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Average Rent in Centennial, CO & Rent Trends

Rent prices and market trends across 11 apartment communities in Centennial, CO. Updated daily.

Area All Areas
Centennial 8011180112
Parker 80138

Market Average

$2,312/mo

▲ +0.2% from last month

Lowest Available

$1,488/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

226

available now

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 $2,586 ▼  $143 $1,538 4 122
Parker 80138 $2,109 ▲  $65 $1,676 1 13
Centennial 80111 $1,974 ▲  $6 $1,488 6 91

Is Rent Going Up or Down in Centennial, CO?

As of July 2026, the average rent in Centennial, CO is $2,312 per month across 11 apartment communities and 226 available units. Rents have increased $5 (0.2%) over the past month.

The most affordable option is Copper Terrace starting at $1,488/mo. By unit type, a studio averages $1,819/mo, a 1-bedroom averages $1,989/mo, a 2-bedroom averages $2,886/mo, a 3-bedroom averages $2,334/mo.

Prices range from $1,488 to $4,461 per month. The most common price point is the $2,000 range, where 57 units are currently listed.

Centennial, CO Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $2,231 - 6
June 2026 $2,123 -$108 10
July 2026 $2,065 -$58 11

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Centennial, CO

Studio
$1,819
from $1,538 · 18 units
1 Bed
$1,989
from $1,488 · 117 units
2 Bed
$2,886
from $1,650 · 81 units
3 Bed
$2,334
from $1,930 · 10 units

Rent Prices by Apartment in Centennial, CO

Property Starting at Average Units Rating
Copper Terrace $1,488/mo $1,832/mo 21 3.4
Dove Valley $1,538/mo $1,816/mo 14 3.9
Promenade Place $1,585/mo $2,117/mo 22 4
Stratford Station Apartments $1,588/mo $1,790/mo 16 3.9
Camden Caley Apartments $1,607/mo $1,923/mo 13 4.3
Hensley at the District $1,659/mo $2,291/mo 11 4.6
Broadstone Wren $1,676/mo $2,109/mo 13 4.3

Frequently Asked Questions About Rent in Centennial, CO

What is the average rent in Centennial, CO?

The average rent in Centennial, CO is $2,312 per month as of July 2026, based on 226 units across 11 apartment communities.

Is rent going up or down in Centennial, CO?

Rent in Centennial, CO has increased $5 (0.2%) over the past month. The current average is $2,312/mo.

What is the cheapest apartment in Centennial, CO?

The most affordable apartment in Centennial, CO is Copper Terrace with units starting at $1,488/mo.

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

A 1-bedroom apartment in Centennial, CO averages $1,989/mo, with prices starting at $1,488/mo across 117 available units.

How many apartments are available in Centennial, CO?

There are 226 units available across 11 apartment communities 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

$92,000/year

Based on the 30 percent rule, using our tracked average rent of $2,312/mo.

Comfortable income

$111,000/year

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

To afford the cheapest tracked apartment ($1,488/mo), you need to earn at least $60,000/year.

Median household income in Centennial, CO is $128,167 , about 15% 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) $2,312
Utilities $628
Groceries $549
Transportation $1,497
Healthcare $730
Other goods and services $1,169
Estimated total $6,885/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.

Explore Centennial, CO Apartments

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