The Most and Least Expensive Areas to Rent in Gresham-Mt. Hood, Gresham, OR

Gresham-Mt. Hood 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.

 

Gresham-Mt. Hood, Gresham, OR of rent costs by neighborhood
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Rental Price Key

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Mid-tier
Most affordable

On average, the cost of rent in Gresham-Mt. Hood is about $1,504 per month. This puts it in the 57th percentile compared to the city average cost of rent, which is $1,351. Households in Gresham-Mt. Hood have a median income of $4,705 per month so the average renter in Gresham-Mt. Hood is spending roughly 32% of their earnings on housing.

Nationally, and in Gresham-Mt. Hood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Gresham-Mt. Hood is $341,820 right now, which is lower than nearby neighborhoods, meaning that rents in Gresham-Mt. Hood also tend to be lower versus these nearby neighborhoods.

Higher rent prices are common in the northwestern parts of Gresham-Mt. Hood while lower rent rates are often available in eastern areas.

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