Denver is the 11th largest multifamily market with 299,210 completed units and 122,741 units in development, 22,613 of which have already broken ground, as of December 2021.
Denver Multifamily Market Summary – December 2021
New lease asking rents are at $1,784, up 13.5%▲
from the previous year placing Denver at 43rd
overall in year-over-year rent growth.