4811 SE Haig St
PortlandOR97206
Cheap Apartments for Rent in the Richmond Neighborhood of Portland, OR from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
1738 SE 38th Ave
PortlandOR97214
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Rent Specials
from $950Studio to 2 Bedroom Apartments Contact Us For Availability
Hazel Ying Lee Apartments
3000 SE Powell BlvdPortland, OR 97202
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from $1,000Studio Apartments Contact Us For Availability
MF 11 - Cedarhurst Village Apartments
1620 SE 39th AvePortland, OR 97214
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from $1,124Studio to 2 Bedroom Apartments Available Now
Analog PDX
1871 N Flint AvePortland, OR 97227
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Rent Specials
from $1,235Studio to 1 Bedroom Apartments Available Now
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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Rent Specials
from $1,250Studio to 1 Bedroom Apartments Available Now
The Margot
2919 SE Division StPortland, OR 97202
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from $1,275Studio to 1 Bedroom Apartments Available Now
Division Street Lofts
4725 SE Division StPortland, OR 97206
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Rent Specials
from $1,325Studio to 3 Bedroom Apartments Available Now
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2811-2819-2819 SE 46th Ave
PortlandOR97206
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from $1,3991 Bedroom Apartments Available Jun 18
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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from $1,401Studio to 2 Bedroom Apartments Available Now
Yard
22 NE 2nd AvePortland, OR 97232
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from $1,4951 Bedroom Apartments Available Now
Theory 33 - TH-3311
3325 SE Division StPortland, OR 97202
1414 SE 29th Ave
PortlandOR97214
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from $1,500Studio to 2 Bedroom Apartments Available Now
Park Avenue West
750 SW 9th AvePortland, OR 97205
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from $1,520Studio to 3 Bedroom Apartments Available Now
Splash Apartments
875 NE 27th AvePortland, OR 97232
1525 SE 49th Ave
PortlandOR97215
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Rent Specials
from $1,574Studio to 1 Bedroom Apartments Available Jul 1
Holloway - Brand New! Preleasing Now!
801 NE 21st AvePortland, OR 97232
3841-3847-3847 SE Kelly St
PortlandOR97202
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,470Studio to 3 Bedroom Apartments Available Now
The Frankie
3260 SE Milwaukie AvePortland, OR 97202
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Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
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Showing Results 1-31, Page 1 of 1
Richmond, Portland, OR Local Guide
Shopping by Kyle Burris is licensed under Internal
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,423 | $950 | $2,750 |
| Richmond 1 Bedroom Apartments | $2,263 | $620 | $5,715 |
| Richmond 2 Bedroom Apartments | $3,571 | $1,395 | $9,214 |
| Richmond 3 Bedroom Apartments | $4,020 | $2,749 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Richmond Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Richmond, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in the Richmond area of Portland, OR is a Studio unit found at Analog PDX priced from $1,124. Division Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Analog PDX | Studio B | Studio,1BA | $1,124 |
| Division Terrace | 0BR/1.0BA | Studio,1BA | $1,199 |
| The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
| Division Street Lofts | Burnside | Studio,1BA | $1,275 |
| The Fifty at Division | Burnside | Studio,1BA | $1,295 |
| Sunshine Portland | One Bedroom | 1BR,1BA | $1,325 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $1,350 |
| Tabor View Lofts | Laurelhurst | Studio,1BA | $1,355 |
| Yard | Studio F | Studio,1BA | $1,401 |
| The Frankie | Studio | Studio,1BA | $1,470 |
Best Value Apartments for Rent in Richmond, OR
As of May 09, 2025 the best value apartment in the Richmond area is the $2.87 price per square foot 1 Bed 1 Bath K Penthouse B Model at Yard in the in the Southeast Portland neighborhood starting from $2,895. The second greatest value Richmond apartment is the 2 Bedroom Up Model at Waverleigh Apartments starting at $1,699 with a $2.12 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yard | 1 Bed 1 Bath K Penthouse B | 1BR,1BA | $2.87 |
| Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $2.12 |
| The Anita | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.52 |
| Theory 33 - TH-3311 | Floor Plan Type: R | 1BR,1BA | $2.47 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $2.25 |
| Sunshine Portland | One Bedroom | 1BR,1BA | $2.31 |
| The Fifty at Division | Burnside | Studio ,1BA | $2.60 |
| Tabor View Lofts | Laurelhurst | Studio ,1BA | $2.82 |
| Division Street Lofts | Burnside | Studio ,1BA | $2.87 |
| Division Terrace | 0BR/1.0BA | Studio ,1BA | $2.75 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleRichmond, Portland, OR
Ranked #69
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Oregon, including Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, apartment communities for the kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Richmond Neighborhood in Portland, OR
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
97 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Analog PDX listed at $1,124.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,325 at Sunshine Portland.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $1,399 at Moreland Place Apartments.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Splash Apartments and starts from $3,780.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.