Most Affordable Neighborhoods in Gresham, OR

Some of the cheapest neighborhoods in Gresham are Gresham-Centennial, Holly Brook, and Kelly Creek. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of April 18, 2025, the average rent in Gresham is $1,361, which is 0.5% 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.

Gresham-Centennial

Average Rent

$1,232/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

43/100

Units Available

8 Rentals

Gresham-Centennial is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Centennial is $1,232 while the city average is $1,361. This is a -0.7% difference from last year. Residents enjoy convenient access to Ruby Junction/E 197Th, Powell Vista Center, and E 181St. The neighborhood is considered somewhat walkable with a WalkScore® of 64.

Holly Brook

Average Rent

$1,404/Month

Year-Over-Year Rent Change

8.5%

TransitScore® Rating

45/100

Units Available

19 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Holly Brook. The average rent is $1,404, compared to the city average of $1,361. Rent prices have decreased by 8.5%. Holly Brook is convenient to Powell Butte Nature Park, Portland International, and Ruby Junction/E 197Th. The community is somewhat walkable with a WalkScore® of 54.

Kelly Creek

Average Rent

$1,465/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

18/100

Units Available

23 Rentals

Kelly Creek is an affordable neighborhood in Gresham with an average rent price of $1,465. Compare this to the city average of $1,361. In the past year, rent prices have decreased by 3.3%. Kelly Creek provides easy access to Fred Meyer Shopping Center, Oxbow Regional Park, and Dabney State Recreation Area. It’s a car-dependent neighborhood with a WalkScore® of 35.

Mt Hood

Average Rent

$1,489/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

45/100

Units Available

19 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 $1,489, while the city’s average stands at $1,361. In the last year, prices have increased by 0.6%. Mt Hood is near Dabney State Recreation Area, Nadaka Nature Park, and Gresham Central Transit Center.

Gresham-Northwest

Average Rent

$1,547/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

57/100

Units Available

53 Rentals

Gresham-Northwest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northwest is $1,547 while the city average is $1,361. This is a -1.6% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Gresham, Mount Hood C.C., Bruning Ctr., and Gresham Station Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 63.

Gresham-Southwest

Average Rent

$1,584/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

23/100

Units Available

5 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-Southwest. The average rent is $1,584, compared to the city average of $1,361. Rent prices have increased by 2.1%. Gresham-Southwest is convenient to Mount Hood C.C., Gresham, Cleveland Avenue, and Meadowland Shopping Center. The community is car-dependent with a WalkScore® of 23.

Gresham-North Central

Average Rent

$1,635/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

47/100

Units Available

71 Rentals

Gresham-North Central is an affordable neighborhood in Gresham with an average rent price of $1,635. Compare this to the city average of $1,361. In the past year, rent prices have increased by 0.5%. Gresham-North Central provides easy access to Burnside Crossing, Burnside Commons, and Ruby Junction/E 197Th. It’s a somewhat walkable neighborhood with a WalkScore® of 63.

Gresham-Northeast

Average Rent

$1,642/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

43/100

Units Available

27 Rentals

If you’re looking for a great, affordable neighborhood in Gresham, Gresham-Northeast might be the perfect place! It has an average rent price of $1,642, while the city’s average stands at $1,361. In the last year, prices have increased by 2.1%. Gresham-Northeast is near Lewis and Clark State Recreation Site, Portland International, and Hogan Plaza.

Downtown Gresham

Average Rent

$1,654/Month

Year-Over-Year Rent Change

3.9%

TransitScore® Rating

65/100

Units Available

69 Rentals

Downtown Gresham is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Gresham is $1,654 while the city average is $1,361. This is a 3.9% difference from last year. Residents enjoy convenient access to Planetarium Sky Theater, Main Square, and Ruby Junction/E 197Th. The neighborhood is considered walkable with a WalkScore® of 90.

Powell Valley

Average Rent

$1,698/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

43/100

Units Available

33 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Powell Valley. The average rent is $1,698, compared to the city average of $1,361. Rent prices have increased by 0.8%. Powell Valley is convenient to Lewis and Clark State Recreation Site, Portland Community College, and Mount Hood C.C., Maywood Park. The community is somewhat walkable with a WalkScore® of 58.

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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.