Cheap Homes for Rent in Waukesha, WI from $800 (7 Rentals)

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Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Waukesha, WI Local Guide

Cheapest Neighborhoods for Apartments in Waukesha, WI

Pricing Updated: 04/23/2025

Current apartment rentals in the Waukesha, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waukesha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Overlook Farms$2,460$85510
Downtown Waukesha$2,525$85581
Westmoreland Grove$2,582$85067
Eastern Waukesha$4,600$530754

Cheapest Available Waukesha Apartments for Rent

 

The cheapest available apartment rental in Waukesha, WI is a Studio unit found at 234 W Main St in the Spring Hills neighborhood priced from $1,000. Berkshire at Kensington in the Spring Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. Here is today’s list of the most affordable Waukesha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
234 W Main StStudioStudio,1BA$1,000
Berkshire at Kensington1 Bedroom A1BR,1BA$1,034
Maple Ave Apartments1 bed/ 1 bath1BR,1BA$1,050

Best Value Apartments for Rent in Waukesha, WI

As of April 23, 2025 the best value apartment in the Waukesha area is the $1.12 price per square foot Upper Model at Hawthorne Place Apartments in the in the Five Fields neighborhood starting from $1,825. The second greatest value Waukesha apartment is the 2 Beds, 2 baths Model at 625 Shepherd Ct starting at $2,100 with a $1.46 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Waukesha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawthorne Place ApartmentsUpper3BR,2BA$1.12
625 Shepherd Ct2 Beds, 2 baths2BR,2BA$1.46
River Trail Apartments2 Bedroom, 2 Bathroom - Type A2BR,2BA$1.23
River Park Meadows2 Bedrooms2BR,2BA$1.38
Kendal HillsFloor Plan "D"2BR,1BA$1.43
357 Morris2 bd 2 ba2BR,2BA$1.45
1381 Meadowcreek2 bedrooom/1 bath w/garage2BR,1BA$1.35
Woodfield Heights ApartmentsStyle AA2BR,2BA$1.46
The Meadows ApartmentsHickory2BR,2BA$1.44
Maple Ave Apartments1 bed/ 1 bath1BR,1BA$1.40

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Waukesha, WI Area Reviews

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Glendaliz4+ years in Waukesha

February 25, 2025

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Frequently Asked Questions about Waukesha

What type of rentals are currently available in Waukesha?

There are currently 229 Apartments for Rent in Waukesha, WI with pricing that ranges from $800 to $6,345. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukesha ranging from $800 to $4,500.

What is the current price range for Rental Homes in Waukesha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waukesha ranges from $800 to $4,500 with an average monthly rent of $2,081.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.