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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 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richmond area of Portland.
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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
$1,205 - $1,566
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,180 - $1,541
Required Monthly Fees
$25
Total Monthly Price
$1,205 - $1,566
Division Street Lofts
4725 SE Division StPortland, OR 97206
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$1,235 - $2,060
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,210 - $2,035
Required Monthly Fees
$25
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$1,235 - $2,060
Tabor View Lofts
2655 SE 50th AvePortland, 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
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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Rent Specials
$1,295 - $1,6501 to 2 Bedroom Apartments Available Now
Moreland Place Apartments
3612 SE 28th PlPortland, OR 97202
1422 SE 29th Ave
PortlandOR97214
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$1,375 - $1,6651 to 2 Bedroom Apartments Available Mar 1
Powell Gardens Apartments
3410-3532 SE 33rd AvePortland, OR 97202
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$1,375
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Studio Apartment Available Mar 1Total Monthly Price
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$1,375
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$1,375
3276 SE Grant St, Unit Zen Den
3276 SE Grant StPortland, OR 97214
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$1,399 - $1,4951 Bedroom Apartments Available Now
The Hawthorne
4707 SE Hawthorne BlvdPortland, OR 97215
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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Studio to 1 Bedroom Apartments
Division Terrace
2880 SE Division StPortland, OR 97202
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Studio to 2 Bedroom Apartments
Oliver Apartments
4330 SE Division StPortland, OR 97206
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Studio to 2 Bedroom Apartments
Powell
3605 SE 38th AvePortland, OR 97202
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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
The Fifty at Division
4975 SE Division StPortland, OR 97206
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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Clinton Court
2725 SE 29th AvePortland, OR 97202
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The Hub
3423 SE Hawthorne BlvdPortland, OR 97214
Showing Results 1-17, 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 | $1,419 | $1,000 | $2,060 |
| Richmond 1 Bedroom Apartments | $1,412 | $1,295 | $1,650 |
| Richmond 2 Bedroom Apartments | $1,635 | $1,495 | $1,895 |
| Richmond 3 Bedroom Apartments | $6,165 | $2,369 | $9,961 |
| Richmond 4 Bedroom Apartments | $8,175 | $8,175 | $8,175 |
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 17 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 Terrace priced from $1,049. Division Street Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,205. Here are the most affordable Richmond apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Division Terrace | 0BR/1.0BA | Studio,1BA | $1,049 |
| Division Street Lofts | Tilikum | Studio,1BA | $1,205 |
| Creston Villa | 1 Bedroom 1 Bath | 1BR,1BA | $1,225 |
| The Fifty at Division | St. Johns | Studio,1BA | $1,235 |
| Tabor View Lofts | Richmond | Studio,1BA | $1,235 |
Best Value Apartments for Rent in Richmond, OR
As of February 23, 2026 the best value apartment in the Richmond area is the $2.22 price per square foot 2 Bedroom Up Model at Waverleigh Apartments in the in the Southeast Portland neighborhood starting from $1,775. The second greatest value Richmond apartment is the 2 Bedroom 1 Bath Model at Creston Villa starting at $1,560 with a $1.96 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. |
|---|---|---|---|
| Waverleigh Apartments | 2 Bedroom Up | 2BR,1BA | $2.22 |
| Creston Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.96 |
| Sunshine Portland | Two Bedroom A | 2BR,1BA | $2.37 |
| Theory 33 | Floor Plan Type: Q | 2BR,2BA | $2.45 |
| Moreland Place Apartments | 2x1RV | 2BR,1BA | $2.17 |
| The Hawthorne | 1x1a | 1BR,1BA | $2.41 |
| Division Terrace | 1BR/1.0BA | 1BR,1BA | $2.55 |
| Tabor View Lofts | Buckman | Studio ,1BA | $2.71 |
| The Hub | 0BR/1.0BA | Studio ,1BA | $2.78 |
| The Fifty at Division | St. Johns | Studio ,1BA | $2.80 |
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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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 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
Read ArticleQuick Rent Budget Calculator
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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 #113
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
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Division Terrace listed at $1,049.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,225 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 $1,495 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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.