Section I - Overview

Table of Contents

Executive Summary

I-1

Map of Vacancy Rates

Map of Average Rents

I-3
I-4

Vacancy Rates by County and Market Area

Current Survey Responses

I-5
I-6

Report Description and Methodology

I-7

METRO DENVER
SUBMARKETS

LONGMONT
1.3%
$1,092.57

(Individual Submarkets Defined on the Market Area

Descriptions
and Census Tracts Page at the end of each section.)

BOULDER

Red: Vacancy Rate

Blue: Average Rent

BOULDER (CITY) BOULDER (OTHER)

3.7%
22.0%
$1,286.88
$1,374.68

BROOMFIELD
UNIVERSITY
1.8%
$1,126.98
BROOMFIELD
4.3%
$1,208.31

ADAMS
NORTHGLENN / THORNTON
4.0%
$1,045.08

JEFFERSON

WESTMINSTER
4.2%
$924.89

COMMERCE CITY
21.0%
$981.97

ARVADA
4.2%
$978.78

GOLDEN
3.3%
$1,112.04

DENVER
DENVER NW
DENVER NC DENVER NE
19.9%
5.7%
2.9%
WHEAT RIDGE $1,323.18
$1,499.26
$924.45
DOWNTOWN
3.2%
11.8%
$821.08
$1,557.15
DENVER EC
DENVER WC DENVER C
5.5%
6.4%
3.1%
$1,056.15 $1,122.89
$711.90
LAKEWOOD N
3.2%
$994.72

LAKEWOOD S
3.3%
$1,082.60

DENVER SW
9.9%
$982.70

GLENDALE
DENVER SC
8.8% DENVER SE 6.47%
$950.27
3.5%
$1,265.65
$849.10
DENVER
FAR SE
5.2%
$931.18

ENGLEWOOD
SHERIDAN
3.9%
$1,032.22
LITTLETON
3.5%
$1,161.75

ARAPAHOE
COUNTY S
3.1%
$1,245.52

DOUGLAS
CASTLE ROCK
1.7%
$1,122.32

AURORA NORTH
3.7%
$997.84

AURORA CNW
4.5%
$1,033.68
AURORA CSW
3.7%
$912.39

AURORA CNE
3.2%
$899.92

AURORA CSE
3.5%
$928.21

AURORA SOUTH
5.5%
$1,013.81

ARAPAHOE
ARAPAHOE
COUTY SE
5.3%
$1,337.31

DOUGLAS
COUNTY N
4.0%
$1,283.89

Vacancy Rates by County and Market Area

(In Percent)
County/Market
Adams County
Aurora-North
Commerce City/Brighton
Northglenn/Thornton
Westminster
Arapahoe County
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central NE
Aurora-Central NW
Aurora-Central SE
Aurora-Central SW
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Boulder/Broomfield
Boulder County-Other
Broomfield
City of Bldr-Except Unv.
City of Bldr-Unv. Area
Longmont
Denver City/County
Denver-Central
Denver-Downtown
Denver-East Central
Denver-Far SE
Denver-North Central
Denver-Northeast
Denver-Northwest
Denver-South Central
Denver-Southeast
Denver-Southwest
Denver-West Central
Douglas County
Castle Rock
Douglas County-North
Jefferson County
Arvada
Golden
Lakewood-North
Lakewood-South
Wheat Ridge
Metro Average

2004

2005

2006

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

9.6
9.1
23.2
7.8
9.5
10.8
6.6
7.3
13.0
11.0
13.7
9.8
12.8
9.4
12.0
8.2
11.0
13.9
8.8
7.5
10.0
13.3
10.2
9.2
11.3
18.5
10.3
10.0
6.8
15.8
15.1
9.6
5.4
6.1
14.5
16.6
13.6
9.1
10.7
14.3
7.0
7.9
12.4
10.5

9.9
22.4
12.5
8.7
8.9
9.8
10.5
6.4
9.6
9.2
10.4
9.2
11.2
8.8
12.4
7.0
9.5
7.6
9.8
10.9
5.5
11.7
10.1
8.9
9.2
16.4
12.8
6.3
8.2
6.3
12.9
8.3
8.4
7.3
9.8
11.8
8.9
9.1
11.0
15.1
7.3
8.1
12.3
9.7

7.6
8.7
6.3
7.9
7.3
9.2
12.0
5.2
7.4
10.2
9.4
11.3
10.1
6.7
8.2
8.0
6.0
6.6
9.4
3.9
2.8
5.1
8.3
7.3
6.0
1.9
9.5
7.3
13.7
7.2
17.0
6.9
5.4
9.9
9.2
10.0
8.9
8.5
8.3
17.7
6.2
7.5
10.2
8.5

11.7
8.2
13.1
8.7
13.6
10.1
11.0
6.1
9.5
9.6
8.3
12.0
10.6
9.6
11.8
10.1
9.0
8.6
10.6
9.1
6.5
8.5
9.8
8.1
10.6
11.7
11.0
8.0
11.4
12.9
12.9
7.5
7.5
13.9
10.1
13.3
9.3
9.3
12.4
12.6
7.7
8.3
11.7
10.0

10.6
7.6
10.3
10.7
10.8
8.9
8.1
8.0
7.9
9.2
8.2
11.4
8.6
10.2
8.0
8.7
11.1
8.3
18.2
8.1
8.1
11.4
9.2
8.2
8.3
15.3
11.4
11.7
8.3
8.8
12.4
7.6
6.9
11.9
8.4
11.4
7.4
8.5
9.6
10.2
6.4
8.4
11.5
9.3

8.7
5.4
7.8
7.7
9.8
7.4
7.3
4.8
10.0
7.4
7.6
8.3
6.8
7.2
9.1
6.1
8.7
10.1
9.9
8.0
3.1
10.0
8.7
9.3
7.3
9.7
10.6
7.7
12.5
6.3
8.3
7.0
6.7
7.4
6.4
10.4
5.3
8.0
9.8
10.0
7.3
7.3
13.1
8.0

7.7
9.4
4.1
7.5
8.1
6.8
6.6
4.2
8.9
6.0
5.8
8.3
6.9
6.0
9.5
6.7
7.8
4.9
11.6
7.4
4.0
7.9
9.6
9.7
8.3
20.1
8.6
3.1
24.9
5.7
22.5
7.9
6.1
12.1
7.5
12.5
6.6
6.8
7.6
4.8
6.7
6.5
10.6
7.7

8.1
8.0
7.3
7.7
8.6
7.4
7.5
5.6
9.2
8.6
7.3
8.6
7.1
7.5
7.1
7.1
7.3
5.2
12.0
4.7
5.0
6.4
8.7
9.3
5.0
17.3
10.5
3.2
12.8
11.7
14.7
7.0
5.7
9.2
8.1
10.4
7.5
7.6
11.1
7.3
8.0
6.5
10.8
7.9

