Formed as recently as 2001, Centennial is a young city that is rapidly growing and becoming one of the most coveted areas outside of Denver. Named by residents for Colorado’s state nickname (also the year Colorado was admitted into the Union - 1876), Centennial is a city comprised of over 100,000 happy residents and picturesque landscapes.
Centennial was created with the idea of giving residents the best of both worlds
Formed as recently as 2001, Centennial is a young city that is rapidly growing and becoming one of the most coveted areas outside of Denver. Named by residents for Colorado’s state nickname (also the year Colorado was admitted into the Union - 1876), Centennial is a city comprised of over 100,000 happy residents and picturesque landscapes.
Centennial was created with the idea of giving residents the best of both worlds. Part city, part rural area, Centennial is based around friendly, community focused neighborhoods. It's also young enough to evolve. Centennial may not be steeped in history or filled with legends, but that's where you come in! Head out west, tap the Rockies and make history with the Colorado’s newest little city.
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Because Centennial was recently formed, it often shares zip codes, street names and areas with older Colorado towns such as Littleton, Englewood and Aurora. The city is also split in half (East and West) by I-25. With this in mind, certain zip codes (80016, for example) may come up as both Centennial and other Colorado towns.
Centennial 80016: Centrally located, this area is home to coveted neighborhoods such as Cherry Creek and plenty of recreational activities. Because of its proximity to the airport and downtown (about five to ten minutes away), this part of the city is steadily increasing in size. Residents flock here for the new single family homes and luxury style apartments. In fact, apartment living here is a bit like resort living, with upgraded amenities (fireplaces, indoor basketball gyms, concierge service, etc.), but with reasonable rents (one bedrooms for around $700-$900, depending on size and complex). Great for commuters (as it is close to the E470), living in central Centennial means never having to choose between city life and suburbia—here you're in the middle.
Centennial 80122: Located on the west side of town (and sharing a zip code with Littleton). Living areas consist mainly of medium sized single family homes (three-four bedrooms) and apartments. The beauty of this area is its proximity to great outdoor spaces ( including four parks and an open space) for nature lovers, hikers, runners and sportspeople to enjoy. The cost of living in this part of town is relatively affordable (two bedroom apartments for $875) and apartment life comes with a few amenities (fireplace, wifi). Living in this more western end of town allows residents the freedom to enjoy nightlife and shopping, as well as relax in nature.
Centennial 80111: The coveted neighborhoods in this eastern area tend to be single family homes (mostly larger) and apartment complexes. Additionally for those who like outdoor recreation, this end of town puts you in a prime location for biking, running, & hiking at one of the state or city parks. It's close to bars, restaurants and Denver Technological Center, as well as close to public transportation (RTD station and light rail station).
Centennial 80112/80122: Generally considered the city center or Downtown area (main street of Araphoe Rd.) of Centennial. Obviously, living here will put you in the prime location for nightlife, dining and entertainment. It's also a great location to live for those who have to commute to Denver for work, as it's only 20 minutes away from Downtown Denver via public transit or the highway. Golf courses, and parks are close by, as well. The homes in this area tend to be on the medium to larger side (built around 1994 or later) and apartments are often newer or renovated, featuring fireplaces, garages, fitness centers). Living here means there is always something to do, as you will be close to museums, downtown events and trails.
The climate here is of the four season variety, but plenty of snowfall occurs (average of 55 inches). Be sure wherever you call home in Centennial has heat, and if possible, a fireplace.
This new city is the ideal spot for the person who wants to revel in the Colorado ski season but doesn’t want the hustle and bustle of a busy, tourist town. Living here you can hide away in your own private sanctuary or actively enjoy outdoor life (the amount of parks here may be why Colorado is the leanest state in the country), day trips to Denver, and friendly neighborhoods. This is one place you will want to grow with.
The representation of ethnic minorities in Centennial is lower than the national average. The eight main ethnic groups that make up the population of Centennial are White (75.3%), Hispanic Or Latino (10.6%), Two Or More (5.8%), Asian (5.1%), Black Or African American (2.9%), Other (0.3%), American Indian Or Alaska Native (0.1%), and Native Hawaiian Or Other Pacific Islander (0%).
The representation of ethnic minorities in Centennial is lower than the national average. The eight main ethnic groups that make up the population of Centennial are White (75.3%), Hispanic Or Latino (10.6%), Two Or More (5.8%), Asian (5.1%), Black Or African American (2.9%), Other (0.3%), American Indian Or Alaska Native (0.1%), and Native Hawaiian Or Other Pacific Islander (0%).
These Centennial neighborhoods are insanely popular right now! Renters are hunting down properties in these places.
Searching for an apartment for rent in Centennial, CO? Look no further! Apartment List will help you find a perfect apartment near you. There are 122 available rental units listed on Apartment List in Centennial. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!
The average rent in Centennial is $1,622 for a studio, $1,723 for a one-bedroom apartment, and $2,174 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.
Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Centennial apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.
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Welcome to the Apartment List December 2024 Rent Report for Centennial, CO. Currently, the overall median rent in the city stands at $1,972, after falling 0.9% last month. Prices are now down 0.5% year-over-year. Read on to learn more about what’s been happening in the Centennial rental market and how it compares to trends throughout the broader Denver metro area and the nation as a whole.
The median rent in Centennial fell by 0.9% over the course of November, and has now decreased by a total of 0.5% over the past 12 months. Centennial’s rent growth over the past year has has outpaced the state average (-2.7%) and is similar to the national average (-0.6%).
Eleven months into the year, rents in Centennial have risen 1.3%. This is a similar rate of growth compared to what the city was experiencing at this point last year: from January to November 2023 rents had increased 1.2%.
If we expand our view to the wider Denver metro area, the median rent is $1,722 meaning that the median price in Centennial ($1,972) is 14.5% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at -3.3%, below the rate of rent growth within just the city.
The table below shows the latest rent stats for 19 cities in the Denver metro area that are included in our database. Among them, Highlands Ranch is currently the most expensive, with a median rent of $2,314. Englewood is the metro’s most affordable city, with a median rent of $1,483. The metro's fastest annual rent growth is occurring in Thornton (1.8%) while the slowest is in Greenwood Village (-5.8%).
You can also use the map below to explore the latest rent trends in the Denver metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List December 2024 Rent Report for Centennial, CO. Currently, the overall median rent in the city stands at $1,972, after falling 0.9% last month. Prices are now down 0.5% year-over-year. Read on to learn more about what’s been happening in the Centennial rental market and how it compares to trends throughout the broader Denver metro area and the nation as a whole.
Formed as recently as 2001, Centennial is a young city that is rapidly growing and becoming one of the most coveted areas outside of Denver. Named by residents for Colorado’s state nickname (also the year Colorado was admitted into the Union - 1876), Centennial is a city comprised of over 100,000 happy residents and picturesque landscapes.
Centennial was created with the idea of giving residents the best of both worlds
View Centennial City Guide
