Cheap Homes for Rent in Madras, OR from $1,400 (12 Rentals)

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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.

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.

Madras, OR Local Guide

Cheapest Available Madras Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madras, OR is a 2 Beds unit found at Vintage at Bend in the Orchard neighborhood priced from $1,308. Rio Vista Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,495. Here is today’s list of the most affordable Madras apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vintage at Bend2C | Age 55+2BR,1BA$1,308
Rio Vista ApartmentsTwo Bed2BR,1BA$1,495
The CurrentThe SantiamStudio,1BA$1,499
The Hixon at Westside YardSimpson1BR,1BA$1,522
Introducing Dry CanyonStudioStudio,1BA$1,565

Best Value Apartments for Rent in Madras, OR and Nearby

As of September 08, 2025 the best value apartment in the Madras area is the $1.58 price per square foot 4 Beds, 3 Baths Model at 2141 SW 19th St in the starting from $2,800. The second greatest value Madras apartment is the 3x2 A Model at RedPoint starting at $2,366 with a $1.81 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.
2141 SW 19th St4 Beds, 3 Baths4BR,3BA$1.58
RedPoint3x2 A3BR,2BA$1.81
Westmount Luxury Apartment Homes12BR,2BA$1.70
Linden Lofts2 Bed2BR,2BA$1.71
Cascade Ridge3 Bed 2 Bath3BR,2BA$1.64
Drexel Redmond Apartments2BR/1.5BA2BR,1.5BA$1.76
#190 WILD HORSE MESA2x2s|32BR,2BA$1.62
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR,2BA$1.77
Rio Vista ApartmentsTwo Bed2BR,1BA$1.57
Vintage at Bend2C | Age 55+2BR,1BA$1.63

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Madras

What type of rentals are currently available in Madras?

There are currently 69 Apartments for Rent in Madras, OR with pricing that ranges from $1,096 to $4,477. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madras ranging from $1,450 to $3,300.

What is the current price range for Rental Homes in Madras?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madras ranges from $1,450 to $3,300 with an average monthly rent of $2,154.

How much are larger Three and Four Bedroom Rentals in Madras?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madras range from $2,000 to $4,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,800.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.