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Madras, OR Condos for Rent

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  • 1224 SW Murray St Unit 104, Madras, OR 97741
    1224 SW Murray St Unit 104, Madras, OR 97741
    1224 SW Murray St Unit 104, Madras, OR 97741
    /6

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 826 Sq Ft
    • Condo for Rent

    1224 SW Murray St Unit 104, Madras, OR 97741

    This remodeled 2-bedroom, 1-bath unit is located in a well-maintained fourplex and offers comfortable, updated living. The home features modern finishes throughout, providing a fresh and inviting space.Located close to town for essential shopping, dining, and local amenities.Utilities included:Water/Sewer/GarbageTenant responsible for Pacific Power**Renter’s

    1224 SW Murray St Unit 104, Madras, OR 97741
  • 873-875 SW Madison St Unit 873, Madras, OR 97741
    873-875 SW Madison St Unit 873, Madras, OR 97741
    /2

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 873/875 SW Madison Street

    873-875 SW Madison St Unit 873, Madras, OR 97741

    Welcoming 2 Bedroom ,1 BathLarge LotMini-split heat and A/CWasher/Dryer Hook UpsFenced BackyardWater and sewer included in rentTenant Responsible for:Pacific Power- ElectricMadras Sanitary- Garbage ServiceNO PETS- Availability date is approximate- 1-Year lease required*Renter's Insurance RequiredApply at

    873-875 SW Madison St Unit 873, Madras, OR 97741
Oregon Jefferson County

Condos for Rent in Madras, OR

Frequently Asked Questions

How much does it cost to rent a condo in Madras, OR?
The median rent for a condo in Madras, OR is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Madras, OR?
To comfortably afford the median rent in Madras, OR, a household needs to earn roughly $83,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,075 per month in Madras, OR, renters typically need to show $6,225 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Madras, OR?
In Madras, OR, the price-to-rent ratio is 15.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Madras, OR

There are currently 2 condos available for rent in Madras, OR. The median rent is $1,200 per month, with 2-bedroom condos at $1,200.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,200
Median 2 Bedroom Condo Rent
$1,200
How to Rent a Home

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