Cheap Apartments for Rent in the Russell Neighborhood of Portland, OR from $600 (72 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Russell area of Portland.

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.

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

close
View Me
The Alicia Apartments
Studio Apartments

The Alicia Apartments

10304-10308 NE Wygant StPortland, OR 97220
  • Utilities Included
close
View Me
The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
  • Utilities Included
close
View Me
The Diplomat
1 to 3 Bedroom Apartments

The Diplomat

10934 NE Wygant StPortland, OR 97220
close
View Me
Hazel Heights
1 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
  • Utilities Included
close
View Me
Parkrose Terrace
Studio Apartments

Parkrose Terrace

10235 NE Prescott StPortland, OR 97220
  • Utilities Included
close
View Me
Parkway Garden Apartments
Studio to 3 Bedroom Apartments

Parkway Garden Apartments

14024-14124 NE Sandy BlvdPortland, OR 97230
  • Utilities Included
close
View Me
seaside02
1 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233
close
View Me
The Squire
1 to 2 Bedroom Apartments

The Squire

10315-10339 NE Fremont StPortland, OR 97220
close
View Me
The Nick Fish
Studio to 1 Bedroom Apartments

The Nick Fish

10550 NE Halsey StPortland, OR 97220
close
View Me
Edgemont Apartments
Studio to 2 Bedroom Apartments

Edgemont Apartments

11181-11211 NE Weidler StPortland, OR 97220
close
View Me
Jackson Court
2 Bedroom Apartments

Jackson Court

1313 NE 131st PlPortland, OR 97230

Russell, Portland, OR Local Guide

Cheapest Available Russell Apartments for Rent

 

The cheapest available apartment rental in the Russell area of Portland, OR is a Studio unit found at Buri Building priced from $934. Traditions at Hazelwood a 55+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Russell apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Buri BuildingStudio SIMStudio,1BA$934
Traditions at Hazelwood a 55+ CommunityOne Bedroom One Bath (A1S)1BR,1BA$995
seaside021BR/1.0BA1BR,1BA$995
TimberViewStudioStudio,1BA$999
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
Wynne Watts CommonsStudioStudio,1BA$1,050
Huckleberry ApartmentsStudioStudio,1BA$1,050
Glendoveer Woods ApartmentsI.R. Studio NO W/D-ALL UTILITIES INCLUDEDStudio,1BA$1,089
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,100
Melrose Court ApartmentsOne Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Russell, OR

As of April 23, 2025 the best value apartment in the Russell area is the $1.52 price per square foot 3BR/1.5BA Model at Parkshore in the in the Argay neighborhood starting from $1,800. The second greatest value Russell apartment is the 3 bedroom Model at Plaza de Cedro starting at $1,267 with a $1.10 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkshore3BR/1.5BA3BR,1.5BA$1.52
Plaza de Cedro3 bedroom3BR,2BA$1.10
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.31
Fern Grove3BR 1Bath3BR,1BA$1.39
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.44
Rosewood Station2BR/1.0BA2BR,1BA$1.61
Brentwood Apartments1BD, 1BTH1BR,1BA$1.47
Gateway ParkOne Bedroom1BR,1BA$1.40
Vine Maple1BR 1Bath1BR,1BA$1.60
Melrose Court ApartmentsOne Bedroom1BR,1BA$1.65

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Russell, Portland, OR

Ranked #64

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, 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 rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Russell Neighborhood in Portland, OR

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Russell Apartments

What is a cheap apartment in Russell?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Russell is under $1,100.

What is the price of a cheap apartment in Russell?

The cheapest apartment in Russell is Buri Building which is listed at $978, while the average apartment in Russell costs $2,692.

What types of apartments are the cheapest in Russell?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 78 regular apartments in Russell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Russell?

Cheap apartments in Russell have an average cost of $644 which is $2,048 cheaper than the average rent for all rentals in Russell.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.