
Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $310 (207 Rentals) Page 3 of 5
Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.


Cherry Hill Apartments

The Sellina

Tabor View Lofts

Wheelhouse Lofts 2

Creston Villa

Powell

Tristin Square Apartments

4425 SE 26TH Ave

North Moreland Court
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.

Fairmont Place

Division Terrace

Anthology on Division

Hunter's Ridge Apartments

Warnell Apartments!

Shamrock

Crystal Springs Apartments

Britney Forest Apartments

Shady Glen Apartments

Moreland Crossing

Division Street Lofts

Shalimar Apartments

Wheel House Lofts

East 12 Lofts

Pacific Crest

The Fifty at Division

3430 SE 68th Ave

Queen Marie

5902-5920 SE Milwaukie Ave

61st Avenue Apartments

Villa 34 Apartments

1135 SE 27th Ave

Insley Apartments

Abernethy Flats

The Emery Apartments

Hudson Court Apartments

Modera Woodstock

Terrace View Apartments

The Lenox

Eastbank Quarters

Crystal Shores Apartments

1330 SE Lafayette St

Brooklyn Yard

1107000

Sellwood 5 Plex

Artisan Apartments

Crown Point Apartments

PM-131 1940 SE 12th

Sellwood

4204 - 4232 SE Cesar E Chavez Blvd
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 | $1,361 | $900 | $2,213 |
| Reed 1 Bedroom Apartments | $1,829 | $1,150 | $3,433 |
| Reed 2 Bedroom Apartments | $2,744 | $1,350 | $8,253 |
| Reed 3 Bedroom Apartments | $2,926 | $1,950 | $6,754 |
Browse Apartments in this Neighborhood
There are currently 207 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 $1,250.
What is the price of a cheap apartment in Reed?
The cheapest apartment in Reed is Powell Gardens Apartments which is listed at $1,295, while the average apartment in Reed costs $1,799.
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 31 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 $382 which is $1,417 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

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.

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.

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.

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.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.