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Apartments for Rent in Waunakee, WI

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What to Know About

Life in Waunakee & Beyond

Waunakee 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

Waunakee, WI

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As of November 2026, Waunakee's rental market is competitive, with rentals spending about 28 days on the market, faster than in Wisconsin (31), and rents down 1.5% over the past year. Waunakee's average rent is 14.4% ($222) higher than the Wisconsin average of $1,539 and 13.5% ($275) lower than the U.S. average of $2,036.

Average Rent
$1,761
Monthly ChangeMonth Over Month Change
Decreased0.92% ($16)
Yearly ChangeYear Over Year Change
Decreased1.5% ($26)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,517 Decreased0.66% ($10) Decreased0.2% ($3)
2 Beds $1,832 Decreased0.13% ($2) Increased0.2% ($3)
3 Beds $2,823 Decreased0.14% ($4) Decreased3.1% ($89)
Nearby Cities Average Rent Avg. Rent vs. WaunakeeAverage Rent vs. Waunakee Days on Market
Dane $1,860 Increased5.6% ($99) 29 days
Middleton $1,705 Decreased3.2% ($56) 40 days
Windsor $1,801 Increased2.3% ($40) 28 days
Deforest $1,804 Increased2.4% ($43) 28 days
Madison $1,975 Increased12.2% ($214) 27 days
Based on rentals advertised on RentalSource in and around Waunakee.
Frequently Asked Questions
Waunakee Rental Market FAQs

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

The average rent in Waunakee, WI is about $1,761 per month.
In Waunakee, the average rent is about $1,517 per month for a 1-bedroom apartment, about $1,832 for a 2-bedroom apartment and about $2,823 for a 3-bedroom apartment.
The average rent in Waunakee is 13.5% ($275) lower than the national average of $2,036 per month.
The rental market in Waunakee, WI is currently competitive, with rentals spending about 28 days on the market, faster than in Wisconsin (31), and rents down 1.5% over the past year.
Based on the current averages, a household would need an annual income of about $73,300 to comfortably afford a 2-bedroom apartment in Waunakee.
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