Cheap Apartments for Rent in the Russell Neighborhood of Portland, OR from $500 (149 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Russell area of Portland.

property at 14407 NE Fremont St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

3 Bedroom, 2 Bath Townhome for Rent

Available Now

14407 NE Fremont St

PortlandOR97230

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Aspire Columbia Ridge
Rent Specials
$1,460 - $2,093
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $2,093
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Aspire Columbia Ridge

15910 NE Sandy BlvdPortland, OR 97230
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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Russell, Portland, OR Local Guide

Cheapest Available Russell Apartments for Rent

 

The cheapest available apartment rental in the Russell area of Portland, OR is a Studio unit found at Buri Building priced from $799. Madison at Parkrose has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Russell apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Buri BuildingStudio SIMStudio,1BA$799
Madison at ParkroseStudioStudio,1BA$900
Crofton Apartments2BD/1BTH2BR,1BA$1,000
Wy'East PlazastudioStudio,1BA$1,001
Pine Point Apartments1x11BR,1BA$1,027
The Aurora1X11BR,1BA$1,034
Huckleberry ApartmentsStudioStudio,1BA$1,050
Wynne Watts CommonsStudioStudio,1BA$1,050
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,088
Eastgate Apartments1X11BR,1BA$1,095

Best Value Apartments for Rent in Russell, OR

As of April 27, 2026 the best value apartment in the Russell area is the $1.18 price per square foot 3BD/3BTH Model at Cedar Tree in the in the East Portland neighborhood starting from $1,950. The second greatest value Russell apartment is the 3BR/2.0BA Model at Stunning 3-bed/2-bath apartments, close to public transit starting at $1,815 with a $1.51 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Tree3BD/3BTH3BR,3BA$1.18
Stunning 3-bed/2-bath apartments, close to public transit3BR/2.0BA3BR,2BA$1.51
Windsor Court Apartments2 Bedroom Loft2BR,2BA$1.40
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Red Rose Manor2BR2B2BR,2BA$1.45
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Windsor Manor Apartments2 Bedroom, 1 Bath sm2BR,1BA$1.47
Brentwood Apartments1BD, 1BTH1BR,1BA$1.41
Crofton Apartments2BD/1BTH2BR,1BA$1.29
Pine Point Apartments1x11BR,1BA$1.48

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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Pet Friendly Lifestyle
Russell, Portland, OR

Ranked #45

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Russell, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, 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 rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Russell Apartments

What is a cheap apartment in Russell?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Russell is under $1,095.

What is the price of a cheap apartment in Russell?

The cheapest apartment in Russell is Pine Point Apartments which is listed at $1,027, while the average apartment in Russell costs $2,900.

What types of apartments are the cheapest in Russell?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 88 regular apartments in Russell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Russell?

Cheap apartments in Russell have an average cost of $496 which is $2,404 cheaper than the average rent for all rentals in Russell.

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.

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