Cheap Apartments for Rent in the Reed Neighborhood of Portland, OR from $500 (106 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Reed area of Portland.
Reed, Portland, OR Local Guide

How much does it cost to rent an apartment in Reed?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Reed Studio Apartments | $1,434 | $950 | $5,425 |
Reed 1 Bedroom Apartments | $1,878 | $1,140 | $8,504 |
Reed 2 Bedroom Apartments | $3,103 | $1,450 | $10,000+ |
Reed 3 Bedroom Apartments | $3,510 | $1,895 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 106 rentals with your search options within a 2 mile radius of the Reed Neighborhood of Portland, OR.
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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 $975.
How much is rent for a Cheap One Bedroom Reed Apartment?
The lowest price for a Cheap One Bedroom Reed Apartment is $1,140 at Brooklyn Flats.
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 $1,395 at Shady Glen Apartments.
What is the most affordable Reed Three Bedroom Apartment?
The best deal on a cheap Reed Three Bedroom Apartment rental is at Steeple Townhomes and starts from $3,295.
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.