Cost of Living in Gresham, Oregon
In Gresham, the median household income is $77,795 and the median gross rent is $1,586/mo, with a median home value of $458,700. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $77,795
- Median gross rent
- $1,586/mo
- Median home value
- $458,700
- Population
- 112,378
How Gresham compares to the Oregon average
| Measure | Gresham, OR | Oregon statewide | Difference |
|---|---|---|---|
| Median household income | $77,795 | $83,011 | -6.3% |
| Median gross rent (monthly) | $1,586 | $1,525 | +4.0% |
| Median home value | $458,700 | $477,600 | -4.0% |
Statewide, Oregon prices average 103.4 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Gresham
- Salary needed for median rent
- $63,440
- Rent burden at median income
- 24.5%
- Est. affordable home price
- $283,791
So that $1,586/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Gresham is $458,700 — +61.6% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Oregon cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.