
Cheap Apartments for Rent in the Downtown Gresham Neighborhood of Gresham, OR from $850 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Gresham area of Gresham.


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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 | $1,363 | $1,099 | $1,925 |
| Downtown Gresham 1 Bedroom Apartments | $1,505 | $995 | $1,950 |
| Downtown Gresham 2 Bedroom Apartments | $1,721 | $1,295 | $2,590 |
| Downtown Gresham 3 Bedroom Apartments | $2,079 | $1,575 | $2,850 |
| Downtown Gresham 4 Bedroom Apartments | $2,221 | $1,995 | $2,447 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Gresham Neighborhood of Gresham, OR.
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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 |
| Woodland Flats Apartments | Studio | Studio,1BA | $1,099 |
Best Value Apartments for Rent in Downtown Gresham, OR
As of September 11, 2026 the best value apartment in the Downtown Gresham area is the $1.19 price per square foot Three Bed Two Bath Model at Royal Greens Apartments in the in the Riverbend neighborhood starting from $2,125. The second greatest value Downtown Gresham apartment is the North Townhouses Model at S815 - Star Apartments starting at $1,895 with a $1.60 price per square foot in the Riverbend 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. |
|---|---|---|---|
| Royal Greens Apartments | Three Bed Two Bath | 3BR,2BA | $1.19 |
| S815 - Star Apartments | North Townhouses | 3BR,1.5BA | $1.60 |
| Chelsey Lane Apartments | 0502x2l | 2BR,2BA | $1.37 |
| CLEVELAND STATION | Two Bedroom Two Bath Medium | 2BR,2BA | $1.49 |
| Heron Hills | 2 Bed 2 Bath | 2BR,2BA | $1.52 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.68 |
| Hampton Heights | 2x1 | 2BR,1BA | $1.58 |
| Bristol Woods | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.61 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $1.42 |
| Linden Apartments | 1 Bedroom Home | 1BR,1BA | $1.65 |
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 $1,264.
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 $1,595.
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 14 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 $1,218 which is $377 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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