Cheap Apartments for Rent in the Centennial Neighborhood of Burlington, VT from $800 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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property at 340 Hildred Dr

$2,375

Total Monthly Price

Total Monthly Price

Base Rent
$2,375

Total Monthly Price
$2,375

2 Bedroom, 1 Bath Condo for Rent

Available Now

340 Hildred Dr

BurlingtonVT05401

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City Lights
1 to 2 Bedroom Apartments

City Lights

106 E Allen StWinooski, VT 05404

Cheapest Available Centennial Apartments for Rent

 

The cheapest available apartment rental in the Centennial area of Burlington, VT is a Studio unit found at Parc Terrace priced from $1,363. Quarry Hill Club & Condominiums has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable Centennial apartments for rent in Burlington, VT:

Apartment ListingModel NameBed/BathPriced From
Parc TerraceStudioStudio,1BA$1,363
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
Winooski BlockWinooski Block | 1 Bed with den (33 East Alle1BR,1BA$1,600
328 College St1 Bedroom1BR,1BA$1,600
111 E Allen StThe Halo Studio LayoutStudio,1BA$1,650
Catamount LaneCatlane One Bedroom1BR,1BA$1,675
Keen's CrossingAsh1BR,1BA$1,697
61 North DorsetStudioStudio,1BA$1,700
348 College St1 Bedroom1BR,1BA$1,700
Millhouse WestWest 2 Bedroom2BR,1BA$1,750

Best Value Apartments for Rent in Centennial, VT

As of July 25, 2026 the best value apartment in the Centennial area is the $1.94 price per square foot 5 Bedroom 2 Bath Model at 56 Drew St in the in the Centennial neighborhood starting from $3,200. The second greatest value Centennial apartment is the Two Bedroom Town House Model at Millhouse Terrace starting at $2,700 with a $2.43 price per square foot in the Centennial 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.
56 Drew St5 Bedroom 2 Bath5BR,2BA$1.94
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
20 Latham Ct, Unit 20 Latham Ct20 Latham Ct2BR,1.5BA$2.10
Great Cedars2 Bedroom2BR,1BA$2.44
City Lights1 bdrm1BR,1BA$2.57
Millhouse WestWest 2 Bedroom2BR,1BA$2.32
Ethan AllenEthan Allen 042BR,1BA$2.57
Keen's CrossingAsh1BR,1BA$2.60
Spinner Place3x23BR,2BA$2.32

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 $1,750.

What is the price of a cheap apartment in Centennial?

The cheapest apartment in Centennial is Winooski Block which is listed at $1,600, while the average apartment in Centennial costs $3,050.

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 7 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 $752 which is $2,298 cheaper than the average rent for all rentals in Centennial.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.