162 NW 15th St
GreshamOR97030
Cheap Homes for Rent in Downtown Gresham Neighborhood of Gresham, OR from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Gresham area of Gresham.
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.
145 NW 15th St
GreshamOR97030
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.
1736-1742 NE Beech Pl
GreshamOR97030
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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 | $1,545 | $1,545 | $1,545 |
| Downtown Gresham 3 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Downtown Gresham 4 Bedroom Homes for Rent | $3,125 | $2,950 | $3,300 |
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.
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Best Value Apartments for Rent in Downtown Gresham, OR
As of December 14, 2025 the best value apartment in the Downtown Gresham area is the $1.74 price per square foot 4 Bedroom x 2 Bathroom Model at Rockwood Village Apartments in the in the East Portland neighborhood starting from $2,447. The second greatest value Downtown Gresham apartment is the 0503x2 Model at Chelsey Lane Apartments starting at $1,750 with a $1.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rockwood Village Apartments | 4 Bedroom x 2 Bathroom | 4BR,2BA | $1.74 |
| Chelsey Lane Apartments | 0503x2 | 3BR,2BA | $1.29 |
| The Groves | 3x2 Classic | 3BR,2BA | $1.71 |
| Heron Hills | 2 Bed 2 Bath | 2BR,2BA | $1.47 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.63 |
| Powell Street Station | 2BR/2.0BA | 2BR,2BA | $1.68 |
| Hampton Heights | 2x1 | 2BR,1BA | $1.69 |
| IRONWOOD GREENS | 2 Bed 1 Bath | 2BR,1BA | $1.42 |
| Shenandoah Gardens Apartments | 2X1 | 2BR,1BA | $1.55 |
| Aspire Trailmark | 2x1 Renovated | 2BR,1BA | $1.68 |
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 $899 to $3,595. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Gresham ranging from $1,545 to $3,300.
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 $1,545 to $3,300 with an average monthly rent of $2,390.
How much are larger Three and Four Bedroom Rentals in Downtown Gresham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Gresham range from $1,650 to $3,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,447.
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.
Helpful Local Expert Guides
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.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.