Cheap Apartments for Rent in the Downtown Wausau Neighborhood of Wausau, WI from $500 (6 Rentals)

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Cheap Apartments in the Downtown Wausau area of Wausau.

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500 E Thomas St
1 to 2 Bedroom Apartments

500 E Thomas St

500 E Thomas StWausau, WI 54403
  • Utilities Included

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

Downtown Wausau, Wausau, WI Local Guide

Cheapest Available Downtown Wausau Apartments for Rent

 

The cheapest available apartment rental in the Downtown Wausau area of Wausau, WI is a 1 Bed unit found at The Landmark priced from $505. Riverview Towers and Riverview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $618. Here are the most affordable Downtown Wausau apartments for rent in Wausau, WI:

Apartment ListingModel NameBed/BathPriced From
The Landmark1 BR 1BA1BR,1BA$505
Riverview Towers and Riverview TerraceRiverview Terrace 1 Bedroom 1 Bath1BR,1BA$618
Kannenberg Plaza1 Bedroom1BR,1BA$826

Best Value Apartments for Rent in Downtown Wausau, WI

As of May 05, 2025 the best value apartment in the Downtown Wausau area is the $0.95 price per square foot 407 Grant St Model at 407 Grant St, Unit 1 in the in the Downtown Wausau neighborhood starting from $1,050. The second greatest value Downtown Wausau apartment is the 2 Bed 1.5 Bath Upper Model at Bos Creek Estates starting at $1,059 with a $1.01 price per square foot in the Downtown Wausau neighborhood. Here is today’s list of the best values for Downtown Wausau apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
407 Grant St, Unit 1407 Grant St1BR,1BA$0.95
Bos Creek Estates2 Bed 1.5 Bath Upper2BR,1.5BA$1.01
Grand Avenue Luxury Apartment Homes1 Bed 1 Bath Upper1BR,1BA$1.13
The Landmark2BR 1BA2BR,1BA$1.64
The Reserve at Greenwood Hills (Golf access!)The Windsor1BR,1BA$3.04
Kannenberg Plaza1 Bedroom1BR,1BA$1.36
Island Place Apartments - On the RiverCORPORATE 1B Furnished1BR,1BA$2.38
Riverview Towers and Riverview TerraceRiverview Towers 2 Bedroom 1 Bath2BR,1BA$1.40

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Pet Friendly Lifestyle
Downtown Wausau, Wausau, WI

Ranked #2

Among neighborhoods in Wausau, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Downtown Wausau Neighborhood in Wausau, WI

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Downtown Wausau Apartments

What is the price of a cheap apartment in Downtown Wausau?

The cheapest apartment in Downtown Wausau is The Landmark which is listed at $505, while the average apartment in Downtown Wausau costs $1,299.

What types of apartments are the cheapest in Downtown Wausau?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Downtown Wausau that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.