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240 West Lakelawn Place offers a strong mix of value, convenience, and comfort, with an overall expert rating of 8/10, excellent price and trust ratings, and a 9/10 for both amenities and location. It features generous closet and storage space, a large walk-in closet, pet-friendly living, a common area kitchen, and pristine wood floors, while also standing out for its 17 photos and high value-for-money ranking. Great for social life and work-from-home needs, with many nearby restaurants, parks, event hubs, theaters, internet options, coworking spots, and office supply access.
Things you’ll love
Images AvailableGreat for
Work-from-home
Social life
Pet owners| 240 West Lakelawn Place - 7 | Studio | 1 bath | $1,075 /mo | Welcome to 240 W. Lakelawn Place - Unit 7, a spacious studio layout with one bathroom, accompanied by an array of sought-after amenities - pristine wood floors, generous closet space, and ample storage space thoughtfully provided to cater to your needs. Located in close proximity to Lake Mendota, Memorial Union, and UW-Campus, this apartment offers the perfect blend of comfort and convenience for residents looking for close proximity to UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. PLEASE NOTE: UNITS 3-8 SHARE A COMMON AREA KITCHEN BUT HAVE A CONVECTION OVEN AND MINI FRIDGE IN UNIT. | |||
| 240 West Lakelawn Place - 5 | Studio | 1 bath | 245 sqft | $1,095 /mo | Welcome to 240 W. Lakelawn Place - Unit 5, a spacious studio layout, accompanied by an array of sought-after amenities - pristine wood floors, generous closet space, and ample storage space thoughtfully provided to cater to your needs. Located in close proximity to Lake Mendota, Memorial Union, and UW-Campus, this apartment offers the perfect blend of comfort and convenience for residents looking for close proximity to UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. PLEASE NOTE: UNITS 3-8 SHARE A COMMON AREA KITCHEN BUT HAVE A CONVECTION OVEN AND MINI FRIDGE IN UNIT. | ||
| 240 West Lakelawn Place - 4 | 1 bed | 1 bath | 400 sqft | $1,095 /mo | Welcome to 240 W. Lakelawn Place - Unit 4, a spacious one bed and one bath layout, accompanied by an array of sought-after amenities - pristine wood floors, generous closet space, and ample storage space thoughtfully provided to cater to your needs. Located in close proximity to Lake Mendota, Memorial Union, and UW-Campus, this apartment offers the perfect blend of comfort and convenience for residents looking for close proximity to UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. PLEASE NOTE: UNITS 3-8 SHARE A COMMON AREA KITCHEN BUT HAVE A CONVECTION OVEN AND MINI FRIDGE IN UNIT. | ||
| 240 West Lakelawn Place - 6 | 1 bed | 1 bath | $1,095 /mo | Welcome to 240 W. Lakelawn Place - Unit 6, a spacious one bed one bath layout, accompanied by an array of sought-after amenities - pristine wood floors, generous closet space, and ample storage space thoughtfully provided to cater to your needs. Located in close proximity to Lake Mendota, Memorial Union, and UW-Campus, this apartment offers the perfect blend of comfort and convenience for residents looking for close proximity to UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. PLEASE NOTE: UNITS 3-8 SHARE A COMMON AREA KITCHEN BUT HAVE A CONVECTION OVEN AND MINI FRIDGE IN UNIT. SEPARATE KITCHEN AND SEPARATE PRIVATE BATHROOM. | |||
| 240 West Lakelawn Place - 2 | 1 bed | 1 bath | 750 sqft | $1,395 /mo | 240 W. Lakelawn Place - Unit 2 offers an extremely spacious one bedroom and one bathroom layout, while providing all of the extra amenities that one would want. Enjoy pristine wood floors, large walk in closet, and a gallery kitchen while living steps from Lake Mendota, Memorial Union, and the rest of UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. | ||
| 240 West Lakelawn Place - 1 | 1 bed | 1 bath | 700 sqft | $1,395 /mo | 240 W. Lakelawn Place - Unit 1 offers an extremely spacious one bedroom and one bathroom layout, while providing all of the extra amenities that one would want. Enjoy pristine wood floors, large walk in closet, and a gallery kitchen while living steps from Lake Mendota, Memorial Union, and the rest of UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. |
Let's explore this property.
Tech
| High-Speed Internet |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Lake Access | Storage |
Services
| Availability 24 Hours |
One-time.
One-time.
1 cat max.
1 dog max.
Questions about this property’s policies and fees?
| Units | 6 |
|---|
Welcome to 240 W. Lakelawn Place - Unit 6, a spacious one bed one bath layout, accompanied by an array of sought-after amenities - pristine wood floors, generous closet space, and ample storage space thoughtfully provided to cater to your needs. Located in close proximity to Lake Mendota, Memorial Union, and UW-Campus, this apartment offers the perfect blend of comfort and convenience for residents looking for close proximity to UW-Campus. Moreover, this unit is pet-friendly, welcoming your beloved companions to this inviting space. PLEASE NOTE: UNITS 3-8 SHARE A COMMON AREA KITCHEN BUT HAVE A CONVECTION OVEN AND MINI FRIDGE IN UNIT. SEPARATE KITCHEN AND SEPARATE PRIVATE BATHROOM.
How 240 West Lakelawn Place compares to other nearby properties.
Positives
Studio apartments at 240 West Lakelawn Place cost about 6% less than the average rent price for studios in Madison.
1-bedroom apartments here are priced 17% lower than 1-bedrooms in Madison.
| Month | Median Rent |
|---|---|
| September 2024 | $1,200 |
| October 2024 | $1,177 |
| November 2024 | $1,205 |
| December 2024 | $1,250 |
| January 2025 | $1,248 |
| February 2025 | $1,311 |
| March 2025 | $1,304 |
| April 2025 | $1,343 |
| May 2025 | $1,334 |
| June 2025 | $1,361 |
| July 2025 | $1,391 |
| August 2025 | $1,281 |
| September 2025 | $1,140 |
| October 2025 | $1,165 |
| November 2025 | $1,195 |
| December 2025 | $1,195 |
| January 2026 | $1,217 |
| February 2026 | $1,257 |
| March 2026 | $1,267 |
| April 2026 | $1,276 |
| May 2026 | $1,213 |
| June 2026 | $1,258 |
| July 2026 | $1,297 |
| August 2026 | $1,308 |
| September 2026 | $1,154 |
Can I afford to live at 240 W Lakelawn Pl?
Bedrooms
Rent-to-income ratio
30%
$43,400/yr
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Tenney-Lapham • 719 E Johnson St
Studio–3 Beds
$1,650–$2,995
Marquette • 10 S Paterson St
Studio–3 Beds
$1,632–$4,400
6822 Schroeder Rd
Studio–2 Beds
$1,015–$1,625
