Nikki Reed and Paul McDonald Are Engaged

After meeting in March, Nikki Reed and Paul McDonald embarked upon a whirlwind romance – and now they've taken the next step.
The Breaking Dawn star, 23, and her American Idol alum beau, 26, are engaged, a source confirms to PEOPLE.
Posing together at Sunday's MTV Movie Awards, the couple showed off a sparkler on Reed's left ring finger as she told E!, "He's the one."

And to those who are concerned that the pair may be moving too fast, the actress – who is reportedly house hunting with McDonald – has an answer.

"I love him and I don't care," Reed told PEOPLE in May.

"I've never met anyone like him. I've never met anyone who has such a good solid heart and comes from such a good solid family and is just a genuine person. We have the exact same sense of humor. I've never laughed so much with anyone as I do with him."

Hollywood Hot Actress Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed

Nikki Reed: Engaged To Paul McDonald!

Nikki Reed has confirmed that she and boyfriend, Paul McDonald, are engaged!

The "Twilight" actress, who showed off her engagement ring at the 2011 MTV Movie Awards, told reporters, "I love him and I don't care. I've never met anyone like him. I've never met anyone who has such a good solid heart and comes from such a good solid family and is just a genuine person. We have the exact same sense of humor. I've never laughed so much with anyone as I do with him."

The couple have only been dating for a few months.

Nikki Reed: 2011 MTV Movie Awards

 Nikki Reed was spotted on the red carpet in Universal City, California.

The "Eclipse" actress looked great as she posed for pictures at the 2011 MTV Movie Awards.

"Breaking Dawn Part 1" Official Trailer!