Cheap Apartments for Rent in Madras, OR from $800 (27 Rentals)

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Madras Estates
1 to 2 Bedroom Apartments

Madras Estates

242 SW 3rd StMadras, OR 97741
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Cascade Ridge
2 to 3 Bedroom Apartments

Cascade Ridge

366 SW M StMadras, OR 97741

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Nest
$1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,599
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Nest

1609 SW Chandler AveBend, OR 97702
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-27, Page 1 of 1

Madras, OR Local Guide

Cheapest Available Madras Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madras, OR is a 1 Bed unit found at Vintage at Bend in the Orchard neighborhood priced from $1,188. Nova Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Madras apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vintage at Bend1C | Age 55+1BR,1BA$1,188
Nova ApartmentsSmaller StudioStudio,1BA$1,250
McKenzie Meadows Apartments1 Bedroom Affordable Housing Units1BR,1BA$1,300
Redmond LandingThe Landing2BR,2BA$1,412
Cascade Ridge2 Bed 1 Bath2BR,1BA$1,460
Introducing Dry Canyon – Redmond’s newest Luxury ApartmentsStudioStudio,1BA$1,499
Outlook at Pilot ButteTanagerStudio,1BA$1,519
The Mill at OchocoJuniper1BR,1BA$1,589
The NestA4Studio,1BA$1,599
Seasons at Farmington ReserveSweetcorn1BR,1BA$1,612

Best Value Apartments for Rent in Madras, OR and Nearby

As of May 06, 2026 the best value apartment in the Madras area is the $1.54 price per square foot The Deschutes Model at Redmond Landing in the starting from $1,809. The second greatest value Madras apartment is the QUARTZ Model at The Commons @ Pilot Butte Apartment Homes starting at $2,415 with a $2.08 price per square foot in the Orchard neighborhood. Here is today’s list of the best values for Madras apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redmond LandingThe Deschutes4BR,2BA$1.54
The Commons @ Pilot Butte Apartment HomesQUARTZ3BR,2BA$2.08
Ridgeview HeightsFrontier2BR,2BA$1.62
Edgewater Apartments369 Reed Market 2 Bed 2 Bath2BR,2BA$1.90
Stone Creek Apartments2 Bed/2 Bath2BR,2BA$1.87
North 882 Bedroom2BR,2BA$1.98
Oasis at 26002x12BR,1BA$2.11
Cascade Ridge2 Bed 1 Bath2BR,1BA$1.84
Bellevue Crossing ApartmentsThe Cascade1BR,1BA$2.20
Vintage at Bend1C | Age 55+1BR,1BA$1.98

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Frequently Asked Questions about Cheap Madras Apartments

What is the Cheapest Studio apartment in Madras?

Currently the most affordable Cheap Studio Apartment in Madras is at Nova Apartments listed at $1,250.

How much is rent for a Cheap One Bedroom Madras Apartment?

The lowest price for a Cheap One Bedroom Madras Apartment is $1,188 at Vintage at Bend.

What is the lowest price for a Cheap Two Bedroom Madras Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madras is starting from $1,412 at Redmond Landing.

What is the most affordable Madras Three Bedroom Apartment?

The best deal on a cheap Madras Three Bedroom Apartment rental is at Redmond Landing and starts from $1,627.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.