Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Centennial area of Portland.

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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
  • Utilities Included
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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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The Aurora
1 to 3 Bedroom Apartments

The Aurora

16015 SE Stark StPortland, OR 97233
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Rose Apartments
1 to 3 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233
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Emerald Park Apartments
1 to 3 Bedroom Apartments

Emerald Park Apartments

646-664 SE 148th AvePortland, OR 97233
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Alder Village
Studio to 3 Bedroom Apartments

Alder Village

16000 SE Alder StPortland, OR 97233
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Greenview Village
1 to 2 Bedroom Apartments

Greenview Village

14998 SE Stark StPortland, OR 97233
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Parkside Manor
Studio to 3 Bedroom Apartments

Parkside Manor

17439 SE Stark StGresham, OR 97030

Cheapest Available Centennial Apartments for Rent

 

The cheapest available apartment rental in the Centennial area of Portland, OR is a Studio unit found at Alder Royal Apartments priced from $995. 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 ListingModel NameBed/BathPriced From
Alder Royal Apartments0BR/1.0BAStudio,1BA$995
The Aurora1X11BR,1BA$1,034
Keystone East Apartment HomesSmStudio,1BA$1,045
Alder Village1BR/1.0BA1BR,1BA$1,100
Greenview Village1BR/1.0BA1BR,1BA$1,200

Best Value Apartments for Rent in Centennial, OR

As of September 16, 2025 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 2BR/1.5BA Model at Griffin Court starting at $1,495 with a $1.50 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.
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Maple Meadows2BR/1.0BA2BR,1BA$1.48
Township Eastside2x2 Classic2BR,2BA$1.55
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Powell Court2 Bedroom 1 Bath2BR,1BA$1.62
Stark Street Crossing2BR/1.0BA2BR,1BA$1.55
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Sherman Villa2BR2BR,2BA$1.53
The Aurora1X11BR,1BA$1.64

Getting Around the Centennial Neighborhood in Portland, OR

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

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 $1,395.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is The Aurora which is listed at $1,034, while the average apartment in Centennial costs $1,967.

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 1 regular apartments in Centennial that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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