
Cheap Homes for Rent in Madison Village Neighborhood of Lakewood, OH from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Village area of Lakewood.


12520 Edgewater Dr

3209 W 115th St
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.

11820 Edgewater Dr, Unit 813

1651 Victoria Ave

14567 Madison Ave
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.
Madison Village, Lakewood, OH Local Guide

How much does it cost to rent a home in Madison Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Village 2 Bedroom Homes for Rent | $1,482 | $950 | $2,600 |
Madison Village 3 Bedroom Homes for Rent | $1,848 | $1,645 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Madison Village Neighborhood of Lakewood, OH.
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Madison Village, Lakewood, OH Local Guide
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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. 114 South 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
2275 Warren Rd | Studio | Studio,1BA | $750 |
114 South | 1 Bedroom | 1BR,1BA | $795 |
Clifton Cove | One bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Madison Village, OH
As of June 03, 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 2 Bed, 1 Bath Model at 12962 Clifton Blvd starting at $1,500 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Windsor's Lakewood Properties | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
12962 Clifton Blvd | 2 Bed, 1 Bath | 2BR,1BA | $1.36 |
11844 Cliffton Blvd | 2 Bed/1 Bath | 2BR,1BA | $1.36 |
1322 Beach Ave, Unit Downstairs | 1322 Beach Ave | 2BR,1BA | $1.14 |
2151 Lewis Dr, Unit Lower | 2151 Lewis Dr | 3BR,1BA | $1.35 |
The Lake Villa | 1 bedroom | 1BR,1BA | $1.01 |
Michael Towers | 2 Bedroom | 2BR,1BA | $1.29 |
Kenton Apartments | One Bedroom-105 | 1BR,1BA | $1.37 |
Virginia Apartments | North one bedroom | 1BR,1BA | $1.28 |
Clifton Cove | One bedroom | 1BR,1BA | $1.30 |
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.
Frequently Asked Questions about Madison Village
What type of rentals are currently available in Madison Village?
There are currently 188 Apartments for Rent in Madison Village, OH with pricing that ranges from $750 to $7,700. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Village ranging from $950 to $2,600.
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 $950 to $2,600 with an average monthly rent of $1,421.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.