
Cheap Homes for Rent in Madison South Neighborhood of Portland, OR from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison South area of Portland.


2208-2208 NE 80th Ave

1328 NE 68th Ave

4137 NE 82nd Ave

9221 NE Skidmore St
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 | $2,159 | $1,595 | $3,500 |
Madison South 3 Bedroom Homes for Rent | $2,661 | $2,595 | $2,695 |
Madison South 4 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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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 Heights at Columbia Knoll Senior Apartments priced from $1,295. Terrace At Columbia Knoll Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here are the most affordable Madison South apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,295 |
Terrace At Columbia Knoll Apartments | 2 Bedroom, 1.5 Bath | 2BR,1BA | $1,425 |
Rose City Center Apartments - 55 and Over | 315 | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Madison South, OR
As of September 13, 2025 the best value apartment in the Madison South area is the $1.63 price per square foot 2 BEDROOM 1 BATH 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 2 Bedroom, 1.5 Bath Model at Terrace At Columbia Knoll Apartments starting at $1,425 with a $1.63 price per square foot in the Cully 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 | 2 BEDROOM 1 BATH | 2BR,1BA | $1.63 |
Terrace At Columbia Knoll Apartments | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.63 |
1613 NE 81st Ave, Unit 1613 | 1613 NE 81st Ave | 2BR,1BA | $2.25 |
The Binford | 1x1 | 1BR,1BA | $2.06 |
Rose City Center Apartments - 55 and Over | 315 | 1BR,1BA | $2.21 |
Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1.93 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMadison South, Portland, OR
Ranked #131
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Madison South, Portland, OR
Leodis V. McDaniel High School
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 76 Apartments for Rent in Madison South, OR with pricing that ranges from $925 to $1,950. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison South ranging from $1,300 to $3,500.
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 $1,300 to $3,500 with an average monthly rent of $2,165.
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.

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.

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.