The Most Affordable Neighborhoods in Gresham-North Central, Gresham, OR by Home Value

 

Gresham-North Central, Gresham, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gresham-North Central area can be challenging. Home prices in Gresham-North Central are now at a median cost of $437,236, lower than the Gresham average of $442,409.

The average cost of rent is $1,743/mo in Gresham-North Central, primarily driven by the current value of real estate in the Gresham-North Central area. In Gresham-North Central, 56.28% of households rent, and 31.16% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gresham-North Central is $6,816 per month. Households that rent pay about 25.57% of their income on rent here. Gresham-North Central’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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