Cheap Apartments for Rent in Gresham, OR from $500 (282 Rentals)

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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.

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Alta Civic Station
Rent Specials
$1,381 - $2,897
Total Monthly Price

Total Monthly Price

Base Rent
$1,381 - $2,897

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Aspire Trailmark
Rent Specials
$1,411 - $1,636
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $1,636

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Aspire Trailmark

700 SW Eastman PkyGresham, OR 97080
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Outlook 16
Rent Specials
$1,417 - $3,059
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $3,059

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Outlook 16

1616 NE 16th WayGresham, OR 97030
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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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Twelve Mile Crossing
Rent Specials
$1,499 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $2,250

Total Monthly Price
$1,499 - $2,250
1 to 3 Bedroom Apartments Available Now

Twelve Mile Crossing

588 SE 217th AveGresham, OR 97030
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Arts Plaza
Rent Specials
$1,500 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,375

Total Monthly Price
$1,500 - $2,375
Studio to 3 Bedroom Apartments Available Now

Arts Plaza

492 NE 2nd StGresham, OR 97030
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Springwater Crossing
Rent Specials
$1,514 - $2,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,514 - $2,715

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Springwater Crossing

1132 NW Birdsdale AveGresham, OR 97030
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Eleven Pines
$1,525 - $2,099
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $2,099

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Aspire Gresham
Rent Specials
$1,525 - $1,811
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $1,811

Total Monthly Price
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
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $1,675

Total Monthly Price
$1,550 - $1,675
2 Bedroom Apartments Available Now

Heron Hills

23900 SE Stark StGresham, OR 97030
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The Arden
Rent Specials
$1,598 - $3,627
Total Monthly Price

Total Monthly Price

Base Rent
$1,598 - $3,627

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Arden

765 SE Mount Hood HwyGresham, OR 97080
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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

21900 SE Alder DrGresham, OR 97030
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Mountain Crest
1 to 2 Bedroom Apartments

Mountain Crest

1519 SE Roberts DrGresham, OR 97080
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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: 07/29/2026

Current apartment rentals in the Gresham, OR area range in price from $958 to $3,273 with an overall median price of $2,339. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $958, Gresham Southwest at $985, and Gresham North Central 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 Northeast$2,055$958261
Gresham Southwest$2,262$985120
Gresham North Central$2,316$1,020134
Gresham Centennial$2,532$995194
Gresham Northwest$2,532$995268

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a 2 Beds unit found at Rockwood Landing in the Wilkes neighborhood priced from $785. Rockwood Village Apartments in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockwood Landing2X1- 40% LIHTC2BR,1BA$785
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$995
The Aurora1X11BR,1BA$1,034
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$1,044
Highland ParkStudio AStudio,1BA$1,049
Huckleberry ApartmentsStudioStudio,1BA$1,050
Linden Place ApartmentsOne Bed - First Floor Washer/Dryer Hook-Ups1BR,1BA$1,058
Eastwood Estates1 Beds, 1 Baths1BR,1BA$1,095
Ascot Firs1BR/1.0BA1BR,1BA$1,095
Elaine Station Apartments1BR/1.0BA1BR,1BA$1,095

Best Value Apartments for Rent in Gresham, OR

As of July 29, 2026 the best value apartment in the Gresham area is the $1.39 price per square foot 0502x2m Model at Chelsey Lane Apartments in the in the Kelly Creek neighborhood starting from $1,500. The second greatest value Gresham apartment is the 2 Bedroom, 2 Bath Model at East Park Place Apartments starting at $1,450 with a $1.38 price per square foot in the Wilkes 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.
Chelsey Lane Apartments0502x2m2BR,2BA$1.39
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Maple Meadows Apartments2BR/1.0BA2BR,1BA$1.35
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Tuscany Village2x12BR,1BA$1.35
Rockwood Landing2X1- 40% LIHTC2BR,1BA$0.86
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.30
Elaine Station Apartments1BR/1.0BA1BR,1BA$1.29
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$1.42

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!

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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 $1,095.

What is the price of a cheap apartment in Gresham?

The cheapest apartment in Gresham is Rockwood Village Apartments which is listed at $995, while the average apartment in Gresham costs $2,339.

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 22 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 $959 which is $1,380 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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From Arts to Eats: A Local Insider's 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.

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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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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.