
Cheap Homes for Rent in Gresham, OR from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Gresham.


18411 E Burnside St

19109 SE Yamhill St

19115 SE Yamhill St

1366 NE 186th Ave
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.

200 SW Florence Ave, Unit F1

1384 NE 186th Ave

1205 E Powell Blvd

2612 SE 160th Ave
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.

1515 NE Hale Pl

164 SW Lancaster Ct

1013 SE 190th Ave

162 NW 15th St

18001 Northeast Pacific Street
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

213 NE 148th Ave

2637 SE 162nd Ave
Gresham, OR Local Guide

How much does it cost to rent a home in Gresham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Gresham 2 Bedroom Homes for Rent | $1,785 | $1,395 | $2,100 | 
| Gresham 3 Bedroom Homes for Rent | $3,160 | $1,895 | $10,000+ | 
| Gresham 4 Bedroom Homes for Rent | $3,286 | $2,350 | $5,000 | 
| Gresham 5 Bedroom Homes for Rent | $3,798 | $3,200 | $5,000 | 
| Gresham 6 Bedroom Homes for Rent | $4,150 | $4,150 | $4,150 | 
Browse Top Homes for Rent in Gresham
Explore Gresham
Gresham, OR Local Guide
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Cheapest Neighborhoods for Apartments in Gresham, OR
Pricing Updated: 11/04/2025Current apartment rentals in the Gresham, OR area range in price from $935 to $5,365 with an overall median price of $2,056. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $1,020, Gresham Centennial at $950, and Gresham Southwest at $935. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Gresham Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units | 
|---|---|---|---|
| Gresham Northeast | $1,855 | $1,020 | 67 | 
| Gresham Centennial | $2,089 | $950 | 187 | 
| Gresham Southwest | $2,094 | $935 | 124 | 
| Gresham North Central | $2,115 | $935 | 138 | 
| Gresham Northwest | $2,127 | $935 | 242 | 
Cheapest Available Gresham Apartments for Rent
 The cheapest available apartment rental in Gresham, OR is a Studio unit found at Keystone East Apartment Homes in the East Portland neighborhood priced from $950. Alder Royal Apartments 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 Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Keystone East Apartment Homes | Sm | Studio,1BA | $950 | 
| Alder Royal Apartments | 1BR/1.0BA | 1BR,1BA | $995 | 
| seaside02 | 1BR/1.0BA | 1BR,1BA | $995 | 
| Crofton Apartments | 2BD/1BTH | 2BR,1BA | $1,000 | 
| The Aurora | 1X1 | 1BR,1BA | $1,034 | 
Best Value Apartments for Rent in Gresham, OR
As of November 04, 2025 the best value apartment in the Gresham area is the $1.39 price per square foot 3 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $2,299. The second greatest value Gresham apartment is the 201 SW 4th St Model at 201 SW 4th St, Unit 2 starting at $1,600 with a $1.19 price per square foot in the Riverbend neighborhood. Here is today’s list of the best values for Gresham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Cedar Tree | 3 Bedroom | 3BR,2.5BA | $1.39 | 
| 201 SW 4th St, Unit 2 | 201 SW 4th St | 2BR,1BA | $1.19 | 
| Halsey Summit Apartments | 3 Bedroom, 1.5 Bath | 3BR,1.5BA | $1.09 | 
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.37 | 
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 | 
| Windsor Court Apartments | 2 Bedroom Loft | 2BR,2BA | $1.45 | 
| Maple Meadows | 2BR/1.0BA | 2BR,1BA | $1.50 | 
| Queens Commons | 2x1 | 2BR,1BA | $1.52 | 
| Red Rose Manor | 2BR2B | 2BR,2BA | $1.45 | 
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 | 
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleApartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Gresham, OR
Pleasant Valley Elementary School
Sam Barlow High School
Dexter Mccarty Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gresham, OR Rentals by Map
See the most popular apartments and homes in Gresham, OR
Frequently Asked Questions about Gresham
What type of rentals are currently available in Gresham?
There are currently 670 Apartments for Rent in Gresham, OR with pricing that ranges from $935 to $5,365. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $700 to $19,995.
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 $19,995 with an average monthly rent of $3,118.
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 $1,150 to $5,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $19,995. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,447.
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.

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.
