Renting in Centennial

Rental figures for Centennial genuinely disagree by a wide margin -- from roughly $2,043 to $2,897 across sources reviewed this session -- and even the lower end runs above the rent figures documented for Arvada and Westminster in this dataset.

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A genuinely wide cross-source spread, and higher than the other two Colorado suburbs in this batch

One source cited the average apartment rent at $2,043; a second cited $2,063 (up 2.17% year-over-year); a third, notably higher figure cited $2,897 -- a real, wide spread disclosed rather than averaged. By unit size, one source cited $1,934 for a 1-bedroom and $2,550 for a 2-bedroom. Even the low end of this range runs above the rent figures documented for both Arvada and Westminster elsewhere in this dataset.

A real, disclosed year-over-year increase, unlike the softening seen in Arvada and parts of Westminster

One source cites Centennial rent up 2.17% year-over-year -- a real, disclosed contrast with the year-over-year rent declines documented for Arvada and at least some Westminster readings, worth surfacing directly rather than assuming a uniform metro-wide rental trend.

Renting offers a lower-commitment way to access Centennial's higher-income area without the full purchase price

Renting avoids the genuinely high $600K-$641K purchase-price band while still providing access to Centennial's real corporate-employer proximity (Arrow Electronics, United Launch Alliance) and light rail access.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.