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 March 30, 2025, the average rent in Gresham is $1,379, which is 1.7% higher 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

$1,283/Month

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 $1,283 while the city average is $1,379. This is a -0% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Maywood Park, E 172Nd, and Ruby Junction/E 197Th. The neighborhood is considered somewhat walkable with a WalkScore® of 64.

Holly Brook

Average Rent

$1,409/Month

Year-Over-Year Rent Change

10.2%

TransitScore® Rating

45/100

Units Available

16 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Holly Brook. The average rent is $1,409, compared to the city average of $1,379. Rent prices have decreased by 10.2%. Holly Brook is convenient to Leach Botanical Garden, Gresham City Hall, and Nadaka Nature Park. The community is somewhat walkable with a WalkScore® of 54.

Kelly Creek

Average Rent

$1,465/Month

Year-Over-Year Rent Change

4.7%

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 $1,379. In the past year, rent prices have increased by 4.7%. Kelly Creek provides easy access to Dabney State Recreation Area, Portland Community College, and Fred Meyer Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 35.

Mt Hood

Average Rent

$1,498/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

45/100

Units Available

17 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 $1,498, while the city’s average stands at $1,379. In the last year, prices have increased by 1.3%. Mt Hood is near Springwater Corridor, Mount Hood C.C., Bruning Ctr., and Mount Hood C.C., Maywood Park.

Gresham-Northwest

Average Rent

$1,603/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

57/100

Units Available

47 Rentals

Gresham-Northwest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northwest is $1,603 while the city average is $1,379. This is a 0.3% difference from last year. Residents enjoy convenient access to Planetarium Sky Theater, Blue Lake Regional Park, and Springwater Corridor. The neighborhood is considered somewhat walkable with a WalkScore® of 63.

Gresham-Southwest

Average Rent

$1,623/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

23/100

Units Available

6 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-Southwest. The average rent is $1,623, compared to the city average of $1,379. Rent prices have increased by 0.5%. Gresham-Southwest is convenient to Springwater Corridor, Leach Botanical Garden, and Clackamas C.C., Harmony Campus. The community is car-dependent with a WalkScore® of 23.

Downtown Gresham

Average Rent

$1,661/Month

Year-Over-Year Rent Change

4.9%

TransitScore® Rating

65/100

Units Available

65 Rentals

Downtown Gresham is an affordable neighborhood in Gresham with an average rent price of $1,661. Compare this to the city average of $1,379. In the past year, rent prices have increased by 4.9%. Downtown Gresham provides easy access to Portland Community College, Springwater Corridor, and Mount Hood C.C., Maywood Park. It’s a walkable neighborhood with a WalkScore® of 90.

Powell Valley

Average Rent

$1,671/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

43/100

Units Available

30 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 $1,671, while the city’s average stands at $1,379. In the last year, prices have increased by 1%. Powell Valley is near Portland International, Dabney State Recreation Area, and Cleveland Avenue.

Gresham-North Central

Average Rent

$1,706/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

47/100

Units Available

64 Rentals

Gresham-North Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-North Central is $1,706 while the city average is $1,379. This is a 0.3% difference from last year. Residents enjoy convenient access to Portland International, Burnside Commons, and Planetarium Sky Theater. The neighborhood is considered somewhat walkable with a WalkScore® of 63.

Gresham-Northeast

Average Rent

$1,804/Month

Year-Over-Year Rent Change

10.7%

TransitScore® Rating

43/100

Units Available

24 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-Northeast. The average rent is $1,804, compared to the city average of $1,379. Rent prices have increased by 10.7%. Gresham-Northeast is convenient to Stark Street Plaza, Planetarium Sky Theater, and Mount Hood C.C., Maywood Park. The community is somewhat walkable with a WalkScore® of 61.

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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.