Elevate - Denver
7338 S Havana St,
Centennial, CO 80112
1-3 Beds | $1,610 - $2,145
Rental Market Trends in Centennial, CO
What is the average rent in Centennial, CO?
$1,784/month
Average Rent
754 Sq Ft
Average Apartment Size
-2.9%
Decrease in the Last Year
As of January 2025, the average rent in Centennial, CO is $1,784 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Centennial rent prices are 15% higher than the national average. When you rent an apartment in Centennial, you can expect to pay about $1,608 per month for a studio, $1,784 for a one-bedroom apartment, and around $2,227 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,939 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Centennial, CO?
In the past year, rent has decreased by 2.9%, which averages out to $51 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Centennial, CO
Last Updated January 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
4%
$1,001 - $1,500/month
56%
$1,501 - $2,000/month
40%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Centennial?
Based on current rent prices, Willow Creek and West Centennial" are the most affordable neighborhoods in Centennial.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Centennial?
Based on current rent prices, West Centennial and Willow Creek" are the most expensive neighborhoods in Centennial.
Neighborhood
Average Rent
Average Sq Ft
Which Centennial neighborhoods have the most rentals available?
The neighborhoods in Centennial with the most apartments available are Willow Creek and West Centennial" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Centennial, CO?
Because the average rent in Centennial is $1,784, you’ll want to make about $5,946 per month or $71,352 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Centennial, CO compare to other nearby cities and neighborhoods?
Use the tool below to compare Centennial, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,670/month
$1,611/month
One Bedroom
$1,867/month
$1,643/month
Two Bedroom
$2,197/month
$2,372/month
Three Bedroom
$2,714/month
$3,132/month
Nearby City Rent Trends
Apartment communities in Centennial we think you'll love
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892,364
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Avenue5 Residential
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Holland Partner Group
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AMC
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672
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AMLI Residential
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54
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19,308
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29
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Embrey
-
28
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8,575
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18
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2 Communities in Centennial
Willow Bridge
-
680
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185,424
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311
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1 Community in Centennial
RPM
-
633
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166,339
Units
-
235
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1 Community in Centennial
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.