Real Estate Investing in Gresham, Oregon (97030)
Should you buy in 97030 (Gresham, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Gresham, OR (97030)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97030 Gresham
This part of Multnomah County is not an easy win. The 97030 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $440K asset, 97030 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 97030 and stronger Gresham ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 97030 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 97030 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Gresham:
Property Strategy for 97030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $287,283 | $1,930 | 4.8% | +4.3% | $143,641 |
| 3BR | $435,212 | $2,630 | 4.4% | +4.5% | $145,071 |
| 4BR | $498,791 | $3,120 | 4.5% | +4.5% | $124,698 |
| 5BR | $530,463 | — | — | +4.1% | $106,093 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97030 Compare?
| Metric | 97030 | Gresham | Oregon |
|---|---|---|---|
| Home Value | $440,284 | $481,073 | $493,884 |
| 5-Year CAGR | 2.5% | 2.7% | 4.9% |
| Avg Rent | $1,647 | $1,667 | - |
| Cap Rate | 2.9% | 2.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97030 (Gresham, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97030 (Gresham, OR)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Multnomah County
Manage rentals here? List your business →AMS Association Management Services NW provides HOA Management Services. summary from their website
Gateway Property Management offers residential property management services in Portland, OR. summary from their website
Grid Property Management is a Portland-based firm providing full-service management and leasing for residential and industrial properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $440,284 |
| Monthly Rent | $1,647 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +3.1% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97030
Population: 38,471
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97030
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,401 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Gresham, OR?
Average rent in Gresham, OR is approximately $1,647/mo per month. Against $440K home values that yields a reasonable rent-to-price ratio.
What approach is best for Gresham, OR real estate?
The best-fit strategy in Gresham, OR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What kind of market is Gresham, OR for investors?
Our data puts Gresham, OR at 3.0/5 for investability. Home prices of $440K and rents around $1,647/mo create a solid backdrop for investor activity.
Are eviction rules reasonable in Gresham, OR?
For rental operators, Gresham, OR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is vacancy a concern in Gresham, OR?
Expect elevated vacancy in Gresham, OR. Rents at $1,647/mo are absorbed by the tenant base without meaningful lag.
See what 97030 really looks like for investors
You're reading the free snapshot. Unlock appreciation trends, cap rates, vacancy signals, Section 8 data, and full demographics for 97030.
AI Market Advisor
Ask questions about investing in 97030 (Gresham)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97030 (Gresham, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.