Cheap Apartments for Rent in the Madison Neighborhood of Lakewood, OH from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison area of Lakewood.

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2113 Halstead Ave
$6251 Bedroom, 1 Bath RentalsAvailable Now

2113 Halstead Ave

Lakewood, OH 44107
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1609 Lakewood Ave
$8751 Bedroom, 1 Bath RentalsAvailable Now

1609 Lakewood Ave

Lakewood, OH 44107
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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
Utilities inc.
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14999 Madison Ave
1 Bedroom Apartments

14999 Madison Ave

14999 Madison AveLakewood, OH 44107
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Grace Apartments
1 Bedroom Apartments

Grace Apartments

1414 Grace AveLakewood, OH 44107
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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

1421-1425 Waterbury RdLakewood, OH 44107
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15121 Clifton Blvd
1 to 2 Bedroom Apartments

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107
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Parkway Arms Apartment
1 to 2 Bedroom Apartments

Parkway Arms Apartment

13509-13511 Detroit AveLakewood, OH 44107
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Riverside Manor
1 Bedroom Apartments

Riverside Manor

3223-3235 Rocky River DrCleveland, OH 44111
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Madison, Lakewood, OH Local Guide

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. Highland House & Lakewood Area Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Madison apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
2275 Warren RdStudioStudio,1BA$750
Highland House & Lakewood Area ApartmentsEH EfficiencyStudio,1BA$765
The FreelanderOne Bedroom Small1BR,1BA$795
Clifton CoveOne bedroom1BR,1BA$800
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Madison, OH

As of February 22, 2025 the best value apartment in the Madison area is the $1.23 price per square foot 1673 Victoria Ave Model at 1673 Victoria Ave, Unit 1 in the in the Downtown Lakewood neighborhood starting from $1,350. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1673 Victoria Ave, Unit 11673 Victoria Ave2BR,1BA$1.23
1609 Bunts Rd, Unit 1609 - Lower1609 Bunts Rd2BR,1BA$1.37
Castlewood ApartmentsAshby2BR,1BA$1.56
Hilliard East2 Bedroom 1 Bath2BR,1BA$1.58
2027 Richland Ave, Unit #32027 Richland Ave2BR,1BA$1.24
Lakewood Premier Apartments2011 Lakeland2BR,1BA$1.16
2015 Arthur Ave, Unit 72015 Arthur Ave1BR,1BA$1.10
Clifton CoveOne bedroom1BR,1BA$1.30
2275 Warren Rd1 Bed/1 Bath1BR,1BA$1.53
Clarence House1 Bed1BR,1BA$1.65

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Pet Friendly Lifestyle
Madison, Lakewood, OH

Ranked #7

Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $795 at The Freelander.

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 $925 at Lakewood Premier Apartments.

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 $1,395.

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.

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A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.