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Cheap Homes for Rent in Russell Neighborhood of Portland, OR from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Russell area of Portland.
225 SE 126th Ave
PortlandOR97233
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4553 NE 105th Ave
PortlandOR97220
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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.
736 NE 94th Ave
PortlandOR97220
738 NE 94th Ave
PortlandOR97220
16528 NE Glisan St
PortlandOR97230
10626 NE Knott St
PortlandOR97220
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213 NE 148th Ave
PortlandOR97230
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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 | $1,756 | $1,395 | $2,600 |
| Russell 3 Bedroom Homes for Rent | $2,267 | $1,945 | $2,500 |
| Russell 4 Bedroom Homes for Rent | $2,549 | $2,250 | $2,949 |
| Russell 5 Bedroom Homes for Rent | $3,455 | $3,455 | $3,455 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Buri Building | Studio SIM | Studio,1BA | $799 |
| Parkview Apartments | Studio | Studio,1BA | $900 |
| Terracina Vista | One Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Russell, OR
As of November 15, 2025 the best value apartment in the Russell area is the $1.36 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $1,800. The second greatest value Russell apartment is the 3433 NE Cadet Ave Model at 3433 NE Cadet Ave, Unit Upper starting at $1,850 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Tree | 2 Bedroom | 2BR,1BA | $1.36 |
| 3433 NE Cadet Ave, Unit Upper | 3433 NE Cadet Ave | 2BR,1BA | $1.48 |
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
| Halsey Summit Apartments | 3 Bedroom, 1.5 Bath | 3BR,1.5BA | $1.09 |
| Melrose Court Apartments | Townhome | 2BR,1.5BA | $1.42 |
| SAGEWOOD ESTATES | 2 Bed 2 Bath | 2BR,2BA | $1.48 |
| Red Rose Manor | 2BR2B | 2BR,2BA | $1.45 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.38 |
| Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
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.
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Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
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Pet Friendly LifestyleRussell, Portland, OR
Ranked #39
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 368 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 $1,250 to $3,455.
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 $1,250 to $3,455 with an average monthly rent of $2,255.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.