3,812
3,812
4,287
4,287
14,471
14,471
9,453
9,453
MARKET REPORT( 3RD QUARTER 2025)
6.3 %
VACANCY RATE
6.3 %
Last Quarter 6.4 %
This Quarter 2024 5.3 %
VACANCY RATE
This Quarter 2023 5.4 %
Last Quarter 6.4 %
Metro EXECUTIVE Denver SUMMARY Vacancy • 3RD & QUARTER Rent 2025 Report EXECUTIVE SUMMARY • 3RD QUARTER 2025
$ 1,816 $ 2.11
AVERAGE RENT RENT / SQ. FT.
Last Quarter $ 1,832 This Quarter 2024 $ 1, 911 This Quarter 2023 $ 1,888
Last Quarter $ 2.13 This Quarter 2024 $ 2.22 This Quarter 2023 $ 2.19
VACANCY RATE THREE YEAR TREND This Quarter 2024 $ 1, 911 AVERAGE RENT THREE YEAR TREND This Quarter 2024 5.3 % This Quarter 2023 5.4 %
DENVER METRO
$ 1,816
AVERAGE RENT
Last Quarter $ 1,832
This Quarter 2023 $ 1,888
$ 2.11
RENT / SQ. FT.
Last Quarter $ 2.13 This Quarter 2024 $ 2.22 This Quarter 2023 $ 2.19
VACANCY RATE THREE YEAR TREND AVERAGE RENT THREE YEAR TREND
VACANCY RATE THREE YEAR TREND AVERAGE RENT THREE YEAR TREND
COUNTY OVERVIEW ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER AGE OF BUILDING
VACANCY AVG RENT RENT / SF
Adams 6.3 % $ 1,678 $ 1.99
DECADE BUILT
COUNTY OVERVIEW ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER AGE OF BUILDING
VACANCY AVG RENT RENT / SF
AVERAGE RENT
Pre-1970 $ 1,586
DECADE BUILT AVERAGE RENT
|
Arapahoe
Adams
|
7.0
6.3 %
|
1,701
$ 1,678
|
1.94
$ 1.99
|
1970-1979
Pre-1970
|
1,464
$ 1,586
|
|
Boulder / Broomfield
Arapahoe
|
5.1
7.0 %
|
1,949
$ 1,701
|
2.19
$ 1.94
|
1980-1989
1970-1979
|
1,687
$ 1,464
|
|
Denver
Boulder / Broomfield
|
6.6
5.1 %
|
1,832
$ 1,949
|
2.22
$ 2.19
|
1990-1999
1980-1989
|
2,021
$ 1,687
|
|
Douglas
Denver
|
5.2
6.6 %
|
2,019
$ 1,832
|
2.09
$ 2.22
|
2000-2009
1990-1999
|
2,062
$ 2,021
|
|
Jefferson
Douglas
|
5.5
5.2 %
|
1,855
$ 2,019
|
2.14
$ 2.09
|
2010-2019
2000-2009
|
2,249
$ 2,062
|
|
DENVER METRO
Jefferson
|
6.4
5.5 %
|
$ 1,816
$ 1,855
|
2.11
$ 2.14
|
2020-now
2010-2019
|
2,299
$ 2,249
|
DENVER METRO 6.4 % $ 1,816 $ 2.11
INVENTORY
446,708
TOTAL NUMBER
446,708 OF UNITS
TOTAL NUMBER OF UNITS
3RD QUARTER 2025
3,812
3RD QUARTER 2025
NEW UNITS
3,812
NEW UNITS
4,287
NET ABSORPTION
4,287
NET ABSORPTION
2020-now $ 2,299
PREVIOUS 12 MONTHS
14,471
PREVIOUS 12 MONTHS
NEW UNITS
14,471
NEW UNITS
9,453
NET ABSORPTION
9,453
NET ABSORPTION
18