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

 

Gresham-Northeast, Gresham, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gresham-Northeast area can be challenging. Home prices in Gresham-Northeast are now at a median cost of $401,834, lower than the Gresham average of $442,409.

The average cost of rent is $1,708/mo in Gresham-Northeast, primarily driven by the current value of real estate in the Gresham-Northeast area. In Gresham-Northeast, 59.46% of households rent, and 29.03% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gresham-Northeast is $4,298 per month. Households that rent pay about 39.74% of their income on rent here. Gresham-Northeast’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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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