7.0
6.3
4.2
6.6
7.5
7.0
7.0
5.6
11.2
8.0
6.7
8.8
6.8
6.7
6.4
5.5
6.9
7.6
8.9
6.0
2.8
6.3
7.8
7.1
3.3
13.6
8.7
3.8
10.9
4.3
12.3
8.4
5.2
7.8
8.2
10.8
7.3
7.5
7.9
8.1
8.0
6.1
16.2
7.4

2nd

3rd

2007
4th

1st

2nd

6.1 6.4 7.4 7.8 6.3

6.2 6.4 8.5 8.4 10.9
4.3 5.6 9.4 3.2 3.2
5.6 6.1 6.9 7.1 6.6
6.8 6.7 7.5 8.3 6.1
6.8 6.7 7.4 7.8 6.1
5.9 6.6 6.4 5.6 3.8
5.4 3.9 7.6 4.4 5.1
11.8 12.5 9.6 8.4 10.7
6.8 14.6 7.1 7.2 6.1
7.4 6.4 6.8 6.9 4.9
7.5 8.1 10.4 13.5 7.0
5.7 4.2 5.6 7.7 7.1
6.5 5.1 6.6 7.0 6.6
9.0 7.5 8.3 8.2 6.6
5.5 4.9 5.8 5.6 4.7
7.0 4.8 5.5 4.7 4.0
7.2 4.5 5.5 3.9 3.7
7.5 4.3 5.6 4.8 4.5
8.8 6.0 5.6 4.3 3.2
3.0 4.1 1.6 0.8 5.9
4.7 4.5 7.6 8.4 3.9
7.6 7.3 6.9 7.2 6.1
6.0 7.0 6.7 7.0 5.1
4.9 8.0 6.7 7.8 7.1
6.1 6.5 7.9 8.0 7.8
10.0 9.7 6.2 6.9 5.2
5.1 3.1 6.7 1.8 1.6
13.7 4.1 7.3 7.2 6.9
5.4 6.2 3.1 4.3 6.7
12.7 13.1 14.0 12.1 9.6
6.2 4.4 6.7 7.1 6.3
5.6 7.7 6.3 6.3 5.4
13.0 6.7 6.3 5.4 5.8
5.7 6.4 7.0 6.4 5.8
7.2 6.4 6.6 8.0 5.9
5.5 6.4 7.2 6.0 5.8
7.3 7.2 6.6 6.3 7.4
9.2 7.9 6.2 8.1 8.0
6.7 6.0 7.2 5.3 10.4
8.2 8.1 6.4 6.5 8.0
6.4 6.6 6.6 6.0 6.7
9.2 9.7 7.2 6.7 6.9
6.9 6.7 7.0 7.1 6.2

3rd

2008
4th

1st

2009

2010

2011

2012

2013

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

1st

2nd

3rd

4th

1st

5.9 7.4 6.4 6.8

4.3 4.1 6.2 6.4
3.7 4.8 5.2 4.0
7.2 8.7 6.6 7.9
5.1 6.7 6.4 5.9
5.0 6.0 6.5 5.9
3.9 4.8 4.8 3.0
4.4 5.3 11.2 5.7
8.9 7.1 7.0 5.3
4.8 7.0 7.3 6.2
4.2 4.2 5.2 7.8
5.3 5.8 5.9 5.6
5.1 6.8 5.2 6.5
5.5 5.4 5.1 4.4
6.3 7.6 9.0 7.3
4.4 5.5 5.7 5.0
3.6 5.4 5.7 6.4
5.2 3.3 3.3 4.3
4.1 6.0 4.9 4.9
2.6 2.0 3.2 3.3
1.9 3.7 3.8 4.4
3.2 11.5 15.1 19.6
5.7 5.5 5.1 5.7
5.9 5.0 4.7 5.4
4.3 4.9 3.6 4.6
5.5 5.0 5.5 5.8
5.3 5.3 5.0 6.7
3.0 3.4 2.4 3.8
5.5 6.0 8.1 7.3
3.7 3.7 5.1 5.0
7.2 6.6 8.8 9.9
6.9 6.9 4.5 4.3
6.8 4.1 6.1 6.0
8.4 15.0 5.6 4.5
5.5 7.0 6.1 8.3
5.4 7.3 6.7 7.3
5.6 6.9 6.0 8.6
5.3 6.0 5.6 6.0
4.7 5.4 6.4 6.0
5.5 5.5 5.8 5.7
5.9 7.1 6.2 8.1
5.3 5.6 5.3 5.2
4.7 8.6 6.1 7.9
5.3 6.1 5.9 6.2

7.5
13.7
5.2
8.8
5.6
6.9
4.4
6.3
13.0
8.1
10.0
7.4
5.7
5.1
7.5
4.4
4.7
3.6
5.5
2.4
1.1
10.5
6.0
6.6
5.4
4.4
7.0
4.0
7.6
5.1
7.5
5.1
5.4
4.5
5.9
6.9
5.7
6.5
5.1
5.1
6.9
6.7
9.1
6.5

8.8
11.8
8.3
8.9
8.5
8.3
5.5
9.0
11.9
10.3
10.0
8.4
7.0
7.4
8.5
7.3
6.1
6.6
7.2
3.0
0.6
8.7
8.0
7.6
7.6
7.5
8.7
5.2
8.1
7.9
9.1
8.5
6.9
6.9
7.4
7.7
7.3
7.3
5.6
8.4
6.9
7.6
9.2
7.9

8.4
22.2
8.3
8.2
7.3
9.7
6.4
15.7
11.9
13.9
14.3
6.6
7.9
7.4
8.9
5.2
6.0
6.0
6.7
3.6
2.4
8.9
8.6
9.5
8.4
8.0
10.9
4.4
4.6
5.6
8.0
7.9
5.9
2.3
7.1
7.9
6.9
7.6
8.1
7.5
7.8
7.0
12.2
8.4

8.5
17.3
7.9
8.7
7.5
10.7
4.3
10.5
13.5
12.8
14.1
8.6
12.4
8.4
10.0
6.6
7.2
5.1
7.0
6.6
11.4
9.1
9.8
9.6
7.8
8.5
16.4
10.2
6.6
4.5
9.4
7.4
5.3
8.6
5.8
9.4
4.9
7.2
6.7
9.4
6.3
6.5
12.5
9.0

6.7
11.8
2.3
6.0
7.4
8.5
5.3
6.9
12.4
9.5
7.0
9.3
7.8
13.7
9.7
5.0
5.5
4.9
4.0
7.2
3.5
7.8
8.5
7.3
7.2
5.5
14.7
5.0
7.9
3.5
10.0
7.2
5.9
10.1
4.3
8.5
3.9
6.3
5.7
8.1
5.2
6.2
9.2
7.4

