Cheap Apartments for Rent in the Lakeview Hills Neighborhood of Madison, WI from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeview Hills area of Madison.

Hooker Avenue Apartments

Ridgeview Heights Apartments
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Pine Ridge Apartments No Vacancies
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Lakeview Hills, Madison, WI Local Guide

How much does it cost to rent an apartment in Lakeview Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeview Hills Studio Apartments | $987 | $975 | $1,000 |
| Lakeview Hills 1 Bedroom Apartments | $1,235 | $900 | $1,550 |
| Lakeview Hills 2 Bedroom Apartments | $1,421 | $1,150 | $1,895 |
| Lakeview Hills 3 Bedroom Apartments | $1,269 | $1,219 | $1,363 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Lakeview Hills Neighborhood of Madison, WI.
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Lakeview Hills, Madison, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hooker Avenue Apartments | Studio | Studio,1BA | $975 |
| The Oscar Family Apartments | Income Restricted - One Bedroom 60% | 1BR,1BA | $1,130 |
| Londonderry Lofts | Sunken Living Room Loft | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5564 River Rd, Unit 4 | 5564 River Rd | 2BR,1BA | $1.25 |
| Northern Bluffs | Amber | 2BR,1BA | $1.22 |
| The Oscar Senior Apartments | Income Restricted Two Bedroom 50% | 2BR,2BA | $1.45 |
| PMM + MS | 17 Sherman Terr | 1BR,1BA | $1.82 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.70 |
| 402 Luster Ave, Unit Apt. #2 | 402 Luster Ave | 1BR,1BA | $1.25 |
| Lake Pointe Apartments | 1 Bedroom 1 bath Loft | 1BR,1BA | $1.69 |
| Londonderry Lofts | Sunken Living Room Loft | 1BR,1BA | $1.64 |
| The Oscar Family Apartments | Income Restricted - One Bedroom 50% | 1BR,1BA | $1.74 |
| Hooker Avenue Apartments | Studio | Studio ,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.
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.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLakeview Hills, Madison, WI
Ranked #70
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.






