The average rent was $1,888 a month, up $18 or 1% from where it was a year earlier. The median rent was $1,810, up $19 a month from the third quarter of 2022.
Metro Denver has about 120,000 new apartment units on the drawing board. Roughly 48,000 of those units are under construction, 24,000 have a set construction start date but aren’t underway and 48,000 are in earlier planning stages, according to Apartment Insights, which put the report together.Will Kroenke finally build a true game-day experience around the Colorado Rapids’ stadium?
Although rents have been stable over the past year, tenants in metro Denver are still dealing with a 19% gain in rents since 2019,About 219,000 renter households or 52% of the total renting are “cost-burdened” meaning they spend more than 30% of their income on housing. That is up from 49% share of cost-burdened renter households in 2019, according to Apartment List.
Keeler: CU Buffs coach Deion Sanders' daughter Shelomi Sanders on "Saturday Night Live" spoof of Coach Prime? "They're kind of getting him wrong"8 restaurants where you can still eat cheap in DenverMusic mega-stars Drake, Beyoncé, Harry Styles and more continue to snub DenverHere's where you can meet actor Jason Momoa when he's in Colorado to promote his vodka this monthPastor Cal promises drama and horror on Denver-filmed season of "Married at...