
Cheap Homes for Rent in Madras, OR from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Madras.


586 SW 1st St

130 Jefferson Ave
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.

213 NW 7th St

66 NE Oak St

932 SE Kierra Pl
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.

2025 NW Elm Ave

136 NE B St

318 NE Hillcrest 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.

528 NE Negus Loop
Madras, OR Local Guide

How much does it cost to rent a home in Madras?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madras 2 Bedroom Homes for Rent | $1,619 | $1,395 | $2,395 |
Madras 3 Bedroom Homes for Rent | $2,345 | $1,550 | $3,500 |
Madras 4 Bedroom Homes for Rent | $2,525 | $2,300 | $2,750 |
Madras 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Top Homes for Rent in Madras
Explore Madras
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. StoneBriar Apartments in the Old Mill District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. 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 |
StoneBriar Apartments | 1x1 | 1BR,1BA | $1,600 |
The Current | The Santiam | Studio,1BA | $1,619 |
Best Value Apartments for Rent in Madras, OR and Nearby
As of May 14, 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 Frontier Model at Ridgeview Heights starting at $1,750 with a $1.62 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 |
Ridgeview Heights | Frontier | 2BR,2BA | $1.62 |
The Nest | B2 | 2BR,2BA | $2.05 |
Linden Lofts | 2 Bed | 2BR,2BA | $1.71 |
WILD HORSE MESA | 2x2s|2 | 2BR,2BA | $1.65 |
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 |
Oasis at 2600 | 2x1 | 2BR,1BA | $2.02 |
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.
Frequently Asked Questions about Madras
What type of rentals are currently available in Madras?
There are currently 63 Apartments for Rent in Madras, OR with pricing that ranges from $1,299 to $4,325. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madras ranging from $1,395 to $3,500.
What is the current price range for Rental Homes in Madras?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madras ranges from $1,395 to $3,500 with an average monthly rent of $2,184.
How much are larger Three and Four Bedroom Rentals in Madras?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madras range from $2,000 to $3,336, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,495.
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.