Average Rent in Waukesha, WI
11 apartment buildings, 92 units. Real asking prices, refreshed daily.
Avg Rent
$1,772/mo
market average
Cheapest
$883/mo
Mountain Village Apartments
Properties
11
tracked daily
Units
92
available now
Waukesha, WI Resident Access
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Analysis
Rent Price Breakdown
Compare pricing across all 11 properties in Waukesha, WI.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Waukesha, WI Rent Prices
All 11 properties ranked by lowest available rent.
Mountain Village Apartments
304 W North St, Waukesha, WI 53188, USA
West Grove on the Lake
2105 Kensington Dr, Waukesha, WI 53188, USA
Smart Asset Realty
200 W Main St, Waukesha, WI 53186, USA
Kimberly Place Apartments
430 &, 450 Kimberly Dr, Waukesha, WI 53188, USA
Ridge View Apartments
212 W North St, Waukesha, WI 53188, USA
Springs at Meadowbrook Apartments
601 Sierra Cir, Waukesha, WI 53188, USA
Broadway Commons Apartment Homes
1916 E Broadway, Waukesha, WI 53186, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Mountain Village Apartments 304 W North St, Waukesha, WI 53188, USA | $883 | $1,431 | $1.71 | 4.5 (80) | 4 |
| 2 | West Grove on the Lake 2105 Kensington Dr, Waukesha, WI 53188, USA | $1,160 | $1,604 | $1.41 | 3.3 (326) | 19 |
| 3 | Smart Asset Realty 200 W Main St, Waukesha, WI 53186, USA | $1,245 | $1,245 | $1.04 | 4.1 (1385) | 1 |
| 4 | Kimberly Place Apartments 430 &, 450 Kimberly Dr, Waukesha, WI 53188, USA | $1,284 | $1,707 | $1.61 | 3.8 (31) | 2 |
| 5 | Ridge View Apartments 212 W North St, Waukesha, WI 53188, USA | $1,305 | $1,449 | -- | 5 (36) | 5 |
| 6 | Springs at Meadowbrook Apartments 601 Sierra Cir, Waukesha, WI 53188, USA | $1,376 | $1,927 | $1.90 | 4.7 (52) | 39 |
| 7 | Broadway Commons Apartment Homes 1916 E Broadway, Waukesha, WI 53186, USA | $1,455 | $1,613 | -- | 4.5 (94) | 5 |
Explore Each Property
Mountain Village Apartments
4.5 (80)304 W North St, Waukesha, WI 53188, USA
West Grove on the Lake
3.3 (326)2105 Kensington Dr, Waukesha, WI 53188, USA
Smart Asset Realty
4.1 (1385)200 W Main St, Waukesha, WI 53186, USA
Kimberly Place Apartments
3.8 (31)430 &, 450 Kimberly Dr, Waukesha, WI 53188, USA
Ridge View Apartments
5 (36)212 W North St, Waukesha, WI 53188, USA
Springs at Meadowbrook Apartments
4.7 (52)601 Sierra Cir, Waukesha, WI 53188, USA
Waukesha, WI Average Rent Prices 2026
The average rent in Waukesha, WI is $1,772 per month, based on 92 units across 11 apartment communities. Prices range from $883 at Mountain Village Apartments to $1,693 at Foxhaven Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,927/mo | $1,376/mo | 39 |
| 1 Bed | $1,493/mo | $883/mo | 17 |
| 2 Bed | $1,694/mo | $1,250/mo | 28 |
| 3 Bed | $1,881/mo | $1,245/mo | 8 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Waukesha, WI apartments earn?
The 8 buildings we can estimate generate about $871K in rental revenue per month ($10M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Est. Occupancy | Units |
|---|---|---|---|
| 1.Springs at Meadowbrook Apartments | $376K/mo | 83% | 234 |
| 2.West Grove on the Lake | $168K/mo | 87% | 144 |
| 3.The Corners of Brookfield Apartments | $71K/mo | 83% | 42 |
| 4.Kimberly Place Apartments | $69K/mo | 95% | 42 |
| 5.Smart Asset Realty | $52K/mo | 98% | 60 |
Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Waukesha, WI, and what they pay
Tracked one-bedroom rent in Waukesha, WI averages $1,493/mo, with two-bedroom units averaging $1,694/mo. At the local median household income of $81,651, that works out to 26% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Waukesha, WI at $1,183/mo. The current tracked market average runs 50% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Waukesha, WI while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Waukesha, WI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$71,000/year
Based on the 30 percent rule, using our tracked average rent of $1,772/mo.
Comfortable income
$85,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($883/mo), you need to earn at least $35,000/year.
Median household income in Waukesha, WI is $81,651 , about 4% below the comfortable-living threshold.
Cost of living in Waukesha, WI
Overall prices in Waukesha, WI runs below the national average by about 4% (BEA Regional Price Parity index 95.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waukesha, WI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,772 |
| Utilities | $404 |
| Groceries | $507 |
| Transportation | $964 |
| Healthcare | $470 |
| Other goods and services | $752 |
| Estimated total | $4,869/mo |
Population
70,779
Median household income
$81,651
Census median rent
$1,183/mo
Rent as % of income
29.3%
Median age
36.4
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Wisconsin
How Waukesha, WI rent compares to other markets in the state.
| City | Avg Rent | vs Waukesha, WI | Properties |
|---|---|---|---|
| Madison, WI | $2,494 | +41% | 19 |
| Altoona, WI | $1,545 | -13% | 11 |
| Kenosha, WI | $1,818 | +3% | 6 |
Frequently asked questions
What is the average rent in Waukesha, WI?
The average rent in Waukesha, WI is $1,772 per month, based on 92 units across 11 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Waukesha, WI?
The lowest available rent in Waukesha, WI starts at $883 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Waukesha, WI?
1-bedroom apartments in Waukesha, WI average $1,493/mo. The lowest listed 1-bedroom starts at $883/mo across 17 units tracked.
How much is a 2-bedroom apartment in Waukesha, WI?
2-bedroom apartments in Waukesha, WI average $1,694/mo. Units start from $1,250/mo across 28 units currently listed.
Rent Trends in Waukesha, WI
Track how apartment prices are changing over time.
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