
Cheap Homes for Rent in Madison Neighborhood of Lakewood, OH from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison area of Lakewood.

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.

14567 Madison Ave
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.

2233 Bunts Rd
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

12700 Lake Ave
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

12700 Lake Ave

1415 Olivewood Ave
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 | $1,900 | $1,200 | $2,600 |
Madison 3 Bedroom Homes for Rent | $1,700 | $1,600 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Madison Neighborhood of Lakewood, OH.
Explore Lakewood
Madison, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
Best Value Apartments for Rent in Madison, OH
As of May 10, 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 2150 Bunts Model at Lakewood Premier Apartments starting at $1,250 with a $1.14 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 |
Lakewood Premier Apartments | 2150 Bunts | 2BR,1BA | $1.14 |
12962 Clifton Blvd | 2 Bed, 1 Bath | 2BR,1BA | $1.36 |
2215 Chesterland Ave, Unit 2 | 2215 Chesterland Ave | 2BR,1BA | $1.28 |
1651 Victoria Ave, Unit 1 | 1651 Victoria Ave | 1BR,1BA | $1.30 |
Hilliard West | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
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
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.
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 130 Apartments for Rent in Madison, OH with pricing that ranges from $750 to $7,560. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,200 to $2,600.
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 $1,200 to $2,600 with an average monthly rent of $1,694.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.