Most Affordable Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Holly Brook, Kelly Creek, and Mt Hood. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of December 27, 2024, the average rent in Gresham is $1,357, which is 1.5% 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.
Holly Brook
Average Rent
$1,340/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
45/100
Units Available
17 Rentals
Holly Brook is a top choice for budget-conscious renters for a variety of reasons. The average rent in Holly Brook is $1,340 while the city average is $1,357. This is a -0.4% difference from last year. Residents enjoy convenient access to Planetarium Sky Theater, Mount Hood C.C., Bruning Ctr., and Nadaka Nature Park. The neighborhood is considered somewhat walkable with a WalkScore® of 54.
Kelly Creek
Average Rent
$1,414/Month
Year-Over-Year Rent Change
8.5%
TransitScore® Rating
18/100
Units Available
24 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Kelly Creek. The average rent is $1,414, compared to the city average of $1,357. Rent prices have increased by 8.5%. Kelly Creek is convenient to Lewis and Clark State Recreation Site, Clackamas C.C., Harmony Campus, and Fred Meyer Shopping Center. The community is car-dependent with a WalkScore® of 35.
Mt Hood
Average Rent
$1,481/Month
Year-Over-Year Rent Change
6.1%
TransitScore® Rating
45/100
Units Available
33 Rentals
Mt Hood is an affordable neighborhood in Gresham with an average rent price of $1,481. Compare this to the city average of $1,357. In the past year, rent prices have increased by 6.1%. Mt Hood provides easy access to Dabney State Recreation Area, Gresham Central Transit Center, and Mount Hood C.C., Bruning Ctr.. It’s a somewhat walkable neighborhood with a WalkScore® of 66.
Powell Valley
Average Rent
$1,528/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
43/100
Units Available
28 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 $1,528, while the city’s average stands at $1,357. In the last year, prices have increased by 0.8%. Powell Valley is near Portland International, Mount Hood C.C., Bruning Ctr., and Gresham City Hall.
Gresham-Northwest
Average Rent
$1,553/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
57/100
Units Available
52 Rentals
Gresham-Northwest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northwest is $1,553 while the city average is $1,357. This is a -3.1% difference from last year. Residents enjoy convenient access to Kmart Gresham on Burnside, Gresham Town Fair, and Powell Butte Nature Park. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
Downtown Gresham
Average Rent
$1,566/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
65/100
Units Available
92 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Downtown Gresham. The average rent is $1,566, compared to the city average of $1,357. Rent prices have increased by 3.3%. Downtown Gresham is convenient to Mount Hood C.C., Gresham, Main Square, and Gresham City Hall. The community is walkable with a WalkScore® of 90.
Gresham-North Central
Average Rent
$1,613/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
47/100
Units Available
71 Rentals
Gresham-North Central is an affordable neighborhood in Gresham with an average rent price of $1,613. Compare this to the city average of $1,357. In the past year, rent prices have decreased by 0.2%. Gresham-North Central provides easy access to Burnside Commons, Mount Hood C.C., Maywood Park, and Civic Drive Max Station. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Gresham-Northeast
Average Rent
$1,624/Month
Year-Over-Year Rent Change
4.5%
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 $1,624, while the city’s average stands at $1,357. In the last year, prices have increased by 4.5%. Gresham-Northeast is near Gresham City Hall, Springwater Corridor, and Stark Street Plaza.
Gresham-Southwest
Average Rent
$1,811/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
23/100
Units Available
5 Rentals
Gresham-Southwest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Southwest is $1,811 while the city average is $1,357. This is a -2.1% difference from last year. Residents enjoy convenient access to Nadaka Nature Park, Ruby Junction/E 197Th, and Mount Hood C.C., Bruning Ctr.. The neighborhood is considered car-dependent with a WalkScore® of 23.
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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.