Rentometer, Inc. | Data as of 10/22/2025
Waunakee, nestled in the heart of Dane County, blends small‑town charm with easy access to the economic and cultural hub of Madison. Its historic downtown features boutique shops, farm‑to‑table eateries, and community events that draw both residents and visitors alike. The city’s scenic parks, well‑maintained trails, and proximity to the University of Wisconsin campus make it an appealing destination for professionals, families, and students seeking a balanced lifestyle in central Wisconsin.
The rental market reflects this diversity, offering a mix of modern apartments and spacious single‑family homes. Rent starts in the $1300s for studio apartments, providing affordable options for those transitioning to independent living. Larger households can find three‑bedroom homes that approach the $4800 range, catering to families desiring extra space and a suburban setting. Throughout Waunakee, properties benefit from well‑rated schools, convenient public transportation links, and easy commutes to major employment centers, while still enjoying the quiet, neighborly atmosphere that defines the community.
Neighborhoods such as the River Prairie and the newly developed Willow Creek Preserve offer a range of housing styles, from contemporary townhomes to classic Craftsman houses, each set against a backdrop of mature trees and well‑planned amenities. Residents also appreciate the city’s focus on sustainability, with numerous green spaces and community initiatives that enhance the quality of life. Whether you’re seeking a vibrant downtown loft, a family‑friendly house, or a peaceful suburb, Waunakee’s rental options provide a welcoming entry point to the rich cultural and natural offerings of central Wisconsin.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,393 | $1,359 | $1,225 - $1,570 | $1,225 - $1,530 |
| Apartment | 1 Bedroom | $1,461 | $1,499 | $975 - $1,795 | $1,400 - $1,520 |
| Apartment | 2 Bedroom | $1,700 | $1,785 | $1,125 - $2,260 | $1,320 - $1,999 |
| House | 3 Bedroom | $2,786 | $2,925 | $2,200 - $3,095 | $2,850 - $3,095 |
| House | 4+ Bedroom | $4,854 | $4,995 | $3,400 - $6,500 | $3,595 - $6,000 |
In the current period, the average rent in Waunakee was $1,394 for Studio, $1,462 for 1 Bedroom, $1,697 for 2 Bedroom, $2,694 for 3 Bedroom, and $3,830 for 4+ Bedroom.
Data provided by Rentometer, Inc.