
Cheap Homes for Rent in Richmond Neighborhood of Portland, OR from $2,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Richmond area of Portland.


4332 SE Ivon St
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
Richmond, Portland, OR Local Guide

How much does it cost to rent a home in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richmond 2 Bedroom Homes for Rent | $2,497 | $2,195 | $2,800 |
Richmond 3 Bedroom Homes for Rent | $2,945 | $2,945 | $2,945 |
Richmond 4 Bedroom Homes for Rent | $3,595 | $3,595 | $3,595 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Richmond Neighborhood of Portland, OR.
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Richmond, Portland, OR Local Guide
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Best Value Apartments for Rent in Richmond, OR
As of March 23, 2025 the best value apartment in the Richmond area is the $1.77 price per square foot 2 Bedroom 1 Bath Model at Creston Villa in the in the Southeast Portland neighborhood starting from $1,595. The second greatest value Richmond apartment is the 2 Bedroom Up Model at Waverleigh Apartments starting at $1,745 with a $2.18 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. |
---|---|---|---|
Creston Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $2.18 |
3013 SE Waverleigh Blvd | Two Bedroom | 2BR,1BA | $2.33 |
NV Apartments | a4.1 Den | 1BR,1BA | $2.62 |
Moreland Place Apartments | 1x1RV | 1BR,1BA | $2.33 |
The Hawthorne | 1x1u | 1BR,1BA | $2.68 |
Clinton Court | 1X1 B | 1BR,1BA | $2.27 |
Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.67 |
Tabor View Lofts | Buckman | Studio ,1BA | $2.80 |
Sunshine Portland | Studio | Studio ,1BA | $2.68 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 128 Apartments for Rent in Richmond, OR with pricing that ranges from $950 to $9,214. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $2,195 to $3,595.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $2,195 to $3,595 with an average monthly rent of $3,012.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.