Tag: Mark Williams
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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 renters feeling the pinch as rents continue upward
The bad news for metro Denver area renters continued in the first quarter, as average rents increased both from the fourth quarter of last year and year-over-year, with vacancy rates remaining at historic lows, according to the Denver Metro Area Apartment Vacancy and Rent Survey released Friday. Landlords, on the other hand, couldn’t be happier.…