Elevate - Denver
7338 S Havana St,
Centennial, CO 80112
1-3 Beds | $1,595 - $2,200
Rental Market Trends in Centennial, CO
What is the average rent in Centennial, CO?
$1,874/month
Average Rent
754 Sq Ft
Average Apartment Size
-0.9%
Decrease in the Last Year
As of June 2025, the average rent in Centennial, CO is $1,874 per month. This is 15% higher than the national average rent price of $1,628/month, making Centennial one of the most expensive cities in the US. When you rent an apartment in Centennial, you can expect to pay about $1,680 per month for a studio, $1,874 for a one-bedroom apartment, and around $2,393 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,180 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Centennial, CO?
In the past year, rent has decreased by 0.9%, which averages out to $17 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Centennial, CO
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
4%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
63%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Centennial?
Based on current rent prices, The Highlands, West Centennial and Willow Creek are the most affordable neighborhoods in Centennial.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Centennial?
Based on current rent prices, Willow Creek, West Centennial and The Highlands are the most expensive neighborhoods in Centennial.
Neighborhood
Average Rent
Average Sq Ft
Which Centennial neighborhoods have the most rentals available?
The neighborhoods in Centennial with the most apartments available are Willow Creek, West Centennial and The Highlands .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Centennial, CO?
Because the average rent in Centennial is $1,874, you’ll want to make about $6,246 per month or $74,952 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Centennial, CO compare to other nearby cities and neighborhoods?
Use the tool below to compare Centennial, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,668/month
One Bedroom
-
$1,894/month
Two Bedroom
-
$2,357/month
Three Bedroom
-
$2,719/month
Nearby City Rent Trends
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AMC
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AMLI Residential
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Embrey
-
35
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Willow Bridge
-
705
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RPM
-
608
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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 June 2025.
* Percentages may not total 100 due to rounding.