Cheap Homes for Rent in Gresham, OR from $1,000 (18 Rentals)

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property at 2123 SW Wright Ct

2123 SW Wright Ct

TroutdaleOR97060

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: 04/30/2025

Current apartment rentals in the Gresham, OR area range in price from $915 to $4,831 with an overall median price of $2,223. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Centennial at $1,250, Gresham Northwest at $1,124, and Gresham Northeast at $1,020. 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$2,111$1,250117
Gresham Northwest$2,116$1,124124
Gresham Northeast$2,236$1,02087
Gresham North Central$2,257$91578
Gresham Southwest$2,395$1,250111

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a Studio unit found at Abigail Court - Student Housing in the Riverbend neighborhood priced from $915. The Bria Apartments in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$915
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
Highland ParkStudio AStudio,1BA$1,040
D Street Salal ApartmentsSTUDIOStudio,1BA$1,050
Huckleberry ApartmentsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Gresham, OR

As of April 30, 2025 the best value apartment in the Gresham area is the $1.46 price per square foot 3BR/2.0BA Model at 120 SE 143rd Portland, LLC in the in the East Portland neighborhood starting from $1,750. The second greatest value Gresham apartment is the 3BR 1 Bath Model at Irish Moss Plaza Apartments starting at $1,499 with a $1.31 price per square foot in the East Portland 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.
120 SE 143rd Portland, LLC3BR/2.0BA3BR,2BA$1.46
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.31
Fern Grove3BR 1Bath3BR,1BA$1.39
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Beverly Gardens Apartments2 Bed 1 Bath2BR,1BA$1.38
Sunpointe2 Bed 2 Bath2BR,2BA$1.48
Polynesian Terrace2X1 Ground2BR,1BA$1.47
Sherman Villa2BR2BR,2BA$1.45

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Frequently Asked Questions about Gresham

What type of rentals are currently available in Gresham?

There are currently 644 Apartments for Rent in Gresham, OR with pricing that ranges from $915 to $4,831. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $1,095 to $5,500.

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 $1,095 to $5,500 with an average monthly rent of $3,174.

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 $1,295 to $2,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,945 and Four Bedroom Apartments start at $1,889.

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.

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.