2002 Chesterland Ave
LakewoodOH44107
Cheap Homes for Rent in the Madison Neighborhood of Lakewood, OH from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison area of Lakewood.
12705 Plover St
LakewoodOH44107
13375 Madison Ave
LakewoodOH44107
Cleveland's Best Affordable Neighborhoods
Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker
2160 Alger Rd
LakewoodOH44107
2202 Waterbury Rd
LakewoodOH44107
1575 Orchard Grove Ave
LakewoodOH44107
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2200 Wyandotte Ave
LakewoodOH44107
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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 | $1,431 | $1,100 | $1,700 |
| Madison 3 Bedroom Homes for Rent | $3,308 | $1,525 | $6,000 |
| Madison 4 Bedroom Homes for Rent | $2,695 | $2,000 | $3,390 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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Best Value Homes for Rent in Madison, OH
As of September 19, 2026 the best value rental home in the Madison area is the $1.83 price per square foot 1539 Elbur Ave Model at 1539 Elbur Ave in the Downtown Lakewood neighborhood starting from $3,390. The second greatest value Madison rental home is the 2202 Wyandotte Ave Model at 2202 Wyandotte Ave in the Downtown Lakewood neighborhood starting at $2,000 with a $1.18 price per square foot. Here is today’s list of the best values for Madison homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1539 Elbur Ave | 1539 Elbur Ave | 4BR, 2BA | $1.83 |
| 2202 Wyandotte Ave | 2202 Wyandotte Ave | 4BR, 2BA | $1.18 |
| 12701 Plover St | 12701 Plover St | 3BR, 2BA | $1.67 |
| 2264 Northland Ave, Unit 2262 Northland | 2264 Northland Ave | 2BR, 1BA | $1.25 |
| 2200 Wyandotte Ave | 2200 Wyandotte Ave | 2BR, 1BA | $1.25 |
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 Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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Pet Friendly LifestyleMadison, Lakewood, OH
Ranked #8
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 146 Apartments for Rent in Madison, OH with pricing that ranges from $875 to $4,806. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,100 to $6,000.
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 $6,000 with an average monthly rent of $1,970.
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 $1,100 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,900.
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.
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