
Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $300 (178 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.


Galaxie at Sellwood

3055 SE 20th Ave, Unit 3055

Griffis South Waterfront

Total Monthly Price
The Ardea Apartments

The Woodstock!

The Tristan

1026 SE 29th Ave

3805-3805 SE Cesar Estrada Chavez Blvd, Unit 3803 - 01

3601 S River Pkwy
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Stock

3348-3350-3350 SE Taylor St

Z_Howard House

Z_Kateri Park

Z_Esperanza Court

Z_Caritas Sacred Heart Villa

Cedar Flats

Yamhill at Sixth

Brentwood Apartments

Royal Gardens Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Enclave 54

Lynnwood Apartments

Cardy on Woodstock

Dean River

Tabor West Apartments

Shamrock Apartments

Tenino Terrace

1627 SE Reedway St

Spruce

Francis Street Apartments
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Yukon Flats

MacAdam Apartments

Oliver Apartments

Roseland Apartments

Cherry Hill Apartments

The Sellina

Tabor View Lofts

Wheelhouse Lofts 2

Powell

Tristin Square Apartments
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.

4425 SE 26TH Ave

North Moreland Court

Fairmont Place

Division Terrace

Hunter's Ridge Apartments

Warnell Apartments!

Britney Forest Apartments

Shady Glen Apartments

Crystal Springs Apartments

Division Street Lofts
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,371 | $875 | $2,250 |
| Reed 1 Bedroom Apartments | $1,740 | $1,000 | $3,096 |
| Reed 2 Bedroom Apartments | $2,452 | $1,290 | $7,180 |
| Reed 3 Bedroom Apartments | $3,450 | $1,845 | $7,124 |
| Reed 4 Bedroom Apartments | $13,185 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 178 rentals with your search options within a 2 mile radius of the Reed Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
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 $1,299.
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 $13,104.
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 51 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 $400 which is $12,704 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 Insider's 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.