Cheapest Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Gresham-Northeast, Kelly Creek, and Gresham-North Central. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of June 15, 2026, the average rent in Gresham is $1,369, which is 0.5% 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-Northeast
Average Rent
$1,428/Month
Year-Over-Year Rent Change
1.2%
Units Available
62 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 $1,428, while the city’s average stands at $1,369. In the last year, prices have increased by 1.2%. Gresham-Northeast is near Portland International, Blue Lake Regional Park, and Springwater Corridor.
Kelly Creek
Average Rent
$1,450/Month
Year-Over-Year Rent Change
0.8%
Units Available
38 Rentals
Kelly Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kelly Creek is $1,450 while the city average is $1,369. This is a 0.8% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Maywood Park, Oxbow Regional Park, and Springwater Corridor.
Gresham-North Central
Average Rent
$1,483/Month
Year-Over-Year Rent Change
1.1%
Units Available
92 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-North Central. The average rent is $1,483, compared to the city average of $1,369. Rent prices have decreased by 1.1%. Gresham-North Central is convenient to Ruby Junction/E 197Th, Nadaka Nature Park, and Springwater Corridor.
Mt Hood
Average Rent
$1,502/Month
Year-Over-Year Rent Change
7.5%
Units Available
23 Rentals
Mt Hood is an affordable neighborhood in Gresham with an average rent price of $1,502. Compare this to the city average of $1,369. In the past year, rent prices have decreased by 7.5%. Mt Hood provides easy access to Ruby Junction/E 197Th, Planetarium Sky Theater, and Gresham Central Transit Center.
Holly Brook
Average Rent
$1,518/Month
Year-Over-Year Rent Change
4.3%
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Holly Brook might be the perfect place! It has an average rent price of $1,518, while the city’s average stands at $1,369. In the last year, prices have increased by 4.3%. Holly Brook is near Civic Drive Max Station, Gresham Station Shopping Center, and Portland International.
Powell Valley
Average Rent
$1,532/Month
Year-Over-Year Rent Change
0.8%
Units Available
32 Rentals
Powell Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Powell Valley is $1,532 while the city average is $1,369. This is a 0.8% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Gresham, Gresham City Hall, and Lewis and Clark State Recreation Site.
Downtown Gresham
Average Rent
$1,556/Month
Year-Over-Year Rent Change
2.2%
Units Available
86 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Downtown Gresham. The average rent is $1,556, compared to the city average of $1,369. Rent prices have decreased by 2.2%. Downtown Gresham is convenient to Planetarium Sky Theater, Gresham City Hall, and Dabney State Recreation Area.
Gresham Butte
Average Rent
$1,563/Month
Units Available
16 Rentals
Gresham Butte is an affordable neighborhood in Gresham with an average rent price of $1,563. Compare this to the city average of $1,369. Gresham Butte provides easy access to Dabney State Recreation Area, Springwater Corridor, and Ruby Junction/E 197Th.
Gresham-Northwest
Average Rent
$1,581/Month
Year-Over-Year Rent Change
1%
Units Available
45 Rentals
If you’re looking for a great, affordable neighborhood in Gresham, Gresham-Northwest might be the perfect place! It has an average rent price of $1,581, while the city’s average stands at $1,369. In the last year, prices have increased by 1%. Gresham-Northwest is near Mount Hood C.C., Gresham, Blue Lake Regional Park, and Gresham Station Shopping Center.
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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.