Apartments for Rent in Waukesha, WI

Prices and availability in Waukesha, WI were last updated on 14 Oct 2026.

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

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

The price range for a studio apartment in Waukesha, WI is between $1,145 and $3,885.

The price range for a 1-bedroom apartment in Waukesha, WI is between $885 and $3,241.

The price range for a 2-bedroom apartment in Waukesha, WI is between $1,199 and $3,815.

The price range for a 3-bedroom apartment in Waukesha, WI is between $1,065 and $3,894.

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.

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.