Cheap Homes for Rent in Lakeview Hills Neighborhood of Madison, WI from $1,900 (5 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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 1 Bed unit found at Elka Lane Apartments priced from $1,100. Tennyson Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Lakeview Hills apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Elka Lane Apartments1BR/1BA1BR,1BA$1,100
Tennyson Heights Apartments1x1-6301BR,1BA$1,125
The Oscar Family ApartmentsIncome Restricted - One Bedroom 50%1BR,1BA$1,131

Best Value Apartments for Rent in Lakeview Hills, WI

As of May 31, 2026 the best value apartment in the Lakeview Hills area is the $1.74 price per square foot Two Bedroom Model at The Oscar Family Apartments in the in the Eastmorland neighborhood starting from $1,675. The second greatest value Lakeview Hills apartment is the 2 bedroom Model at 1310 Hooker Ave starting at $1,450 with a $1.53 price per square foot in the Carpenter-Ridgeway 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.
The Oscar Family ApartmentsTwo Bedroom2BR,2BA$1.74
1310 Hooker Ave2 bedroom2BR,1BA$1.53
Ridgeview Heights2 Bedroom 1 Bath - Renovated2BR,1BA$1.58
2414 Brentwood Pky, Unit #A2414 Brentwood Pky2BR,1BA$1.28
3737 E Karstens Dr, Unit #43737 E Karstens Dr2BR,1BA$1.59
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.73
The View at Huxley YardsOne Bedroom 70% AMI1BR,1BA$2.16
Elka Lane Apartments1BR/1BA1BR,1BA$1.64
The Oscar Senior ApartmentsIncome Restricted One Bedroom 60%1BR,1BA$1.98
Tennyson Heights Apartments1x1-6301BR,1BA$1.79

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.

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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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Real 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.

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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.

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Pet Friendly Lifestyle
Lakeview Hills, Madison, WI

Ranked #63

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lakeview Hills

What type of rentals are currently available in Lakeview Hills?

There are currently 75 Apartments for Rent in Lakeview Hills, WI with pricing that ranges from $975 to $2,490. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview Hills ranging from $1,950 to $2,500.

What is the current price range for Rental Homes in Lakeview Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeview Hills ranges from $1,950 to $2,500 with an average monthly rent of $2,283.

How much are larger Three and Four Bedroom Rentals in Lakeview Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeview Hills range from $1,425 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,737.

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

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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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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.

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An Insiders 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.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.