5+ Days Ago
Highlights
- Dishwasher
- Fireplace
- Refrigerator
- Onsite parking
- Gas range
- Free street parking
Location
506 Ne Russell St, Portland, OR 97212, USA|Eliot
Tour 506 Ne Russell St
Contact
Reliance Property Management Inc.
Nearby rentals
Renter hub
Property management
Apartments for rent PortlandApartments for rent VancouverApartments for rent GreshamApartments for rent Northwest DistrictApartments for rent BeavertonApartments for rent HillsboroApartments for rent AlohaApartments for rent TigardApartments for rent HazelwoodApartments for rent MilwaukieApartments for rent KeizerApartments for rent KeizerApartments for rent RockwoodApartments for rent Central BeavertonApartments for rent CentennialApartments Near Me
Houses for rent PortlandHouses for rent Oak HillsHouses for rent Sommerset West - Elmonica NorthHouses for rent Downtown PortlandHouses for rent VancouverHouses for rent BeavertonHouses for rent HillsboroHouses for rent Northwest DistrictHouses for rent Sommerset West - Elmonica SouthHouses for rent Lake OswegoHouses for rent TualatinHouses for rent Southwest HillsHouses for rent HomesteadHouses for rent Powellhurst - GilbertHouses for rent GreenwayHouses for rent near me
Property Overview
Comfort and convenience stand out with in‑home essentials like a dishwasher, gas range, refrigerator, fireplace, onsite parking, and free street parking, plus 19 photos that provide a clear view of the space. The location supports remote work with high‑speed internet, nearby coworking‑friendly cafes, large windows, and a generally quiet environment. Social connections are easy to maintain thanks to walkable access to abundant dining options, transit choices, and a nearby top‑rated middle school.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Images Available
Great for
Social life
Work-from-home
Amenities for 506 Ne Russell St, Eliot
Features
| Air Conditioning | Full Kitchen |
| Hardwood Floor | Shower/Tub Combo |
Appliances
| Dishwasher | Full Size Appliances |
| Microhood | Range |
| Refrigerator |
Community
| Large Basement |
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
Advertisement
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! Its lovely front living room is adorned with sun loving, picture framed windows with built-in mantel on either side of the candle fireplace. 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: AC, 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 = $2350 plus garbage reimbursement (based on tenant needs) Security Deposit: $1900 Utilities paid by tenant: Electric, gas, water/sewer, internet, cable, and garbage reimbursement Laundry: Hookup available. Full size Washer and dryer in basement currently but appliances will not be replaced nor repaired by landlord if future issues occur 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 **Application period is OPEN! Applications accepted through Reliance's website only: https reliance appfolio com listings detail c3a70c23-2b4f-475d-b696-4e3081e64d80 * 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
- Images Available
- There are at least 10 photos of this address
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 |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Eliot
2-bedroom apartments at 506 Ne Russell St cost about 7% more than the average rent price for 2-bedroom apartments in Portland.
Median rents as of May 9 2026.
Eliot
Portland
| Month | Median Rent |
|---|---|
| May 2024 | $1,765 |
| 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 | $1,692 |
| April 2026 | $1,695 |
| May 2026 | $1,713 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,895 |
| 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 | $2,276 |
| April 2026 | $2,103 |
| May 2026 | $2,196 |
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
$94,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 2-bedrooms monthly rent price of $2,350.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $2,500 |
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
Advertisement
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
8/10
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
Compare similar properties nearby
The Woods on Marquam Hill
Our team has verified this companyHomestead • 1311 Sw Gibbs St
1–2 Beds
$1,425–$2,145
- cats ok
- dishwasher
- in-unit laundry
Kearney Court Apartments
Our team has verified this companyNorthwest District • 2250 Nw Kearney St
1 Bed
$1,700
- cats ok
- dishwasher
- in-unit laundry
Willamette Townhouse
Our team has verified this companyArdenwald • 3236 Se Harvey St
2 Beds
$1,650–$1,750
- cats ok
- dishwasher
- in-unit laundry
Sarah Court
Our team has verified this companyCedar Hills - Cedar Mill • 13409 Nw Sherry St
1–2 Beds
$1,495–$1,795
- cats ok
- dishwasher
- in-unit laundry
- cats ok
- dishwasher
- in-unit laundry
- cats ok
- dishwasher
- in-unit laundry
Overlook at Murrayhill Apartments
Our team has verified this companyNeighbors Southwest • 14595 Sw Osprey Dr
1–2 Beds
$1,355–$1,965
- cats ok
- dishwasher
- in-unit laundry
Acqua Apartments
Our team has verified this companyCorbet - Terwilliger - Lair Hill • 2615 S Water Ave
1–2 Beds
$1,325–$1,775
- cats ok
- dishwasher
- in-unit laundry
The Woods on Marquam Hill
Our team has verified this companyHomestead • 1311 Sw Gibbs St
1–2 Beds
$1,425–$2,145
- cats ok
- dishwasher
- in-unit laundry
Kearney Court Apartments
Our team has verified this companyNorthwest District • 2250 Nw Kearney St
1 Bed
$1,700
- cats ok
- dishwasher
- in-unit laundry
Willamette Townhouse
Our team has verified this companyArdenwald • 3236 Se Harvey St
2 Beds
$1,650–$1,750
- cats ok
- dishwasher
- in-unit laundry
Sarah Court
Our team has verified this companyCedar Hills - Cedar Mill • 13409 Nw Sherry St
1–2 Beds
$1,495–$1,795
- cats ok
- dishwasher
- in-unit laundry
- cats ok
- dishwasher
- in-unit laundry
- cats ok
- dishwasher
- in-unit laundry
Overlook at Murrayhill Apartments
Our team has verified this companyNeighbors Southwest • 14595 Sw Osprey Dr
1–2 Beds
$1,355–$1,965
- cats ok
- dishwasher
- in-unit laundry
Acqua Apartments
Our team has verified this companyCorbet - Terwilliger - Lair Hill • 2615 S Water Ave
1–2 Beds
$1,325–$1,775
- cats ok
- dishwasher
- in-unit laundry
Check availability
Studio apartment rentals in Eliot341 listings
341 listings
Studio apartment rentals in Portland341 listings
341 listings
3 Bedroom house rentals in Portland118 listings
118 listings
Advertisement