Best Affordable Neighborhoods in Gresham, OR

Some of the cheapest neighborhoods in Gresham are Gresham-Centennial, Kelly Creek, and Holly Brook. These neighborhoods offer some of the lowest rent prices in Gresham, making them ideal for renters on a budget. As of December 15, 2025, the average rent in Gresham is $1,366, which is 1.4% 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

$1,396/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

43/100

Units Available

12 Rentals

Gresham-Centennial is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gresham-Centennial is $1,396 while the city average is $1,366. This is a 1.3% difference from last year. Residents enjoy convenient access to Portland Community College, Leach Botanical Garden, and Springwater Corridor. The neighborhood is considered somewhat walkable with a WalkScore® of 64.

Kelly Creek

Average Rent

$1,438/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

18/100

Units Available

20 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Kelly Creek. The average rent is $1,438, compared to the city average of $1,366. Rent prices have increased by 0.9%. Kelly Creek is convenient to Powell Valley Junction, Dabney State Recreation Area, and Cleveland Avenue. The community is car-dependent with a WalkScore® of 35.

Holly Brook

Average Rent

$1,464/Month

Year-Over-Year Rent Change

7.1%

TransitScore® Rating

45/100

Units Available

21 Rentals

Holly Brook is an affordable neighborhood in Gresham with an average rent price of $1,464. Compare this to the city average of $1,366. In the past year, rent prices have increased by 7.1%. Holly Brook provides easy access to Mount Hood C.C., Bruning Ctr., Portland International, and Civic Drive Max Station. It’s a somewhat walkable neighborhood with a WalkScore® of 54.

Cascadia

Average Rent

$1,465/Month

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Gresham, Cascadia might be the perfect place! It has an average rent price of $1,465, while the city’s average stands at $1,366. Cascadia is near Blue Lake Regional Park, Nadaka Nature Park, and Portland Community College.

Mt Hood

Average Rent

$1,482/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

45/100

Units Available

19 Rentals

Mt Hood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mt Hood is $1,482 while the city average is $1,366. This is a 3.3% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Gresham, Ruby Junction/E 197Th, and Springwater Corridor. The neighborhood is considered somewhat walkable with a WalkScore® of 65.

Gresham-North Central

Average Rent

$1,501/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

47/100

Units Available

105 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Gresham-North Central. The average rent is $1,501, compared to the city average of $1,366. Rent prices have decreased by 0.4%. Gresham-North Central is convenient to Portland International, Gresham Central Transit Center, and Planetarium Sky Theater. The community is somewhat walkable with a WalkScore® of 63.

Gresham-Northeast

Average Rent

$1,501/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

43/100

Units Available

73 Rentals

Gresham-Northeast is an affordable neighborhood in Gresham with an average rent price of $1,501. Compare this to the city average of $1,366. In the past year, rent prices have increased by 1.7%. Gresham-Northeast provides easy access to Lewis and Clark State Recreation Site, Portland International, and Stark Street Plaza. It’s a somewhat walkable neighborhood with a WalkScore® of 61.

Powell Valley

Average Rent

$1,509/Month

Year-Over-Year Rent Change

1.1%

TransitScore® Rating

43/100

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 $1,509, while the city’s average stands at $1,366. In the last year, prices have increased by 1.1%. Powell Valley is near Mount Hood C.C., Maywood Park, Cleveland Avenue, and Ruby Junction/E 197Th.

Randalls Hollybrook

Average Rent

$1,525/Month

Units Available

14 Rentals

Randalls Hollybrook is a top choice for budget-conscious renters for a variety of reasons. The average rent in Randalls Hollybrook is $1,525 while the city average is $1,366. Residents enjoy convenient access to Gresham Central Transit Center, Gresham City Hall, and Portland Community College.

Downtown Gresham

Average Rent

$1,528/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

65/100

Units Available

82 Rentals

When you’re looking for a great Gresham neighborhood on a budget, check out Downtown Gresham. The average rent is $1,528, compared to the city average of $1,366. Rent prices have decreased by 0.3%. Downtown Gresham is convenient to Gresham City Hall, Portland International, and Civic Drive Max Station. The community is walkable with a WalkScore® of 90.

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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.