
Cheap Homes for Rent in Ridgewood Neighborhood of Madison, WI from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Ridgewood area of Madison.


131 N Fair Oaks Ave
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.

4521 Jade Ln

4011 David Rd
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.
Ridgewood, Madison, WI Local Guide

How much does it cost to rent a home in Ridgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ridgewood 2 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
| Ridgewood 3 Bedroom Homes for Rent | $2,746 | $2,400 | $3,080 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Ridgewood Neighborhood of Madison, WI.
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Ridgewood, Madison, WI Local Guide
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Best Value Apartments for Rent in Ridgewood, WI
As of May 07, 2026 the best value apartment in the Ridgewood area is the $0.96 price per square foot 9 Obrien Ct Model at 9 Obrien Ct, Unit 09 O’Brien in the in the East Side neighborhood starting from $2,295. The second greatest value Ridgewood apartment is the A Model at Prairie Stone Commons starting at $1,750 with a $1.31 price per square foot in the East Madison neighborhood. Here is today’s list of the best values for Ridgewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9 Obrien Ct, Unit 09 O’Brien | 9 Obrien Ct | 4BR,1.5BA | $0.96 |
| Prairie Stone Commons | A | 2BR,2BA | $1.31 |
| Rise-Madison | 3 Bed / 2 Bath | 3BR,2BA | $1.55 |
| 4650 Hayes Rd, Unit 3 | 4650 Hayes Rd | 2BR,1BA | $1.44 |
| Stonewood Village | sv2brup | 2BR,1BA | $1.54 |
| Madison Apartments | Baldwin | 1BR,1BA | $1.51 |
| Canopy Trails I | 2BR/1.0BA | 2BR,1BA | $1.65 |
| Canopy Ridge | 2BR/1.0BA | 2BR,1BA | $1.65 |
| Canopy Collection - Canopy Trails | 1 bed | 1BR,1BA | $1.35 |
| View Pointe | 1 BR/ 1 BA | 1BR,1BA | $1.47 |
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.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleRidgewood, Madison, WI
Ranked #51
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Ridgewood
What type of rentals are currently available in Ridgewood?
There are currently 102 Apartments for Rent in Ridgewood, WI with pricing that ranges from $925 to $3,720. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ridgewood ranging from $1,200 to $3,080.
What is the current price range for Rental Homes in Ridgewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ridgewood ranges from $1,200 to $3,080 with an average monthly rent of $1,973.
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

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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.