Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,100 (12 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 228 Swanton Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1.5 Bath Condo for Rent

Available Jun 21

228 Swanton Rd, Unit 228 Swanton Rd

228 Swanton Rd
MadisonWI53714

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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 The Conway at Huxley Yards priced from $761. Rise-Madison has the second lowest priced unit, which is a 2 Beds apartment currently listed from $784. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Conway at Huxley YardsOne Bedroom/One Bath "D"1BR,1BA$761
Rise-Madison2 Bed / 2 Bath2BR,2BA$784
The Point on WashingtonStandard StudioStudio,1BA$949
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1,000

Best Value Apartments for Rent in Carpenter-Ridgeway, WI

As of June 20, 2026 the best value apartment in the Carpenter-Ridgeway area is the $1.13 price per square foot 1301 Ruskin St Model at 1301 Ruskin St, Unit 1 in the in the Eastmorland neighborhood starting from $1,350. The second greatest value Carpenter-Ridgeway apartment is the Province Model at Prentice Park starting at $1,635 with a $1.43 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.
1301 Ruskin St, Unit 11301 Ruskin St2BR,1BA$1.13
Prentice ParkProvince2BR,1BA$1.43
149 Leon St, Unit 1149 Leon St2BR,1BA$1.41
Stonewood Villagesv2brup2BR,1BA$1.45
Valor on WashingtonTwo Bedroom2BR,1BA$1.32
2502 Brentwood Pkwy2 Beds 1 Bath2BR,1BA$1.28
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18
Freedom Park Apartments1706 - 2 Bed / 1 Bath2BR,1BA$1.38
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46
The Conway at Huxley YardsOne Bedroom/One Bath "D"1BR,1BA$1.27

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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 #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Carpenter-Ridgeway

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

There are currently 236 Apartments for Rent in Carpenter-Ridgeway, WI with pricing that ranges from $761 to $6,450. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter-Ridgeway ranging from $1,150 to $3,200.

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 $1,150 to $3,200 with an average monthly rent of $2,006.

How much are larger Three and Four Bedroom Rentals in Carpenter-Ridgeway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Carpenter-Ridgeway range from $1,055 to $4,944, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,795. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,737.

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.

Helpful Local Expert Guides

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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.

decorative image for Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI article

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Written by: Mike Heuer

I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

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An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

Written by: Mike Heuer

Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.