Last updated
Average Rent in Centennial, CO & Rent Trends
Rent prices and market trends across 4 apartment communities in Centennial, CO. Updated daily.
Market Average
$2,131/mo
Lowest Available
$1,453/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
37
available now
Price Cuts This Week in Centennial, CO
18 listed units across 2 buildings offering studio units in Centennial, CO dropped their asking rent in the past 7 days, an average cut of $52/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Dove Valley | Unit 10 | $2,092 | $2,005 | $87 |
| Dove Valley | Unit 11 | $2,117 | $2,030 | $87 |
| Dove Valley | Unit 12 | $2,087 | $2,000 | $87 |
| Dove Valley | Unit 3 | $2,212 | $2,125 | $87 |
| Dove Valley | Unit 5 | $2,162 | $2,075 | $87 |
| Dove Valley | Unit 6 | $2,352 | $2,265 | $87 |
| Dove Valley | Unit 8 | $1,972 | $1,885 | $87 |
| Hensley at the District | Unit 9, B3 | $2,735 | $2,682 | $53 |
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 |
|---|---|---|---|---|---|
| Southeast | $3,588 | - | $1,495 | 1 | 20 |
| Centennial 80112 | $2,524 | ▼ $70 | $1,453 | 4 | 128 |
| Parker 80138 | $2,034 | ▼ $80 | $1,666 | 1 | 17 |
| Centennial 80111 | $1,931 | ▼ $53 | $1,492 | 6 | 111 |
Is Rent Going Up or Down in Centennial, CO?
As of August 2026, the average rent in Centennial, CO is $2,131 per month across 4 apartment communities and 37 available units.
The most affordable option is Dove Valley starting at $1,453/mo. By unit type, a studio averages $2,131/mo.
Prices range from $1,453 to $11,670 per month. The most common price point is the $2,000 range, where 13 units are currently listed.
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 | $1,453/mo | $1,901/mo | 29 | 3.9 |
| One Seven at Belleview Station | $1,495/mo | $3,397/mo | 6 | 3.9 |
| Hensley at the District | $1,557/mo | $1,557/mo | 1 | 4.6 |
| Keene at the District | $1,766/mo | $1,766/mo | 1 | 4.9 |
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 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
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,131/mo.
Comfortable income
$102,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,453/mo), you need to earn at least $58,000/year.
Median household income in Centennial, CO is $128,167 , about 25% 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) | $2,131 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $6,704/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 4 communities with daily-updated pricing and availability.