Cheap Apartments for Rent in the Madison South Neighborhood of Portland, OR from $900 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison South area of Portland.

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JOHN JAMES
Studio Apartments

JOHN JAMES

4125 NE 82nd AvePortland, OR 97220
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The Squire
1 to 2 Bedroom Apartments

The Squire

10315-10339 NE Fremont StPortland, OR 97220

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Madison South, Portland, OR Local Guide

Cheapest Available Madison South Apartments for Rent

 

The cheapest available apartment rental in the Madison South area of Portland, OR is a Studio unit found at Buri Building priced from $934. Heights at Columbia Knoll Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Madison South apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Buri BuildingStudio SIMStudio,1BA$934
Heights at Columbia Knoll Senior Apartments1-Bedroom1BR,1BA$1,075
Rose City Center Apartments - 55 and Over1111BR,1BA$1,225
Terrace At Columbia Knoll Apartments1 Bedroom, 1 Bath1BR,1BA$1,260
Grant Park VillageStudio A- HenshawStudio,1BA$1,274

Best Value Apartments for Rent in Madison South, OR

As of April 13, 2025 the best value apartment in the Madison South area is the $1.83 price per square foot 2 BEDROOM 1 BATH Model at Beverly Grove Apartments in the in the East Portland neighborhood starting from $1,675. The second greatest value Madison South apartment is the 3BR/1.0BA Model at Sandy Terrace Apartments starting at $1,649 with a $1.91 price per square foot in the Argay neighborhood. Here is today’s list of the best values for Madison South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beverly Grove Apartments2 BEDROOM 1 BATH2BR,1BA$1.83
Sandy Terrace Apartments3BR/1.0BA3BR,1BA$1.91
The Bluebird2 Bedroom2BR,1BA$1.89
Heights at Columbia Knoll Senior Apartments1-Bedroom1BR,1BA$1.60
Terrace At Columbia Knoll Apartments1 Bedroom, 1 Bath1BR,1BA$2.11
The Hawthorne1x1u1BR,1BA$2.68
Rose City Center Apartments - 55 and Over1111BR,1BA$2.13
107th Apartments1x1 with Yard1BR,1BA$2.94
Grant Park VillageOne Bed One Bath C- Quimby1BR,1BA$2.91
Buri BuildingStudio SIMStudio ,1BA$2.67

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Pet Friendly Lifestyle
Madison South, Portland, OR

Ranked #143

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Madison South Neighborhood in Portland, OR

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Madison South Apartments

What is the Cheapest Studio apartment in Madison South?

Currently the most affordable Cheap Studio Apartment in Madison South is at Buri Building listed at $934.

How much is rent for a Cheap One Bedroom Madison South Apartment?

The lowest price for a Cheap One Bedroom Madison South Apartment is $978 at Buri Building.

What is the lowest price for a Cheap Two Bedroom Madison South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison South is starting from $1,295 at Heights at Columbia Knoll Senior Apartments.

What is the most affordable Madison South Three Bedroom Apartment?

The best deal on a cheap Madison South Three Bedroom Apartment rental is at Terrace At Columbia Knoll Apartments and starts from $1,634.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.