Apartments for Rent in Centennial, CO

Prices and availability in Centennial, CO were last updated on 22 Aug 2026.

The best apartments in Centennial, CO are: Villas at Holly, Hensley at The District, Keene at The District, Parks Residential - Denver and Lyra Apartments.

The average rent in Centennial, CO is $2,050.

The price range for a studio apartment in Centennial, CO is between $1,553 and $3,563.

The price range for a 1-bedroom apartment in Centennial, CO is between $1,100 and $4,681.

The price range for a 2-bedroom apartment in Centennial, CO is between $1,100 and $5,735.

The price range for a 3-bedroom apartment in Centennial, CO is between $1,635 and $6,089.

In Centennial 19% of the housing is rented out compared to 81% of homes are owned, according to the most recent Census Bureau estimates. 25% of Centennial's apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 22% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Centennial are about 18 years old, on average. Of these, 79% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 94% of the rental communities here are low-rise, garden-style communities, 16% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Centennial come in a range of sizes and floorplans. Studio apartments represent 1.0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 50% of the total apartments in the city, while 2-bedroom floorplans represent around 42% of all rentals in Centennial. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.