Most Affordable Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Holly Brook, Gresham-Southwest, and Kelly Creek. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of January 26, 2025, the average rent in Gresham is $1,346, which is 0.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Holly Brook
Average Rent
$1,404/Month
Year-Over-Year Rent Change
9.8%
TransitScore® Rating
45/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Holly Brook might be the perfect place! It has an average rent price of $1,404, while the city’s average stands at $1,346. In the last year, prices have decreased by 9.8%. Holly Brook is near Springwater Corridor, Portland International, and Nadaka Nature Park.
Gresham-Southwest
Average Rent
$1,425/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
23/100
Units Available
2 Rentals
Gresham-Southwest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Southwest is $1,425 while the city average is $1,346. This is a -1.5% difference from last year. Residents enjoy convenient access to Highland Fair, Ruby Junction/E 197Th, and Mount Hood C.C., Maywood Park. The neighborhood is considered car-dependent with a WalkScore® of 23.
Kelly Creek
Average Rent
$1,542/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
18/100
Units Available
18 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Kelly Creek. The average rent is $1,542, compared to the city average of $1,346. Rent prices have increased by 1.5%. Kelly Creek is convenient to Ruby Junction/E 197Th, Mount Hood C.C., Maywood Park, and Gresham City Hall. The community is car-dependent with a WalkScore® of 35.
Gresham-Northwest
Average Rent
$1,544/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
57/100
Units Available
50 Rentals
Gresham-Northwest is an affordable neighborhood in Gresham with an average rent price of $1,544. Compare this to the city average of $1,346. In the past year, rent prices have decreased by 4.6%. Gresham-Northwest provides easy access to Powell Butte Nature Park, Blue Lake Regional Park, and Springwater Corridor. It’s a somewhat walkable neighborhood with a WalkScore® of 62.
Mt Hood
Average Rent
$1,571/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
45/100
Units Available
31 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Mt Hood might be the perfect place! It has an average rent price of $1,571, while the city’s average stands at $1,346. In the last year, prices have increased by 2.1%. Mt Hood is near Portland International, Mount Hood C.C., Bruning Ctr., and Powell Valley Junction.
Gresham-Northeast
Average Rent
$1,577/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
43/100
Units Available
30 Rentals
Gresham-Northeast is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northeast is $1,577 while the city average is $1,346. This is a 3.8% difference from last year. Residents enjoy convenient access to Hogan Plaza, Gresham Central Transit Center, and Clackamas C.C., Harmony Campus. The neighborhood is considered somewhat walkable with a WalkScore® of 61.
Downtown Gresham
Average Rent
$1,590/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
65/100
Units Available
90 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Downtown Gresham. The average rent is $1,590, compared to the city average of $1,346. Rent prices have increased by 2.4%. Downtown Gresham is convenient to Clackamas C.C., Harmony Campus, Dabney State Recreation Area, and Gresham City Hall. The community is walkable with a WalkScore® of 90.
Gresham-North Central
Average Rent
$1,607/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
47/100
Units Available
74 Rentals
Gresham-North Central is an affordable neighborhood in Gresham with an average rent price of $1,607. Compare this to the city average of $1,346. In the past year, rent prices have decreased by 0.2%. Gresham-North Central provides easy access to Burnside Commons, Mount Hood C.C., Gresham, and Civic Drive Max Station. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Powell Valley
Average Rent
$1,631/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
43/100
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Powell Valley might be the perfect place! It has an average rent price of $1,631, while the city’s average stands at $1,346. In the last year, prices have increased by 0.6%. Powell Valley is near Lewis and Clark State Recreation Site, Fred Meyer Shopping Center, and Gresham City Hall.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.