Cheap 2 Bedroom Apartments for Rent in the Madison South Neighborhood of Portland, OR from $1,550 (17 Rentals)

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The Astoria
2 Bedroom Apartments

The Astoria

1913 NE 73rd AvePortland, OR 97213

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.

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The Binford
2 Bedroom Apartments

The Binford

1901 NE 70th AvePortland, OR 97213

The 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.

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Hancock East
2 Bedroom Apartments

Hancock East

10325 NE Hancock StPortland, OR 97220
  • Utilities Included
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Montavilla 5-Plex
2 Bedroom Apartments

Montavilla 5-Plex

1532-1540 NE 72nd AvePortland, OR 97213
  • Utilities Included
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Grotto Apartments
2 Bedroom Apartments

Grotto Apartments

8513-8531 NE Sandy BlvdPortland, OR 97220

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Par Villa
2 Bedroom Apartments

The Par Villa

7102-7112 NE Tillamook StPortland, OR 97213

Madison South, Portland, OR Local Guide

Quick 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.

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Getting Around the Madison South Neighborhood in Portland, OR

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Madison South Apartments

What is the price of a cheap apartment in Madison South?

The cheapest apartment in Madison South is Heights at Columbia Knoll Senior Apartments which is listed at $1,550, while the average apartment in Madison South costs $1,900.

What types of apartments are the cheapest in Madison South?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Madison South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.