4811 SE Haig St
PortlandOR97206
Cheap Homes for Rent in Richmond Neighborhood of Portland, OR from $1,700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Richmond area of Portland.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1738 SE 38th Ave
PortlandOR97214
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.
4315 SE Division St
PortlandOR97206
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.
1411 SE 49th Ave
PortlandOR97215
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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Richmond, Portland, OR Local Guide
Shopping by Kyle Burris is licensed under Internal
How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $2,845 | $1,745 | $3,945 |
| Richmond 3 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 May 11, 2025 the best value apartment in the Richmond area is the $2.16 price per square foot 1 Bedroom - 858 sq. ft. Model at Hawthorne 44 in the in the Southeast Portland neighborhood starting from $1,850. 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. |
|---|---|---|---|
| Hawthorne 44 | 1 Bedroom - 858 sq. ft. | 1BR,1BA | $2.16 |
| 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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Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 129 Apartments for Rent in Richmond, OR with pricing that ranges from $620 to $9,214. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,745 to $3,945.
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 $1,745 to $3,945 with an average monthly rent of $3,172.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.