Madras, OR Townhomes for Rent

/11
$1,375 Per Month
- 1 Bed
- 1 Bath
- 630 Sq Ft
- Townhouse for Rent
223 SE 8th St, Madras, OR 97741

Discover this 1-bedroom, 1-bathroom manufactured home in Madras, Oregon, conveniently located near downtown, parks, shopping, and dining. The efficient floor plan provides a practical living space, while the convenient location offers easy access to local services, outdoor recreation, and retail options.APPLY NOW: * 1 Bedrooms / 1 Bathrooms* Electric Range / Refrigerator /

223 SE 8th St, Madras, OR 97741
/25
$1,849 Per Month
- 3 Beds
- 2 Baths
- 1,361 Sq Ft
- Townhouse for Rent
166 SE E St, Madras, OR 97741

This three-bedroom house with two full bathrooms and exterior storage unit is pet friendly and close to downtown and schools. Six- or twelve-month lease offered. There is a large, shared backyard and a private covered parking port. Home includes Electric Heat, range, refrigerator, dishwasher, washer/dryer and AC/heat pump. Third bedroom doesn’t not have a closet and could be used as an office.

166 SE E St, Madras, OR 97741

Oregon Jefferson County

Frequently Asked Questions

How much does it cost to rent a townhouse in Madras, OR?

The median rent for a townhouse in Madras, OR is $1,950 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 $78,000 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 $1,950 per month in Madras, OR, renters typically need to show $5,850 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 16.0, 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.

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Townhouses for Rent by Bedrooms in Madras

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