
Cheap Apartments for Rent in the Madison South Neighborhood of Portland, OR from $900 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison South area of Portland.


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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

How much does it cost to rent an apartment in Madison South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison South Studio Apartments | $2,115 | $1,125 | $3,580 |
Madison South 1 Bedroom Apartments | $1,890 | $1,075 | $4,055 |
Madison South 2 Bedroom Apartments | $2,214 | $1,350 | $4,756 |
Madison South 3 Bedroom Apartments | $1,791 | $1,649 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 9 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 Studio unit found at JOHN JAMES priced from $925. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
JOHN JAMES | 0x1 | Studio,1BA | $925 |
Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,075 |
Rose City Center Apartments - 55 and Over | 111 | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Madison South, OR
As of March 13, 2025 the best value apartment in the Madison South area is the $1.72 price per square foot 2x1 Model at The Binford in the in the Southeast Portland neighborhood starting from $1,795. The second greatest value Madison South apartment is the 2 BEDROOM 1 BATH Model at Beverly Grove Apartments starting at $1,675 with a $1.83 price per square foot in the East 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. |
---|---|---|---|
The Binford | 2x1 | 2BR,1BA | $1.72 |
Beverly Grove Apartments | 2 BEDROOM 1 BATH | 2BR,1BA | $1.83 |
Heights at Columbia Knoll Senior Apartments | 2-Bedroom | 2BR,2BA | $1.73 |
Hancock East | 2BR/2.0BA | 2BR,2BA | $1.66 |
Sandy Terrace Apartments | 3BR/1.0BA | 3BR,1BA | $1.91 |
The Bluebird | 2 Bedroom | 2BR,1BA | $1.89 |
Gateway Terrace | 1-Bedroom | 1BR,1BA | $2.13 |
Terrace At Columbia Knoll Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.11 |
Rose City Center Apartments - 55 and Over | 111 | 1BR,1BA | $2.13 |
JOHN JAMES | 0x1 | Studio ,1BA | $2.06 |
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Pet Friendly LifestyleMadison South, Portland, OR
Ranked #141
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Madison South, Portland, OR
Leodis V. McDaniel High School
School data provided by Great Schools
Best Local Schools in Madison South, Portland, OR
Leodis V. McDaniel High School
School data provided by Great Schools
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
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 Madison South Apartments
What is the Cheapest Studio apartment in Madison South?
Currently the most affordable Cheap Studio Apartment in Madison South is at JOHN JAMES listed at $925.
How much is rent for a Cheap One Bedroom Madison South Apartment?
The lowest price for a Cheap One Bedroom Madison South Apartment is $1,075 at Heights at Columbia Knoll Senior Apartments.
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 $1,449 at Sandy Terrace 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.

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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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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.