Cheap Homes for Rent in Gresham, OR from $800 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-21, Page 1 of 1

Gresham, OR Local Guide

Cheapest Neighborhoods for Apartments in Gresham, OR

Pricing Updated: 08/02/2025

Current apartment rentals in the Gresham, OR area range in price from $935 to $3,920 with an overall median price of $2,289. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $935, Gresham Centennial at $1,095, and Gresham Northwest at $935. 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 Northeast$2,195$935238
Gresham Centennial$2,250$1,095149
Gresham Northwest$2,250$935168
Gresham Southwest$2,333$93590
Gresham North Central$2,417$93584

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 $935. Greenfaire 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 ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$935
Greenfaire Apartments1BR/1.0BA1BR,1BA$995
Alder Royal Apartments1BR/1.0BA1BR,1BA$995
seaside021BR/1.0BA1BR,1BA$995
The Bria Apartments1 Bedroom1BR,1BA$999

Best Value Apartments for Rent in Gresham, OR

As of August 02, 2025 the best value apartment in the Gresham area is the $1.52 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,738. The second greatest value Gresham apartment is the 3BR 1Bath Model at Fern Grove starting at $1,575 with a $1.39 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.
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.52
Fern Grove3BR 1Bath3BR,1BA$1.39
109 SW Cherry Park Rd, Unit 107109 SW Cherry Park Rd2BR,1BA$1.41
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Cedar Grove Apartments2 Bed 2 Bath2BR,2BA$1.54
Maple Meadows2BR/1.0BA2BR,1BA$1.50
Beverly Gardens Apartments2 Bed 1 Bath2BR,1BA$1.48
Glenfair Park Apartments2BR/1.5BA2BR,1.5BA$1.50
Queens Commons2x12BR,1BA$1.52
Castillian Townhomes2X1.52BR,1.5BA$1.49

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Gresham

What type of rentals are currently available in Gresham?

There are currently 650 Apartments for Rent in Gresham, OR with pricing that ranges from $935 to $3,920. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $800 to $6,400.

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 $800 to $6,400 with an average monthly rent of $2,960.

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 $1,550 to $3,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,145 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,850 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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.