Last updated
Average Rent in Centennial 80111 & Rent Trends
Rent prices and market trends across 2 apartment communities in Centennial 80111, Centennial, CO. Updated daily.
Market Average
$2,638/mo
Lowest Available
$2,212/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Price Cuts This Week in Centennial 80111
15 listed units across 2 buildings offering 3 bed units in Centennial 80111 dropped their asking rent in the past 7 days, an average cut of $92/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Promenade Place | Unit 1725, D1R | $4,695 | $4,233 | $462 |
| Promenade Place | Unit 1120, A5 | $2,304 | $1,916 | $388 |
| Promenade Place | Unit 1104, A6 | $2,071 | $1,918 | $153 |
| Copper Terrace | Unit G106 | $1,630 | $1,536 | $94 |
| Promenade Place | Unit 1115, A5R | $2,311 | $2,256 | $55 |
| Promenade Place | Unit 1502, A6 | $2,193 | $2,148 | $45 |
| Promenade Place | Unit 1118, A2R | $1,828 | $1,790 | $38 |
| Copper Terrace | Unit C303 | $1,606 | $1,580 | $26 |
Centennial 80111 vs Centennial, CO Average
Centennial 80111 is more expensive the Centennial, CO average by $278/mo (12%). The citywide average is $2,360/mo across all neighborhoods.
Is Rent Going Up or Down in Centennial 80111?
As of July 2026, the average rent in Centennial 80111 is $2,638 per month across 2 apartment communities and 5 available units.
The most affordable option is Copper Terrace starting at $2,212/mo. By unit type, a 3-bedroom averages $2,638/mo.
Prices range from $2,212 to $4,233 per month. The most common price point is the $2,200 range, where 4 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Centennial 80111
Rent Prices by Apartment in Centennial 80111
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Copper Terrace | $2,212/mo | $2,239/mo | 4 | 3.4 |
| Promenade Place | $4,233/mo | $4,233/mo | 1 | 4 |
Frequently Asked Questions About Rent in Centennial 80111
What is the average rent in Centennial 80111?
Is rent going up or down in Centennial 80111?
What is the cheapest apartment in Centennial 80111?
How many apartments are available in Centennial 80111?
What salary do I need to live comfortably in Centennial 80111?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$106,000/year
Based on the 30 percent rule, using our tracked average rent of $2,638/mo.
Comfortable income
$127,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,212/mo), you need to earn at least $88,000/year.
Median household income in Centennial 80111 is $128,167 , about 1% above the comfortable-living threshold.
Cost of living in Centennial 80111
Overall prices in Centennial 80111 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 80111's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,638 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $7,211/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.
Google Search Trends for Centennial 80111 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Centennial 80111 Apartments
Browse all 2 communities with daily-updated pricing and availability.