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Rental Market Trends in Gresham, OR

What is the average rent in Gresham, OR?

$1,354/month

Average Rent

670 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of April 2026, the average rent in Gresham, OR is $1,354 per month. This is 17% lower than the national average rent of $1,641/month, making renting in Gresham more affordable than most cities in the US. When you rent an apartment in Gresham, you can expect to pay about $1,289 per month for a studio, $1,354 for a one-bedroom apartment, and around $1,568 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,048 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,289/month
446 Sq Ft
One Bedroom
$1,354/month
670 Sq Ft
Two Bedroom
$1,568/month
926 Sq Ft
Three Bedroom
$2,048/month
1,188 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,416/month
1,329 Sq Ft
Four Bedroom
$3,804/month
2,322 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Gresham, OR?

In the past year, rent has decreased by 1%, which averages out to $13 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Gresham, OR
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Gresham, OR
Percentage*
Rent Range
1% Below $700/month
13% $700 - $1,000/month
40% $1,001 - $1,500/month
43% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Gresham?

Based on current rent prices, Kelly Creek, Gresham-Northeast and Gresham-North Central are the most affordable neighborhoods in Gresham.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Kelly Creek
$1,453/month
658 Sq Ft
Gresham-Northeast
$1,479/month
680 Sq Ft
Gresham-North Central
$1,495/month
680 Sq Ft
Holly Brook
$1,511/month
638 Sq Ft
Powell Valley
$1,541/month
698 Sq Ft
Downtown Gresham
$1,553/month
691 Sq Ft
Gresham-Northwest
$1,565/month
680 Sq Ft
Mt Hood
$1,566/month
664 Sq Ft

What are the most expensive neighborhoods in Gresham?

Based on current rent prices, Mt Hood, Gresham-Northwest and Downtown Gresham are the most expensive neighborhoods in Gresham.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mt Hood
$1,566/month
664 Sq Ft
Gresham-Northwest
$1,565/month
680 Sq Ft
Downtown Gresham
$1,553/month
691 Sq Ft
Powell Valley
$1,541/month
698 Sq Ft
Holly Brook
$1,511/month
638 Sq Ft
Gresham-North Central
$1,495/month
680 Sq Ft
Gresham-Northeast
$1,479/month
680 Sq Ft
Kelly Creek
$1,453/month
658 Sq Ft

Which Gresham neighborhoods have the most rentals available?

The neighborhoods in Gresham with the most apartments available are Gresham-North Central, Downtown Gresham and Gresham-Northeast .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Gresham-North Central
$1,495/month
680 Sq Ft
Downtown Gresham
$1,553/month
691 Sq Ft
Gresham-Northeast
$1,479/month
680 Sq Ft
Gresham-Northwest
$1,565/month
680 Sq Ft
Kelly Creek
$1,453/month
658 Sq Ft
Powell Valley
$1,541/month
698 Sq Ft
Holly Brook
$1,511/month
638 Sq Ft
Mt Hood
$1,566/month
664 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Gresham, OR?

Because the average rent in Gresham is $1,354, you’ll want to make about $4,513 per month or $54,156 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.

City

Gresham, OR

1,065 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Gresham, OR

Apartment Averages

Kelly Creek

Gresham, OR

Mt Hood

Gresham, OR

Studio
$399/month
$1,179/month
One Bedroom
$1,425/month
$1,260/month
Two Bedroom
$1,585/month
$1,520/month
Three Bedroom
$2,135/month
$1,842/month
Search
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Nearby City Rent Trends

  • Troutdale Average Rent
  • Fairview Average Rent
  • Washougal Average Rent
  • Clackamas Average Rent

Apartment communities in Gresham we think you'll love

Alta Civic Station

Alta Civic Station

1699 NW Civic Dr,
Gresham, OR 97030

$1,384 - $2,950 Total Monthly Price

Studio - 3 Beds

Avana Powell Valley

Avana Powell Valley

1500 SW Pleasant View Dr,
Gresham, OR 97080

$1,335 - $2,642 Total Monthly Price

1-3 Beds

The Ridge at Bella Vista

The Ridge at Bella Vista

2027 W Powell Blvd,
Gresham, OR 97030

$1,450 - $2,475

1-2 Beds

Parkside Apartments

Parkside Apartments

2831 SE Palmquist Rd,
Gresham, OR 97080

$1,450 - $2,349

1-3 Beds

Property Management Companies in Gresham, OR

Avenue5 Residential
Avenue5 Residential
  • 581

    Communities

  • 129,613

    Units

  • 224

    Cities

15 Communities in Gresham
Princeton Property Management
Princeton Property Management
  • 38

    Communities

  • 2,954

    Units

  • 12

    Cities

8 Communities in Gresham
Legacy Property Management
Legacy Property Management
  • 31

    Communities

  • 845

    Units

  • 7

    Cities

7 Communities in Gresham
Stark Firs Management
Stark Firs Management
  • 10

    Communities

  • 392

    Units

  • 1

    City

7 Communities in Gresham
Norris & Stevens, Inc.
Norris & Stevens, Inc.
  • 65

    Communities

  • 5,081

    Units

  • 25

    Cities

4 Communities in Gresham
Tokola Properties
Tokola Properties
  • 12

    Communities

  • 1,873

    Units

  • 11

    Cities

4 Communities in Gresham
Greystar
Greystar
  • 3,491

    Communities

  • 960,425

    Units

  • 891

    Cities

3 Communities in Gresham
Affinity Property Management
Affinity Property Management
  • 47

    Communities

  • 6,048

    Units

  • 21

    Cities

3 Communities in Gresham

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United States Oregon Gresham Rental Trends

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 February 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity