Tag: Cary Bruteig
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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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Metro Denver apartment rents slide, vacancy up to finish 2022
In good news for renters, apartment prices are trending downward and vacancy is going up in the Denver metro area. Average apartment rental prices went down by $32 since the third quarter according to the Apartment Association of Metro Denver 2022 fourth quarter Vacancy and Rent Report. While rents are expected to drop this time…