
Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Gresham.


Aldercrest Apartments

Gresham Station

Keystone East

Glendoveer Woods Apartments

D Street Salal Apartments

Rockwood Village Apartments

Crofton Apartments
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.

Vine Maple

Firwood Station

Alder Village

17452 SE Powell Blvd

seaside01

Windsor Court Apartments

Windsor Manor Apartments

Alder Royal Apartments
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.

Rockwood Landing

Rosewood Plaza

Burlwood Apartments

Burnside Manor

Rockwood Park Apartments

The Alexis Apartments

Fir Haven Mobile Home Park

Evergreen Gardens
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.

Spring Villa Apartments

Jennifer Anne Apartments

The Bria Apartments

Central East Apartments

Wynne Watts Commons

seaside02

Rose Apartments

Greenview Village
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.

Emerald Park Apartments

Ascot Place Apartments
Centennial, Gresham, OR Local Guide

How much does it cost to rent an apartment in Centennial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centennial Studio Apartments | $1,149 | $915 | $1,464 |
| Centennial 1 Bedroom Apartments | $1,432 | $985 | $2,854 |
| Centennial 2 Bedroom Apartments | $1,617 | $1,095 | $2,475 |
| Centennial 3 Bedroom Apartments | $2,091 | $1,395 | $4,066 |
| Centennial 4 Bedroom Apartments | $3,640 | $1,995 | $5,060 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Gresham, OR.
See all Apartments in GreshamExplore Gresham
Centennial, Gresham, OR Local Guide
- Nearby Gresham neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Centennial Apartments for Rent
 The cheapest available apartment rental in the Centennial area of Portland, OR is a Studio unit found at Keystone East priced from $915. Glendoveer Woods Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $959. Here are the most affordable Centennial apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Keystone East | You didn't know what you were missing until you... | Studio,1BA | $915 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $959 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $995 |
| Crofton Apartments | 2BD/1BTH | 2BR,1BA | $1,000 |
| Wynne Watts Commons | Studio | Studio,1BA | $1,050 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $1,095 |
| Windsor Court Apartments | 1 Bedroom | 1BR,1BA | $1,099 |
| Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $1,100 |
| Windsor Manor Apartments | 2 Bedroom, 1 Bath sm | 2BR,1BA | $1,100 |
| The Nash | 1 x 1 | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Centennial, OR
As of March 09, 2026 the best value apartment in the Centennial area is the $1.02 price per square foot 3BD/2.5BTH Model at Cedar Tree in the in the East Portland neighborhood starting from $1,999. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Tree | 3BD/2.5BTH | 3BR,2.5BA | $1.02 |
| Terracina Vista | Three Bedroom | 3BR,2BA | $1.29 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $1.15 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| S815 - Star Apartments | 2x1 Flats | 2BR,1BA | $1.40 |
| Windsor Manor Apartments | 2 Bedroom, 1 Bath sm | 2BR,1BA | $1.29 |
| Brentwood Apartments | 1BD, 1BTH | 1BR,1BA | $1.41 |
| Crofton Apartments | 2BD/1BTH | 2BR,1BA | $1.29 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $1.42 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleCentennial, Gresham, OR
Ranked #2
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Centennial, Gresham, OR
Lynch Meadows Elementary School
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 the Cheapest Studio apartment in Centennial?
Currently the most affordable Cheap Studio Apartment in Centennial is at Keystone East listed at $915.
How much is rent for a Cheap One Bedroom Centennial Apartment?
The lowest price for a Cheap One Bedroom Centennial Apartment is $995 at Rockwood Village Apartments.
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 $1,000 at Crofton Apartments.
What is the most affordable Centennial Three Bedroom Apartment?
The best deal on a cheap Centennial Three Bedroom Apartment rental is at Terracina Vista and starts from $1,440.
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.
Helpful Local Expert Guides

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.