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Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter-Ridgeway area of Madison.
3541 Graceland Ave, Unit A
3541 Graceland Ave
MadisonWI53704
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1975 E Washington Ave
MadisonWI53704
2624 Union St
MadisonWI53704
112 N Few St
MadisonWI53703
2549 Upham St
MadisonWI53704
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Carpenter-Ridgeway, Madison, WI Local Guide
How much does it cost to rent a home in Carpenter-Ridgeway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter-Ridgeway 2 Bedroom Homes for Rent | $1,751 | $1,400 | $2,200 |
| Carpenter-Ridgeway 3 Bedroom Homes for Rent | $2,489 | $1,925 | $3,400 |
| Carpenter-Ridgeway 5 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Carpenter-Ridgeway Neighborhood of Madison, WI.
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Carpenter-Ridgeway, Madison, WI Local Guide
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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 The Oscar Senior Apartments priced from $678. The Life at Madison Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oscar Senior Apartments | 1 Bedroom Income Restricted | 1BR,1BA | $678 |
| The Life at Madison Grove | 1 BED 1 BATH | 1BR,1BA | $925 |
| Freedom Park | 1 Bed/ 1 Bath | 1BR,1BA | $950 |
Best Value Apartments for Rent in Carpenter-Ridgeway, WI
As of June 16, 2025 the best value apartment in the Carpenter-Ridgeway area is the $1.24 price per square foot 1207-6 Model at Woods Edge Townhomes in the in the Near East Side neighborhood starting from $1,799. The second greatest value Carpenter-Ridgeway apartment is the 3x2 Income restricted Model at Carbon at Union Corners starting at $1,811 with a $1.41 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Carpenter-Ridgeway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woods Edge Townhomes | 1207-6 | 3BR,1.5BA | $1.24 |
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| Prentice Park | Parkland | 2BR,1.75BA | $1.28 |
| Eagle Harbor Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
| View Pointe | 2 BR/ 2 BA | 2BR,2BA | $1.33 |
| Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
| Freedom Park | 2 bed/1 bath | 2BR,1BA | $1.40 |
| Ridgewood Trails | 2BR/1.0BA | 2BR,1BA | $1.55 |
| The Life at Madison Grove | 1 BED 1 BATH | 1BR,1BA | $1.32 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
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Frequently Asked Questions about Carpenter-Ridgeway
What type of rentals are currently available in Carpenter-Ridgeway?
There are currently 238 Apartments for Rent in Carpenter-Ridgeway, WI with pricing that ranges from $565 to $7,000. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter-Ridgeway ranging from $1,250 to $3,400.
What is the current price range for Rental Homes in Carpenter-Ridgeway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpenter-Ridgeway ranges from $1,250 to $3,400 with an average monthly rent of $2,136.
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.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.