Metro Denver Vacancy & Rent Report
EXECUTIVE SUMMARY • 1ST QUARTER 2022
Vacancy Rate
4.3 %
Last Quarter : 4.3 % -
Average Rent
$ 1,766
Last Quarter : $ 1,709 -
Average per sq . ft .
$ 2.06 Last Quarter : $ 2.01
Discount / Concessions
9.2 % Last Quarter : 8.8 %
Economic Vacancy
13.8 %
Last Quarter : 13.8 % -
Net Absorption ( Units )
457 Last Quarter : 4,987
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 |
4.9 % |
$ 1,663 |
$ 2.00 |
Arapahoe |
3.6 % |
$ 1,709 |
$ 1.97 |
Boulder / Broomfield |
4.0 % |
$ 1,881 |
$ 2.12 |
Denver |
5.2 % |
$ 1,783 |
$ 2.17 |
Douglas |
4.3 % |
$ 1,937 |
$ 2.02 |
Jefferson |
3.3 % |
$ 1,731 |
$ 2.02 |
Yearly Economic Vacancy ( Average of all four quarters )
Hottest Sub-Markets
Denver - City Park
0.7 %
Aurora North
2.1 %
Glendale
2.4 %
Longmont
2.5 %
Denver West Central 2.6 %
Golden
2.7 % www . aamdhq . org MAY 2022 TRENDS | 27