Cheap Apartments for Rent in the Centennial Neighborhood of Gresham, OR from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Gresham.

Glendoveer Woods Apartments

The Bria Apartments

D Street Salal Apartments
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
Centennial, Gresham, OR Local Guide

How much does it cost to rent an apartment in Centennial?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Centennial Studio Apartments | $1,290 | $959 | $1,926 |
Centennial 1 Bedroom Apartments | $1,485 | $999 | $2,357 |
Centennial 2 Bedroom Apartments | $1,816 | $1,150 | $2,725 |
Centennial 3 Bedroom Apartments | $2,123 | $1,341 | $2,992 |
Centennial 4 Bedroom Apartments | $2,058 | $1,813 | $2,304 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Gresham, OR.
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Centennial, Gresham, OR Local Guide
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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 Glendoveer Woods Apartments priced from $959. The Bria Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Centennial apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Glendoveer Woods Apartments | Studio NO Washer & Dryer | Studio,1BA | $959 |
The Bria Apartments | 1 Bed, 1 bath | 1BR,1BA | $999 |
D Street Salal Apartments | STUDIO | Studio,1BA | $1,050 |
Eastside Village Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
The Zimmer | Studio | Studio,1BA | $1,149 |
Best Value Apartments for Rent in Centennial, OR
As of April 03, 2025 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 2 Bedroom, 2 Bath Model at East Park Place Apartments starting at $1,450 with a $1.38 price per square foot in the Wilkes 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 |
East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
Griffin Court | 2BR/1.5BA | 2BR,1.5BA | $1.50 |
Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
Sherman Villa | 2BR | 2BR,2BA | $1.45 |
The Davenport | 2x1 Standard | 2BR,1BA | $1.53 |
Rosewood Station | 2BR/1.0BA | 2BR,1BA | $1.61 |
1857 SE 162nd Ave, Unit 1857 | 1857 SE 162nd Ave | 2BR,1BA | $1.61 |
123 NE 172nd Ave | 123 NE 172nd Ave | 1BR,1BA | $1.41 |
Vine Maple | 1BR 1Bath | 1BR,1BA | $1.60 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCentennial, Gresham, OR
Ranked #3
Among neighborhoods in Gresham, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Centennial, Gresham, OR
Lynch Meadows Elementary School
School data provided by Great Schools
Best Local Schools in Centennial, Gresham, OR
Lynch Meadows Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Oregon including Centennial, Gresham, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $1,185.
What is the price of a cheap apartment in Centennial?
The cheapest apartment in Centennial is The Bria Apartments which is listed at $999, while the average apartment in Centennial costs $2,143.
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 29 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 $664 which is $1,479 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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.