DENVER METRO
APARTMENT VACANCY & RENT
4TH QUARTER 2016 SUMMARY
Vacancy Rate
6.2 % Last Quarter : 5.1 %
Average Rent
$ 1,347
Last Quarter : $ 1,368 -
Average per sq . ft .
$ 1.58 Last Quarter : $ 1.60
Discount / Concessions
4.4 % Last Quarter : 5.3 %
Economic Vacancy
11.3 % Last Quarter : 10.9 %
Net Absorption ( Units )
-1,437
Last Quarter : 3,641
PREV . YEAR
Line : Percent Vacant Bar : Average Rent ( in dollars )
County Overview
ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER
|
Vacancy Rate |
Average Rent |
Rate (/ sq . ft .) |
Adams |
6.1 % |
$ 1,251 |
$ 1.49 |
Arapahoe |
6.6 % |
$ 1,290 |
$ 1.50 |
Boulder / Broomfield |
5.5 % |
$ 1,499 |
$ 1.71 |
Denver |
7.2 % |
$ 1,376 |
$ 1.69 |
Douglas |
5.8 % |
$ 1,495 |
$ 1.55 |
Jefferson |
4.4 % |
$ 1,308 |
$ 1.51 |
SPONSORED BY :
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www . aamdhq . org
AUTHORS : Ron L . Throupe , Ph . D , Daniels College of Business , University of Denver
Jennifer L . Von Stroh , Colorado Economic and Management Associates
FEBRUARY 2017 • TRENDS | 19