Cheap Apartments for Rent in the Lake Edge Neighborhood of Madison, WI from $600 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Edge area of Madison.

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Carbon
$771 - $1,943
Total Monthly Price

Total Monthly Price

Base Rent
$771 - $1,943
Total Monthly Price
$771 - $1,943
1 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income
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269 Waubesa St
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
1 Bedroom Apartment Available Now

269 Waubesa St

269 Waubesa StMadison, WI 53704
Cost Per Sq.Ft.

Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

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Nexus at Union Corners
$1,324 - $3,285
Total Monthly Price

Total Monthly Price

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$1,324 - $3,285
Total Monthly Price
$1,324 - $3,285
Studio to 3 Bedroom Apartments Available Now

Nexus at Union Corners

2521 East Washington AveMadison, WI 53704
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Algoma Apartments
Studio to 2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Eastpointe
1 to 3 Bedroom Apartments

Eastpointe

309 Clyde Gallagher AveMadison, WI 53714
  • Utilities Included
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Fair Oaks Apartments
Studio Apartments

Fair Oaks Apartments

3324 Milwaukee StMadison, WI 53714
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The Andre Apartments
1 to 3 Bedroom Apartments

The Andre Apartments

2350 Winnebago StMadison, WI 53704
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206 North St
1 Bedroom Apartments

206 North St

206 North StMadison, WI 53704
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Williamstown Bay East
1 to 2 Bedroom Apartments

Williamstown Bay East

913 Acewood BlvdMadison, WI 53714
Senior Living
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Dutch Mill Homes
1 to 3 Bedroom Apartments

Dutch Mill Homes

4702 Dutch Mill RdMadison, WI 53716

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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2012 Winnebago St
Studio to 2 Bedroom Apartments

2012 Winnebago St

2012 Winnebago StMadison, WI 53704
  • Utilities Included
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Pirate Island Apartments
$1,120 - $1,675
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Total Monthly Price

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$1,120 - $1,675
Total Monthly Price
$1,120 - $1,675
1 to 2 Bedroom Apartments Available Now

Pirate Island Apartments

706 Pirate Island RdMonona, WI 53716
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  • Verified
  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lake Edge, Madison, WI Local Guide

Cheapest Available Lake Edge Apartments for Rent

 

The cheapest available apartment rental in the Lake Edge area of Madison, WI is a 1 Bed unit found at 3401 Dawes St priced from $860. Colonial Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable Lake Edge apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
3401 Dawes St1bed1bath1BR,1BA$860
Colonial ApartmentsStudioStudio,1BA$990
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1,000
5800 Bjelde Ln101BR,1BA$1,100
Pirate Island Apartments600- 1br1BR,1BA$1,120
Lake Point TerraceOne Bed One Bath 700 sqft1BR,1BA$1,136
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1,145
Williamstown Bay EastWilliamstown Bay East - 1022BR,1BA$1,145
Monona LakeviewImperial StudioStudio,1BA$1,150

Best Value Apartments for Rent in Lake Edge, WI

As of August 02, 2026 the best value apartment in the Lake Edge area is the $1.13 price per square foot 3x2.5TH Model at Broadway Lofts and Townhomes in the in the Pflaum Road neighborhood starting from $1,577. The second greatest value Lake Edge apartment is the sv2brlow Model at Stonewood Village starting at $1,477 with a $1.48 price per square foot in the Eastmorland neighborhood. Here is today’s list of the best values for Lake Edge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Lofts and Townhomes3x2.5TH3BR,2.5BA$1.13
Stonewood Villagesv2brlow2BR,1BA$1.48
Lion's Gate at Grandview#118-2181BR,1BA$1.41
3401 Dawes St2bed1bath2BR,1BA$1.23
5800 Bjelde Ln101BR,1BA$1.22
Williamstown Bay EastWilliamstown Bay East - 1022BR,1BA$1.30
Pirate Island ApartmentsWaterside 1br1BR,1BA$1.40
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18
Glendale GardensOne Bedroom1BR,1BA$1.43
269 Waubesa St269 Waubesa St1BR,1BA$1.29

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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Real 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.

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Pet Friendly Lifestyle
Lake Edge, Madison, WI

Ranked #37

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake Edge, Madison, WI

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals in cities across the United States, including Madison. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. These search options are in the site filters at the top of this page.

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 $1,150.

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

The cheapest apartment in Lake Edge is 3401 Dawes St which is listed at $860, while the average apartment in Lake Edge costs $1,600.

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 41 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 $388 which is $1,212 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.

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