6.3
9.0
7.2
6.3
6.2
8.6
3.9
7.8
15.1
9.8
7.3
7.8
8.9
9.3
9.6
10.9
5.8
4.9
5.1
5.8
2.0
12.8
8.8
7.7
6.8
6.4
15.5
8.9
6.1
5.3
11.0
6.8
5.8
7.8
5.5
11.0
4.9
7.3
7.3
7.5
8.8
6.4
11.7
7.7

6.8
10.7
2.1
5.6
8.6
7.2
3.1
6.0
7.2
7.5
5.6
9.1
8.6
7.6
8.0
5.7
5.0
5.3
5.1
4.9
1.5
6.4
6.9
7.3
5.9
7.2
9.6
5.7
5.2
4.5
11.8
5.0
5.4
11.9
4.4
6.3
4.2
5.8
5.6
7.5
5.9
5.0
13.9
6.5

5.2
10.3
4.0
4.6
5.5
6.4
3.0
4.9
8.9
5.8
5.5
8.7
8.1
5.6
6.6
3.2
4.9
3.8
4.3
6.9
4.2
5.0
7.4
6.9
9.3
6.8
9.4
8.8
6.8
5.1
9.8
5.3
5.3
10.2
3.9
4.6
3.8
5.4
4.9
6.0
4.5
5.4
10.9
6.1

4.4
6.1
3.4
4.2
4.6
6.7
2.4
3.9
5.7
4.7
4.9
12.2
8.4
5.6
6.1
3.5
3.5
5.0
4.1
2.6
1.1
3.0
5.3
6.2
5.2
5.5
5.1
2.3
4.5
5.5
8.6
4.8
4.2
6.8
4.4
5.2
4.3
3.9
3.4
3.8
4.9
3.8
4.8
5.3

5.7
9.0
5.9
4.5
6.8
6.6
3.4
4.8
6.2
5.1
5.3
10.2
8.2
5.2
6.2
3.8
3.6
3.8
5.2
3.5
0.6
2.6
5.2
5.2
5.6
7.7
5.1
1.2
4.8
4.1
4.4
4.8
5.4
2.8
5.2
5.7
5.1
4.5
4.5
6.2
4.8
4.2
3.8
5.5

5.6
7.3
5.0
4.4
6.6
6.4
2.8
5.8
7.5
6.2
4.5
8.2
8.4
4.3
6.9
2.9
4.9
10.0
5.7
3.1
0.0
2.8
4.8
3.7
5.1
6.9
4.3
2.3
5.7
8.6
4.6
4.9
4.6
4.1
5.3
5.2
5.4
4.7
4.4
6.1
5.1
4.6
2.7
5.5

5.2
5.6
1.9
4.9
5.7
5.5
2.8
4.2
8.6
6.0
4.5
7.2
6.0
5.0
5.0
4.5
4.6
6.4
5.7
4.7
0.4
2.6
4.1
3.6
3.3
5.2
4.5
4.2
5.1
3.0
4.9
4.2
3.7
1.4
3.8
4.2
3.7
4.5
3.8
6.0
4.2
4.8
3.4
4.8

5.3
6.4
6.6
5.5
5.0
5.6
3.0
4.6
7.9
6.2
4.7
7.0
6.7
4.1
5.5
2.9
4.7
4.3
5.7
4.6
0.0
5.0
4.3
3.2
3.6
5.3
5.1
0.9
4.4
2.7
5.8
4.2
4.2
0.7
3.8
4.4
3.7
4.4
4.9
4.8
4.9
4.1
3.7
4.9

5.3
4.0
4.7
6.1
4.5
6.8
4.0
5.6
7.9
6.6
5.7
9.9
7.8
5.3
5.4
5.2
4.4
4.0
5.8
3.5
0.3
4.9
4.8
3.8
4.4
5.6
5.8
2.3
5.8
5.5
3.4
4.1
5.4
2.7
4.7
5.5
4.6
4.4
4.6
3.9
4.5
4.4
3.9
5.4

4.5
6.0
4.4
4.8
4.2
6.3
3.9
6.0
13.2
6.2
4.6
9.1
6.7
2.7
5.1
4.1
3.9
3.3
4.8
4.6
0.1
3.6
4.2
2.6
4.0
6.3
5.6
4.9
4.9
3.2
3.5
3.4
3.4
0.0
4.9
3.6
5.0
3.8
3.8
4.2
3.2
4.0
3.4
4.9

4.9
5.4
5.9
5.3
4.5
5.5
3.1
4.1
5.9
5.5
4.6
7.9
6.0
4.8
6.4
3.9
3.6
4.6
4.1
4.4
0.0
2.2
4.8
3.7
4.9
4.7
5.3
2.3
4.8
5.2
4.2
6.2
3.9
2.7
3.9
2.9
4.1
4.0
1.9
4.6
3.7
4.6
3.6
4.8

4.2
4.5
5.2
2.7
3.2 42.6*
4.9
3.8
5.8
4.4
4.8
3.5
4.1
4.3
4.1
4.8
5.0
4.1
3.2
3.3
3.4
3.6
4.9
4.2
3.8
3.8
2.3
5.2
6.1
5.3
4.6
4.9
3.8
6.1
7.6
3.8
4.7
4.5
4.3
3.8
4.3
4.4
6.9
3.6
5.0
4.7
5.5
3.5
2.9
3.7
3.2
3.3
3.5
4.7
3.9
6.2
4.5
1.8
1.9
1.4
0.3
0.2
0.3
2.9
2.7
2.3
4.3
6.1
5.4
2.5
2.9
2.9
5.7 11.1* 9.6*
6.6
6.9
6.8
4.4
4.6
4.5
1.5
5.1
3.3
3.9
6.5
4.2
3.3
3.6
0.0
4.1
4.0
4.9
4.8
7.6
6.1
2.9
2.6
4.1
8.2
5.9
6.2
4.1
4.2
6.5
2.4
4.6
4.1
4.5
4.2
6.8
3.7
4.2
3.7
3.5
4.1
4.5
2.6
2.1
3.7
5.4
4.3
4.9
3.6
4.6
3.2
2.3
3.6
3.2
4.3
4.9
4.6

3.8
4.0
3.8
3.6
4.0
4.5
2.6
3.9
4.1
4.7
3.0
3.4
6.2
5.6
7.6
2.4
3.8
3.7
4.5
3.4
0.5
3.6
4.6
4.1
6.9
4.2
4.3
2.1
4.8
1.2
6.1
3.1
4.9
3.3
2.9
1.4
3.1
3.7
3.8
4.9
4.3
3.3
3.2
4.2

