Cheap Apartments for Rent in Madras, OR

22 rentals

Apartments For Rent Near Madras, OR

We found 30 more apartments matching your filters just outside Madras

Average Rent Trends in Madras, OR

Rent in Madras, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Nov 2025$1,649
Dec 2025$1,550
Jan 2026$1,595
Feb 2026$1,550
Mar 2026$1,450
Apr 2026$1,300
May 2026$1,283
Jun 2026$1,850
Jul 2026$1,900
Aug 2026$1,950
Sep 2026$1,950
Oct 2026$1,695
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,075$1,500$2,145—$1,849
Townhomes——$2,500—$2,500
Apartments and Condos$800———$800
Houses$1,550$2,000$2,126—$2,072
See more information about local market trends in Madras, OR

Frequently Asked Questions about Rentals in Madras, OR

  • What is the average rent of an apartment in Madras, OR?
    The average rent of an apartment in Madras, OR is $1,306 per month. This is about 32% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Madras, OR?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,350 per month.
  • How many cheap apartments are available in Madras, OR?
    There are 11 apartments to rent that are cheaper than the city’s average rent of $1,849.
  • When is the average rent most expensive in Madras, OR?
    In the last year, the average rent in Madras, OR was highest in Sep 2025 when it was $1,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Madras, OR?
    The average rent of a 1 bedroom apartment in Madras, OR is $1,075 per month. That is about $120 less than the cost of a studio apartment.
  • What are some zip codes in Madras, OR?
    Madras, OR includes zip codes such as: 97741.
  • What are some cities near Madras, OR?
    Some nearby cities include: Metolius, Culver, Terrebonne, Warm Springs, Ashwood. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Madras, OR - 166 Rentas | Trulia