
Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Portland.


Arbor Glen Apartments
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Centennial, Portland, OR Local Guide

How much does it cost to rent an apartment in Centennial?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Centennial Studio Apartments | $1,421 | $1,360 | $1,965 |
Centennial 1 Bedroom Apartments | $1,545 | $985 | $2,072 |
Centennial 2 Bedroom Apartments | $1,638 | $1,130 | $2,922 |
Centennial 3 Bedroom Apartments | $1,935 | $1,225 | $2,992 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Portland, OR.
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eastside Village Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
Alder Royal Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
The Aurora | 1X1 | 1BR,1BA | $1,185 |
ARBOR VIEW | 1x1 | 1BR,1BA | $1,195 |
Alder Village | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Rockrose Apartments | 2x1.5 townhouse | 2BR,1.5BA | $1.65 |
Trailside | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
Griffin Court | 2BR/1.5BA | 2BR,1.5BA | $1.50 |
Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
Eleven Pines | 2x2 | 2BR,2BA | $1.52 |
Sherman Villa | 2BR | 2BR,2BA | $1.45 |
1855 SE 162nd Ave, Unit 1855 | 1855 SE 162nd Ave | 2BR,1BA | $1.58 |
Carrington Square | 2BR/1.0BA | 2BR,1BA | $1.73 |
Greenview Village | 1BR/1.0BA | 1BR,1BA | $1.75 |
Eastside Village Apartments | 1BR/1.0BA | 1BR,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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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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