Apartments for Rent in Gresham-Northeast, Gresham, OR

Gresham-Northeast, Gresham apartment availability

Gresham-Northeast's rental market offers a good selection of listings, with an average of about 29 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Many of these apartments are pet-friendly, with over 56% allowing small dogs, small pets, or having pet-friendly restrictions in place. This makes Gresham-Northeast a great option for renters with furry friends. With its varied housing stock and accommodating pet policies, Gresham-Northeast is worth considering for those looking for a rental in the Gresham area.

Gresham-Northeast, Gresham rental market trends

The Gresham-Northeast neighborhood in Gresham saw a modest 3% increase in average monthly rent last year, reaching $1,551. 1-bedrooms averaged $1,327 per month, with a slight 0.6% annual increase, while 2-bedrooms rented for approximately $1,508, with a minimal 0.3% increase. The average rent for a 3-bedroom was around $2,104, reflecting a 1.7% decrease from the previous year.

Rents in Gresham-Northeast tend to peak in October, with a 4% increase compared to December, the month with the lowest average rent. If you're looking for a new apartment, expect more competition during the fall season. Conversely, winter months like December may offer a slightly more relaxed rental market, with lower prices and fewer renters competing for available units. Keep in mind that studio apartments are no longer available in this neighborhood, as their average rent dropped to $0 in 2023.

Why Gresham-Northeast, Gresham is a great place to live

Gresham-Northeast is a top choice for renters prioritizing social living. According to 2024 data, the neighborhood's walk score, transit frequency, and street infrastructure make it an ideal spot for getting around and meeting up with friends. Additionally, the neighborhood's age distribution and safety features contribute to its social atmosphere, creating a welcoming environment for residents to connect with one another. With these factors combined, Gresham-Northeast stands out as a prime location for those seeking a vibrant and connected community.