Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,100 (24 Rentals)

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

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.

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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.

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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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Showing Results 1-24, Page 1 of 1

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. PMM + MS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Carpenter-Ridgeway apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
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

Best Value Apartments for Rent in Carpenter-Ridgeway, WI

As of February 03, 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 2x2 Model at The Andre Apartments starting at $1,620 with a $1.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
The Andre Apartments2x22BR,2BA$1.54
Granite Ridge Apartments2 BR + Den (1006 SF)2BR,1BA$1.55
Stonewood Villagesv2brlow2BR,1BA$1.56
Ridgewood Trails2BR/2.0BA2BR,2BA$1.55
914-16 N Oak St2Bedroom2BR,1BA$1.33
PMM + MS10 Sherman Terr1BR,1BA$1.12
View Pointe1 BR/ 1 BA1BR,1BA$1.49
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.50
The Life at Madison Grove1 BED 1 BATH1BR,1BA$1.32

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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

Frequently Asked Questions about Carpenter-Ridgeway

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

There are currently 245 Apartments for Rent in Carpenter-Ridgeway, WI with pricing that ranges from $895 to $4,884. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter-Ridgeway ranging from $1,100 to $4,000.

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 $4,000 with an average monthly rent of $2,309.

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 $1,300 to $4,884, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,840 to $2,745. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $1,722.

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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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.