
Cheap Apartments for Rent in Madras, OR from $1,200 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Madras.


248 SE 9th St

127 SE 11th St

586 SW 1st St

66 NE Oak St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

302 Leisek Way

Sage Springs High Desert Apartments

The Reserve @ Metolius

Rio Vista Apartments

Dry Canyon
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Nest

Outlook at Pilot Butte

StoneBriar Apartments

130 Jefferson Ave

213 NW 7th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Madras, OR Local Guide

How much does it cost to rent an apartment in Madras?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madras Studio Apartments | $1,708 | $1,350 | $2,345 |
Madras 1 Bedroom Apartments | $1,866 | $1,495 | $3,086 |
Madras 2 Bedroom Apartments | $2,209 | $1,275 | $4,325 |
Madras 3 Bedroom Apartments | $2,395 | $1,875 | $3,403 |
Madras 4 Bedroom Apartments | $2,661 | $2,495 | $2,795 |
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Madras, OR Local Guide
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Cheapest Available Madras Apartments for Rent and Nearby
 The cheapest available apartment rental in Madras, OR is a Studio unit found at The Reserve @ Metolius priced from $1,350. Dry Canyon has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Madras apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserve @ Metolius | The Square @ Metolius - Studio | Studio,1BA | $1,350 |
Dry Canyon | Studio | Studio,1BA | $1,550 |
Outlook at Pilot Butte | Tanager | Studio,1BA | $1,599 |
StoneBriar Apartments | 1x1 | 1BR,1BA | $1,600 |
Seasons at Farmington Reserve | Buckwheat | 1BR,1BA | $1,627 |
Best Value Apartments for Rent in Madras, OR and Nearby
As of May 17, 2025 the best value apartment in the Madras area is the $1.98 price per square foot 2 Model at Westmount Luxury Apartment Homes in the starting from $2,295. The second greatest value Madras apartment is the 3x2|2 Model at WILD HORSE MESA starting at $1,875 with a $1.66 price per square foot . Here is today’s list of the best values for Madras apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Westmount Luxury Apartment Homes | 2 | 1BR,1BA | $1.98 |
WILD HORSE MESA | 3x2|2 | 3BR,2BA | $1.66 |
Ridgeview Heights | Frontier | 2BR,2BA | $1.62 |
The Nest | B2 | 2BR,2BA | $2.05 |
Linden Lofts | 2 Bed | 2BR,2BA | $1.71 |
Cascade Ridge | 3 Bed 2 Bath | 3BR,2BA | $1.75 |
Salmon Crossing | 2 Bed/2 Bath | 2BR,2BA | $1.82 |
Escena Apartments | 2 Bedroom 1 Bathroom Top Floor (XL) | 2BR,1BA | $1.96 |
Stone Creek Apartments | 2 Bed/2 Bath | 2BR,2BA | $1.87 |
The Commons @ Pilot Butte Apartment Homes | OBSIDIAN | 2BR,2BA | $2.03 |
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.
Best Local Schools in Madras, OR
Madras Elementary School
Buff Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madras, OR Rentals by Map
See the most popular apartments and homes in Madras, OR
Getting Around Madras, OR
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madras Apartments
What is the Cheapest Studio apartment in Madras?
Currently the most affordable Cheap Studio Apartment in Madras is at The Reserve @ Metolius listed at $1,350.
How much is rent for a Cheap One Bedroom Madras Apartment?
The lowest price for a Cheap One Bedroom Madras Apartment is $1,495 at The Reserve @ Metolius.
What is the lowest price for a Cheap Two Bedroom Madras Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madras is starting from $1,655 at WILD HORSE MESA.
What is the most affordable Madras Three Bedroom Apartment?
The best deal on a cheap Madras Three Bedroom Apartment rental is at Cascade Ridge and starts from $1,769.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.