
Cheap Apartments for Rent in the Downtown Gresham Neighborhood of Gresham, OR from $800 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Gresham area of Gresham.


501 NE 3rd St

Highland Park

Linden Place Apartments

Arbor Place Apartments

Woodland Flats Apartments

East Wind

The Zimmer

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Alvista 23 Apartment Homes

Alpine Meadows Apartments I
Portland’s Best Affordable Neighborhoods
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Berry Ridge

Sienna Lofts

Cedarline

Hogan Woods

The Archibald

Lumina Apartments

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Alta Civic Station

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Outlook 16

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Aspire Trailmark

Townfair Apartments
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3rd Central

Bristol Woods

Aspen Highlands

Landings at Morrison

The Groves

1232 NE 16th St

1244 NE 16th St

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Twelve Mile Crossing

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Arts Plaza

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Springwater Crossing
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Eleven Pines

Royal Greens Apartments

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Heron Hills

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Avana Powell Valley

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The Arden

Stark Street Crossings

Columbia Trails

Powell Street Station

The Ridge at Bella Vista

Linden Apartments
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Elizabeth Anne Apartments

Liberty Square

Hood Village Apartments

Emerald Pointe Apartments

The Wes

Chelsey Lane Apartments

Alexan Park Commons

Eastman Heights Apartments

Gresham Central

530 NE 5th St
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Downtown Gresham, Gresham, OR Local Guide

How much does it cost to rent an apartment in Downtown Gresham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Gresham Studio Apartments | $1,351 | $1,020 | $1,545 |
| Downtown Gresham 1 Bedroom Apartments | $1,509 | $995 | $3,273 |
| Downtown Gresham 2 Bedroom Apartments | $1,745 | $1,295 | $3,185 |
| Downtown Gresham 3 Bedroom Apartments | $2,081 | $1,575 | $2,550 |
| Downtown Gresham 4 Bedroom Apartments | $2,532 | $2,532 | $2,532 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Downtown Gresham Neighborhood of Gresham, OR.
See all Apartments in GreshamExplore Gresham
Cheapest Available Downtown Gresham Apartments for Rent
 The cheapest available apartment rental in the Downtown Gresham area of Portland, OR is a 1 Bed unit found at Rockwood Village Apartments priced from $995. Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable Downtown Gresham apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $995 |
| Highland Park | Studio A | Studio,1BA | $1,049 |
| Linden Place Apartments | One Bed - First Floor Washer/Dryer Hook-Ups | 1BR,1BA | $1,058 |
| Arbor Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,150 |
| IRONWOOD GREENS | 1 Bed 1 Bath | 1BR,1BA | $1,175 |
| East Wind | 1 Bedroom 1 Bath | 1BR,1BA | $1,245 |
| Woodland Flats Apartments | Studio | Studio,1BA | $1,245 |
| Linden Apartments | 2 Bedroom 1 Bath Townhome | 2BR,1BA | $1,250 |
| Alvista 23 Apartment Homes | 1x1 | 1BR,1BA | $1,268 |
| Alpine Meadows Apartments I | Aspen II | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Downtown Gresham, OR
As of July 27, 2026 the best value apartment in the Downtown Gresham area is the $1.49 price per square foot 3 Bed - 2 Bath Model at Troutdale Terrace in the in the Riverbend neighborhood starting from $1,862. The second greatest value Downtown Gresham apartment is the 2 BedroomB Model at 3rd Central starting at $1,695 with a $1.47 price per square foot in the Gresham Butte neighborhood. Here is today’s list of the best values for Downtown Gresham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Troutdale Terrace | 3 Bed - 2 Bath | 3BR,2BA | $1.49 |
| 3rd Central | 2 BedroomB | 2BR,2BA | $1.47 |
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.39 |
| Fieldstone Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.52 |
| Heron Hills | 2 Bed 2 Bath | 2BR,2BA | $1.57 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.65 |
| Hampton Heights | 2x1 | 2BR,1BA | $1.64 |
| Bristol Woods | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.58 |
| Linden Apartments | 2 Bedroom 1 Bath Townhome | 2BR,1BA | $1.43 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $1.42 |
Frequently Asked Questions about Cheap Downtown Gresham Apartments
What is a cheap apartment in Downtown Gresham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Gresham is under $1,275.
What is the price of a cheap apartment in Downtown Gresham?
The cheapest apartment in Downtown Gresham is Rockwood Village Apartments which is listed at $995, while the average apartment in Downtown Gresham costs $2,532.
What types of apartments are the cheapest in Downtown 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 11 regular apartments in Downtown 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 Downtown Gresham?
Cheap apartments in Downtown Gresham have an average cost of $1,380 which is $1,152 cheaper than the average rent for all rentals in Downtown 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.
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