Cheap Apartments for Rent in Gresham, OR from $500 (48 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 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
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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.

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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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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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.

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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
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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
2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
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seaside02
1 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233
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Tuscany Village
Studio to 2 Bedroom Apartments

Tuscany Village

1136 NE 181st AvePortland, OR 97230

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Montevideo Apartments
2 Bedroom Apartments

Montevideo Apartments

1210 NE 181st AvePortland, OR 97230
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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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Alder Village
1 Bedroom Apartments

Alder Village

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

Rose Apartments

1200 SE 162nd AvePortland, OR 97233

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: 07/30/2025

Current apartment rentals in the Gresham, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Gresham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Gresham Northwest$1,395$1,3951
Gresham Northeast$2,795$2,7951
Gresham North Central$2,995$1,5453
Gresham Southwest$4,500$2,6003

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a Studio unit found at Abigail Court - Student Housing in the Riverbend neighborhood priced from $935. Greenfaire 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
Abigail Court - Student HousingStudioStudio,1BA$935
Greenfaire Apartments1BR/1.0BA1BR,1BA$995
Alder Royal Apartments1BR/1.0BA1BR,1BA$995
seaside021BR/1.0BA1BR,1BA$995
The Bria Apartments1 Bedroom1BR,1BA$999
Keystone East Apartment HomesSTU-SmStudio,1BA$1,045
Huckleberry ApartmentsStudioStudio,1BA$1,050
Highland ParkStudio AStudio,1BA$1,068
Linden Place ApartmentsOne Bed-Second Floor1BR,1BA$1,073
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,074

Best Value Apartments for Rent in Gresham, OR

As of July 30, 2025 the best value apartment in the Gresham area is the $1.52 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,738. 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.
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.52
Fern Grove3BR 1Bath3BR,1BA$1.39
109 SW Cherry Park Rd, Unit 107109 SW Cherry Park Rd2BR,1BA$1.41
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Beverly Gardens Apartments2 Bed 1 Bath2BR,1BA$1.48
Maple Meadows2BR/1.0BA2BR,1BA$1.50
Township Eastside2x2 Classic2BR,2BA$1.48
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
Sherman Villa2BR2BR,2BA$1.55
Castillian Townhomes2X1.52BR,1.5BA$1.49

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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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Getting Around Gresham, OR

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Gresham Apartments

What is the Cheapest Studio apartment in Gresham?

Currently the most affordable Cheap Studio Apartment in Gresham is at Abigail Court - Student Housing listed at $935.

How much is rent for a Cheap One Bedroom Gresham Apartment?

The lowest price for a Cheap One Bedroom Gresham Apartment is $995 at Alder Royal Apartments.

What is the lowest price for a Cheap Two Bedroom Gresham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gresham is starting from $1,150 at The Bria Apartments.

What is the most affordable Gresham Three Bedroom Apartment?

The best deal on a cheap Gresham Three Bedroom Apartment rental is at Eastside Village Apartments and starts from $1,495.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.