
Cheap Homes for Rent in Centennial Neighborhood of Gresham, OR from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Centennial area of Gresham.


2665 SE 162nd Ave

200 SW Florence Ave, Unit F1

209 NE 148th Ave

5 NE 220th Ave

16818 SE Market St

162 NW 15th St

213 NE 148th Ave

2637 SE 162nd Ave
Centennial, Gresham, OR Local Guide

How much does it cost to rent a home in Centennial?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Centennial 2 Bedroom Homes for Rent | $1,717 | $1,495 | $1,995 |
Centennial 3 Bedroom Homes for Rent | $2,412 | $1,895 | $3,000 |
Centennial 4 Bedroom Homes for Rent | $3,028 | $2,495 | $3,300 |
Centennial 5 Bedroom Homes for Rent | $3,496 | $3,398 | $3,595 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Gresham, OR.
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Centennial, Gresham, OR Local Guide
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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 |
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 |
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.
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
School data provided by Great Schools
Frequently Asked Questions about Centennial
What type of rentals are currently available in Centennial?
There are currently 360 Apartments for Rent in Centennial, OR with pricing that ranges from $950 to $3,325. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial ranging from $1,095 to $4,500.
What is the current price range for Rental Homes in Centennial?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Centennial ranges from $1,095 to $4,500 with an average monthly rent of $2,432.
How much are larger Three and Four Bedroom Rentals in Centennial?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Centennial range from $1,750 to $3,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,447.
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.