
Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $300 (176 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.


Hawthorne @ Ladd's - 1 & 2 Bedroom Apartment Homes

The Morgan

Galaxie at Sellwood

Holm at Sellwood

Total Monthly Price
3808 SE Cesar Estrada Chavez Blvd, Unit 8

7959 SE 64th Ave

2618 SE 51st Ave, Unit B

3055 SE 20th Ave, Unit 3055

1680 SE Rex St, Unit 2
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Total Monthly Price
1666 SE Umatilla St, Unit 4

Griffis South Waterfront

NHLM - Nehalem 13 **************

Total Monthly Price
The Ardea Apartments

2830-2836-2836 SE 50th Ave

4222 SE Holgate Blvd, Unit 4222

Total Monthly Price
3403 SE Madison St, Unit #3403

The Woodstock!

The Tristan

2735 SE Clinton St
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3601 S River Pkwy

The Stock

Z_Howard House

Z_Kateri Park

Z_Esperanza Court

Z_Caritas Sacred Heart Villa

Cedar Flats

Yamhill at Sixth

Brentwood Apartments

Royal Gardens Apartments
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

Cardy on Woodstock

Enclave 54

Lynnwood Apartments

Dean River

Tabor West Apartments

Shamrock

Tenino Terrace

1627 SE Reedway St

Francis Street Apartments

Spruce

Yukon Flats

MacAdam Apartments

The Sellina

Oliver Apartments

Roseland Apartments

Cherry Hill Apartments

Wheelhouse Lofts 2

The Lenox

5885 S Macadam Ave

Powell
Reed, Portland, OR Local Guide

How much does it cost to rent an apartment in Reed?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reed Studio Apartments | $1,367 | $950 | $2,056 |
| Reed 1 Bedroom Apartments | $1,711 | $1,000 | $3,009 |
| Reed 2 Bedroom Apartments | $2,400 | $1,245 | $8,500 |
| Reed 3 Bedroom Apartments | $3,768 | $1,950 | $7,824 |
| Reed 4 Bedroom Apartments | $8,469 | $6,914 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 176 rentals with your search options within a 2 mile radius of the Reed Neighborhood of Portland, OR.
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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 $1,295.
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 $7,059.
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 32 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 $385 which is $6,674 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

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.

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.

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.

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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.