
Cheap Homes for Rent in Centennial Neighborhood of Portland, OR from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Centennial area of Portland.


2633 SE 145th Ave

2629 SE 145th Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

17139 SE Salmon St

16964 SE Stark St

2645 SE 145th Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2621 SE 174th Ave
Centennial, Portland, OR Local Guide

How much does it cost to rent a home in Centennial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centennial 3 Bedroom Homes for Rent | $2,411 | $1,650 | $2,899 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Portland, OR.
Explore Portland
Cheapest Available Centennial Apartments for Rent
 The cheapest available apartment rental in the Centennial area of Portland, OR is a Studio unit found at East Stark Apartments priced from $700. Alder Royal has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Centennial apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Stark Apartments | Studio | Studio,1BA | $700 |
| Alder Royal | 0BR/1.0BA | Studio,1BA | $1,000 |
| Keystone East Apartments | 0BR/1.0BA | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Centennial, OR
As of June 11, 2026 the best value apartment in the Centennial area is the $1.47 price per square foot 2 Bedroom 2 Bath Model at Trailside Apartments in the in the East Portland neighborhood starting from $1,575. The second greatest value Centennial apartment is the 2BR/1.0BA Model at Maple Meadows Apartments starting at $1,400 with a $1.40 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. |
|---|---|---|---|
| Trailside Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
| Maple Meadows Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.50 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.63 |
| Powell Court | 2x1 | 2BR,1BA | $1.52 |
| Foothills Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1.57 |
| Sherman Villa | 2BR | 2BR,2BA | $1.42 |
| Rosewood Park | 2BR/1.5BA | 2BR,1.5BA | $1.53 |
| Greenview Apartments | 2BR/1.0BA | 2BR,1BA | $1.43 |
| Walnut Terrace | 2BR/1.0BA | 2BR,1BA | $1.61 |
Frequently Asked Questions about Centennial
What type of rentals are currently available in Centennial?
There are currently 141 Apartments for Rent in Centennial, OR with pricing that ranges from $700 to $1,995. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial ranging from $1,100 to $2,899.
What is the current price range for Rental Homes in Centennial?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Centennial ranges from $1,100 to $2,899 with an average monthly rent of $1,768.
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

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.

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.

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.

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.