Centennial

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Centennial, CO

Area Guide

Believe the hype—Centennial really is as great as they say.

Suburb Commuter Safe Schools Family-Friendly Mountains Airport

Welcome to Centennial, a well-planned Colorado community located in the Denver metropolitan area. This relatively new city, incorporated in 2001, has established itself as a sought-after Denver suburb, known for its parks, trails, and residential areas. Outdoor enthusiasts appreciate the extensive network of paths, including the High Line Canal Trail and Willow Creek Trail, perfect for enjoying Colorado's 300+ days of annual sunshine. Housing options include single-family homes and apartment communities, with current average rents ranging from $1,819 for one-bedroom units to $3,025 for three-bedroom homes. The rental market has seen rates decrease by approximately 2.8% over the past year.

Centennial's location along Interstate 25 provides easy access to both downtown Denver and the Denver Tech Center. Major employers in the area include Arrow Electronics and United Launch Alliance. The city features the second-largest IKEA store in the United States, which serves as a regional shopping destination. Most students attend schools within the Cherry Creek School District. The city's name reflects Colorado's admission to the Union in 1876, the centennial year of American independence - the same reason Colorado is known as the Centennial State. Residents enjoy numerous parks and open spaces throughout the community, while The Streets at SouthGlenn offers shopping and dining options in a pedestrian-friendly setting.

Rent Trends

As of November 2025, the average apartment rent in Centennial, CO is $1,552 for a studio, $1,778 for one bedroom, $2,269 for two bedrooms, and $3,168 for three bedrooms. Apartment rent in Centennial has decreased by -2.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,778/month
754 Sq Ft
House
$3,108/month
2,284 Sq Ft
Condo
$2,179/month
1,121 Sq Ft
Townhome
$2,603/month
1,810 Sq Ft
See Rental Market Trends in Centennial, CO

Transportation

43

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

25

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

45

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Willow Creek Elementary School

Public

Grades PK-5

494 Students

Trails West Elementary School

Public

Grades PK-5

436 Students

Lois Lenski Elementary School

Public

Grades K-5

500 Students

Walnut Hills Community Elementary School

Public

Grades PK-5

372 Students

Heritage Elementary School

Public

Grades PK-5

269 Students

Newton Middle School

Public

Grades 6-8

791 Students

Options School

Public

Grades K-12

535 Students

Eaglecrest High School

Public

Grades 9-12

3,093 Students

Arapahoe High School

Public

Grades 9-12

1,820 Students

Endeavor Academy

Public

Grades 9-12

276 Students

Options School

Public

Grades K-12

535 Students

Points of Interest

Top Apartments in Centennial

Houses for Rent in Centennial

Property Management Companies in Centennial, CO

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.