Metro Denver Vacancy & Rent Report
EXECUTIVE SUMMARY • 4TH QUARTER 2021
Vacancy Rate
4.3 % Last Quarter : 3.8 %
Average Rent
$ 1,709
Last Quarter : $ 1,726 -
Average per sq . ft .
$ 2.01 Last Quarter : $ 2.03
Discount / Concessions
8.8 % Last Quarter : 13.4 %
Economic Vacancy
18.8 % Last Quarter : 17.8 %
Net Absorption ( Units )
4,987 Last Quarter : 1,862
Line : Percent Vacant Bar : Average Rent ( in dollars ) PREV . YEAR
County Overview
ARROWS DESIGNATE CHANGE SINCE PREVIOUS QUARTER
|
Vacancy Rate |
Average Rent |
Rate (/ sq . ft .) |
Adams |
4.0 % |
$ 1,623 |
$ 1.96 |
Arapahoe |
4.2 % |
$ 1,677 |
$ 1.94 |
Boulder / Broomfield |
3.1 % |
$ 1,812 |
$ 2.05 |
Denver |
4.8 % |
$ 1,707 |
$ 2.10 |
Douglas |
4.9 % |
$ 1,880 |
$ 1.97 |
Jefferson |
4.0 % |
$ 1,669 |
$ 1.95 |
Yearly Economic Vacancy ( Average of all four quarters )
Hottest Sub-Markets
Aurora North
0.6 %
Denver - City Park
1.1 %
Boulder - University 2.1 %
Longmont
2.2 %
Golden
2.8 %
Wheat Ridge
3.0 % www . aamdhq . org FEBRUARY 2022 TRENDS | 27