
Cheap Apartments for Rent in Gresham, OR from $500 (310 Rentals)
Search the lowest-cost Apartments available for rent right now in Gresham.


Highland Park

Woodland Flats Apartments

Arbor Place Apartments

Park Place

East Wind

The Zimmer

Linden Place Apartments

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Alta Civic Station

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Arts Plaza
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.

The Groves

200 SW Florence Ave, Unit G11

Hogan Woods

Alpine Meadows Apartments I

Sienna Lofts

Brookside Apartments

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The Arden

The Archibald

Parkside Apartments

Lumina Apartments
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

Aspen Highlands

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Alvista 23 Apartment Homes

Landings at Morrison

3rd Central

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Aspire Trailmark

Bristol Woods

75 NW 15th St

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Springwater Crossing

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Eleven Pines
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

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Aspire Gresham

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Heron Hills

Royal Greens Apartments

Columbia Trails

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Outlook 16

1244 NE 16th St

Mountain Knolls

Stark Street Crossings
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.

1040-1040 W Powell Blvd

The Ridge at Bella Vista

Aldercrest Apartments

Gresham Station

Beverly Gardens Apartments

Eastwood Estates

Linden Apartments

Hood Brook Apartments

Pinewood Station

Cameron Court Apartments
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

How much does it cost to rent an apartment in Gresham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Gresham Studio Apartments | $1,270 | $700 | $2,528 |
| Cheap Gresham 1 Bedroom Apartments | $1,449 | $985 | $2,669 |
| Cheap Gresham 2 Bedroom Apartments | $1,681 | $1,075 | $3,366 |
| Cheap Gresham 3 Bedroom Apartments | $2,141 | $1,395 | $2,865 |
| Cheap Gresham 4 Bedroom Apartments | $2,447 | $2,447 | $2,447 |
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: 06/14/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Gresham Northeast | $2,147 | $958 | 277 |
| Gresham North Central | $2,283 | $1,020 | 151 |
| Gresham Southwest | $2,389 | $985 | 88 |
| Gresham Centennial | $2,447 | $700 | 163 |
| Gresham Northwest | $2,447 | $700 | 257 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Stark Apartments | Studio | Studio,1BA | $700 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $785 |
| seaside02 | 1BR/1.0BA | 1BR,1BA | $995 |
| Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $1,000 |
| Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
| Beverly Gardens Apartments | Studio | Studio,1BA | $1,075 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $1,088 |
| Eastwood Estates | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Woodland Flats Apartments | Studio | Studio,1BA | $1,099 |
| Keystone East | 0BR/1.0BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rockwood Village Apartments | 3 Bedroom x 2 Bathroom | 3BR,2BA | $1.24 |
| Halsey Summit Apartments | 3 Bedroom, 1.5 Bath | 3BR,1.5BA | $1.09 |
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.39 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.28 |
| Park Place | 3 Bed 2 Bath Standard | 3BR,2BA | $1.38 |
| Windsor Court Apartments | 2 Bedroom Loft | 2BR,2BA | $1.40 |
| Maple Meadows Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Firwood Station | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $0.86 |
| seaside01 | 1BR/1.0BA | 1BR,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!
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 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 ArticleReal 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.
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.
Gresham, ORPopulation: 110,158
Ranked #275
in US Census Population by City
Best Local Schools in Gresham, OR
East Gresham 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
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

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

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.

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.

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.

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.
