
Cheap Apartments for Rent in the Centennial Neighborhood of Burlington, VT from $800 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Centennial area of Burlington.


328 College St

348 College St

Maiden Lane

247Pearl

77 Residences

Sunset House

Silversmith

224 Pine St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
180 Riverside Ave, Unit 2

South End Apartments

Total Monthly Price
20 Latham Ct, Unit 20 Latham Ct

340 Hildred Dr

19 Fletcher Pl

Parc Terrace

City Gardens

Quarry Hill Club & Condominiums

Great Cedars
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

24-26-26 Main St

Winooski Block

111 E Allen St

Catamount Lane

Keen's Crossing

61 North Dorset

Millhouse West

Pines Senior Living

THE WOOLEN MILL ASSOCIATES
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Ethan Allen

Woodline Apartments

Slate House

200 Garden Street Apartments

113 Garden St

303 Market Street Apartments

Riverrun

112 Garden Street Apartments

Riverhouse
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

79 W Canal St

Quarry Hill Apartments

City Lights
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 | $1,871 | $1,363 | $2,350 |
| Centennial 1 Bedroom Apartments | $2,113 | $1,550 | $4,600 |
| Centennial 2 Bedroom Apartments | $2,408 | $1,325 | $3,300 |
| Centennial 3 Bedroom Apartments | $2,701 | $1,160 | $3,159 |
| Centennial 4 Bedroom Apartments | $1,510 | $975 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 39 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parc Terrace | Studio | Studio,1BA | $1,363 |
| Quarry Hill Club & Condominiums | Building 430 Studios | Studio,1BA | $1,495 |
| Winooski Block | Winooski Block | 1 Bed with den (33 East Alle | 1BR,1BA | $1,600 |
| 328 College St | 1 Bedroom | 1BR,1BA | $1,600 |
| 111 E Allen St | The Halo Studio Layout | Studio,1BA | $1,650 |
| Catamount Lane | Catlane One Bedroom | 1BR,1BA | $1,675 |
| Keen's Crossing | Ash | 1BR,1BA | $1,697 |
| 61 North Dorset | Studio | Studio,1BA | $1,700 |
| 348 College St | 1 Bedroom | 1BR,1BA | $1,700 |
| Millhouse West | West 2 Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 56 Drew St | 5 Bedroom 2 Bath | 5BR,2BA | $1.94 |
| Millhouse Terrace | Two Bedroom Town House | 2BR,1BA | $2.43 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| 20 Latham Ct, Unit 20 Latham Ct | 20 Latham Ct | 2BR,1.5BA | $2.10 |
| Great Cedars | 2 Bedroom | 2BR,1BA | $2.44 |
| City Lights | 1 bdrm | 1BR,1BA | $2.57 |
| Millhouse West | West 2 Bedroom | 2BR,1BA | $2.32 |
| Ethan Allen | Ethan Allen 04 | 2BR,1BA | $2.57 |
| Keen's Crossing | Ash | 1BR,1BA | $2.60 |
| Spinner Place | 3x2 | 3BR,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

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.

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.

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.

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.