salaryGresham is the 4th-largest city in Oregon that we track, with 112,378 residents. Rent is higher than in 54% of U.S. cities. A typical house costs about 5.5 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $69,440 a year. That is $33 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 38 of 105 cities from cheapest to most expensive.
How much do households earn in Gresham?
Share of households by yearly income. 26.7% of households earn $100,000 or more.
Rent by apartment size in Gresham
| Size | Gresham | U.S. average |
|---|---|---|
| Studio | $1,493 | $1,338 |
| 1 bedroom | $1,476 | $1,324 |
| 2 bedrooms | $1,686 | $1,509 |
| 3 bedrooms | $2,146 | $1,698 |
| 4 bedrooms | $2,304 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gresham overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gresham, so the Oregon figure is shown.
Taxes and bills in Gresham
Life in Gresham
Is it cheaper to rent or buy in Gresham?
Renting is cheaper right now: about $1,447 a month less.
Owning assumes a typical $458,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,870 for the down payment.
Frequently asked questions
What is the average rent in Gresham, OR?
Renting in Gresham costs a median of about $1,736 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Gresham?
To keep rent under 30% of income, you need about $69,440 a year, or $33 an hour at a full-time job.
Is Gresham cheap or expensive?
Gresham is rated OK: rent takes 24.8% of the typical household income of $83,902. It ranks 38th cheapest of 105 Oregon cities we track.
How much are property taxes in Gresham?
The median homeowner in Gresham pays $4,174 a year in property taxes, about 0.91% of the median home value.
Is Gresham more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Gresham?
The median home value in Gresham is $458,700, about 5.5 times the typical yearly household income.
112,378 people live in Gresham. Numbers are typical (middle) values.