August 2026 | Page 43

Metro Denver Vacancy & Rent Report EXECUTIVE SUMMARY • 2ND QUARTER 2026

6.3 %

VACANCY RATE
VACANCY RATE
THREE YEAR TREND

9.4 %

OVERALL VACANCY
Last Quarter 7.5 %
Last Quarter 10.9 %
This Quarter 2025 6.4 %
This Quarter 2025 10.8 %
This Quarter 2024 5.6 %
OVERALL VACANCY INCLUDES COMMUNITIES CURRENTLY IN LEASE-UP

$ 1,776

AVERAGE RENT
AVERAGE RENT
THREE YEAR TREND

$ 2.06

RENT / SQ. FT.
Last Quarter $ 1,758
Last Quarter $ 2.04
This Quarter 2025 $ 1,832
This Quarter 2025 $ 2.13
This Quarter 2024 $ 1,903 1st Quarter 2022 $ 1,758
This Quarter 2024 $ 2.21
AVERAGE RENT IS GROSS RENT AND DOES NOT CONSIDER THE IMPACT OF CONCESSIONS.
COUNTY OVERVIEW ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER AGE OF BUILDING
VACANCY AVG RENT RENT / SF DECADE BUILT
AVERAGE RENT
Adams
6.0 %
$ 1,633
$ 1.93
Arapahoe
6.6 %
$ 1,653
$ 1.88
Boulder / Broomfield
5.3 %
$ 1,924
$ 2.16
Denver
7.0 %
$ 1,798
$ 2.18
Douglas
5.3 %
$ 1,980
$ 2.06
Jefferson
5.4 %
$ 1,803
$ 2.08
DENVER METRO
6.3 %
$ 1,776
$ 2.06
Pre-1970
$ 1,538
1970-1979
$ 1,400
1980-1989
$ 1,625
1990-1999
$ 1,979
2000-2009
$ 2,007
2010-2019
$ 2,199
2020-now
$ 2,290
INVENTORY

455,848

TOTAL NUMBER OF UNITS
2ND QUARTER 2026

3,257

NEW UNITS

8,308

NET ABSORPTION
PREVIOUS 12 MONTHS

12,952

NEW UNITS

12,627

NET ABSORPTION www. aamdhq. org TRENDS AUGUST 2026 | 41