Apartment Market Conditions and Trends
in Metro Denver, Colorado
1st Quarter – 2025
Welcome to Apartment Perspective. In addition to the JRES Intelica CRE analysis of vacancy, demand and rental rate trends, Apartment Perspective includes a list of all apartment projects under construction and proposed in metro Denver, and all communities started and completed during the 1st quarter of 2025.
Metro employment growth has slowed, and with the addition of new apartment units to the market, will have an effect on all types of real estate, especially apartments.
Concessions and incentives are common in today’s apartment market, especially in newer communities with rental rates at the upper end of the spectrum. There is also competition from for-sale housing, although increased mortgage interest rates detered some buyers. High prices also create a barrier for some buyers, especially younger residents.
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Thanks for your interest.
Bill James