16820 Madison Ave Lakewood, OH 44107

📍 Lakewood, OH 44107

📋 Property Overview

Welcome to our updated 3-bedroom, 2-bathroom apartment in the heart of Lakewood, OH. This modern space features a updated kitchen and bathroom with new modern fixtures, as well as new stainless steel appliances. The spacious living and dining rooms provide the perfect setting for entertaining guests or relaxing after a long day. Enjoy the fresh air on your private porch, or stay cool indoors with central air conditioning. With modern light fixtures throughout and fresh paint, this apartment is both stylish and functional. Don't miss out on the opportunity to make this sleek and contemporary space your new home.Home comes with a refrigerator, stove, and dishwasher. Also a washer and dryer are supplied in the basement. Only street parking. Residents are responsible for gas and electricity. $50 water and sewer charge added. Cats and Dogs under 25 pounds are permitted (pet fee applicable). $50 application fee for each applicant over 18, which includes credit and background check. Setup Fee applicable for pet owners. Don't miss this incredible opportunity to make this beautiful townhome your own!

🏘️ Neighborhood

Lakewood, Ohio sits just six miles west of downtown Cleveland along Lake Erie's southern shore. This historic "City of Homes" features housing options ranging from early 20th-century houses to high-rises along the Gold Coast. Currently, one-bedroom apartments average $935 monthly, while two-bedroom units typically rent for $1,312, reflecting year-over-year increases of 2.6% and 4.3% respectively. The city's walkable neighborhoods feature local shops and restaurants, with cultural destinations including the Beck Center for the Arts and Lakewood Public Library. Lakewood Park's lakefront promenade and Solstice Steps provide stunning views of Lake Erie and the Cleveland skyline. The historic Birdtown district, listed on the National Historic Register, showcases distinctive worker cottages from the 1890s. Residents have convenient access to downtown Cleveland through public transportation options, and the city maintains designated bicycle paths throughout. Learn more about living in Lakewood

🛡️ Renters Insurance — Estimated Cost

Based on what Ohio renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 756,038 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.