Gresham, OR Rental Market Trends

Highlights

The average rent for an apartment in Gresham is $1,216, a 5% increase compared to the previous year, when the average rent was $1,158.

Average Rent in Gresham, OR

Last updated Jun 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,216 5% 851 sq. ft.

The average size for a Gresham, OR apartment is 851 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Gresham, OR Apartment Rent Ranges

  • $701-$1,00016%
  • $1,001-$1,50076%
  • $1,501-$2,0007%
  • > $2,0001%

Gresham, OR Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jun / 2019
Gresham, OR $1,044 $1,098 $1,128 $1,119 $1,147 $1,158 $1,162 $1,162 $1,216
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Gresham, OR By Neighborhood

The most affordable neighborhoods in Gresham are Rockwood, where the average rent goes for $1,124/month, North Gresham, where renters pay $1,192/mo on average, and East Centennial, where the average rent goes for $1,227/mo. If you’re looking for other great deals, check out the listings from Asert ($1,234), Gresham Butte ($1,234), and Kelly Creek ($1,234), where the asking prices are below the average Gresham rent of $1,216/mo.

The most expensive neighborhoods in Gresham are North Central Gresham ($1,292), Northeast Gresham ($1,292) and Northwest Gresham ($1,292).

Gresham | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Asert is 4% lower than in Central Gresham City

$1,234

Asert rent is 1% higher than Gresham average

Average Rent $1,234
$1,292

Central Gresham City rent is 6% higher than Gresham average

Average Rent $1,292

How Does Gresham Compare to Nearby Cities

Average Rent Y-o-Y Change
Portland $1,476 4%
Gresham $1,216 5%
Fairview $1,385 -4%
Troutdale $1,229 3%
Maywood Park $976 3%
Wood Village $1,229 3%

For more information about the Gresham rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Gresham apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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