
Cheap Apartments for Rent in the Russell Neighborhood of Portland, OR from $600 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Russell area of Portland.


Traditions at Hazelwood a 55+ Community

131-149-149 SE 151st Ave

The Bria Apartments

TimberView

Wynne Watts Commons

Glendoveer Woods Apartments

Firwood Station
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.

SAGEWOOD ESTATES

Parkview Apartments - 55+

Halsey Street Arms Apartments

Melrose Court Apartments

107th Apartments

Halsey Summit Apartments

Windsor Court Apartments
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

Zachary Park Apartments

Darrin's Place Apartments

Hazelwood Station - Income Restrictions Apply

16964 SE Stark St

The Lawrence Apartments

Ascot 146 Apartments

Star Krest

Colonial Villa Apartments

WyEast Plaza - Waitlist! No availability!!
Russell, Portland, OR Local Guide

How much does it cost to rent an apartment in Russell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Russell Studio Apartments | $975 | $934 | $1,173 |
Russell 1 Bedroom Apartments | $1,263 | $978 | $1,575 |
Russell 2 Bedroom Apartments | $1,527 | $1,150 | $1,986 |
Russell 3 Bedroom Apartments | $1,827 | $1,499 | $2,395 |
Russell 4 Bedroom Apartments | $2,692 | $1,889 | $3,495 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Russell Neighborhood of Portland, OR.
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Russell, Portland, OR Local Guide
- Nearby Portland neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Buri Building | Studio SIM | Studio,1BA | $934 |
Traditions at Hazelwood a 55+ Community | One Bedroom One Bath (A1S) | 1BR,1BA | $995 |
seaside02 | 1BR/1.0BA | 1BR,1BA | $995 |
TimberView | Studio | Studio,1BA | $999 |
The Bria Apartments | 1 Bed, 1 bath | 1BR,1BA | $999 |
Wynne Watts Commons | Studio | Studio,1BA | $1,050 |
Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
Glendoveer Woods Apartments | I.R. Studio NO W/D-ALL UTILITIES INCLUDED | Studio,1BA | $1,089 |
Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $1,100 |
Melrose Court Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkshore | 3BR/1.5BA | 3BR,1.5BA | $1.52 |
Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.31 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.44 |
Rosewood Station | 2BR/1.0BA | 2BR,1BA | $1.61 |
Brentwood Apartments | 1BD, 1BTH | 1BR,1BA | $1.47 |
Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
Vine Maple | 1BR 1Bath | 1BR,1BA | $1.60 |
Melrose Court Apartments | One Bedroom | 1BR,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.
Pet Friendly LifestyleRussell, Portland, OR
Ranked #64
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Russell, Portland, OR
School data provided by Great Schools
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
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 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.

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.

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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.

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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.

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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.