Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $500(106 Rentals)

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Reed, Portland, OR Local Guide

Cheapest Available Reed Apartments for Rent

 

The cheapest available apartment rental in the Reed area of Portland, OR is a 1 Bed unit found at Z_Esperanza Court priced from $570. Z_Caritas Sacred Heart Villa has the second lowest priced unit, which is a 2 Beds apartment currently listed from $702. Here are the most affordable Reed apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Z_Esperanza Court1 bed 1 bath1BR,1BA$570
Z_Caritas Sacred Heart VillaTwo Bedroom One Bathroom2BR,1BA$702
Enclave 54Studio 3Studio,1BA$995
Wimbledon Square And GardensSpaldingStudio,1BA$1,008
Dean RiverStudioStudio,1BA$1,049
The LenoxStudio FStudio,1BA$1,099
54 WoodstockStudio, 1 BathroomStudio,1BA$1,100
Brookland ApartmentsStudio, 1 BathroomStudio,1BA$1,115
Brooklyn FlatsStudio / 1 bathStudio,1BA$1,120
The TristanStudioStudio,1BA$1,190

Best Value Apartments for Rent in Reed, OR

As of December 27, 2024 the best value apartment in the Reed area is the $1.77 price per square foot 1120 SE Main St Model at 1120 SE Main St, Unit 303 in the in the Southeast Portland neighborhood starting from $2,500. The second greatest value Reed apartment is the 2 Bedroom 2 Bath Model at Garden Park Apartments starting at $2,150 with a $1.98 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1120 SE Main St, Unit 3031120 SE Main St1BR,1BA$1.77
Garden Park Apartments2 Bedroom 2 Bath2BR,2BA$1.98
ShamrockTwo Bedroom One Bathroom2BR,1BA$1.50
Shady Glen ApartmentsTwo Bedroom 1 Bath2BR,1BA$1.76
The Enclave2 Bedroom2BR,1BA$2.11
Waverleigh Apartments2 Bedroom Up2BR,1BA$2.18
Creston Villa2 Bedroom 1 Bath2BR,1BA$1.75
Z_Caritas Sacred Heart VillaOne Bedroom One Bathroom Project Based Voucher ...1BR,1BA$0.95
Z_Esperanza Court1 bed 1 bath1BR,1BA$0.88
The Matisse01F1Studio ,1BA$2.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Reed, Portland, OR

Ranked #27

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

5.0
Pet Friendly

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Best Local Schools in
Reed, Portland, OR

School data provided by Great Schools

Best Local Schools in
Reed, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of rentals in areas across the United States, including Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Reed Neighborhood in Portland, OR

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Reed Apartments

What is the Cheapest Studio apartment in Reed?

Currently the most affordable Cheap Studio Apartment in Reed is at Enclave 54 listed at $995.

How much is rent for a Cheap One Bedroom Reed Apartment?

The lowest price for a Cheap One Bedroom Reed Apartment is $570 at Z_Esperanza Court.

What is the lowest price for a Cheap Two Bedroom Reed Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Reed is starting from $681 at Z_Esperanza Court.

What is the most affordable Reed Three Bedroom Apartment?

The best deal on a cheap Reed Three Bedroom Apartment rental is at The Enclave and starts from $1,950.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.