Apartments for Rent in Waukesha, WI

Prices and availability in Waukesha, WI were last updated on 14 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 The Meadows Apartments.

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

The price range for a studio apartment in Waukesha, WI is between $1,305 and $1,465.

The price range for a 1-bedroom apartment in Waukesha, WI is between $1,160 and $1,795.

The price range for a 2-bedroom apartment in Waukesha, WI is between $1,250 and $2,495.

In Waukesha 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 17% of Waukesha's apartments are found in large buildings of 50 units or more, 75% are located in smaller apartment complexes with less than 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.

Rental apartments in Waukesha come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Waukesha. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.