
Cheap Apartments for Rent in the Russell Neighborhood of Portland, OR from $600 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Russell area of Portland.


Glendoveer Woods Apartments

The Bria Apartments

TimberView

Sagewood Estates

131-149-149 SE 151st Ave

Parkview Apartments - 55+

Halsey Street Arms 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

107th Apartments

Melrose Court Apartments

Halsey Summit Apartments

Windsor Court Apartments

Traditions at Hazelwood a 55+ Community

123 NE 172nd Ave

Star Krest

Darrin's Place Apartments

16964 SE Stark St

Hazelwood Station - Income Restrictions Apply

Ascot 146 Apartments

12105-12107 SE Market St

Hidden Oaks Apartments

Colonial Villa Apartments

12924-12928 E Burnside St

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 | $966 | $934 | $1,173 |
Russell 1 Bedroom Apartments | $1,275 | $978 | $1,595 |
Russell 2 Bedroom Apartments | $1,544 | $1,127 | $2,400 |
Russell 3 Bedroom Apartments | $1,902 | $1,341 | $2,537 |
Russell 4 Bedroom Apartments | $1,813 | $1,813 | $1,813 |
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 2 mile radius of the Russell Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Buri Building | Studio ADA | Studio,1BA | $934 |
Glendoveer Woods Apartments | Studio NO Washer & Dryer | Studio,1BA | $959 |
TimberView | Studio | Studio,1BA | $999 |
The Bria Apartments | 1 Bed, 1 bath | 1BR,1BA | $999 |
Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
seaside02 | 1BR/1.0BA | 1BR,1BA | $1,095 |
Parkview Apartments - 55+ | Studio | Studio,1BA | $1,100 |
Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $1,100 |
Halsey Street Arms Apartments | 1BR 1 Bath | 1BR,1BA | $1,100 |
Stark Street Crossing | 0BR/1.0BA | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Russell, OR
As of March 22, 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 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 | $1.56 |
Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.38 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Gateway Plaza Apartments | 2BD, 1BTH A | 2BR,1BA | $1.56 |
Crown East Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.50 |
Halsey Summit Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.45 |
Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
Hidden Oaks Apartments | Multnomah | 1BR,1BA | $1.60 |
Villa d'Shirl-Lee Apartments | 2 Bedroom | 2BR,1BA | $1.58 |
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
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 1,785 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 $882 which is $931 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.

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.