Apartments for Rent in Downtown Gresham, Gresham, OR

Downtown Gresham, Gresham apartment availability

Downtown Gresham's rental market offers a good selection of listings, with an average of 46 rentals available each month. The majority of rentals are 2-bedroom apartments, followed closely by 1-bedroom and 3-bedroom options. Many of these apartments offer popular amenities, including in-unit laundry, which is available in about 75% of rentals. Additionally, the neighborhood is pet-friendly, with over 74% of apartments allowing small pets or having pet-friendly restrictions. This makes Downtown Gresham a great option for renters with pets or those looking for convenient laundry facilities.

Downtown Gresham, Gresham rental market trends

Downtown Gresham's rental market experienced a significant increase of 7.2% last year, with the average monthly rent reaching $1,720. Breaking it down by bed count, 1-bedrooms averaged $1,579 per month, a notable 8.4% annual increase. The average rent for 2-bedrooms was $1,867, while 3-bedrooms saw a substantial 29.9% increase to $2,094. Studios, however, experienced a dramatic 58.1% decrease to $1,102.

The rental market in Downtown Gresham tends to peak in the fall, with October typically seeing the highest rent prices, 16.7% higher than April, the month with the lowest rent. This trend suggests that renters may find better deals during the spring months. While the data doesn't reveal a clear pattern in terms of competition, understanding these seasonal fluctuations can help renters navigate the market and find the best fit for their needs and budget.

Why Downtown Gresham, Gresham is a great place to live

Downtown Gresham is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents. Our analysis of local amenities and attractions reveals that this area excels in two key areas: pet friendliness and social life.

For pet owners, Downtown Gresham offers a haven of convenience and comfort. The presence of pet waste stations, pet supply stores, and designated pet spaces in homes ensures a hassle-free experience. Additionally, outdoor spaces, pet-safe windows, and the absence of breed restrictions make it an ideal location for pet lovers. The neighborhood even hosts pet events, further solidifying its pet-friendly reputation.

For those who value an active social life, Downtown Gresham's infrastructure and community dynamics make it an excellent choice. Frequent transit options, well-designed street infrastructure, and a balanced neighborhood age distribution contribute to a vibrant atmosphere. A high walk score and emphasis on safety also make it easy to explore local attractions and connect with others.