294

Waunakee, WI Homes for Rent

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  • /32

    Starting at $1,370

    Total Monthly Price

    • Studio - 2 Beds

    110 Breunig Blvd, Waunakee, WI 53597

    Heritage Hills Apartments is a unique community, nestled within the gorgeous Heritage Hills Neighborhood. This area is within walking distance to charming downtown Waunakee, with unique shops, raved-out restaurants, a brand new library, parks and so much more. Making it an ideal place to call home!

    Heritage Hills Apartments

    (608) 292-5468

    110 Breunig Blvd, Waunakee, WI 53597
  • /20

    Starting at $1,399

    Total Monthly Price

    • Studio - 2 Beds

    1055 Simon Crestway, Waunakee, WI 53597

    Experience luxury living at The Crest Luxury Apartments, nestled in the heart of Waunakee, a vibrant and diverse suburb of Madison, WI. As one of Wisconsin's fastest-growing cities, Waunakee offers the perfect blend of small-town charm and urban convenience. Residents enjoy top-rated schools, a historic downtown, scenic parks, safe neighborhoods, and a variety of shopping, dining, and

    The Crest Luxury Apartments

    (608) 292-2306

    1055 Simon Crestway, Waunakee, WI 53597
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    Starting at $1,595

    Total Monthly Price

    • Studio - 3 Beds

    203 E Main St, Waunakee, WI 53597

    Introducing Lamphouse, Waunakee's premier luxury living address. Carefully created with our residents' comfort in mind, you will discover unique amenities, superior apartment features and a place you will love to call home. With over 28 unique luxury apartment floor plans to select from you will surely find the style that fits your personality. Visit us, take a tour, and get the information you

    Lamphouse Apartments

    (608) 807-2408

    203 E Main St, Waunakee, WI 53597
  • /45

    Starting at $1,225 Per Month

    • Studio - 2 Beds

    301 E Main St, Waunakee, WI 53597

    Welcome to The Ridge Apartments, where contemporary elegance meets urban convenience for a unique Madison living experience. Explore our thoughtfully designed 1-bedroom apartments, offering modern luxury at an affordable price. Each residence at The Ridge features spacious layouts, sleek finishes, and ample natural light, ensuring comfort and style.Enjoy a range of amenities tailored to enhance

    Madison & Main

    (608) 292-3575

    301 E Main St, Waunakee, WI 53597
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    Starting at $1,610 Per Month

    • 1 - 3 Beds

    1101 Connery Cove, Waunakee, WI 53597

    The Laurel at Kilkenny is now open! This beautiful property offers luxury rental living in Waunakee's most affluent neighborhood. Residents will enjoy a shared community room with a living room, fireplace, and full kitchen, an outdoor patio with a fireplace and grilling station, plus a fitness center with a separate exercise studio.Choose from one, two, and three-bedroom

    The Laurel at Kilkenny

    (608) 413-3741

    1101 Connery Cove, Waunakee, WI 53597
  • /8

    Starting at $1,095 Per Month

    • 1 - 2 Beds

    607 Reeve Dr, Waunakee, WI 53597

    Country View apartments are where Waunakee's active seniors love to live. Country View is an independent living apartment home for adults 55 and older. You will love small town living with easy access to Madison. We are located close to everywhere you need to be! Our community is in the heart of Waunakee across from the Piggly Wiggly. Walk to Post office and Village Mall. All of our apartments

    Waunakee Country View

    (608) 292-2034

    607 Reeve Dr, Waunakee, WI 53597
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    Starting at $1,575 Per Month

    • 1 - 2 Beds

    301 E 3rd St, Waunakee, WI 53597

    Designed with comfort and ease in mind, our community offers a relaxed, maintenance-free lifestyle for active seniors.Choose from a variety of thoughtfully designed one- and two-bedroom floor plans, each featuring fully equipped kitchens, generous storage, in-unit laundry, in-floor radiant heat, cable TV, and private patios or balconies.Our community offers convenient amenities including

    Cannery Row Apartments

    (608) 602-3426

    301 E 3rd St, Waunakee, WI 53597
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    $1,240 Per Month

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    100 Fish St Unit 2, Waunakee, WI 53597

    a cozy 2-bedroom, 1-bathroom apartment nestled in the heart of highly desirable Waunakee. Perfectly balancing functional design with a manageable footprint, this 600-square-foot home is tailored for those who appreciate a simplified, low-maintenance lifestyle without sacrificing the comfort of a true community setting. The layout maximizes every square foot, offering a welcoming atmosphere that