5.7
5.6
2.8
6.1
5.5
4.8
3.7
4.3
3.0
6.4
3.4
3.6
6.3
3.8
7.3
3.2
2.8
3.4
3.3
1.0
2.0
2.6
4.6
4.6
6.1
4.1
4.0
3.2
3.1
3.8
10.0
3.6
3.4
3.1
3.5
1.5
3.9
3.6
3.4
3.1
3.1
4.0
2.5
4.4

5.3
1.1
2.8
6.3
4.5
5.2
3.4
5.9
3.0
5.6
3.3
4.1
7.3
4.6
7.1
3.8
3.4
3.8
3.6
3.9
0.0
3.3
6.1
5.6
10.9
6.2
5.3
3.2
6.3
3.9
6.5
4.5
4.0
4.6
5.0
1.9
5.6
4.6
3.9
3.6
3.4
5.6
3.5
5.2

4.7
3.7
21.0*
4.0
4.2
4.5
3.1
5.3
3.2
4.5
3.5
3.7
5.5
3.9
6.7
3.5
6.7
3.7
4.3
22.0*
1.8
1.3
6.8
6.4
11.8*
5.5
5.2
5.7
2.9
19.9*
8.8
3.5
9.9
3.1
3.7
1.7
4.0
3.4
4.2
3.3
3.2
3.3
3.2
5.1

* vacancy rate affected by new units leasing up

without data from lease up properties, the vacancy rates would be: Commerce City/Brighton: 4.2, City of Boulder-Excp Univ: 7.5, Denver-Downtown: 6.4, Denver-Northwest: 2.3

I-5

4th

2014

2nd

2nd

3rd

4th

Current Survey Responses

Number Vacant
Totals for Denver Area

Units Reporting

Vacancy Rate

6,129

119,639

5.1

By County
Adams

738

15,596

4.7

1,849

41,527

4.5

Boulder

718

10,672

6.7

Denver

2,057

30,103

6.8

Douglas

318

8,596

3.7

Jefferson

449

13,145

3.4

Arapahoe

By Market Area
Adams County
Aurora-North

30

812

3.7

Commerce City/Brighton

128

609

21.0

Northglenn/Thornton

300

7,469

4.0

Westminster

280

6,706

4.2
3.1

Arapahoe County
Arapahoe County - South

79

2,584

174

3,306

5.3

Aurora - Central Northeast

72

2,274

3.2

Aurora - Central Northwest

209

4,611

4.5

Aurora - Central Southeast

174

4,904

3.5

Aurora - Central Southwest

259

7,041

3.7

Aurora - South

525

9,473

5.5

Englewood, Sheridan

105

2,706

3.9

Glendale

189

2,809

6.7

Littleton

63

1,819

3.5
3.7

Arapahoe County - Southeast

Boulder/Broomfield Counties
77

2,079

Broomfield

Boulder County - Other

178

4,112

4.3

City of Boulder - Except University

428

1,947

22.0

City of Boulder - University Area

396

1.8

28

2,138

1.3

Denver - Central

265

4,152

6.4

Denver - Downtown*

571

4,847

11.8

Denver - East Central

117

2,116

5.5

Denver - Far Southeast

353

6,740

5.2

Denver - North Central

37

652

5.7

Denver - Northeast

94

3,206

2.9

Denver - Northwest

115

577

19.9

Denver - South Central

157

1,775

8.8

Denver - Southeast

119

3,443

3.5

Denver - Southwest

216

2,182

9.9

13

413

3.1

Longmont
Denver City/County

Denver - West Central

Douglas County
Castle Rock
Douglas County - North

20

1,180

1.7

298

7,416

4.0
4.2

Jefferson County
Arvada

84

1,984

Golden

33

995

3.3

Lakewood - North

51

1,588

3.2

Lakewood - South

239

7,277

3.3

42

1,301

3.2

Wheat Ridge

* vacancy rate affected by new units leasing up

I-6

REPORT DESCRIPTION AND METHODOLOGY

The purpose of the Quarterly Denver Area Apartment Vacancy Survey is to show vacancy rates by type of
apartment (efficiency; one bedroom; two bedroom, one bath; two bedroom, two bath; three bedroom; and
other) and rent levels by location, age and size of building. In addition, information on estimates of new
apartment inventory and absorption is also provided.
The survey covers six counties (market areas in parentheses):
Adams (4), Arapahoe (10),
Boulder/Broomfield (5), Denver (11), Douglas (2), and Jefferson (5). A composite report of the total six
county areas are also provided. A geographical definition of each market area is given at the end of each
county section of this report.
The market areas are:
Adams County
Aurora North
Commerce City
Northglenn/Thornton
Westminster
Arapahoe County
Arapahoe County South
Arapahoe County Southeast
Aurora Central Northeast
Aurora Central Northwest
Aurora Central Southeast
Aurora Central Southwest
Englewood/Sheridan
Glendale
Littleton
Boulder/Broomfield Counties
Boulder County Other
Broomfield
City of Boulder Except University
City of Boulder University Area
Longmont
Denver City/County
Denver Central
Denver Downtown
Denver East Central
Denver Far Southeast
Denver North Central
Denver Northeast
Denver Northwest
Denver South Central
Denver Southeast
Denver Southwest
Denver W est Central
Douglas County
Castle Rock
Douglas County North
Jefferson County
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge

The source for the Census Tract information was the Denver Regional Council of Governments, 1990
Census Tracts, Denver Region, Regional Data Series; U. S. Census, 1990 Census of Population and
Housing, Population and Housing Characteristics for Census Tracts and Block Numbering Areas, DenverBoulder CO CMSA (Part) Denver, CO PMSA Maps. A pt next to a tract indicates that it is only partially
located in the geographic entity.
Where market areas/jurisdictions overlap more than one county, they are placed in the county in where it
has the largest population concentration. Examples are Broomfield and W estminster.
The vacancy rate was calculated based on the number of units reporting in each category, and the
corresponding number of vacant units.
All vacancy and rental rates are for the 10th of the month of the survey (March, June, September,
December). In addition, the samples were taken with the assumption that the rates were for unfurnished
rental units with residents paying electricity and gas. Turnover rates are based on the months of
February, May, August and November.
The sample of apartment complexes/buildings surveyed was developed from official lists. Surveys were
completed online and via paper forms, which were checked for completeness and accuracy. Tabulations
were performed by the use of digital database and spreadsheet programs. The cumulative total has a
confidence interval of +/-1 percent at the 95 percent confidence level.
The excellent industry cooperation by the Apartment Association of Metro Denver, Institute of Real Estate
officials, and apartment owners and managers is greatly appreciated. Survey management and analysis
was managed by Ron L. Throupe, Ph.D., University of Denver; Jennifer L. Von Stroh, of Colorado
Economic and Management Associates. Assisting were S.P. Von Stroh, Ph.D.; C.M. Von Stroh, MBA,
MA; J.C. Von Stroh, Ph.D., MBA; and J.E. Von Stroh, J.D, MS.
The information for this survey was obtained from participating apartment managers, owners, and
property managers. All information collected on each building/complex is TOTALLY CONFIDENTIAL,
only survey totals are published. Information furnished by participants is considered reliable. The
sponsors and author make no warranty, expressed or implied, and assume no legal liability or
responsibility for the inclusion of data from the participants in the survey or for the use of the data from the
Survey. Any quotations of the survey must indicate the sponsors and the author.
This report is copyrighted by Jennifer L. Von Stroh. It is both unethical and illegal to make
photocopies of, or distribute electronically, this report without express written permission of the
author.

