What Renters Should Know About Denver
Local insights and market facts to help you make informed decisions
Rents Declining
Denver rents dropped 1.1% year-over-year in 2024, with 20,000 new apartments adding to supply.
Rising Vacancy
Vacancy rates hit 10.5% in late 2024—the highest in years, giving renters more options.
Mountain Premium
Proximity to ski resorts and outdoor recreation keeps certain neighborhoods competitive.
Popular Neighborhoods
922 Grant Avenue
Denver, CO 80229
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3634 Church Street
Denver, CO 80227
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1018 Main Street
Denver, CO 80247
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2680 Market Street
Denver, CO 80227
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5952 High Street
Denver, CO 80205
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7930 Lincoln Avenue
Denver, CO 80224
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292 South Street
Denver, CO 80210
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3330 Jefferson Street
Denver, CO 80210
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1840 Lake Drive
Denver, CO 80211
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1617 Harrison Avenue
Denver, CO 80239
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4175 Broadway
Denver, CO 80209
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8394 West Street
Denver, CO 80211
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Renting Tips for Denver
Vacancy is high—negotiate rent and concessions
Check for parking; street parking can be challenging in winter
Ask about snow removal responsibilities for ground-floor units
Renting in Denver: What You Need to Know
Denver's rental market has shifted in renters' favor. After years of rapid growth, 20,000 new apartments delivered in 2024 pushed vacancy rates to their highest levels in years, and rents are actually declining.
Market Overview
With vacancy at 10.5% and rents down 1.1% year-over-year, Denver renters have negotiating power they haven't had in years. The average rent of $1,848 is down $71 from 2024 peaks. This is a rare opportunity in a market that saw explosive growth during the pandemic.
Why Tenant Reviews Matter
In a market with high vacancy, landlords compete for tenants—but not all buildings are equal. Tenant reviews reveal which properties handle Denver's extreme weather well, which have responsive maintenance, and which management companies honor lease terms.