2019 Q1 Denver Multifamily Market Report

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 Q1 2019 Denver Multifamily Statistics

Highlights

  • The overall average rental rate in Metro Denver during the first quarter was $1,540/month, an increase of 3.9% year-over-year
  • A total of 19,829 units are under construction in Metro Denver, with more than 5,700 unites located in the CBD
  • Metro Denver vacancy rates increased by 40 basis points from the previous year to the current rate of 5.5%

 

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2019 Q1 Denver Multifamily Market Report

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