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City Report · OR

Gresham

Pop. 112,378·47th most expensive in Oregon·Rental market data updated monthly for Gresham, OR
Median rent (all units)
$1,632/mo
Year-over-Year
+2.5%
Month-over-Month
+1.0%
vs US Median
-$333
Rising (Monthly)
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Most AffordableMost Expensive
Gresham · $1,632
More affordable than 67% of US cities · National median $1,965/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Gresham's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,632/mo
Expected by trend
$1,756/mo
The Rent Reality Score compares today's median rent to where Gresham's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,685
2 BR
$1,925
3 BR
$2,640
4 BR+
$3,100
Research median
$1,925/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,584/yr
At $1,632/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +1.0% MoM), not inventory.
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Demographics

Who lives here

Gresham, OR is majority owner-occupied, 23.3% of residents hold a bachelor's degree or higher.

Population
112,378
Median income
$77,795
Median age
37
Renters
44.2%
Age distribution
22.7%
24.1%
25.5%
12.6%
15.1%
Under 1822.7%
18–3424.1%
35–5425.5%
55–6412.6%
65+15.1%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
65.1%
21.1%
White65.1%
Black4.9%
Hispanic21.1%
Asian5.8%
Other3.1%
Education (25+)
12.3%
27.4%
37%
23.3%
No HS diploma12.3%
HS diploma27.4%
Some college37%
Bachelor's+23.3%
Housing tenure
55.8%
44.2%
Owner55.8%
Renter44.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Gresham, OR has changed in 5 years

Rent
$1,336 → $1,632
up 22.2%
Income
$61,826 → $77,795
up 25.8%
Population
114,164 → 112,378
down 1.6%
Renter share
44.1% → 44.2%
+0.1 pts
Bachelor's+
23.3% → 23.3%
+0.0 pts

Since 2021, the typical rent in Gresham, OR has increased from $1,336 to $1,632, a 22.2% change over five years. Household income in the area moved from $61,826 to $77,795 across the same window, up 25.8% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 1.6% since 2021, moving from about 114,164 residents to roughly 112,378. Reading these numbers side by side helps frame whether current listings in Gresham, OR look reasonable against where the market sat half a decade ago.

Community

Discussions about Gresham

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View Gresham rent history (2015–2026) →
Salary vs rent

Can you afford rent in Gresham on your salary?

At $1,632/mo, how Gresham rent compares to typical pay (30% rule).

By apartment size

Gresham rent by bedroom count

Median rent for each apartment size in Gresham. Click any size for full breakdown.

Local insights

Tips for renters in Gresham

About renting in Gresham, OR

Last updated: July 20, 2026

The median rent in Gresham is $1,632/mo as of July 2026. A studio apartment averages $1,570/mo while a 2-bedroom runs $1,925/mo. One-bedroom apartments average $1,685/mo and 3-bedroom units go for $2,640/mo.

At 25% of local median household income ($77,795/yr), Gresham ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

Is Gresham an affordable city for renters?

Gresham is considered affordable for renters. At $1,632/mo, rent takes approximately 25% of the local median household income ($77,795/yr). The standard benchmark is 30%. Gresham falls comfortably within that range.

How much income do you need to rent in Gresham?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,632/mo in Gresham. The local median household income is $77,795/yr, meaning the typical Gresham household meets that threshold.

Is rent going up or down in Gresham?

Rent in Gresham has increased 2.5% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Gresham neighborhoods have the lowest rent?

The most affordable ZIP codes in Gresham are 97030 ($1,650/mo), and 97080 ($1,674/mo). Citywide, the median rent in Gresham is $1,632/mo.

How does Gresham rent compare to other cities in Oregon?

Gresham is one of the more affordable cities in Oregon for rent, ranking #47 out of 65 tracked cities at $1,632/mo.

Which nearby cities are cheaper to rent in than Gresham?

Wood Village is nearby and more affordable at $1,626/mo, which is $6 less than Gresham.

What percentage of Gresham residents rent vs. own?

According to Census data, approximately 44.2% of Gresham households are renters, while 55.8% are owner-occupied. Gresham leans toward homeownership, which can mean a smaller rental inventory.

How does Gresham rent compare to the national average?

Gresham's median rent of $1,632/mo is $333 (17%) below the US national median of $1,965/mo. Within Oregon, it ranks #47 out of 65 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,632/mo, rent takes ~25% of Gresham's median household income ($77,795/yr). The standard benchmark is 30%.

Gresham 25%Benchmark 30%
State income tax4.75–9.9%
Run the Gresham affordability calculator →
Lowest-rent ZIP codes in Gresham
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gresham, OR

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