
Cheap Homes for Rent in Gresham, OR from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Gresham.


19115 SE Yamhill St

2629 SE 145th Ave

13437 SE Stark St

3879 NE 152nd Ave

17838 NE Multnomah Dr

16964 SE Stark St
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

16049 SE Caruthers St, Unit 1

14140 NE Sandy Blvd

14212 NE Sandy Blvd

14206 NE Sandy Blvd

18411 E Burnside St

15535 NE Glisan St

4668 SE 2nd St
Rent According to Income: A Look at Income-Restricted Rentals
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14142 NE Sandy Blvd

14200 NE Sandy Blvd

20114 NE Thompson St

21929 NE Halsey St, Unit 201

18001 Northeast Pacific Street

1117 NE 181st Ave

14134 NE Sandy Blvd
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

20 SE 172nd 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 | $1,710 | $1,125 | $2,400 |
| Gresham 3 Bedroom Homes for Rent | $2,656 | $1,695 | $4,295 |
| Gresham 4 Bedroom Homes for Rent | $3,296 | $2,295 | $4,895 |
| Gresham 5 Bedroom Homes for Rent | $3,572 | $3,195 | $3,950 |
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: 09/03/2026Current apartment rentals in the Gresham, OR area range in price from $958 to $3,483 with an overall median price of $1,601. The three Gresham neighborhoods with the lowest median rent pricing are Gresham Centennial at $1,575, Gresham North Central at $1,595, and Gresham Northwest at $1,596. 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 Centennial | $1,575 | $995 | 261 |
| Gresham North Central | $1,595 | $1,079 | 212 |
| Gresham Northwest | $1,596 | $995 | 339 |
| Gresham Northeast | $1,620 | $958 | 305 |
| Gresham Southwest | $1,625 | $985 | 181 |
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. Ascot Firs 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 |
|---|---|---|---|
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $785 |
| Ascot Firs | 1BR/1.0BA | 1BR,1BA | $995 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $995 |
| East County Project | 1 BR | 1BR,1BA | $1,011 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $1,032 |
Best Value Apartments for Rent in Gresham, OR
As of September 04, 2026 the best value apartment in the Gresham area is the $1.19 price per square foot Three Bed Two Bath Model at Royal Greens Apartments in the in the Riverbend neighborhood starting from $2,125. 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. |
|---|---|---|---|
| Royal Greens Apartments | Three Bed Two Bath | 3BR,2BA | $1.19 |
| Chelsey Lane Apartments | 0502x2m | 2BR,2BA | $1.39 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.36 |
| View North Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.26 |
| Tuscany Village | 2x1 | 2BR,1BA | $1.30 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $0.86 |
| Eastside Village Apartments | 2BR/1.0BA | 2BR,1BA | $1.41 |
| Linden Apartments | 2 Bedroom 1 Bath Townhome | 2BR,1BA | $1.43 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $1.42 |
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 $958 to $3,451. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $700 to $4,895.
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 $4,895 with an average monthly rent of $2,304.
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 $1,499 to $2,817, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,295. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,995.
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

From Arts to Eats: A Local Insider's 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.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
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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.

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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.

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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.
Articles, How-To's, and Tips

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