Cheap Apartments for Rent in the Madison Village Neighborhood of Lakewood, OH from $500 (28 Rentals)

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

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

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Glen Cove Apartments
1 Bedroom Apartments

Glen Cove Apartments

1277 Cove AveLakewood, OH 44107
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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
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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.

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14999 Madison Ave
1 Bedroom Apartments

14999 Madison Ave

14999 Madison AveLakewood, OH 44107
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Grace Apartments
1 Bedroom Apartments

Grace Apartments

1414 Grace AveLakewood, OH 44107
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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

1421-1425 Waterbury RdLakewood, OH 44107
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15121 Clifton Blvd
1 to 2 Bedroom Apartments

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107

Navigating the Rental Market: Tips for First-Time Renters

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Shorehouse Apartments
1 Bedroom Apartments

Shorehouse Apartments

12031 Edgewater DrLakewood, OH 44107
  • Utilities Included

Cleveland's Best Affordable Neighborhoods

Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

Madison Village, Lakewood, OH Local Guide

Cheapest Available Madison Village Apartments for Rent

 

The cheapest available apartment rental in the Madison Village area of Cleveland, OH is a Studio unit found at 2275 Warren Rd priced from $750. The Freelander has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Madison Village apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
2275 Warren RdStudioStudio,1BA$750
The FreelanderOne Bedroom Small1BR,1BA$795
114 South1 Bedroom1BR,1BA$795
Clifton CoveOne bedroom1BR,1BA$800
AIY Lakewood Area ApartmentsEH 1 BD Junior1BR,1BA$825
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850
The Lake Villa1 bedroom1BR,1BA$885
Skyview Manor1 Bedroom1BR,1BA$895
Windsor's Lakewood Properties1 Bedroom 1 Bath1BR,1BA$950

Best Value Apartments for Rent in Madison Village, OH

As of May 30, 2025 the best value apartment in the Madison Village area is the $1.09 price per square foot 2 Bedroom 1 Bathroom Model at Windsor's Lakewood Properties in the in the Downtown Lakewood neighborhood starting from $1,250. The second greatest value Madison Village apartment is the 1322 Beach Ave Model at 1322 Beach Ave, Unit Downstairs starting at $1,250 with a $1.14 price per square foot in the Highland House neighborhood. Here is today’s list of the best values for Madison Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windsor's Lakewood Properties2 Bedroom 1 Bathroom2BR,1BA$1.09
1322 Beach Ave, Unit Downstairs1322 Beach Ave2BR,1BA$1.14
12962 Clifton Blvd2 Bed, 1 Bath2BR,1BA$1.36
11844 Cliffton Blvd2 Bed/1 Bath2BR,1BA$1.36
The Lake Villa1 bedroom1BR,1BA$1.01
Michael Towers2 Bedroom2BR,1BA$1.29
13842 Clifton Blvd, Unit 313842 Clifton Blvd1BR,1BA$1.18
Center NorthUnit B1BR,1BA$1.52
Virginia ApartmentsNorth one bedroom1BR,1BA$1.28
Clifton CoveOne bedroom1BR,1BA$1.30

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Pet Friendly Lifestyle
Madison Village, Lakewood, OH

Ranked #4

Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for West Cleveland, OH. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Madison Village Apartments

What is the Cheapest Studio apartment in Madison Village?

Currently the most affordable Cheap Studio Apartment in Madison Village is at 2275 Warren Rd listed at $750.

How much is rent for a Cheap One Bedroom Madison Village Apartment?

The lowest price for a Cheap One Bedroom Madison Village Apartment is $795 at The Freelander.

What is the lowest price for a Cheap Two Bedroom Madison Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison Village is starting from $925 at 114 South.

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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A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.