Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (176 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Centennial area of Gresham.

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Alta Civic Station
Rent Specials
$1,381 - $2,485
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$1,381 - $2,485

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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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Aspire Trailmark
Rent Specials
$1,411 - $1,636
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$1,411 - $1,636

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2 Bedroom Apartments Available Now

Aspire Trailmark

700 SW Eastman PkyGresham, OR 97080
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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Avana Powell Valley
$1,455 - $3,128
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$1,455 - $3,128

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1 to 3 Bedroom Apartments Available Now

Avana Powell Valley

1500 SW Pleasant View DrGresham, OR 97080
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Twelve Mile Crossing
Rent Specials
$1,499 - $2,250
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$1,499 - $2,250

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$1,499 - $2,250
1 to 3 Bedroom Apartments Available Now

Twelve Mile Crossing

588 SE 217th AveGresham, OR 97030
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Eleven Pines
$1,509 - $2,099
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$1,509 - $2,099

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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Springwater Crossing
Rent Specials
$1,579 - $2,519
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$1,579 - $2,519

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1 to 3 Bedroom Apartments Available Now

Springwater Crossing

1132 NW Birdsdale AveGresham, OR 97030
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

21900 SE Alder DrGresham, OR 97030
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Gresham Station
Studio to 2 Bedroom Apartments

Gresham Station

1003 NW Shattuck WayGresham, OR 97030
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Eastwood Estates
1 to 2 Bedroom Apartments

Eastwood Estates

19109-19123 SE Yamhill StGresham, OR 97233
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Pinewood Station
1 to 2 Bedroom Apartments

Pinewood Station

16300-16400 E Burnside StGresham, OR 97233
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Parkside Manor
Studio to 3 Bedroom Apartments

Parkside Manor

17439 SE Stark StGresham, OR 97030

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Wes
1 to 3 Bedroom Apartments

The Wes

234 NW 1st StGresham, OR 97030
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Douglas Grove
1 to 2 Bedroom Apartments

Douglas Grove

20220 NE Glisan StGresham, OR 97030
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Vista Highlands
2 to 3 Bedroom Apartments

Vista Highlands

4849 SW 11th StGresham, OR 97080
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Centennial, Gresham, OR Local Guide

Cheapest Available Centennial Apartments for Rent

 

The cheapest available apartment rental in the Centennial area of Portland, OR is a 2 Beds unit found at Rockwood Landing priced from $785. The Aurora has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rockwood Landing2X1- 40% LIHTC2BR,1BA$785
The Aurora1X11BR,1BA$1,034
Keystone East0BR/1.0BAStudio,1BA$1,040
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$1,044
Eastwood Estates1 Beds, 1 Baths1BR,1BA$1,095
Ascot Firs1BR/1.0BA1BR,1BA$1,095
Elaine Station Apartments1BR/1.0BA1BR,1BA$1,095
Vine Maple1BR 1Bath1BR,1BA$1,150
The Davenport1x1 Standard1BR,1BA$1,159
Ascot 146 Apartments1 bed 1 bath1BR,1BA$1,175

Best Value Apartments for Rent in Centennial, OR

As of July 23, 2026 the best value apartment in the Centennial area is the $1.47 price per square foot 2 Bedroom 2 Bath Model at Trailside in the in the East Portland neighborhood starting from $1,575. The second greatest value Centennial apartment is the 2 Bedroom, 2 Bath Model at East Park Place Apartments starting at $1,450 with a $1.38 price per square foot in the Wilkes neighborhood. Here is today’s list of the best values for Centennial apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Maple Meadows Apartments2BR/1.0BA2BR,1BA$1.35
Township Eastside2x2 Classic2BR,2BA$1.36
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Rockwood Village Apartments2 Bedroom x 1 Bathroom2BR,1BA$1.33
Red Rose Manor2BR2B2BR,2BA$1.45
Sherman Villa2BR2BR,2BA$1.42
Rockwood Landing2X1- 40% LIHTC2BR,1BA$0.86
Elaine Station Apartments1BR/1.0BA1BR,1BA$1.29

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Centennial, Gresham, OR

Ranked #7

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Oregon including Centennial, Gresham, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Centennial Apartments

What is the Cheapest Studio apartment in Centennial?

Currently the most affordable Cheap Studio Apartment in Centennial is at Keystone East listed at $1,040.

How much is rent for a Cheap One Bedroom Centennial Apartment?

The lowest price for a Cheap One Bedroom Centennial Apartment is $1,034 at The Aurora.

What is the lowest price for a Cheap Two Bedroom Centennial Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Centennial is starting from $785 at Rockwood Landing.

What is the most affordable Centennial Three Bedroom Apartment?

The best deal on a cheap Centennial Three Bedroom Apartment rental is at Eastside Village Apartments and starts from $1,545.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Rent According to Income: A Look at Income-Restricted Rentals

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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