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Average Rent in Gresham, OR

Home  »  OR  »  Gresham

Current Versus Historical Gresham, OR Rents

Gresham rentals average $948 for a studio rental to $2,295 for a 3-bedroom rental. The median price of all currently available listings is $1,450, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $236 (-19.93%) year-over-year from $1,183 to $948. 1-bedroom rentals prices have decreased by $123 (-9.28%) year-over-year from $1,322 to $1,199. 2-bedroom rentals prices have increased by $48 (3.17%) year-over-year from $1,502 to $1,550. 3-bedroom rentals prices have increased by $205 (9.79%) year-over-year from $2,095 to $2,300. 4-bedroom rentals prices have decreased by $420 (-13.57%) year-over-year from $3,095 to $2,675. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 15.09% this month. 1-bedroom rents have gone down by 2.70% this month. 2-bedroom rents have gone up by 0.27% this month. 3-bedroom rents have gone up by 5.50% this month. 4-bedroom rents have gone down by 3.83% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.93 $948 $1,183 (-19.93%) $1,079 (-12.15%)
1 BR $2.12 $1,199 $1,322 (-9.28%) $1,161 (3.27%)
2 BR $1.63 $1,550 $1,502 (3.17%) $1,379 (12.39%)
3 BR $1.73 $2,300 $2,095 (9.79%) $1,824 (26.08%)

Historical Rents in Gresham, OR

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Gresham

There are a total of 1 cities nearby Gresham. The average rent in Gresham is currently $1,595 per month. Our records show that Vancouver, WA, with an average rent of $1,595, is the most affordable city nearby. In contrast, the most expensive city near Gresham, OR is Vancouver, WA. Monthly rents here are on average $1,595 per month.

Let's compare Gresham, OR's rent against other top cities nearby by bedroom size. Typically, rent for studios in Gresham, OR is 30.61% more affordable than other cities nearby. One bedrooms are about 16.74% more affordable. Two bedrooms in Gresham, OR are about 3.68% more affordable. Finally, rent for three bedrooms are about 5.34% more expensive. Want more information? Check out the top 1 cities near Gresham, OR in the following chart.
City Studio 1 Bed 2 Bed All
Vancouver, WA $1,238 $1,395 $1,550 $1,595

Top Neighborhoods Near Gresham



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Gresham

The average rent for rentals in these counties is $1,495. That's roughly around $2 per sqft. The county that is the most affordable is Multnomah, OR. It's average rent per month is $1,495. Vice versa, with an average rent of $1,495, Multnomah, OR is the most expensive county by Gresham, OR.

Typically, rent for studios in Gresham, OR is 21.37% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Gresham, OR is 13.60% more affordable than other counties nearby. Finally, rent for two bedrooms in Gresham, OR is 8.70% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Multnomah, OR $1,150 $1,358 $1,625 $1,495

Top Zipcodes Near Gresham

There are a total of 2 zipcodes in or near Gresham, OR. The average rent for all of these zipcodes is $1,473.

The following chart includes the top 2 zipcodes in Gresham, OR. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
98661, Vancouver, WA N/A $1,198 $1,550 $1,595
97233, Portland, OR $1,010 $1,150 $1,350 $1,350

Frequently Asked Questions - Gresham Average Rents

What is the average rent price in Gresham, OR?
The average monthly rental price for Gresham, OR apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Gresham, OR rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Gresham, OR.
How much is a studio apartment in Gresham, OR?
The average monthly rental price for studio apartments is $948 and an average price per square feet of $2.93. There are a total of 4 studio apartment listings currently available for rent in Gresham.
How much is a one bedroom apartment in Gresham, OR?
The average monthly rental price for one bedroom apartments is $1,195 and an average price per square feet of $2.12. There are a total of 16 one bedroom apartment listings currently available for rent in Gresham.
How much is a two bedroom apartment in Gresham, OR?
The average monthly rental price for two bedroom apartments is $1,495 and an average price per square feet of $1.63. There are a total of 37 two bedroom apartment listings currently available for rent in Gresham.
How have rent prices in Gresham, OR changed this year?
Rent prices for rentals in Gresham, OR can fluctuate yearly. Specifically, studio rental prices have changed by -0.20%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Gresham, OR?
A reasonable rent price in Gresham, OR is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.
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