Best Affordable Neighborhoods in Gresham, OR
Some of the cheapest neighborhoods in Gresham are Kelly Creek, Gresham-Centennial, and Cascadia. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of March 16, 2026, the average rent in Gresham is $1,353, 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.
Kelly Creek
Average Rent
$1,399/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
18/100
Units Available
23 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 $1,399, while the city’s average stands at $1,353. In the last year, prices have increased by 0.9%. Kelly Creek is near Planetarium Sky Theater, Oxbow Regional Park, and Portland Community College.
Gresham-Centennial
Average Rent
$1,435/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
43/100
Units Available
16 Rentals
Gresham-Centennial is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Centennial is $1,435 while the city average is $1,353. This is a -0.8% difference from last year. Residents enjoy convenient access to Rockwood/E 188Th Transit Center, Portland International, and Midland Park. The neighborhood is considered somewhat walkable with a WalkScore® of 64.
Cascadia
Average Rent
$1,438/Month
Units Available
14 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Cascadia. The average rent is $1,438, compared to the city average of $1,353. Cascadia is convenient to Gresham Station Shopping Center, Planetarium Sky Theater, and Portland International.
Mt Hood
Average Rent
$1,449/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
45/100
Units Available
19 Rentals
Mt Hood is an affordable neighborhood in Gresham with an average rent price of $1,449. Compare this to the city average of $1,353. In the past year, rent prices have decreased by 1.8%. Mt Hood provides easy access to Portland International, Ruby Junction/E 197Th, and Dabney State Recreation Area. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
Gresham-Northeast
Average Rent
$1,486/Month
Year-Over-Year Rent Change
6.3%
TransitScore® Rating
43/100
Units Available
73 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 $1,486, while the city’s average stands at $1,353. In the last year, prices have decreased by 6.3%. Gresham-Northeast is near Dabney State Recreation Area, Cleveland Avenue, and Hogan Plaza.
Gresham Butte
Average Rent
$1,487/Month
TransitScore® Rating
10/100
Units Available
15 Rentals
Gresham Butte is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham Butte is $1,487 while the city average is $1,353. Residents enjoy convenient access to Cleveland Avenue, Portland Community College, and Mount Hood C.C., Bruning Ctr.. The neighborhood is considered car-dependent with a WalkScore® of 13.
Holly Brook
Average Rent
$1,492/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
45/100
Units Available
22 Rentals
When you’re looking for a great Gresham neighborhood on a budget, check out Holly Brook. The average rent is $1,492, compared to the city average of $1,353. Rent prices have increased by 1.6%. Holly Brook is convenient to Mount Hood C.C., Gresham, Gresham Town Fair, and Planetarium Sky Theater. The community is somewhat walkable with a WalkScore® of 54.
Gresham-North Central
Average Rent
$1,505/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
47/100
Units Available
118 Rentals
Gresham-North Central is an affordable neighborhood in Gresham with an average rent price of $1,505. Compare this to the city average of $1,353. In the past year, rent prices have decreased by 1.4%. Gresham-North Central provides easy access to Gresham City Hall, Springwater Corridor, and Mount Hood C.C., Gresham. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Powell Valley
Average Rent
$1,525/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
43/100
Units Available
26 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 $1,525, while the city’s average stands at $1,353. In the last year, prices have increased by 0.9%. Powell Valley is near Portland International, Cleveland Avenue, and Lewis and Clark State Recreation Site.
Sandpiper East
Average Rent
$1,540/Month
Units Available
15 Rentals
Sandpiper East is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sandpiper East is $1,540 while the city average is $1,353. Residents enjoy convenient access to Mount Hood C.C., Bruning Ctr., Troutdale Commons, and Mount Hood C.C., Maywood Park.
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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.