Cheap Homes for Rent in Centennial Neighborhood of Portland, OR from $1,000 (3 Rentals)

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

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

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

Best Value Apartments for Rent in Centennial, OR

As of April 11, 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 2BR/1.5BA Model at Griffin Court starting at $1,500 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Trailside Apartments2 Bedroom 2 Bath2BR,2BA$1.47
Griffin Court2BR/1.5BA2BR,1.5BA$1.50
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Sherman Villa2BR2BR,2BA$1.45
630 SE 182nd Ave, Unit 4630 SE 182nd Ave2BR,1.5BA$1.40
Spruce Park Apartments2 Bedroom2BR,1BA$1.73
Powell Court#571BR,1BA$1.77
Powell Butte Townhomes2BR/1.5BA2BR,1.5BA$1.76
Parkside Manor1BR/1.0BA1BR,1BA$1.70
Eastside Village Apartments1BR/1.0BA1BR,1BA$1.75

Frequently Asked Questions about Centennial

What type of rentals are currently available in Centennial?

There are currently 142 Apartments for Rent in Centennial, OR with pricing that ranges from $850 to $2,992. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centennial ranging from $1,095 to $2,945.

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 $1,095 to $2,945 with an average monthly rent of $1,811.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.