Matrix Multifamily Denver Report-June 2025

Denver Navigates Difficulties

Advertised asking rents in Denver contracted 0.1 percent on a T3 basis through April, while the national average was up 0.2 percent. The metro's occupancy rate slid to 93.7 percent in March, below the nation’s 94.4 percent. Challenges included both ample new stock and an economy at a low point.

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