Cheap Homes for Rent in Russell Neighborhood of Portland, OR from $1,400 (12 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. Parkview Apartments 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 BuildingStudioStudio,1BA$799
Parkview ApartmentsStudioStudio,1BA$900
Traditions at HazelwoodA1S1BR,1BA$995
Alder Royal Apartments1BR/1.0BA1BR,1BA$995
seaside021BR/1.0BA1BR,1BA$995

Best Value Apartments for Rent in Russell, OR

As of July 25, 2025 the best value apartment in the Russell area is the $1.46 price per square foot 3BR/2.0BA Model at 120 SE 143rd Portland, LLC in the in the East Portland neighborhood starting from $1,750. The second greatest value Russell apartment is the 3 bedroom Model at Plaza de Cedro starting at $1,267 with a $1.10 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.
120 SE 143rd Portland, LLC3BR/2.0BA3BR,2BA$1.46
Plaza de Cedro3 bedroom3BR,2BA$1.10
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.52
Fern Grove3BR 1Bath3BR,1BA$1.39
Maple Meadows2BR/1.0BA2BR,1BA$1.50
Gateway Plaza Apartments2BD, 1BTH A2BR,1BA$1.51
Castillian Townhomes2X1.52BR,1.5BA$1.49
Gateway ParkOne Bedroom1BR,1BA$1.40
SAGEWOOD ESTATES2 Bed 1 Bath A2BR,1BA$1.50
Windsor Court Apartments1 Bedroom1BR,1BA$1.51

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Frequently Asked Questions about Russell

What type of rentals are currently available in Russell?

There are currently 351 Apartments for Rent in Russell, OR with pricing that ranges from $799 to $2,650. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $1,400 to $3,600.

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 $1,400 to $3,600 with an average monthly rent of $2,396.

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.

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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.

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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.

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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.

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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.