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  5. Rentals in Madras, OR Under $1,500/mo

22 Rentals in Madras, OR Under $1,500/mo

22 Results

Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.

$850

3 beds • 2 baths • Condo

366 SW M St. #366, Madras, OR, 97741

Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.

$533

2 beds • 1 bath • Condo

319 SW G St. #319, Madras, OR, 97741

Madras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak St

$917

3 beds • 1 bath • Condo

410 NE Oak St #410, Madras, OR, 97741

Madras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison St

$833

3 beds • 1 bath • Condo

950 SW Madison St #950, Madras, OR, 97741

Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.

$681

1 bed • 1 bath • Condo

242 SW 3rd St. #242, Madras, OR, 97741

Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.

$533

2 beds • 1 bath • Condo

319 SW G St. #319, Madras, OR, 97741

Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.

$850

3 beds • 2 baths • Condo

366 SW M St. #366, Madras, OR, 97741

Madras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak St

$917

3 beds • 1 bath • Condo

410 NE Oak St #410, Madras, OR, 97741

Madras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison St

$833

3 beds • 1 bath • Condo

950 SW Madison St #950, Madras, OR, 97741

Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.

$681

1 bed • 1 bath • Condo

242 SW 3rd St. #242, Madras, OR, 97741

Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.Madras Condo: 366 SW M St.

$850

3 beds • 2 baths • Condo

366 SW M St. #366, Madras, OR, 97741

Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.Madras Condo: 319 SW G St.

$533

2 beds • 1 bath • Condo

319 SW G St. #319, Madras, OR, 97741

Madras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison StMadras Condo: 950 SW Madison St

$833

3 beds • 1 bath • Condo

950 SW Madison St #950, Madras, OR, 97741

Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.Madras Condo: 242 SW 3rd St.

$681

1 bed • 1 bath • Condo

242 SW 3rd St. #242, Madras, OR, 97741

Madras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak StMadras Condo: 410 NE Oak St

$917

3 beds • 1 bath • Condo

410 NE Oak St #410, Madras, OR, 97741

Madras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th StMadras Multiplex: 502 NE 16th St

$1,195

Studio • 1 bath • 384 sqft • Multiplex

502 NE 16th St, Madras, OR, 97741

Madras Apartment: 873/875 SW Madison StreetMadras Apartment: 873/875 SW Madison Street

$1,250

2 beds • 1 bath • Apartment

873/875 SW Madison Street, Madras, OR, 97741

Madras Apartment: 52 NE 8th St.Madras Apartment: 52 NE 8th St.Madras Apartment: 52 NE 8th St.Madras Apartment: 52 NE 8th St.Madras Apartment: 52 NE 8th St.

$1,075

1 bed • 1 bath • 300 sqft • Apartment

52 NE 8th St., Madras, OR, 97741

Madras Apartment: 1224 SW Murray StMadras Apartment: 1224 SW Murray StMadras Apartment: 1224 SW Murray StMadras Apartment: 1224 SW Murray StMadras Apartment: 1224 SW Murray StMadras Apartment: 1224 SW Murray St

$1,150

2 beds • 1 bath • 826 sqft • Apartment

1224 SW Murray St, Madras, OR, 97741

Madras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & BMadras Multiplex: 223 SE 8th St #A & B

$1,375

1 bed • 1 bath • 630 sqft • Multiplex

223 SE 8th St #A & B, Madras, OR, 97741

Madras Apartment: 171 SW C Street #9

$750

1 bed • 1 bath • 275 sqft • Apartment

171 SW C Street #9, Madras, OR, 97741

Madras Apartment: 171 SW C Street #7Madras Apartment: 171 SW C Street #7Madras Apartment: 171 SW C Street #7Madras Apartment: 171 SW C Street #7Madras Apartment: 171 SW C Street #7

$800

1 bed • 1 bath • 212 sqft • Apartment

171 SW C Street #7, Madras, OR, 97741

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What to Know Before Renting Under $1,500 in Madras, OR

Rentals under $1,500 per month cover a wide share of Madras inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Madras.

Browse Madras Rentals by Bedroom Count

Studio apartments for rent in Madras1-bedroom apartments for rent in Madras2-bedroom apartments for rent in Madras3-bedroom apartments for rent in Madras

Frequently Asked Questions About Rentals Under $1,500 in Madras, OR

Rentler currently shows 22 rentals in Madras priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.

At the under $1,500 price point in Madras, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.

These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.

Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.

Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.

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