Photo: Royalbroil · CC BY-SA 3.0Renting in Gresham: a two-bedroom costs about $1,020
Gresham is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Only 1 sale in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What stands out about housing in Gresham
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 $1,020
Renters already here pay a median of $800, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Shawano County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Low tax bills, but a high tax rate
The median bill is $1,682, under the Wisconsin median of $3,792, because homes cost less. As a share of value it’s 1.64% a year, against 1.42% 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 vs. its neighbors
Of the 1 towns here with a Zillow value, Gresham has the lowest. Herman has no Zillow value, so it is in the table only.
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 | – | $268K | $103K | 1.64% | $1,020 |
| Herman | – | — | $175K | 1.17% | $990 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents). “—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Gresham
How much is rent in Gresham?
HUD puts a two-bedroom at about $1,020 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $800 (Census 2020–24).
What are property taxes in Gresham?
The median bill is $1,682 a year, 1.64% of the median home value (Wisconsin: $3,792, 1.42%), 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.