Russell is a city in Lyon County, Minnesota, United States. The population was 338 at the 2010 census. 34% of Russell residents report German ancestry and 6% report Irish.

Russell was platted in 1888, and named for Russell Spicer, the son of the settler credited with bringing the railroad to the community. A post office has been in operation at Russell since 1889. Russell was incorporated in 1898.

The city has a total area of 0.97 square miles (2.51 km2), of which 0.91 square miles (2.36 km2) is land and 0.06 square miles (0.16 km2) is water. Elevation is 1,522 feet. The Redwood River flows through the city.  Minnesota State Highways 23 and 91 are two of the main routes in the community.

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