
Cheap Homes for Rent in Downtown Gresham Neighborhood of Gresham, OR from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Gresham area of Gresham.

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.

1205 E Powell Blvd
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

162 NW 15th St
Downtown Gresham, Gresham, OR Local Guide

How much does it cost to rent a home in Downtown Gresham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Gresham 2 Bedroom Homes for Rent | $1,770 | $1,545 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Gresham Neighborhood of Gresham, OR.
Explore Gresham
Best Value Apartments for Rent in Downtown Gresham, OR
As of August 24, 2025 the best value apartment in the Downtown Gresham area is the $1.29 price per square foot 0503x2 Model at Chelsey Lane Apartments in the in the Kelly Creek neighborhood starting from $1,750. The second greatest value Downtown Gresham apartment is the 3x2 BR Model at Alvista 23 Apartment Homes starting at $1,869 with a $1.59 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. |
---|---|---|---|
Chelsey Lane Apartments | 0503x2 | 3BR,2BA | $1.29 |
Alvista 23 Apartment Homes | 3x2 BR | 3BR,2BA | $1.59 |
Heron Hills | 2 Bed 2 Bath | 2BR,2BA | $1.59 |
Powell Street Station | 2BR/2.0BA | 2BR,2BA | $1.73 |
Hampton Heights | 2x1 | 2BR,1BA | $1.69 |
Gresham Central | 2 bedroom 1 bath | 2BR,1BA | $1.60 |
Sienna Lofts | X-Large One Bedroom | 1BR,1BA | $1.77 |
Bristol Woods | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.69 |
Troutdale Terrace | 2 Bed - 1 Bath | 2BR,1BA | $1.76 |
Mountain Meadows | 1x1 | 1BR,1BA | $1.76 |
Frequently Asked Questions about Downtown Gresham
What type of rentals are currently available in Downtown Gresham?
There are currently 81 Apartments for Rent in Downtown Gresham, OR with pricing that ranges from $935 to $4,686. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Gresham ranging from $1,275 to $1,995.
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 $1,275 to $1,995 with an average monthly rent of $1,527.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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.

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.