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2021 Q3 Denver Multifamily Market Report

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The Market is Poised to Close Out the Year Stronger Than it Started.

Multifamily Breaking Records

  • Metro Denver’s vacancy rate dropped another 20 basis points
    from 5.6% in Q2 to 5.4% in Q3
  • Rental rates reach historic highs by casting a $1,710 average
    rate per unit
  • Construction remains robust despite adversities with 19,847
    underway
  • Over $1.8 billion across 32 transactions with an average price
    per unit at $334,960

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2021 Q3 Denver Multifamily Market Report

Download Report