Gresham renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Gresham is about $1,475 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,355. Households in Gresham have a median income of $5,161 per month so the average renter in Gresham is spending roughly 29% of their earnings on housing.
Nationally, and in Gresham, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gresham is $376,677 right now, which is lower than cities nearby, meaning that rents in Gresham also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Gresham while lower rent rates are often available in northwestern areas.
Nearby Cities
- Wood Village, OR: less expensive rent prices
- Fairview, OR: less expensive rent prices
- Troutdale, OR: more expensive rent prices
- Damascus, OR: more expensive rent prices
- Happy Valley, OR: more expensive rent prices
- Maywood Park, OR: more expensive rent prices
- Boring, OR: more expensive rent prices
- Cottrell, OR: less expensive rent prices
- Camas, WA: more expensive rent prices
- Clackamas, OR: less expensive rent prices
Cities with Similar Populations
- Bend, OR: more expensive rent prices
- Provo, UT: more expensive rent prices
- Ventura, CA: more expensive rent prices
- Westminster, CO: more expensive rent prices
- Santa Fe, NM: less expensive rent prices
- West Jordan, UT: more expensive rent prices
- Manchester, NH: less expensive rent prices
- Cambridge, MA: more expensive rent prices
- Rock Hill, SC: less expensive rent prices
- Keller, TX: more expensive rent prices
All Local Stats
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