Last updated
Average Rent in Centennial, CO & Rent Trends
Rent prices and market trends across 11 apartment communities in Centennial, CO. Updated daily.
Market Average
$2,360/mo
▼ 0.8% from last month
Lowest Available
$618/mo
cheapest unit on market
Communities
11
tracked daily
Units Listed
223
available now
Price Cuts This Week in Centennial, CO
34 listed units across 6 buildings in Centennial, CO dropped their asking rent in the past 7 days, an average cut of $79/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 |
| The Parc at Greenwood Village | Unit 9 | $2,142 | $1,776 | $366 |
| The Parc at Greenwood Village | Unit 10 | $2,562 | $2,330 | $232 |
| Promenade Place | Unit 1104, A6 | $2,071 | $1,918 | $153 |
| The Parc at Greenwood Village | Unit 6 | $2,532 | $2,436 | $96 |
| Copper Terrace | Unit G106 | $1,630 | $1,536 | $94 |
| Stratford Station Apartments | Unit 324, A1D | $1,881 | $1,806 | $75 |
Rent by Neighborhood in Centennial, CO
Compare average rent across Centennial, CO neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Centennial 80112 | $2,597 | ▼ $590 | $618 | 4 | 126 |
| Centennial 80138 | $2,222 | ▲ $12 | $1,768 | 1 | 11 |
| Centennial 80111 | $2,030 | ▼ $36 | $1,356 | 6 | 86 |
Is Rent Going Up or Down in Centennial, CO?
As of July 2026, the average rent in Centennial, CO is $2,360 per month across 11 apartment communities and 223 available units. Rents have decreased $18 (0.8%) over the past month.
The most affordable option is Dove Valley starting at $618/mo. By unit type, a studio averages $1,748/mo, a 1-bedroom averages $2,014/mo, a 2-bedroom averages $2,987/mo, a 3-bedroom averages $2,704/mo.
Prices range from $618 to $4,461 per month. The most common price point is the $2,000 range, where 47 units are currently listed.
Centennial, CO Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,231 | - | 6 |
| June 2026 | $2,123 | -$108 | 10 |
| July 2026 | $2,074 | -$49 | 11 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Centennial, CO
Rent Prices by Apartment in Centennial, CO
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Dove Valley | $618/mo | $1,761/mo | 14 | 3.9 |
| Copper Terrace | $1,356/mo | $1,815/mo | 18 | 3.4 |
| Keene at the District | $1,573/mo | $2,121/mo | 8 | 4.9 |
| Stratford Station Apartments | $1,584/mo | $1,831/mo | 14 | 3.9 |
| Promenade Place | $1,609/mo | $2,227/mo | 24 | 4 |
| Camden Caley Apartments | $1,657/mo | $1,974/mo | 15 | 4.3 |
| Hensley at the District | $1,744/mo | $2,450/mo | 11 | 4.6 |
Frequently Asked Questions About Rent in Centennial, CO
What is the average rent in Centennial, CO?
Is rent going up or down in Centennial, CO?
What is the cheapest apartment in Centennial, CO?
How much is a 1-bedroom apartment in Centennial, CO?
How many apartments are available in Centennial, CO?
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 $2,360/mo.
Comfortable income
$113,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($618/mo), you need to earn at least $25,000/year.
Median household income in Centennial, CO is $128,167 , about 13% 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) | $2,360 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $6,933/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, CO Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Centennial, CO Apartments
Browse all 11 communities with daily-updated pricing and availability.