
Cheap Homes for Rent in Madras, OR from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Madras.


555 SW 1st St

156 SW 3rd 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.

2172 SW Dover Ln

1547 SW 36th Loop

207 SW Ewen St

210 SW 17th St

685 Deer Ridge Ct

338 Leisek Way

1339 SW 16th St

1456 SW 16th St

4520 Oneil Hwy
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

How much does it cost to rent a home in Madras?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madras 2 Bedroom Homes for Rent | $1,818 | $1,450 | $2,300 |
Madras 3 Bedroom Homes for Rent | $2,360 | $1,450 | $3,300 |
Madras 4 Bedroom Homes for Rent | $2,798 | $2,500 | $3,200 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vintage at Bend | 2C | Age 55+ | 2BR,1BA | $1,308 |
Rio Vista Apartments | Two Bed | 2BR,1BA | $1,495 |
The Current | The Santiam | Studio,1BA | $1,499 |
The Hixon at Westside Yard | Simpson | 1BR,1BA | $1,522 |
Introducing Dry Canyon | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2141 SW 19th St | 4 Beds, 3 Baths | 4BR,3BA | $1.58 |
RedPoint | 3x2 A | 3BR,2BA | $1.81 |
Westmount Luxury Apartment Homes | 1 | 2BR,2BA | $1.70 |
Linden Lofts | 2 Bed | 2BR,2BA | $1.71 |
Cascade Ridge | 3 Bed 2 Bath | 3BR,2BA | $1.64 |
Drexel Redmond Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.76 |
#190 WILD HORSE MESA | 2x2s|3 | 2BR,2BA | $1.62 |
356 - Canal Vista | 3770 Canal Vista 2 Bed 2 Bath | 2BR,2BA | $1.77 |
Rio Vista Apartments | Two Bed | 2BR,1BA | $1.57 |
Vintage at Bend | 2C | Age 55+ | 2BR,1BA | $1.63 |
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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!
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 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.

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.

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.

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.