Waunakee

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Waunakee, WI Area Guide

Avg Rent

$1,479

Population

15,321

Renter Mix

22% Rent

Delight in the many charms of “the Only Waunakee in the World”

Suburban Family-Friendly Peaceful Luxurious Vibrant Active Convenient Idyllic

Situated about ten miles north of Madison, Waunakee is an idyllic suburb with a strong farming community and a distinct small-town vibe. Waunakee draws families for its top-ranked schools, short commute times, and abundant options for outdoor recreation.

Waunakee’s close-knit community comes together for a wide variety of special events, including Art on Main, Imagination Celebration, WaunaBoom, and much more. Residents also congregate in Waunakee’s quaint downtown area strewn along historic Main Street, which is teeming with charming shops, markets, and eateries.

There’s always plenty to do in and around Waunakee. Shopping options range from unique boutiques in downtown to national retailers in nearby East Towne Mall. Numerous village parks, like Ripp Park and Waunakee Village Park, provide plenty of opportunities to enjoy the outdoors as well as several nearby parks on Lake Mendota such as Governor Nelson State Park, Cherokee Marsh, and Warner Park.

Demographics

Median Household Income

$119,192

Average: $145,558

Education

6,293

Residents Have a Degree

Job Market

8,165

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

41 Years

Largest Age Group

15-24 Years

Approximately 16% of Residents

Under 20

26%

Over 65

17%

Housing Distribution

Waunakee has more homeowners than renters.

Renters
22%
Non-Renters
78%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
37%
Other Education
63%

Rent Trends

As of April 2026, the average apartment rent in Waunakee, WI is $1,417 for a studio, $1,478 for one bedroom, $1,799 for two bedrooms, and $2,334 for three bedrooms. Apartment rent in Waunakee has increased by 1.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,478/month
788 Sq Ft
See Rental Market Trends in Waunakee, WI

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Waunakee Prairie Elementary

Public

Grades PK-5

533 Students

Waunakee Intermediate

Public

Grades K-5

635 Students

Arboretum Elementary

Public

Grades PK-5

435 Students

Waunakee Heritage Elementary

Public

Grades PK-5

547 Students

Waunakee Community 4k School

Public

Grades K

245 Students

Waunakee Middle

Public

Grades 6-8

682 Students

Waunakee High

Public

Grades 9-12

1,327 Students

Points of Interest

Parks and Recreation

  • Governor Nelson State Park
  • Cherokee Marsh - Mendota Unit
  • Cherokee Marsh - South Unit
  • Cherokee Marsh - North Unit
  • Sandburg Woods

Airports

  • Dane County Regional/Truax Field

Top Apartments in Waunakee

Houses for Rent in Waunakee

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.