Apartments for Rent in Waunakee, WI

Prices and availability in Waunakee, WI were last updated on 4 Aug 2026.

The best apartments in Waunakee, WI are: Madison & Main, Knightsbridge Road, Century Commons Senior Apartments, Lamphouse Apartments and CANNERY ROW II.

The average rent in Waunakee, WI is $1,493.

The price range for a studio apartment in Waunakee, WI is between $1,495 and $4,040.

The price range for a 1-bedroom apartment in Waunakee, WI is between $998 and $2,905.

The price range for a 2-bedroom apartment in Waunakee, WI is between $1,500 and $3,680.

In Waunakee 23% of the housing is rented out compared to 77% of homes are owned, according to the most recent Census Bureau estimates. 25% of Waunakee's apartments are found in large buildings of 50 units or more, 73% are located in smaller apartment complexes with less than 50 units, and 2% are single-family rentals.

The average age of rental buildings in Waunakee is 15 years old, with 72% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Waunakee 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 55% of the total apartments in the city, while 2-bedroom floorplans represent around 42% of all rentals in Waunakee. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.