MyNeighborhood

Can you afford to live in Gresham?

Median household income, home values and rent in Gresham, OR — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Gresham.

Median household income: $73,608 — +56.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,508/mo — +65.5% since 2015

Median home value, 2015 to 2023

  • 2015: 210500
  • 2023: 440000

Median household income

  • Gresham: 73608
  • Multnomah County: 86247
  • OR: 80426
  • U.S.: 78538

Median gross rent

  • Gresham: 1508
  • Multnomah County: 1582
  • OR: 1450
  • U.S.: 1348

Share of income a typical renter spends on rent: 36.0% — U.S.: 30.2%

What it means

The typical household here earns $73,608 — slightly lower than the national figure of $78,538.

The typical renter here spends 36.0% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+65.5% versus +56.8%), before adjusting for inflation.

Sources

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