Last updated
Average Rent in Gresham 97024 & Rent Trends
Rent prices and market trends across 1 apartment community in Gresham 97024, Gresham, OR. Updated daily.
Market Average
$1,563/mo
Lowest Available
$1,515/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
4
available now
Gresham 97024 vs Gresham, OR Average
Gresham 97024 is cheaper the Gresham, OR average by $80/mo (5%). The citywide average is $1,643/mo across all neighborhoods.
Is Rent Going Up or Down in Gresham 97024?
As of July 2026, the average rent in Gresham 97024 is $1,563 per month across 1 apartment community and 4 available units.
The most affordable option is Meadowlark at Fairview starting at $1,515/mo. By unit type, a 1-bedroom averages $1,563/mo.
Prices range from $1,515 to $1,640 per month. The most common price point is the $1,400 range, where 3 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Gresham 97024
Rent Prices by Apartment in Gresham 97024
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Meadowlark at Fairview | $1,515/mo | $1,563/mo | 4 | 4.9 |
Google Search Trends for Gresham 97024 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Gresham 97024
What is the average rent in Gresham 97024?
Is rent going up or down in Gresham 97024?
What is the cheapest apartment in Gresham 97024?
How much is a 1-bedroom apartment in Gresham 97024?
How many apartments are available in Gresham 97024?
What salary do I need to live comfortably in Gresham 97024?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
Based on the 30 percent rule, using our tracked average rent of $1,563/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,515/mo), you need to earn at least $61,000/year.
Median household income in Gresham 97024 is $73,608 , about 2% below the comfortable-living threshold.
Cost of living in Gresham 97024
Overall prices in Gresham 97024 runs above the national average by about 7% (BEA Regional Price Parity index 106.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Gresham 97024's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,563 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $5,567/mo |
Population
112,818
Median household income
$73,608
Census median rent
$1,508/mo
Rent as % of income
36.0%
Median age
37.2
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Gresham 97024 Apartments
Browse all 1 communities with daily-updated pricing and availability.