Rent to own Homes in Centennial, CO

At its inception in 2001, Centennial became the largest new incorporation in United States history, with a population just over 100,000 residents. The city is geared to be bike- and pedestrian-friendly, boasting spectacular trail routes where people can get out and enjoy mountain views and summer shade and local ordinances establishing more street legal bike lanes. As a high-tech and environmentally-minded community, the home of the Denver Tech Center is often reminiscent of the Pacific Northwest.

Centennial, CO is a great place for affordable rent-to-own homes! With a median household income of over $109,767 and a median rent of $1,728, the Centennial, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Centennial, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Centennial, CO rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
6800 S PENROSE CT
Rent To Own
Southglenn
Single Family Home
Centennial, CO 80122
9
5
4762 ft2
1960
New
14601 E HAMPDEN PL
Rent To Own
Meadow Hills
Single Family Home
Aurora, CO 80014
10
6
4691 ft2
1974
1 of 9 8060 e girard avenue
Rent To Own
 
Single Family Home
Denver, CO 80231
1
1
0 ft2
Hot
3144 S WHEELING WAY #410
Rent To Own
Heather Gardens
Townhouse/Condo
Aurora, CO 80014
3
3
2145 ft2
1973
1 of 15 9127 Anaszai Indian Way
Rent To Own
Westridge
Multifamily (2 - 4 Units)
Highlands Ranch, CO 80129
3
3
2044 ft2
1998
1 of 31 10570 WINTERFLOWER WAY
Rent To Own
Stonegate
Single Family Home
Parker, CO 80134
4
4
3114 ft2
1992
1101 S SALIDA WAY
Rent To Own
Aurora Highlands
Single Family Home
Aurora, CO 80017
4
2
2000 ft2
1979
New
1 of 18 5995 w hampden avenue
Rent To Own
Bear Valley
Single Family Home
Denver, CO 80227
1
1
0 ft2
21401 E 47TH AVE
Rent To Own
Green Valley Ranch
Single Family Home
Denver, CO 80249
3
3
1709 ft2
2000
369 DOE CIR
Rent To Own
 
Single Family Home
Franktown, CO 80116
5
4
4992 ft2
1991
8337 W 69TH DR
Rent To Own
Scenic Heights
Single Family Home
Arvada, CO 80004
4
3
3450 ft2
1972
New
10505 W 78TH AVE
Rent To Own
Oak Crest
Single Family Home
Arvada, CO 80005
3
2
2043 ft2
1955
1 of 17 10211 ura lane
Rent To Own
 
Single Family Home
Thornton, CO 80260
2
2
0 ft2
11448 LARSON LN
Rent To Own
Northglenn
Single Family Home
Northglenn, CO 80233
4
2
1834 ft2
1964
Hot
311 E GENESEO ST
Rent To Own
 
Single Family Home
Lafayette, CO 80026
4
2
2886 ft2
1900
1 of 20 24403 MAIN ST
Rent To Own
 
Single Family Home
Elbert, CO 80106
2
1
1057 ft2
1978
New
1 of 32 10150 E VIRGINIA AVE
Rent To Own
Windsor
Townhouse/Condo
Denver, CO 80247
1
1
0 ft2
New
1 of 12 43 CIRCLE RD
Rent To Own
 
Single Family Home
Golden, CO 80403
1
1
568 ft2
1936
1 of 31 2334 SINTON RD
Rent To Own
Nobb Hill & Lodges
Single Family Home
Evergreen, CO 80439
1
1
224 ft2
1965
Hot
8245 S MARION WAY
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80122
4
5
3216 ft2
1996
7105 S GAYLORD ST #C1
Rent to Own Eligible
Southglenn
Townhouse/Condo
Centennial, CO 80122
2
1
957 ft2
1971
2580 E EASTER AVE
Rent to Own Eligible
The Knolls
Townhouse/Condo
Centennial, CO 80122
3
2
1253 ft2
1975
7694 S FRANKLIN WAY
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80122
3
3
1350 ft2
1973
New
2330 E FREMONT AVE #K19
Rent to Own Eligible
Southglenn
Townhouse/Condo
Centennial, CO 80122
1
1
806 ft2
1975
Hot New
5815 S PEARL ST
Rent to Own Eligible
 
Townhouse/Condo
Centennial, CO 80121
2
3
1164 ft2
1969
7165 S GAYLORD ST #E07
Rent to Own Eligible
Southglenn
Townhouse/Condo
Centennial, CO 80122
2
1
957 ft2
1971
New
324 E ORCHARD RD
Rent to Own Eligible
 
