Arts Plaza
492 NE 2nd St,
Gresham, OR 97030
Studio - 3 Beds | $1,395 - $2,485
Rental Market Trends in Gresham, OR
What is the average rent in Gresham, OR?
$1,365/month
Average Rent
670 Sq Ft
Average Apartment Size
+0.6%
Increase in the Last Year
As of March 2025, the average rent in Gresham, OR is $1,365 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Gresham rent prices are 12% lower than the national average. When you rent an apartment in Gresham, you can expect to pay about $1,278 per month for a studio, $1,365 for a one-bedroom apartment, and around $1,573 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,072 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Gresham, OR?
In the past year, rent has increased by 0.6%, which averages out to $9 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Gresham, OR
Last Updated March 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
15%
$700 - $1,000/month
39%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Gresham?
Based on current rent prices, Gresham-Centennial, Holly Brook and Kelly Creek are the most affordable neighborhoods in Gresham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Gresham?
Based on current rent prices, Downtown Gresham, Gresham-North Central and Gresham-Northwest are the most expensive neighborhoods in Gresham.
Neighborhood
Average Rent
Average Sq Ft
Which Gresham neighborhoods have the most rentals available?
The neighborhoods in Gresham with the most apartments available are Gresham-North Central, Downtown Gresham and Gresham-Northwest .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Gresham, OR?
Because the average rent in Gresham is $1,365, you’ll want to make about $4,550 per month or $54,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Gresham, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Gresham, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,314/month
One Bedroom
$1,276/month
$1,382/month
Two Bedroom
$1,496/month
$1,540/month
Three Bedroom
$1,804/month
$1,829/month
Nearby City Rent Trends
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Property Management Companies in Gresham, OR
Avenue5 Residential
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515
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113,754
Units
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205
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13 Communities in Gresham
Affinity Property Management
-
50
Communities
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6,052
Units
-
20
Cities
5 Communities in Gresham
FPI Management
-
610
Communities
-
105,239
Units
-
214
Cities
4 Communities in Gresham
Tokola Properties
-
12
Communities
-
1,873
Units
-
11
Cities
4 Communities in Gresham
Princeton Property Management
-
19
Communities
-
1,715
Units
-
7
Cities
4 Communities in Gresham
Greystar
-
3,219
Communities
-
893,540
Units
-
827
Cities
3 Communities in Gresham
CloudTen Residential
-
33
Communities
-
4,038
Units
-
14
Cities
3 Communities in Gresham
Investment Property Group
-
14
Communities
-
2,627
Units
-
11
Cities
3 Communities in Gresham
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.