8912 NE Russell St
PortlandOR97220
Cheap Homes for Rent in the Madison South Neighborhood of Portland, OR from $670 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison South area of Portland.
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
1336 NE 68th Ave
PortlandOR97213
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Madison South, Portland, OR Local Guide
How much does it cost to rent a home in Madison South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison South 2 Bedroom Homes for Rent | $2,080 | $1,550 | $2,390 |
| Madison South 3 Bedroom Homes for Rent | $2,842 | $2,195 | $3,495 |
| Madison South 4 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Madison South Neighborhood of Portland, OR.
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Madison South, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Best Value Apartments for Rent in Madison South, OR
As of August 31, 2026 the best value apartment in the Madison South area is the $1.63 price per square foot 2BR/1.0BA Model at Beverly Grove Apartments in the in the East Portland neighborhood starting from $1,495. 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 | $1.63 |
| The Ellington Apartments | 2x1 D | 2BR,1BA | $1.45 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $2.24 |
| Rose City Center Apartments - 55 and Over | #203 | 1BR,1BA | $2.43 |
| 8933 NE Thompson St, Unit Garden studio | 8933 NE Thompson St | Studio ,1BA | $4.33 |
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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Best Local Schools in Madison South, Portland, OR
Leodis V. McDaniel High School
Portland School District 1j
Public School - Grades 9-12 (1681)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Madison South
What type of rentals are currently available in Madison South?
There are currently 78 Apartments for Rent in Madison South, OR with pricing that ranges from $1,199 to $2,600. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison South ranging from $670 to $3,495.
What is the current price range for Rental Homes in Madison South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison South ranges from $670 to $3,495 with an average monthly rent of $2,284.
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
From Arts to Eats: A Local Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.