
Metro report · CO
Denver
Denver-Aurora-Lakewood, CO metro area
- Rent
- $1,632
- Vacancy
- 7.9%
- Concess.
- 47%
Photo: Nils Huenerfuerst / Unsplash
Asking rent (new leases)
$1,632/mo
1BR $1,414 · 2BR $1,691 · −2.0% vs. a year ago · −0.7% vs. last month
Median rent on new leases, all apartment classes.
As of Oct 2026 · Apartment List Rent Estimates (Oct 2026) · published 2026-10-28
Class A asking rent
Data coming
We only publish a Class A-only figure once we have a free, citable source for it. Until then, use the market-wide number and the concession rate as a guide.
Vacancy
7.9%
8.8% a year ago (−0.9 pts)
Apartment List Vacancy Index (properties listed on its platform, skews professionally managed).
As of Oct 2026 · Apartment List Vacancy Index (Oct 2026) · published 2026-10-28
Concessions
47%
of properties advertise a free month or more, vs. 44% a year ago (+3 pts).
Share of properties advertising at least one free month (or equivalent) on new leases. Median time on market: 39.7 days.
As of Oct 2026 · Apartment List Concession Rates (Oct 2026) · method
Pipeline / new supply
5,580
units in 5+ unit buildings permitted Jan–Sep 2026, vs. 6,073 in Jan–Sep 2025 (−8%). Fewer permits now means less new supply competing for renters once those projects deliver, typically a couple of years out.
Permits are an early signal, not deliveries. Under-construction counts: data coming.
As of Sep 2026 · U.S. Census Bureau Building Permits Survey, CBSA monthly (Sep 2026 YTD vs Sep 2025 YTD) · accessed 2026-11-11
Reader concession sightings
None yet. Seen a free-rent offer at a Class A property here? Send it in; we check each one before it goes up.
Refi read-through
What it means for a refi here
The 10-year Treasury is at 4.88% (−0.03 pts on the week). Lenders size loans on NOI, so rising concessions and flat-to-falling rents squeeze proceeds even if rates hold. Test your loan →
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