
Cheap Homes for Rent in the Centennial Neighborhood of Gresham, OR from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Centennial area of Gresham.


19109 SE Yamhill St

2629 SE 145th Ave

15136 SE Gladstone Dr
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

16049 SE Caruthers St, Unit 1

16964 SE Stark St

200 SW Florence Ave

18411 E Burnside St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

15535 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 | $1,871 | $1,395 | $2,295 |
| Centennial 3 Bedroom Homes for Rent | $2,670 | $1,945 | $4,399 |
| Centennial 4 Bedroom Homes for Rent | $3,257 | $2,795 | $3,600 |
| Centennial 5 Bedroom Homes for Rent | $3,095 | $3,095 | $3,095 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Gresham, OR.
Explore Gresham
Centennial, Gresham, OR Local Guide
- Nearby Gresham neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. The Aurora has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,034. 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 |
| The Aurora | 1X1 | 1BR,1BA | $1,034 |
| Keystone East | 0BR/1.0BA | Studio,1BA | $1,040 |
Best Value Apartments for Rent in Centennial, OR
As of July 23, 2026 the best value apartment in the Centennial area is the $1.47 price per square foot 2 Bedroom 2 Bath Model at Trailside in the in the East Portland neighborhood starting from $1,575. 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. |
|---|---|---|---|
| Trailside | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Maple Meadows Apartments | 2BR/1.0BA | 2BR,1BA | $1.35 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.36 |
| Firwood Station | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Rockwood Village Apartments | 2 Bedroom x 1 Bathroom | 2BR,1BA | $1.33 |
| Red Rose Manor | 2BR2B | 2BR,2BA | $1.45 |
| Sherman Villa | 2BR | 2BR,2BA | $1.42 |
| Rockwood Landing | 2X1- 40% LIHTC | 2BR,1BA | $0.86 |
| Elaine Station Apartments | 1BR/1.0BA | 1BR,1BA | $1.29 |
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 #7
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 $700 to $3,128. There are also 28 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 $2,765.
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 $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,945 to $4,399. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,532.
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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.