Cheap Apartments for Rent in the Lakeview Hills Neighborhood of Madison, WI from $700 (10 Rentals)

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

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Tennyson Ridge
1 to 3 Bedroom Apartments

Tennyson Ridge

3834 Whitman LnMadison, WI 53704
  • Utilities Included

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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Northpointe
2 to 3 Bedroom Apartments

Northpointe

609 Vera CtMadison, WI 53704
  • Utilities Included
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2405 Monterey Dr
1 to 2 Bedroom Apartments

2405 Monterey Dr

2405 Monterey DrMadison, WI 53704
  • Utilities Included
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Port Vista
Studio to 1 Bedroom Apartments

Port Vista

3602-3702 Packers AveMadison, WI 53704
  • Utilities Included
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Essex Apartment Homes
1 to 2 Bedroom Apartments

Essex Apartment Homes

5469-5471 Westshire CirWaunakee, WI 53597
Senior Living
  • Utilities Included

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.

Lakeview Hills, Madison, WI Local Guide

Cheapest Available Lakeview Hills Apartments for Rent

 

The cheapest available apartment rental in the Lakeview Hills area of Madison, WI is a Studio unit found at Hooker Avenue Apartments priced from $975. The Oscar Family Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,130. Here are the most affordable Lakeview Hills apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hooker Avenue ApartmentsStudioStudio,1BA$975
The Oscar Family ApartmentsIncome Restricted - One Bedroom 60%1BR,1BA$1,130
Londonderry LoftsSunken Living Room Loft1BR,1BA$1,150

Best Value Apartments for Rent in Lakeview Hills, WI

As of October 24, 2025 the best value apartment in the Lakeview Hills area is the $1.25 price per square foot 5564 River Rd Model at 5564 River Rd, Unit 4 in the in the Berkeley Oaks neighborhood starting from $1,500. The second greatest value Lakeview Hills apartment is the Amber Model at Northern Bluffs starting at $1,269 with a $1.22 price per square foot in the Berkeley Oaks neighborhood. Here is today’s list of the best values for Lakeview Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5564 River Rd, Unit 45564 River Rd2BR,1BA$1.25
Northern BluffsAmber2BR,1BA$1.22
The Oscar Senior ApartmentsIncome Restricted Two Bedroom 50%2BR,2BA$1.45
PMM + MS17 Sherman Terr1BR,1BA$1.82
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.70
402 Luster Ave, Unit Apt. #2402 Luster Ave1BR,1BA$1.25
Lake Pointe Apartments1 Bedroom 1 bath Loft1BR,1BA$1.69
Londonderry LoftsSunken Living Room Loft1BR,1BA$1.64
The Oscar Family ApartmentsIncome Restricted - One Bedroom 50%1BR,1BA$1.74
Hooker Avenue ApartmentsStudioStudio ,1BA$1.63

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Pet Friendly Lifestyle
Lakeview Hills, Madison, WI

Ranked #70

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Lakeview Hills Neighborhood in Madison, WI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lakeview Hills Apartments

What is the price of a cheap apartment in Lakeview Hills?

The cheapest apartment in Lakeview Hills is The Oscar Family Apartments which is listed at $1,130, while the average apartment in Lakeview Hills costs $1,450.

What types of apartments are the cheapest in Lakeview Hills?

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 9 regular apartments in Lakeview Hills 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 Lakeview Hills?

Cheap apartments in Lakeview Hills have an average cost of $412 which is $1,038 cheaper than the average rent for all rentals in Lakeview Hills.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.