For the first time this cycle Denver’s annual growth rate came in below the national average at a meager 1.9%. Rents were virtually unchanged in Cherry Creek and Downtown Denver year over year as many high end properties are resorting to concessions. Two suburban sub markets; Aurora and Jefferson County-saw the best high end rent gains at 3% and 7% respectively. Average asking rent for the Denver Market is currently at $1,326.
Q4 2017 Denver Apartments Update
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