Wimbledon Square And Gardens
2837-2847 SE Colt Dr,
Portland, OR 97202
$1,173 - $1,912
Studio - 2 Beds
Area Guide
Reed is Portland’s smallest neighborhood. This namesake neighborhood is named after Reed College, a private liberal arts school which borders the community to the south. Along with student housing, Reed features apartments and houses in a variety of styles. Rentals are moderately priced, and the area is known for its quaint architectural styles including Portland Four Squares and Cape Cod bungalows. The western part of Reed is dominated by locally owned businesses like Gigantic Brewing Company and Green Drop Garage, an eco-friendly auto garage.
Residents also enjoy proximity to some of the trendiest spots in the city. Nearby Woodstock Avenue is filled with diverse eateries, grocers, coffeehouses, and more. Quirky commercial hubs like the Hawthorne District and Downtown Portland are under four miles away from Reed. Reed provides a home to those who like convenient access to active urban life but want to come home to a laid-back locale.
As of July 2026, the average apartment rent in Reed is $1,202 for a studio, $1,336 for one bedroom, and $1,929 for two bedrooms. Apartment rent in Reed has decreased by -5.2% in the past year.
Studio
425 sq ft
Average Sq Ft
$1,202/month
Average Rent
1 BR
613 sq ft
Average Sq Ft
$1,336/month
Average Rent
2 BR
1,008 sq ft
Average Sq Ft
$1,929/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Reed - Portland, OR is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Reed - Portland, OR offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Reed - Portland, OR provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Reed - Portland, OR from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.