There are a variety of housing options in the Portland area, from an eco-youth hostel to fancy hotels.
Reed College maintains relations with hotels offering discounts for Reed events. Contact the hotel directly, requesting the Reed College rate:
http://www.reed.edu/apply/accommodations.html
Portland Visitors and Tourist Information
http://www.travelportland.com/visitors/index-lodging.html
Google
Or for more options, with reviews:
Google Maps
There are several great coffee houses close to the Reed campus.
Funky Door: 28th and Holgate (walking distance from the Sports Center) map
First Cup Coffeehouse: "Up the hill" at 41st and Woodstock map
Gladstone Coffee: A bit further away, near 39th and Gladstone, but they serve beer and pizza in the evenings map
Commons: The Reed College dining hall is open to visitors, with affordable weekend brunch and dinner steps from juggling.
HopWorks Urban BreweryOrganic brewpub, bike-centric, with pizza, burgers, and other assorted food. map
Yoko's Japanese Restaurant: Not far from campus, and not listed on Google.
Oaks Bottom Public House: Food. And Beer. map
Broder: Scandinavian breakfast, a short drive from campus. map
Portland Visitors and Tourist Information
Dining Guide
Google listings of nearby dining
There are three grocery stores close to Reed:
Trader Joe's (with Limbo fruits and veggies next door) map
Safeway (up the hill) map
QFC map
View the large size Google Map