Section II - Metro Area

Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area
Vacancy Rate by County by Quarter
Vacancy Rate by Size of Building
Vacancy Rate by Age of Building
Average Rents by Market Area
Average Rent by County by Apartment Type
Rent per Square Feet by Apartment Type
Rent per Square Feet by Apartment Unit Size
Rental Losses by Quarter
Estimate of Total Apartments by Year
New Apartment Units Added in Metro Area by Year
Apartment Units Built in Current Quarter
Units Absorbed per Year
Monthly Resident Turnover
Vacancy Rates by County by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by County by Quarter
Average Rent by Size of Building

II-1
II-1
II-2
II-2
II-3
II-3
II-4
II-4
II-5
II-5
II-6
II-6
II-7
II-7
II-8
II-8
II-9
II-9
II-10
II-10

Vacancy Rates by County

Vacancy Rates by Size of Building by County
Vacancy Rates by Size of Apartment Unit by County
Vacancy Rates by Age of Building by County
Vacancy Rates by Apartment Type by County

II-11
II-12
II-13
II-14
II-15

Average Rents by Apartment Type by County

Average Rents by Age of Building by County
Average Rents by Size of Building by County

II-16
II-17
II-18

Average Rent per Square Foot by Apartment Type by County

Average Rent per Square Foot by Apartment Unit Size by County

II-19
II-20

Rental Losses by Size, Age and County

Economic Vacancy Rates by Size, Age and County

II-21
II-22

Average Rents for the Metropolitan Area

Average Rents for Buildings with Up to Six Units
Average Rents for Buildings with Seven to Thirty-Six Units
Average Rents for Buildings with Thirty-Seven and Above Units
Average Rents for Buildings with Five Stories and Above

II-23
II-24
II-25
II-26
II-27

Median Rents by Apartment Type by County

II-28

Average Rent for Apartment Building/Community Features and Amenities

II-29

Estimate of New Apartments by County by Quarter

II-30

Apartment Unit Absorption by Quarter and Year

II-31

Monthly Resident Turnover by Size, Age and County

II-32

Vacancy Rates During the Current Quarter - Cumulative Totals

II-33

Tables

81 Q1
81 Q3
82 Q1
82 Q3
83 Q1
83 Q3
84 Q1
84 Q3
85 Q1
85 Q3
86 Q1
86 Q3
87 Q1
87 Q3
88 Q1
88 Q3
89 Q1
89 Q3
90 Q1
90 Q3
91 Q1
91 Q3
92 Q1
92 Q3
93 Q1
93 Q3
94 Q1
94 Q3
95 Q1
95 Q3
96 Q1
96 Q3
97 Q1
97 Q3
98 Q1
98 Q3
99 Q1
99 Q3
00 Q1
00 Q3
01 Q1
01 Q3
02 Q1
02 Q3
03 Q1
03 Q3
04 Q1
04 Q3
05 Q1
05 Q3
06 Q1
06 Q3
07 Q1
07 Q3
08 Q1
08 Q3
09 Q1
09 Q3
10 Q1
10 Q3
11 Q1
11 Q3
12 Q1
12 Q3
13 Q1
13 Q3
14 Q1

1200

81 Q1
81 Q3
82 Q1
82 Q3
83 Q1
83 Q3
84 Q1
84 Q3
85 Q1
85 Q3
86 Q1
86 Q3
87 Q1
87 Q3
88 Q1
88 Q3
89 Q1
89 Q3
90 Q1
90 Q3
91 Q1
91 Q3
92 Q1
92 Q3
93 Q1
93 Q3
94 Q1
94 Q3
95 Q1
95 Q3
96 Q1
96 Q3
97 Q1
97 Q3
98 Q1
98 Q3
99 Q1
99 Q3
00 Q1
00 Q3
01 Q1
01 Q3
02 Q1
02 Q3
03 Q1
03 Q3
04 Q1
04 Q3
05 Q1
05 Q3
06 Q1
06 Q3
07 Q1
07 Q3
08 Q1
08 Q3
09 Q1
09 Q3
10 Q1
10 Q3
11 Q1
11 Q3
12 Q1
12 Q3
13 Q1
13 Q3
14 Q1

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter

16

14

12

10

Quarter

Average Rent by Quarter

1000

800

600

400

200

Quarter

II-1

Percent Vacant
7
Aurora-North

Adams
13 Q2
13 Q3

13 Q4
14 Q1

Arapahoe

Boulder/
Broomfield

II-2

Denver

County

Douglas

Jefferson

Wheat Ridge

Lakewood-South

Lakewood-North

Golden

Arvada

Douglas County-North

Castle Rock

Denver-West Central

Denver-Southwest

Denver-Southeast

Denver-South Central

Denver-Northwest

Denver-Northeast

Denver-North Central

Denver-Far SE

Denver-East Central

Denver-Downtown

Denver-Central

Longmont

City of Bldr-Unv. Area

City of Bldr-Except Unv.

Broomfield

Boulder County-Other

Littleton

Glendale

Englewood/Sheridan

Aurora-South

Aurora-Central SW

Aurora-Central SE

Aurora-Central NW

Aurora-Central NE

Arapahoe Co-Southeast

Arapahoe Co-South

Westminster

Northglenn/Thornton

Commerce City

Percent Vacant

Vacancy Rate by Market Area

25

20

15

10

Market Area

Vacancy Rate by County by Quarter

Metro Average

Vacancy Rate by Size of Building

7
13 Q2
6

13 Q3
13 Q4

Percent Vacant

14 Q1

0
Up to 8

9 to 50

51 to 99

100 to 199

200 to 349

350 up

Number of Units in Building

Vacancy Rate by Age of Building

20
18

13 Q2

Percent Vacant

13 Q3
16

13 Q4

14

14 Q1

12
10
8
6
4
2
0
To 1939

1940-49

1950-59

1960-69

1970-79

Year Built

II-3

1980-89

1990-99

2000-04

2005 up

Rent (in dollars)

Aurora-North

Adams

Arapahoe

Boulder/ Broomfield

II-4

Denver

County

1600

1400

Douglas

Jefferson

Wheat Ridge

Lakewood-South

Lakewood-North

Golden

Arvada

Douglas County-North

Castle Rock

Denver-West Central

Denver-Southwest

Denver-Southeast

Denver-South Central

Denver-Northwest

Denver-Northeast

Denver-North Central

Denver-Far SE

Denver-East Central

Denver-Downtown

Denver-Central

Longmont

City of Bldr-Unv. Area

City of Bldr-Except Unv.

