Nov/Dec 2025 | Page 27

DENVER METRO

Metro Denver Vacancy & Rent Report

EXECUTIVE SUMMARY • 3RD QUARTER 2025

6.3 %

VACANCY RATE
Last Quarter 6.4 % This Quarter 2024 5.3 % This Quarter 2023 5.4 %

$ 1,816

AVERAGE RENT
Last Quarter $ 1,832
This Quarter 2024 $ 1, 911
This Quarter 2023 $ 1,888

$ 2.11

RENT / SQ. FT.
Last Quarter $ 2.13 This Quarter 2024 $ 2.22 This Quarter 2023 $ 2.19
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
6.3 %
$ 1,678
$ 1.99
Arapahoe
7.0 %
$ 1,701
$ 1.94
Boulder / Broomfield
5.1 %
$ 1,949
$ 2.19
Denver
6.6 %
$ 1,832
$ 2.22
Douglas
5.2 %
$ 2,019
$ 2.09
Jefferson
5.5 %
$ 1,855
$ 2.14
DENVER METRO
6.4 %
$ 1,816
$ 2.11
Pre-1970
$ 1,586
1970-1979
$ 1,464
1980-1989
$ 1,687
1990-1999
$ 2,021
2000-2009
$ 2,062
2010-2019
$ 2,249
2020-now
$ 2,299
INVENTORY

446,708

TOTAL NUMBER OF UNITS
3RD QUARTER 2025

3,812

NEW UNITS

4,287

NET ABSORPTION
PREVIOUS 12 MONTHS

14,471

NEW UNITS

9,453

NET ABSORPTION www. aamdhq. org TRENDS NOV / DEC 2025 | 25