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Rental Market Trends in Waunakee, WI

What is the average rent in Waunakee, WI?

$1,383/month

Average Rent

766 Sq Ft

Average Apartment Size

+2.7%

Increase in the Last Year

As of July 2025, the average rent in Waunakee, WI is $1,383 per month. This is 16% lower than the national average rent of $1,637/month, making renting in Waunakee more affordable than most cities in the US. When you rent an apartment in Waunakee, you can expect to pay about $1,342 per month for a studio, $1,383 for a one-bedroom apartment, and around $1,725 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,254 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,342/month
568 Sq Ft
One Bedroom
$1,383/month
766 Sq Ft
Two Bedroom
$1,725/month
1,099 Sq Ft
Three Bedroom
$2,254/month
1,482 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Waunakee, WI?

In the past year, rent has increased by 2.7%, which averages out to $38 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Waunakee, WI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Waunakee, WI
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
50% $1,001 - $1,500/month
20% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Waunakee?

Based on current rent prices, Sixmile Creek and Pleasant View Heights" are the most affordable neighborhoods in Waunakee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sixmile Creek
$1,507/month
827 Sq Ft
Pleasant View Heights
$1,507/month
827 Sq Ft

What are the most expensive neighborhoods in Waunakee?

Based on current rent prices, Sixmile Creek and Pleasant View Heights" are the most expensive neighborhoods in Waunakee.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sixmile Creek
$1,507/month
827 Sq Ft
Pleasant View Heights
$1,507/month
827 Sq Ft

Which Waunakee neighborhoods have the most rentals available?

The neighborhoods in Waunakee with the most apartments available are Sixmile Creek and Pleasant View Heights" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sixmile Creek
$1,507/month
827 Sq Ft
Pleasant View Heights
$1,507/month
827 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Waunakee, WI?

Because the average rent in Waunakee is $1,383, you’ll want to make about $4,610 per month or $55,320 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Waunakee, WI

109 Available Apartments for Rent

Search for Nearby Apartments

How does Waunakee, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Waunakee, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Waunakee, WI

Apartment Averages

Sixmile Creek

Waunakee, WI

Sixmile Creek

Waunakee, WI

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Maple Bluff Average Rent
  • De Forest Average Rent
  • Middleton Average Rent
  • Madison Average Rent
  • Windsor Average Rent

Apartment communities in Waunakee we think you'll love

Heritage Hills Apartments

Heritage Hills Apartments

110 Breunig Blvd,
Waunakee, WI 53597

Studio - 2 Beds | $1,320 - $2,595

Lamphouse by Hovde

Lamphouse by Hovde

203 E Main St,
Waunakee, WI 53597

1-2 Beds | $1,395 - $2,645

The Crest Luxury Apartments

The Crest Luxury Apartments

1055 Simon Crestway,
Waunakee, WI 53597

Studio - 2 Beds | $1,359 - $2,099

The Laurel at Kilkenny

The Laurel at Kilkenny

1101 Connery Cv,
Waunakee, WI 53597

1-3 Beds | $1,610 - $2,325

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United States Wisconsin Waunakee Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity