Performance indicators for the Gresham short-term rental market based on reliable data.
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The highest-performing listings in Gresham.
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Generally Investor friendly
STRs are explicitly permitted citywide with clear, two-tier licensing (Hosted $175/yr; Vacation Home $375/yr), straightforward online application, and good neighbor requirements. Vacation home rentals require city inspection and neighbors within 100 ft are notified, adding moderate permitting effort, while occupancy and parking rules (e.g., 2 guests/bedroom + 2 and parking per bedroom) impose operational constraints. No caps were identified, and the city provides supportive program materials.
Local STR Agent
STR specialist · Gresham, OR
Gresham is a city in Multnomah County, Oregon, situated in the eastern outskirts of the Portland metropolitan area. With a population of approximately 115,000, it is the fourth-largest city in the state and carries a distinctly suburban character blended with a revitalizing historic downtown. Gresham functions as a convenient gateway to some of Oregon's most iconic outdoor destinations, including the slopes of Mount Hood and the waterfalls of the Columbia River Gorge, while remaining only about 12 miles east of downtown Portland along Interstate 84.
For travelers and outdoor enthusiasts, Mount Hood National Forest is the marquee attraction within easy reach of Gresham. Roughly 30 to 45 minutes to the east, the forest surrounds Oregon's tallest peak and offers year-round recreation, from summer hiking on the Timberline Trail to winter skiing at the historic Timberline Lodge. Its proximity makes Gresham a practical base for visitors who want to combine city amenities with alpine adventure.
A short drive east on Interstate 84 leads to the Columbia River Gorge, a dramatic canyon that marks the border between Oregon and Washington. Within about 30 minutes of Gresham, travelers can reach iconic viewpoints and trailheads along this National Scenic Area, including Multnomah Falls, one of the tallest year-round waterfalls in the United States. The Gorge is a popular destination for hiking, windsurfing, and scenic drives, drawing visitors from around the world.
Closer to town, Powell Butte Nature Park offers a more accessible outdoor experience just a few minutes west of Gresham. This expansive city park in Portland features more than nine miles of trails through meadows, forest, and volcanic terrain, with panoramic views of Mount Hood, Mount St. Helens, Mount Adams, and Mount Rainier on clear days. It is well suited for families, casual hikers, and nature lovers who want open space without a long drive.
Downtown Portland itself is about 20 to 25 minutes west of Gresham, giving short-term rental guests easy access to the city's renowned food scene, breweries, museums, and waterfront. The combination of suburban comfort, quick freeway connections, and proximity to both urban attractions and Pacific Northwest wilderness makes Gresham a flexible and appealing base for visitors exploring the greater Portland region.