Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Gresham-Northwest area can be challenging. Home prices in Gresham-Northwest are now at a median cost of $452,124, higher than the Gresham average of $442,409.
The average cost of rent is $1,498/mo in Gresham-Northwest, primarily driven by the current value of real estate in the Gresham-Northwest area. In Gresham-Northwest, 53.29% of households rent, and 24.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gresham-Northwest is $5,920 per month. Households that rent pay about 25.30% of their income on rent here. Gresham-Northwest’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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-North Central, Gresham, OR: equally priced homes
- Gresham-City Central, Gresham, OR: less expensive homes
- Gresham-Southwest, Gresham, OR: equally priced homes
- Gresham-Rockwood, Gresham, OR: less expensive homes
- Gresham-Gresham Butte, Gresham, OR: higher priced homes
- Centennial, Portland, OR: less expensive homes
- Gresham-North Gresham, Gresham, OR: less expensive homes
- Gresham-Northeast, Gresham, OR: less expensive homes
- Gresham-Mt. Hood, Gresham, OR: less expensive homes
- Gresham-Kelly Creek, Gresham, OR: higher priced homes
Neighborhoods with Similar Populations
- Woodstone, San Antonio, TX: less expensive homes
- Brighton, Syracuse, NY: less expensive homes
- Butts Station, Chesapeake, VA: higher priced homes
- Charleston, Bremerton, WA: equally priced homes
- Vineyards, Naples, FL: higher priced homes
- College Heights, Wellesley, MA: higher priced homes
- South Alum Creek, Columbus, OH: less expensive homes
- Highlands Park, Renton, WA: higher priced homes
- Rum Village, South Bend, IN: less expensive homes
- Roscoe Village, Chicago, IL: higher priced homes
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