Centennial, Colorado
Centennial property management with transparent pricing and local expertise
- Population
- 108,853 (2024 Census estimate)
- Average rent
- $2,067 avg. apartment rent (Sep 2026)
- Median home value
- $681,900 median (ACS 2024)
- County
- Arapahoe County
Centennial is a corporate-renter market. The city’s 108,853 residents live next to one of the metro’s densest office corridors, and the employer list shows it: Comcast is the largest local employer, Arrow Electronics is headquartered here, United Launch Alliance builds rockets here, and Centennial Airport supports aviation businesses. The Broncos’ Dove Valley facility sits nearby. That brings relocating professionals who want a quality house without buying in.
RentCafe’s September 2026 average apartment rent was $2,067, well above Denver’s average, and the median home value was $681,900 (ACS 2024). Yields are modest, but tenant quality and tenancy length tend to be strong, and Cherry Creek School District boundaries keep family demand steady. Most homes are 1970s through 1990s two-stories in established subdivisions like Willow Creek, Homestead and Walnut Hills, with newer product near Southglenn and IKEA.
Centennial has no long-term rental license or registration, so Colorado statutes set the baseline. The real local layer is HOAs: most subdivisions have covenants governing exterior paint, landscaping, parking and sometimes minimum lease terms, and fines for a tenant’s violation land on the owner. Aging roofs, hail claims, original windows and fall sprinkler blowouts are standard maintenance items. We review HOA rules before listing, write them into the lease and handle violation notices so they do not become owner surprises.
What drives rental demand in Centennial
- Comcast, the city’s largest employer
- Arrow Electronics headquarters
- United Launch Alliance
- Centennial Airport and the Tech Center office corridor
- Cherry Creek and Littleton school districts
Centennial neighborhoods and areas we serve
- Southglenn
- Willow Creek
- Homestead
- Walnut Hills
- Piney Creek
- Cherry Knolls
ZIP codes served: 80015, 80016, 80111, 80112, 80121, 80122.
Local knowledge
What Centennial landlords need to know
No long-term rental license
Centennial has no rental license or registration for long-term rentals. Colorado statutes govern deposits, late fees, pet deposits, notices and evictions. Verify with the city before buying, as metro rental rules continue to evolve.
HOA covenants drive compliance
Most Centennial subdivisions have HOAs with rules on landscaping, parking, trash and exterior changes, and some set minimum lease terms. Violations by tenants become owner fines, so we include HOA rules in the lease and respond to notices quickly.
Aging 1970s–1990s homes
Much of the stock is now 30 to 50 years old. Roof replacements after hail, original windows, furnaces and water heaters are the big-ticket items. Fall sprinkler blowouts prevent spring backflow repairs.
Quality listings win in a flat market
Metro vacancy was about 5.7% in Q3 2026, and most Denver-area submarkets saw flat or lower rents year over year. Centennial’s corporate renters compare carefully, so condition and accurate pricing decide your days on market.
Sources: RentCafe: Centennial average rent · Census Reporter: Centennial, CO
Services
Property management services in Centennial
Same published pricing in every city: 8% of collected rent, 50% leasing fee, no setup, vacancy or markup fees.
Full-Service Property Management
Full-service residential property management in Denver for 8% of collected rent. Leasing, rent collection, maintenance at cost, inspections, accounting and a 21-day leasing guarantee.
Learn moreTenant Placement
Lease-only tenant placement in Denver: pricing, photos, showings, full screening and a Colorado-compliant lease for a flat fee. Keep self-managing with a 6-month tenant guarantee.
Learn moreMultifamily Property Management
Multifamily property management in Denver for duplexes, fourplexes and apartment buildings up to 50 units. Per-unit pricing, leasing, turnovers, maintenance and investor-grade reporting.
Learn moreCondo & Townhome Management
Rental management for Denver condos and townhomes. We coordinate with your HOA, handle move-in rules and rental caps, and lease your unit to screened tenants for 8% with no junk fees.
Learn moreMaintenance & Inspections
Rental property maintenance in Denver with a 24/7 emergency line, licensed vendors billed at cost with zero markup, and documented move-in, annual and move-out inspections.
Learn moreAccidental Landlord Services
Relocating, deployed, or can't sell at your price? Denver Rental Managers turns your home into a hands-off rental: pricing, tenant placement, management and Colorado compliance for 8%.
Learn moreCentennial property management FAQs
How much does property management cost in Centennial?
Property management in Centennial costs 8% of collected rent with a $139 monthly minimum, and a leasing fee of 50% of one month’s rent when a tenant signs. We charge no setup fees, no vacancy fees and no maintenance markups. Lease renewals are a flat $199 on Full-Service and free on our Premier plan.
What local rules apply to Centennial rentals?
Centennial has no city rental license or registration, so HOA covenants are the main local rules. Most subdivisions regulate landscaping, parking, trash and exterior changes, and some require minimum lease terms. Tenant violations become owner fines. Colorado state law governs deposits, late fees, pet deposits and evictions, and you should verify city requirements before buying.
What does a house rent for in Centennial?
RentCafe reported an average apartment rent of $2,067 in Centennial in September 2026, above the Denver average of $1,922. Single-family homes in Cherry Creek School District boundaries usually rent higher than apartment averages. These figures are averages; size, updates, garage and school boundaries determine the rent for your specific home.
Who rents in Centennial?
Centennial renters are frequently relocating professionals working at Comcast, Arrow Electronics, United Launch Alliance or in the Tech Center, plus families choosing Cherry Creek schools. They expect updated finishes, home offices and responsive maintenance. Homes priced to current comparables usually lease within our 21-day guarantee window.
Ready to hand off your Centennial rental?
Get a free rental analysis for your property. We'll show you the rent it should earn, the plan that fits, and the exact fees, before you sign anything.