Most Affordable Neighborhoods in Gresham - 2026 Data
The median home value in Gresham is $411,700, 46% above nat'l avg. Median rent is $719/month. With an affordability index of 89, Gresham is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Gresham, OR area.
Key Takeaways: Affordability in Gresham
- 1The most affordable neighborhood in Gresham is Independence, with a median home value of $302,300.
- 2Gresham's median home value is $411,700, 46% above nat'l avg (national: $281,900).
- 3Gresham's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Gresham is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Gresham to find the most affordable areas based on home values, rent, and affordability index.
Gresham Affordability Overview
Median Home Value
$411,700
46% above nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$69,437
7% below nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Gresham (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | IndependenceOR | $302,300 |
| 2 | TualatinOR | $548,900 |
| 3 | MonmouthOR | $343,900 |
| 4 | SilvertonOR | $406,000 |
| 5 | TigardOR | $525,100 |
| 6 | Lake OswegoOR | $825,000 |
| 7 | CorneliusOR | $379,400 |
| 8 | SandyOR | $435,100 |
| 9 | SpringfieldOR | $293,200 |
| 10 | OntarioOR | $174,900 |
| 11 | CorvallisOR | $436,000 |
| 12 | AlbanyOR | $321,600 |
| 13 | NewportOR | $373,400 |
| 14 | HillsboroOR | $452,300 |
| 15 | West LinnOR | $677,500 |