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.