Rentometer, Inc. | Data as of 10/23/2025
Centennial’s rental market blends the convenience of a thriving Colorado suburb with a diverse array of housing options, from modern apartment complexes to well‑maintained single‑family homes. Prospective renters will find studios and one‑bedroom apartments typically priced in the $1700‑$1900 range, while larger two‑ and three‑bedroom units often sit in the $2400‑$3000 bracket, reflecting the area’s strong demand for spacious, family‑oriented living spaces. Single‑family houses start in the $1500s for one‑bedroom layouts and rise into the $3300‑$3500 range for four‑plus bedrooms, offering generous floor plans for those seeking a more private setting. These price points make Centennial an attractive choice for young professionals, growing families, and retirees alike.
Beyond the numbers, Centennial boasts a vibrant community anchored by popular neighborhoods such as Castle Pines, Heritage Lakes, and Fox Ridge, each offering easy access to parks, trails, and top‑rated schools. The city’s proximity to Denver International Airport, the bustling Centennial Center, and a variety of shopping and dining destinations adds to its appeal, while excellent transit connections and bike‑friendly routes enhance mobility. With a blend of affordable rentals, abundant amenities, and a welcoming atmosphere, Centennial continues to be a sought‑after destination for renters looking to enjoy Colorado’s high quality of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,739 | $1,710 | $1,521 - $2,240 | $1,575 - $1,750 |
| Apartment | 1 Bedroom | $1,869 | $1,862 | $850 - $2,795 | $1,639 - $2,051 |
| Apartment | 2 Bedroom | $2,449 | $2,443 | $1,595 - $4,066 | $2,100 - $2,715 |
| Apartment | 3 Bedroom | $2,843 | $2,700 | $845 - $4,765 | $2,295 - $3,225 |
| Apartment | 4+ Bedroom | $3,088 | $3,020 | $2,950 - $3,295 | $2,950 - $3,295 |
| House | 1 Bedroom | $1,543 | $1,560 | $900 - $2,153 | $1,500 - $2,153 |
| House | 2 Bedroom | $2,505 | $2,475 | $1,500 - $3,950 | $2,250 - $2,795 |
| House | 3 Bedroom | $2,956 | $2,927 | $1,750 - $4,195 | $2,700 - $3,199 |
| House | 4+ Bedroom | $3,552 | $3,372 | $2,500 - $9,000 | $2,995 - $3,849 |
In the current period, the average rent in Centennial was $1,739 for Studio, $1,856 for 1 Bedroom, $2,454 for 2 Bedroom, $2,934 for 3 Bedroom, and $3,313 for 4+ Bedroom.
Data provided by Rentometer, Inc.