Cheap 1 Bedroom Apartments for Rent in the Lake Edge Neighborhood of Madison, WI from $1,090 (34 Rentals)

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Riverwood Apartments
$1,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,495

Total Monthly Price
$1,125 - $1,495
1 Bedroom Apartments Available May 11

Riverwood Apartments

6417-6431 Bridge RdMadison, WI 53713
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Nexus at Union Corners
$1,370 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $3,005

Total Monthly Price
$1,370 - $3,005
1 Bedroom Apartments Available May 2

Nexus at Union Corners

2521 East Washington AveMadison, WI 53704
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
property at 2624 Union St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Apr 20

2624 Union St

MadisonWI53704

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Algoma Apartments
1 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included
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Royster Commons
1 Bedroom Apartments

Royster Commons

523 Grand Oak TrlMadison, WI 53714
  • Utilities Included
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Fusion at 841
1 Bedroom Apartments

Fusion at 841

841 Jupiter DrMadison, WI 53718
  • Utilities Included
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2012 Winnebago St
1 Bedroom Apartments

2012 Winnebago St

2012 Winnebago StMadison, WI 53704
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Colonial Apartments
$1,090 - $1,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,090 - $1,395

Total Monthly Price
$1,090 - $1,395
1 Bedroom Apartments Available Now

Colonial Apartments

5424-5430 Monona DrMonona, WI 53716
Cost Per Sq.Ft.
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  • Utilities Included
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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600 Femrite Dr
1 Bedroom Apartments

600 Femrite Dr

600 Femrite DrMonona, WI 53716
  • Utilities Included
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Glendale Gardens
1 Bedroom Apartments

Glendale Gardens

201 Tompkins DrMonona, WI 53716
  • Utilities Included

Lake Edge, Madison, WI Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lake Edge, Madison, WI

Ranked #34

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Lake Edge Apartments

What is a cheap apartment in Lake Edge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Edge is under $1,155.

What is the price of a cheap apartment in Lake Edge?

The cheapest apartment in Lake Edge is Colonial Apartments which is listed at $1,090, while the average apartment in Lake Edge costs $2,295.

What types of apartments are the cheapest in Lake Edge?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 37 regular apartments in Lake Edge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Edge?

Cheap apartments in Lake Edge have an average cost of $468 which is $1,827 cheaper than the average rent for all rentals in Lake Edge.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

Written by: Mike Heuer

I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.