
Cheap Homes for Rent in Centennial Neighborhood of Gresham, OR from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Centennial area of Gresham.


19115 SE Yamhill St

17139 SE Salmon St

17139 SE Salmon St

2629 SE 145th Ave
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.

2633 SE 145th Ave

16964 SE Stark St

200 SW Florence Ave, Unit G11

18411 E Burnside St

18245 E Burnside St, Unit 111
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.

16540 NE Glisan St
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 | $1,728 | $1,395 | $2,295 |
| Centennial 3 Bedroom Homes for Rent | $2,501 | $1,650 | $2,899 |
| Centennial 4 Bedroom Homes for Rent | $3,240 | $2,795 | $3,995 |
| Centennial 7 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Gresham, OR.
Explore Gresham
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 2 Beds unit found at Rockwood Landing priced from $785. seaside02 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 |
|---|---|---|---|
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $785 |
| seaside02 | 1BR/1.0BA | 1BR,1BA | $995 |
| Alder Royal Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $1,088 |
| Eastwood Estates | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Centennial, OR
As of June 08, 2026 the best value apartment in the Centennial area is the $1.24 price per square foot 3 Bedroom x 2 Bathroom Model at Rockwood Village Apartments in the in the East Portland neighborhood starting from $1,595. The second greatest value Centennial apartment is the 2 Bedroom, 2 Bath Model at East Park Place Apartments starting at $1,450 with a $1.38 price per square foot in the Wilkes 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. |
|---|---|---|---|
| Rockwood Village Apartments | 3 Bedroom x 2 Bathroom | 3BR,2BA | $1.24 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Windsor Court Apartments | 2 Bedroom Loft | 2BR,2BA | $1.40 |
| Maple Meadows Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Firwood Station | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Red Rose Manor | 2BR2B | 2BR,2BA | $1.45 |
| Sherman Villa | 2BR | 2BR,2BA | $1.42 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $0.86 |
| Greenview Village | 2BR/1.0BA | 2BR,1BA | $1.43 |
| seaside01 | 1BR/1.0BA | 1BR,1BA | $1.35 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #5
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 361 Apartments for Rent in Centennial, OR with pricing that ranges from $985 to $3,379. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial ranging from $1,095 to $4,800.
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 $4,800 with an average monthly rent of $2,615.
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 $1,395 to $2,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,899. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,447.
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
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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
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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
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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

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.