Cheap Homes for Rent in Centennial Neighborhood of Portland, OR from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Centennial area of Portland.
Centennial, Portland, OR Local Guide

How much does it cost to rent a home in Centennial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centennial 2 Bedroom Homes for Rent | $1,732 | $1,595 | $1,945 |
| Centennial 3 Bedroom Homes for Rent | $2,626 | $1,995 | $3,000 |
| Centennial 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
| Centennial 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Portland, OR.
Explore Portland
Best Value Apartments for Rent in Centennial, OR
As of November 09, 2025 the best value apartment in the Centennial area is the $1.56 price per square foot 2x1.5 townhouse Model at Rockrose Apartments 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 Portla 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rockrose Apartments | 2x1.5 townhouse | 2BR,1.5BA | $1.56 |
| Maple Meadows-cozy 2 bedrooms in SE Portla | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.57 |
| Foothills Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1.57 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Sherman Villa | 2BR | 2BR,2BA | $1.53 |
| Parkside Manor | 2BR/1.0BA | 2BR,1BA | $1.58 |
| Eastwood | 2BR/1.0BA | 2BR,1BA | $1.63 |
| Griffin Court | 1BR/1.0BA | 1BR,1BA | $1.64 |
| Greenview Village | 1BR/1.0BA | 1BR,1BA | $1.61 |
Frequently Asked Questions about Centennial
What type of rentals are currently available in Centennial?
There are currently 143 Apartments for Rent in Centennial, OR with pricing that ranges from $950 to $2,450. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial ranging from $1,295 to $3,200.
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 $1,295 to $3,200 with an average monthly rent of $2,410.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


