
Cheap Studio Apartments for Rent in the Reed Neighborhood of Portland, OR from $945 (46 Rentals)


The Tristan

MF 11 - Cedarhurst Village Apartments

Tabor Commons

Wimbledon Square And Gardens

The Matisse

Hazel Ying Lee Apartments

Total Monthly Price
Division Street Lofts

Sellwood Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
Tabor View Lofts

Total Monthly Price
The Morgan

Brookland Apartments

Nehalem 13

Goat Blocks

Total Monthly Price
Ella

Total Monthly Price
Griffis South Waterfront

Total Monthly Price
The Dylan

Total Monthly Price
Sanctuary
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Emery

Novus

Z_Howard House

Cedar Flats

Yamhill at Sixth

Cardy on Woodstock

Enclave 54

Lynnwood Apartments

Division Terrace
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.

Dean River

The Lenox

Spruce

MacAdam Apartments

Roseland Apartments

The Sellina

Warnell Apartments!

Wheelhouse Lofts 2

Powell
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.

Moreland Crossing

East 12 Lofts

The Fifty at Division

The Margot

Wheel House Lofts

Yukon Flats

Clinton Court

Villa 34 Apartments

The Hub
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.

Abernethy Flats
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 | $1,346 | $945 | $1,900 |
| Reed 1 Bedroom Apartments | $1,808 | $1,102 | $3,220 |
| Reed 2 Bedroom Apartments | $2,650 | $1,395 | $7,005 |
| Reed 3 Bedroom Apartments | $3,856 | $1,760 | $8,048 |
| Reed 4 Bedroom Apartments | $8,502 | $5,500 | $10,000+ |
Explore Portland
Reed, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Reed, Portland, OR
School data provided by Great Schools
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 Studio Pointe Apartments which is listed at $945, 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

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

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.

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.

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.

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.