1707 US-26
MadrasOR97741
Cheap Homes for Rent in Madras, OR from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Madras.
8392 US-97
TerrebonneOR97760
127 SE 11th St
MadrasOR97741
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.
219 NW 6th St
RedmondOR97756
2018-2018 SW Reindeer Ave
RedmondOR97756
178 SW Ivy Ct
PrinevilleOR97754
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.
210 SW 17th St
RedmondOR97756
Showing Results 1-7, Page 1 of 1
Madras, OR Local Guide
Cat on a Fence in Oregon by Ian Sane is licensed under CC BY 2.0
How much does it cost to rent a home in Madras?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madras 2 Bedroom Homes for Rent | $1,800 | $1,375 | $2,300 |
| Madras 3 Bedroom Homes for Rent | $2,441 | $1,795 | $3,650 |
| Madras 4 Bedroom Homes for Rent | $3,250 | $2,300 | $4,200 |
Browse Top Homes for Rent in Madras
Explore Madras
Madras, OR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Madras Apartments for Rent
The cheapest available apartment rental in Madras, OR is a 1 Bed unit found at Nine Peaks in the Orchard neighborhood priced from $915. McKenzie Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Madras apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nine Peaks | 1 Bed, 1 bath | 1BR,1BA | $915 |
| McKenzie Meadows Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| Vintage at Bend | 2B | Age 55+ | 2BR,1BA | $1,414 |
Best Value Apartments for Rent in Madras, OR
As of June 19, 2026 the best value apartment in the Madras area is the $1.93 price per square foot Deschutes w/Covered Parking + Storage Model at The Veridian in the in the River West neighborhood starting from $2,650. The second greatest value Madras apartment is the The Deschutes Model at Redmond Landing starting at $1,912 with a $1.63 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. |
|---|---|---|---|
| The Veridian | Deschutes w/Covered Parking + Storage | 2BR,2.5BA | $1.93 |
| Redmond Landing | The Deschutes | 4BR,2BA | $1.63 |
| Seasons at Farmington Reserve | Haystack | 2BR,2BA | $1.83 |
| Ridgeview Heights | Frontier | 2BR,2BA | $1.62 |
| Escena Apartments | 2 Bedroom 2 Bathroom Top Floor. | 2BR,2BA | $1.95 |
| 356 - Canal Vista | 3780 Canal Vista 2 Bed 2 Bath | 2BR,2BA | $1.79 |
| Stone Creek Apartments | 2 Bed/2 Bath | 2BR,2BA | $1.87 |
| Sienna Pointe | Sage | 2BR,1BA | $2.10 |
| Vintage at Bend | 2B | Age 55+ | 2BR,1BA | $1.77 |
| Nine Peaks | 1 Bed, 1 bath | 1BR,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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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.
Let everyone know!
Do you know the Madras area?
If you’re an expert on all things Madras, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Madras, OR
Madras Elementary School
Jefferson County School District 509j
Public School - Grades K-5 (363)
2 out of 10
Buff Intermediate School
Jefferson County School District 509j
Public School - Grades K-5 (274)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madras, OR Rentals by Map
See the most popular apartments and homes in Madras, OR
Frequently Asked Questions about Madras
What type of rentals are currently available in Madras?
There are currently 85 Apartments for Rent in Madras, OR with pricing that ranges from $770 to $4,474. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madras ranging from $525 to $4,200.
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 $525 to $4,200 with an average monthly rent of $2,190.
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 $1,150 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,912.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.