Cheap Homes for Rent in Madison Village Neighborhood of Lakewood, OH from $800 (11 Rentals)

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

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.

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.

property at 2224 lewis dr

$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2224 lewis dr

LakewoodOH44107

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. AIY Lakewood Area Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Madison Village apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
114 South1 Bedroom1BR,1BA$795
AIY Lakewood Area ApartmentsRI StudioStudio,1BA$840
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850
Skyview Manor1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Madison Village, OH

As of January 03, 2026 the best value apartment in the Madison Village area is the $1.07 price per square foot 2023 Robin St Model at 2023 Robin St, Unit Upper in the in the Madison neighborhood starting from $1,600. The second greatest value Madison Village apartment is the Main Model at 1286 Beach Ave starting at $1,700 with a $1.21 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.
2023 Robin St, Unit Upper2023 Robin St3BR,2BA$1.07
1286 Beach AveMain3BR,1BA$1.21
11844 Cliffton Blvd1 Bed/1 Bath1BR,1BA$1.00
2101 Waterbury Rd, Unit 21012101 Waterbury Rd2BR,1BA$1.27
11731 Franklin Blvd, Unit 11731 Franklin Down11731 Franklin Blvd2BR,1BA$1.28
1498 Winchester Ave, Unit 41498 Winchester Ave2BR,1BA$1.25
Michael Towers2 Bedroom2BR,1BA$1.29
West Shore Manor1 Bedroom Large1BR,1BA$1.28
Parkway Arms Apartment2 bed / 1 bath2BR,1BA$1.32
1691 Robinwood Ave, Unit 1021691 Robinwood Ave1BR,1BA$1.29

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Madison Village, Lakewood, OH

Ranked #6

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 212 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 $2,800.

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 $2,800 with an average monthly rent of $1,650.

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 $1,275 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,849 and Four Bedroom Apartments start at $3,245.

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 .

decorative image for Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland article

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!