Townhouse/Condo
Centennial, CO 80121
3
3
1619 ft2
2022
8274 S GAYLORD CIR
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80122
2
3
1487 ft2
1988
New
8505 E TEMPLE DR #509
Rent to Own Eligible
Hampden South
Townhouse/Condo
Denver, CO 80237
2
3
1931 ft2
1987
7457 E EASTER PL
Rent to Own Eligible
Walnut Hills
Single Family Home
Centennial, CO 80112
4
5
1664 ft2
1973
New
9019 E PANORAMA CIR #D-401
Rent to Own Eligible
I 25 Corridor
Townhouse/Condo
Englewood, CO 80112
2
2
1032 ft2
2007
New
6752 S CHERRY ST
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80122
2
2
1681 ft2
1965
New
6844 S BROADWAY
Rent to Own Eligible
Southglenn
Townhouse/Condo
Centennial, CO 80122
3
4
1714 ft2
1973
New
5960 E FAIR AVE
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80111
5
4
2985 ft2
1968
400 E FREMONT PL #206
Rent to Own Eligible
South Littleton
Townhouse/Condo
Centennial, CO 80122
2
2
1180 ft2
2019
394 E HIGHLINE CIR
Rent to Own Eligible
Southglenn
Townhouse/Condo
Centennial, CO 80122
3
4
1754 ft2
1971
400 E Fremont Pl
Rent to Own Eligible
South Littleton
Townhouse/Condo
Centennial, CO 80122
3
2
1292 ft2
2019
5315 S WASHINGTON ST
Rent to Own Eligible
Greenwood Village
Single Family Home
Littleton, CO 80121
3
3
1040 ft2
1954
8505 E TEMPLE DR #450
Rent to Own Eligible
Hampden South
Townhouse/Condo
Denver, CO 80237
2
3
2702 ft2
1984
New
611 E HINSDALE AVE
Rent to Own Eligible
South Littleton
Single Family Home
Littleton, CO 80122
3
3
2038 ft2
2016
New
6139 S ADAMS DR
Rent to Own Eligible
 
Single Family Home
Centennial, CO 80121
3
4
1996 ft2
1963
New
8119 S FILLMORE WAY
Rent to Own Eligible
 
Townhouse/Condo
Centennial, CO 80122
2
3
1064 ft2
1984
7608 S ROSEMARY CIR
Rent to Own Eligible
Willow Creek
Single Family Home
Centennial, CO 80112
3
4
1887 ft2
1975
6380 S BOSTON ST #203
Rent to Own Eligible
 
Townhouse/Condo
Greenwood Village, CO 80111
2
2
863 ft2
1988
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Buying a Home in Centennial, CO

Centennial, CO is seeing rapid growth and Centennial, CO's' housing market remains not optimal with an average home price that is 111% above the 2024 national average. Centennial, CO is part of Arapahoe county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Arapahoe is 0.67% which is below the national average, which is 0.99%.

Median Home Price in Centennial, CO

Median Rent in Centennial, CO

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Centennial CO

Housing Statistics Centennial is rebounding nicely from the real estate downturn with prices and home sales on the rise. The Denver metro area was hit fairly hard and has a lot of ground to make up, but there are positive trends. Centennial saw a 4.6 percent increase in median home sale price over the last year. Even more impressive, home sales increased 36 percent as 823 sales were completed, a number not likely to include the growing instances of rent to own houses. The vacancy rate for apartments is running at 6 percent and vacant housing rate is lower, coming in at 3.5 percent. Rental properties continue to be an option for buyers with typical renters not yet a strong market in the city. Fewer than 15 percent of total housing units are rental properties.

Outdoor Activities Colorado, in general, is a state whose residents enjoy a much focused interest in outdoor activities. Centennial, as a new city, has taken that charge with enthusiasm. With 500 acres of parks, 800 acres of open land and roughly 50 miles of trails, there are ample opportunities for residents to get out and get active on pedal, by foot or on horseback. The Centennial Center Park is an 11-acre park that hosts large events, especially ones catered toward families. The area has a thriving winter sports community once snow falls as well. The High Line Canal trail is 66 miles from start to finish, following a former service road beside an irrigation canal. It winds through several communities and established stands of trees that offer cool shade in the summer and a tranquil backdrop in the winter, while the grandeur of the Rocky Mountains and everything from extreme mountain biking to world-class skiing are just a short drive to the west.

Arts and Culture As a new city, Centennial began without much structure when it came to arts and culture but that gap is soon to close. Picture Centennial is a new city program highlighting local artists and those whose work focus on the area. The inaugural featured artist, Laurie Mohlenkamp, is a professional photographer who focuses on landscape images. In addition to promoting the arts, the city's master plan focuses on creating an outdoor-oriented culture that is environmentally responsible. Centennial Center Park is the epicenter of that focus. It features shelters with gas fireplaces, a spray park, coffee shelters with stool seating and a 3,000 seat amphitheater for open-air presentations and concerts.

Neighborhoods The city limits of Centennial are winding and uneven, following the flow of developments that were more a condition of urban sprawl. Exploring Centennial's different developments will help homeowners decide just which neighborhood is best for the suburban lifestyle they are seeking. A couple neighborhoods are described here: