Denver rent is back to 2022 prices after 20k new units hit the market
With 20,000 new units on the market, prices are down about 3.7 percent. New apartment buildings under construction in on Holly Street in Denver’s North Park Hill neighborhood, June 20, 2024. Apartment rents in the Denver metro continue to slide. The average rent in the area fell 3.7 percent in the second quarter compared to the prior year, according to a new report from the Apartment Association of Metro Denver. Rents started falling at the end of last year, the association’s data show. The