Cheap Studio Apartments for Rent in the Reed Neighborhood of Portland, OR from $950 (56 Rentals)

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The Dylan
Rent Specials
$1,295 - $1,698
Total Monthly Price

Total Monthly Price

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$1,295 - $3,653
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Studio Apartments Contact Us For Availability

The Dylan

3883 S Moody AvePortland, OR 97239
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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Novus
Rent Specials
$1,325 - $1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,699
Total Monthly Price
$1,425 - $1,699
Studio Apartments Available Jul 2

Novus

4981 SE Woodstock BlvdPortland, OR 97206
Transit Friendly
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Sanctuary
Rent Specials
$1,345
Total Monthly Price

Total Monthly Price

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$1,345 - $2,772
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Studio Apartments Available Now

Sanctuary

4940 S Landing DrPortland, OR 97239
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The Frankie
Rent Specials
$1,350 - $1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $4,035
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Studio Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Z_Howard House
Studio Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202
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Cedar Flats
Studio Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
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Yamhill at Sixth
Studio Apartments

Yamhill at Sixth

630 SE Yamhill StPortland, OR 97214
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
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Dean River
Studio Apartments

Dean River

3255 SE 17th AvePortland, OR 97202
Corporate Housing
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Spruce
Studio Apartments

Spruce

1100 SE Sherman StPortland, OR 97214
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Sellina
Studio Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202
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The Lenox
Studio Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Powell
Studio Apartments

Powell

3605 SE 38th AvePortland, OR 97202
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Division Terrace
Studio Apartments

Division Terrace

2880 SE Division StPortland, OR 97202

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.

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East 12 Lofts
Studio Apartments

East 12 Lofts

1100 SE 12th AvePortland, OR 97214
Student Housing
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Boathouse
Studio Apartments

Boathouse

0444 SW Boundary StPortland, OR 97239
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Queen Marie
Studio Apartments

Queen Marie

1210 SE 20th AvePortland, OR 97214
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Yukon Flats
Studio Apartments

Yukon Flats

5965 SE Milwaukie AvePortland, OR 97202
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Tabor View Lofts
Studio Apartments

Tabor View Lofts

2655 SE 50th AvePortland, OR 97206
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Abernethy Flats
Studio Apartments

Abernethy Flats

2014 SE 11th AvePortland, OR 97214

Cash 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.

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Showing Results 1-50, Page 1 of 2

Reed, Portland, OR Local Guide

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!

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Don'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.

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Best Local Schools in
Reed, 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 Studio Pointe Apartments which is listed at $995, 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

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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.

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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

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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

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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.

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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.

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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.

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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.