Tag: Rent
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Metro Denver’s apartment construction boom is peaking
Over the last year, the metro Denver area saw a historic number of new apartments coming onto the market. The region had nearly 7,400 new units delivered within the second quarter of 2024 and 19,000 over 12 months, according to the Apartment Association of Metro Denver’s second quarter report released Thursday. It’s about the size…
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Proposal to cap pet rent, deposits in Colorado advances
At many Colorado animal shelters, housing instability is the No. 1 reason that pets are surrendered. So far this year, around 200 pets have been surrendered to Dumb Friends League shelters in Colorado due to problems with housing, not including homelessness, according to the organization. One of those 200 pets is a dog named Duke,…
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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…
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With assist from PopUp Denver, three new businesses open on 16th Street Mall
Three new retailers opened in downtown Denver Friday night after being given the chance to launch a startup retail business in one of the most prime shopping districts in metro Denver – the 16th Street Mall. The PopUp Denver program gives grants, discounted lease rates and fast-tracked permitting process to new business owners using previously…
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INSIGHTS | A fair shake isn’t rent control for Colorado’s threatened seniors
Rent control is more a ghost than a specter in Colorado political discussions, but the state is reaching a condition where any workable idea deserves a conversation. Social and economic realities are barreling toward us. Americans are aging fast and not well. The Downer Department here at Insights has told you before that older people…
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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…
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Denver rents tick up Q1
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Metro Denver area rents rose slightly in the first quarter, bringing the average rent to $1,544 per month, according to the Apartment Association of Metro Denver. Association officials say the uptick is just an adjustment, and that overall rents have remained stable in the last…
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Colorado apartment owners study shows March rent collections high, evictions low
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Despite Gov. Jared Polis’ ending the evictions moratorium, Colorado evictions remain lower than March 2020 levels, and 98% of tenants continue to pay rent on time, according to the Colorado Apartment Association. That 98% rent-collection level is less than 1% lower than the March 2020…
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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…