Centennial city, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Centennial city, Colorado rental market.
Centennial city, Colorado
Average Apartment Rent
$1,636
Y-o-Y Change in Apartment Rent
0%
Compared to a year ago, Centennial city, Colorado apartments have recorded a 0% rent increase.
Centennial city, Colorado |Median apartment rent trend
Centennial city, Colorado| Average apartment rent by city
Centennial city, Colorado | Apartment rent ranges
At 51.53%, apartments priced $1,500 - $2,000 represent the bulk of Centennial city, Colorado rentals, while condos priced over $2,000 hold the lowest share of the market – 11.61%.
Centennial city, Colorado | Housing tenure
Renters take up 18% of Centennial city, Colorado real estate, occupying a total of 6,948 units, while homeowners live in 32,753 properties.
Median number of rooms of renter-occupied housing units
4.8
Renter Median household income
$72,266
Average household size of renter occupied-housing units
2.57
Rental vacancy rate
4.6%
Centennial city, Colorado | Renter-occupied housing units by no. of bedrooms
There are 2,176 rentals in Centennial city, Colorado with 2 beds making up the highest share of the market, at 31%. Units with no bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 206 units. Overall, the median number of rooms in Centennial city, Colorado homes for rent is 4.8.
Centennial city, Colorado |Renter-occupied units by age of householder
Most condos for rent in Centennial city, Colorado are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Centennial city, Colorado | Renter-occupied housing units by family type
Centennial city, Colorado | Renter-occupied housing units by the presence of own children
A total of 4,031 apartments for rent in Centennial city, Colorado, or 58% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 2,496 units. All in all, the median size of a renter-occupied household in Centennial city, Colorado is 2.57.
Centennial city, Colorado | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Centennial city, Colorado.
Centennial city, Colorado | Renter-occupied units by year structure built
The highest share of Centennial city, Colorado apartment rentals, namely 24% or 1,698 units, were built 1980 - 1989, followed by those built 1990 - 1999 (22%, 1,539 units), and the ones built 1970 - 1979 (20%, 1,371 units).
Centennial city, Colorado | Renter-occupied units by year householder moved in
Median year renter moved into unit2014
Most Centennial city, Colorado renters (42%) moved in 2010 to 2014, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Centennial city, Colorado condos for rent is 2014.
Centennial city, Colorado | Renter-occupied housing units by vehicles available
When it comes to transportation options, 39% of Centennial city, Colorado renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 12% have 3 vehicles available.
Centennial city, Colorado | Means of transportation to work of householders living in renter-occupied housing units
Centennial city, Colorado |Geographical mobility in the past year for householders living in renter-occupies housing units
Centennial city, Colorado | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Centennial city, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
Average single family rent calculated from point2homes.com data.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates
