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$1,485 - $1,685Studio to 3 Bedroom Apartments Available Jul 21
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
Cheap Apartments for Rent in the Richmond Neighborhood of Portland, OR from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
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Rent Specials
$1,275 - $1,664Studio to 1 Bedroom Apartments Available Now
Division Street Lofts
4725 SE Division StPortland, OR 97206
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$1,295 - $2,257Studio to 1 Bedroom Apartments Available Now
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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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
$1,4951 Bedroom Apartments Available Now
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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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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$1,2601 Bedroom Apartments Contact Us For Availability
MF 11 - Cedarhurst Village Apartments
1620 SE 39th AvePortland, OR 97214
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Studio to 1 Bedroom Apartments
Hawthorne 44
1510 SE 44th AvePortland, OR 97215
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1 Bedroom Apartments
2838 SE 35th Pl
2838 SE 35th PlPortland, 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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1 to 2 Bedroom Apartments
1529-1549 30th Ave
1529-1549 30th AvePortland, OR 97214
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Studio Apartments
2409-2515 SE 51st Ave
2409-2515 SE 51st AvePortland, OR 97206
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1 Bedroom Apartments
5110 SE Division St
5110 SE Division StPortland, OR 97206
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Studio Apartments
2919-2931 SE Woodward St
2919-2931 SE Woodward StPortland, OR 97202
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1 Bedroom Apartments
Lerkin Condos at Mt. Tabor
5017-5029 SE Hawthorne BlvdPortland, OR 97215
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Studio Apartments
3440-3464 SE Madison St
3440-3464 SE Madison StPortland, OR 97214
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1 Bedroom Apartments
Pembrooke Gardens Condominiums
1411 SE 30th AvePortland, OR 97214
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1 to 2 Bedroom Apartments
2881 SE Sherman St
2881 SE Sherman StPortland, OR 97214
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3 to 4 Bedroom Apartments
2630-2638A SE 52nd Ave
2630-2638A SE 52nd AvePortland, OR 97206
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 to 3 Bedroom Apartments
2744 SE 35th Pl
2744 SE 35th PlPortland, OR 97202
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1 Bedroom Apartments
1604 SE 37th Ave
1604 SE 37th AvePortland, OR 97214
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4 Bedroom Apartments
4522-4256 SE 41st Ave
4522-4256 SE 41st AvePortland, OR 97202
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1 to 2 Bedroom Apartments
3386 SE Waverleigh Blvd
3386 SE Waverleigh BlvdPortland, 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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1 to 3 Bedroom Apartments
Creston Villa
3608 SE 40th AvePortland, OR 97202
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Studio to 1 Bedroom Apartments
Clinton Court
2725 SE 29th AvePortland, OR 97202
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Studio to 2 Bedroom Apartments
Clay St Apartments
3757 SE Clay StPortland, OR 97214
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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Studio to 2 Bedroom Apartments
Powell
3605 SE 38th AvePortland, OR 97202
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Studio to 3 Bedroom Apartments
Artisan Apartments
3301 SE Division StPortland, OR 97202
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2 Bedroom Apartments
The Anita
4130 SE Division StPortland, OR 97202
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Studio to 2 Bedroom Apartments
Burlingame Apartments
4025 SE Hawthorne BlvdPortland, OR 97214
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Studio to 2 Bedroom Apartments
Franklin Flats
5166 SE Division StPortland, OR 97206
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Studio to 2 Bedroom Apartments
Oliver Apartments
4330 SE Division StPortland, OR 97206
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Studio to 1 Bedroom Apartments
3339 SE Division St
3339 SE Division StPortland, OR 97214
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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
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 to 2 Bedroom Apartments
Ellen Browning Building
2871 SE Division StPortland, OR 97202
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1 to 2 Bedroom Apartments
Powell Crest
3333 SE Cesar E Chavez AvePortland, OR 97202
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Studio to 1 Bedroom Apartments
The Glenn
3268 SE Hawthorne BlvdPortland, OR 97214
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Studio Apartments
The Oak Tree Apartments
3615 SE 40th AvePortland, OR 97202
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1 to 2 Bedroom Apartments
Mt Tabor Apartments
2340-2350 SE 50thPortland, OR 97215
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2 Bedroom Apartments
Park Place Apartments
3609 SE 42nd AvePortland, OR 97206
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Studio Apartments
Tabor View Terrace
2728-2758 SE 52nd AvePortland, OR 97206
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Studio to 2 Bedroom Apartments
The Waverly Arms
3725 SE Rhine StPortland, OR 97202
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1 to 2 Bedroom Apartments
Hawthorne 41
1525 SE 41st AvePortland, OR 97214
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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1 to 2 Bedroom Apartments
Pacific Court
1535 SE 29thPortland, OR 97214
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1 to 2 Bedroom Apartments
Ben Hi Apartments
2703 SE 51st AvePortland, OR 97206
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Studio Apartments
4010 SE Division St
4010 SE Division StPortland, OR 97202
Showing Results 1-48, 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 | $1,267 | $950 | $2,257 |
| Richmond 1 Bedroom Apartments | $1,386 | $1,250 | $1,495 |
| Richmond 2 Bedroom Apartments | $1,594 | $1,400 | $1,950 |
| Richmond 3 Bedroom Apartments | $8,665 | $8,665 | $8,665 |
| Richmond 4 Bedroom Apartments | $6,704 | $6,704 | $6,704 |
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 48 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 $1,275. Tabor View Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Division Street Lofts | Burnside | Studio,1BA | $1,275 |
| Tabor View Lofts | Richmond | Studio,1BA | $1,295 |
| The Fifty at Division | Burnside | Studio,1BA | $1,305 |
| Creston Villa | 1 Bedroom 1 Bath | 1BR,1BA | $1,345 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $1,350 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,375 |
| Clinton Court | 1X1 A | 1BR,1BA | $1,425 |
| The Hawthorne | 1x1u | 1BR,1BA | $1,495 |
| Artisan Apartments | 0x1B | Studio,1BA | $1,499 |
| The Waverleigh Apartments | 3 Bedroom Down | 3BR,1BA | $2,199 |
Best Value Apartments for Rent in Richmond, OR
As of May 25, 2026 the best value apartment in the Richmond area is the $2.30 price per square foot 3 Bedroom Up Model at The Waverleigh Apartments in the in the Southeast Portland neighborhood starting from $2,299. The second greatest value Richmond apartment is the 1 Bedroom 1 Bath Model at Creston Villa starting at $1,345 with a $2.10 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 | 3 Bedroom Up | 3BR,1BA | $2.30 |
| Creston Villa | 1 Bedroom 1 Bath | 1BR,1BA | $2.10 |
| Moreland Place Apartments | 1x1 | 1BR,1BA | $2.25 |
| The Hawthorne | 1x1u | 1BR,1BA | $2.51 |
| Artisan Apartments | 0x1B | Studio ,1BA | $2.85 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.72 |
| The Fifty at Division | Burnside | Studio ,1BA | $2.62 |
| Tabor View Lofts | Richmond | Studio ,1BA | $2.67 |
| Clinton Court | 1X1 A | 1BR,1BA | $3.14 |
| Division Street Lofts | St. John | Studio ,1BA | $3.05 |
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 Article
Don'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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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Do you know the Richmond area?
If you’re an expert on all things Richmond, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleRichmond, Portland, OR
Ranked #109
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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!
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 $1,275.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,345 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.