
Cheap Apartments for Rent in the Madison Neighborhood of Lakewood, OH from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison area of Lakewood.


Windsor's Lakewood Properties

Highland House & Lakewood Area Apartments

Colonial Club Apartments

Elbur Avenue

Clarence House

2171 Olive Ave

1609 Lakewood Ave

Edgecliff Apartments

Lakewood Premier Apartments
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 | $982 | $700 | $1,295 |
Madison 1 Bedroom Apartments | $1,058 | $650 | $1,450 |
Madison 2 Bedroom Apartments | $1,553 | $940 | $4,529 |
Madison 3 Bedroom Apartments | $1,571 | $1,350 | $1,850 |
Madison 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 20 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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Cheapest Available Madison Apartments for Rent
The cheapest available apartment rental in the Madison area of Cleveland, OH is a Studio unit found at Windsor's Lakewood Properties priced from $700. 2275 Warren Rd has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Madison apartments for rent in Cleveland, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windsor's Lakewood Properties | Studio | Studio,1BA | $700 |
2275 Warren Rd | Studio | Studio,1BA | $750 |
Highland House & Lakewood Area Apartments | EH Efficiency | Studio,1BA | $765 |
Edgecliff Apartments | One Bedroom | 1BR,1BA | $775 |
The Freelander | One Bedroom Small | 1BR,1BA | $795 |
Best Value Apartments for Rent in Madison, OH
As of March 26, 2025 the best value apartment in the Madison area is the $1.42 price per square foot 15009 Hilliard Rd Model at 15009 Hilliard Rd, Unit Lower in the in the Downtown Lakewood neighborhood starting from $1,850. The second greatest value Madison apartment is the 1609 Bunts Rd Model at 1609 Bunts Rd, Unit 1609 - Lower starting at $1,425 with a $1.37 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. |
---|---|---|---|
15009 Hilliard Rd, Unit Lower | 15009 Hilliard Rd | 3BR,1BA | $1.42 |
1609 Bunts Rd, Unit 1609 - Lower | 1609 Bunts Rd | 2BR,1BA | $1.37 |
1651 Victoria Ave, Unit 1 | 1651 Victoria Ave | 1BR,1BA | $1.30 |
Hilliard West | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
Lakewood Premier Apartments | 13386 Madison-1 | 1BR,1BA | $1.09 |
Clifton Cove | One bedroom | 1BR,1BA | $1.30 |
Windsor's Lakewood Properties | Studio | Studio ,1BA | $1.17 |
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 |
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Pet Friendly LifestyleMadison, Lakewood, OH
Ranked #6
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
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 Windsor's Lakewood Properties listed at $700.
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 and starts from $1,350.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.