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Cheap Apartments for Rent in the Madison Neighborhood of Lakewood, OH from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison area of Lakewood.
2171 Olive Ave
LakewoodOH44107
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from $775Studio to 2 Bedroom Apartments Available Now
Windsor's Lakewood Properties
11849 Clifton BlvdLakewood, OH 44107
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Rent Specials
from $825Studio to 2 Bedroom Apartments Available Now
AIY Lakewood Area Apartments
11810-11830 Lake RdLakewood, OH 44107
1609 Lakewood Ave
LakewoodOH44107
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from $8501 to 2 Bedroom Apartments Available Now
Clarence House
1380-1384 Clarence AveLakewood, OH 44107
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Rent Specials
from $8501 Bedroom Apartments Available Now
Elbur Avenue
13542-13608 Detroit AveLakewood, OH 44107
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.
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from $8501 to 2 Bedroom Apartments Available Jun 20
Colonial Club Apartments
1446 Coutant AveLakewood, OH 44107
1285 Cranford Ave
LakewoodOH44107
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from $9251 Bedroom Apartment Available Jun 1
2094 Dowd Ave, Unit DOWD REAR
2094 Dowd AveLakewood, OH 44107
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from $1,0001 Bedroom Apartment Available Now
13842 Clifton Blvd, Unit 3
13842 Clifton BlvdLakewood, OH 44107
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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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Rent Specials
from $7751 Bedroom Apartments Available Now
Edgecliff Apartments
3215 Rocky River DrCleveland, OH 44111
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-24, Page 1 of 1
Madison, Lakewood, OH Local Guide
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,034 | $750 | $1,155 |
| Madison 1 Bedroom Apartments | $1,059 | $750 | $2,000 |
| Madison 2 Bedroom Apartments | $1,516 | $950 | $3,208 |
| Madison 3 Bedroom Apartments | $1,776 | $1,100 | $2,415 |
| Madison 4 Bedroom Apartments | $7,750 | $7,750 | $7,750 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Madison Neighborhood of Lakewood, OH.
See all Apartments in LakewoodExplore Lakewood
Madison, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available Madison Apartments for Rent
The cheapest available apartment rental in the Madison area of Cleveland, OH is a Studio unit found at 2275 Warren Rd priced from $750. Edgecliff Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Madison apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2275 Warren Rd | Studio | Studio,1BA | $750 |
| Edgecliff Apartments | One Bedroom | 1BR,1BA | $775 |
| The Freelander | One Bedroom Small | 1BR,1BA | $795 |
| Clifton Cove | One bedroom | 1BR,1BA | $800 |
| AIY Lakewood Area Apartments | EH 1 BD Junior | 1BR,1BA | $825 |
Best Value Apartments for Rent in Madison, OH
As of May 30, 2025 the best value apartment in the Madison 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 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 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 |
| Castlewood Apartments | Ashby | 2BR,1BA | $1.44 |
| Lakewood Premier Apartments | 15605 Madison-3 | 2BR,1BA | $1.14 |
| 13842 Clifton Blvd, Unit 3 | 13842 Clifton Blvd | 1BR,1BA | $1.18 |
| Center North | Unit B | 1BR,1BA | $1.52 |
| Clifton Cove | One bedroom | 1BR,1BA | $1.30 |
| 2275 Warren Rd | 1 Bed/1 Bath | 1BR,1BA | $1.53 |
| Clarence House | 1 Bed | 1BR,1BA | $1.65 |
| Edgecliff Apartments | One Bedroom | 1BR,1BA | $1.55 |
Quick Rent Budget Calculator
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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 LifestyleMadison, Lakewood, OH
Ranked #13
Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Madison, Lakewood, OH
School data provided by Great Schools
Frequently Asked Questions about Cheap Madison Apartments
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at 2275 Warren Rd listed at $750.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $775 at Edgecliff Apartments.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $950 at Clarence House.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Lakewood Premier Apartments and starts from $1,250.
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.