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Rental Market Trends in Madras, OR

What is the average rent in Madras, OR?

$1,227/month

Average Rent

568 Sq Ft

Average Apartment Size

+8.4%

Increase in the Last Year

As of May 2025, the average rent in Madras, OR is $1,227 per month. This is 25% lower than the national average rent of $1,627/month, making renting in Madras more affordable than most cities in the US. When you rent an apartment in Madras, you can expect to pay about $469 per month for a studio, $1,227 for a one-bedroom apartment, and around $1,465 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,792 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$469/month
0 Sq Ft
One Bedroom
$1,227/month
568 Sq Ft
Two Bedroom
$1,465/month
771 Sq Ft
Three Bedroom
$1,792/month
911 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Madras, OR?

In the past year, rent has increased by 8.4%, which averages out to $104 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Madras, OR
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Madras, OR
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Madras, OR?

Because the average rent in Madras is $1,227, you’ll want to make about $4,090 per month or $49,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Madras, OR

6 Available Apartments for Rent

Search for Nearby Apartments

How does Madras, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Madras, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Madras, OR

Apartment Averages

Apartment communities in Madras we think you'll love

127 SE 11th St

127 SE 11th St

127 SE 11th St,
Madras, OR 97741

2 Beds | $1,395

520-522 SE Duke St

520-522 SE Duke St

520-522 SE Duke St,
Madras, OR 97741

2 Beds | $1,475

136 NE B St

136 NE B St

136 NE B St,
Madras, OR 97741

3 Beds | $1,650

2132 SW Culver Hwy

2132 SW Culver Hwy

2132 SW Culver Hwy,
Madras, OR 97741

3 Beds | $2,450

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United States Oregon Madras Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity