Home Price Key
Affordable
Average
Expensive
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 $341,820, higher than the Gresham average of $331,762.
The average cost of rent is $1,504/mo in Gresham-Mt. Hood, primarily driven by the current value of real estate in the Gresham-Mt. Hood area. While nearly 55.50% of residents own their homes outright in Gresham-Mt. Hood, 56.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gresham-Mt. Hood is $4,705 per month. Households that rent pay about 31.96% of their income on rent here. Gresham-Mt. Hood's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- Gresham-Kelly Creek, Gresham, OR: higher priced homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- Gresham-City Central, Gresham, OR: equally priced homes
- Gresham-Northeast, Gresham, OR: less expensive homes
- Gresham-Northwest, Gresham, OR: equally priced homes
- Gresham-North Central, Gresham, OR: equally priced homes
- Gresham-Southwest, Gresham, OR: equally priced homes
- Gresham-Rockwood, Gresham, OR: less expensive homes
- Gresham-North Gresham, Gresham, OR: less expensive homes
- Centennial, Portland, OR: less expensive homes
Neighborhoods with Similar Populations
- Fairfax, Colorado Springs, CO: equally priced homes
- Wenonah, Minneapolis, MN: less expensive homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- West Park, Canton, OH: less expensive homes
- Glenwood Meadows, Sacramento, CA: less expensive 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: less expensive homes
- Far North Dallas-Carrollton, Carrollton, TX: less expensive homes
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