Cheap Homes for Rent in Madison Village Neighborhood of Lakewood, OH from $800 (12 Rentals)

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

property at 11820 Edgewater Dr

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Now

11820 Edgewater Dr

LakewoodOH44107

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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 1 Bed unit found at 114 South priced from $795. A Place for Us Housing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Madison Village apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
114 South1 Bedroom1BR,1BA$795
A Place for Us Housing Senior Apartments1 Bedroom1BR,1BA$839
AIY Lakewood Area ApartmentsRI StudioStudio,1BA$840
Clarence House1 Bed1BR,1BA$850
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Madison Village, OH

As of February 19, 2026 the best value apartment in the Madison Village area is the $0.93 price per square foot 2 Bed/1 Bath Model at 11844 Cliffton Blvd in the in the Highland House neighborhood starting from $1,400. The second greatest value Madison Village apartment is the 2075 Lewis Dr Model at 2075 Lewis Dr, Unit 2075 Lewis starting at $1,700 with a $1.42 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.
11844 Cliffton Blvd2 Bed/1 Bath2BR,1BA$0.93
2075 Lewis Dr, Unit 2075 Lewis2075 Lewis Dr3BR,1BA$1.42
1620 Newman Ave, Unit 16221620 Newman Ave2BR,1BA$1.12
1673 Victoria Ave, Unit 21673 Victoria Ave2BR,1BA$1.27
2102 Chesterland Ave, Unit 22102 Chesterland Ave2BR,1BA$1.18
The Lake Villa2 BR2BR,1BA$1.36
Virginia ApartmentsNorth two bedroom2BR,1BA$1.39
Kenton ApartmentsOne Bedroom-2031BR,1BA$1.28
West Shore Manor1 Bedroom Large1BR,1BA$1.10
Parkway Arms Apartment2 bed / 1 bath2BR,1BA$1.32

Don'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.

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Pet Friendly Lifestyle
Madison Village, Lakewood, OH

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Madison Village

What type of rentals are currently available in Madison Village?

There are currently 217 Apartments for Rent in Madison Village, OH with pricing that ranges from $725 to $3,400. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Village ranging from $875 to $2,500.

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 $875 to $2,500 with an average monthly rent of $1,621.

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 $1,650 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,650.

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

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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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Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland

Written by: Sandy Baker

Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

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Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Written by: Sandy Baker

If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.