
Cheap Apartments for Rent in the North Lake Mendota Neighborhood of Madison, WI from $720 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Lake Mendota area of Madison.


1617 Troy Dr

North Park Apartments

Northpointe

Brentwood Terrace

2405 Monterey Dr
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Cambridge Place

2406 Calypso Rd

2502 Brentwood Pkwy

Essex Apartment Homes
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North Lake Mendota, Madison, WI Local Guide

How much does it cost to rent an apartment in North Lake Mendota?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Lake Mendota Studio Apartments | $1,188 | $999 | $1,615 |
| North Lake Mendota 1 Bedroom Apartments | $1,374 | $1,125 | $1,865 |
| North Lake Mendota 2 Bedroom Apartments | $1,572 | $1,225 | $2,615 |
| North Lake Mendota 3 Bedroom Apartments | $1,532 | $1,349 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the North Lake Mendota Neighborhood of Madison, WI.
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North Lake Mendota, Madison, WI Local Guide
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Cheapest Available North Lake Mendota Apartments for Rent
 The cheapest available apartment rental in the North Lake Mendota area of Madison, WI is a 1 Bed unit found at Marina Park Apartments priced from $950. Cambridge Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable North Lake Mendota apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marina Park Apartments | 10 Sherman Terr | 1BR,1BA | $950 |
| Cambridge Place | 1BR | 1BR,1BA | $1,075 |
| Hooker Avenue Apartments | Studio | Studio,1BA | $1,125 |
| 2410 Calypso Rd | 2 Beds, 1 Baths | 2BR,1BA | $1,145 |
| The Oscar Senior Apartments | Income Restricted One Bedroom 50% | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in North Lake Mendota, WI
As of August 23, 2026 the best value apartment in the North Lake Mendota area is the $1.25 price per square foot 2 Bedroom Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,299. The second greatest value North Lake Mendota apartment is the 5564 River Rd Model at 5564 River Rd, Unit 3 starting at $1,350 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northern Bluffs | 2 Bedroom | 2BR,1BA | $1.25 |
| 5564 River Rd, Unit 3 | 5564 River Rd | 1BR,1BA | $1.35 |
| 2502 Fremont Ave, Unit 3 | 2502 Fremont Ave | 2BR,1BA | $1.50 |
| 1505 Steensland Dr, Unit 3 | 1505 Steensland Dr | 3BR,1BA | $1.80 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.73 |
| Cambridge Place | 1BR | 1BR,1BA | $1.34 |
| Lake Pointe | 1 Bedroom 1 bath Loft | 1BR,1BA | $1.74 |
| 2410 Calypso Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.53 |
| 1826 Schlimgen Ave, Unit 1826 | 1826 Schlimgen Ave | 1BR,1BA | $1.68 |
| Marina Park Apartments | 1 Bed 2505 Monterey | 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 LifestyleNorth Lake Mendota, Madison, WI
Ranked #73
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 Marina Park Apartments which is listed at $950, while the average apartment in North Lake Mendota costs $1,449.
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 9 regular apartments in North Lake Mendota that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
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Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

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.

The Expert's 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.
Articles, How-To's, and Tips

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.