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Expensive
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These days, finding an affordable place to live in the Gresham-Mt. Hood area can be challenging. Home prices in Gresham-Mt. Hood are now at a median cost of $262,489, lower than the Gresham average of $442,409.
The average cost of rent is $1,601/mo in Gresham-Mt. Hood, primarily driven by the current value of real estate in the Gresham-Mt. Hood area. In Gresham-Mt. Hood, 49.15% of households rent, and 51.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gresham-Mt. Hood is $7,445 per month. Households that rent pay about 21.51% of their income on rent here. Gresham-Mt. Hood’s most expensive areas are in the southeastern 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-Kelly Creek, Gresham, OR: higher priced homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- Gresham-City Central, Gresham, OR: higher priced homes
- Gresham-Northeast, Gresham, OR: higher priced homes
- Gresham-Northwest, Gresham, OR: higher priced homes
- Gresham-North Central, Gresham, OR: higher priced homes
- Gresham-Southwest, Gresham, OR: higher priced homes
- Gresham-Rockwood, Gresham, OR: higher priced homes
- Gresham-North Gresham, Gresham, OR: equally priced homes
- Centennial, Portland, OR: higher priced homes
Neighborhoods with Similar Populations
- Fairfax, Colorado Springs, CO: higher priced homes
- Wenonah, Minneapolis, MN: higher priced homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- West Park, Canton, OH: less expensive homes
- Glenwood Meadows, Sacramento, CA: higher priced homes
- Ginter Park, Richmond, VA: higher priced homes
- Garrison, Owings Mills, MD: higher priced homes
- Fruitdale, Wheat Ridge, CO: higher priced homes
- Florida Shores, Edgewater, FL: equally priced homes
- Far North Dallas-Carrollton, Carrollton, TX: higher priced homes
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