Waukesha County Homes under $200,000

Welcome to Waukesha County, Wisconsin—a vibrant community that seamlessly blends suburban charm with the natural beauty of the Midwest. Nestled just west of Milwaukee, Waukesha is known for its rich history, stunning parks, and a welcoming atmosphere that makes it a perfect place to call home. With a variety of recreational opportunities, including hiking trails, lakes, and community events, residents enjoy a high quality of life surrounded by nature.

For those looking to invest in their dream home without breaking the bank, Waukesha County offers an impressive selection of homes under $200,000. This affordability makes it an attractive option for first-time homebuyers, young families, and anyone seeking a cozy retreat. Whether you’re searching for a quaint bungalow, a charming townhouse, or a spacious single-family home, you’ll find a diverse range of options to suit your lifestyle and budget.

Imagine settling into a lovely home where you can enjoy peaceful evenings on your front porch or hosting weekend barbecues in your backyard. With excellent schools, friendly neighborhoods, and convenient access to shopping and dining, Waukesha County provides everything you need for a fulfilling life. Plus, with its close proximity to Milwaukee, you can easily enjoy the excitement of city living while retreating to the tranquility of your suburban haven.

Explore the possibilities that await you in Waukesha County, where your dream home is just a heartbeat away! Dive into our listings today and discover the perfect property that fits your budget and lifestyle.

Newest Waukesha County Homes under $200,000

$185,000

3 Beds ⋅ 1 Baths

Rare opportunity in the heart of Oconomowoc in the Oakwood Heights neighborhood. This home features 3 bedrooms, a large bonus room, 1 bath, a large living room, hardwood floors in some rooms, and an oversized detached 3.5-car garage/workshop. Great location near parks and schools, and close to everything downtown offers. The property needs mostly cosmetic work but also has some foundation issues and is being sold ''as-is.''

715 Elizabeth St, Oconomowoc

Listing courtesy of Benchmark Real Estate, LLC.

$195,000

3 Beds ⋅ 1 Baths

Enjoy this vintage Waukesha home located on a double lot within walking distance to downtown restaurants, shopping and amenities. Large rooms offer comfortable living space throughout. Hardwood floors and built-in cabinets add to the charm. Main floor bedroom and laundry. Flexible living space on second floor with two additional bedrooms, (walk-through) and an additional walk-in closet or can be used as another finished room. New tilt-in windows and screens throughout (2020), new gutters (2026). Newer furnace (2018). Newer roof (2016) Home warranty included. Shed included. Enjoy a covered front porch and private backyard space in a convenient location!

634 E North St, Waukesha

Listing courtesy of Lannon Stone Realty LLC.

$195,000

1 Beds ⋅ 1 Baths

Easy condo living with nature views! This inviting 1-bedroom, 1-bath Waukesha condo features an open-concept layout with vaulted ceilings, a breakfast bar, dining area, and a private balcony--perfect for relaxing and enjoying the scenery. The spacious en-suite bedroom offers a walk-in closet, large vanity, and convenient in-unit laundry. Need storage? A large additional closet off the dining area has you covered! Community perks include a gym and clubhouse available to rent for larger gatherings. Enjoy a convenient location near shopping, dining, parks, trails, and easy access to I-94, with Retzer Nature Center and all that Waukesha has to offer just minutes away. Schedule your showing today!

2732 Northview Rd Unit 94, Waukesha

Listing courtesy of Modern Realty Partners LLC.

$165,000

2 Beds ⋅ 1 Baths

Back on the market and now vacant--ready for you to live in or rent out! Why rent when you can own and start building equity? This upper-level 2-bedroom condo is a fantastic opportunity for an owner-occupant or investor. Enjoy two generously sized bedrooms, ample closet space, a full bathroom with shower over tub, a private balcony, and a large storage area. Two parking spaces and appliances are included. Low condo dues help keep monthly costs manageable. Conveniently located near Carroll University, shopping, restaurants, and everyday amenities. Move in or rent it out--the choice is yours! Schedule your showing today!

410 Cheviot Chase - Unit 3, Waukesha

Listing courtesy of The Real Estate Studio.

$175,000

2 Beds ⋅ 1 Baths

NEW PRICE! Why rent when you can own this beautifully remodeled, move-in-ready condo? This lower-level 2-bedroom unit has been refreshed throughout with new flooring, fresh paint, refinished kitchen cabinets, and new kitchen appliances--including the stove, refrigerator, and dishwasher. The functional layout features two spacious bedrooms, ample closet space, a full bathroom with shower, and a sliding patio door. One garage space is included, and low condo dues help keep monthly costs affordable. Conveniently located near Carroll University, shopping, dining, and everyday amenities. Move right in and enjoy--schedule your showing today!

410 Cheviot Chase - Unit 2, Waukesha

Listing courtesy of The Real Estate Studio.

