
Cheap Homes for Rent in Gresham, OR from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Gresham.


19109 SE Yamhill St

13441 SE Stark St

13437 SE Stark St

2633 SE 145th Ave

2629 SE 145th Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3879 NE 152nd Ave

17838 NE Multnomah Dr

2645 SE 145th Ave

16964 SE Stark St

258-260 SW Lancaster Ct

14140 NE Sandy Blvd
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.

1 NE Fairview Ave

200 SW Florence Ave, Unit G11

18411 E Burnside St

14206 NE Sandy Blvd

1535 NE Kane Dr

18245 E Burnside St
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.

1348 NE 186th Ave

203 SE 176th Pl
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 | $1,422 | $1,125 | $1,895 |
| Gresham 3 Bedroom Homes for Rent | $2,362 | $1,595 | $3,095 |
| Gresham 4 Bedroom Homes for Rent | $3,079 | $2,500 | $3,500 |
| Gresham 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
| Gresham 6 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
| Gresham 7 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
Browse Top Homes for Rent in Gresham
Explore Gresham
Gresham, OR Local Guide
- Gresham Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Gresham, OR
Pricing Updated: 05/28/2026Current apartment rentals in the Gresham, OR area range in price from $915 to $3,712 with an overall median price of $2,290. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Northeast at $958, Gresham North Central at $1,020, and Gresham Southwest at $985. 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 | $2,137 | $958 | 334 |
| Gresham North Central | $2,202 | $1,020 | 170 |
| Gresham Southwest | $2,220 | $985 | 82 |
| Gresham Centennial | $2,447 | $915 | 156 |
| Gresham Northwest | $2,447 | $995 | 301 |
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. Crofton Apartments in the East Portland neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here is today’s list of the most affordable Gresham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $785 |
| Crofton Apartments | 2BD/1BTH | 2BR,1BA | $1,000 |
| The Aurora | 1X1 | 1BR,1BA | $1,034 |
| Highland Park | Studio A | Studio,1BA | $1,049 |
| Alder Royal Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Gresham, OR
As of May 28, 2026 the best value apartment in the Gresham area is the $1.32 price per square foot 2BD/1BTH Model at Cedar Tree in the in the East Portland neighborhood starting from $1,750. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Tree | 2BD/1BTH | 2BR,1BA | $1.32 |
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.39 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Park Place | 3 Bed 2 Bath Standard | 3BR,2BA | $1.38 |
| Windsor Court Apartments | 2 Bedroom Loft | 2BR,2BA | $1.40 |
| Firwood Station | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $0.86 |
| Greenview Village | 2BR/1.0BA | 2BR,1BA | $1.43 |
| Crofton Apartments | 2BD/1BTH | 2BR,1BA | $1.29 |
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 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 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 ArticleReal 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.
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.
Gresham, ORPopulation: 110,158
Ranked #275
in US Census Population by City
Best Local Schools in Gresham, OR
East Gresham 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 674 Apartments for Rent in Gresham, OR with pricing that ranges from $915 to $8,306. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $890 to $5,995.
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 $890 to $5,995 with an average monthly rent of $3,151.
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 $1,395 to $2,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,095. Four Bedroom Single-Family rentals are also available starting from $2,500 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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.