Cheap Apartments for Rent in the Centennial Neighborhood of Portland, OR from $800 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Centennial area of Portland.

close
View Me
Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
  • Utilities Inc.
close
View Me
The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
  • Utilities Inc.

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

close
View Me
Rose Apartments
1 Bedroom Apartments

Rose Apartments

1200 SE 162nd AvePortland, OR 97233
close
View Me
ARBOR VIEW
1 to 2 Bedroom Apartments

ARBOR VIEW

2601-2675 SE 162nd AvePortland, OR 97236

Cheapest Available Centennial Apartments for Rent

 

The cheapest available apartment rental in the Centennial area of Portland, OR is a Studio unit found at D Street Salal Apartments priced from $1,050. Alder Royal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Centennial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
D Street Salal ApartmentsSTUDIOStudio,1BA$1,050
Alder Royal Apartments0BR/1.0BAStudio,1BA$1,100
Parkview Apartments - 55+StudioStudio,1BA$1,100
Traditions at Hazelwood a 55+ CommunityStudio (S2)Studio,1BA$1,173
The Nash1 x 11BR,1BA$1,222

Best Value Apartments for Rent in Centennial, OR

As of February 28, 2025 the best value apartment in the Centennial area is the $1.47 price per square foot ts2x2 Model at Trailside Apartments in the in the East Portland neighborhood starting from $1,575. The second greatest value Centennial apartment is the 2BR/1.5BA Model at Griffin Court starting at $1,450 with a $1.45 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.
Trailside Apartmentsts2x22BR,2BA$1.47
Griffin Court2BR/1.5BA2BR,1.5BA$1.45
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
East Stark Apartments3bd/2bth3BR,2BA$1.80
Sherman Villa2BR2BR,2BA$1.45
Eastside Village Apartments2BR/1.0BA2BR,1BA$1.50
Spruce Park Apartments2 Bedroom2BR,1BA$1.67
Carrington Square2BR/1.0BA2BR,1BA$1.73
Powell Court#571BR,1BA$1.77
Eastwood2BR/1.0BA2BR,1BA$1.81

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

Frequently Asked Questions about Cheap Centennial Apartments

What is the Cheapest Studio apartment in Centennial?

Currently the most affordable Cheap Studio Apartment in Centennial is at D Street Salal Apartments listed at $1,050.

How much is rent for a Cheap One Bedroom Centennial Apartment?

The lowest price for a Cheap One Bedroom Centennial Apartment is $1,150 at D Street Salal Apartments.

What is the lowest price for a Cheap Two Bedroom Centennial Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Centennial is starting from $1,325 at Eastside Village Apartments.

What is the most affordable Centennial Three Bedroom Apartment?

The best deal on a cheap Centennial Three Bedroom Apartment rental is at East Stark Apartments and starts from $1,750.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.