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Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Gresham.
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Rent Specials
$950 - $1,365Studio to 1 Bedroom Apartments Available Now
Keystone East Apartment Homes
620-646 SE 174th AvePortland, OR 97233
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$985 - $1,5001 to 2 Bedroom Apartments Contact Us For Availability
Sunshine Meadows
17101 SE Division StPortland, OR 97233
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$995 - $1,050Studio Apartments Available Now
Alder Royal Apartments
16124 SE Alder StPortland, OR 97233
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$995 - $2,4471 to 4 Bedroom Apartments Available Now
Rockwood Village Apartments
783 SE 185th AvePortland, OR 97233
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Showing Results 1-16, Page 1 of 1
Centennial, Gresham, OR Local Guide
SkatePark in Main City Park, Gresham by Flickr User: SkateOregon is licensed under CC BY 2.0
How much does it cost to rent an apartment in Centennial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centennial Studio Apartments | $1,149 | $950 | $1,496 |
| Centennial 1 Bedroom Apartments | $1,424 | $985 | $2,572 |
| Centennial 2 Bedroom Apartments | $1,659 | $1,130 | $2,326 |
| Centennial 3 Bedroom Apartments | $2,132 | $1,750 | $3,325 |
| Centennial 4 Bedroom Apartments | $2,447 | $2,447 | $2,447 |
Browse Apartments in this Neighborhood
There are currently 16 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
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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 Apartment Homes priced from $950. seaside01 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Keystone East Apartment Homes | Sm | Studio,1BA | $950 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $995 |
| Alder Royal Apartments | 0BR/1.0BA | Studio,1BA | $995 |
| seaside02 | 1BR/1.0BA | 1BR,1BA | $995 |
| The Aurora | 1X1 | 1BR,1BA | $1,034 |
Best Value Apartments for Rent in Centennial, OR
As of October 23, 2025 the best value apartment in the Centennial area is the $1.50 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $1,995. The second greatest value Centennial apartment is the 2 Bedroom 2 Bath Model at Trailside starting at $1,575 with a $1.47 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 | 2 Bedroom | 2BR,1BA | $1.50 |
| Trailside | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Maple Meadows | 2BR/1.0BA | 2BR,1BA | $1.48 |
| Queens Commons | 2x1 | 2BR,1BA | $1.52 |
| Rockwood Village Apartments | 2 Bedroom x 1 Bathroom | 2BR,1BA | $1.33 |
| Sherman Villa | 2BR | 2BR,2BA | $1.53 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Treecrest 162nd | 2BR/1.0BA | 2BR,1BA | $1.53 |
| seaside02 | 1BR/1.0BA | 1BR,1BA | $1.33 |
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Pet Friendly LifestyleCentennial, Gresham, OR
Ranked #4
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
Centennial School District 28j
Public School - Grades K-5 (311)
6 out of 10
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 $1,099.
What is the price of a cheap apartment in Centennial?
The cheapest apartment in Centennial is seaside01 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 43 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 $908 which is $1,539 cheaper than the average rent for all rentals in Centennial.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.