Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (163 Rentals)

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

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, Unit G11

200 SW Florence Ave
GreshamOR97080
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Alta Civic Station
Rent Specials
$1,384 - $2,958
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $2,958
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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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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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Eleven Pines
$1,524 - $2,498
Total Monthly Price

Total Monthly Price

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$1,524 - $2,498
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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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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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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

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

Gresham Station

1003 NW Shattuck WayGresham, OR 97030
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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

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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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
  • Utilities Included
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Vista Highlands
2 to 3 Bedroom Apartments

Vista Highlands

4849 SW 11th StGresham, OR 97080
  • Utilities Included

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 4

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 1 Bed unit found at Rockwood Village Apartments priced from $995. Crofton Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$995
Crofton Apartments2BD/1BTH2BR,1BA$1,000
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,050
Glendoveer Woods ApartmentsSpacious Studio NO Washer & DryerStudio,1BA$1,088
seaside021BR/1.0BA1BR,1BA$1,095
The Nash1 x 11BR,1BA$1,099
The ZimmerStudioStudio,1BA$1,149
Vine Maple1BR 1Bath1BR,1BA$1,150
Brentwood Apartments1BD, 1BTH1BR,1BA$1,195
Firwood Station2 Bed 1 Bath2BR,1BA$1,195

Best Value Apartments for Rent in Centennial, OR

As of April 23, 2026 the best value apartment in the Centennial area is the $1.18 price per square foot 3BD/3BTH Model at Cedar Tree in the in the East Portland neighborhood starting from $1,950. The second greatest value Centennial apartment is the Three Bedroom Model at Terracina Vista starting at $1,440 with a $1.29 price per square foot in the East Portland 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.
Cedar Tree3BD/3BTH3BR,3BA$1.18
Terracina VistaThree Bedroom3BR,2BA$1.29
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Firwood Station2 Bed 1 Bath2BR,1BA$1.21
Red Rose Manor2BR2B2BR,2BA$1.45
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Brentwood Apartments1BD, 1BTH1BR,1BA$1.41
Crofton Apartments2BD/1BTH2BR,1BA$1.29
Rockwood Village Apartments1 Bedroom x 1 Bathroom1BR,1BA$1.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Centennial, Gresham, OR

Ranked #2

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 $1,195.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is Rockwood Village Apartments which is listed at $995, while the average apartment in Centennial costs $4,107.

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 36 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 $454 which is $3,653 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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