What percentage of people rent in Centennial, CO?
19.4% (±1.3 points) of the occupied homes in Centennial, CO are rented (2020–2024 American Community Survey).
That is 8,203 renting households against 34,030 that own their home.
In Centennial, the share of households that rent went from 17.8% in 2015–2019 to 19.4% in 2020–2024 (+1.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 19.4% (±1.3 points)
- Renting households
- 8,203 (±570)
- Median renter income
- $86,880 (±$3,873)
Who rents and who owns in Centennial
| Centennial | Arapahoe County | Colorado | United States | |
|---|---|---|---|---|
| Renter-occupied share | 19.4% (±1.3 points) | 35.3% (±0.8 points) | 33.8% (±0.3 points) | 34.8% |
| Renting households | 8,203 (±570) | 90,698 (±1,957) | 802,483 (±6,593) | 45,017,354 |
| Owning households | 34,030 (±762) | 166,534 (±2,086) | 1,571,735 (±8,198) | 84,210,142 |
| Average renter household size | 2.1 (±0.1) | 2.3 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.0) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $86,880 (±$3,873) | $67,407 (±$2,018) | $63,537 (±$555) | $52,966 |
| Median owner household income | $148,907 (±$5,152) | $127,117 (±$1,810) | $117,732 (±$838) | $100,009 |
In Centennial, the renter share is lower than in Arapahoe County (35.3%).
It is also lower than in Colorado (33.8%).
It is lower than the national figure (34.8%).
In Arapahoe County, Centennial ranks 12 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 245 of 339.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Centennial has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 17.8% (±1.0 points) | 19.4% (±1.3 points) | +1.6 percentage points | Not a measurable change |
| Median gross rent | $1,740 (±$41) | $2,148 (±$63) | +23.4% | No measurable change after inflation |
| Median household income | $109,324 (±$2,318) | $131,928 (±$5,953) | +20.7% | No measurable change after inflation |
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.
Households that rent in places near Centennial
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Centennial | — | 19.4% (±1.3 points) | — |
| Inverness | 1.0 mi | 82.3% (±6.5 points) | Higher |
| Cherry Creek | 1.3 mi | 20.2% (±3.8 points) | Not measurably different |
| Dove Valley | 2.0 mi | 66.0% (±8.6 points) | Higher |
| Acres Green | 3.0 mi | 14.4% (±10.0 points) | Not measurably different |
| Greenwood Village | 3.1 mi | 35.9% (±3.3 points) | Higher |
| Meridian | 3.2 mi | 85.9% (±4.7 points) | Higher |
| Foxfield | 4.2 mi | 0.8% (±3.0 points) | Lower |
| Lone Tree | 4.2 mi | 45.5% (±4.6 points) | Higher |
Nearby places with a measurably lower figure: Foxfield, CO (0.8%).
Nearby places with a measurably higher figure: Inverness, CO (82.3%), Dove Valley, CO (66.0%), Greenwood Village, CO (35.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Arapahoe County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Englewood | 50.8% (±2.4 points) |
| 7 | Sheridan | 41.0% (±7.2 points) |
| 8 | Littleton | 38.8% (±2.1 points) |
| 9 | Aurora | 37.6% (±1.0 points) |
| 10 | Greenwood Village | 35.9% (±3.3 points) |
| 11 | Cherry Creek | 20.2% (±3.8 points) |
| 12 | Centennial | 19.4% (±1.3 points) |
| 13 | Holly Hills | 17.4% (±6.5 points) |
| 14 | Byers | 16.4% (±8.8 points) |
| 15 | Deer Trail | 13.7% (±7.2 points) |
| 16 | Strasburg | 12.1% (±6.3 points) |
| 17 | Cherry Hills Village | 3.0% (±2.7 points) |
| 18 | Columbine Valley | 2.4% (±2.2 points) |
Showing 13 of 20 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
How many renters are there in Centennial?
Centennial has an estimated 8,203 (±570) renting households, 19.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Centennial?
In Centennial, the share of households that rent went from 17.8% in 2015–2019 to 19.4% in 2020–2024 (+1.6 percentage points), not a measurable change.
How big are renting households in Centennial?
A renting household in Centennial has 2.1 people on average, against 2.6 in an owned home.
How much do renters earn in Centennial?
The median renting household in Centennial, CO has an income of $86,880 (±$3,873) a year, against $148,907 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Centennial city, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Centennial city, Colorado
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Centennial city, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Centennial city, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Centennial city, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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.
Figures last updated on .
Related
- Housing in Centennial at a glance
- Median rent in Centennial
- Rent by bedrooms in Centennial
- Rent burden in Centennial
- Income and affordability in Centennial
- Home values in Centennial
- Homeowner costs in Centennial
- Property taxes in Centennial
- Types of homes in Centennial
- Bedrooms in Centennial
- Age of homes in Centennial
- Vacancy rate in Centennial
- Heating fuel in Centennial
- Commute and cars in Centennial
- Population growth in Centennial
- How long people stay in Centennial
- Crowding and facilities in Centennial
- Colorado landlord and tenant rules
- Housing across Arapahoe County
- Colorado places ranked by share of renters
- Housing data for every place in Colorado