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501 NE 3rd St. has a strong Zumper expert rating and stands out for its practical appeal and well-rounded features. It is noted for its appealing qualities, with multiple positives contributing to its overall value.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,150 /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: $1150 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 Community Guidelines Link https rarebirdproperties com rules-of-residency Application Process https rarebirdproperties com application-process-outside-portland Contact us at **** or (503) 360-9623 RareBird Property Management |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 3 |
|---|
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: $1150 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 Community Guidelines Link https rarebirdproperties com rules-of-residency Application Process https rarebirdproperties com application-process-outside-portland Contact us at **** or (503) 360-9623 RareBird Property Management
How 501 NE 3rd St. compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 501 NE 3rd St. cost about 12% less than the average rent price for 1-bedroom apartments in Downtown Gresham.
| Month | Median Rent |
|---|---|
| July 2024 | $1,183 |
| August 2024 | $1,237 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2024 | $950 |
| October 2024 | $950 |
| November 2024 | $950 |
| December 2024 | $975 |
| January 2025 | $975 |
| November 2025 | $1,275 |
Can I afford to live at 501 Ne 3rd St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$46,000/yr
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