
Cheap 2 Bedroom Apartments for Rent in the Lake Edge Neighborhood of Madison, WI from $1,099 (26 Rentals)


Lake Point Drive Apartments

Total Monthly Price
Carbon at Union Corners

The Meadows Apartments

Total Monthly Price
Riverwood Apartments

The Royal
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.

The Grove Apartments

Lake Point Terrace

Total Monthly Price
2566 Hoard St, Unit Downstairs apartment

The Ace Apartments

Harmony at Grandview Commons

Stonewood Village
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Monona Shores Apartments

Total Monthly Price
209 Kedzie St, Unit Apartment #2

Total Monthly Price
21 Farwell St, Unit 1

Total Monthly Price
2009 Carey Ct, Unit 2

1723 Blossom Ln

Algoma Apartments
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.

The Life at Madison Grove

Generations at Union Corners

Total Monthly Price
Pirate Island Apartments

4409 Monona Dr

4915 Gordon Ave

Cardinal Place Apts. Call the office now for more information!
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.

Heritage Monona Senior Apartments

612 Femrite Dr
Lake Edge, Madison, WI Local Guide

How much does it cost to rent an apartment in Lake Edge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Edge Studio Apartments | $1,402 | $990 | $1,695 |
| Lake Edge 1 Bedroom Apartments | $1,620 | $1,090 | $3,285 |
Lake Edge 2 Bedroom Apartments | $1,845 | $1,099 | $3,640 |
| Lake Edge 3 Bedroom Apartments | $2,438 | $1,470 | $4,500 |
| Lake Edge 4 Bedroom Apartments | $2,295 | $2,295 | $2,295 |
Explore Madison
Lake Edge, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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.
Read ArticleDon'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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleLake Edge, Madison, WI
Ranked #35
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Edge, Madison, WI
School data provided by Great Schools
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 $1,195.
What is the price of a cheap apartment in Lake Edge?
The cheapest apartment in Lake Edge is The Life at Madison Grove which is listed at $1,000, 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 26 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 $380 which is $1,915 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.
Helpful Local Expert Guides

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.

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
Written by: Mike Heuer
Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.