Clem's Opera House · Photo: Smallbones · CC0Renting in Gresham: a two-bedroom costs about $960
Gresham is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Only 0 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
Why Gresham isn’t graded
The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.
A two-bedroom rents for about $960
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Seward County, NE HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Nebraska norm
The median bill is $657 (Nebraska: $3,549), 0.92% of a home’s value a year, against 1.49% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Gresham and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Gresham | – | $242K | $71K | 0.92% | $960 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Gresham
How much is rent in Gresham?
HUD puts a two-bedroom at about $960 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $725 (Census 2020–24).
What are property taxes in Gresham?
The median bill is $657 a year, 0.92% of the median home value (Nebraska: $3,549, 1.49%), from the Census 2020–24.
Why doesn’t Gresham have a cost of living grade?
Gresham is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Gresham buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.