5515 SE 18th Ave
PortlandOR97202
Cheap Homes for Rent in the Reed Neighborhood of Portland, OR from $645 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Reed area of Portland.
1936 SE Insley St
PortlandOR97202
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$925Studio Apartments Available Now
7006 SE 66th Ave, Unit 3 Basement
7006 SE 66th AvePortland, OR 97206
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$1,1501 Bedroom Apartments Available Now
7006 SE 66th Ave, Unit 1
7006 SE 66th AvePortland, OR 97206
1135 SE 27th Ave
PortlandOR97214
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$1,3951 Bedroom Apartments Available Now
2919 SE Division St, Unit 302
2919 SE Division StPortland, OR 97202
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$1,4251 Bedroom Apartments Available Now
4232-4232 SE Cesar Estrada Chavez Blvd, Unit 4224
4232-4232 SE Cesar Estrada Chavez BlvdPortland, OR 97202
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.
5885 S Macadam Ave
PortlandOR97239
1113 SE 27th Ave
PortlandOR97214
1327 SE Nehalem St
PortlandOR97202
3622 SE Harrison St
PortlandOR97214
5222 SE Holgate Blvd
PortlandOR97206
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$1,6001 Bedroom Apartments Available Now
3628-3634 SE Milwaukie Ave, Unit 3632
3628-3634 SE Milwaukie AvePortland, OR 97202
3601 S River Pky, Unit 1316
3601 S River Pky
PortlandOR97239
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
3510 SE 61st Ave
PortlandOR97206
3924 SE Grant Ct
PortlandOR97214
3570 S River Pkwy
PortlandOR97239
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$1,7952 Bedroom Apartments Available Sep 15
1735 SE 35th Ave
1735 SE 35th AvePortland, OR 97214
3407 SE Steele St
PortlandOR97202
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$1,8001 Bedroom Apartments Available Oct 7
4117-4123-4123 SE Long St, Unit 4123
4117-4123-4123 SE Long StPortland, OR 97202
4005 SE Boise St
PortlandOR97202
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
3021 SE 6th Ave
PortlandOR97202
3601 S River Pkwy, Unit 1302
3601 S River Pkwy
PortlandOR97239
6106 SE Boise St
PortlandOR97206
1930 S River Dr
PortlandOR97201
2522 SE 29th Ave
PortlandOR97202
2536 SE 29th Ave
PortlandOR97202
4424 SE 66th Ave
PortlandOR97206
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1726 SE 21st Ave, Unit B
1726 SE 21st Ave
PortlandOR97214
Showing Results 1-29, Page 1 of 1
Reed, Portland, OR Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Reed?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reed 2 Bedroom Homes for Rent | $2,579 | $1,545 | $4,350 |
| Reed 3 Bedroom Homes for Rent | $3,061 | $2,295 | $5,200 |
| Reed 4 Bedroom Homes for Rent | $4,219 | $3,195 | $5,500 |
| Reed 5 Bedroom Homes for Rent | $4,248 | $3,700 | $4,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Reed Neighborhood of Portland, OR.
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Reed, Portland, OR Local Guide
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Cheapest Available Reed Apartments for Rent
The cheapest available apartment rental in the Reed area of Portland, OR is a Studio unit found at Hazel Ying Lee Apartments priced from $950. Studio Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Reed apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hazel Ying Lee Apartments | Studio | Studio,1BA | $950 |
| Studio Pointe Apartments | Studio 1 | Studio,1BA | $995 |
| Wimbledon Square And Gardens | Windermere | Studio,1BA | $1,137 |
| Dean River Apartments | 0BR/1.0BA | Studio,1BA | $1,149 |
| Brookland | Studio, 1 Bathroom | Studio,1BA | $1,199 |
| Sellwood Apartments | Alcove Studio 515 | Studio,1BA | $1,225 |
| Anthology on Division | Studio - H | Studio,1BA | $1,245 |
| The Woodstock! | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Reed, OR
As of September 05, 2026 the best value apartment in the Reed area is the $1.75 price per square foot 2411 SE Main St Model at 2411 SE Main St, Unit Spacious 3-Bedroom Home in the in the Southeast Portland neighborhood starting from $3,150. The second greatest value Reed apartment is the 5625 SE Powell Blvd Model at 5625 SE Powell Blvd, Unit 5625 starting at $2,400 with a $1.41 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Reed apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2411 SE Main St, Unit Spacious 3-Bedroom Home | 2411 SE Main St | 3BR,2.5BA | $1.75 |
| 5625 SE Powell Blvd, Unit 5625 | 5625 SE Powell Blvd | 2BR,2BA | $1.41 |
| Z_Caritas Sacred Heart Villa | Studio | Studio ,1BA | $0.96 |
| Crown Point Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.27 |
| Garden Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.94 |
| The Tristan | 2 Bedroom 2 Bath - 83912 | 2BR,2BA | $1.97 |
| 3334 55th SE Ave, Unit 3334 | 3334 55th SE Ave | 1BR,1BA | $1.59 |
| 3336 SE 55th Ave, Unit 3334 | 3336 SE 55th Ave | 1BR,1BA | $1.81 |
| Gray's Landing | One-Bedroom | 1BR,1BA | $1.88 |
| Tristin Square Apartments | 1 Bedroom, 1 Bath lg | 1BR,1BA | $1.99 |
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.
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Best Local Schools in Reed, Portland, OR
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Frequently Asked Questions about Reed
What type of rentals are currently available in Reed?
There are currently 799 Apartments for Rent in Reed, OR with pricing that ranges from $900 to $8,253. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reed ranging from $645 to $5,500.
What is the current price range for Rental Homes in Reed?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Reed ranges from $645 to $5,500 with an average monthly rent of $2,687.
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
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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.
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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.