Metro Denver Vacancy & Rent Report
EXECUTIVE SUMMARY • 3RD QUARTER 2021
Vacancy Rate
3.8 % Last Quarter : 3.7 %
Average Rent
$ 1,726
Last Quarter : $ 1,651 -
Average per sq . ft .
$ 2.03 Last Quarter : $ 1.93
Discount / Concessions
13.4 % Last Quarter : 11.6 %
Economic Vacancy
17.8 % Last Quarter : 16.0 %
Net Absorption ( Units )
1,862 Last Quarter : 10,298
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 % |
$ 1,666 |
$ 2.01 |
Arapahoe |
3.6 % |
$ 1,676 |
$ 1.94 |
Boulder / Broomfield |
3.2 % |
$ 1,929 |
$ 2.13 |
Denver |
3.9 % |
$ 1,725 |
$ 2.15 |
Douglas |
3.9 % |
$ 1,889 |
$ 1.97 |
Jefferson |
3.8 % |
$ 1,671 |
$ 1.95 |
Yearly Economic Vacancy ( Average of all four quarters )
Hottest Sub-Markets
Aurora North
1.1 %
Denver - City Park
1.6 %
Broomfield
2.0 %
Longmont
2.4 %
Golden
2.4 %
3 other submarkets 2.7 % www . aamdhq . org NOV / DEC 2021 TRENDS | 47