Updated 5 Hours Ago
Highlights
- Large soaking tub
- Storage/closet space
- On street parking
- Full size appliances
Location
501 Ne 3rd St, Gresham, OR 97030, USA|Downtown Gresham
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Property Overview
501 NE 3rd St. offers strong value with an overall Zumper Expert Rating of 8.4, supported by an excellent price rating, solid amenities, and a highly convenient location. Notable features include a large soaking tub, full-size appliances, storage and closet space, and on-street parking, while nearby schools and strong value-for-money standing add to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- High school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,025 /mo | 1 unit available | APPLY HERE: https myrentalapplication com index rarebirdpm SRG7E SCHEDULE A SHOWING HERE: https showmojo com l 72cfaff053 This charming one-bedroom, upstairs apartment unit is coming available soon in a gorgeous craftsman located in the downtown neighborhood of Gresham! This apartment features comfy carpet in the living space and bedroom to keep warm and cozy on cold days and plenty of storage/closet space throughout. Enjoy a kitchen space with full size appliances and don't forget the bathroom's large soaking clawfoot tub! Shared coin-op washer/dryer are on site for tenants and also garden-beds for anyone with a green-thumb. Central location that is a short distance from all sorts of local shops, eateries, farmers markets, and restaurants: the Gresham Town Fair is right around the corner and it's just a short drive to the grocery stores on Burnside Rd and Division St. The great outdoors of nearby parks include both Main City Park with the Gresham Japanese Garden and Red Sunset Park. Both the Trimet max Blue Line station and several Trimet bus stops are close by for transportation ease! *All listing details are deemed to be reliable but not guaranteed. Information is subject to change without notice.* Walk Score: 92! Bike Score: 77! Rent: $1,025.00 Application Fee: $60 Security Deposit: Full Month Utilities included: tenant to pay all utilities Accessible Dwelling Unit: No Parking: On street Pets: yes, see criteria Available: 7/1/2026 Nearby Schools: West Gresham Elementary School Center for Advanced Learning Gresham Highschool Screening Criteria Link https rarebirdproperties com resident-screening Income requirement is 2.5x the monthly rent Application Process https rarebirdproperties com application-process-outside-portland Contact us at **** or (503) 360-9623 RareBird Property Management |
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Amenities for 501 NE 3rd St.
Apartment Amenities
| Utilities Included |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 3 |
|---|
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About 501 NE 3rd St.
APPLY HERE: https myrentalapplication com index rarebirdpm SRG7E SCHEDULE A SHOWING HERE: https showmojo com l 72cfaff053 This charming one-bedroom, upstairs apartment unit is coming available soon in a gorgeous craftsman located in the downtown neighborhood of Gresham! This apartment features comfy carpet in the living space and bedroom to keep warm and cozy on cold days and plenty of storage/closet space throughout. Enjoy a kitchen space with full size appliances and don't forget the bathroom's large soaking clawfoot tub! Shared coin-op washer/dryer are on site for tenants and also garden-beds for anyone with a green-thumb. Central location that is a short distance from all sorts of local shops, eateries, farmers markets, and restaurants: the Gresham Town Fair is right around the corner and it's just a short drive to the grocery stores on Burnside Rd and Division St. The great outdoors of nearby parks include both Main City Park with the Gresham Japanese Garden and Red Sunset Park. Both the Trimet max Blue Line station and several Trimet bus stops are close by for transportation ease! *All listing details are deemed to be reliable but not guaranteed. Information is subject to change without notice.* Walk Score: 92! Bike Score: 77! Rent: $1,025.00 Application Fee: $60 Security Deposit: Full Month Utilities included: tenant to pay all utilities Accessible Dwelling Unit: No Parking: On street Pets: yes, see criteria Available: 7/1/2026 Nearby Schools: West Gresham Elementary School Center for Advanced Learning Gresham Highschool Screening Criteria Link https rarebirdproperties com resident-screening Income requirement is 2.5x the monthly rent Application Process https rarebirdproperties com application-process-outside-portland Contact us at **** or (503) 360-9623 RareBird Property Management
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 501 NE 3rd St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 501 NE 3rd St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
501 NE 3rd St. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 501 NE 3rd St. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
501 NE 3rd St. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 501 NE 3rd St. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 501 NE 3rd St. compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.5 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downtown Gresham
1-bedroom apartments at 501 NE 3rd St. cost about 19% less than the average rent price for 1-bedroom apartments in Downtown Gresham.
Median rents as of Aug 8 2026.
Downtown Gresham
Gresham
| Month | Median Rent |
|---|---|
| August 2024 | $1,275 |
| September 2024 | $1,157 |
| October 2024 | $1,025 |
| November 2024 | $1,069 |
| December 2024 | $1,086 |
| January 2025 | $1,066 |
| February 2025 | $1,052 |
| March 2025 | $1,085 |
| April 2025 | $1,112 |
| May 2025 | $1,105 |
| June 2025 | $1,092 |
| July 2025 | $1,160 |
| August 2025 | $1,083 |
| September 2025 | $1,097 |
| October 2025 | $1,187 |
| November 2025 | $1,152 |
| December 2025 | $1,198 |
| January 2026 | $1,151 |
| February 2026 | $1,143 |
| March 2026 | $1,155 |
| April 2026 | $1,143 |
| May 2026 | $1,146 |
| June 2026 | $1,111 |
| July 2026 | $1,102 |
| August 2026 | $1,168 |
| Month | Median Rent |
|---|---|
| September 2024 | $950 |
| October 2024 | $950 |
| November 2024 | $950 |
| December 2024 | $975 |
| January 2025 | $975 |
| November 2025 | $1,275 |
Affordability calculator
Can I afford to live at 501 Ne 3rd St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 1-bedroom monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
Schools near 501 NE 3rd St.
East Gresham Elementary School
900 se 5th st
gresham, OR, 97080
K-5Public
C+
The Creeks
2470 sw halsey
troutdale, OR, 97060
K-12Public
Wheatley School
14030 ne sacramento st
portland, OR, 97230
K-12Public
Beatrice Morrow Cannady Elementary School
18031 se vogel rd
damascus, OR, 97089
K-5Public
B+
Camas Connect Academy
841 ne 22nd ave
camas, WA, 98607
K-12Public
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Internet available near 501 NE 3rd St.
Neighborhood
Downtown Gresham | Gresham, OR
Getting around Gresham near 501 Ne 3rd St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 501 Ne 3rd St, Gresham
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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