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 to 2 Bedroom 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
  • Utilities Included

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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Linden Apartments
1 to 3 Bedroom Apartments

Linden Apartments

951 NE Linden AveGresham, OR 97030

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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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
  • Utilities Included

The 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.

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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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Evergreen Gardens
1 to 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

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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The Aurora
1 to 3 Bedroom Apartments

The Aurora

16015 SE Stark StPortland, OR 97233
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Montevideo Apartments
Studio to 3 Bedroom Apartments

Montevideo Apartments

1210 NE 181st AvePortland, OR 97230
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seaside02
1 to 2 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233
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Wynne Watts Commons
Studio to 3 Bedroom Apartments

Wynne Watts Commons

928 NE 162nd AvePortland, OR 97230

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.

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Alder Village
Studio to 3 Bedroom Apartments

Alder Village

16000 SE Alder StPortland, OR 97233
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Rose Apartments
1 to 3 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233
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Emerald Park Apartments
1 to 3 Bedroom Apartments

Emerald Park Apartments

646-664 SE 148th AvePortland, OR 97233
  • Utilities Included

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: 09/14/2025

Current apartment rentals in the Gresham, OR area range in price from $935 to $3,190 with an overall median price of $2,166. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $1,020, Gresham Centennial at $1,095, and Gresham Northwest at $935. 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$1,947$1,02044
Gresham Centennial$2,047$1,095153
Gresham Northwest$2,180$935161
Gresham Southwest$2,258$93594
Gresham North Central$2,399$93588

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a Studio unit found at Alder Royal Apartments in the East Portland neighborhood priced from $995. The Aurora in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alder Royal Apartments0BR/1.0BAStudio,1BA$995
The Aurora1X11BR,1BA$1,034
Keystone East Apartment HomesSmStudio,1BA$1,045
Huckleberry ApartmentsStudioStudio,1BA$1,050
Wynne Watts CommonsStudioStudio,1BA$1,050
seaside011BR/1.0BA1BR,1BA$1,095
Linden Place ApartmentsOne Bed-1st Floor1BR,1BA$1,099
Highland ParkStudio AStudio,1BA$1,100
Alder Village1BR/1.0BA1BR,1BA$1,100
Mayfield Court Apartments1 BEDROOM1BR,1BA$1,107

Best Value Apartments for Rent in Gresham, OR

As of September 14, 2025 the best value apartment in the Gresham area is the $1.43 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $1,900. 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.
Cedar Tree2 Bedroom2BR,1BA$1.43
Fern Grove3BR 1Bath3BR,1BA$1.39
Ranch Apartments2 Bedroom 1 Bath Large2BR,1BA$1.45
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Maple Meadows2BR/1.0BA2BR,1BA$1.48
Rockwood Village Apartments2 Bedroom x 1 Bathroom2BR,1BA$1.33
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.36

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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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Gresham, OR Apartments Map
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Gresham, OR Rental Homes Map

Getting Around Gresham, OR

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

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 $1,107.

What is the price of a cheap apartment in Gresham?

The cheapest apartment in Gresham is The Aurora which is listed at $1,034, while the average apartment in Gresham costs $2,166.

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 38 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 $181 which is $1,985 cheaper than the average rent for all rentals in Gresham.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.