Cheap Apartments for Rent in the Carpenter-Ridgeway Neighborhood of Madison, WI from $675 (146 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Carpenter-Ridgeway area of Madison.

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Carbon
$771 - $1,943

Total Monthly Price

Base Rent$771 - $1,943

Total Monthly Price$771 - $1,943
1 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
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  • Utilities Included
  • Low Income
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2078 Atwood Ave
$899 - $950

Total Monthly Price

Base Rent$899 - $950

Total Monthly Price$899 - $950
Studio Apartment Available Now

2078 Atwood Ave

2078 Atwood AveMadison, WI 53704
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Freedom Park Apartments
Rent Specials
$925 - $1,350

Total Monthly Price

Base Rent$925 - $1,350

Total Monthly Price$925 - $1,350
1 to 2 Bedroom Apartments Available Now

Freedom Park Apartments

3802 Lien RdMadison, WI 53704
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property at 1617 Troy Dr
$999 - $1,175
Studio To 1 Bedroom Rentals
Available Now
Affordability

1617 Troy Dr

MadisonWI53704

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View Pointe
$1,095 - $1,495

Total Monthly Price

Base Rent$1,095 - $1,495

Total Monthly Price$1,095 - $1,495
1 to 2 Bedroom Apartments Available Oct 7

View Pointe

2301 Columbus LnMadison, WI 53704
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property at 714 N Oak St
$950 - $1,100
1 Bedroom Rentals
Available Now
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714 N Oak St

MadisonWI53704
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Prentice Park
$1,145 - $2,074

Total Monthly Price

Base Rent$1,145 - $2,074

Total Monthly Price$1,145 - $2,074
1 to 3 Bedroom Apartments Available Now

Prentice Park

803 N Thompson DrMadison, WI 53704
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Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Elka Lane Apartments
Rent Specials
$1,200 - $1,350

Total Monthly Price

Base Rent$1,200 - $1,350

Total Monthly Price$1,200 - $1,350
1 to 2 Bedroom Apartments Available Now

Elka Lane Apartments

2002-2022 Elka LnMadison, WI 53704
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property at 3541 Graceland Ave
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3541 Graceland Ave, Unit A

3541 Graceland Ave
MadisonWI53704
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1237 E Johnson St, Unit 1237
$1,220

Total Monthly Price

Base Rent$1,220

Total Monthly Price$1,220
1 Bedroom Apartment Available Now

1237 E Johnson St, Unit 1237

1237 E Johnson StMadison, WI 53703
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Carpenter-Ridgeway, Madison, WI Local Guide

Cheapest Available Carpenter-Ridgeway Apartments for Rent

 

The cheapest available apartment rental in the Carpenter-Ridgeway area of Madison, WI is a Studio unit found at The Point on Washington priced from $949. Marina Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Point on WashingtonStandard StudioStudio,1BA$949
Marina Park Apartments10 Sherman Terr1BR,1BA$950
Holiday Terrace Apartments1 Beds, 1 Baths1BR,1BA$950
Port VistaStudioStudio,1BA$999
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1,000
Londonderry LoftsSTUDIOStudio,1BA$1,045
Cambridge Place1BR1BR,1BA$1,075

Best Value Apartments for Rent in Carpenter-Ridgeway, WI

As of September 07, 2026 the best value apartment in the Carpenter-Ridgeway area is the $1.43 price per square foot Homestead Model at Prentice Park in the in the East Side neighborhood starting from $1,974. The second greatest value Carpenter-Ridgeway apartment is the 18 Woodridge 2 Bedroom 1 Bathroom Model at 10 Woodridge Ct starting at $1,380 with a $1.12 price per square foot in the Carpenter-Ridgeway neighborhood. Here is today’s list of the best values for Carpenter-Ridgeway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prentice ParkHomestead3BR,2BA$1.43
10 Woodridge Ct18 Woodridge 2 Bedroom 1 Bathroom2BR,1BA$1.12
Carbon2/2 - 60%2BR,2BA$1.56
Stonewood Villagesv2brlow2BR,1BA$1.46
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.53
The Meadows Apartments2br/1b2BR,1BA$1.48
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18
2005 Browning Rd, Unit Browning2005 Browning Rd2BR,1BA$1.30
Cambridge Place1BR1BR,1BA$1.34
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46

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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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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Pet Friendly Lifestyle
Carpenter-Ridgeway, Madison, WI

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States including Carpenter-Ridgeway, Madison, and the greater Madison area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Carpenter-Ridgeway Apartments

What is the Cheapest Studio apartment in Carpenter-Ridgeway?

Currently the most affordable Cheap Studio Apartment in Carpenter-Ridgeway is at The Point on Washington listed at $949.

How much is rent for a Cheap One Bedroom Carpenter-Ridgeway Apartment?

The lowest price for a Cheap One Bedroom Carpenter-Ridgeway Apartment is $950 at Marina Park Apartments.

What is the lowest price for a Cheap Two Bedroom Carpenter-Ridgeway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carpenter-Ridgeway is starting from $1,000 at The Life at Madison Grove.

What is the most affordable Carpenter-Ridgeway Three Bedroom Apartment?

The best deal on a cheap Carpenter-Ridgeway Three Bedroom Apartment rental is at Madison Mayfair Apartments and starts from $1,300.

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.

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