
Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter-Ridgeway area of Madison.


2507 E Johnson St

312 S Ingersoll St
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.

403 East Bluff, Unit 403 East Bluff

2826 Myrtle St

2725 Myrtle St
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.

115 Lakewood Gardens Ln
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 | $1,817 | $1,300 | $2,300 |
Carpenter-Ridgeway 3 Bedroom Homes for Rent | $2,193 | $1,400 | $2,800 |
Carpenter-Ridgeway 4 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Rise-Madison priced from $639. Nature Valley Apartments has the second lowest priced unit, which is a Studio 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 |
---|---|---|---|
Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $639 |
Nature Valley Apartments | Studio | Studio,1BA | $925 |
The Point on Washington | Standard Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Carpenter-Ridgeway, WI
As of September 16, 2025 the best value apartment in the Carpenter-Ridgeway area is the $1.21 price per square foot 1203-2 Model at Woods Edge Townhomes in the in the Near East Side neighborhood starting from $1,749. 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 | 1203-2 | 3BR,1.5BA | $1.21 |
Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
10-63 Sinykin Cir | Thompson 2nd Floor | 2BR,2BA | $1.40 |
Rise-Madison | 2 Bed / 2 Bath | 2BR,2BA | $1.18 |
Timber Bluff | 2 BED / 2 BATH | 2BR,2BA | $1.43 |
3322 Ridgeway Ave, Unit #1 | 3322 Ridgeway Ave | 2BR,1BA | $1.29 |
Pinney Lane | A4 Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.46 |
Ridgewood Trails | 2BR/2.0BA | 2BR,2BA | $1.33 |
View Pointe | 2 BR/ 2 BA | 2BR,2BA | $1.33 |
Freedom Park | 1 Bed/ 1 Bath | 1BR,1BA | $1.38 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCarpenter-Ridgeway, Madison, WI
Ranked #18
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Carpenter-Ridgeway, Madison, WI
Hawthorne Elementary
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 247 Apartments for Rent in Carpenter-Ridgeway, WI with pricing that ranges from $925 to $4,601. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter-Ridgeway ranging from $1,000 to $2,800.
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 $1,000 to $2,800 with an average monthly rent of $2,011.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.