Apartments for Rent in Waukesha, WI

Prices and availability in Waukesha, WI were last updated on 5 Oct 2026.

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

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

The price range for a studio apartment in Waukesha, WI is between $1,145 and $3,784.

The price range for a 1-bedroom apartment in Waukesha, WI is between $885 and $3,209.

The price range for a 2-bedroom apartment in Waukesha, WI is between $1,175 and $3,816.

The price range for a 3-bedroom apartment in Waukesha, WI is between $1,065 and $3,784.

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.

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.