Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (27 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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Aldercrest Apartments
1 to 2 Bedroom Apartments

Aldercrest Apartments

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

Gresham Station

1003 NW Shattuck WayGresham, OR 97030
  • Utilities Included

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Rockwood Landing
2 to 4 Bedroom Apartments

Rockwood Landing

19045 SE Yamhill StPortland, OR 97233
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Rosewood Plaza
Studio Apartments

Rosewood Plaza

18173 NE Couch StPortland, OR 97230
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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
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The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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Mayfield Court Apartments
1 to 2 Bedroom Apartments

Mayfield Court Apartments

17675 SE Pine StPortland, OR 97233
Senior Living
  • Utilities Included

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Evergreen Gardens
2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
  • Utilities Included
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Rose Apartments
1 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233

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

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 The Bria Apartments priced from $999. D Street Salal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
D Street Salal ApartmentsSTUDIOStudio,1BA$1,050
Wynne Watts CommonsStudioStudio,1BA$1,050
Glendoveer Woods ApartmentsI.R. Studio NO W/D-ALL UTILITIES INCLUDEDStudio,1BA$1,089
Eastside Village Apartments1BR/1.0BA1BR,1BA$1,100
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,100
The Zimmer0BR/1.0BAStudio,1BA$1,124
Vine Maple1BR 1Bath1BR,1BA$1,150
Windsor Court Apartments1 Bedroom1BR,1BA$1,159
The Aurora1X11BR,1BA$1,185

Best Value Apartments for Rent in Centennial, OR

As of May 01, 2025 the best value apartment in the Centennial area is the $1.44 price per square foot 3x1.5 town Model at Rockrose Apartments-266-8723Y in the in the East Portland neighborhood starting from $1,895. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rockrose Apartments-266-8723Y3x1.5 town3BR,1.5BA$1.44
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Sherman Villa2BR2BR,2BA$1.45
1855 SE 162nd Ave, Unit 18551855 SE 162nd Ave2BR,1BA$1.58
Brentwood Apartments2BD, 1BTH A2BR,1BA$1.58
The Jamico-NC-312-S2x12BR,1BA$1.60
Vine Maple1BR 1Bath1BR,1BA$1.60

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 #3

Among neighborhoods in Gresham, OR 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 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 $1,185.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is The Bria Apartments which is listed at $999, while the average apartment in Centennial costs $2,826.

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 30 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 $409 which is $2,417 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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.