Housing costs in Gresham?
A typical home costs
$500,200, which is 47.9% more expensive than the national average of
$338,100 and 6.8% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Gresham costs
$1,800 per month, which is 18.4% more than the national average of
$1,520 and 2.2% cheaper than the state average of
$1,840.
Can I afford Gresham?
To live comfortably in Gresham (zip 97080), Oregon, a minimum annual income of
$95,760 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Gresham?
The cost of living in 97080 Gresham, OR is relatively low compared to other areas in the US. The median home price in Gresham is $272,900, which is much lower than the national median home price of $231,200. Rent for a one-bedroom apartment costs an average of $1,120 per month. Utility and transportation costs are also relatively low; the local electricity rate averages around 6 cents per kWh and gasoline prices usually range from three to four dollars per gallon. Overall, living in 97080 Gresham provides a great quality of life at an affordable cost.