Real Estate Investing in Centennial, Colorado (80122)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80122 (Centennial, CO)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Centennial, CO (80122)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80122 Centennial
Not every below-median market is a bargain. Centennial's 80122 ZIP comes in at signals that favor experienced operators who can absorb the risk $629K pricing implies.
From a cash-flow lens, the numbers look inviting — $629K purchase price, 0.0% nominal cap — the work to hit that pro forma in 80122 is substantial and deserves full respect.
The gap between 80122 and stronger Centennial ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Stepping back, 31,575 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Centennial:
Property Strategy for 80122
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $226,310 | $2,010 | 6.4% | +4.3% | $226,310 |
| 2BR | $370,738 | $2,400 | 4.7% | +3.9% | $185,369 |
| 3BR | $568,207 | $3,140 | 4.0% | +4.7% | $189,402 |
| 4BR | $708,381 | $3,500 | 3.6% | +5.3% | $177,095 |
| 5BR | $812,260 | — | — | +6.1% | $162,452 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80122 Compare?
| Metric | 80122 | Centennial | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $629,156 | $618,213 | N/A | $535,778 |
| 5-Year CAGR | 2.2% | 1.9% | N/A | 4.9% |
| Avg Rent | $2,386 | $2,388 | N/A | - |
| Cap Rate | 3.0% | 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 80122 (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 | $629,156 |
| Monthly Rent | $2,386 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 5.1% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 80122
Population: 31,575
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 80122
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Field Elementary School
Littleton Academy
Littleton Prep Charter School
Euclid Middle School
Gudy Gaskill Elementary
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
Investor Insight: With 4,808 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Centennial, CO?
Centennial, CO median home values land near $629K. That is reasonable territory for investors looking at $2,386/mo-per-month rentals.
What kind of tenants rent in Centennial, CO?
Working renters make up the core of the Centennial, CO tenant base. The pool is reasonable for investors targeting long-term holds.
What is the typical rental rate in Centennial, CO?
Rental rates in Centennial, CO average $2,386/mo. Tenant demand and $629K home values make the yield look reasonable by investor standards.
Are eviction rules reasonable in Centennial, CO?
CO ranks as a landlord-friendly state for landlord-tenant law. Centennial generally follows the statewide framework, so landlords face reasonable operating rules.
Does house hacking make sense in Centennial, CO?
Centennial, CO offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,386/mo rent level.
You know 80122 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80122 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 80122 ranks in Denver-Aurora-Lakewood, CO
Every ZIP in this metro, ranked. Free.
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