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$1,475 - $1,4952 Bedroom Apartments Available Now
Beverly Grove Apartments
1820 NE 104th AvePortland, OR 97220
Cheap Apartments for Rent in the Madison South Neighborhood of Portland, OR from $900 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison South area of Portland.
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$1,345 - $1,395
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1 Bedroom Apartments Available NowTotal Monthly Price
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$1,345 - $1,395
Total Monthly Price
$1,345 - $1,395
Rose City Center Apartments - 55 and Over
6819 NE Sandy BlvdPortland, OR 97213
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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
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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
4320-4328 NE Maywood Pl
4320-4328 NE Maywood PlPortland, OR 97220
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
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
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1 to 2 Bedroom Apartments
The Astoria
1913 NE 73rd AvePortland, OR 97213
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 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
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1 to 2 Bedroom Apartments
Marin Terrace Apartments
1402-1434 NE 69th AvePortland, OR 97213
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.
Showing Results 1-21, 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 | $1,340 | $1,295 | $1,395 |
| Madison South 2 Bedroom Apartments | $1,346 | $1,199 | $2,045 |
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 21 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 2 Beds unit found at The Ellington Apartments priced from $1,199. Terrace At Columbia Knoll 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 | 2x1 U | 2BR,1BA | $1,199 |
| Terrace At Columbia Knoll Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,295 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,295 |
| Rose City Center Apartments - 55 and Over | #407 | 1BR,1BA | $1,345 |
| Beverly Grove Apartments | 2BR/1.0BA | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in Madison South, OR
As of June 04, 2026 the best value apartment in the Madison South area is the $1.61 price per square foot 2BR/1.0BA Model at Beverly Grove Apartments in the in the East Portland neighborhood starting from $1,475. The second greatest value Madison South apartment is the 2x1 D Model at The Ellington Apartments starting at $1,199 with a $1.45 price per square foot in the Southeast Portland 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 | 2BR/1.0BA | 2BR,1BA | $1.61 |
| The Ellington Apartments | 2x1 D | 2BR,1BA | $1.45 |
| The Binford | 1x1 | 1BR,1BA | $1.99 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1.93 |
| Terrace At Columbia Knoll Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.17 |
| Rose City Center Apartments - 55 and Over | #203 | 1BR,1BA | $2.43 |
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!
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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 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 ArticleReal 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.
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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 Terrace At Columbia Knoll Apartments which is listed at $1,295, while the average apartment in Madison South costs $1,335.
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
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
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.