Cheap Apartments for Rent in Gresham, OR from $500 (47 Rentals)

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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

21900 SE Alder DrGresham, OR 97030
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Gresham Station
Studio Apartments

Gresham Station

1003 NW Shattuck WayGresham, OR 97030
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Hood Brook Apartments
1 to 3 Bedroom Apartments

Hood Brook Apartments

1074 SE Mount Hood HwyGresham, OR 97080
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Linden Apartments
1 to 3 Bedroom Apartments

Linden Apartments

951 NE Linden AveGresham, OR 97030

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

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Rockwood Landing
2 to 4 Bedroom Apartments

Rockwood Landing

19045 SE Yamhill StPortland, OR 97233
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Rosewood Plaza
Studio Apartments

Rosewood Plaza

18173 NE Couch StPortland, OR 97230
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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
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The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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Wellington Square
1 to 3 Bedroom Apartments

Wellington Square

19849 NE Halsey StPortland, OR 97230
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Parkway Garden Apartments
Studio to 3 Bedroom Apartments

Parkway Garden Apartments

14024-14124 NE Sandy BlvdPortland, OR 97230
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Mayfield Court Apartments
1 to 2 Bedroom Apartments

Mayfield Court Apartments

17675 SE Pine StPortland, OR 97233
Senior Living
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Evergreen Gardens
2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
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Tuscany Village
Studio to 2 Bedroom Apartments

Tuscany Village

1136 NE 181st AvePortland, OR 97230
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seaside02
1 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233
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Montevideo Apartments
2 Bedroom Apartments

Montevideo Apartments

1210 NE 181st AvePortland, OR 97230
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Wynne Watts Commons
Studio to 2 Bedroom Apartments

Wynne Watts Commons

928 NE 162nd AvePortland, OR 97230
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Rose Apartments
1 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233

Gresham, OR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Gresham, OR

Pricing Updated: 03/26/2025

Current apartment rentals in the Gresham, OR area range in price from $915 to $4,182 with an overall median price of $2,238. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $1,049, Gresham Southwest at $1,290, and Gresham Centennial at $1,075. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Gresham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Gresham Northeast$2,150$1,0492366
Gresham Southwest$2,182$1,2901674
Gresham Centennial$2,273$1,0751716
Gresham Northwest$2,281$1,1491714
Gresham North Central$2,307$9152647

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 ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$915
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$959
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
Highland ParkStudio AStudio,1BA$1,049
Huckleberry ApartmentsStudioStudio,1BA$1,050
D Street Salal ApartmentsSTUDIOStudio,1BA$1,050
seaside021BR/1.0BA1BR,1BA$1,050
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,100
The ZimmerStudioStudio,1BA$1,149
Vine Maple1BR 1Bath1BR,1BA$1,150

Best Value Apartments for Rent in Gresham, OR

As of March 26, 2025 the best value apartment in the Gresham area is the $1.38 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,575. The second greatest value Gresham apartment is the 3BR 1Bath Model at Fern Grove starting at $1,575 with a $1.39 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.38
Fern Grove3BR 1Bath3BR,1BA$1.39
Chelsey Lane Apartments0502x2m2BR,2BA$1.37
Trailside Apartmentsts2x22BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Sherman Villa2BR2BR,2BA$1.45
Polynesian Terrace2X1 Ground2BR,1BA$1.47
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.45
Fircrest2BR/1.0BA2BR,1BA$1.47

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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Gresham, OR Rentals by Map

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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

Frequently Asked Questions about Cheap Gresham Apartments

What is the Cheapest Studio apartment in Gresham?

Currently the most affordable Cheap Studio Apartment in Gresham is at Abigail Court - Student Housing listed at $915.

How much is rent for a Cheap One Bedroom Gresham Apartment?

The lowest price for a Cheap One Bedroom Gresham Apartment is $999 at The Bria Apartments.

What is the lowest price for a Cheap Two Bedroom Gresham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gresham is starting from $1,150 at The Bria Apartments.

What is the most affordable Gresham Three Bedroom Apartment?

The best deal on a cheap Gresham Three Bedroom Apartment rental is at Halsey Summit Apartments and starts from $1,500.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

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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.

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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.

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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.