Cheap Homes for Rent in Gresham, OR from $1,000 (15 Rentals)

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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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Gresham, OR Local Guide

Cheapest Neighborhoods for Apartments in Gresham, OR

Pricing Updated: 04/13/2025

Current apartment rentals in the Gresham, OR area range in price from $915 to $5,042 with an overall median price of $2,161. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Centennial at $1,276, Gresham Northwest at $1,149, and Gresham Northeast at $1,020. 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 Centennial$2,036$1,27658
Gresham Northwest$2,043$1,14965
Gresham Northeast$2,178$1,02075
Gresham North Central$2,250$91596
Gresham Southwest$2,300$1,27646

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. The Bria Apartments in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$915
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
Glendoveer Woods ApartmentsI.R. Studio NO W/D-ALL UTILITIES INCLUDEDStudio,1BA$1,039
Highland ParkStudio AStudio,1BA$1,047
D Street Salal ApartmentsSTUDIOStudio,1BA$1,050

Best Value Apartments for Rent in Gresham, OR

As of April 14, 2025 the best value apartment in the Gresham area is the $1.31 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,499. 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$1.31
Fern Grove3BR 1Bath3BR,1BA$1.39
Trailside Apartments2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Rosewood Apartments3BR/1.0BA3BR,1BA$1.55
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Sherman Villa2BR2BR,2BA$1.45
Fircrest Apartments 1159-F2x12BR,1BA$1.58

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Frequently Asked Questions about Gresham

What type of rentals are currently available in Gresham?

There are currently 636 Apartments for Rent in Gresham, OR with pricing that ranges from $850 to $5,042. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $1,095 to $4,750.

What is the current price range for Rental Homes in Gresham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gresham ranges from $1,095 to $4,750 with an average monthly rent of $2,490.

How much are larger Three and Four Bedroom Rentals in Gresham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gresham range from $1,341 to $2,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,495. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $1,813.

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.