
Cheap Homes for Rent in Lakeview Hills Neighborhood of Madison, WI from $1,900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeview Hills area of Madison.


447 Warbler Ln
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.

225 Cardinal Ln

337 Bunting Ln
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.

241 Bunting Ln
Lakeview Hills, Madison, WI Local Guide

How much does it cost to rent a home in Lakeview Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeview Hills 3 Bedroom Homes for Rent | $2,067 | $1,950 | $2,295 |
| Lakeview Hills 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1,100 |
| Tennyson Heights Apartments | 1x1-630 | 1BR,1BA | $1,125 |
| The Oscar Family Apartments | Income 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Oscar Family Apartments | Two Bedroom | 2BR,2BA | $1.74 |
| 1310 Hooker Ave | 2 bedroom | 2BR,1BA | $1.53 |
| Ridgeview Heights | 2 Bedroom 1 Bath - Renovated | 2BR,1BA | $1.58 |
| 2414 Brentwood Pky, Unit #A | 2414 Brentwood Pky | 2BR,1BA | $1.28 |
| 3737 E Karstens Dr, Unit #4 | 3737 E Karstens Dr | 2BR,1BA | $1.59 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.73 |
| The View at Huxley Yards | One Bedroom 70% AMI | 1BR,1BA | $2.16 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
| The Oscar Senior Apartments | Income Restricted One Bedroom 60% | 1BR,1BA | $1.98 |
| Tennyson Heights Apartments | 1x1-630 | 1BR,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.
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 LifestyleLakeview Hills, Madison, WI
Ranked #63
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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

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.

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.

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

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.

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.

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.

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.