Apartments for Rent in the Reed Neighborhood of Portland, OR Under $1,500 (105 Rentals)

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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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3937 SE 62nd Ave
$895Studio, 1 Bath RentalsAvailable Now

3937 SE 62nd Ave

Portland, OR 97206
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4647 SE 40th Ave
$1,475Studio, 1 Bath RentalsAvailable Now

4647 SE 40th Ave

Portland, OR 97202
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1111 SE Tenino St
$1,395Studio, 1 Bath RentalsAvailable Now

1111 SE Tenino St

Portland, OR 97202
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Condon Court
1 to 2 Bedroom Apartments

Condon Court

1304-1306 SE 36th AvePortland, OR 97214
Showing Results 1-50, Page 1 of 3

Reed, Portland, OR Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

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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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 Reed

How much are Studio apartments in Reed?

There are currently 104 Studio Apartments in Reed with rent ranges from $895 to $5,102 with an average price of $1,433.

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 $1,070 to $8,038 with an average monthly rent of $1,920.

What does renting a Two Bedroom Apartment in Reed cost?

The monthly rent prices of Two Bedroom Apartments currently available in Reed range from $1,374 to $9,214. Today's average rental price for Two Bedrooms here is $2,889.

How expensive are Reed Three Bedroom Apartments?

There are currently 43 Three Bedroom Apartments listings available in Reed on ApartmentHomeLiving.com. The pricing ranges from $1,895 to $7,270 - averaging $3,332 for the location.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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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.

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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.