Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,100 (16 Rentals)

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

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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 Nature Valley Apartments priced from $895. The Point on Washington has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Nature Valley ApartmentsStudioStudio,1BA$895
The Point on WashingtonStandard StudioStudio,1BA$949
Hooker Avenue ApartmentsStudioStudio,1BA$975
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$991
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Carpenter-Ridgeway, WI

As of November 03, 2025 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 Thompson 2nd Floor Model at 10-63 Sinykin Cir starting at $1,750 with a $1.40 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
10-63 Sinykin CirThompson 2nd Floor2BR,2BA$1.40
934 Rockefeller Ln934 Rockefeller Ln2BR,1BA$1.21
Timber Bluff2 BED / 2 BATH2BR,2BA$1.39
3388 E Washington Ave, Unit #23388 E Washington Ave2BR,1BA$1.44
Ridgewood Trails1BR/1.0BA1BR,1BA$1.33
View Pointe1 BR/ 1 BA1BR,1BA$1.44
Freedom Park1 bed/1 bath + Den1BR,1BA$1.38
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.55
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$1.50

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Pet Friendly Lifestyle
Carpenter-Ridgeway, Madison, WI

Ranked #15

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

Frequently Asked Questions about Carpenter-Ridgeway

What type of rentals are currently available in Carpenter-Ridgeway?

There are currently 241 Apartments for Rent in Carpenter-Ridgeway, WI with pricing that ranges from $895 to $7,000. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter-Ridgeway ranging from $1,100 to $4,180.

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 $1,100 to $4,180 with an average monthly rent of $2,393.

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.