Most Affordable Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Gresham-Centennial, Holly Brook, and Kelly Creek. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of April 30, 2025, the average rent in Gresham is $1,372, which is 0.4% higher 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
$1,251/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
43/100
Units Available
7 Rentals
Gresham-Centennial is an affordable neighborhood in Gresham with an average rent price of $1,251. Compare this to the city average of $1,372. In the past year, rent prices have decreased by 0.7%. Gresham-Centennial provides easy access to Powell Vista Center, Rockwood Plaza, and Leach Botanical Garden. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
Holly Brook
Average Rent
$1,443/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
45/100
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 $1,443, while the city’s average stands at $1,372. In the last year, prices have increased by 0.4%. Holly Brook is near Gresham City Hall, Cleveland Avenue, and Civic Drive Max Station.
Kelly Creek
Average Rent
$1,444/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
18/100
Units Available
24 Rentals
Kelly Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kelly Creek is $1,444 while the city average is $1,372. This is a -3.2% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Bruning Ctr., Portland International, and Springwater Corridor. The neighborhood is considered car-dependent with a WalkScore® of 35.
Gresham-Southwest
Average Rent
$1,507/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
23/100
Units Available
6 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-Southwest. The average rent is $1,507, compared to the city average of $1,372. Rent prices have increased by 1.5%. Gresham-Southwest is convenient to Portland International, Gresham City Hall, and Nadaka Nature Park. The community is car-dependent with a WalkScore® of 23.
Mt Hood
Average Rent
$1,517/Month
Year-Over-Year Rent Change
10.8%
TransitScore® Rating
45/100
Units Available
21 Rentals
Mt Hood is an affordable neighborhood in Gresham with an average rent price of $1,517. Compare this to the city average of $1,372. In the past year, rent prices have increased by 10.8%. Mt Hood provides easy access to Cleveland Avenue, Cleveland Square, and Nadaka Nature Park. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
Gresham-Northwest
Average Rent
$1,538/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
57/100
Units Available
51 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 $1,538, while the city’s average stands at $1,372. In the last year, prices have decreased by 2%. Gresham-Northwest is near Civic Drive Max Station, Mount Hood C.C., Bruning Ctr., and Gresham Station Shopping Center.
Downtown Gresham
Average Rent
$1,619/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
65/100
Units Available
74 Rentals
Downtown Gresham is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Gresham is $1,619 while the city average is $1,372. This is a 4% difference from last year. Residents enjoy convenient access to Gresham Central Transit Center, Kelly's Square, and Gresham City Hall. The neighborhood is considered walkable with a WalkScore® of 90.
Gresham-North Central
Average Rent
$1,685/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
47/100
Units Available
61 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-North Central. The average rent is $1,685, compared to the city average of $1,372. Rent prices have decreased by 0.1%. Gresham-North Central is convenient to Burnside Commons, Burnside Crossing, and Portland International. The community is somewhat walkable with a WalkScore® of 63.
Powell Valley
Average Rent
$1,708/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
43/100
Units Available
30 Rentals
Powell Valley is an affordable neighborhood in Gresham with an average rent price of $1,708. Compare this to the city average of $1,372. In the past year, rent prices have increased by 0.8%. Powell Valley provides easy access to Fred Meyer Shopping Center, Civic Drive Max Station, and Mount Hood C.C., Bruning Ctr.. It’s a somewhat walkable neighborhood with a WalkScore® of 58.
Gresham-Northeast
Average Rent
$1,765/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
43/100
Units Available
19 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 $1,765, while the city’s average stands at $1,372. In the last year, prices have increased by 2.1%. Gresham-Northeast is near Cleveland Avenue, Gresham City Hall, and Civic Drive Max Station.
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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.