Centennial, Colorado Short Term Rental Regulations

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Reviewed by Derick Hargrave

Last updated August 23, 2023

Centennial Short-Term Rental Regulations

Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.

City Code of Ordinances

Centennial regulates short-term rental and defines a short-term rental as residential living spaces available to rent for short amounts of time. Shorter than a traditional lease, these range from 1-29 days. Short-term rentals are also commonly called vacation rentals.

Centennial has a maximum occupancy limit of 2 STR renters per bedroom, with 8 renters per property. No gathering can have attendees greater in number than two times the relevant occupancy limit (ex., no more than 12 in attendance in a three-bedroom house).

STRs are not allowed in accessory dwelling units (ADUs). See Centennial Ordinance and Centennial Short-Term Rental (STR) Rules & Regulations for more information. 

Business License Requirements

All STRs in the City of Centennial must maintain an active STR license with the City.

Building and Housing Standards

Centennial has rules and regulations that specify minimum building, design, maintenance standards, habitability, health, and safety requirements. Some rules and regulations that apply to residential and non-residential properties may apply to your listing. Consult the Centennial Building Division for more information.

Tourist and Local Taxes

Short-term rentals might also be subjected to the city, state, and county sales tax and are liable for payment as established by the city, state and county law.

Other Rules

STR properties are required to provide (2) off-street parking spaces for renters. Centennial Neighborly Renter Rules must be posted near the front door of the rental property, and another laminated copy must be left in a prominent place in the kitchen. Each neighbor with an adjoining property or across the street must be provided with the Centennial Neighborly Owner Contact Handout
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  • Short Term City Rating
    5.8
  • Competition

    6.3
  • Real Estate Cost

    4.2
  • STR Regulations

    8.0
  • Seasonality

    5.4
  • Rental Rates

    5.0

Centennial, Colorado Quick Stats

Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.

Population
108,418
STR License Required
Yes
Tourist Season
County
Arapahoe
Airports
Denver International Airport (DEN)
Colorado Springs Airport (COS)
Review our Centennial Colorado short-term rental analytics guide, including rates, property types and other metrics

Want to learn more about Centennial?

Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.

Check out our Centennial rental analytics guide if you're interested in data on the Centennial rental market.

City Activities

Review the popular activities that hosts include in their property positing in Centennial.

City Attractions

The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.

Centennial Rental Rates & Fees

Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.

Property Types & Sizes

What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Centennial guests.

Interested in other Colorado cities?

Check out the Colorado Airbnb rules directory 

What makes Centennial a great place to invest?

  1. Centennial, Colorado is a city that truly embodies the beauty and adventure of the great American West. With a thriving arts and culture scene, a variety of outdoor recreation opportunities, and a rich history that dates back to the days of the pioneers, Centennial is a must-visit destination for travelers from all walks of life.
  2. One of the city's most notable attractions is the South Suburban Parks and Recreation District, which offers a variety of outdoor recreation opportunities, including hiking and biking trails, fishing and boating, and an extensive network of parks and open spaces. With stunning views of the Rocky Mountains, this park is a true oasis in the heart of the city.
  3. Another must-visit attraction in Centennial is the Arapahoe Library District, which offers a wealth of resources for visitors of all ages, including books, films, and digital media, as well as a variety of programs and events that cater to families, children, and adults. Whether you're a history buff, an art lover, or just looking for a quiet place to read, this library is the perfect place to spend a few hours.
  4. If you're looking for even more adventure, Centennial is just a short drive from a variety of exciting attractions, including amusement parks, and natural wonders like the Rocky Mountain National Park. Whether you're seeking a bit of excitement or a peaceful escape from the city, Centennial has it all.

Centennial Nearby Cities

Local Real Estate

How expensive is the real estate in Centennial?

The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Centennial has decreased -3% over the past year, and the average price per square foot is $325, which is higher than the national average.

Median Sale Price

$664,192

-3% YoY

Median per Square Foot

$325

-4% YoY

Average Monthly Rent

$2,137

3% YoY

Property Descriptions

The most common terms hosts include in their listings for Centennial, Colorado

Word Cloud for Centennial, Colorado Short Term Rentals

Common terms for Centennial short term rental listings.

When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.

Some of the must-have elements of a property description include:

  • Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
  • Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
  • Informative: The average listing in Centennial has a description approximately 1,555 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.

After reviewing more than 1,381 listings in Centennial, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Denver, Easy, Basement, Quiet, Backyard, Patio, Downtown Denver, Light rail, Family, and Perfect.

What are the most popular tourist activities in Centennial?

Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Centennial involve Hiking, Adventure Activities, Museums, the Health Spa, and Cycling. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.

Hiking

Adventure Activities

Museums

Health Spa

Cycling

City Centre

Mountain Biking

Water Parks

Zoo

Outlet Shopping

Swimming

Antiquing

Local Attractions

What attractions do hosts highlight to guests?

There are quite a few popular attractions in Centennial, including 16th Street Mall, Denver Art Museum, Ball Arena, University of Denver, and Cherry Creek Shopping Center. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.

Well Known Attraction

Fiddler's Green Amphitheatre

Included on 54% of listings

Well Known Attraction

University of Denver

Included on 54% of listings

Well Known Attraction

Cherry Creek Shopping Center

Included on 53% of listings

Well Known Attraction

Denver Botanic Gardens

Included on 50% of listings

Well Known Attraction

Park Meadows Mall

Included on 49% of listings

Well Known Attraction

16th Street Mall

Included on 48% of listings

Well Known Attraction

Denver Museum of Nature and Science

Included on 46% of listings

Well Known Attraction

Elitch Gardens Theme Park

Included on 45% of listings

Well Known Attraction

Denver Art Museum

Included on 44% of listings

Regional Landmark

University of Denver

Included on 44% of listings

Well Known Attraction

Ball Arena

Included on 42% of listings

Regional Landmark

Cherry Creek Shopping Center

Included on 42% of listings

What’s the weather like in Centennial, Colorado?

The weather is generally milder than the national average, with an average high temperature of around 64°, while the average low is about 39°. It has normal rainfall, averaging about 10 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 19 inches per year. The humidity levels in Centennial are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.

Winter

December through February

23° Low 45° High

Precipitation
0.1"
Snowfall
6.7"
Muggy Days
0.0 days
Cloudiness
42%

Spring

March through May

37° Low 62° High

Precipitation
3.3"
Snowfall
7.1"
Muggy Days
0.0 days
Cloudiness
44%

Summer

June through August

58° Low 84° High

Precipitation
4.5"
Snowfall
0.0"
Muggy Days
0.0 days
Cloudiness
31%

Fall

September through November

39° Low 65° High

Precipitation
1.7"
Snowfall
4.8"
Muggy Days
0.0 days
Cloudiness
32%