1738 SE 38th Ave
PortlandOR97214
Cheap Apartments for Rent in the Richmond Neighborhood of Portland, OR from $1,000 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
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$1,000Studio Apartments Contact Us For Availability
Cedarhurst Village
1620 SE 39th AvePortland, OR 97214
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$1,150 - $1,505Studio to 2 Bedroom Apartments Contact Us For Availability
Hazel Ying Lee Apartments
3000 SE Powell BlvdPortland, OR 97202
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Rent Specials
$1,250 - $1,611Studio to 1 Bedroom Apartments Available Now
Division Street Lofts
4725 SE Division StPortland, OR 97206
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Rent Specials
$1,299 - $1,3991 Bedroom Apartments Available Now
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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$1,335 - $2,126Studio to 1 Bedroom Apartments Available Apr 18
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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$1,335 - $1,685Studio to 3 Bedroom Apartments Available May 4
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$1,350 - $1,6501 to 2 Bedroom Apartments Available Now
Moreland Place Apartments
3612 SE 28th PlPortland, OR 97202
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Rent Specials
$1,375 - $1,6651 to 2 Bedroom Apartments Available Now
Powell Gardens Apartments
3410-3532 SE 33rd AvePortland, OR 97202
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$1,4251 Bedroom Apartments Available Now
2919 SE Division St, Unit 102
2919 SE Division StPortland, OR 97202
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1525 SE 49th Ave
PortlandOR97215
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$1,895
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,895
Total Monthly Price
$1,895
5134 SE Hawthorne Blvd, Unit 4, Unit 4
5134 SE Hawthorne BlvdPortland, OR 97215
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$1,8952 Bedroom Apartments Contact Us For Availability
Theory 33
3325 SE Division StPortland, OR 97202
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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Studio to 2 Bedroom Apartments
Oliver Apartments
4330 SE Division StPortland, OR 97206
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1 to 3 Bedroom Apartments
Creston Villa
3608 SE 40th AvePortland, OR 97202
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Studio to 2 Bedroom Apartments
Powell
3605 SE 38th AvePortland, OR 97202
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Studio to 1 Bedroom Apartments
Division Terrace
2880 SE Division StPortland, OR 97202
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Studio to 2 Bedroom Apartments
The Fifty at Division
4975 SE Division StPortland, OR 97206
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Studio to 1 Bedroom Apartments
The Hub
3423 SE Hawthorne BlvdPortland, OR 97214
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Studio to 3 Bedroom Apartments
Artisan Apartments
3301 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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2 Bedroom Apartments
Park Place Apartments
3609 SE 42nd AvePortland, OR 97206
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Studio to 1 Bedroom Apartments
3339 SE Division St
3339 SE Division StPortland, OR 97214
2618 SE 51st Ave
PortlandOR97206
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2 Bedroom Apartments
39th Place Townhomes
3630 SE Cesar Chavez BlvdPortland, OR 97202
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Studio to 2 Bedroom Apartments
3360 SE Division St
3360 SE Division StPortland, OR 97202
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2 to 3 Bedroom Apartments
The Waverleigh Apartments
2920-3030 SE Waverleigh BlvdPortland, OR 97202
3304 SE Clinton St
PortlandOR97202
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
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Studio to 1 Bedroom Apartments
Hawthorne 44
1510 SE 44th AvePortland, OR 97215
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2 Bedroom Apartments
The Anita
4130 SE Division StPortland, OR 97202
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Studio to 2 Bedroom Apartments
Clay St Apartments
3757 SE Clay StPortland, OR 97214
Showing Results 1-31, 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 | $1,449 | $1,000 | $2,126 |
| Richmond 1 Bedroom Apartments | $1,417 | $1,299 | $1,895 |
| Richmond 2 Bedroom Apartments | $1,602 | $1,400 | $1,895 |
| Richmond 3 Bedroom Apartments | $9,289 | $9,289 | $9,289 |
| Richmond 4 Bedroom Apartments | $7,248 | $7,248 | $7,248 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 31 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
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Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in the Richmond area of Portland, OR is a 1 Bed unit found at Creston Villa priced from $1,195. Division Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,229. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creston Villa | 1 Bedroom 1 Bath | 1BR,1BA | $1,195 |
| Division Terrace | 0BR/1.0BA | Studio,1BA | $1,229 |
| The Fifty at Division | St. Johns | Studio,1BA | $1,235 |
| Division Street Lofts | Burnside | Studio,1BA | $1,250 |
| The Hawthorne | 1x1a | 1BR,1BA | $1,299 |
| Artisan Apartments | 0x1B | Studio,1BA | $1,299 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $1,350 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,375 |
| Margot01 | 1BR/1.0BA | 1BR,1BA | $1,425 |
| The Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $1,775 |
Best Value Apartments for Rent in Richmond, OR
As of April 10, 2026 the best value apartment in the Richmond area is the $2.22 price per square foot 2 Bedroom Up Model at The Waverleigh Apartments in the in the Southeast Portland neighborhood starting from $1,775. The second greatest value Richmond apartment is the 5134 SE Hawthorne Blvd Model at 5134 SE Hawthorne Blvd, Unit 4 starting at $1,895 with a $2.37 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. |
|---|---|---|---|
| The Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $2.22 |
| 5134 SE Hawthorne Blvd, Unit 4 | 5134 SE Hawthorne Blvd | 1BR,1BA | $2.37 |
| Artisan Apartments | 1X1A | 1BR,1BA | $2.60 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $2.25 |
| The Hawthorne | 1x1u | 1BR,1BA | $2.35 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.72 |
| The Fifty at Division | St. Johns | Studio ,1BA | $2.80 |
| Margot01 | 1BR/1.0BA | 1BR,1BA | $3.25 |
| Division Street Lofts | St. John | Studio ,1BA | $3.07 |
| Creston Villa | 1 Bedroom 1 Bath | 1BR,1BA | $3.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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!
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 ArticleCash 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.
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
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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 LifestyleRichmond, Portland, OR
Ranked #106
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!
Frequently Asked Questions about Cheap Richmond Apartments
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,195 at Creston Villa.
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 $1,400 at Moreland Place Apartments.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.