Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (22 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
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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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Crofton Apartments
Studio to 2 Bedroom Apartments

Crofton Apartments

15627 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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Emerald Park Apartments
1 to 3 Bedroom Apartments

Emerald Park Apartments

646-664 SE 148th AvePortland, OR 97233
  • Utilities Included

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Stark Street Crossing
Studio to 2 Bedroom Apartments

Stark Street Crossing

14112-14134 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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Executive East
1 to 3 Bedroom Apartments

Executive East

533-615 SE 160th AvePortland, 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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Country Square
1 to 3 Bedroom Apartments

Country Square

15151 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 Keystone East priced from $915. 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
Keystone EastSM Studio 355 Sq ftStudio,1BA$915
The Aurora1X11BR,1BA$1,034
Alder Royal Apartments1BR/1.0BA1BR,1BA$1,050
Stark Street Crossing1BR/1.0BA1BR,1BA$1,100
Eastside Village Apartments1BR/1.0BA1BR,1BA$1,149

Best Value Apartments for Rent in Centennial, OR

As of December 28, 2025 the best value apartment in the Centennial area is the $1.59 price per square foot 2x1.5 Model at Kensington Terrace - KT-142 in the in the East Portland neighborhood starting from $1,695. The second greatest value Centennial apartment is the 2BR/1.0BA Model at Maple Meadows-cozy 2 bedrooms in SE Portland with laundry & fireplace in unit starting at $1,499 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.
Kensington Terrace - KT-1422x1.52BR,1.5BA$1.59
Maple Meadows-cozy 2 bedrooms in SE Portland with laundry & fireplace in unit2BR/1.0BA2BR,1BA$1.50
Township Eastside2x2 Classic2BR,2BA$1.48
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.52
Eleven Pines2x2 Renovated2BR,2BA$1.68
Sherman Villa2BR2BR,2BA$1.53
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Griffin Court2BR/1.0BA2BR,1BA$1.61
Trailside1 Bedroom 1 Bath1BR,1BA$1.65
The Aurora1X11BR,1BA$1.64

Frequently Asked Questions about Cheap Centennial Apartments

What is the Cheapest Studio apartment in Centennial?

Currently the most affordable Cheap Studio Apartment in Centennial is at Keystone East listed at $915.

How much is rent for a Cheap One Bedroom Centennial Apartment?

The lowest price for a Cheap One Bedroom Centennial Apartment is $1,034 at The Aurora.

What is the lowest price for a Cheap Two Bedroom Centennial Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Centennial is starting from $1,295 at Villa 162 Apartments.

What is the most affordable Centennial Three Bedroom Apartment?

The best deal on a cheap Centennial Three Bedroom Apartment rental is at Eastside Village Apartments and starts from $1,595.

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

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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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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.

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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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!