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Rental Market Trends in Centennial, CO

What is the average rent in Centennial, CO?

$1,816/month

Average Rent

752 Sq Ft

Average Apartment Size

-2.9%

Decrease in the Last Year

Centennial, CO Rental Market Overview

The average rent in Centennial, CO is $1,816 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Centennial rent prices are 10% higher than the national average.

  • Studio apartments in Centennial average $1,557 per month.
  • One-bedroom apartments in Centennial average $1,816 per month.
  • Two-bedroom apartments in Centennial average $2,306 per month.
  • Three-bedroom apartments in Centennial average $3,179 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,557/month
565 Sq Ft
One Bedroom
$1,816/month
752 Sq Ft
Two Bedroom
$2,306/month
1,096 Sq Ft
Three Bedroom
$3,179/month
1,606 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,607/month
1,547 Sq Ft
Three Bedroom
$3,131/month
1,811 Sq Ft
Four Bedroom
$3,638/month
2,714 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,842/month
742 Sq Ft
Two Bedroom
$2,093/month
1,116 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,314/month
1,135 Sq Ft
Three Bedroom
$2,912/month
1,657 Sq Ft

How much has average rent changed in Centennial, CO?

In the past year, rent has decreased by 2.9%, which averages out to $53 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Centennial, CO
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Centennial, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
4% $1,001 - $1,500/month
52% $1,501 - $2,000/month
44% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Centennial
$1,874/month
773 Sq Ft
Willow Creek
$1,879/month
754 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Willow Creek
$1,879/month
754 Sq Ft
West Centennial
$1,874/month
773 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" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Willow Creek
$1,879/month
754 Sq Ft
West Centennial
$1,874/month
773 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Centennial, CO?

Because the average rent in Centennial is $1,816, you’ll want to make about $6,053 per month or $72,636 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.

City

Centennial, CO

2,190 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Centennial, CO

Apartment Averages

West Centennial

Centennial, CO

Willow Creek

Centennial, CO

Studio
$1,572/month
$1,634/month
One Bedroom
$1,617/month
$1,862/month
Two Bedroom
$2,221/month
$2,234/month
Three Bedroom
$3,659/month
$2,476/month
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Nearby City Rent Trends

  • Greenwood Village Average Rent
  • Lone Tree Average Rent

Apartment communities in Centennial we think you'll love

IMT Cornerstar Ranch

IMT Cornerstar Ranch

16363 E Fremont Ave,
Aurora, CO 80016

$1,589 - $2,179 Total Monthly Price

1-3 Beds

Elevate - Denver

Elevate - Denver

7338 S Havana St,
Centennial, CO 80112

$1,654 - $2,309 Total Monthly Price

1-3 Beds

Atlas Peakview

Atlas Peakview

7800 E Peakview Ave,
Centennial, CO 80111

$1,430 - $3,539 Total Monthly Price

Studio - 3 Beds

The Orchards at Cherry Creek Park

The Orchards at Cherry Creek Park

6000 S Fraser St,
Aurora, CO 80016

$1,404 - $2,205 Total Monthly Price

1-3 Beds

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United States Colorado Centennial Rental Trends

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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity