
Cheap Homes for Rent in Madras, OR from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Madras.


1444 NW Canyon Dr

8483 N W Lone Pine Rd

218 SW 7th St

296 NE A St

307 NE Miller St
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.

594 SW 3rd St

210 SW 17th St

8662 Northwest 8th St

681 SE D St

548 NE Negus Lp

640 SE Conifer Ct
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.

860 NE B St
Madras, OR Local Guide

How much does it cost to rent a home in Madras?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Madras 2 Bedroom Homes for Rent | $1,869 | $1,495 | $2,200 | 
| Madras 3 Bedroom Homes for Rent | $2,375 | $1,450 | $5,900 | 
| Madras 4 Bedroom Homes for Rent | $2,798 | $2,795 | $2,800 | 
Browse Top Homes for Rent in Madras
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Madras, OR Local Guide
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Cheapest Available Madras Apartments for Rent and Nearby
 The cheapest available apartment rental in Madras, OR is a Studio unit found at Awbrey Pines on the Butte in the River West neighborhood priced from $995. Vintage at Bend in the Orchard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,096. Here is today’s list of the most affordable Madras apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Awbrey Pines on the Butte | Studio | Studio,1BA | $995 | 
| Vintage at Bend | 1C | Age 55+ | 1BR,1BA | $1,096 | 
| Lakeside Place Apartments | 1C | Studio,1BA | $1,340 | 
| Redmond Landing | The Landing | 2BR,2BA | $1,424 | 
| Rio Vista Apartments | Two Bed | 2BR,1BA | $1,445 | 
Best Value Apartments for Rent in Madras, OR and Nearby
As of November 04, 2025 the best value apartment in the Madras area is the $1.76 price per square foot 3x2 A Model at RedPoint in the starting from $2,299. The second greatest value Madras apartment is the 1 Model at Westmount Luxury Apartment Homes starting at $2,200 with a $1.70 price per square foot . Here is today’s list of the best values for Madras apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| RedPoint | 3x2 A | 3BR,2BA | $1.76 | 
| Westmount Luxury Apartment Homes | 1 | 2BR,2BA | $1.70 | 
| Escena Apartments | 3 Bedroom 2 Bathroom 2nd Floor | 3BR,2BA | $1.69 | 
| Redmond Landing | The Deschutes | 4BR,2BA | $1.55 | 
| Ridgeview Heights | Frontier | 2BR,2BA | $1.62 | 
| #190 WILD HORSE MESA | 2x2m|2 | 2BR,2BA | $1.63 | 
| Drexel Redmond Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.58 | 
| Edgewater Apartments | 377 Reed Market 2 Bed 2 Bath | 2BR,2BA | $1.90 | 
| Rio Vista Apartments | Two Bed | 2BR,1BA | $1.52 | 
| Vintage at Bend | 1C | Age 55+ | 1BR,1BA | $1.83 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Madras, OR
Madras Elementary School
Buff Intermediate School
School data provided by Great Schools
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 75 Apartments for Rent in Madras, OR with pricing that ranges from $553 to $4,250. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madras ranging from $1,450 to $5,900.
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 $5,900 with an average monthly rent of $2,058.
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 $1,595 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,900. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,823.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.