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Cheap Apartments for Rent in the Lake Edge Neighborhood of Madison, WI from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Edge area of Madison.
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Rent Specials
$1,058 - $1,624Studio to 2 Bedroom Apartments Available Now
Lake Point Terrace
1674 Lake Point DrMadison, WI 53713
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Rent Specials
$1,100 - $1,9451 to 3 Bedroom Apartments Available Now
Glendale Townhomes
2520 S Stoughton RdMadison, WI 53716
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$1,100 - $1,5001 to 3 Bedroom Apartments Contact Us For Availability
The Ace Apartments
4602 Cottage Grove RdMadison, WI 53714
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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Rent Specials
$1,115 - $1,4551 to 2 Bedroom Apartments Available Now
The Meadows
401 N Thompson DrMadison, WI 53714
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$1,133 - $2,2601 to 3 Bedroom Apartments Available Now
The Grove Apartments
202-206 Cottage Grove RdMadison, WI 53716
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2726 Union St
MadisonWI53704
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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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$784 - $2,4751 to 3 Bedroom Apartments Available Now
Broadway-Monona, LLC
1216 E BroadwayMonona, WI 53713
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$1,020 - $1,450Studio to 2 Bedroom Apartments Available Now
Pirate Island Apartments
706 Pirate Island RdMonona, WI 53716
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$1,045 - $1,0751 Bedroom Apartments Available Now
Executive East Apartments
101 Femrite DrMonona, WI 53716
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$1,120 - $1,1851 Bedroom Apartments Available Now
Colonial Apartments
5424-5430 Monona DrMonona, WI 53716
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$1,150 - $1,995Studio to 2 Bedroom Apartments Available Now
Monona Lakeview
3819 Monona DrMonona, WI 53714
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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Showing Results 1-22, Page 1 of 1
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 | $1,371 | $895 | $1,705 |
| Lake Edge 1 Bedroom Apartments | $1,577 | $1,045 | $2,340 |
| Lake Edge 2 Bedroom Apartments | $1,897 | $784 | $3,450 |
| Lake Edge 3 Bedroom Apartments | $2,358 | $1,470 | $3,560 |
| Lake Edge 4 Bedroom Apartments | $2,295 | $2,295 | $2,295 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Lake Edge Neighborhood of Madison, WI.
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Lake Edge, Madison, WI Local Guide
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Cheapest Available Lake Edge Apartments for Rent
The cheapest available apartment rental in the Lake Edge area of Madison, WI is a 2 Beds unit found at The Life at Madison Grove priced from $1,000. Pirate Island Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here are the most affordable Lake Edge apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Life at Madison Grove | 2 BED 1 BATH | 2BR,1BA | $1,000 |
| Pirate Island Apartments | Studio | Studio,1BA | $1,020 |
| Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1,045 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1,120 |
| The Meadows | 1b/1b | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Lake Edge, WI
As of September 16, 2025 the best value apartment in the Lake Edge area is the $0.96 price per square foot 9 Obrien Ct Model at 9 Obrien Ct, Unit 09 O’Brien in the in the East Side neighborhood starting from $2,295. The second greatest value Lake Edge apartment is the 2B/1.5bath Model at Glendale Townhomes starting at $1,785 with a $1.19 price per square foot in the Pflaum Road neighborhood. Here is today’s list of the best values for Lake Edge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9 Obrien Ct, Unit 09 O’Brien | 9 Obrien Ct | 4BR,1.5BA | $0.96 |
| Glendale Townhomes | 2B/1.5bath | 2BR,2BA | $1.19 |
| Broadway-Monona, LLC | 3x2.5TH | 3BR,2.5BA | $1.06 |
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| 10-63 Sinykin Cir | Thompson 2nd Floor | 2BR,2BA | $1.40 |
| Apartments of Riverwood, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.44 |
| Cardinal Place | 2x1-cp | 2BR,1BA | $1.46 |
| Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.16 |
| Dutch Mill Homes | 3 Bedroom | 3BR,2BA | $1.39 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1.40 |
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Pet Friendly LifestyleLake Edge, Madison, WI
Ranked #40
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
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 $1,287.
What is the price of a cheap apartment in Lake Edge?
The cheapest apartment in Lake Edge is Executive East Apartments which is listed at $1,045, 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 19 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 $293 which is $2,002 cheaper than the average rent for all rentals in Lake Edge.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.