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Installing carpet can cost as little as $3.50 per square yard. According to the home renovation website House Flipping Helper, base rates for carpet installation range from about $3.50 to $6.00 per square yard. These rates vary, though, based on different factors, like the type of carpet selected.
At the end of the day, youâre paying for the padding and installation in some form, or the retailer would go out of business. Hereâs an estimate of what to expect: Carpet pad cost: $0.30 to $0.60 sq/ft. Carpet installation cost: $0.50 sq/ft. For budgeting purposes, add $1.00 sq/ft. for padding and installation to get a good ballpark estimate.