Gresham, OR Rental Market Trends
Highlights
The average rent for an apartment in Gresham is $1,312, a 3% increase compared to the previous year.
Average Rent in Gresham, OR
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,312 | 3% | 881 sq. ft. |
The average size for a Gresham, OR apartment is 881 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,0006%
- $1,001-$1,50080%
- $1,501-$2,00013%
- > $2,0002%
Gresham, OR Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
13,416 or 34% of the households in Gresham, OR are renter-occupied while 25,865 or 65% are owner-occupied.
Gresham, OR Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gresham, OR | $1,196 | $1,174 | $1,202 | $1,215 | $1,208 | $1,238 | $1,275 | $1,279 | $1,297 | $1,312 |
| National | $1,351 | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 | $1,473 |
Average Rent in Gresham, OR By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Rockwood | $1,156 |
| North Gresham | $1,219 |
| East Centennial | $1,268 |
| Southwest Gresham | $1,290 |
| Persimmon Country Club | $1,290 |
| Mount Hood | $1,290 |
| Kelly Creek | $1,290 |
| Gresham Butte | $1,290 |
| Asert | $1,290 |
| Powell Valley | $1,318 |
| Hollybrook | $1,318 |
| Northwest Gresham | $1,332 |
| Northeast Gresham | $1,332 |
| North Central Gresham | $1,332 |
| Central Gresham City | $1,332 |
The most affordable neighborhoods in Gresham are Rockwood, where the average rent goes for $1,156/month, North Gresham, where renters pay $1,219/mo on average, and East Centennial, where the average rent goes for $1,268/mo. If you’re looking for other great deals, check out the listings from Asert ($1,290), Gresham Butte ($1,290), and Kelly Creek ($1,290), where the asking prices are below the average Gresham rent of $1,312/mo.
The most expensive neighborhoods in Gresham are North Central Gresham ($1,332), Northeast Gresham ($1,332) and Northwest Gresham ($1,332).
The most popular neighborhood in Gresham is North Central Gresham, where there are 5 verified RENTCafé listings with an average rent of $1,332. Next up is Northwest Gresham, where apartments go for $1,332/month, followed by Rockwood with $1,156 If you’re looking to rent in Gresham’s most popular neighborhoods, make sure to also check out Mount Hood, where renters pay $1,290 on average, and Northeast Gresham, where the average monthly rent is $1,332.
Gresham | Rent Comparison by Neighborhood
Rent in Asert is 3% lower than in Central Gresham City
Asert rent is 2% lower than Gresham average
| Average Rent | $1,290 |
|---|
Central Gresham City rent is 2% higher than Gresham average
| Average Rent | $1,332 |
|---|
How Gresham Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Portland | $1,536 | 3% |
| Vancouver | $1,325 | 2% |
| Beaverton | $1,413 | 6% |
| Hillsboro | $1,578 | 6% |
| Eugene | $1,353 | 2% |
| Gresham | $1,312 | 3% |
| Salem | $1,054 | 3% |
| Oregon City | $1,332 | 1% |
| Happy Valley | $1,429 | 3% |
| Fairview | $1,400 | 1% |
| Washougal | $1,476 | -5% |
For more information about the Gresham rental trends, check out our monthly rent report
Check out Oregon Cities, Oregon Neighborhoods and Oregon Zip Codes for more details on verified listings, including the Oregon Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!