Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $500 (77 Rentals) Page 2 of 2

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Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.

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Warnell Apartments!
Studio to 1 Bedroom Apartments

Warnell Apartments!

1512 SE 16th AvePortland, OR 97214
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Powell
Studio to 2 Bedroom Apartments

Powell

3605 SE 38th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202
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Moreland Crossing
Studio to 2 Bedroom Apartments

Moreland Crossing

8150 SE 23rd AvePortland, OR 97202
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East 12 Lofts
Studio to 1 Bedroom Apartments

East 12 Lofts

1100 SE 12th AvePortland, OR 97214
Student Housing
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Creston Villa
1 to 3 Bedroom Apartments

Creston Villa

3608 SE 40th AvePortland, OR 97202
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Fairmont Place
1 to 2 Bedroom Apartments

Fairmont Place

730 SE Franklin StPortland, OR 97202
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Margot
Studio to 1 Bedroom Apartments

The Margot

2919 SE Division StPortland, OR 97202
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Britney Forest Apartments
1 to 2 Bedroom Apartments

Britney Forest Apartments

3904-4014 SE 39th AvePortland, OR 97202
Corporate Housing
  • Utilities Included
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Wheel House Lofts
Studio to 1 Bedroom Apartments

Wheel House Lofts

8130 SE 6th AvePortland, OR 97202
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Shalimar Apartments
2 Bedroom Apartments

Shalimar Apartments

3112 SE 9th AvePortland, OR 97202
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Pacific Crest
1 to 2 Bedroom Apartments

Pacific Crest

5235 SE Lambert StPortland, OR 97206
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Villa 34 Apartments
Studio to 2 Bedroom Apartments

Villa 34 Apartments

3807 SE 34th AvePortland, OR 97202
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Insley Apartments
1 to 2 Bedroom Apartments

Insley Apartments

5350 SE 18th AvePortland, OR 97202

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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The Hub
Studio to 1 Bedroom Apartments

The Hub

3423 SE Hawthorne BlvdPortland, OR 97214
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3430 SE 68th Ave
2 Bedroom Apartments

3430 SE 68th Ave

3430 SE 68th AvePortland, OR 97206
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Clinton Court
Studio to 1 Bedroom Apartments

Clinton Court

2725 SE 29th AvePortland, OR 97202
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Queen Marie
Studio to 2 Bedroom Apartments

Queen Marie

1210 SE 20th AvePortland, OR 97214
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Highland Terrace Apartments
Studio to 1 Bedroom Apartments

Highland Terrace Apartments

2023-2051 SE MadisonPortland, OR 97214
Corporate Housing
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Abernethy Flats
Studio to 1 Bedroom Apartments

Abernethy Flats

2014 SE 11th AvePortland, OR 97214
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Hudson Court Apartments
1 to 2 Bedroom Apartments

Hudson Court Apartments

4125-4153 SE 39th AvePortland, OR 97202
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Frequently Asked Questions about Cheap Reed Apartments

What is a cheap apartment in Reed?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Reed is under $1,175.

What is the price of a cheap apartment in Reed?

The cheapest apartment in Reed is Gray's Landing which is listed at $1,102, while the average apartment in Reed costs $8,165.

What types of apartments are the cheapest in Reed?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Reed that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Reed?

Cheap apartments in Reed have an average cost of $353 which is $7,812 cheaper than the average rent for all rentals in Reed.

Expert Rental Resources

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.

Helpful Local Expert Guides

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.