Housing Cost and Availability in Centennial

null

The City of Centennial has launched a Housing Study to explore housing costs and availability in Centennial and to understand the entire spectrum of housing issues, define various needs for housing and identify priorities to potentially inform policy.

This study is a major undertaking that prioritizes community input and collaboration among a wide range of community stakeholders. It is anticipated to take one-year to complete this study.


Engage Today!

The City plans to send various communication such as e-newsletters to those willing to be involved and provide input and will include three major milestones:

  • Housing Needs Assessment
  • Public Engagement on Housing Strategies and Development of Housing Policy
  • Land Development Code modifications and other policy action

Did You Know? 

Approximately 78% of homes in the City of Centennial are single-family detached homes. For comparison, 50% of homes in the City of Lone Tree are single-family detached homes. 

Question of the Week

What types of housing options would you like to see more of in the City of Centennial? 

a)  Single-family detached homes

Null

b)  Duplexes or triplexes

Duplexes or Triplexes

c)  Townhomes

Null

d)  Multifamily apartments and condominiums

Multifamily apartments and condominiums

 

e)  Other

Tell us here.


Previous Questions of the Week


Week of May 2, 2022

Did You Know? Approximately 18% of homes in the City of Centennial are for-rent housing options. For comparison, 40% of homes in the City of Lone Tree are for-rent housing options.

Question: The City of Centennial has for-rent housing options that fit your income, needs, and lifestyle.

Agree? Disagree? You can still respond and tell us here.

Number of Responses Received (as of 5/20/2022): 25

Sample Responses:

“To afford rent in Centennial - as a single person - I have to work 2 jobs possibly even 3 jobs - - I don't have spouse and do not want roommates. Which unfortunately is the situation I had to go to in order to afford to rent. Rent in Colorado as a whole has gone up since the pandemic over 21%?! If you were not a home owner before, you can't even afford to become one now.”

"I am 77 and had looked for reasonable accommodations as a senior. 55 and over had cost of $2-3000. That would use my savings in a too short time.”

“Centennial has a severely inadequate supply of affordable rental units for low income and middle income residents and workers seeking to live where they work.”

“Perhaps I am reading into this too much, but I get the impression that you have an objective of increasing the amount of affordable housing in Centennial. I believe you should focus on improving the income levels of people so they can afford to live in Centennial. Work on attracting high paying jobs. Work on lowering taxes and inflation so people have more money in their pockets. Teach people how to save and spend their money wisely. Let’s not continue to enable poverty.” 

Week of April 18, 2022

Did You Know? Approximately 82% of homes in the City of Centennial are for-sale housing options. For comparison 60% of homes in the City of Lone Tree are for-sale options.

Question: The City of Centennial has for-sale housing options that fit your income, needs, and lifestyle.

Agree? Disagree? Tell us here.

Number of Responses Received (as of 5/20/2022): 52

Sample Responses:

“Centennial needs more rentals, more of a mix of housing at different price points and much more affordable housing, including low income housing options.”

“Less apartments and more options for people to buy in the community. Owners are going to have more at stake than someone looking for the cheapest rent for a few years.”

“We are newly retired, have good retirement income but still, if we had to move now, we would be lucky to find anything to fit our income and future aging needs. I don't even think this is an opinion…”

Upcoming Events

Housing Workshops

The second of three housing workshops is scheduled for August 9. More details will be shared here as they are available. 


City Community Events

Look for the Housing booth at Centennial’s summer socials and events at Centennial Center Park. 

Visit Community Events

Past Housing Working Group Presentations

Who's Involved?

In addition to open public outreach, four formal groups/types of groups will be convened over the next year to help guide the Housing Study process. Learn about who's involved and more here.

Past Housing Workshop Presentations:

Past Housing Workshop Presentations

On May 17, the Housing Study held the first of three public workshops. This initial meeting provided an opportunity for neighborhood groups and interested community members to learn about the process and provide input on Centennial’s housing needs.

If you were unable to join the meeting, you can provide comments in our online tool through June 3, 2022. 

Links to online activity:

2021 Housing Research Efforts

City Council heard from a variety of local housing experts from across the Metro Denver Region. The following are some of the takeaways found here(PDF, 130KB).

South Metro Denver Housing Tour: Exploration through the South Metro Denver area of a variety of housing types and price points.