
Cheap Homes for Rent in the Lake Edge Neighborhood of Madison, WI from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Edge area of Madison.

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2015 E Washington Ave
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2507 E Johnson St
Lake Edge, Madison, WI Local Guide

How much does it cost to rent a home in Lake Edge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Edge 2 Bedroom Homes for Rent | $1,960 | $1,275 | $2,600 |
| Lake Edge 3 Bedroom Homes for Rent | $2,866 | $2,400 | $3,500 |
| Lake Edge 4 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Lake Edge, WI
As of July 31, 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 A Floor Plan (60LMI Income Restricted) Model at The Royal starting at $1,500 with a $1.38 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. |
|---|---|---|---|
| Broadway Lofts and Townhomes | 3x2.5TH | 3BR,2.5BA | $1.13 |
| The Royal | A Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.38 |
| Stonewood Village | sv2brlow | 2BR,1BA | $1.48 |
| 3401 Dawes St | 2bed1bath | 2BR,1BA | $1.23 |
| 5800 Bjelde Ln | 10 | 1BR,1BA | $1.22 |
| Williamstown Bay East | Williamstown Bay East - 102 | 2BR,1BA | $1.30 |
| The Meadows Apartments | 2br/1b | 2BR,1BA | $1.49 |
| Pirate Island Apartments | Waterside 1br | 1BR,1BA | $1.40 |
| The Life at Madison Grove | 2 BED 1 BATH | 2BR,1BA | $1.18 |
| 269 Waubesa St | 269 Waubesa St | 1BR,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.
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 #37
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 Lake Edge
What type of rentals are currently available in Lake Edge?
There are currently 151 Apartments for Rent in Lake Edge, WI with pricing that ranges from $771 to $4,500. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Edge ranging from $1,050 to $3,500.
What is the current price range for Rental Homes in Lake Edge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Edge ranges from $1,050 to $3,500 with an average monthly rent of $2,158.
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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's 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.

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.

The Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.