Gresham-Gresham Butte renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Gresham-Gresham Butte is about $1,128 per month. This puts it in the 10th percentile compared to the city average cost of rent, which is $1,351. Households in Gresham-Gresham Butte have a median income of $10,046 per month so the average renter in Gresham-Gresham Butte is spending roughly 11% of their earnings on housing.
Nationally, and in Gresham-Gresham Butte, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gresham-Gresham Butte is $427,293 right now, which is higher than nearby neighborhoods, meaning that rents in Gresham-Gresham Butte also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Gresham-Gresham Butte while lower rent rates are often available in northeastern areas.
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