
Cheap Apartments for Rent in Gresham, OR from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Gresham.


Highland Park

Linden Place Apartments

Arbor Place Apartments

Aldercrest Apartments

Gresham Station

Beverly Gardens Apartments

Linden Apartments

York Terrace

Keystone East
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.

Glendoveer Woods Apartments

D Street Salal Apartments

Rockwood Village Apartments

Stark Street Crossing

Huckleberry Apartments

Vine Maple

Alder Village

Firwood Station

seaside01

17452 SE Powell Blvd
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.

Windsor Court Apartments

Tuscany Village

Alder Royal Apartments

Windsor Manor Apartments

Rockwood Landing

Rosewood Plaza

Burlwood Apartments

Burnside Manor

Rockwood Park Apartments

The Alexis Apartments
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Glenview Woods Apartments

Fir Haven Mobile Home Park

Wellington Square

Parkway Garden Apartments

Evergreen Gardens

Jennifer Anne Apartments

Spring Villa Apartments

The Bria Apartments

The Courtyard on Stark

Fairview House Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Crofton Apartments

Benford Court Apartments

View North Apartments

Central East Apartments

Montevideo Apartments

Wynne Watts Commons

seaside02

Madera Court Apartments

Greenview Village

Rose Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,267 | $651 | $2,272 |
| Cheap Gresham 1 Bedroom Apartments | $1,468 | $698 | $2,809 |
| Cheap Gresham 2 Bedroom Apartments | $1,664 | $837 | $2,512 |
| Cheap Gresham 3 Bedroom Apartments | $2,099 | $968 | $3,970 |
| Cheap Gresham 4 Bedroom Apartments | $3,996 | $1,995 | $5,771 |
Browse Top Apartments in Gresham
See all Apartments in GreshamExplore Gresham
Gresham, OR Local Guide

- Gresham Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Gresham, OR
Pricing Updated: 03/16/2026Current apartment rentals in the Gresham, OR area range in price from $915 to $5,771 with an overall median price of $3,509. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $1,020, Gresham North Central at $1,020, and Gresham Centennial at $915. 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 | $1,899 | $1,020 | 138 |
| Gresham North Central | $2,113 | $1,020 | 167 |
| Gresham Centennial | $3,883 | $915 | 188 |
| Gresham Northwest | $3,883 | $995 | 352 |
| Gresham Southwest | $5,771 | $985 | 121 |
Cheapest Available Gresham Apartments for Rent
 The cheapest available apartment rental in Gresham, OR is a Studio unit found at York Terrace in the Riverbend neighborhood priced from $651. Abigail Court - Student Housing in the Kelly Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Gresham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| York Terrace | Studio | Studio,1BA | $651 |
| Abigail Court - Student Housing | Studio | Studio,1BA | $850 |
| Keystone East | You didn't know what you were missing until you... | Studio,1BA | $915 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $959 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $995 |
| Highland Park | Studio A | Studio,1BA | $1,049 |
| Wynne Watts Commons | Studio | Studio,1BA | $1,050 |
| Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
| Linden Place Apartments | One Bed-First Floor | 1BR,1BA | $1,093 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Gresham, OR
As of March 16, 2026 the best value apartment in the Gresham area is the $1.02 price per square foot 3BD/2.5BTH Model at Cedar Tree in the in the East Portland neighborhood starting from $1,999. The second greatest value Gresham apartment is the 0502x2m Model at Chelsey Lane Apartments starting at $1,500 with a $1.39 price per square foot in the Kelly Creek 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. |
|---|---|---|---|
| Cedar Tree | 3BD/2.5BTH | 3BR,2.5BA | $1.02 |
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.39 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Park Place | 3 Bed 2 Bath Standard | 3BR,2BA | $1.38 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $1.15 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| S815 - Star Apartments | 2x1 Flats | 2BR,1BA | $1.40 |
| Terracina Vista | Two Bedroom | 2BR,1BA | $1.38 |
| Windsor Manor Apartments | 2 Bedroom, 1 Bath sm | 2BR,1BA | $1.29 |
| York Terrace | Studio | Studio ,1BA | $1.12 |
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!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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
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
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 $1,095.
What is the price of a cheap apartment in Gresham?
The cheapest apartment in Gresham is York Terrace which is listed at $698, while the average apartment in Gresham costs $3,509.
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 66 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 $325 which is $3,184 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

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.

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.