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Average Rent in Centennial, CO

10 apartment buildings, 221 units. Real asking prices, refreshed daily.

Avg Rent

$2,342/mo

market average

Cheapest

$1,418/mo

Promenade Place

Properties

10

tracked daily

Units

221

available now

Centennial, CO Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 10 properties in Centennial, CO.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Centennial, CO Rent Prices

All 10 properties ranked by lowest available rent.

Explore Each Property

Centennial, CO Average Rent Prices 2026

The average rent in Centennial, CO is $2,342 per month, based on 221 units across 10 apartment communities. Prices range from $1,418 at Promenade Place to $1,899 at Aspendale Centennial.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,676/mo $1,525/mo 4
1 Bed $1,966/mo $1,418/mo 131
2 Bed $2,955/mo $1,544/mo 78
3 Bed $2,850/mo $2,226/mo 8

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Building Economics

How much do Centennial, CO apartments earn?

The 9 buildings we can estimate generate about $3.5M in rental revenue per month ($42M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Est. Occupancy Units
1.Aspendale Centennial $1.7M/mo 86% 660
2.Promenade Place $389K/mo 88% 210
3.Copper Terrace $365K/mo 93% 240
4.Camden Caley Apartments $313K/mo 88% 150
5.Stratford Station Apartments $214K/mo 89% 132

Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Centennial, CO, and what they pay

Tracked one-bedroom rent in Centennial, CO averages $1,966/mo, with two-bedroom units averaging $2,955/mo. At the local median household income of $128,167, that works out to 22% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Centennial, CO at $2,061/mo. The current tracked market average runs 14% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Centennial, CO while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Denver

Demand in the Denver rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Comcast
  • Arrow Electronics
  • Charter Communications

Mean one-way commute in Centennial, CO is 26 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$94,000/year

Based on the 30 percent rule, using our tracked average rent of $2,342/mo.

Comfortable income

$112,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,418/mo), you need to earn at least $57,000/year.

Median household income in Centennial, CO is $128,167 , about 14% above the comfortable-living threshold.

Cost of living in Centennial, CO

Overall prices in Centennial, CO runs above the national average by about 6% (BEA Regional Price Parity index 105.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Centennial, CO's regional price parities.

Category Monthly estimate
Rent (market average) $2,342
Utilities $628
Groceries $549
Transportation $1,497
Healthcare $730
Other goods and services $1,169
Estimated total $6,915/mo

Population

107,386

Median household income

$128,167

Census median rent

$2,061/mo

Rent as % of income

28.7%

Median age

41.8

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Colorado

How Centennial, CO rent compares to other markets in the state.

City Avg Rent vs Centennial, CO Properties
Denver, CO $2,271 -3% 100
Greeley, CO $1,526 -35% 12
Arvada, CO $2,187 -7% 11
Longmont, CO $2,142 -9% 10
Boulder, CO $2,853 +22% 10
Parker, CO $2,198 -6% 9

Frequently asked questions

What is the average rent in Centennial, CO?

The average rent in Centennial, CO is $2,342 per month, based on 221 units across 10 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Centennial, CO?

The lowest available rent in Centennial, CO starts at $1,418 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Centennial, CO?

1-bedroom apartments in Centennial, CO average $1,966/mo. The lowest listed 1-bedroom starts at $1,418/mo across 131 units tracked.

How much is a 2-bedroom apartment in Centennial, CO?

2-bedroom apartments in Centennial, CO average $2,955/mo. Units start from $1,544/mo across 78 units currently listed.

Rent Trends in Centennial, CO

Track how apartment prices are changing over time.

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