4811 SE Haig St
PortlandOR97206
Cheap Homes for Rent in Richmond Neighborhood of Portland, OR from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Richmond area of Portland.
5123 SE Hawthorne Blvd
PortlandOR97215
Showing Results 1-2, Page 1 of 1
Richmond, Portland, OR Local Guide
Shopping by Kyle Burris is licensed under Internal
How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,875 | $1,875 | $1,875 |
| Richmond 3 Bedroom Homes for Rent | $3,075 | $2,195 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Richmond Neighborhood of Portland, OR.
Explore Portland
Richmond, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Richmond, OR
As of July 28, 2025 the best value apartment in the Richmond area is the $2.27 price per square foot 2 Bedroom Up Model at Waverleigh Apartments in the in the Southeast Portland neighborhood starting from $1,815. The second greatest value Richmond apartment is the 1 Bedroom - 788 sq. ft. Model at Hawthorne 44 starting at $1,800 with a $2.28 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 | $2.27 |
| Hawthorne 44 | 1 Bedroom - 788 sq. ft. | 1BR,1BA | $2.28 |
| Theory 33 | Floor Plan Type: U | 1BR,1BA | $2.58 |
| Artisan Apartments | 0x1B | Studio ,1BA | $2.85 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.67 |
| Sunshine Portland | Studio A | Studio ,1BA | $2.68 |
| Tabor View Lofts | Richmond | Studio ,1BA | $2.69 |
| The Fifty at Division | St. Johns | Studio ,1BA | $2.78 |
| Division Street Lofts | Morrison | Studio ,1BA | $2.96 |
| 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.
Let everyone know!
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.
Write a Review
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 118 Apartments for Rent in Richmond, OR with pricing that ranges from $950 to $2,299. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $900 to $3,995.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $900 to $3,995 with an average monthly rent of $2,015.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.