4811 SE Haig St
PortlandOR97206
Cheap Apartments for Rent in the Richmond Neighborhood of Portland, OR from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
1738 SE 38th Ave
PortlandOR97214
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Rent Specials
from $950Studio to 2 Bedroom Apartments Available Now
Hazel Ying Lee Apartments
3000 SE Powell BlvdPortland, OR 97202
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from $1,000Studio Apartments Contact Us For Availability
MF 11 - Cedarhurst Village Apartments
1620 SE 39th AvePortland, OR 97214
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Rent Specials
from $1,124Studio to 2 Bedroom Apartments Available Now
Analog PDX
1871 N Flint AvePortland, OR 97227
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from $1,195Studio to 1 Bedroom Apartments Available Now
Theory 33
3325 SE Division StPortland, OR 97202
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from $1,225Studio to 1 Bedroom Apartments Available Jun 10
Division Terrace
2880 SE Division StPortland, OR 97202
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Rent Specials
from $1,250Studio to 1 Bedroom Apartments Available Now
The Margot
2919 SE Division StPortland, OR 97202
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from $1,275Studio to 1 Bedroom Apartments Available Now
Division Street Lofts
4725 SE Division StPortland, OR 97206
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Rent Specials
from $1,300Studio to 1 Bedroom Apartments Available Now
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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from $1,303Studio to 3 Bedroom Apartments Contact Us For Availability
Holloway
2050 Northeast Pacific StreetPortland, OR 97232
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,3501 to 2 Bedroom Apartments Available Jun 5
Powell Gardens Apartments
3410-3532 SE 33rd AvePortland, OR 97202
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from $1,3501 to 2 Bedroom Apartments Available Now
Moreland Place Apartments
3612 SE 28th PlPortland, OR 97202
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Rent Specials
from $1,360Studio to 3 Bedroom Apartments Available Now
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
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from $1,495Studio to 1 Bedroom Apartments Available Jun 27
Clinton Court
2725 SE 29th AvePortland, OR 97202
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Rent Specials
from $1,500Studio to 2 Bedroom Apartments Available Now
Yard
22 NE 2nd AvePortland, OR 97232
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from $1,520Studio to 3 Bedroom Apartments Available Now
Splash Apartments
875 NE 27th AvePortland, OR 97232
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Rent Specials
from $1,550Studio to 2 Bedroom Apartments Available Now
Park Avenue West
750 SW 9th AvePortland, OR 97205
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Rent Specials
from $1,593Studio to 3 Bedroom Apartments Available Now
The Frankie
3260 SE Milwaukie AvePortland, OR 97202
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Rent Specials
from $1,5951 Bedroom Apartments Available Jun 4
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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from $1,7001 Bedroom Apartments Available Jun 1
4033 SE Hawthorne Blvd
4033 SE Hawthorne BlvdPortland, OR 97214
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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Showing Results 1-29, 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 | $1,482 | $950 | $2,750 |
| Richmond 1 Bedroom Apartments | $2,153 | $685 | $5,715 |
| Richmond 2 Bedroom Apartments | $3,459 | $1,399 | $9,214 |
| Richmond 3 Bedroom Apartments | $3,356 | $1,936 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 29 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 Hazel Ying Lee Apartments priced from $950. Analog PDX has the second lowest priced unit, which is a Studio apartment currently listed from $1,124. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hazel Ying Lee Apartments | Studio | Studio,1BA | $950 |
| Analog PDX | Studio B | Studio,1BA | $1,124 |
| Theory 33 | Floor Plan Type: W | Studio,1BA | $1,195 |
| The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
| Division Street Lofts | Burnside | Studio,1BA | $1,275 |
| The Fifty at Division | Burnside | Studio,1BA | $1,275 |
| Tabor View Lofts | Laurelhurst | Studio,1BA | $1,335 |
| Moreland Place Apartments | 2x1 | 2BR,1BA | $1,399 |
| Yard | Open 1 Bed B | 1BR,1BA | $1,500 |
| Splash Apartments | U8.3L | Studio,1BA | $1,520 |
Best Value Apartments for Rent in Richmond, OR
As of May 29, 2025 the best value apartment in the Richmond area is the $2.48 price per square foot Unit J Model at Park Avenue West in the in the Hosford-Abernathy neighborhood starting from $2,795. The second greatest value Richmond apartment is the 1 Bedroom - 858 sq. ft. Model at Hawthorne 44 starting at $1,850 with a $2.16 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. |
|---|---|---|---|
| Park Avenue West | Unit J | 1BR,1BA | $2.48 |
| Hawthorne 44 | 1 Bedroom - 858 sq. ft. | 1BR,1BA | $2.16 |
| Sunshine Portland | Two Bedroom | 2BR,1BA | $2.43 |
| Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $2.12 |
| The Anita | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.52 |
| Moreland Place Apartments | 2x1RV | 2BR,1BA | $2.11 |
| Theory 33 | Floor Plan Type: V | 1BR,1BA | $2.67 |
| The Fifty at Division | Burnside | Studio ,1BA | $2.56 |
| Tabor View Lofts | Laurelhurst | Studio ,1BA | $2.78 |
| Hazel Ying Lee Apartments | Studio | Studio ,1BA | $2.22 |
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.
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Pet Friendly LifestyleRichmond, Portland, OR
Ranked #62
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 Hazel Ying Lee Apartments listed at $950.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,465 at The Fifty at Division.
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.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Splash Apartments and starts from $3,780.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.