DENVER METRO
Metro Denver Vacancy & Rent Report
EXECUTIVE SUMMARY • 2ND QUARTER 2025
6.4 %
VACANCY RATE
Last Quarter 7.0 % This Quarter 2024 5.6 % This Quarter 2023 5.5 %
$ 1,832
AVERAGE RENT
Last Quarter $ 1,819 This Quarter 2024 $ 1,903 This Quarter 2023 $ 1,878
$ 2.13
RENT / SQ. FT.
Last Quarter $ 2.11 This Quarter 2024 $ 2.21 This Quarter 2023 $ 2.18
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 DECADE BUILT
AVERAGE RENT
Adams |
6.5 % |
$ 1,687 |
$ 2.01 |
Arapahoe |
7.1 % |
$ 1,724 |
$ 1.96 |
Boulder / Broomfield |
5.2 % |
$ 1,953 |
$ 2.20 |
Denver |
7.0 % |
$ 1,849 |
$ 2.24 |
Douglas |
5.5 % |
$ 2,029 |
$ 2.10 |
Jefferson |
5.2 % |
$ 1,875 |
$ 2.16 |
DENVER METRO |
6.4 % |
$ 1,832 |
$ 2.13 |
Pre-1970 |
$ 1,607 |
1970-1979 |
$ 1,477 |
1980-1989 |
$ 1,706 |
1990-1999 |
$ 2,031 |
2000-2009 |
$ 2,074 |
2010-2019 |
$ 2,259 |
2020-now |
$ 2,335 |
INVENTORY
442,896
TOTAL NUMBER OF UNITS
2ND QUARTER 2025
2,375
NEW UNITS
4,573
NET ABSORPTION
PREVIOUS 12 MONTHS
15,798
NEW UNITS
11,184
NET ABSORPTION www. aamdhq. org 33 | TRENDS AUGUST 2025