Apartments for Rent in the Reed Neighborhood of Portland, OR Under $1,500 (128 Rentals)

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The Dylan
Rent Specials
$1,295 - $3,653
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$1,295 - $3,653
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Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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Sanctuary
Rent Specials
$1,345 - $2,772
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$1,345 - $2,772
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Studio to 2 Bedroom Apartments Available Now

Sanctuary

4940 S Landing DrPortland, OR 97239
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The Frankie
Rent Specials
$1,350 - $4,035
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$1,350 - $4,035
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Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
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Novus
Rent Specials
$1,425 - $1,699
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$1,425 - $1,699
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$1,425 - $1,699
Studio to 1 Bedroom Apartments Available Jun 4

Novus

4981 SE Woodstock BlvdPortland, OR 97206
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Goat Blocks
Rent Specials
$1,275 - $2,687
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$1,275 - $2,687
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$1,275 - $2,687
Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
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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.

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Ella
Rent Specials
$1,299 - $10,000
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$1,299 - $10,000
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Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
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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.

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The Enclave
$1,450 - $2,000
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$1,450 - $2,000
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$1,450 - $2,000
1 to 3 Bedroom Apartments Contact Us For Availability

The Enclave

3636 SE Mall StPortland, OR 97202
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property at 1605 SE Yukon St

$1,495

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$1,495
Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

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1605 SE Yukon St, Unit B

1605 SE Yukon St
PortlandOR97202

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.

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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

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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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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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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

School data provided by Great Schools

Frequently Asked Questions about Reed

How much are Studio apartments in Reed?

There are currently 386 Studio Apartments in Reed with rent ranges from $950 to $2,056 with an average price of $1,367.

What is the current price range for One Bedroom Reed Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Reed ranges from $1,000 to $3,009 with an average monthly rent of $1,711.

What does renting a Two Bedroom Apartment in Reed cost?

The monthly rent prices of Two Bedroom Apartments currently available in Reed range from $1,245 to $8,500. Today's average rental price for Two Bedrooms here is $2,400.

How expensive are Reed Three Bedroom Apartments?

There are currently 74 Three Bedroom Apartments listings available in Reed on ApartmentHomeLiving.com. The pricing ranges from $1,950 to $7,824 - averaging $3,768 for the location.

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.