Real Estate Investing in Centennial, Colorado (80015)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80015 (Centennial, CO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
No major risk flags on the data we track.
What’s happening in Centennial, CO (80015)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80015 Centennial
ZIP 80015 in Centennial, CO carries a impressive set of headwinds. Home values near $547K and rents of $2,741/mo sit inside a market where underwriting has to be tight.
The 80015 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 80015 among CO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 80015 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 80015 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Centennial:
Property Strategy for 80015
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $217,266 | $2,070 | 6.9% | +3.2% | $217,266 |
| 2BR | $348,314 | $2,470 | 5.1% | +3.5% | $174,157 |
| 3BR | $509,855 | $3,230 | 4.6% | +4.6% | $169,952 |
| 4BR | $593,334 | $3,610 | 4.4% | +4.8% | $148,333 |
| 5BR | $678,400 | — | — | +5.2% | $135,680 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80015 Compare?
| Metric | 80015 | Centennial | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $546,950 | $618,213 | N/A | $535,778 |
| 5-Year CAGR | 1.6% | 1.9% | N/A | 4.9% |
| Avg Rent | $2,741 | $2,388 | N/A | - |
| Cap Rate | 3.9% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80015 (Centennial, CO). Anonymous, moderated, never written by AI.
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Property managers serving Arapahoe County
Manage rentals here? List your business →Accord Property Management provides HOA Management Services in Aurora, CO. summary from their website
Advance HOA provides professional HOA management and Metro District services in Colorado and Arizona. summary from their website
Dunmire Property Management offers professional management services for properties in Colorado Springs, including Creek View Apartments, The Hilltop At Valley Hi Apartments, and Gabion Apartments. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $546,950 |
| Monthly Rent | $2,741 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 80015
Population: 72,155
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 80015
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much is rent in Centennial, CO?
Investors in Centennial, CO typically see rents near $2,741/mo per month against $547K home values - a solid setup for rental cash flow.
How qualified is the tenant pool in Centennial, CO?
Tenant quality in Centennial, CO ranks as solid. Landlords generally report stable occupancy at market rents of $2,741/mo.
Which investment style suits Centennial, CO?
Centennial, CO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($547K prices, $2,741/mo rents) make it a reasonable choice.
What is the typical vacancy rate in Centennial, CO?
Vacancy risk in Centennial, CO is elevated. That supports measured cash flow for typical rental holds.
What does house hacking look like in Centennial, CO?
Centennial, CO offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,741/mo rent level.
You know 80015 now. You don’t know where it ranks.
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How 80015 ranks in Denver-Aurora-Lakewood, CO
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