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$1,395 - $1,4451 Bedroom Apartments Available Now
Rose City Center Apartments - 55 and Over
6819 NE Sandy BlvdPortland, OR 97213
Cheap Apartments for Rent in the Madison South Neighborhood of Portland, OR from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison South area of Portland.
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$1,450 - $1,9802 to 3 Bedroom Apartments Available Now
Beverly Grove Apartments
1820 NE 104th AvePortland, OR 97220
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$1,575
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,575
Total Monthly Price
$1,575
3123 NE 67th Ave, Unit 3123, Unit 3123
3123 NE 67th AvePortland, OR 97213
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1 Bedroom Apartments
10331-10341 NE Fargo St
10331-10341 NE Fargo StPortland, OR 97220
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1 to 2 Bedroom Apartments
Hillside Terrace Condominiums
1300 NE 68th AvePortland, OR 97213
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1 to 2 Bedroom Apartments
Grotto Apartments
8513-8531 NE Sandy BlvdPortland, OR 97220
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2 Bedroom Apartments
3241-3305 NE 70th Ave
3241-3305 NE 70th AvePortland, OR 97213
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.
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1 to 2 Bedroom Apartments
4320-4328 NE Maywood Pl
4320-4328 NE Maywood PlPortland, OR 97220
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1 to 2 Bedroom Apartments
7408 NE Broadway St
7408 NE Broadway StPortland, OR 97213
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1 to 2 Bedroom Apartments
The Par Villa
7102-7112 NE Tillamook StPortland, OR 97213
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Studio to 2 Bedroom Apartments
John James Apartments
4125 NE 82nd AvePortland, OR 97220
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1 to 3 Bedroom Apartments
Terrace At Columbia Knoll Apartments
8212 NE Sandy BlvdPortland, OR 97220
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1 to 3 Bedroom Apartments
Fairmont Villa Apartments
10445-10465 NE Weidler StPortland, OR 97220
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1 to 3 Bedroom Apartments
Sierra Terrace Apartments
10231 NE Tillamook StPortland, OR 97220
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.
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1 to 2 Bedroom Apartments
The Astoria
1913 NE 73rd AvePortland, OR 97213
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1 to 3 Bedroom Apartments
The Binford
1901 NE 70th AvePortland, OR 97213
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2 to 3 Bedroom Apartments
FirCrest Manor Apartments
6822 NE Multnomah StPortland, OR 97213
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1 to 2 Bedroom Apartments
The Clairmont Apartments
3929 NE 78th AvePortland, OR 97213
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1 to 3 Bedroom Apartments
Hancock East Apartments
10325 NE Hancock StPortland, OR 97220
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2 Bedroom Apartments
Montavilla 5-Plex
1532-1540 NE 72nd AvePortland, OR 97213
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Studio to 4 Bedroom Apartments
Broadway Vantage Apartments
8340 NE Broadway StPortland, OR 97220
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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1 to 2 Bedroom Apartments
Marin Terrace Apartments
1402-1434 NE 69th AvePortland, OR 97213
Showing Results 1-22, Page 1 of 1
Madison South, Portland, OR Local Guide
How much does it cost to rent an apartment in Madison South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison South 1 Bedroom Apartments | $1,409 | $1,099 | $1,650 |
| Madison South 2 Bedroom Apartments | $1,539 | $1,199 | $2,095 |
| Madison South 3 Bedroom Apartments | $1,940 | $1,900 | $1,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Madison South Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Madison South, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Madison South Apartments for Rent
The cheapest available apartment rental in the Madison South area of Portland, OR is a 1 Bed unit found at The Ellington Apartments priced from $1,099. Heights at Columbia Knoll Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Madison South apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Ellington Apartments | 1x1 D | 1BR,1BA | $1,099 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,295 |
| Rose City Center Apartments - 55 and Over | #407 | 1BR,1BA | $1,395 |
| Beverly Grove Apartments | 2 BEDROOM 1 BATH | 2BR,1BA | $1,450 |
| Terrace At Columbia Knoll Apartments | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Madison South, OR
As of April 20, 2026 the best value apartment in the Madison South area is the $1.85 price per square foot 3 BEDROOM 1 BATH Model at Beverly Grove Apartments in the in the East Portland neighborhood starting from $1,980. The second greatest value Madison South apartment is the 3123 NE 67th Ave Model at 3123 NE 67th Ave, Unit 3123 starting at $1,575 with a $1.66 price per square foot in the Madison South neighborhood. Here is today’s list of the best values for Madison South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Beverly Grove Apartments | 3 BEDROOM 1 BATH | 3BR,1BA | $1.85 |
| 3123 NE 67th Ave, Unit 3123 | 3123 NE 67th Ave | 1BR,1BA | $1.66 |
| Terrace At Columbia Knoll Apartments | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.71 |
| The Binford | 1x1 | 1BR,1BA | $1.99 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1.93 |
| The Ellington Apartments | 1x1 D | 1BR,1BA | $1.91 |
| Rose City Center Apartments - 55 and Over | #203 | 1BR,1BA | $2.51 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
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 ArticleCash 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.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
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.
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Best Local Schools in Madison South, Portland, OR
Leodis V. McDaniel High School
Portland School District 1j
Public School - Grades 9-12 (1440)
4 out of 10
School data provided by Great Schools
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 The Ellington Apartments which is listed at $1,099, while the average apartment in Madison South costs $1,940.
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 5 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
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.
Helpful Local Expert Guides
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.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.