12 Hours Ago
Location
530 Ne 5th St, Gresham, OR 97030, USA|Downtown Gresham
Tour 530 Ne 5th St
Contact
Chroma Property Management
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Amenities for 530 Ne 5th St, Downtown Gresham
Appliances
| In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
Services
| Concierge Service | On-Site Management |
| Package Service |
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.
$2,250
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 530 Ne 5th St
This charming 1940s bungalow offers comfortable single-level living with 2 bedrooms, 1 bathroom, and 816 square feet of thoughtfully updated living space. The home has been tastefully refreshed and features beautiful hardwood flooring, an updated kitchen and bathroom, fresh interior and exterior paint, updated doors and trim, and energy-efficient windows that fill the home with natural light. The property includes both a fenced front yard and a fenced backyard, along with a full-size washer and dryer for added convenience. Ideally located within easy walking distance of Downtown Gresham, you'll have convenient access to local restaurants, coffee shops, boutiques, and everyday shopping. The home is also just minutes from the Gresham Central Max Station and Main City Park, making commuting and recreation equally convenient. Rent: $2,250. Security Deposit: $2,250. One year lease. Optional Resident Benefit Package: $40.95/mo Renter’s Insurance is Required (included with the Resident Benefit Package). Monthly Trash/Recycling Fee: $60 Utilities: Tenant is responsible for water/sewer, trash/recycling, electricity, natural gas, and internet/cable. Pet Policy: No Pets Landscaping provided. The garage is not included with the lease. The backyard included in the lease ends at the fence line. Applications are currently being accepted. Screening Criteria available upon request by phone or email. Screening Criteria Overview: Total verifiable household gross income should be at 2x the monthly rent or more, a credit score of at least 650, good landlord references and pass a criminal background check. Application fee of $55.00 will apply to whomever is the financially responsible party for background check including credit, criminal, and eviction history. Accessible Dwelling Unit: No All Chroma Property Management residents have the option to enroll in the Resident Benefits Package (rbp) for $40.95 per month, per household which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1m Identity Protection, Hvac air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. If you already have renters insurance, that's no problem! We still offer the Residents Benefit Package with all of the same benefits, except renters insurance, for $30 per month, per household. AMENITIES: * Washer and Dryer in Unit * Dishwasher * Fenced yard * Hardwood floors * Refrigerator * Stove and oven * Heat By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Address details
| Neighborhood | Downtown Gresham |
|---|---|
| Zip code | 97030 |
| Type | House for rent |
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Rent trends in Downtown Gresham
2-bedroom apartments at 530 Ne 5th St cost about 42% more than the average rent price for 2-bedroom apartments in Downtown Gresham.
Median rents as of Jun 20 2026.
Downtown Gresham
Gresham
| Month | Median Rent |
|---|---|
| July 2024 | $1,632 |
| August 2024 | $1,600 |
| September 2024 | $1,587 |
| October 2024 | $1,583 |
| November 2024 | $1,557 |
| December 2024 | $1,589 |
| January 2025 | $1,572 |
| February 2025 | $1,565 |
| March 2025 | $1,563 |
| April 2025 | $1,556 |
| May 2025 | $1,542 |
| June 2025 | $1,523 |
| July 2025 | $1,550 |
| August 2025 | $1,542 |
| September 2025 | $1,555 |
| October 2025 | $1,537 |
| November 2025 | $1,523 |
| December 2025 | $1,509 |
| January 2026 | $1,496 |
| February 2026 | $1,496 |
| March 2026 | $1,525 |
| April 2026 | $1,522 |
| May 2026 | $1,530 |
| June 2026 | $1,524 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,703 |
| August 2024 | $1,772 |
| September 2024 | $1,970 |
| October 2024 | $2,036 |
| November 2024 | $1,982 |
| December 2024 | $1,996 |
| January 2025 | $1,995 |
| February 2025 | $1,904 |
| March 2025 | $1,929 |
| April 2025 | $1,967 |
| May 2025 | $1,938 |
| June 2025 | $2,095 |
| July 2025 | $2,063 |
| August 2025 | $1,898 |
| September 2025 | $1,915 |
| October 2025 | $1,915 |
| November 2025 | $1,890 |
| December 2025 | $1,668 |
| January 2026 | $1,632 |
| February 2026 | $1,564 |
| March 2026 | $1,602 |
| April 2026 | $1,618 |
| May 2026 | $1,599 |
| June 2026 | $1,576 |
Affordability calculator
Can I afford to live at 530 Ne 5th St?
Bedrooms
2 bedroomsRent-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
$90,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 2-bedrooms monthly rent price of $2,250.
For more information on rent affordability, visit our rent calculator.
Schools near 530 Ne 5th 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 530 Ne 5th St
Neighborhood
Downtown Gresham | Gresham, OR
Getting around Gresham near 530 Ne 5th 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 530 Ne 5th St, Gresham
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
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
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
9/10
Very 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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