Housing in Centennial at a glance
- Population
- 25,413
- Housing units
- about 9,453
- Median value, owner-occupied homes
- $413,000Portland: $581,500 (-29%)
- Median gross rent
- $1,470 a monthPortland: $1,655 (-11%)
- Owner-occupied homes
- 57.3%Portland: 52%
- Homes built before 1980
- 66.5%
- Median year built
- 1972
Centennial records the lowest owner-estimated value among the ten Portland sectors, $413,000, or 29% under the city overall. Ownership still runs above the city level, at 57.3% of households, fourth highest and 5.3 points ahead, with 5,033 owners and 3,757 renters. Some 24,148 residents live east of the population centre. Its stock is older than most, with 66.5% of homes built before 1980, third among the ten, and median rent is $1,470, eighth of ten. Powellhurst-Gilbert is only slightly higher at $419,000. Hazelwood reaches $438,000, and Pleasant Valley reaches $524,000 with 77.6% of households owning. Housing units there number 9,453. Hazelwood has 47.5% owners, Powellhurst-Gilbert has 49%, and Pleasant Valley stands out for housing from around 1991, newer than Centennial's 1972, which it shares with Powellhurst-Gilbert.
Questions about Centennial
What is the median home value in Centennial, Portland?
$413,000 for owner-occupied homes, against $581,500 for Portland as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Centennial?
$1,470 a month in gross rent (rent plus utilities paid by the renter), against $1,655 in Portland (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Centennial own or rent?
Most own: 57.3% of occupied homes are owner-occupied, against 52% in Portland (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 5 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city. Boundaries used: City of Portland (PortlandMaps), Portland Neighborhoods (consulted 2026-11-02).
Centennial is one of the 10 most populous neighborhoods (of 94 neighborhoods) of Portland: population 25,413 (Portland Neighborhoods: 2020 Census Profiles (Portland State University Population Research Center for the City of Portland Office of Community and Civic Life, Aug. 2022) - 2020 Census population by neighborhood).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Portland as a whole. Home values are owners' estimates, not sale prices.
Near Centennial
The closest sectors of Portland, by distance between population centres.
Other sectors of Portland
Five trades, one spot each
Payotte lists one professional per trade in Centennial. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Centennial? Ask for your spot.