N82W13506 Fond Du Lac Ave Unit A207, Menomonee Falls

$134,500

1 Beds ⋅ 1 Baths

Welcome to easy living in the highly sought-after Villa Vista community! This spacious 2nd-floor condo offers a bright, open-concept layout connecting the kitchen, dining, and living areas--perfect for everyday living and entertaining. Enjoy abundant cabinetry and storage, convenient in-unit laundry, and a generously sized bedroom with a large walk-in closet. Step onto your private balcony and relax while overlooking the community pool. Additional features include heated underground parking, ample guest parking, and a pet-friendly community with cats welcome. Conveniently located near freeway access, shopping, dining, schools, and everyday amenities!

N82W13506 Fond Du Lac Ave Unit A207, Menomonee Falls

Listing courtesy of Keller Williams Realty-Milwaukee Southwest.

$185,000

2 Beds ⋅ 1 Baths

Large 2 bedroom 1.5 bath condo in a small condominium building with only 4 total condos in the project. Conveniently located and close to schools and shopping, this is the affordable living that you have been searching for. Inside you will find an eat-in kitchen with stainless steel appliances, ample counters and cabinets that make cooking a breeze, a large primary/other room and a spacious second bedroom and a rec-room in the basement plus 1.5 car assigned garage space and extra parking for guests plus a nice outdoor patio to relax, grill and entertain make this place easy to live in. With a little sweat equity, this one could really shine! Upon closing, buyer to pay $500 to the association for the common area insurance for 2026-2027. This bill comes due every year in August. No Dogs.

1320 Camden Way Unit 2, Waukesha

Listing courtesy of Lannon Stone Realty LLC.

N85W15700 Ridge Rd Unit 205, Menomonee Falls

$189,900

1 Beds ⋅ 1 Baths

Welcome home to this newly updated, move-in-ready condo ideally situated near the heart of Menomonee Falls! Step inside to fresh paint, new LVP flooring, new carpet and updated light fixtures throughout. The refreshed kitchen offers a modern feel, while the surprisingly spacious bathroom features a beautiful tile walk-in shower. A bright, sun-drenched den provides the perfect flex space for an office, reading room or more. Enjoy the convenience of one underground parking space and a private storage locker, plus spend summer days cooling off at the community pool. Tucked into a peaceful setting while still close to local shops, dining, parks and everything Menomonee Falls has to offer. With stylish updates and easy condo living, all that's left to do is move in and enjoy!

N85W15700 Ridge Rd Unit 205, Menomonee Falls

Listing courtesy of Real Broker Milwaukee.

$139,900

1 Beds ⋅ 1 Baths

Welcome Home to this updated condo in the heart of Waukesha. You'll be impressed w/ the updates from the moment you step inside. Gleaming floors welcome you into the LR. The kitchen provides ample storage & counter space & includes the appliances. The oversized bedroom has double wide closets for extra storage. The bathroom is sparkling & the shower was recently updated by Bath Fitter & has a lifetime warranty. This condo unit is in a building with an elevator which is very handy for moving in. Other features include a private balcony, and the condo dues include water and heat. Additional storage unit (#24) in the LL of the building. Underground parking available (81-C). Close to shopping, freeway, & more.

237 Madison St Unit 55, Waukesha

Listing courtesy of Shorewest Realtors, Inc..

$177,000

2 Beds ⋅ 2 Baths

Well maintained condominium with two nicely sized bedrooms and two full bathrooms. Convenient 1st floor unit. Look out onto the grassy courtyard through patio doors or relax on the patio. Terrific location, near everything. Shared gym, work out room and community room. Includes one detached garage spot and one surface parking spot. Building was built as a school in 1950s and was converted to condos in 2007. Broker does not verify rooms sizes or Sq Ft Washer/Dryer 2025. Refrigerator 2025.

12765 W Hampton Ave Unit 118, Butler

Listing courtesy of Lake Country Home Realty LLC.

$175,000

3 Beds ⋅ 1 Baths

Nestled in highly desirable Pewaukee, this spacious Cape Cod offers an incredible opportunity to build instant equity! Ideally located just moments from Pewaukee Lake, the beach, parks, shopping, and Hwy 16 for an easy commute. The main level features a sunlit eat-in kitchen, two comfortable bedrooms, and an expansive great room perfect for gathering and entertaining. Upstairs, discover a versatile loft space alongside an additional bedroom complete with generous closet storage. Sold in as-is condition (see RECR), this home is brimming with possibilities. Why rent when you can affordably own in such a prime location?

716 Glacier Rd, Pewaukee

Listing courtesy of Shorewest Realtors, Inc..

$194,900

1 Beds ⋅ 1 Baths

Welcome home to this 1-bedroom, 1-bath condo in the heart of downtown Pewaukee. The home features a gas range, stainless steel appliances, granite countertops, and in-unit laundry. Two assigned parking spaces and a storage unit are included. Enjoy convenient access to nearby restaurants, shops, and downtown amenities, all within walking distance. Additional features include central air conditioning and a practical layout.

100 Main St Unit 103, Pewaukee

Listing courtesy of Redfin Corporation.

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.