Cheap Apartments for Rent in Gresham, OR from $500 (310 Rentals)

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Alta Civic Station
Rent Specials
$1,276 - $2,133
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Total Monthly Price

Base Rent
$1,276 - $2,133

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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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Arts Plaza
Rent Specials
$1,299 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,599

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Studio to 3 Bedroom Apartments Available Now

Arts Plaza

492 NE 2nd StGresham, OR 97030
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 200 SW Florence Ave

$1,365

Total Monthly Price

Total Monthly Price

Base Rent
$1,365

Total Monthly Price
$1,365

1 Bedroom, 1 Bath Condo for Rent

Available Now

200 SW Florence Ave, Unit G11

200 SW Florence Ave
GreshamOR97080
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The Arden
Rent Specials
$1,390 - $3,380
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Total Monthly Price

Base Rent
$1,390 - $3,380

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1 to 3 Bedroom Apartments Available Now

The Arden

765 SE Mount Hood HwyGresham, OR 97080
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Avana Powell Valley
Rent Specials
$1,423 - $3,366
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Total Monthly Price

Base Rent
$1,423 - $3,366

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1 to 3 Bedroom Apartments Available Now

Avana Powell Valley

1500 SW Pleasant View DrGresham, OR 97080
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Aspire Trailmark
$1,484 - $1,636
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Total Monthly Price

Base Rent
$1,484 - $1,636

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2 Bedroom Apartments Available Now

Aspire Trailmark

700 SW Eastman PkyGresham, OR 97080
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Springwater Crossing
Rent Specials
$1,514 - $2,586
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Total Monthly Price

Base Rent
$1,514 - $2,586

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1 to 3 Bedroom Apartments Available Now

Springwater Crossing

1132 NW Birdsdale AveGresham, OR 97030
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Eleven Pines
$1,525 - $1,904
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Total Monthly Price

Base Rent
$1,525 - $1,904

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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Twelve Mile Crossing
Rent Specials
$1,540 - $2,305
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Total Monthly Price

Base Rent
$1,540 - $2,305

Total Monthly Price
$1,540 - $2,305
1 to 3 Bedroom Apartments Available Now

Twelve Mile Crossing

588 SE 217th AveGresham, OR 97030
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Aspire Gresham
Rent Specials
$1,540 - $1,653
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Total Monthly Price

Base Rent
$1,540 - $1,653

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Varies
2 Bedroom Apartments Available Now

Aspire Gresham

2400 NE Red Sunset DrGresham, OR 97030
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Heron Hills
Rent Specials
$1,550 - $1,675
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Total Monthly Price

Base Rent
$1,550 - $1,675

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Varies
2 Bedroom Apartments Available Jun 17

Heron Hills

23900 SE Stark StGresham, OR 97030
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Outlook 16
$1,569 - $4,586
Total Monthly Price

Total Monthly Price

Base Rent
$1,569 - $4,586

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1 to 2 Bedroom Apartments Available Now

Outlook 16

1616 NE 16th WayGresham, OR 97030
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

21900 SE Alder DrGresham, OR 97030
  • Utilities Included
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Gresham Station
Studio to 2 Bedroom Apartments

Gresham Station

1003 NW Shattuck WayGresham, OR 97030
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Eastwood Estates
1 to 2 Bedroom Apartments

Eastwood Estates

19109-19123 SE Yamhill StGresham, OR 97233
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Linden Apartments
1 to 3 Bedroom Apartments

Linden Apartments

951 NE Linden AveGresham, 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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Pinewood Station
1 to 2 Bedroom Apartments

Pinewood Station

16300-16400 E Burnside StGresham, OR 97233
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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: 06/14/2026

Current apartment rentals in the Gresham, OR area range in price from $700 to $3,366 with an overall median price of $2,342. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $958, Gresham North Central at $1,020, and Gresham Southwest at $985. 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$2,147$958277
Gresham North Central$2,283$1,020151
Gresham Southwest$2,389$98588
Gresham Centennial$2,447$700163
Gresham Northwest$2,447$700257

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a Studio unit found at East Stark Apartments in the East Portland neighborhood priced from $700. Rockwood Landing in the Wilkes neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $785. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
East Stark ApartmentsStudioStudio,1BA$700
Rockwood Landing2X1- 40% LIHTC2BR,1BA$785
seaside021BR/1.0BA1BR,1BA$995
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,000
Huckleberry ApartmentsStudioStudio,1BA$1,050
Beverly Gardens ApartmentsStudioStudio,1BA$1,075
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,088
Eastwood Estates1 Beds, 1 Baths1BR,1BA$1,095
Woodland Flats ApartmentsStudioStudio,1BA$1,099
Keystone East0BR/1.0BAStudio,1BA$1,100

Best Value Apartments for Rent in Gresham, OR

As of June 14, 2026 the best value apartment in the Gresham area is the $1.24 price per square foot 3 Bedroom x 2 Bathroom Model at Rockwood Village Apartments in the in the East Portland neighborhood starting from $1,595. The second greatest value Gresham apartment is the 3 Bedroom, 1.5 Bath Model at Halsey Summit Apartments starting at $1,200 with a $1.09 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.
Rockwood Village Apartments3 Bedroom x 2 Bathroom3BR,2BA$1.24
Halsey Summit Apartments3 Bedroom, 1.5 Bath3BR,1.5BA$1.09
Chelsey Lane Apartments0502x2m2BR,2BA$1.39
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.28
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Windsor Court Apartments2 Bedroom Loft2BR,2BA$1.40
Maple Meadows Apartments2BR/1.0BA2BR,1BA$1.40
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Rockwood Landing2X1- 40% LIHTC2BR,1BA$0.86
seaside011BR/1.0BA1BR,1BA$1.35

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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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.

Gresham, OR
Population: 110,158

Ranked #275

in US Census Population by City

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

Explore Gresham, OR Rentals by Map

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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 $1,100.

What is the price of a cheap apartment in Gresham?

The cheapest apartment in Gresham is seaside02 which is listed at $995, while the average apartment in Gresham costs $2,342.

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 17 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 $973 which is $1,369 cheaper than the average rent for all rentals in Gresham.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.