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2021 Q4 Denver Multifamily Market Report

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The market is in terrific position to close out the year stronger than it started.

  • 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 $334,960Metro Denver’s vacancy rate dropped another 20 basis points from 5.6% in Q2 to 5.4% in Q3

cover and first page of MF Q4 2021 Report

2021 Q4 Denver Multifamily Market Report

Download Report