Best Affordable Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Gresham-Centennial, Gresham-Southwest, and Sandpiper East. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of January 29, 2026, the average rent in Gresham is $1,329, which is 2.8% 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-Centennial
Average Rent
$1,350/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
43/100
Units Available
14 Rentals
Gresham-Centennial is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Centennial is $1,350 while the city average is $1,329. This is a 1.1% difference from last year. Residents enjoy convenient access to Rockwood/E 188Th Transit Center, Mount Hood C.C., Gresham, and Mount Hood C.C., Maywood Park. The neighborhood is considered somewhat walkable with a WalkScore® of 64.
Gresham-Southwest
Average Rent
$1,408/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
23/100
Units Available
10 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-Southwest. The average rent is $1,408, compared to the city average of $1,329. Rent prices have decreased by 1.3%. Gresham-Southwest is convenient to Portland International, Gresham Central Transit Center, and Clackamas C.C., Harmony Campus. The community is car-dependent with a WalkScore® of 23.
Sandpiper East
Average Rent
$1,421/Month
Units Available
11 Rentals
Sandpiper East is an affordable neighborhood in Gresham with an average rent price of $1,421. Compare this to the city average of $1,329. Sandpiper East provides easy access to Gresham Central Transit Center, Springwater Corridor, and Lewis and Clark State Recreation Site.
Kelly Creek
Average Rent
$1,422/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
18/100
Units Available
21 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 $1,422, while the city’s average stands at $1,329. In the last year, prices have decreased by 2.9%. Kelly Creek is near Portland International, Civic Drive Max Station, and Powell Valley Junction.
Gresham-Northeast
Average Rent
$1,432/Month
Year-Over-Year Rent Change
8.6%
TransitScore® Rating
43/100
Units Available
84 Rentals
Gresham-Northeast is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Northeast is $1,432 while the city average is $1,329. This is a -8.6% difference from last year. Residents enjoy convenient access to Planetarium Sky Theater, Hogan Plaza, and Mount Hood C.C., Gresham. The neighborhood is considered somewhat walkable with a WalkScore® of 61.
Holly Brook
Average Rent
$1,439/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
45/100
Units Available
23 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Holly Brook. The average rent is $1,439, compared to the city average of $1,329. Rent prices have decreased by 1.6%. Holly Brook is convenient to Mount Hood C.C., Maywood Park, Powell Vista Center, and Mount Hood C.C., Bruning Ctr.. The community is somewhat walkable with a WalkScore® of 54.
Cascadia
Average Rent
$1,444/Month
Units Available
14 Rentals
Cascadia is an affordable neighborhood in Gresham with an average rent price of $1,444. Compare this to the city average of $1,329. Cascadia provides easy access to Portland Community College, E 181St, and Gresham Station Shopping Center.
Gresham Butte
Average Rent
$1,490/Month
TransitScore® Rating
10/100
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Gresham Butte might be the perfect place! It has an average rent price of $1,490, while the city’s average stands at $1,329. Gresham Butte is near Cleveland Avenue, Ruby Junction/E 197Th, and Powell Butte Nature Park.
Powell Valley
Average Rent
$1,491/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
43/100
Units Available
28 Rentals
Powell Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Powell Valley is $1,491 while the city average is $1,329. This is a 0.7% difference from last year. Residents enjoy convenient access to Springwater Corridor, Gresham Central Transit Center, and Gresham City Hall. The neighborhood is considered somewhat walkable with a WalkScore® of 58.
Gresham-North Central
Average Rent
$1,492/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
47/100
Units Available
130 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-North Central. The average rent is $1,492, compared to the city average of $1,329. Rent prices have decreased by 0.8%. Gresham-North Central is convenient to Blue Lake Regional Park, Gresham Central Transit Center, and Nadaka Nature Park. The community is somewhat walkable with a WalkScore® of 63.
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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.