Cheap Homes for Rent in Lake Edge Neighborhood of Madison, WI from $1,200 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 107 Rethke Ave

107 Rethke Ave

MadisonWI53714

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.

property at 4807 Camden Rd

4807 Camden Rd

MadisonWI53716

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.

Lake Edge, Madison, WI Local Guide

Best Value Apartments for Rent in Lake Edge, WI

As of August 06, 2025 the best value apartment in the Lake Edge area is the $1.20 price per square foot 2B/2Bath Model at Glendale Townhomes in the in the Pflaum Road neighborhood starting from $1,795. The second greatest value Lake Edge apartment is the 3x2 Income restricted Model at Carbon at Union Corners starting at $1,811 with a $1.41 price per square foot in the Near East Side 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.
Glendale Townhomes2B/2Bath2BR,2BA$1.20
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Hercules TrailK11BR,1BA$1.50
Cardinal Place2x1-cp2BR,1BA$1.59
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Dutch Mill Homes3 Bedroom3BR,2BA$1.39
Monona Shores Apartments2BR/1BA2BR,1BA$1.46
Mardelle Apartments1 Bdrm.1BR,1BA$1.29
Colonial Apartments1 Br1BR,1BA$1.37
432 Oak St, Unit 4432 Oak St1BR,1BA$1.47

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lake Edge

What type of rentals are currently available in Lake Edge?

There are currently 146 Apartments for Rent in Lake Edge, WI with pricing that ranges from $656 to $3,595. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Edge ranging from $1,200 to $3,150.

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 $1,200 to $3,150 with an average monthly rent of $2,013.

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.