Cheap Homes for Rent in Madison Neighborhood of Lakewood, OH from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison area of Lakewood.

1557 Cohassett Ave
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.

13315 Madison Ave

2224 lewis dr
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.
Madison, Lakewood, OH Local Guide

How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,446 | $1,100 | $2,000 |
| Madison 3 Bedroom Homes for Rent | $1,541 | $1,200 | $1,775 |
| Madison 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
| Madison 5 Bedroom Homes for Rent | $2,775 | $2,300 | $3,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Madison Neighborhood of Lakewood, OH.
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Madison, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
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Best Value Apartments for Rent in Madison, OH
As of January 01, 2026 the best value apartment in the Madison 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 apartment is the 2143 Eldred Ave Model at 2143 Eldred Ave, Unit 2 starting at $1,500 with a $1.25 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. |
|---|---|---|---|
| 2023 Robin St, Unit Upper | 2023 Robin St | 3BR,2BA | $1.07 |
| 2143 Eldred Ave, Unit 2 | 2143 Eldred Ave | 3BR,1BA | $1.25 |
| 2075 Lewis Dr, Unit 2075 Lewis | 2075 Lewis Dr | 3BR,1BA | $1.42 |
| 2101 Waterbury Rd, Unit 2101 | 2101 Waterbury Rd | 2BR,1BA | $1.27 |
| 13860 Clifton Blvd, Unit Unit 3 | 13860 Clifton Blvd | 1BR,1BA | $1.40 |
| Lakewood Premier Apartments | 2015 Lakeland # 9 | 2BR,1BA | $1.24 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| 13322 Madison Ave | 1 Bed 1 Bath | 1BR,1BA | $1.57 |
| 1691 Robinwood Ave, Unit 102 | 1691 Robinwood Ave | 1BR,1BA | $1.29 |
| Edgecliff Apartments | One Bedroom | 1BR,1BA | $1.41 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMadison, Lakewood, OH
Ranked #11
Among cities in Ohio 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 Madison
What type of rentals are currently available in Madison?
There are currently 138 Apartments for Rent in Madison, OH with pricing that ranges from $725 to $3,293. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,100 to $3,250.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $1,100 to $3,250 with an average monthly rent of $1,802.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,500 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,775. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $3,293.
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

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.

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 .

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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
