Cheap Apartments for Rent in the Ridgewood Neighborhood of Madison, WI from $800 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Ridgewood area of Madison.

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.

Read Article
property at 107 Rethke Ave

107 Rethke Ave

MadisonWI53714

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.

Read Article

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

Read Article
close
View Me
Onsgard Place
2 Bedroom Apartments

Onsgard Place

1713-1721 Onsgard RdMadison, WI 53704
  • Utilities Included
close
View Me
Autumnwood
Studio to 2 Bedroom Apartments

Autumnwood

4805-4901 Lien RdMadison, WI 53704
  • Utilities Included
close
View Me
Fair Oaks Apartments
Studio Apartments

Fair Oaks Apartments

3324 Milwaukee StMadison, WI 53714
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Enso Apartments
Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714
close
View Me
Canopy Ridge
1 to 2 Bedroom Apartments

Canopy Ridge

4605 Hayes RdMadison, WI 53704
Showing Results 1-39, Page 1 of 1

Ridgewood, Madison, WI Local Guide

Cheapest Available Ridgewood Apartments for Rent

 

The cheapest available apartment rental in the Ridgewood area of Madison, WI is a Studio unit found at Nature Valley Apartments priced from $925. Freedom Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Ridgewood apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Nature Valley ApartmentsStudioStudio,1BA$925
Freedom Park1 Bed/ 1 Bath1BR,1BA$950
Sandburg StudiosComfort | 1st FloorStudio,1BA$975
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Eagle Harbor2 Bedroom 2 Bathroom2BR,2BA$1,064
Canopy Ridge1BR/1.0BA1BR,1BA$1,199
Glacier Valley at Reston HeightsStudioStudio,1BA$1,245
Canopy Collection - Canopy Trails1 bed1BR,1BA$1,249
Hidden Creek Residences4603 DiLoreto Ave (Style HCA2)Studio,1BA$1,279
Ridgewood Trails2BR/1.0BA2BR,1BA$1,299

Best Value Apartments for Rent in Ridgewood, WI

As of July 22, 2025 the best value apartment in the Ridgewood area is the $1.24 price per square foot 1207-5 Model at Woods Edge Townhomes in the in the Near East Side neighborhood starting from $1,799. The second greatest value Ridgewood apartment is the Lowell Model at AutumnCreek Apartment Homes starting at $1,739 with a $1.52 price per square foot in the Burke Heights neighborhood. Here is today’s list of the best values for Ridgewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woods Edge Townhomes1207-53BR,1.5BA$1.24
AutumnCreek Apartment HomesLowell2BR,2BA$1.52
Eagle Harbor3 Bedroom 2 Bathroom3BR,2BA$1.26
View Pointe2 BR/ 2 BA2BR,2BA$1.33
4674 Hayes Rd, Unit 44674 Hayes Rd2BR,1BA$1.33
Freedom Park2 bed/1 bath2BR,1BA$1.40
Ridgewood Trails2BR/1.0BA2BR,1BA$1.44
The Meadows2b/1b-r2BR,1BA$1.52
Canopy Collection - Canopy Trails1 bed1BR,1BA$1.47
Madison Mayfair Apartments2 Bedroom2BR,1BA$1.60

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Ridgewood, Madison, WI

Ranked #49

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Ridgewood Neighborhood in Madison, WI

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ridgewood Apartments

What is a cheap apartment in Ridgewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ridgewood is under $1,299.

What is the price of a cheap apartment in Ridgewood?

The cheapest apartment in Ridgewood is Freedom Park which is listed at $950, while the average apartment in Ridgewood costs $2,499.

What types of apartments are the cheapest in Ridgewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 114 regular apartments in Ridgewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ridgewood?

Cheap apartments in Ridgewood have an average cost of $455 which is $2,044 cheaper than the average rent for all rentals in Ridgewood.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.