The Nash
224 SE 188th Ave,
Portland, OR 97233
1-3 Beds | $1,175 - $2,158
Rental Market Trends in Gresham, OR
Updated September 2026
The average rent in Gresham, OR is $1,367/month.
Rent in Gresham is 18% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,367/month
Average Rent
673 Sq Ft
Average Size
-1.1%
Change / Year
829
Available Apartments
Gresham rent varies by unit size and layout:
- Studio apartments in Gresham average $1,268 per month.
- One-bedroom apartments in Gresham average $1,367 per month.
- Two-bedroom apartments in Gresham average $1,585 per month.
- Three-bedroom apartments in Gresham average $2,096 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Gresham, OR?
In the past year, rent has decreased by 1.1%, which averages out to $14 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Gresham, OR
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
14%
$700 - $1,000/month
34%
$1,001 - $1,500/month
48%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Gresham?
Based on current rent prices, Gresham Butte, Holly Brook and Gresham-Northeast are the most affordable neighborhoods in Gresham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Gresham?
Based on current rent prices, Downtown Gresham, Mt Hood and Powell Valley are the most expensive neighborhoods in Gresham.
Neighborhood
Average Rent
Average Sq Ft
Which Gresham neighborhoods have the most rentals available?
The neighborhoods in Gresham with the most apartments available are Downtown Gresham, Gresham-North Central and Gresham-Northwest .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Gresham, OR?
Because the average rent in Gresham is $1,367, you’ll want to make about $4,556 per month or $54,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Gresham, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Gresham, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Gresham Area GuideStudio
-
$1,347/month
One Bedroom
-
$1,426/month
Two Bedroom
-
$1,645/month
Three Bedroom
-
$1,793/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Wood Village
Avg Rent: $1,504/month
-
Troutdale
Avg Rent: $1,465/month
-
Fairview
Avg Rent: $1,489/month
-
Washougal
Avg Rent: $1,982/month
-
Clackamas
Avg Rent: $1,459/month
-
Happy Valley
Avg Rent: $1,652/month
Apartment Communities in Gresham We Think You'll Love
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Frequently Asked Questions
What is the average rent in Gresham?
The average rent in Gresham is $1,367 per month, which is 17.9% lower than the national average of $1,665.
What is the average rent for a house in Gresham?
The average rent for a house in Gresham, OR is $2,656 per month.
Are rents going up or down in Gresham?
Rents in Gresham, OR are decreasing, with prices down 1.1% year-over-year and $14 less per month.
What rent range is most common in Gresham?
In Gresham, OR, 48% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.