
Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $300 (178 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.


The Lenox

Wheel House Lofts

Shalimar Apartments

East 12 Lofts

Pacific Crest

The Fifty at Division

3430 SE 68th Ave

Queen Marie

5902-5920 SE Milwaukie Ave
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

61st Avenue Apartments

Villa 34 Apartments

Insley Apartments

Abernethy Flats

Hudson Court Apartments

Modera Woodstock

Creston Villa

Eastbank Quarters

Margot01

Crystal Shores Apartments

1330 SE Lafayette St

Brooklyn Yard

4127 SE 28th Ave

Crown Point Apartments

Sellwood

Sherm Apartments

Park Place Apartments

Clinton Court

Hawthorne Twenty-Six

The Emery Apartments

The Hub PDX Apartments

1135 SE 27th Ave

Cedar Flats

Hat House Apartments

Milwaukie Avenue Apartments

Parkview Terrace

2230 SE Yamhill St

Artisan Apartments

OR - 2311-2317 SE Hawthorne Blvd - KF

5628 SE Rural St

5885 S Macadam Ave

Stock

4452 SE Milwaukie Ave

Sellwood 13

Boathouse

Ravenbourne Apartments

4204 - 4232 SE Cesar E Chavez Blvd

3339 SE Division St

Shade Tree Apartments

4330 SE Milwaukie Ave
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.
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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 $1,299.
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.