2 Days Ago
Highlights
- Onsite parking
- Covered front porch
- Formal dining room
- Lovely living room
Location
506 Ne Russell St, Portland, OR 97212, USA|Eliot
Tour 506 Ne Russell St
Contact
Reliance Property Management Inc.
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Amenities for 506 Ne Russell St, Eliot
Features
| Fireplace | Full Kitchen |
| Hardwood Floor | Shower/Tub Combo |
Appliances
| Dishwasher | Full Size Appliances |
| In-Unit Laundry | Microhood |
| Range | Refrigerator |
| Washer and Dryer |
Community
| Large Basement | Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 506 Ne Russell St
Stunning honey oak floors run throughout this lovely 2 bedroom, 1 bath 1800's home. Tall ceilings, curved archways, covered front porch and new roof! It's lovely front living room is adorned with sun loving, picture framed windows, cozy wood burring fireplace with built-in mantel. Through the living room is the formal dining room, conveniently adjacent to the full kitchen. The kitchen hosts full size appliances including; gas range, refrigerator, lifted micro-hood and dishwasher. The kitchen also includes a door to back mud room and out to onsite parking. Easily deliver your groceries into the kitchen without tracking mud through the front door! Both bedrooms include two walls of windows and solid wood doors. The home's full bath has an updated, neutral tiled tub/shower combo with new sink vanity, medicine cabinets and linen cabinetry for personal storage. Further amenities include: onsite parking for one compact vehicle, large basement with full size laundry units, covered front porch & backyard space . Just a block off MLK and close to Broadway restaurants, cafes and boutiques. Near bus routes 6 10 Minutes to Downtown Portland Address: 506 NE Russell St., Portland, OR 97212 Bedrooms: 2 Bathrooms: 1 Sq Ft: 800 Total Monthly Dues = $2500 plus garbage reimbursement Security Deposit: $2000 Utilities paid by tenant: Electric, gas, ater/sewer, internet, cable, and garbage reimbursement Laundry: Full size Washer and dryer in basement Parking: 1 onsite unassigned space for a compact vehicle plus free street parking Lease Option: 12 Month Lease Terms: No smoking. Providing proof of renter's insurance is required prior to taking possession of the property. Accessible Dwelling Unit: No **Applications: In accordance with Portland City Code (FAIR Ordinance) and Oregon Fair Housing laws, the application period will open on March 28, 5:30pm (PST). -Applications received before this time will be subject to an 8-hour penalty, meaning their effective submission time will be recorded as 8 hours after the application period opens. -For groups applying together, the application time is recorded based on the last completed application within the group. * For tenant rights, application and screening laws you can visit the following link: https beta portland gov phb rental-services application-and-screening * NOTE: If you are viewing this listing on a third-party website, please visit our website to ensure the accuracy of the listing description and availability. WE DO NOT ADVERTISE ON. ====================================================================================== Terms, information and condition of property are subject to change. Schools should be independently verified Leasing Information: Monday through Friday Tours are available virtually or in person. Leasing Agent: Patricia **** 503-869-1555
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 506 Ne Russell St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Eliot |
|---|---|
| Zip code | 97212 |
| Type | House for rent |
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Rent trends in Eliot
2-bedroom apartments at 506 Ne Russell St cost about 9% more than the average rent price for 2-bedroom apartments in Portland.
Median rents as of Mar 21 2026.
