Cheapest Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Gresham Butte, Holly Brook, and Gresham-Northwest. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of September 13, 2026, the average rent in Gresham is $1,367, which is 1.1% 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 Butte
Average Rent
$1,285/Month
Units Available
12 Rentals
Gresham Butte is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham Butte is $1,285 while the city average is $1,367. Residents enjoy convenient access to Mount Hood C.C., Gresham, Civic Drive Max Station, and Mount Hood C.C., Maywood Park.
Holly Brook
Average Rent
$1,345/Month
Year-Over-Year Rent Change
0.8%
Units Available
22 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Holly Brook. The average rent is $1,345, compared to the city average of $1,367. Rent prices have decreased by 0.8%. Holly Brook is convenient to 2919-2925 NW Division St, Civic Drive Max Station, and Springwater Corridor.
Gresham-Northwest
Average Rent
$1,445/Month
Year-Over-Year Rent Change
3.3%
Units Available
62 Rentals
Gresham-Northwest is an affordable neighborhood in Gresham with an average rent price of $1,445. Compare this to the city average of $1,367. In the past year, rent prices have decreased by 3.3%. Gresham-Northwest provides easy access to 1042 NW Norman Ave, Portland Community College, and Mount Hood C.C., Maywood Park.
Kelly Creek
Average Rent
$1,445/Month
Year-Over-Year Rent Change
2.1%
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Kelly Creek might be the perfect place! It has an average rent price of $1,445, while the city’s average stands at $1,367. In the last year, prices have increased by 2.1%. Kelly Creek is near Mount Hood C.C., Maywood Park, Ruby Junction/E 197Th, and Portland International.
Gresham-Northeast
Average Rent
$1,447/Month
Year-Over-Year Rent Change
1.2%
Units Available
36 Rentals
Gresham-Northeast is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northeast is $1,447 while the city average is $1,367. This is a -1.2% difference from last year. Residents enjoy convenient access to Cleveland Avenue, Stark Street Plaza, and Mount Hood C.C., Gresham.
Gresham-North Central
Average Rent
$1,494/Month
Year-Over-Year Rent Change
0.5%
Units Available
71 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-North Central. The average rent is $1,494, compared to the city average of $1,367. Rent prices have decreased by 0.5%. Gresham-North Central is convenient to Nadaka Nature Park, 617-645 SE 223rd Ave, and Civic Drive Max Station.
Mt Hood
Average Rent
$1,501/Month
Year-Over-Year Rent Change
1.2%
Units Available
23 Rentals
Mt Hood is an affordable neighborhood in Gresham with an average rent price of $1,501. Compare this to the city average of $1,367. In the past year, rent prices have decreased by 1.2%. Mt Hood provides easy access to Mount Hood C.C., Bruning Ctr., Planetarium Sky Theater, and Dabney State Recreation Area.
Powell Valley
Average Rent
$1,502/Month
Year-Over-Year Rent Change
1%
Units Available
29 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 $1,502, while the city’s average stands at $1,367. In the last year, prices have increased by 1%. Powell Valley is near Ruby Junction/E 197Th, Springwater Corridor, and Dabney State Recreation Area.
Downtown Gresham
Average Rent
$1,569/Month
Year-Over-Year Rent Change
1%
Units Available
130 Rentals
Downtown Gresham is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Gresham is $1,569 while the city average is $1,367. This is a -1% difference from last year. Residents enjoy convenient access to 200-240 NW Division St, Portland Community College, and Planetarium Sky Theater.
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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.