Tag: Denver Rent
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Denver rents, vacancy rates stay flat in third quarter of 2023, report says
The number of apartment vacancies and rent levels in the Denver metro area have held steady in the third quarter of 2023, according to a recent report from the Apartment Association of Metro Denver, which also urged area builders to continue production to meet high housing demands. The vacancy rate sat at 5.4% in the…
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Apartment rents in Denver down 6.6% during pandemic, up in most other metro cities
Since the COVID-19 pandemic hit Colorado in March, Denver has experienced the largest and one of the only rent drops in the metro area, according to the January Apartment List Rent Report. For nine months straight, rent prices have steadily decreased in Denver, making for a 6.6% drop so far. The city’s last rent increase…
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Denver rent decreasing during pandemic, increasing in other Colorado cities: Report
The COVID-19 pandemic is upending the U.S.’s rental market, with prices dropping in large, expensive cities but rising in typically more affordable locations, a report from Apartment List found. This trend can be seen in Colorado where Denver’s rental market is dipping while the markets in nearby cities such as Aurora and Colorado Springs are…
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Denver rent prices continue to drop each month during pandemic
Rental prices in Denver have decreased for the seventh month in a row, making the city’s rent 5.2% lower than this time last year, according to a report by Apartment List. Currently, median rents in Denver are $1,277 for a one-bedroom apartment and $1,564 for a two-bedroom. Denver’s rent prices have decreased every month since…