    (608) 602-8099

    100 Fish St Unit 2, Waunakee, WI 53597
  • /13

    $1,475

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    305 Knightsbridge Rd, Waunakee, WI 53597

    Four-plex...you get the benefits of apartment style living with lawn care and snow removal taken care of for you without the hassles of larger buildings with many tenants.Large living room open to kitchen (some tenants have used this large space as a living room and dining room, or living room and office, or living room and play area, or one large living room)Spacious eat in kitchen with

    305 Knightsbridge Rd, Waunakee, WI 53597
  • /14

    $2,600

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • Townhouse for Rent

    5849 Woodland Dr, Waunakee, WI 53597

    Incredible floor plan with soaring ceilings and lots of natural light that create a bright inviting atmosphere. This townhouse has that wow factor that you don't find everywhere.

    5849 Woodland Dr, Waunakee, WI 53597
  • /9

    $1,550

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    205 Kearney Way Unit 201 - 202, Waunakee, WI 53597

    Available Now - MULTIPLE UNITS This charming 2 bedroom, 1 bath condo with storage is located in Waunakee's wonderful school district. It boasts a large master bedroom with spacious living areas. All utilities except electric and internet are included in rent. Surface parking with

    205 Kearney Way Unit 201 - 202, Waunakee, WI 53597
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    $3,250 Per Month

    • 3 Beds
    • 3 Baths
    • 1,526 Sq Ft
    • House for Rent

    421 Crane Crossing, Westport, WI 53597

    HOME FOR RENT in the desirable village of Waunakee located in the newer subdivision of Heritage Hills! Fresh and charming with great layout, this 3 bedroom 2.5 bathroom is exquisite. Open floor plan, natural light throughout! Kitchen features breakfast bar & stainless steel appliances. Private concrete patio for cook outs or relaxation. 2-car attached garage. Unfinished basement for storage or

    Jenny Bunbury-Johnson Bunbury & Assoc, REALTORS

    421 Crane Crossing, Westport, WI 53597
  • /30

    $1,860 Per Month

    • 3 Beds
    • 2 Baths
    • 2,035 Sq Ft
    • 1122-1124 Waunakee Duplex

    500-1124 Knightsbridge Rd Unit 1122, Waunakee, WI 53597

    500-1124 Knightsbridge Rd Unit 1122, Waunakee, WI 53597
  • /21

    $3,300 Per Month

    • 3 Beds
    • 3 Baths
    • 2,798 Sq Ft
    • House for Rent

    1018 Ganser Dr, Waunakee, WI 53597

    Joanna Janas Sprinkman Real Estate

    1018 Ganser Dr, Waunakee, WI 53597

Why Live in Waunakee

Waunakee, WI, located on the northern banks of Lake Mendota, offers a blend of suburban and rural living with easy access to downtown Madison. Founded in 1871, this town features a charming Main Street with shops and restaurants, contributing to its small-town atmosphere. Housing options range from historic brick ranch-style homes to newly built Craftsman houses, with some luxury properties overlooking the lake. The Waunakee Community School District is highly rated, with Arboretum Elementary, Waunakee Intermediate, Waunakee Community Middle, and Waunakee Community High all earning top marks. Residents enjoy numerous attractions, including Waunakee Village Park with its paved paths and playgrounds, and the Waunakee Village Center, which offers a gym and community events. Governor Nelson State Park provides over 8 miles of trails and sandy beaches along Lake Mendota. Dining options are plentiful along Main Street, with popular spots like Lone Girl Brewing Company and Red and White Winebar. Waunakee is conveniently located 20 to 30 minutes from downtown Madison and 10 to 15 minutes from Dane County Regional Airport, making it an accessible and appealing place to live.

Frequently Asked Questions

How much does it cost to rent a home in Waunakee, WI?
The median rent for a home in Waunakee, WI is $1,860 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waunakee, WI?
To comfortably afford the median rent in Waunakee, WI, a household needs to earn roughly $74,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,860 per month in Waunakee, WI, renters typically need to show $5,580 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waunakee, WI?
In Waunakee, WI, the price-to-rent ratio is 26.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Waunakee, WI are best for renting a home?
The best neighborhood for renting in Waunakee, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Brentwood Village, Berkeley Oaks, Middleton Coastline, Downtown Madison and Greenbush, each with its own character and price range.

Rental Home Trends in Waunakee, WI

Rental Home Trends

Number of Homes for Rent
14
Median Rent
$1,860
Median Single Family Home Rent
$3,300
Median Townhouse Rent
$2,600
Median Condo Rent
$1,550
How to Rent a Home