Last updated
Average Rent in Waukesha, WI & Rent Trends
Rent prices and market trends across 16 apartment communities in Waukesha, WI. Updated daily.
Market Average
$1,647/mo
▲ +5.1% from last month
Lowest Available
$800/mo
cheapest unit on market
Communities
16
tracked daily
Units Listed
178
available now
Price Cuts This Week in Waukesha, WI
18 listed units across 7 buildings in Waukesha, WI dropped their asking rent in the past 7 days, an average cut of $136/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Ridge Pointe Apartments | Unit 8 | $1,765 | $1,295 | $470 |
| Broadway Commons Apartment Homes | Unit 8 | $1,765 | $1,295 | $470 |
| Ridge View Apartments | Unit 8 | $1,765 | $1,435 | $330 |
| Rivers Edge Apartments | Unit 4, C | $1,700 | $1,495 | $205 |
| BridgeWalk Apartments | Unit 1, 1B | $1,699 | $1,529 | $170 |
| Ridge View Apartments | Unit 7 | $1,435 | $1,295 | $140 |
| Springs at Meadowbrook Apartments | Unit 11 | $2,047 | $1,917 | $130 |
| Ridge View Apartments | Unit 1 | $1,175 | $1,095 | $80 |
Rent by Neighborhood in Waukesha, WI
Compare average rent across Waukesha, WI neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Coventry Downs | $2,044 | ▲ $41 | $1,560 | 1 | 13 |
| Brookstone Willows | $1,759 | ▲ $55 | $1,076 | 8 | 102 |
| Fox Lake Village | $1,555 | ▲ $90 | $1,465 | 1 | 2 |
| Greenway Terrace | $1,377 | ▲ $20 | $800 | 6 | 61 |
Is Rent Going Up or Down in Waukesha, WI?
As of August 2026, the average rent in Waukesha, WI is $1,647 per month across 16 apartment communities and 178 available units. Rents have increased $78 (5.1%) over the past month.
The most affordable option is East Terrace Apartments starting at $800/mo. By unit type, a studio averages $1,984/mo, a 1-bedroom averages $1,334/mo, a 2-bedroom averages $1,618/mo, a 3-bedroom averages $1,815/mo, a 4-bedroom averages $2,595/mo.
Prices range from $800 to $2,980 per month. The most common price point is the $1,200 range, where 39 units are currently listed.
Waukesha, WI Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,414 | - | 5 |
| June 2026 | $1,569 | +$155 | 12 |
| July 2026 | $1,586 | +$17 | 17 |
| August 2026 | $1,615 | +$29 | 17 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Waukesha, WI
Rent Prices by Apartment in Waukesha, WI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| East Terrace Apartments | $800/mo | $1,069/mo | 17 | 3 |
| Smart Asset Realty | $950/mo | $1,476/mo | 7 | 4.1 |
| Kimberly Place Apartments | $1,076/mo | $1,573/mo | 19 | 3.8 |
| The Meadows | $1,205/mo | $1,403/mo | 20 | 3.6 |
| Rivers Edge Apartments | $1,215/mo | $1,436/mo | 5 | 4.2 |
| West Grove on the Lake | $1,240/mo | $1,627/mo | 19 | 3.3 |
| Riverwalk Apartments | $1,275/mo | $1,710/mo | 12 | 4.4 |
Frequently Asked Questions About Rent in Waukesha, WI
What is the average rent in Waukesha, WI?
Is rent going up or down in Waukesha, WI?
What is the cheapest apartment in Waukesha, WI?
How much is a 1-bedroom apartment in Waukesha, WI?
How many apartments are available in Waukesha, WI?
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
$66,000/year
Based on the 30 percent rule, using our tracked average rent of $1,647/mo.
Comfortable income
$79,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($800/mo), you need to earn at least $32,000/year.
Median household income in Waukesha, WI is $81,651 , about 3% above 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) | $1,647 |
| Utilities | $404 |
| Groceries | $507 |
| Transportation | $964 |
| Healthcare | $470 |
| Other goods and services | $752 |
| Estimated total | $4,744/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.
Google Search Trends for Waukesha, WI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Waukesha, WI Apartments
Browse all 16 communities with daily-updated pricing and availability.