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The average monthly rent in Reed, Portland is up 9.35% compared to last month and up 7.48% year-over-year.
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All rentals
5d+ ago
2 beds
1 bath
$2,150
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
5d+ ago
2 beds
1 bath
$1,695
Apartment for rent
5d+ ago
1 bed
1 bath
$1,295
Apartment for rent
1d ago
1 bed
1 bath
$1,424
Apartment for rent
5d+ ago
Verified
In-unit laundry | Walk-in closets | Dishwasher
1 bed
1 bath
$1,495
Apartment for rent
Dishwasher
Storage
In-Unit Laundry
New Construction
5d+ ago
Verified
On-site laundry | Balcony
2 beds
1 bath
$1,325
Apartment for rent
5d+ ago
Verified
On-site laundry | Assigned parking | Dishwasher
1 bed
1 bath
$1,325
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
Verified
In-unit laundry | Air conditioning | Balcony
1 bed
1 bath
$1,495
Apartment for rent
5d+ ago
Verified
In-unit laundry | Dishwasher | Microwave
1 bed
1 bath
$1,465
Apartment for rent
2d ago
Verified
In-unit laundry | Dishwasher | Microwave
2 beds
1 bath
$1,795
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
In-unit laundry | Elevator | On-site management
Studio
1 bath
$1,129
$995
Price drop
Apartment for rent
Available Apr 6
5d+ ago
1–2 beds
1 bath
$1,150–$1,595
Apartment for rent
2d ago
Sellwood - Moreland apartment for rent in Portland
2 beds
1 bath
$1,450
Apartment for rent
5d+ ago
Woodstock apartment for rent in Portland
4054 Se Holgate Blvd #A, Portland, OR 97202
Air conditioning | Hardwood floor | Storage
1 bed
1 bath
$900
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,349
Apartment for rent
Available Apr 13
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Creston - Kenilworth apartment for rent in Portland
2 beds
1 bath
$1,375
Apartment for rent
5d+ ago
Creston - Kenilworth apartment for rent in Portland
2 beds
1 bath
$1,895
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,095
Apartment for rent
Available Apr 11
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,369
Apartment for rent
Available Apr 8
1d ago
4850 Se Woodstock Blvd, Portland, OR 97206
In-unit laundry | Air conditioning | On-site laundry
Studio–1 bed
1 bath
$1,470–$2,225
Apartment for rent
Available Apr 29
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,450
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
2 beds
2 baths
$2,050
Apartment for rent
5d+ ago
Sellwood - Moreland house for rent in Portland
1412 Se Carlton St #B, Portland, OR 97202
In-unit laundry | Assigned parking | High ceilings
1 bed
1 bath
$1,900
House for rent
Available May 1
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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 770 square feet. The average size of a 2 bedroom apartment rental in Reed is 975 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.
1 bedroom apartments are the most common type of rentals in Reed, Portland, OR right now.
2 bedroom apartments are the least common type of rentals in Reed, Portland, OR right now.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 4054 Se Holgate Blvd #A |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |