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The average monthly rent in Reed, Portland is up 2.72% compared to last month but down 9.8% year-over-year.
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1d ago
Verified
1654 1654 - 7842 SE Lambert Street, Portland, OR 97202
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$2,095–$2,195
House for rent
5d+ ago
Verified
5004 Se 38th Ave #B, Portland, OR 97202
In-unit laundry | Air conditioning | Assigned parking
2 beds
1 bath
$1,650
House for rent
Available Aug 13
1d ago
Reed townhouse for rent in Portland
2 beds
2 baths
$3,450
$3,150
Price drop
House for rent
Available Jan 27
2d ago
Reed apartment for rent in Portland
2 beds
1 bath
$1,950
$1,750
Price drop
Apartment for rent
5d+ ago
2 beds
1 bath
$2,095
Apartment for rent
5d+ ago
Reed apartment for rent in Portland
3407 Se Steele St #B, Portland, OR 97202
In-unit laundry | Furnished | Storage
1 bed
1 bath
$1,795
Apartment for rent
Available Nov 8
In-Unit Laundry
Air Conditioning
Storage
Hardwood Floor
3d ago
Verified
Studio
1 bath
$795–$1,025
Apartment for rent
2d ago
3651 Se Francis St, Portland, OR 97202
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$1,665
Apartment for rent
Rent an Airbnb‑friendly apartment.
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extra money.Airbnb-friendly apartments allow residents to earn extra money from hosting on Airbnb part-time.
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5d+ ago
4530 Se Cesar E Chavez Blvd, Portland, OR 97202
In-unit laundry | Air conditioning | Garage parking
2 beds
1 bath
$1,995
Apartment for rent
2d ago
1 bed
1 bath
$1,250
Apartment for rent
1d ago
2800 Se Gladstone St, Portland, OR 97202
In-unit laundry | Hardwood floor | Dishwasher
2 beds
1 bath
$1,795
Apartment for rent
1d ago
3904 Se Cesar E Chavez Blvd, Portland, OR 97202
On-site laundry | Assigned parking | Storage
1 bed
1 bath
$1,195
Price drop
Apartment for rent
14h ago
5624 Southeast 22nd Avenue, Portland, OR 97202
In-unit laundry | Air conditioning | Dishwasher
1–2 beds
1 bath
$1,350–$1,599
Apartment for rent
26m ago
Verified
3 beds
1 bath
$1,819
Apartment for rent
Available Jan 20
5d+ ago
Verified
1–3 beds
1 bath
$1,450–$2,000
Price drop
Apartment for rent
Available Sep 13
5d+ ago
Verified
In-unit laundry | Air conditioning | Balcony
Studio
1 bath
$1,325
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Verified
On-site laundry | Balcony
2 beds
1 bath
$1,475
$1,395
Price drop
Apartment for rent
2d ago
Verified
In-unit laundry | Air conditioning | Balcony
1 bed
1 bath
$1,525
Apartment for rent
10h ago
Verified
4318 Se Milwaukie Ave #3, Portland, OR 97202
In-unit laundry | On-site laundry | Assigned parking
Studio
1 bath
$1,295
Apartment for rent
5d+ ago
Verified
1415 Se Pardee St #202, Portland, OR 97202
In-unit laundry | Air conditioning | On-site laundry
1 bed
1 bath
$1,475
Apartment for rent
Available Aug 29
5d+ ago
Verified
1415 Se Pardee St #508, Portland, OR 97202
In-unit laundry | Air conditioning | On-site laundry
Studio
1 bath
$1,295
Apartment for rent
Available Aug 29
1d ago
4405 Se 15th Ave, Portland, OR 97202
On-site laundry | Assigned parking | Hardwood floor
1 bed
1 bath
$1,250–$1,325
Apartment for rent
2d ago
Creston - Kenilworth apartment for rent in Portland
3968 Se Gladstone St, Portland, OR 97202
Air conditioning | On-site laundry | Hardwood floor
2 beds
1 bath
$1,595
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
Studio
1 bath
$1,049
Apartment for rent
4d ago
4850 Se Woodstock Blvd, Portland, OR 97206
In-unit laundry | Air conditioning | On-site laundry
Studio–1 bed
1 bath
$1,375–$2,395
Apartment for rent
Available Jan 29
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Reed's rental market offers a good selection of listings, with an average of 12 rentals available each month. The majority of rentals in Reed are 2-bedroom apartments, followed by 3-bedroom and 1-bedroom units. A notable feature of Reed's rentals is the prevalence of pet-friendly amenities, with over 54% of apartments allowing pets, including small pets. Additionally, many apartments in Reed offer the convenience of in-unit laundry. With a range of amenities and a variety of unit types, Reed is a neighborhood worth considering for renters looking for a new home in Portland.
The Reed neighborhood in Portland is experiencing a unique trend in rent prices. In 2024, the average monthly rent across all property types decreased by 13.9% from the previous year to approximately $1,880. This decline is largely driven by a 14.4% drop in 1-bedroom rents, which now average $1,507 per month. However, 3-bedroom units saw a 13.6% increase, now renting for around $2,842. Studios also experienced a 12.3% rise, averaging $1,199 per month.
Renters should note that March is the most expensive month to rent in Reed, with prices 38.9% higher than in November, the least expensive month. This significant fluctuation presents an opportunity for budget-conscious renters to find a deal during the off-season. Overall, the Reed neighborhood offers a range of options for renters, with varying price points depending on the time of year and unit type.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
The average size of a 1 bedroom apartment rental in Reed is 1316 square feet. The average size of a 2 bedroom apartment rental in Reed is 934 square feet. The average size of a 3 bedroom apartment rental in Reed is 1100 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Reed average rent prices.
2 bedroom apartments are the most common type of rentals in Reed, Portland, OR right now.
3 bedroom apartments are the least common type of rentals in Reed, Portland, OR right now.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 5434 Se Milwaukie Ave |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |