IMT Cornerstar Ranch
16363 E Fremont Ave,
Aurora, CO 80016
1-3 Beds | $1,649 - $2,374
Rental Market Trends in Centennial, CO
Updated July 2026
The average rent in Centennial, CO is $1,789/month.
Rent in Centennial is roughly equal to the national average rent of of $1,663/month.
$1,789/month
Average Rent
753 Sq Ft
Average Size
-1.1%
Change / Year
2,143
Available Apartments
Centennial rent varies by unit size and layout:
- Studio apartments in Centennial average $1,641 per month.
- One-bedroom apartments in Centennial average $1,789 per month.
- Two-bedroom apartments in Centennial average $2,300 per month.
- Three-bedroom apartments in Centennial average $3,225 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Centennial, CO?
In the past year, rent has decreased by 1.1%, which averages out to $20 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Centennial, CO
July 2026
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
44%
$1,501 - $2,000/month
52%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Centennial?
Based on current rent prices, 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 and West Centennial" 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 and West Centennial" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Centennial, CO?
Because the average rent in Centennial is $1,789, you’ll want to make about $5,963 per month or $71,556 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.
View the Centennial Area GuideStudio
$1,524/month
$1,681/month
One Bedroom
$1,585/month
$1,796/month
Two Bedroom
$2,174/month
$2,209/month
Three Bedroom
$3,646/month
$2,657/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Centennial We Think You'll Love
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Frequently Asked Questions
What is the average rent in Centennial?
The average rent in Centennial is $1,789 per month, which is 7.6% higher than the national average of $1,663.
What is the average rent for a house in Centennial?
The average rent for a house in Centennial, CO is $2,840 per month.
What is the average rent for a townhome in Centennial?
The average rent for a townhome in Centennial, CO is $2,228 per month.
What is the average rent for a condo in Centennial?
The average rent for a condo in Centennial, CO is $1,906 per month.
Are rents going up or down in Centennial?
Rents in Centennial, CO are decreasing, with prices down 1.1% year-over-year and $20 less per month.
What rent range is most common in Centennial?
In Centennial, CO, 52% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.