Apartments for Rent in Waukesha, WI

Prices and availability in Waukesha, WI were last updated on 26 Jul 2026.

The best apartments in Waukesha, WI are: Rivers Edge Apartments, West Grove on the Lake, The Glens of Waukesha, Hillside Village Apartments and Overlook Townhomes.

The average rent in Waukesha, WI is $1,413.

The price range for a studio apartment in Waukesha, WI is between $1,260 and $1,465.

The price range for a 1-bedroom apartment in Waukesha, WI is between $1,160 and $1,745.

The price range for a 2-bedroom apartment in Waukesha, WI is between $1,360 and $3,753.

In Waukesha, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Waukesha's rentals, 75% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waukesha are about 40 years old, on average. Of these, 19% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 90% of the rental communities here are low-rise, garden-style communities, 19% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Waukesha are around 2% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.