Cheap Homes for Rent in Madison Village Neighborhood of Lakewood, OH from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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 12700 Lake Ave

12700 Lake Ave

LakewoodOH44107

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
property at 12900 Lake Ave

12900 Lake Ave

LakewoodOH44107
Showing Results 1-11, Page 1 of 1

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. Windsor's Lakewood Properties has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Madison Village apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
2275 Warren RdStudioStudio,1BA$750
Windsor's Lakewood PropertiesStudioStudio,1BA$775
114 South1 Bedroom1BR,1BA$795
Clifton CoveOne bedroom1BR,1BA$800
AIY Lakewood Area ApartmentsEH 1 BD Junior1BR,1BA$825

Best Value Apartments for Rent in Madison Village, OH

As of July 29, 2025 the best value apartment in the Madison Village area is the $1.36 price per square foot 2 Bed, 1 Bath Model at 12962 Clifton Blvd in the in the Downtown Lakewood neighborhood starting from $1,500. The second greatest value Madison Village apartment is the 1651 Victoria Ave Model at 1651 Victoria Ave, Unit 1 starting at $1,200 with a $1.30 price per square foot in the Downtown Lakewood 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.
12962 Clifton Blvd2 Bed, 1 Bath2BR,1BA$1.36
1651 Victoria Ave, Unit 11651 Victoria Ave1BR,1BA$1.30
The Lake Villa2 Bedroom2BR,1BA$1.18
Michael Towers2 Bedroom2BR,1BA$1.29
Virginia ApartmentsNorth one bedroom1BR,1BA$1.28
Clifton CoveOne bedroom1BR,1BA$1.30
Windsor's Lakewood PropertiesStudioStudio ,1BA$1.29
2275 Warren Rd1 Bed/1 Bath1BR,1BA$1.53
1574 Ridgewood Ave, Unit 21574 Ridgewood AveStudio ,1BA$1.25
1691 Robinwood Ave, Unit 1071691 Robinwood Ave1BR,1BA$1.25

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

Frequently Asked Questions about Madison Village

What type of rentals are currently available in Madison Village?

There are currently 204 Apartments for Rent in Madison Village, OH with pricing that ranges from $750 to $4,550. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Village ranging from $1,000 to $3,000.

What is the current price range for Rental Homes in Madison Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Village ranges from $1,000 to $3,000 with an average monthly rent of $1,987.

How much are larger Three and Four Bedroom Rentals in Madison Village?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Village range from $975 to $3,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $2,000.

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

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.