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Denver CO Apartment Market Read
Covers Denver, Aurora and Centennial.
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and asking rents are falling less than they were.
From public data. The situation now, not a forecast.
Renter Google searchabout 6,600 searches in September 2026 · HousesSee read → What renters Google mostHousesSee all →
Renter Google Search InterestGoogle · monthly
About 6,600 searches in September 2026, for Denver on its own
November is usually one of the quietest months for renter searches here.
Attention, not a verdict. Google searches for apartments to rent.
METROSGNL PRO
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The day asking rent growth (now -1.0%) or job growth (now +0.2%) moves half a point, you get an email. Plus two years of history and the report.
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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
↗
Recovering
Asking rents are still below last year, but falling less than they were three months ago (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+0.2%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,755 a month
September 2026, ▼ down 1.0% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +2.4% · US avg +4.6%
Median rentCENSUS · 2024
$1,943/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
In the news · DenverNEWS · DAILY
Latest local coverage, 5 days ago. softer neutral firmer
Four Seasons Plans Denver Residential DevelopmentDevelopers take Denver suburb to court over $300M housing, retail projectJLL Arranges $333.3M Refinancing for 1,184-Unit Multifamily Portfolio Near DenverView all 8 Denver news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.2%
Migration 2025−4.7/1k
SUPPLY
Permits 2025+27%
Vacancy 20244.9%
Rent vs buyWEEKLY RATE · 2024 RENT
+$2,672/mo
Cheaper to rent than buying
rent $1,943 · own $4,615
$1,943RENT
$4,615OWN
Domestic migrationCENSUS · 2025
−4.7/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.