Eliot
Portland
| Month | Median Rent |
|---|---|
| April 2024 | $1,795 |
| May 2024 | $1,785 |
| June 2024 | $1,817 |
| July 2024 | $1,886 |
| August 2024 | $1,871 |
| September 2024 | $1,861 |
| October 2024 | $1,812 |
| November 2024 | $1,801 |
| December 2024 | $1,795 |
| January 2025 | $1,731 |
| February 2025 | $1,761 |
| March 2025 | $1,777 |
| April 2025 | $1,755 |
| May 2025 | $1,746 |
| June 2025 | $1,743 |
| July 2025 | $1,735 |
| August 2025 | $1,780 |
| September 2025 | $1,757 |
| October 2025 | $1,749 |
| November 2025 | $1,696 |
| December 2025 | $1,695 |
| January 2026 | $1,695 |
| February 2026 | $1,691 |
| March 2026 | $1,691 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,926 |
| May 2024 | $1,891 |
| June 2024 | $2,048 |
| July 2024 | $2,350 |
| August 2024 | $2,279 |
| September 2024 | $2,051 |
| October 2024 | $2,147 |
| November 2024 | $1,988 |
| December 2024 | $1,964 |
| January 2025 | $2,043 |
| February 2025 | $2,008 |
| March 2025 | $1,947 |
| April 2025 | $1,937 |
| May 2025 | $1,797 |
| June 2025 | $1,811 |
| July 2025 | $2,002 |
| August 2025 | $2,169 |
| September 2025 | $2,091 |
| October 2025 | $2,099 |
| November 2025 | $2,118 |
| December 2025 | $2,196 |
| January 2026 | $2,312 |
| February 2026 | $2,249 |
| March 2026 | $2,303 |
Affordability calculator
Can I afford to live at 506 Ne Russell St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Schools near 506 Ne Russell St
Irvington Elementary School
1320 ne brazee st
portland, OR, 97212
K-5Public
B+
Rose City Park
2334 ne 57th ave
portland, OR, 97212
K-5Public
B+
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
Washington State School for the Deaf
611 grand blvd
vancouver, WA, 98661
PK, K-12Public
Functional Living Skills Program
11611 ne ainsworth cir
portland, OR, 97220
K-12Public
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Internet available near 506 Ne Russell St
Getting around Portland near 506 Ne Russell St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 506 Ne Russell St, Portland
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
Explore the area around 506 Ne Russell St
Markado Ethiopia Food Store LLC
2605 NE M L King Blvd
Knott Street Grocery
2709 NE 7th Ave
Chuck J & S Grocery
2415 N Williams Ave
New Seasons Market
2004 N Vancouver Ave
Safeway
1100 NE Broadway St
Capezio
2432 NE M L King Blvd
Leotard
2432 NE M L King Blvd
Christa Michelle Clothing
2808 NE M L King Blvd
Pencil Test
1915 NE M L King Blvd
Pacs Lyfe Clothing LLC
3511 NE M L King Blvd
Goldrush Coffee Bar
2601 NE M L King Blvd
St Simon Coffee Co
2526 NE 15th Ave
Starbucks
1503 NE M L King Blvd
Starbucks
1100 NE Broadway St
Compass Coffee Roasting
3290 N Vancouver Ave
Bunk Bar
128 NE Russell St
Pizza Schmizza Pub & Grub
628 NE Broadway St
Waypost LLC
3120 N Williams Ave
Qdoba Mexican Eats
825 NE Weidler St
Capitol
1440 NE Broadway St
Fishpeaople Seafood Inc-SBSDRS
2540 NE M L King Blvd
Fishpeople
2540 NE M L King Blvd
Fairbanks Bread LLC
1036 NE Hancock St
Gluten Free Gem
140 NE Broadway St
Portland Farmers' Market
240 N Broadway
Dawson Park
Irving Park
Lillis Albina Park
Klickitat Mall
Holladay West Park
Polygon Pizza LLC
2434 NE M L King Blvd
SPARKY'S PIZZA CO
2434 NE M L King Blvd
Killer Burger
325 NE Russell St
Queen of Sheba International Foods
2413 NE M L King Blvd
Twentysix Cafe
2723 NE 7th Ave
NE M L King / Brazee
Martin Luther King Jr Blvd
NE M L King / Knott
Martin Luther King Jr Blvd
NE M L King / Knott
Martin Luther King Jr Blvd
NE M L King / Sacramento
Martin Luther King Jr Blvd
NE M L King / Tillamook
Martin Luther King Jr Blvd
Albina / Mississippi MAX Station
MAX Yellow Line
NE 7th Ave MAX Station
MAX Blue Line, MAX Green Line, MAX Red Line
Convention Center MAX Station
MAX Blue Line, MAX Red Line, MAX Green Line
Convention Center MAX Station
MAX Blue Line, MAX Green Line, MAX Red Line
NE 7th Ave MAX Station
MAX Red Line, MAX Blue Line, MAX Green Line
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