Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (165 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
$1,302 - $2,239
Total Monthly Price

Total Monthly Price

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$1,302 - $2,239
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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property at 200 SW Florence Ave

$1,365

Total Monthly Price

Total Monthly Price

Base Rent
$1,365
Total Monthly Price
$1,365

1 Bedroom, 1 Bath Condo for Rent

Available Now

200 SW Florence Ave, Unit G11

200 SW Florence Ave
GreshamOR97080
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Avana Powell Valley
Rent Specials
$1,423 - $3,379
Total Monthly Price

Total Monthly Price

Base Rent
$1,423 - $3,379
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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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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.

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Aspire Trailmark
Rent Specials
$1,493 - $1,662
Total Monthly Price

Total Monthly Price

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$1,493 - $1,662
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2 Bedroom Apartments Available Now

Aspire Trailmark

700 SW Eastman PkyGresham, OR 97080
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Springwater Crossing
Rent Specials
$1,514 - $2,671
Total Monthly Price

Total Monthly Price

Base Rent
$1,514 - $2,671
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1 to 3 Bedroom Apartments Available Now

Springwater Crossing

1132 NW Birdsdale AveGresham, OR 97030
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Eleven Pines
$1,525 - $1,911
Total Monthly Price

Total Monthly Price

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$1,525 - $1,911
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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Twelve Mile Crossing
Rent Specials
$1,540 - $2,305
Total Monthly Price

Total Monthly Price

Base Rent
$1,540 - $2,305
Total Monthly Price
$1,540 - $2,305
1 to 3 Bedroom Apartments Available Now

Twelve Mile Crossing

588 SE 217th AveGresham, OR 97030
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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
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Douglas Grove
1 to 2 Bedroom Apartments

Douglas Grove

20220 NE Glisan StGresham, OR 97030
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The Wes
1 to 3 Bedroom Apartments

The Wes

234 NW 1st StGresham, OR 97030
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Trailside
1 to 3 Bedroom Apartments

Trailside

4850 SW 11th StGresham, OR 97080
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Vista Highlands
2 to 3 Bedroom Apartments

Vista Highlands

4849 SW 11th StGresham, OR 97080
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 17139 SE Salmon St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

Studio, 1.5 Bath Home for Rent

Available Now

17139 SE Salmon St

PortlandOR97233

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. seaside02 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rockwood Landing2X1- 40% LIHTC2BR,1BA$785
seaside021BR/1.0BA1BR,1BA$995
Alder Royal Apartments1BR/1.0BA1BR,1BA$1,050
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,088
Eastwood Estates1 Beds, 1 Baths1BR,1BA$1,095
Stark Street Villa1BR/1.0BA1BR,1BA$1,100
Arbor Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,125
seaside011BR/1.0BA1BR,1BA$1,150
Griffin Court1BR/1.0BA1BR,1BA$1,150
Vine Maple1BR 1Bath1BR,1BA$1,150

Best Value Apartments for Rent in Centennial, OR

As of June 08, 2026 the best value apartment in the Centennial area is the $1.24 price per square foot 3 Bedroom x 2 Bathroom Model at Rockwood Village Apartments in the in the East Portland neighborhood starting from $1,595. 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.
Rockwood Village Apartments3 Bedroom x 2 Bathroom3BR,2BA$1.24
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Windsor Court Apartments2 Bedroom Loft2BR,2BA$1.40
Maple Meadows Apartments2BR/1.0BA2BR,1BA$1.40
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Red Rose Manor2BR2B2BR,2BA$1.45
Sherman Villa2BR2BR,2BA$1.42
Rockwood Landing2X1- 40% LIHTC2BR,1BA$0.86
Greenview Village2BR/1.0BA2BR,1BA$1.43
seaside011BR/1.0BA1BR,1BA$1.35

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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Quick Rent Budget Calculator

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 #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Centennial, Gresham, OR

School data provided by Great Schools

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 a cheap apartment in Centennial?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Centennial is under $1,150.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is seaside02 which is listed at $995, while the average apartment in Centennial costs $2,447.

What types of apartments are the cheapest in Centennial?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Centennial that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Centennial?

Cheap apartments in Centennial have an average cost of $1,423 which is $1,024 cheaper than the average rent for all rentals in Centennial.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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