Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Gresham-City Central area can be challenging. Home prices in Gresham-City Central are now at a median cost of $386,911, lower than the Gresham average of $442,409.
The average cost of rent is $1,566/mo in Gresham-City Central, primarily driven by the current value of real estate in the Gresham-City Central area. In Gresham-City Central, 70.61% of households rent, and 17.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gresham-City Central is $5,267 per month. Households that rent pay about 29.72% of their income on rent here. Gresham-City Central’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Gresham-Northwest, Gresham, OR: higher priced homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- Gresham-North Central, Gresham, OR: higher priced homes
- Gresham-Mt. Hood, Gresham, OR: less expensive homes
- Gresham-Northeast, Gresham, OR: equally priced homes
- Gresham-Southwest, Gresham, OR: higher priced homes
- Gresham-Kelly Creek, Gresham, OR: higher priced homes
- Gresham-Rockwood, Gresham, OR: equally priced homes
- Gresham-North Gresham, Gresham, OR: less expensive homes
- Centennial, Portland, OR: equally priced homes
Neighborhoods with Similar Populations
- Greenwood and Hamilton, Trenton, NJ: less expensive homes
- Roundhill, Roanoke, VA: less expensive homes
- Prospect-Shields, Fort Collins, CO: higher priced homes
- Miller Creek, Missoula, MT: higher priced homes
- Lynn Lane, Tulsa, OK: less expensive homes
- 65th Street West, Little Rock, AR: less expensive homes
- Lower East, Santa Barbara, CA: higher priced homes
- Keeney, Manchester, CT: less expensive homes
- Jefferson Park, Charlottesville, VA: higher priced homes
- Hollydale, South Gate, CA: higher priced homes
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