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The average monthly rent in Reed, Portland is down 6.54% compared to last month but up 11.06% year-over-year.
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5d+ ago
5080 Southeast 38th Avenue, Portland, OR 97202
In-unit laundry | Air conditioning | Outdoor space
2 beds
1 bath
$1,875
Price drop
Apartment for rent
4d ago
Reed townhouse for rent in Portland
5175 Southeast 28th Avenue #1, Portland, OR 97202
In-unit laundry | Furnished | Air conditioning
2 beds
2 baths
$3,550
House for rent
Available Dec 4
5d+ ago
Reed house for rent in Portland
2 beds
1 bath
$1,995
House for rent
5d+ ago
Reed apartment for rent in Portland
3407 Southeast Steele Street #B, Portland, OR 97202
In-unit laundry | Furnished | Storage
1 bed
1 bath
$1,795
Apartment for rent
Available Nov 8
1d ago
4530 Southeast César E. Chávez Boulevard, Portland, OR 97202
In-unit laundry | Air conditioning | Garage parking
2 beds
1 bath
$1,995
Apartment for rent
1d ago
1424 Southeast Holgate Boulevard, Portland, OR 97202
In-unit laundry | Dishwasher | Oven
1–2 beds
1 bath
$1,125–$1,375
Apartment for rent
New Construction
In-Unit Laundry
Air Conditioning
Central Heat
3d ago
2 beds
1 bath
$1,595–$1,695
Apartment for rent
3d 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
Rent an Airbnb‑friendly apartment.
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2d ago
Verified
Studio
1 bath
$795–$1,095
Apartment for rent
1d ago
Verified
1–3 beds
1 bath
$1,450–$2,000
Apartment for rent
Available Sep 13
5d+ ago
Verified
On-site laundry | Balcony
2 beds
1 bath
$1,495
Apartment for rent
5d+ ago
Verified
1415 Southeast Pardee Street #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 Southeast Pardee Street #508, Portland, OR 97202
In-unit laundry | Air conditioning | On-site laundry
Studio
1 bath
$1,295
Apartment for rent
Available Aug 29
4d ago
Sellwood - Moreland house for rent in Portland
3 beds
3 baths
$3,000
House for rent
Available Dec 15
5d+ ago
Brooklyn apartment for rent in Portland
Studio
1 bath
$1,049
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
2 beds
2 baths
$2,300
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Brooklyn apartment for rent in Portland
2 beds
1 bath
$2,100
Apartment for rent
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,435
Apartment for rent
5d+ ago
Creston - Kenilworth townhouse for rent in Portland
2 beds
1 bath
$2,295
House for rent
5d+ ago
Creston - Kenilworth house for rent in Portland
2 beds
1 bath
$1,725
House for rent
5d+ ago
Brooklyn apartment for rent in Portland
1 bed
1 bath
$1,595
$1,295
Price drop
Apartment for rent
Available Dec 1
5d+ ago
Creston - Kenilworth apartment for rent in Portland
3687 Se Francis St #3687, Portland, OR 97202
On-site laundry | Assigned parking | Storage
2 beds
1 bath
$1,585
Apartment for rent
4d ago
Woodstock house for rent in Portland
4705 Southeast Knight Street #A, Portland, OR 97206
In-unit laundry | Storage | Carpet
3 beds
2 baths
$2,695
$2,495
Price drop
House for rent
5d+ ago
Creston - Kenilworth apartment for rent in Portland
1 bed
1 bath
$1,395
Apartment for rent
5d+ ago
Creston - Kenilworth townhouse for rent in Portland
Garage parking | On-site laundry | Walk-in closets
2 beds
1 bath
$2,295
House for rent
Available Oct 11
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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 963 square feet. The average size of a 3 bedroom apartment rental in Reed is 1394 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.
1 bedroom apartments are the least common type of rentals in Reed, Portland, OR right now.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 5434 Southeast Milwaukie Avenue |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |