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.