Waunakee, Wisconsin Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Waunakee, Wisconsin rental market.

Waunakee, Wisconsin

Average Apartment Rent

$1,697

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Waunakee, Wisconsin apartments have recorded a Infinity% rent increase.

Waunakee, Wisconsin Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Waunakee $1,541 $1,508 $1,528 $1,583 $1,608 $1,651 $1,619 $1,619 $1,667
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Waunakee
National
Jul 2023
$1,541
$1,741
Nov 2023
$1,508
$1,732
Mar 2024
$1,528
$1,736
Jul 2024
$1,583
$1,756
Nov 2024
$1,608
$1,749
Mar 2025
$1,651
$1,755
Jul 2025
$1,619
$1,767
Nov 2025
$1,619
$1,753
Mar 2026
$1,667
$1,750

Waunakee, Wisconsin Average Apartment Rent

Waunakee, Wisconsin Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 44.47%, apartments priced $1,500 - $2,000 represent the bulk of Waunakee, Wisconsin rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.4%.

Waunakee, Wisconsin Housing tenure**

Renter occupied housing units 1,208
Owner occupied housing units 4,188

Renters take up 22% of Waunakee, Wisconsin real estate, occupying a total of 1,208 units, while homeowners live in 4,188 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$58,542

Average household size of renter-occupied housing units**

1.94

Rental vacancy rate**

4.7%

Waunakee, Wisconsin Renter-occupied housing units by no. of bedrooms**

No bedrooms 43
1 bed 262
2 beds 552
3 beds 251
4 beds 100

There are 552 rentals in Waunakee, Wisconsin with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 43 units. Overall, the median number of rooms in Waunakee, Wisconsin homes for rent is 4.2.

Waunakee, Wisconsin Renter-occupied units by age of householder**

15 - 24 years 96
25 - 34 years 125
35 - 44 years 252
45 - 54 years 187
55 - 59 years 64
60 - 64 years 45
65 - 74 years 202
75 - 84 years 104
85 years and over 133

Most condos for rent in Waunakee, Wisconsin are occupied by residents in the 35 - 44 years age group (21%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 4%.

Waunakee, Wisconsin Renter-occupied housing units by family type**

Family households 569
Non-Family Households 639

Waunakee, Wisconsin Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 245
No related children of the householder under 18 963

A total of 569 apartments for rent in Waunakee, Wisconsin, or 47% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 245 units. All in all, the median size of a renter-occupied household in Waunakee, Wisconsin is 1.94.

Waunakee, Wisconsin Renter-occupied housing units by educational attainment**

Less than high school graduate 89
High school graduate (including equivalency) 332
Some college or associate's degree 634
Bachelor's degree or higher 153

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Waunakee, Wisconsin.

Waunakee, Wisconsin Renter-occupied units by year structure built**

Built 2020 or later 19
Built 2010 - 2019 61
Built 2000 - 2009 158
Built 1990 - 1999 390
Built 1980 - 1989 145
Built 1970 - 1979 313
Built 1960 - 1969 62
Built 1950 - 1959 9
Built 1939 or earlier 51

The highest share of Waunakee, Wisconsin apartment rentals, namely 32% or 390 units, were Built 1990 - 1999, followed by those Built 1970 - 1979 (26%, 313 units), and the ones Built 2000 - 2009 (13%, 158 units).

Waunakee, Wisconsin Renter-occupied units by year householder moved in**

Moved in 2021 or later 131
Moved in 2018 to 2020 406
Moved in 2010 to 2017 517
Moved in 2000 to 2009 99
Moved in 1990 to 1999 39
Moved in 1989 or earlier 16

Median year renter moved into unit 2017

Most Waunakee, Wisconsin renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Waunakee, Wisconsin condos for rent is 2017.

Waunakee, Wisconsin Renter-occupied housing units by vehicles available**

No vehicle available 142
1 vehicle available 523
2 vehicles available 270
3 vehicles available 66
4 vehicles available 128
5 or more vehicles available 79

When it comes to transportation options, 43% of Waunakee, Wisconsin renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 12% have No vehicle available.

Waunakee, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,065
Car, truck, or van - carpooled 133
Walked 29
Taxicab, motorcycle, bicycle, or other means 25
Worked at home 37

Waunakee, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,493
Moved within same county 748
Moved from different county within same state 69
Moved from different state 25

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Waunakee, Wisconsin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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