Cheap Homes for Rent in Carpenter-Ridgeway Neighborhood of Madison, WI from $1,000 (7 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 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 ListingModel NameBed/BathPriced From
Rise-Madison1 Bed / 1 Bath1BR,1BA$639
Nature Valley ApartmentsStudioStudio,1BA$925
The Point on WashingtonStandard StudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woods Edge Townhomes1203-23BR,1.5BA$1.21
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
10-63 Sinykin CirThompson 2nd Floor2BR,2BA$1.40
Rise-Madison2 Bed / 2 Bath2BR,2BA$1.18
Timber Bluff2 BED / 2 BATH2BR,2BA$1.43
3322 Ridgeway Ave, Unit #13322 Ridgeway Ave2BR,1BA$1.29
Pinney LaneA4 Floor Plan (60LMI Income Restricted)2BR,2BA$1.46
Ridgewood Trails2BR/2.0BA2BR,2BA$1.33
View Pointe2 BR/ 2 BA2BR,2BA$1.33
Freedom Park1 Bed/ 1 Bath1BR,1BA$1.38

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Pet Friendly Lifestyle
Carpenter-Ridgeway, Madison, WI

Ranked #18

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 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.

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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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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.

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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.

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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.