Cheap Apartments for Rent in the North Lake Mendota Neighborhood of Madison, WI from $700 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Lake Mendota area of Madison.

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2406 Calypso Rd
2 Bedroom Apartments

2406 Calypso Rd

2406 Calypso RdMadison, WI 53704
  • Utilities Included
Showing Results 1-13, Page 1 of 1

North Lake Mendota, Madison, WI Local Guide

Cheapest Available North Lake Mendota Apartments for Rent

 

The cheapest available apartment rental in the North Lake Mendota area of Madison, WI is a Studio unit found at Hooker Avenue Apartments priced from $1,075. PMM has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable North Lake Mendota apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hooker Avenue ApartmentsStudioStudio,1BA$1,075
PMM1 Bedroom 1 Bath-The Charley1BR,1BA$1,150
The Oscar Senior ApartmentsIncome Restricted One Bedroom 50%1BR,1BA$1,165
Northern BluffsSandstone3BR,1BA$1,209
PMM + MS2 Bedroom2BR,1BA$1,450

Best Value Apartments for Rent in North Lake Mendota, WI

As of August 03, 2025 the best value apartment in the North Lake Mendota area is the $2.30 price per square foot The Monona Model at The Gordon in the in the Carpenter-Ridgeway neighborhood starting from $2,900. The second greatest value North Lake Mendota apartment is the Sandstone Model at Northern Bluffs starting at $1,209 with a $1.06 price per square foot in the Berkeley Oaks neighborhood. Here is today’s list of the best values for North Lake Mendota apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The GordonThe Monona2BR,2BA$2.30
Northern BluffsSandstone3BR,1BA$1.06
PMM + MS2 Bedroom2BR,1BA$1.45
3733 E Karstens Dr, Unit 3721 #13733 E Karstens Dr2BR,1BA$1.47
PMM1401 Trailsway2BR,1BA$2.15
The Oscar Senior ApartmentsIncome Restricted One Bedroom 50%1BR,1BA$1.74
Hooker Avenue ApartmentsStudioStudio ,1BA$1.79

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Pet Friendly Lifestyle
North Lake Mendota, Madison, WI

Ranked #74

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the North Lake Mendota Neighborhood in Madison, WI

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

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 North Lake Mendota Apartments

What is the price of a cheap apartment in North Lake Mendota?

The cheapest apartment in North Lake Mendota is PMM which is listed at $1,150, while the average apartment in North Lake Mendota costs $1,450.

What types of apartments are the cheapest in North Lake Mendota?

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 5 regular apartments in North Lake Mendota 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 North Lake Mendota?

Cheap apartments in North Lake Mendota have an average cost of $271 which is $1,179 cheaper than the average rent for all rentals in North Lake Mendota.

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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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.

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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.

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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.