Tag: Apartment Rents
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Metro Denver area apartment rents rise in second quarter
Apartment rents in the metro Denver area rose an average of $32 per month in the second quarter, which is fairly typical for that time of year. Average rents now stand at $1,878, a 2% increase year-over-year, according to the second quarter Vacancy & Rent report from the Apartment Association of Metro Denver released Tuesday.…
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Metro Denver apartment rents and vacancies flat in first quarter
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One word describes the first quarter “Vacancy & Rent Report” by the Apartment Association of Metro Denver, “flat.” As in, rents stayed basically flat from the last quarter of 2022 — rising only 0.5 percent to an $1,846 average for all unit types. Vacancies likewise remained flat, staying the exact same 5.6% level from the prior…
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Denver rents up, again; vacancies historically low
Apartment rents in metro Denver reached over $2 per square foot for the first time in recorded history for a third-quarter average of $1,726 per month, according to the Apartment Association of Metro Denver’s report. Meanwhile the vacancy rate for the area came in below 4% for the second quarter in a row — the…