Cheap Homes for Rent in Gresham, OR from $1,100 (23 Rentals)

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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.

property at 2608 SW 23rd St

2608 SW 23rd St

TroutdaleOR97060

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Gresham, OR Local Guide

Cheapest Neighborhoods for Apartments in Gresham, OR

Pricing Updated: 09/18/2025

Current apartment rentals in the Gresham, OR area range in price from $1,295 to $4,500 with an overall median price of $2,687. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Centennial at $1,695, Gresham Northwest at $1,295, and Gresham North Central at $1,350. 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$1,695$1,6951
Gresham Northwest$2,095$1,2952
Gresham North Central$2,550$1,3505
Gresham Northeast$2,595$1,5955
Gresham Southwest$4,500$2,4956

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in Gresham, OR is a Studio unit found at Alder Royal Apartments in the East Portland neighborhood priced from $995. The Aurora in the East Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. Here is today’s list of the most affordable Gresham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alder Royal Apartments0BR/1.0BAStudio,1BA$995
The Aurora1X11BR,1BA$1,034
Keystone East Apartment HomesSmStudio,1BA$1,045
seaside021BR/1.0BA1BR,1BA$1,050
Huckleberry ApartmentsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Gresham, OR

As of September 18, 2025 the best value apartment in the Gresham area is the $1.43 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $1,900. 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.
Cedar Tree2 Bedroom2BR,1BA$1.43
Fern Grove3BR 1Bath3BR,1BA$1.39
Ranch Apartments2 Bedroom 1 Bath Large2BR,1BA$1.45
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Rockwood Village Apartments2 Bedroom x 1 Bathroom2BR,1BA$1.33
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.45
seaside021BR/1.0BA1BR,1BA$1.40

Quick Rent Budget Calculator

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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 658 Apartments for Rent in Gresham, OR with pricing that ranges from $935 to $3,190. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $1,145 to $5,400.

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 $1,145 to $5,400 with an average monthly rent of $3,266.

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 $3,190, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,025 to $2,900. 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.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.