Cheap Apartments for Rent in the Lake Edge Neighborhood of Madison, WI from $675 (98 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

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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2078 Atwood Ave
$899 - $950

Total Monthly Price

Base Rent$899 - $950
Total Monthly Price$899 - $950
Studio Apartment Available Now

2078 Atwood Ave

2078 Atwood AveMadison, WI 53704
Affordability

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

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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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Nexus at Union Corners
$1,324 - $3,005

Total Monthly Price

Base Rent$1,324 - $3,005
Total Monthly Price$1,324 - $3,005
Studio to 3 Bedroom Apartments Available Now

Nexus at Union Corners

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

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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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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2337 E Johnson St, Unit 1
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
1 Bedroom Apartment Available Oct 1

2337 E Johnson St, Unit 1

2337 E Johnson StMadison, WI 53704
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The Fitzgerald
$1,530 - $2,875

Total Monthly Price

Base Rent$1,530 - $2,875
Total Monthly Price$1,530 - $2,875
1 to 2 Bedroom Apartments Available Now

The Fitzgerald

3914 Monona DrMadison, WI 53716
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Garver Point
Rent Specials
$1,575 - $2,565

Total Monthly Price

Base Rent$1,575 - $2,565
Total Monthly Price$1,575 - $2,565
1 to 2 Bedroom Apartments Available Now

Garver Point

171 S Fair OaksMadison, WI 53704
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property at 2549 Upham St
$1,650

Total Monthly Price

Base Rent$1,650
Total Monthly Price$1,650
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2549 Upham St

MadisonWI53704
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Kennedy Place
$1,750 - $2,300

Total Monthly Price

Base Rent$1,750 - $2,300
Total Monthly Price$1,750 - $2,300
1 to 2 Bedroom Apartments Available Now

Kennedy Place

2045 Atwood AveMadison, WI 53704
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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 Studio unit found at Colonial Apartments priced from $990. The Life at Madison Grove has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable Lake Edge apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Colonial ApartmentsStudioStudio, 1BA$990
The Life at Madison Grove2 BED 1 BATH2BR, 1BA$1,000
Williamstown Bay EastWilliamstown Bay East - 1031BR, 1BA$1,055
Glendale GardensOne Bedroom1BR, 1BA$1,095
5800 Bjelde Ln101BR, 1BA$1,100
Lake Point TerraceOne Bed One Bath 700 sqft1BR, 1BA$1,109
Pirate Island Apartments600- 1br1BR, 1BA$1,120
Riverwood Apartments1 bedroom 1 bath1BR, 1BA$1,125
The Grove ApartmentsIncome Restricted - One-Bed - 50%1BR, 1BA$1,133

Best Value Apartments for Rent in Lake Edge, WI

As of September 17, 2026 the best value apartment in the Lake Edge area is the $1.46 price per square foot 4b/2b-r Model at The Meadows Apartments in the East Side neighborhood starting from $2,135. The second greatest value Lake Edge apartment is the 3x2.5TH Model at Broadway Lofts and Townhomes in the Pflaum Road neighborhood starting at $1,577 with a $1.13 price per square foot. 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.
The Meadows Apartments4b/2b-r4BR, 2BA$1.46
Broadway Lofts and Townhomes3x2.5TH3BR, 2.5BA$1.13
The RoyalE Floor Plan (80LMI Income Restricted)2BR, 2BA$1.35
Sunset TerraceE2BR, 2BA$1.46
Stonewood Villagesv2brlow2BR, 1BA$1.38
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR, 1BA$1.47
5800 Bjelde Ln101BR, 1BA$1.22
Pirate Island ApartmentsWaterside 1br1BR, 1BA$1.40
The Life at Madison Grove2 BED 1 BATH2BR, 1BA$1.18
Glendale GardensOne Bedroom1BR, 1BA$1.37

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 #36

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 $1,133.

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

The cheapest apartment in Lake Edge is Williamstown Bay East which is listed at $1,055, while the average apartment in Lake Edge costs $1,567.

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 43 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 $407 which is $1,160 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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