Cheap Apartments for Rent in the Carpenter-Ridgeway Neighborhood of Madison, WI from $600 (107 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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property at 1617 Troy Dr

$1,099 - $1,125

1 Bedroom Rentals

Available Now

1617 Troy Dr

MadisonWI53704

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3176 Ridgeway Ave, Unit #4
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
1 Bedroom Apartment Available Now

3176 Ridgeway Ave, Unit #4

3176 Ridgeway AveMadison, WI 53704
Affordability
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View Pointe
$1,225 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,525
Total Monthly Price
$1,225 - $1,525
1 to 2 Bedroom Apartments Available Now

View Pointe

2301 Columbus LnMadison, WI 53704
Cost Per Sq.Ft.
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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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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 1 Bed unit found at Eagle Harbor priced from $613. Nature Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$613
Nature Valley ApartmentsStudioStudio,1BA$895
PMM + MS2406 Brentwood Pkwy2BR,1BA$900
Freedom Park Apartments1722 - 1 Bed/1 Bath - XS1BR,1BA$925
The Life at Madison Grove1 BED 1 BATH1BR,1BA$925
The Point on WashingtonStandard StudioStudio,1BA$949
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
2502 Brentwood Pkwy2 Beds 1 Bath2BR,1BA$1,095

Best Value Apartments for Rent in Carpenter-Ridgeway, WI

As of March 09, 2026 the best value apartment in the Carpenter-Ridgeway area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Carpenter-Ridgeway apartment is the 2b/1b-r Model at The Meadows Apartments starting at $1,360 with a $1.55 price per square foot in the East Side 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.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
The Meadows Apartments2b/1b-r2BR,1BA$1.55
2410 Brentwood Pky, Unit #C2410 Brentwood Pky2BR,1BA$1.28
2414 Brentwood Pky2414 Brentwood Pky2BR,1BA$1.28
2506 Brentwood Pky, Unit B2506 Brentwood Pky2BR,1BA$1.28
2502 Brentwood Pkwy2 Beds 1 Bath2BR,1BA$1.28
PMM + MS10 Sherman Terr1BR,1BA$1.12
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18
View Pointe1 BR/ 1 BA1BR,1BA$1.53
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.50

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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Pet Friendly Lifestyle
Carpenter-Ridgeway, Madison, WI

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Carpenter-Ridgeway, Madison, WI

School data provided by Great Schools

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 Nature Valley Apartments listed at $895.

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

The lowest price for a Cheap One Bedroom Carpenter-Ridgeway Apartment is $925 at Freedom 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 $900 at PMM + MS.

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.

Articles, How-To's, and Tips

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