What is the median rent in Centennial, CO?

Name: Median rent in Centennial, CO, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Centennial, CO is $2,148 (±$63) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 7,949 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Centennial, the median gross rent went from $1,740 in 2015–2019 to $2,148 in 2020–2024 (+23.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,148 (±$63)
Rented homes: 7,949 (±567)
$2,000 or more: 59.4%
Since 2015–2019: +23.4%

How much rent costs in Centennial

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Centennial	Arapahoe County	Colorado	United States
Less than $500	0.3% (±0.3 points)	1.9%	4.3%	6.3%
$500 to $999	1.2% (±1.0 points)	2.7%	8.7%	20.2%
$1,000 to $1,499	6.2% (±2.3 points)	18.7%	21.7%	28.1%
$1,500 to $1,999	33.1% (±4.4 points)	34.2%	29.2%	21.1%
$2,000 to $2,499	31.6% (±4.3 points)	23.8%	20.0%	12.0%
$2,500 to $2,999	13.3% (±2.9 points)	11.4%	8.7%	5.5%
$3,000 or more	14.5% (±3.4 points)	7.4%	7.3%	6.8%

The most common range is $1,500 to $1,999, paid by 33.1% of renting households.

59.4% of rented homes in Centennial cost $2,000 or more a month.

Centennial against Arapahoe County, its state and the nation

Estimate (90% margin of error)
	Centennial	Arapahoe County	Colorado	United States
Median gross rent	$2,148 (±$63)	$1,891 (±$21)	$1,761 (±$7)	$1,413
Rented homes paying rent	7,949 (±567)	88,479 (±1,934)	776,071 (±6,486)	42,849,984

In Centennial, median gross rent is higher than in Arapahoe County ($1,891).

It is also higher than in Colorado ($1,761).

It is higher than the national figure ($1,413).

In Arapahoe County, Centennial ranks 3 of 16 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 36 of 297.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Centennial has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,740 (±$41)	$2,148 (±$63)	+23.4%	No measurable change after inflation
Households that rent	17.8% (±1.0 points)	19.4% (±1.3 points)	+1.6 percentage points	Not a measurable change
Rental vacancy rate	3.4% (±1.9 points)	3.2% (±1.8 points)	−0.2 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Centennial

Nearest places with a published estimate, compared with Centennial
Place	Distance	Median gross rent	Compared with this place
Centennial	—	$2,148 (±$63)	—
Inverness	1.0 mi	$2,242 (±$99)	Not measurably different
Cherry Creek	1.3 mi	$2,093 (±$194)	Not measurably different
Dove Valley	2.0 mi	$1,934 (±$124)	Lower
Acres Green	3.0 mi	$2,750 (±$134)	Higher
Greenwood Village	3.1 mi	$2,123 (±$79)	Not measurably different
Meridian	3.2 mi	$1,992 (±$107)	Lower
Lone Tree	4.2 mi	$2,139 (±$84)	Not measurably different
Meridian Village	4.8 mi	$3,071 (±$1,233)	Not measurably different

Nearby places with a measurably lower figure: Dove Valley, CO ($1,934), Meridian, CO ($1,992).

Nearby places with a measurably higher figure: Acres Green, CO ($2,750).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Arapahoe County, place by place

Rank	Place	Median gross rent
1	Bow Mar	$3,500 or more
2	Inverness	$2,242 (±$99)
3	Centennial	$2,148 (±$63)
4	Greenwood Village	$2,123 (±$79)
5	Cherry Creek	$2,093 (±$194)
6	Dove Valley	$1,934 (±$124)
7	Aurora	$1,835 (±$26)
8	Four Square Mile	$1,833 (±$56)
9	Littleton	$1,819 (±$49)

Showing 9 of 16 places in Arapahoe County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Centennial

What is the average rent in Centennial, CO?

The Census Bureau publishes the median rather than the average: the median gross rent in Centennial is $2,148 (±$63) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Centennial?

In Centennial, the median gross rent went from $1,740 in 2015–2019 to $2,148 in 2020–2024 (+23.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Centennial cost more than $2,000 a month?

59.4% of rented homes in Centennial have a gross rent of $2,000 or more a month, and 0.3% cost less than $500.

Is rent in Centennial higher than in Arapahoe County?

In Centennial, median gross rent is higher than in Arapahoe County ($1,891).

It is also higher than in Colorado ($1,761).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Centennial city, Colorado (place:12815, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.