Centennial, CO Rental Market Trends
The average rent for an apartment in Centennial is $1,636, a 2% increase compared to the previous year, when the average rent was $1,608.
Average Rent in Centennial, CO
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,636||2%||957 sq. ft.|
The average size for a Centennial, CO apartment is 957 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Centennial, CO Apartment Rent Ranges
- > $2,00012%
Centennial, CO Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
9,705 or 24% of the households in Centennial, CO are renter-occupied while 29,996 or 75% are owner-occupied.
Centennial, CO Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Centennial, CO By Neighborhood
|Ridgeview Hills North||$1,059|
|Saddle Rock Ranches||$1,551|
|Piney Creek Village||$1,551|
|Piney Creek Ranches||$1,551|
|Valley Country Club||$1,613|
|Ridgeview Hills South||$1,797|
The most affordable neighborhoods in Centennial are Broadway Estates, where the average rent goes for $1,059/month, Cherry Hills, where renters pay $1,059/mo on average, and Heritage Village, where the average rent goes for $1,059/mo. If you’re looking for other great deals, check out the listings from Ridgeview Hills North ($1,059), Southwood Park ($1,059), and Foxhill ($1,402), where the asking prices are below the average Centennial rent of $1,636/mo.
The most expensive neighborhoods in Centennial are Ridgeview Hills South ($1,797), Southglenn ($1,797) and Southwind ($1,797).
The most popular neighborhood in Centennial is Willow Creek, where there are 2 verified RENTCafé listings with an average rent of $1,653. Next up is Heritage Place, where apartments go for $1,769/month, followed by Highlands with $1,797 If you’re looking to rent in Centennial’s most popular neighborhoods, make sure to also check out Southglenn, where renters pay $1,797 on average, and Algonquin Acres, where the average monthly rent is $1,702.
Centennial | Rent Comparison by Neighborhood
Rent in Algonquin Acres is 10% higher than in Antelope
Algonquin Acres rent is 4% higher than Centennial average
Antelope rent is 5% lower than Centennial average
How Centennial Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Centennial rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!