ZIP 80121
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 80121 changed +14.9% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.
Rent has risen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($142,056) is $3,551 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,850).
3rd cheapest of 4 ZIP codes in Centennial.
ZIP 80113, 2 miles away, rents for 23% less ($1,900/mo), about $6,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80121. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 80121 (Centennial, CO) is majority owner-occupied, has a large retiree population, has a median income above the national average, 66.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80121 in Centennial, CO has changed in 5 years
On the earnings side, the typical household in ZIP 80121 in Centennial, CO now reports about $142,056, up from $112,568 in 2021. Renters now make up 12.9% of households, compared with 14.6% five years ago. College-educated residents now make up 66.2% of adults here, versus 61.8% in 2021.
Discussions about ZIP 80121
No discussions yet. Start the conversation.
Tips for renters in ZIP 80121
Last updated: October 17, 2026
ZIP code 80121 covers Centennial, CO. The median rent here is $2,477/mo as of October 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $1,950/mo.
At 21% of local median household income ($142,056/yr), ZIP 80121 ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.9% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 80121?
Is rent going up or down in ZIP 80121?
How does ZIP 80121 compare to other ZIPs in Colorado?
How does ZIP 80121 compare to the rest of Centennial?
At $2,477/mo, rent takes ~21% of ZIP 80121's median household income ($142,056/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.