Cheap Homes for Rent in Downtown Gresham Neighborhood of Gresham, OR from $1,200 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Gresham area of Gresham.

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.

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.

Best Value Apartments for Rent in Downtown Gresham, OR

As of October 09, 2025 the best value apartment in the Downtown Gresham area is the $1.67 price per square foot 3x2 - 1178 Model at Mountain Meadows in the in the Riverbend neighborhood starting from $1,965. The second greatest value Downtown Gresham apartment is the 0502x2m Model at Chelsey Lane Apartments starting at $1,475 with a $1.37 price per square foot in the Kelly Creek neighborhood. Here is today’s list of the best values for Downtown Gresham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain Meadows3x2 - 11783BR,2BA$1.67
Chelsey Lane Apartments0502x2m2BR,2BA$1.37
Heron Hills2 Bed 2 Bath2BR,2BA$1.52
Eleven Pines2x2 Renovated2BR,2BA$1.62
Hampton Heights2x12BR,1BA$1.69
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
Gresham Central2 bedroom 1 bath2BR,1BA$1.60
Shenandoah Gardens Apartments2X12BR,1BA$1.55
Aspire Trailmark2x1 Renovated2BR,1BA$1.67
Fairview Village ApartmentsPacific Street1BR,1BA$1.67

Frequently Asked Questions about Downtown Gresham

What type of rentals are currently available in Downtown Gresham?

There are currently 84 Apartments for Rent in Downtown Gresham, OR with pricing that ranges from $935 to $3,325. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Gresham ranging from $1,295 to $2,500.

What is the current price range for Rental Homes in Downtown Gresham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Gresham ranges from $1,295 to $2,500 with an average monthly rent of $1,864.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.