Cheap Apartments for Rent in Madras, OR from $455 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madras.

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Madras Estates
1 to 2 Bedroom Apartments

Madras Estates

242 SW 3rd StMadras, OR 97741
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Cascade Ridge
2 to 3 Bedroom Apartments

Cascade Ridge

366 SW M StMadras, OR 97741

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Nest
Rent Specials
$1,549 - $2,300

Total Monthly Price

Base Rent$1,549 - $2,300
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Nest

1609 SW Chandler AveBend, OR 97702
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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RedPoint
Rent Specials
$1,675 - $2,425

Total Monthly Price

Base Rent$1,675 - $2,425
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

RedPoint

1329 SW Pumice AveRedmond, OR 97756
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Oasis at 2600
Rent Specials
$1,725 - $1,899

Total Monthly Price

Base Rent$1,725 - $1,899
Total Monthly PriceVaries
2 Bedroom Apartments Available Now

Oasis at 2600

2600 NE Forum DrBend, OR 97701
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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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The Eddy
Rent Specials
$1,745 - $2,190

Total Monthly Price

Base Rent$1,745 - $2,190
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Eddy

801 SW Bradbury WayBend, OR 97702
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Range Apartments
Rent Specials
$1,745 - $2,950

Total Monthly Price

Base Rent$1,745 - $2,950
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Range Apartments

3001 NW Clearwater DrBend, OR 97703
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Jackstraw
Rent Specials
$1,750 - $3,675

Total Monthly Price

Base Rent$1,750 - $3,675
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Jackstraw

310 SW Industrial WayBend, OR 97701
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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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Madras, OR Local Guide

Cheapest Available Madras Apartments for Rent

 

The cheapest available apartment rental in Madras, OR is a 2 Beds unit found at Rolling Sage in the Jefferson County neighborhood priced from $455. Chennai Landing in the Jefferson County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Madras apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolling Sage2 Bed/1 Ba2BR, 1BA$455
Chennai Landing2 Bed/1 Ba2BR, 1BA$675
Nine Peaks1 Bed, 1 bath1BR, 1BA$915
336336 Red Cedar StudioStudio, 1BA$1,400
Vintage at Bend2B | Age 55+2BR, 1BA$1,414
Redmond LandingThe Landing2BR, 2BA$1,493
Outlook at Pilot ButteTanagerStudio, 1BA$1,518
Drexel Redmond Townhouses2BR/1.5BA2BR, 1BA$1,575
Dry CanyonStudioStudio, 1BA$1,575
The Mill at OchocoJuniper1BR, 1BA$1,589

Best Value Apartments for Rent in Madras, OR

As of September 22, 2026 the best value apartment in the Madras area is the $1.63 price per square foot The Deschutes Model at Redmond Landing starting from $1,912. The second greatest value Madras apartment is the Frontier Model at Ridgeview Heights starting at $1,750 with a $1.62 price per square foot. 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$1.63
Ridgeview HeightsFrontier2BR, 2BA$1.62
Mountain Glen Apartments2BR/1.5BA2BR, 1.5BA$1.85
Drexel Redmond Townhouses2BR/1.5BA2BR, 1.5BA$1.56
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR, 2BA$1.69
Stone Creek Apartments2 Bed/2 Bath2BR, 2BA$1.87
Rolling Sage2 Bed/1 Ba2BR, 1BA$0.52
Chennai Landing2 Bed/1 Ba2BR, 1BA$0.80
Vintage at Bend2B | Age 55+2BR, 1BA$1.77
Nine Peaks1 Bed, 1 bath1BR, 1BA$1.38

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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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 336 listed at $1,400.

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

The lowest price for a Cheap One Bedroom Madras Apartment is $915 at Nine Peaks.

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 $455 at Rolling Sage.

What is the most affordable Madras Three Bedroom Apartment?

The best deal on a cheap Madras Three Bedroom Apartment rental is at Chennai Landing and starts from $778.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.