Cheap Homes for Rent in Gresham, OR from $700 (22 Rentals)

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

property at 1924 SE 139th Ave
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
1 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

1924 SE 139th Ave, Unit Room 3

1924 SE 139th Ave
PortlandOR97233
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property at 16049 SE Caruthers St
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

16049 SE Caruthers St, Unit 1

16049 SE Caruthers St
PortlandOR97233
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property at 14200 NE Sandy Blvd
$1,445 - $1,695
2 To 3 Bedroom Rentals
Available Now
Affordability

14200 NE Sandy Blvd

PortlandOR97230

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Gresham, OR Local Guide

Cheapest Neighborhoods for Apartments in Gresham, OR

Pricing Updated: 09/03/2026

Current apartment rentals in the Gresham, OR area range in price from $958 to $3,483 with an overall median price of $1,601. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Centennial at $1,575, Gresham North Central at $1,595, and Gresham Northwest at $1,596. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Gresham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Gresham Centennial$1,575$995261
Gresham North Central$1,595$1,079212
Gresham Northwest$1,596$995339
Gresham Northeast$1,620$958305
Gresham Southwest$1,625$985181

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a 2 Beds unit found at Rockwood Landing in the Wilkes neighborhood priced from $785. Ascot Firs in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockwood Landing2X1- 40% LIHTC2BR,1BA$785
Ascot Firs1BR/1.0BA1BR,1BA$995
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$995
East County Project1 BR1BR,1BA$1,011
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,032

Best Value Apartments for Rent in Gresham, OR

As of September 04, 2026 the best value apartment in the 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 Gresham apartment is the 0502x2m Model at Chelsey Lane Apartments starting at $1,500 with a $1.39 price per square foot in the Kelly Creek neighborhood. Here is today’s list of the best values for Gresham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Greens ApartmentsThree Bed Two Bath3BR,2BA$1.19
Chelsey Lane Apartments0502x2m2BR,2BA$1.39
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Township Eastside2x2 Classic2BR,2BA$1.36
View North Apartments2 Beds, 1 Baths2BR,1BA$1.26
Tuscany Village2x12BR,1BA$1.30
Rockwood Landing2X1- 40% LIHTC2BR,1BA$0.86
Eastside Village Apartments2BR/1.0BA2BR,1BA$1.41
Linden Apartments2 Bedroom 1 Bath Townhome2BR,1BA$1.43
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$1.42

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Gresham, OR
Population: 110,158

Ranked #275

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Gresham

What type of rentals are currently available in Gresham?

There are currently 674 Apartments for Rent in Gresham, OR with pricing that ranges from $958 to $3,451. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $700 to $4,895.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gresham ranges from $700 to $4,895 with an average monthly rent of $2,304.

How much are larger Three and Four Bedroom Rentals in Gresham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gresham range from $1,499 to $2,817, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,295. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,995.

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

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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.

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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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