Zumper
modified
Updated 5+ Days Ago

Highlights

  • Heat included
  • Spacious apartment
  • Frost free refrigerator
  • Hardwood floors throughout
  • Beautiful balcony
  • Kitchen features a gas stove

Location

16400 Madison Ave # 04, Lakewood, OH 44107, USA|Lakewood
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Contact

Management

Allegro Realty PM LLC

Leasing office

(844) 336-1024 ext. 7772

Property Overview

Woodward earns a strong overall rating with especially high marks for price and location, along with solid scores for amenities and trustworthiness. Key perks include heat included, a spacious apartment, hardwood floors throughout, a beautiful balcony, and a kitchen with a gas stove and frost-free refrigerator, while its close proximity to a top-rated middle school and 22 photos add to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Woodward is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Woodward has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Images Available

Great for

  • Wellness

Floor plans

Woodward - 12 bed1 bath$1,375 /moTwo bedroom luxury apartment in the Woodward Apartments - Additional luxury suites available! All common areas are in the midst of complete renovation as well! The Woodward Apartments are located along the edge of Lakewood's West End on Madison Ave. The spacious suites have been completely renovated providing for every amenity you need and want: - Luxury vinyl plank flooring throughout - LED lighting - Central Air Conditioning - Dedicated Heat source - New 100 amp electric service - Ceiling Fans - In suite laundry - New plumbing The Open Kitchen flows into the spacious living area and features: - White shaker cabinetry with soft closers - Extended height wall cabinetry -Floating shelves - Granite counter tops - Subway Tile Backsplash - New Plumbing Fixtures - Stainless steel appliances - Recessed lighting and pendant lights The bathroom features: - New shower with glass doors - New bath tub surround - New Plumbing Fixtures - Frosted windows - Ventilation to the exterior - Oversized mir

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Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Building details

Property details

Units1

About Woodward

HomeApartments in LakewoodLakewood Woodward

Two bedroom luxury apartment in the Woodward Apartments - Additional luxury suites available! All common areas are in the midst of complete renovation as well! The Woodward Apartments are located along the edge of Lakewood's West End on Madison Ave. The spacious suites have been completely renovated providing for every amenity you need and want: - Luxury vinyl plank flooring throughout - LED lighting - Central Air Conditioning - Dedicated Heat source - New 100 amp electric service - Ceiling Fans - In suite laundry - New plumbing The Open Kitchen flows into the spacious living area and features: - White shaker cabinetry with soft closers - Extended height wall cabinetry -Floating shelves - Granite counter tops - Subway Tile Backsplash - New Plumbing Fixtures - Stainless steel appliances - Recessed lighting and pendant lights The bathroom features: - New shower with glass doors - New bath tub surround - New Plumbing Fixtures - Frosted windows - Ventilation to the exterior - Oversized mirror Other features include: - double pane thermal insulated windows - Window coverings - 24/7 emergency maintenance - Responsive management team The monthly rent includes water/sewer and trash disposal. DON'T MISS OUT ON THIS GEM! ASK HOW YOU MAY QUALIFY FOR FIRST MONTH FREE!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Woodward is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Woodward has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Woodward
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Woodward stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Woodward is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Woodward is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Woodward to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Woodward is great for:

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • On-site fitness or wellness programs
  • 16 health/wellness centers nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Woodward compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 miles away
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from high schools
The nearest high school is farther than 1.1 miles away
Greater distance from grade schools
The nearest elementary school is farther than 0.5 miles away

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Rent trends in Lakewood

2-bedroom apartments at Woodward cost about 2% more than the average rent price for 2-bedroom apartments in Lakewood.

Median rents as of Oct 31 2026.
Lakewood
Lakewood
A table of studio rental data trends in Lakewood
MonthMedian Rent
November 2024$853
December 2024$807
January 2025$797
February 2025$996
March 2025$967
April 2025$806
May 2025$796
June 2025$780
July 2025$803
August 2025$820
September 2025$837
October 2025$846
November 2025$923
December 2025$902
January 2026$842
February 2026$848
March 2026$820
April 2026$889
May 2026$871
June 2026$827
July 2026$799
August 2026$817
September 2026$806
October 2026$825
A table of studio rental data trends in Lakewood
MonthMedian Rent
November 2024$853
December 2024$807
January 2025$797
February 2025$996
March 2025$967
April 2025$806
May 2025$796
June 2025$780
July 2025$800
August 2025$820
September 2025$837
October 2025$846
November 2025$923
December 2025$860
January 2026$860
February 2026$848
March 2026$820
April 2026$889
May 2026$871
June 2026$845
July 2026$800
August 2026$821

Affordability calculator

Can I afford to live at 16400 Madison Ave # 04?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$55,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 2-bedrooms monthly rent price of $1,375.
For more information on rent affordability, visit our rent calculator.

Schools near Woodward

Grant Elementary School

1470 victoria ave

lakewood, OH, 44107

PK, K-5Public
A

Franklin School of Opportunity Online

13465 franklin blvd

lakewood, OH, 44107

2-12Public

Taft Center for Innovation

13701 lake ave

lakewood, OH, 44107

PKPublic

Rocky River Early Childhood Center At Beach School

1101 morewood pkwy

rocky river, OH, 44116

PKPublic

William Rainey Harper

5515 ira ave

cleveland, OH, 44144

PK, K-7Public
C
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Getting around Lakewood near 16400 Madison Ave # 04

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 16400 Madison Ave # 04, Lakewood

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

9/10
Wide variety of bars within a few minutes' walk

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