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$1,000Studio Apartments Contact Us For Availability
MF 11 - Cedarhurst Village Apartments
1620 SE 39th AvePortland, OR 97214
Cheap Apartments for Rent in the Richmond Neighborhood of Portland, OR from $1,000 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
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$1,050 - $1,458Studio to 2 Bedroom Apartments Contact Us For Availability
Hazel Ying Lee Apartments
3000 SE Powell BlvdPortland, OR 97202
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$1,1951 Bedroom Apartments Available Now
1622-1628 SE 32nd Pl / 3259-3261 SE Market St
1622-1628-1628 SE 32nd PlPortland, OR 97214
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Rent Specials
$1,225 - $1,486Studio to 1 Bedroom Apartments Available Now
Division Street Lofts
4725 SE Division StPortland, OR 97206
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Rent Specials
$1,250 - $1,495Studio to 1 Bedroom Apartments Available Now
The Margot
2919 SE Division StPortland, OR 97202
3954 SE Grant St
PortlandOR97214
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,315 - $1,685Studio to 1 Bedroom Apartments Available Now
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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$1,350 - $1,6501 to 2 Bedroom Apartments Available Now
Moreland Place Apartments
3612 SE 28th PlPortland, OR 97202
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$1,350 - $1,7001 to 2 Bedroom Apartments Available Dec 5
Powell Gardens Apartments
3410-3532 SE 33rd AvePortland, OR 97202
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$1,395Studio Apartments Available Now
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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$1,395 - $2,195Studio to 2 Bedroom Apartments Available Now
Theory 33
3325 SE Division StPortland, OR 97202
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,399 - $2,199Studio to 3 Bedroom Apartments Available Nov 11
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-19, Page 1 of 1
Richmond, Portland, OR Local Guide
Shopping by Kyle Burris is licensed under Internal
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,373 | $1,000 | $1,685 |
| Richmond 1 Bedroom Apartments | $1,416 | $1,195 | $1,695 |
| Richmond 2 Bedroom Apartments | $1,928 | $1,458 | $2,695 |
| Richmond 3 Bedroom Apartments | $5,215 | $5,215 | $5,215 |
| Richmond 4 Bedroom Apartments | $6,732 | $6,732 | $6,732 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Richmond Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Richmond, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in the Richmond area of Portland, OR is a Studio unit found at Division Street Lofts priced from $1,225. The Fifty at Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Division Street Lofts | Tilikum | Studio,1BA | $1,225 |
| The Fifty at Division | St. Johns | Studio,1BA | $1,245 |
| jvdv01 | 0BR/1.0BA | Studio,1BA | $1,250 |
| The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
| Division Terrace | 1BR/1.0BA | 1BR,1BA | $1,339 |
Best Value Apartments for Rent in Richmond, OR
As of November 10, 2025 the best value apartment in the Richmond area is the $1.93 price per square foot 2 Bedroom 1 Bath - Upgraded Model at Creston Villa in the in the Southeast Portland neighborhood starting from $1,535. The second greatest value Richmond apartment is the 2 Bedroom 1 Bathroom Model at The Anita starting at $2,095 with a $2.65 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creston Villa | 2 Bedroom 1 Bath - Upgraded | 2BR,1BA | $1.93 |
| The Anita | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.65 |
| Hawthorne 44 | 1 Bedroom - 788 sq. ft. | 1BR,1BA | $2.35 |
| Theory 33 | Floor Plan Type: Q | 2BR,2BA | $2.84 |
| 3513 SE 43rd Ave, Unit 3513 | 3513 SE 43rd Ave | 1BR,1BA | $2.08 |
| Moreland Place Apartments | 1x1RV | 1BR,1BA | $2.33 |
| 2515 SE 51st Ave, Unit #18 | 2515 SE 51st Ave | 1BR,1BA | $2.25 |
| Division Terrace | 1BR/1.0BA | 1BR,1BA | $2.44 |
| The Hawthorne | 0x1 | Studio ,1BA | $2.63 |
| The Fifty at Division | St. Johns | Studio ,1BA | $2.82 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
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Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick 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.
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Pet Friendly LifestyleRichmond, Portland, OR
Ranked #104
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Oregon, 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 searching for the best amenities, and convenient access to the outdoors, apartment communities for the kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Richmond Neighborhood in Portland, OR
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
97 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
52 / 100
Good Transit
Many 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 Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Division Street Lofts listed at $1,225.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,339 at Division Terrace.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $1,399 at Moreland Place Apartments.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.