Broomfield

Boulder County-Other

Littleton

Glendale

Englewood/Sheridan

Aurora-South

Aurora-Central SW

Aurora-Central SE

Aurora-Central NW

Aurora-Central NE

Arapahoe Co-Southeast

Arapahoe Co-South

Westminster

Northglenn/Thornton

Commerce City

Rent (in dollars)

Average Rent by Market Area

1800

1600

1400

1200

1000

800

600

400

200

Market Area

Average Rent by County by Apartment Type

1800

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1200

1000

800

600

400

200

Metro Average

Rent per Square Foot by Apartment Type

Rent per Square Foot (in dollars)

1.8
13 Q2

13 Q3

13 Q4

14 Q1

1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size

1.8

Rent per Square Foot (in dollars)

13 Q2
1.6

13 Q3
13 Q4

1.4

14 Q1
1.2
1
0.8
0.6
0.4
0.2
0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

II-5

1000 above

Number of Apartment Units

0
90 Q1
90 Q2
90 Q3
90 Q4
91 Q1
91 Q2
91 Q3
91 Q4
92 Q1
92 Q2
92 Q3
92 Q4
93 Q1
93 Q2
93 Q3
93 Q4
94 Q1
94 Q2
94 Q3
94 Q4
95 Q1
95 Q2
95 Q3
95 Q4
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1

Loss (in percent)

Rental Losses by Quarter

20

18

16

14

12

10

Quarter

Estimate of Total Apartments by Year

320,000

300,000

280,000

260,000

240,000

220,000

200,000

89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14

Year

II-6

New Apartment Units Added in Metro Area by Year

10000
93009400

9123

8000

7949

7761

7500

7000
6445

63006200

6000

5669

5600

5626

5594

5000
4500
3800

2887

2799

25482517

2000

2262

2033
1729

2152
1973

1166
889

1146
657
14

11

10

09

08

07

06

05

04

03

02

01

00

99

98

97

96

95

94

92

91

89

88

87

86

85

84

83

82

81

80

253

498

446
93

1000
0

3791

13

3000

3791

3584

3526

12

4000

90

Number of Apartment Units

9000

Year

Apartment Units Built in Current Quarter

700
657

Number of Apartment Units

600
483

500

400

300

174

200

100
0

Denver

Douglas

Jefferson

0
0
Adams

Arapahoe

Boulder

County

II-7

Metro Totals

II-8

Year

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

Number of Apartment Units

14

13

12

11

10

09

08

07

06

05

04

03

02

01

00

99

98

97

96

95

94

93

92

91

90

89

88

87

86

85

84

83

82

81

80

96 Q3

96 Q1

Turnover (in percent)

Units Absorbed per Year

14000

12000

10000

8000

6000

4000

2000

-2000

-4000

Year

Monthly Resident Turnover

12

10

Vacancy Rates by County by Apartment Type

18
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

16

Percent Vacant

14
12
10
8
6
4
2
0
Adams

Arapahoe

Boulder

Denver

Douglas

Jefferson

Metro Average

County

Vacancy Rate by Apartment Type by Quarter

8
13 Q2

13 Q3

13 Q4

14 Q1

Percent Vacant

6
5
4
3
2
1
0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Quarter

II-9

Three Bed

Average

Median Rent by County by Quarter

1400
13 Q2
13 Q3

1200

13 Q4
14 Q1

Rent (in dollars)

1000

800

600

400

200

0
Adams

Arapahoe

Boulder

Denver

Douglas

Jefferson

Metro Area

County

Average Rent by Size of Building

1400

$1,272.66

1200

$1,079.67

Rent (in dollars)

