Housing in Madras, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$355,253
Madras vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Madras is highlighted.
Median Home Value
74th%ilemost expensive$291,400show rank
Median Rent
49th%ilemost expensive rent$942show rank
Rent Burden
60th%ilehighest rent burden20.0%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$291,400
Median Rent
$942
Total Housing Units
2,572
Vacancy Rate
4.5%
Owner Occupied
55.4%
Renter Occupied
44.6%
Median Property Tax
$2,483
per year
Monthly Cost (w/ Mortgage)
$1,415
Housing Types
Single Family64.6%
Multi-Family27.1%
Mobile Home8.3%
The median home value in Madras, OR is $291,400. According to Zillow, the home value index for Madras is $355,253. The median rent is $942 per month (Census ACS). About 55.4% of housing units are owner-occupied. The median year homes were built is 1979. There are 2,572 total housing units.