DENVER METRO
APARTMENT VACANCY & RENT
2ND QUARTER 2019 SUMMARY
10%
Vacancy Rate
$1,500
$1,375
9%
5.0%
$1,250
8%
Last Quarter: 5.4%
$1,125
7%
Average Rent
$1,520
Last Quarter: $1,481
-
Average per sq. ft.
-
$1.79
Last Quarter: $1.74
Discount / Concessions
5.7%
$1,000
6% $875
5% $750
4% $625
$500
3%
$375
2%
$250
1%
0%
$125
14Q2
14Q4
15Q2
Line: Percent Vacant
County Overview
Last Quarter: 5.4%
15Q4
16Q2
16Q4
17Q2
Adams 3.9%
12.0% Arapahoe 4.8%
Boulder/Broomfield
1,723
Last Quarter: 5,552
18Q4
19Q2
PREV. YEAR
Average Rent
Rate (/sq. ft.)
$1,403 $1.69
$1,447 $1.69
3.6% $1,680 $1.91
Denver 5.3% $1,582 $1.93
Douglas 7.6% $1,633 $1.73
Jefferson 5.4% $1,490 $1.74
SPONSORED BY:
$0
ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER
Economic Vacancy
Net Absorption (Units)
18Q2
Bar: Average Rent (in dollars)
Vacancy Rate
Last Quarter: 11.6%
17Q4
4
Visit www.aamdhq.org and
register to receive the full
quarterly Vacancy & Rent Survey:
AUTHORS: Ron L. Throupe, Ph.D, Daniels College of Business, University of Denver
Jennifer L. Von Stroh, Colorado Economic and Management AUGUST
Associates
www.aamdhq.org
2019 TRENDS | 41