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Cheap Homes for Rent in Russell Neighborhood of Portland, OR from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Russell area of Portland.
321 NE 162nd Ave, Unit Attic
321 NE 162nd Ave
PortlandOR97230
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.
16540 NE Glisan St
PortlandOR97230
736 NE 94th Ave
PortlandOR97220
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.
9817 NE Irving St
PortlandOR97220
Showing Results 1-5, Page 1 of 1
Russell, Portland, OR Local Guide
How much does it cost to rent a home in Russell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Russell 2 Bedroom Homes for Rent | $1,730 | $1,495 | $2,050 |
| Russell 3 Bedroom Homes for Rent | $2,313 | $2,025 | $2,795 |
| Russell 4 Bedroom Homes for Rent | $2,883 | $2,350 | $3,499 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Russell Neighborhood of Portland, OR.
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Russell, Portland, OR Local Guide
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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. Alder Royal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Russell apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Buri Building | Studio SIM | Studio,1BA | $799 |
| Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $995 |
| Traditions at Hazelwood | B1S | 2BR,1BA | $995 |
Best Value Apartments for Rent in Russell, OR
As of September 15, 2025 the best value apartment in the Russell area is the $1.43 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $1,900. The second greatest value Russell apartment is the 3BR/1.5BA Model at Parkshore starting at $1,750 with a $1.47 price per square foot in the Argay neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Tree | 2 Bedroom | 2BR,1BA | $1.43 |
| Parkshore | 3BR/1.5BA | 3BR,1.5BA | $1.47 |
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
| Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
| Melrose Court Apartments | Townhome | 2BR,1.5BA | $1.29 |
| Maple Meadows | 2BR/1.0BA | 2BR,1BA | $1.48 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.33 |
| Halsey Summit Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.36 |
| Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
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Pet Friendly LifestyleRussell, Portland, OR
Ranked #53
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Russell, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Russell
What type of rentals are currently available in Russell?
There are currently 358 Apartments for Rent in Russell, OR with pricing that ranges from $799 to $2,400. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $1,095 to $3,499.
What is the current price range for Rental Homes in Russell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Russell ranges from $1,095 to $3,499 with an average monthly rent of $2,030.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.