Denver is the 11th largest multifamily market with 306,759 completed units and 150,028 units in development, 31,837of which have already broken ground, as of September 2022.
Denver Multifamily Market Summary – September 2022
New lease asking rents are at $1,931, up 8.1%▲
from the previous year placing Denver at 81st
overall in year-over-year rent growth.
Denver Multifamily Market Summary – August 2022
New lease asking rents are at $1,932, up 9.9%▲
from the previous year placing Denver at 66th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – July 2022
New lease asking rents are at $1,940, up 12.3%▲
from the previous year placing Denver at 51st
overall in year-over-year rent growth.
Denver Multifamily Market Summary – June 2022
New lease asking rents are at $1,930, up 13.5%▲
from the previous year placing Denver at 44th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – May 2022
New lease asking rents are at $1,884, up 13.4%▲
from the previous year placing Denver at 48th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – April 2022
New lease asking rents are at $1,847, up 13.1%▲
from the previous year placing Denver at 52nd
overall in year-over-year rent growth.
Denver Multifamily Market Summary – March 2022
New lease asking rents are at $1,831, up 14.1%▲
from the previous year placing Denver at 46th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – February 2022
New lease asking rents are at $1,812, up 15%▲
from the previous year placing Denver at 40th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – January 2022
New lease asking rents are at $1,808, up 15%▲
from the previous year placing Denver at 38th
overall in year-over-year rent growth.
Denver Multifamily Market Summary – December 2021
New lease asking rents are at $1,784, up 13.5%▲
from the previous year placing Denver at 43rd
overall in year-over-year rent growth.
