Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (17 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
  • Utilities Included
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Rose Apartments
1 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Alder Village
1 Bedroom Apartments

Alder Village

16000 SE Alder StPortland, OR 97233

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Greenview Village
1 to 2 Bedroom Apartments

Greenview Village

14998 SE Stark StPortland, OR 97233
  • Utilities Included
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The Aurora
1 Bedroom Apartments

The Aurora

16015 SE Stark StPortland, OR 97233

Cheapest Available Centennial Apartments for Rent

 

The cheapest available apartment rental in the Centennial area of Portland, OR is a 1 Bed unit found at Eastside Village Apartments priced from $1,100. Alder Royal Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Eastside Village Apartments1BR/1.0BA1BR,1BA$1,100
Alder Royal Apartments1BR/1.0BA1BR,1BA$1,100
The Aurora1X11BR,1BA$1,185
ARBOR VIEW1x11BR,1BA$1,195
Alder Village1BR/1.0BA1BR,1BA$1,200

Best Value Apartments for Rent in Centennial, OR

As of June 10, 2025 the best value apartment in the Centennial area is the $1.65 price per square foot 2x1.5 townhouse Model at Rockrose Apartments in the in the East Portland neighborhood starting from $1,795. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rockrose Apartments2x1.5 townhouse2BR,1.5BA$1.65
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Township Eastside2x2 Classic2BR,2BA$1.48
Eleven Pines2x22BR,2BA$1.52
Sherman Villa2BR2BR,2BA$1.45
1855 SE 162nd Ave, Unit 18551855 SE 162nd Ave2BR,1BA$1.58
Carrington Square2BR/1.0BA2BR,1BA$1.73
Greenview Village1BR/1.0BA1BR,1BA$1.75
Eastside Village Apartments1BR/1.0BA1BR,1BA$1.68

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 $1,325.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is Eastside Village Apartments which is listed at $1,100, while the average apartment in Centennial costs $1,995.

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

How do the prices of cheap apartments compare to the average apartment in Centennial?

Cheap apartments in Centennial have an average cost of $227 which is $1,768 cheaper than the average rent for all rentals in Centennial.

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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