
Cheap Apartments for Rent in the Centennial Neighborhood of Burlington, VT from $1,200 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Burlington.


46 N Prospect St

42 N Prospect St

376 Colchester Ave

46 N Prospect St

51-53-53 Barrett St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4 Weaver Ln

Winooski Block

Keen's Crossing

Millhouse West

79 W Canal St

Woodline Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Centennial, Burlington, VT Local Guide

How much does it cost to rent an apartment in Centennial?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Centennial Studio Apartments | $1,774 | $1,500 | $2,100 |
| Centennial 1 Bedroom Apartments | $1,825 | $1,200 | $2,250 |
| Centennial 2 Bedroom Apartments | $2,372 | $1,556 | $2,885 |
| Centennial 3 Bedroom Apartments | $2,346 | $1,789 | $2,650 |
| Centennial 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Centennial Neighborhood of Burlington, VT.
See all Apartments in BurlingtonExplore Burlington
Cheapest Available Centennial Apartments for Rent
 The cheapest available apartment rental in the Centennial area of Burlington, VT is a 1 Bed unit found at Winooski Block priced from $1,550. Keen's Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,556. Here are the most affordable Centennial apartments for rent in Burlington, VT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winooski Block | Winooski Block 33 East Allen | 1BR,1BA | $1,550 |
| Keen's Crossing | Cedar - Income Limits Apply | 2BR,2BA | $1,556 |
| Millhouse Terrace | Two Bedroom Town House | 2BR,1BA | $2,800 |
Best Value Apartments for Rent in Centennial, VT
As of January 25, 2026 the best value apartment in the Centennial area is the $2.52 price per square foot Two Bedroom Town House Model at Millhouse Terrace in the in the Centennial neighborhood starting from $2,800. The second greatest value Centennial apartment is the 128 Colchester Ave Model at 128 Colchester Ave, Unit #3 starting at $1,500 with a $1.67 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Millhouse Terrace | Two Bedroom Town House | 2BR,1BA | $2.52 |
| 128 Colchester Ave, Unit #3 | 128 Colchester Ave | 1BR,1BA | $1.67 |
| Winooski Block | Winooski Block 33 East Allen | 1BR,1BA | $1.96 |
| 61 North Dorset | 1 Bed | 1BR,1BA | $2.41 |
| Keen's Crossing | Ash | 1BR,1BA | $2.60 |
Frequently Asked Questions about Cheap Centennial Apartments
What is the price of a cheap apartment in Centennial?
The cheapest apartment in Centennial is Winooski Block which is listed at $1,550, while the average apartment in Centennial costs $3,900.
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 16 regular apartments in Centennial that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.