
Cheap Apartments for Rent in Gresham, OR from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Gresham.


Ironwood Greens

Glendoveer Woods Apartments

The Bria Apartments
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

D Street Salal Apartments
Gresham, OR Local Guide

How much does it cost to rent an apartment in Gresham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Gresham Studio Apartments | $1,358 | $915 | $1,934 |
Cheap Gresham 1 Bedroom Apartments | $1,559 | $999 | $4,039 |
Cheap Gresham 2 Bedroom Apartments | $1,869 | $1,150 | $3,775 |
Cheap Gresham 3 Bedroom Apartments | $2,114 | $1,341 | $2,992 |
Cheap Gresham 4 Bedroom Apartments | $2,058 | $1,813 | $2,304 |
Browse Top Apartments in Gresham
See all Apartments in GreshamExplore Gresham
Gresham, OR Local Guide

- Gresham Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Gresham, OR
Pricing Updated: 04/01/2025Current apartment rentals in the Gresham, OR area range in price from $915 to $4,039 with an overall median price of $2,188. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $1,050, Gresham Centennial at $1,075, and Gresham Southwest at $1,300. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Gresham Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Gresham Northeast | $2,106 | $1,050 | 76 |
Gresham Centennial | $2,143 | $1,075 | 62 |
Gresham Southwest | $2,150 | $1,300 | 53 |
Gresham Northwest | $2,195 | $1,149 | 67 |
Gresham North Central | $2,349 | $915 | 105 |
Cheapest Available Gresham Apartments for Rent
 The cheapest available apartment rental in Gresham, OR is a Studio unit found at Abigail Court - Student Housing in the Riverbend neighborhood priced from $915. Glendoveer Woods Apartments in the East Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $959. Here is today’s list of the most affordable Gresham apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Abigail Court - Student Housing | Studio | Studio,1BA | $915 |
Glendoveer Woods Apartments | Studio NO Washer & Dryer | Studio,1BA | $959 |
The Bria Apartments | 1 Bed, 1 bath | 1BR,1BA | $999 |
Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
D Street Salal Apartments | STUDIO | Studio,1BA | $1,050 |
Highland Park | 1x1 LRG | 1BR,1BA | $1,137 |
Eastside Village Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
The Zimmer | Studio | Studio,1BA | $1,149 |
Halsey Summit Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Gresham, OR
As of April 02, 2025 the best value apartment in the Gresham area is the $1.58 price per square foot Three Bedroom Townhome Model at Springwater Crossing in the in the Gresham Butte neighborhood starting from $2,470. The second greatest value Gresham apartment is the 3BR 1 Bath Model at Irish Moss Plaza Apartments starting at $1,575 with a $1.38 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Gresham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Springwater Crossing | Three Bedroom Townhome | 3BR,2.5BA | $1.58 |
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.38 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Trailside Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
Park Place | 3 Bed 2 Bath Standard | 3BR,2BA | $1.38 |
Griffin Court | 2BR/1.5BA | 2BR,1.5BA | $1.50 |
Sunpointe | 2 Bed 2 Bath | 2BR,2BA | $1.56 |
Polynesian Terrace | 2X1 Ground | 2BR,1BA | $1.47 |
Sherman Villa | 2BR | 2BR,2BA | $1.45 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Gresham Overview
Located just east of Portland, Gresham is a thriving city of over 100,000 residents in the hub of Oregon. Home to a number of historic sites as well as offering much in the way of gorgeous natural scenery, this on-the-move Northwestern hot spot is an excellent option for anyone eager to connect with a new place to reside.
Why live in Gresham, OR?
From natural surroundings including lakes, hiking trails and public parks, to convenient city amenities like retail shopping and delectible eateries, Gresham rentals make an ideal consideration for anyone yearning to discover all the great state of Oregon has to offer. With a strong local economy and impressive area schools, this charming northwestern destination could be the sure bet you have been searching for.
Best Local Schools in Gresham, OR
Pleasant Valley Elementary School
Sam Barlow High School
Dexter Mccarty Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gresham, OR Rentals by Map
See the most popular apartments and homes in Gresham, OR
Getting Around Gresham, OR
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
46 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Gresham Apartments
What is a cheap apartment in Gresham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gresham is under $1,150.
What is the price of a cheap apartment in Gresham?
The cheapest apartment in Gresham is The Bria Apartments which is listed at $999, while the average apartment in Gresham costs $2,188.
What types of apartments are the cheapest in Gresham?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Gresham that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Gresham?
Cheap apartments in Gresham have an average cost of $116 which is $2,072 cheaper than the average rent for all rentals in Gresham.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.