4320 SE Holgate Blvd
PortlandOR97206
Cheap Homes for Rent in Reed Neighborhood of Portland, OR from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Reed area of Portland.
4811 SE Haig St
PortlandOR97206
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1738 SE 38th Ave
PortlandOR97214
4054 SE Holgate Blvd
PortlandOR97202
4221 SE 52nd Ave
PortlandOR97206
2579 SE Cora St
PortlandOR97202
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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4117 SE 28th Ave
PortlandOR97202
2311 SE 11th Ave
PortlandOR97214
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$1,3952 Bedroom Apartments Available Now
3805-3805 SE Cesar Estrada Chavez Blvd
3805-3805 SE Cesar Estrada Chavez BlvdPortland, OR 97202
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6535 SE Reedway St
PortlandOR97206
3601 S River Pkwy
PortlandOR97239
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.
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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 | $2,221 | $1,295 | $3,550 |
| Reed 3 Bedroom Homes for Rent | $2,946 | $2,295 | $4,500 |
| Reed 4 Bedroom Homes for Rent | $2,979 | $2,345 | $3,695 |
| Reed 5 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 The Tristan priced from $995. 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 |
|---|---|---|---|
| The Tristan | Studio | Studio,1BA | $995 |
| Studio Pointe Apartments | Studio 2 | Studio,1BA | $995 |
| Wimbledon Square And Gardens | Spalding | Studio,1BA | $1,020 |
| Brookland Apartments | Studio, 1 Bathroom | Studio,1BA | $1,049 |
| Warnell Apartments! | 0BR/1.0BA | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Reed, OR
As of December 25, 2025 the best value apartment in the Reed area is the $0.96 price per square foot Studio Model at Z_Caritas Sacred Heart Villa in the in the Southeast Portland neighborhood starting from $1,438. The second greatest value Reed apartment is the 2 Bedroom 1 Bath Model at Garden Park Apartments starting at $1,849 with a $1.82 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. |
|---|---|---|---|
| Z_Caritas Sacred Heart Villa | Studio | Studio ,1BA | $0.96 |
| Garden Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.82 |
| Ravenbourne Apartments | 2x1 | 2BR,1BA | $1.59 |
| 2322 SE Main St, Unit SE Hawthorne Upper Apt | 2322 SE Main St | 1BR,1BA | $2.03 |
| Shamrock | SHAM 2x1 | 2BR,1BA | $1.22 |
| The Enclave | 2 Bedroom | 2BR,1BA | $1.75 |
| Creston Villa | 2 Bedroom 1 Bath - Upgraded | 2BR,1BA | $1.93 |
| Villa 34 Apartments | 1x1 | 1BR,1BA | $1.87 |
| Tristin Square Apartments | 1 Bedroom, 1 Bath lg | 1BR,1BA | $2.00 |
| 5916 SE Francis St, Unit B | 5916 SE Francis St | 1BR,1BA | $1.96 |
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 Article
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 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
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Pet Friendly LifestyleReed, Portland, OR
Ranked #32
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Reed, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Reed
What type of rentals are currently available in Reed?
There are currently 782 Apartments for Rent in Reed, OR with pricing that ranges from $795 to $9,214. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reed ranging from $550 to $4,500.
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 $550 to $4,500 with an average monthly rent of $2,378.
How much are larger Three and Four Bedroom Rentals in Reed?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Reed range from $1,760 to $7,083, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,345 and Four Bedroom Apartments start at $2,950.
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!