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Homes & Apartments for Rent in Waukesha, WI 53188

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What to Know About

Life in Waukesha & Beyond

Waukesha shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Waukesha, WI

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As of October 2026, Waukesha's rental market is competitive, with rentals spending about 29 days on the market, faster than in Wisconsin (36), and rents about flat over the past year. Waukesha's average rent is 4.3% ($65) higher than the Wisconsin average of $1,506 and 24.5% ($511) lower than the U.S. average of $2,082.

Average Rent
$1,571
Monthly ChangeMonth Over Month Change
Decreased0.20% ($3)
Yearly ChangeYear Over Year Change
Decreased0.3% ($4)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,318 Decreased0.27% ($4) Decreased1.7% ($22)
2 Beds $1,638 Decreased0.25% ($4) Increased1.1% ($17)
3 Beds $1,978 Decreased0.13% ($3) Decreased1.0% ($20)
Nearby Cities Average Rent Avg. Rent vs. WaukeshaAverage Rent vs. Waukesha Days on Market
Pewaukee $1,521 Decreased3.2% ($50) 34 days
Wales $1,744 Increased11.0% ($173) 34 days
New Berlin $1,767 Increased12.5% ($196) 33 days
Delafield $2,192 Increased39.5% ($621) 34 days
Brookfield $2,035 Increased29.5% ($464) 36 days
Based on rentals advertised on RentalSource in and around Waukesha.
Frequently Asked Questions
Waukesha Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waukesha, WI.

The average rent in Waukesha, WI is $1,571 per month.
In Waukesha, the average rent is $1,318 per month for a 1-bedroom home, $1,638 for a 2-bedroom home and about $1,978 for a 3-bedroom home.
The average rent in Waukesha is 24.5% ($511) lower than the national average of $2,082 per month.
The rental market in Waukesha, WI is currently competitive, with rentals spending about 29 days on the market, faster than in Wisconsin (36), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of $65,500 to comfortably afford a 2-bedroom home in Waukesha.
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