1000
800

$878.78
$792.86

600
400
200
0
Up to 6 units

7 - 36 units

37 + units

Size of Building

II-10

5 Story or More

Vacancy Rates by County

First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2005
County

1st

Adams

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro Average

2006

2nd

3rd

4th

1st

2nd

10.6

8.7

7.7

8.1

7.0

6.1

1.0

-1.2

0.1

-3.6

-3.6

-2.6

3rd

2007
4th

1st

2nd

6.4

7.4

7.8

-1.4

-0.7

0.8

2008

3rd

4th

6.3

5.9

0.2

-0.5

2009
3rd

2010
4th

1st

2nd

2011

1st

2nd

3rd

4th

1st

2nd

3rd

7.4

6.4

6.8

7.5

8.8

8.4

8.5

6.7

6.3

6.8

5.2

4.4

0.0

-1.3

0.4

1.5

1.4

1.9

1.8

-0.8

-2.5

-1.6

-3.3

-2.2

4th

2012

1st

2nd

3rd

4th

1st

2nd

5.7

5.6

5.2

5.3

5.3

4.5

4.9

-0.6

-1.2

0.0

0.9

-0.5

-1.1

-0.3

2014

2013
3rd

4th

1st

2nd

3rd

4th

4.2

4.5

-1.1

-0.7

1st

5.2

3.8

5.7

5.3

4.7

0.6

-1.1

1.4

0.8

-0.4

9.9

9.6

9.7

8.8

7.9

7.2

6.9

6.7

6.9

7.0

6.9

6.8

6.5

6.6

7.0

7.4

7.8

8.3

8.1

7.5

7.1

6.2

5.7

5.5

5.2

5.3

5.5

5.3

5.1

5.0

4.7

4.6

4.7

4.4

4.8

5.0

4.9

8.9

7.4

6.8

7.4

7.0

6.8

6.7

7.4

7.8

6.1

5.0

6.0

6.5

5.9

6.9

8.3

9.7 10.7

8.5

8.6

7.2

6.4

6.7

6.6

6.4

5.5

5.6

6.8

6.3

5.5

4.8

5.0

4.1

4.5

4.8

5.2

4.5

-1.9

-2.4

-2.4

-2.7

-1.9

-0.5

-0.1

0.0

0.8

-0.7

-1.7

-1.4

-1.4

-0.2

1.9

2.3

3.3

4.7

1.6

0.3

-2.5

-4.2

-1.8

-2.0

-0.8

-1.0

-1.2

0.2

-0.2

0.1

-0.8

-1.8

-2.1

-1.0

0.0

0.1

0.3

9.5

8.9

8.3

7.6

7.1

7.0

7.0

7.0

7.2

7.0

6.6

6.2

5.9

5.8

6.3

6.9

7.7

8.9

9.3

9.4

8.7

7.7

7.2

6.7

6.6

6.3

6.0

6.1

6.0

6.1

5.9

5.4

4.9

4.6

4.6

4.6

4.7

11.1

8.7

7.8

7.3

6.9

7.0

4.8

5.5

4.7

4.0

3.6

5.4

5.7

6.4

4.7

6.1

6.0

7.2

5.5

5.8

5.0

4.9

3.5

3.6

4.9

4.6

4.7

4.4

3.9

3.6

2.9

3.7

3.2

3.8

2.8

3.4

6.7

0.1

-0.8

1.8

-1.7

-4.2

-1.6

-3.0

-1.7

-2.2

-3.0

-1.1

-0.1

0.9

2.4

1.1

0.6

0.3

0.8

0.8

-0.3

-1.0

-2.2

-2.0

-2.2

-0.2

-0.3

1.2

0.9

-1.0

-1.0

-1.8

-0.7

-0.6

0.2

-0.2

-0.3

3.5

8.9

8.7

9.1

8.7

7.6

7.2

6.5

6.0

5.5

4.8

4.5

4.4

4.7

5.3

5.5

5.7

5.8

6.0

6.2

6.1

5.9

5.3

4.8

4.3

4.2

4.1

4.4

4.7

4.4

4.2

3.7

3.5

3.4

3.4

3.4

3.3

4.2

9.2

8.7

9.6

8.7

7.8

7.6

7.3

6.9

7.2

6.1

5.7

5.5

5.1

5.7

6.0

8.0

8.6

9.8

8.5

8.8

6.9

7.4

5.3

5.2

4.8

4.1

4.3

4.8

4.2

4.8

4.3

6.1*

5.4

4.6

4.6

6.1

6.8

-1.0

-1.4

1.3

-1.1

-1.4

-1.1

-2.3

-1.8

-0.6

-1.5

-1.6

-1.4

-2.1

-0.5

0.3

2.5

3.5

4.1

2.5

0.8

-1.6

-2.3

-3.2

-3.6

-2.1

-3.3

-1.0

-0.5

-0.6

0.6

0.0

1.4

1.2

-0.2

0.3

0.0

1.5

9.4

9.0

9.3

9.1

8.7

8.4

7.9

7.4

7.3

6.9

6.5

6.1

5.6

5.5

5.6

6.2

7.1

8.1

8.7

8.9

8.5

7.9

7.1

6.2

5.7

4.9

4.6

4.5

4.3

4.5

4.5

4.9

4.8

4.7

4.8

5.2

5.5

8.4

6.4

7.5

8.1

8.2

5.7

6.4

7.0

6.4

5.8

5.5

7.0

6.1

8.3

5.9

7.4

7.1

5.8

4.3

5.5

4.4

3.9

4.4

5.2

5.3

3.8

3.8

4.7

4.9

3.9

4.1

4.2

6.5

2.9

3.5

5.0

3.7

-6.1

-3.4

-1.7

-2.0

-0.3

-0.6

-1.1

-1.0

-1.8

0.1

-0.9

0.0

-0.3

2.5

0.4

0.4

0.9

-2.5

-1.6

-1.9

-2.6

-1.9

0.1

-0.3

0.9

-0.1

-0.6

-0.5

-0.5

0.1

0.3

-0.4

1.6

-1.0

-0.6

0.8

-2.8

9.4

8.5

8.1

7.6

7.5

7.4

7.1

6.8

6.4

6.4

6.2

6.2

6.1

6.7

6.8

6.9

7.2

6.5

6.1

5.7

5.0

4.5

4.5

4.5

4.7

4.7

4.5

4.4

4.3

4.3

4.4

4.3

4.7

4.4

4.3

4.5

3.8

8.5

8.0

6.8

7.6

7.5

7.3

7.2

6.6

6.3

7.4

5.3

6.0

5.6

6.0

6.5

7.3

7.6

7.2

6.3

7.3

5.8

5.4

3.9

4.5

4.7

4.5

4.4

4.4

3.8

4.0

3.7

4.2

3.7

3.7

3.6

4.6

3.4

-0.6

-1.1

-1.7

-1.7

-1.0

-0.8

0.5

-1.0

-1.2

0.1

-1.9

-0.5

-0.7

-1.4

1.1

1.2

1.9

1.2

-0.2

0.0

-1.8

-1.8

-2.3

-2.8

-1.1

-0.9

0.5

-0.1

-0.9

-0.6

-0.7

-0.2

-0.1

-0.3

-0.1

0.5

-0.3

8.9

8.6

8.2

7.7

7.5

7.3

7.4

7.1

6.9

6.9

6.4

6.3

6.1

5.8

6.0

6.3

6.8

7.1

7.1

7.1

6.6

6.2

5.6

4.9

4.6

4.4

4.5

4.5

4.3

4.1

4.0

3.9

3.9

3.8

3.8

3.9

3.8

9.3

8.0

7.7

7.9

7.4

6.9

6.7

7.0

7.1

6.2

5.3

6.1

5.9

6.2

6.5

7.9

8.4

9.0

7.4

7.7

6.5

6.1

5.3

5.5

5.5

4.8

4.9

5.4

4.9

4.8

4.3

4.9

4.6

4.2

4.4

5.2

5.1

-1.2

-1.7

-0.8

-2.1

-1.9

-1.1

-0.9

-0.9

-0.3

-0.8

-1.4

-0.9

-1.2

0.0

1.2

1.8

2.5

2.8

0.9

-0.2

-1.9

-2.9

-2.1

-2.2

-1.0

-1.3

-0.3

-0.1

-0.6

0.0

-0.7

-0.5

-0.3

-0.6

0.2

0.2

0.5

9.4

8.9

8.7

8.2

7.7

7.5

7.2

7.0

6.9

6.7

6.4

6.2

5.9

5.9

6.2

6.6

7.2

8.0

8.2

8.1

7.6

6.9

6.4

5.9

5.6

5.3

5.2

5.2

5.0

5.0

4.8

4.7

4.6

4.5

4.5

4.6

4.7

Due to rounding of the vacancy rate, numbers may not always add exactly.
* vacancy rate affected by new units leasing up

II-11

2nd

3rd

4th

Vacancy Rates by Size of Building by County

(In Percent)
Number of
Units
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 up
Arapahoe Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Boulder/
Up to 8
Broomfield 9 to 50
51 to 99
100 to 199
200 to 349
350 up
Denver
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Douglas
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Jefferson
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Metro
Up to 8
Average
9 to 50
51 to 99
100 to 199
200 to 349
350 up
County
Adams

2005

2006

1st
10.0
9.6
11.9
8.8
11.1
10.5
10.6
10.4
9.3
9.5
8.2
9.2
12.3
4.0
11.0
7.8
11.8
13.8
10.6
12.3
11.0
6.3
8.2
9.9

