Cheap Apartments for Rent in the Russell Neighborhood of Portland, OR from $600 (77 Rentals)

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

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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The Alicia Apartments
Studio Apartments

The Alicia Apartments

10304-10308 NE Wygant StPortland, OR 97220
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The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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The Diplomat
1 to 3 Bedroom Apartments

The Diplomat

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

Hazel Heights

12621 SE Stark StPortland, OR 97233
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Parkrose Terrace
Studio Apartments

Parkrose Terrace

10235 NE Prescott StPortland, OR 97220
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Parkway Garden Apartments
Studio to 3 Bedroom Apartments

Parkway Garden Apartments

14024-14124 NE Sandy BlvdPortland, OR 97230
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The Squire
1 to 2 Bedroom Apartments

The Squire

10315-10339 NE Fremont StPortland, OR 97220
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Wynne Watts Commons
Studio to 2 Bedroom Apartments

Wynne Watts Commons

928 NE 162nd AvePortland, OR 97230
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The Nick Fish
Studio to 1 Bedroom Apartments

The Nick Fish

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

Edgemont Apartments

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

Jackson Court

1313 NE 131st PlPortland, OR 97230
Showing Results 1-50, Page 1 of 2

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. Glendoveer Woods Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $959. Here are the most affordable Russell apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Buri BuildingStudio ADAStudio,1BA$934
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$959
TimberViewStudioStudio,1BA$999
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
seaside021BR/1.0BA1BR,1BA$1,050
Huckleberry ApartmentsStudioStudio,1BA$1,050
Parkview Apartments - 55+StudioStudio,1BA$1,100
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,100
Halsey Street Arms Apartments1BR 1 Bath1BR,1BA$1,100
Stark Street Crossing0BR/1.0BAStudio,1BA$1,100

Best Value Apartments for Rent in Russell, OR

As of March 24, 2025 the best value apartment in the Russell area is the $1.56 price per square foot 3BR/1.5BA Model at Parkshore in the in the Argay neighborhood starting from $1,850. The second greatest value Russell apartment is the 3BR 1 Bath Model at Irish Moss Plaza Apartments starting at $1,575 with a $1.38 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$1.56
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.38
Fern Grove3BR 1Bath3BR,1BA$1.39
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.44
Aspire Columbia RidgeTwo Bed One Bath2BR,1BA$1.64
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.45
Cameron Park2BR/1.0BA2BR,1BA$1.62
Gateway ParkOne Bedroom1BR,1BA$1.40
Hidden Oaks ApartmentsTillamook1BR,1BA$1.64
Vine Maple1BR 1Bath1BR,1BA$1.60

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 Lifestyle
Russell, Portland, OR

Ranked #63

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Russell, Portland, OR

School data provided by Great Schools

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 $1,813.

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 1,797 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 $886 which is $927 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.

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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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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.

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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.

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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.