Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (19 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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Greenview Village
1 to 2 Bedroom Apartments

Greenview Village

14998 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
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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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Stark Street Crossing
Studio to 2 Bedroom Apartments

Stark Street Crossing

14112-14134 SE Stark StPortland, OR 97233

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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. Crofton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Keystone EastYou didn't know what you were missing until you...Studio,1BA$915
Crofton Apartments1BD/1BTH1BR,1BA$1,045
Arbor View ApartmentsSTUStudio,1BA$1,095
Alder Royal Apartments1BR/1.0BA1BR,1BA$1,100
Rosewood Apartments1BR/1.0BA1BR,1BA$1,150

Best Value Apartments for Rent in Centennial, OR

As of February 23, 2026 the best value apartment in the Centennial area is the $1.50 price per square foot 2BR/1.5BA Model at Griffin Court in the in the East Portland neighborhood starting from $1,500. The second greatest value Centennial apartment is the 2x2 Classic Model at Township Eastside starting at $1,470 with a $1.48 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.
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Township Eastside2x2 Classic2BR,2BA$1.48
Eleven Pines2x22BR,2BA$1.61
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.62
Stark Street Crossing2BR/1.0BA2BR,1BA$1.37
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Sherman Villa2BR2BR,2BA$1.53
Carrington Square2BR/1.0BA2BR,1BA$1.55
Trailside1 Bedroom 1 Bath1BR,1BA$1.65
The Jamico2x12BR,1BA$1.60

Frequently Asked Questions about Cheap Centennial Apartments

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is Crofton Apartments which is listed at $1,045, 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 2 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 $149 which is $1,846 cheaper than the average rent for all rentals in Centennial.

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

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.

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From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.