6

Madras, OR Condos for Rent

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  • /5

    $800 Per Month

    • 1 Bed
    • 1 Bath
    • 212 Sq Ft
    • 1 Bedroom / 1 Bathroom Apartment in Madras Oregon

    171 SW C St Unit MVL 811 - #7, Madras, OR 97741

    MOVE IN SPECIAL - Half Off First Full Months RentDiscover a comfortable 1-bedroom, 1-bath apartment in SW Madras, OR. This animal friendly unit includes utilities for convenient monthly budgeting and offers flexible lease options to suit your plans. Situated in a neighborhood with convenient access to local shops and services, the apartment provides a straightforward, low-hassle living

    171 SW C St Unit MVL 811 - #7, Madras, OR 97741
  • /6

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft
    • MF004-10th St Dup-Pine

    434-446 SE 10th St Unit 434, Madras, OR 97741

    434-446 SE 10th St Unit 434, Madras, OR 97741
  • /5

    $800 Per Month

    • 1 Bed
    • 1 Bath
    • 200 Sq Ft
    • Studio Appartment / 1 Bathroom Apartment in Madras Oregon

    171 SW C St Unit MVL 808 - #4, Madras, OR 97741

    MOVE IN SPECIAL - Half Off First Full Months RentLocated in SW Madras, this studio apartment offers a single bathroom and flexible lease options to fit a variety of needs. Utilities are included for simplified monthly billing, and the building is pet friendly. The location provides convenient access to local services and transportation in Madras, Oregon. Ideal for someone seeking a

    171 SW C St Unit MVL 808 - #4, Madras, OR 97741
  • /2

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • 275 Sq Ft
    • 1 Bedroom / 1 Bathroom Apartment in Madras Oregon

    171 SW C St Unit MVL 813 - #9, Madras, OR 97741

    Located in SW Madras, this studio apartment offers a single bathroom and flexible lease options to fit a variety of needs. Utilities are included for simplified monthly billing, and the building is pet friendly. The location provides convenient access to local services and transportation in Madras, Oregon. Ideal for someone seeking a compact, self-contained living space with straightforward

    171 SW C St Unit MVL 813 - #9, Madras, OR 97741
  • /5

    $1,600 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • SF354- Fisher

    361-361 NE 8th St Unit 361, Madras, OR 97741

    361-361 NE 8th St Unit 361, Madras, OR 97741
  • /3

    $595 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    1711 Us-26 Unit 2, Madras, OR 97741

    This unit is located right up the hill from Madras.Tenant pays all utilities and $14.95 per month in Tenant Liability Insurance.Tenant pays $40.00 flat fee for water/sewer and GarbageWe value our tenants and will report Rent Payments to Credit Bureaus! Tenants will also enjoy the highest level of services including immediate response to maintenance requests!Please contact PMI

    1711 Us-26 Unit 2, Madras, OR 97741

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 $800 per month, though prices vary by neighborhood, size, and property type. As of August 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 $82,000 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 $2,050 per month in Madras, OR, renters typically need to show $6,150 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 15.3, 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.

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$800
Median 1 Bedroom Condo Rent
$800
Median 2 Bedroom Condo Rent
$1,475
How to Rent a Home