Installing from RPM is generally better, because:

• you can install and uninstall (properly) python3.
• the installation time is way faster. If you work in a cloud environment with multiple VMs, compiling python3 on each VMs is not acceptable.

Solution 1: Red Hat & EPEL repositories

Red Hat has added through the EPEL repository:

• Python 3.4 for CentOS 6
• Python 3.6 for CentOS 7

[EPEL] How to install Python 3.4 on CentOS 6

sudo yum install -y epel-release
sudo yum install -y python34

# Install pip3
sudo yum install -y python34-setuptools  # install easy_install-3.4
sudo easy_install-3.4 pip

You can create your virtualenv using pyvenv:

pyvenv /tmp/foo

[EPEL] How to install Python 3.6 on CentOS 7

With CentOS7, pip3.6 is provided as a package :)

sudo yum install -y epel-release
sudo yum install -y python36 python36-pip

You can create your virtualenv using pyvenv:

python3.6 -m venv /tmp/foo

If you use the pyvenv script, you'll get a WARNING:

$ pyvenv-3.6 /tmp/foo
WARNING: the pyenv script is deprecated in favour of `python3.6 -m venv`

Solution 2: IUS Community repositories

The IUS Community provides some up-to-date packages for RHEL & CentOS. The guys behind are from Rackspace, so I think that they are quite trustworthy...

https://ius.io/

Check the right repo for you here:

https://ius.io/setup

[IUS] How to install Python 3.6 on CentOS 6

sudo yum install -y https://repo.ius.io/ius-release-el6.rpm
sudo yum install -y python36u python36u-pip

You can create your virtualenv using pyvenv:

python3.6 -m venv /tmp/foo

[IUS] How to install Python 3.6 on CentOS 7

sudo yum install -y https://repo.ius.io/ius-release-el7.rpm
sudo yum install -y python36u python36u-pip

You can create your virtualenv using pyvenv:

python3.6 -m venv /tmp/foo