Zumper

OFFER:

Move-In Special! : Receive up to 4 weeks free! Now offering 2 weeks free on any available home + an additional 2 weeks look and lease if you apply within 24 hours on our studio #401 or one bedroom #224!* -- *Restrictions apply. Ask our team for details! (valid starting 09/25/2025)

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1 Hour Ago

Highlights

  • Rent Special
  • New Construction
  • Pet Friendly
  • In-home washer and dryer
  • Rooftop deck
  • Open floor plans
  • Modern amenities
  • Stylish finishes
  • Reserved parking options

Location

492 Ne 2nd St, Gresham, OR 97030, USA|Downtown Gresham
Hi! Let’s figure out if this property is right for you.

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Contact

Management

Cloudten Residential

Leasing office

(971) 274-3655

Open today 

9:00 am–5:00 pm PT

Property Overview

Arts Plaza receives a strong Zumper Expert Rating of 8.7 out of 10, highlighting its competitive pricing, modern amenities, and prime location with a rating of 9. The property features in-home laundry, a rooftop deck, and a fitness center, while its transparency and trustworthiness are reflected in an 8 out of 10 rating for management. Pros include proximity to highly rated schools and numerous grocery and pet services, making it an attractive option for those seeking a vibrant lifestyle.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, Arts Plaza is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arts Plaza has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • High school nearby
  • More space

Great for

  • Pet owners
  • Wellness

Floor plans

STUDIOStudio1 bath442+ sqft$1,395–$1,450 /mo3 units available
1BED 1BA1 bed1 bath575+ sqft$1,565–$1,710 /mo5 units available
2BED 1BA2 bed1 bath895 sqft$2,050–$2,305 /mo
LW 2BED 2BA2 bed2 bath774 sqft$2,200–$2,255 /mo
2BED 2BA2 bed2 bath892 sqft$2,225–$2,405 /mo
3BED 2BA3 bed2 bath1,174 sqft$2,610–$2,660 /mo

Let's explore this property.

Amenities for Arts Plaza

Apartment Amenities

Air ConditioningOversized Windows
Roller ShadesSubway Tile Backsplash
Upgraded Kitchen CabinetryWindow Coverings

Appliances

Electric RangeIn-Unit Laundry
Stainless Steel AppliancesWasher and Dryer

Building

Cats OKClubhouse
Dogs OKElevator
EV ChargingFitness Center
Interior HallwaysOnsite Coffee Shop
Residents LoungeRoof Deck
Rooftop Deck with City Views

Grounds

Assigned ParkingBarbecue/Picnic Area
Outdoor Space

Services

On-Site Management
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

Dog policy

Allowed 
Limit2
Deposit$200
Monthly Rent$40

Cat policy

Allowed 
Limit2
Deposit$200
Monthly Rent$40

We welcome 2 pets per apartment home. There is a $300 pet deposit. Pet rent is $40 each per month. Aggressive breeds are prohibited.

Building details

Property details

Year built2024
Units97
Lease terms6–16 months
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About Arts Plaza

HomeApartments in GreshamDowntown Gresham Arts Plaza

Discover the perfect blend of contemporary living and cultural charm at Arts Plaza Apartments in downtown Gresham. Our thoughtfully designed live-work spaces, studio, one, two, and three-bedroom apartment homes feature modern amenities and stylish finishes, creating a comfortable and inspiring living experience. Enjoy the convenience of reserved parking options, an in-home washer and dryer, and open floor plans with the flexibility to design your ideal retreat. Take in stunning views of Mt. Hood from our rooftop deck, the perfect place to unwind or gather with friends. Start your mornings or settle in for a productive afternoon at the on-site Autumn Coffee Roasting cafe, featuring inviting spaces to work or connect. Stay active in our resident gym, complete with Peloton bikes, making fitness a seamless part of your routine. Live in a brand-new apartment home and immerse yourself in a lifestyle with the lively Gresham Arts Plaza Park just outside your door. Imagine picking out your favorite fresh produce at the Gresham Farmers’ Market on Saturdays and jamming to the sounds of live music during "Music Mondays." At Arts Plaza Apartments, you'll find a home that inspires you every day.


Year Built: 2024

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.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, Arts Plaza is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Arts Plaza has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Arts Plaza
Price·9A 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.
Arts Plaza stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
Arts Plaza stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Arts Plaza 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Arts Plaza to provide reasonable accomodations and accurate details about its community.
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.

Reviews from the web

Showing 4 highest rated

Beautiful new building, exciting to see it open

Shane Boland

Shane Boland

Oct 25, 2024

Really nice, brand new location in downtown Gresham, within walking distance of all the amenities and nightlife. Management is good about working with residents. There were new building issues and my move in date changed, but they made it up to me with a free month!

Paul

Paul

Nov 19, 2024

We’re sharing just 4 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Arts Plaza is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 7 pet hospitals in the area
  • 5 pet grooming services nearby
  • 12 pet supply stores near the property

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • 7 farmers markets or health food stores nearby
  • There are 15 grocery stores within 1 mile

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 Arts Plaza compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
High school nearby
There is a high school 1 mile away
More space
The 3-bedroom is 72 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address

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Rent trends in Downtown Gresham

Studio apartments at Arts Plaza cost about 43% more than the average rent price for studios in Downtown Gresham.

1-bedroom apartments here are priced 7% higher than 1-bedrooms in Downtown Gresham.

If you decide to upgrade your space, you can expect 2-bedrooms at Arts Plaza to be 15% more than the average for similarly sized apartments in Downtown Gresham.

3-bedroom apartments at Arts Plaza cost about 35% more than the average rent price for 3-bedroom apartments in Downtown Gresham.

Median rents as of Sep 27 2025.
Downtown Gresham
Gresham
A table of studio rental data trends in Gresham
MonthMedian Rent
October 2023$1,353
November 2023$1,318
December 2023$1,227
January 2024$1,268
February 2024$1,200
March 2024$1,197
April 2024$1,247
May 2024$1,468
June 2024$1,220
July 2024$1,184
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$1,098
A table of studio rental data trends in Downtown Gresham
MonthMedian Rent
September 2024$950
October 2024$950
November 2024$950
December 2024$975
January 2025$975

Affordability calculator

Can I afford to live at 492 Ne 2nd St?

Bedrooms

Rent-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

$55,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this studio monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.

Schools near Arts Plaza

East Gresham Elementary School

900 se 5th st

gresham, OR, 97080

K-5Public
C+
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Internet available near Arts Plaza

Getting around Gresham near 492 Ne 2nd 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

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 492 Ne 2nd St, Gresham

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Few or no bars within walking distance

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