Cheap Homes for Rent in Russell Neighborhood of Portland, OR from $900 (10 Rentals)

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Search the lowest-cost Homes 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

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. TimberView has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Russell apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Buri BuildingStudio SIMStudio,1BA$934
TimberViewStudioStudio,1BA$999
The Bria Apartments1 Bed, 1 bath1BR,1BA$999

Best Value Apartments for Rent in Russell, OR

As of April 14, 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
Rosewood Apartments3BR/1.0BA3BR,1BA$1.55
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.44
Rosewood Station2BR/1.0BA2BR,1BA$1.61
Brentwood Apartments2BD, 1BTH A2BR,1BA$1.58
Gateway ParkOne Bedroom1BR,1BA$1.40
Vine Maple1BR 1Bath1BR,1BA$1.60

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Frequently Asked Questions about Russell

What type of rentals are currently available in Russell?

There are currently 351 Apartments for Rent in Russell, OR with pricing that ranges from $850 to $2,895. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $995 to $3,295.

What is the current price range for Rental Homes in Russell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Russell ranges from $995 to $3,295 with an average monthly rent of $2,057.

How much are larger Three and Four Bedroom Rentals in Russell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Russell range from $1,499 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $1,813.

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 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.

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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.