2nd
7.7
6.7
7.7
7.5
8.5
10.0
11.8
11.7
8.9
8.8
7.1
6.8
10.2
5.7
8.0
10.0
7.8
9.7
8.0
11.4
8.1
5.7
7.3
11.3

3rd
9.1
6.4
6.5
8.0
7.8
7.7
8.0
6.0
9.1
6.9
5.8
7.8
3.6
8.0
5.2
5.3
7.0
10.5
6.1
12.7
11.2
7.9
7.0
12.1

10.8
0.0

2.0
3.1

0.0

4th
0.0
11.3
5.6
6.2
8.2
8.9
6.3
7.8
9.6
5.0
7.1
8.3
2.1
5.4
5.1
6.2
8.9
7.0
9.0
11.4
10.9
6.4
6.8
10.5

2007

1st 2nd 3rd 4th

1st 2nd
0.0 0.0 15.4 0.0 0.0
4.0 3.9 7.4 3.8 1.0 12.1
9.6 5.2 5.8 12.5 16.6 9.4
5.6 6.1 6.8 9.1 8.6 5.4
6.3 5.8 6.3 6.9 7.7 5.9
8.2 6.8 6.3 7.1 7.2 7.0
7.3 10.8 8.8 5.6 5.9 11.0
5.3 8.8 4.8 15.2 14.3 8.2
7.9 9.0 8.3 15.3 6.8 7.6
7.2 7.2 7.6 7.5 9.0 7.2
6.6 5.8 5.1 6.7 7.2 5.0
7.5 7.6 8.2 6.9 8.0 6.7
7.3 9.1 7.3 0.0 2.1 5.6
4.8 4.4 4.5 2.6 2.4 3.3
3.7 6.8 6.5 5.8 2.2 2.5
6.9 7.3 5.0 4.5 4.3 5.9
6.4 7.9 4.9 6.9 5.7 4.0
9.0 6.0 3.9 4.8 4.1 2.3
4.9 8.6 4.9 3.2 5.1 5.1
8.2 7.3 6.0 6.3 6.4 6.2
7.4 8.0 7.2 6.6 5.7 4.7
6.2 5.0 7.0 7.3 8.0 4.3
7.6 5.9 6.8 6.8 7.5 7.9
8.8 10.8 8.4 7.2 7.3 5.3
6.0

9.9 6.6 7.5 8.8 8.7

7.6 6.3 7.5 7.7 7.9
13.0 17.6 9.1 11.1 4.4
9.1 8.2 9.7 8.3 7.3
6.8 7.5 6.5 6.0 4.9
8.3 9.2 7.0 6.9 8.7
10.4 9.8 8.3 8.6 9.5
6.6 5.2 4.4 7.1 4.6
11.0 10.3 6.6 7.6 5.5
10.6 10.1 10.3 10.1 7.3
9.8 7.9 8.6 8.2 6.9
8.2 8.1 7.1 6.1 7.1
9.4 7.8 7.0 7.7 7.4
9.3 8.0 8.3 8.5 7.6

8.0

6.5
5.3
5.1
7.9
7.0
8.8
8.1
5.2
8.3
7.3
7.6
6.9
6.4
7.4

4.8

7.3
5.8
2.4
9.1
9.2
6.6
7.9
6.4
5.7
6.3
7.6
6.8
6.3
7.2

4.0

7.3
6.9
1.2
8.9
5.9
6.3
7.3
5.8
3.8
7.5
8.7
7.1
6.9
6.8

2008

3rd
0.0
0.0
6.3
5.6
5.9
6.2
3.8
6.4
4.7
6.6
4.4
5.1
0.0
3.3
3.2
2.8
3.6
4.7
5.2
7.6
5.2
4.9
6.3
4.9

14.0 10.8 13.3

7.7
5.7
3.0
7.3
5.8
7.4
6.1
5.7
4.4
7.1
6.5
7.7
7.1
6.9

6.1
5.6
9.6
7.9
6.7
6.4
8.6
6.5
7.2
6.9
6.1
5.9
6.3
6.0

5.8
5.3
5.8
6.6
6.2
5.2
5.6
4.7
4.6
6.9
5.3
5.3
5.3
5.2

6.5
7.3
6.0
6.2
5.0
5.6
6.5
5.5
6.0
5.4
4.8
5.4
6.0
6.6

7.1

5.6
6.4
3.5
4.9
7.8
4.8
6.3
5.0
4.8
5.1
6.9
4.8
5.9
6.3

4th
1st 2nd 3rd 4th
1st 2nd
0.0
0.0 0.0 0.0
7.2 7.7 10.6 10.1 7.7 7.1 8.8
4.7 8.2 10.2 8.7 9.4 10.3 8.7
9.4 7.5 9.1 10.2 5.7 6.2 5.8
8.6 8.6 7.7 6.8 6.9 8.1 5.3
9.2 8.4 9.2 5.1 5.7 4.9 4.5
0.0 5.0 1.8 5.2 10.0 2.0 1.8
9.0 10.4 14.2 8.9 13.7 9.2 9.7
8.5 7.9 10.8 10.6 6.4 8.8 8.5
6.6 7.0 6.3 8.3 9.2 9.1 7.5
8.7 10.4 9.3 8.7 7.4 5.6 5.0
8.2 9.8 12.9 8.3 9.2 7.9 7.1
0.0 0.0 6.7 3.6 0.0 2.7 0.0
1.6 2.1 5.5 3.7 5.4 2.5 2.4
4.1 2.9 7.3 3.4 5.8 6.0 8.3
4.8 4.8 7.7 4.8 5.5 4.7 5.8
5.3 5.3 6.2 6.7 5.8 6.1 5.3
9.1 9.1 8.4 4.9 5.9 4.1 3.9
8.8 6.9 4.3 3.7 2.6 5.2 5.6
8.2 6.4 9.1 7.1 9.1 6.6 7.3
5.9 4.4 6.0 6.5 8.7 7.9 7.3
5.9 8.6 6.3 7.2 6.5 7.4 7.4
9.2 10.4 9.6 8.5 7.6 5.4 6.7
8.0 7.9 12.8 10.0 11.1 8.4 8.5
14.3
7.8

7.6
8.7
3.9
5.6
7.3
7.7
5.9
4.5
4.8
5.5
5.4
5.2
6.3
6.6

2010

2009

4th
1st 2nd 3rd
0.0
10.0
3.8 7.4 10.6 7.0
7.7 6.9 5.1 4.3
5.6 5.7 4.2 5.8
6.6 6.4 6.8 7.3
9.0 6.9 7.5 8.3
1.6 2.7 1.4 8.5
1.8 5.8 3.6 6.9
4.3 10.8 5.5 8.3
7.5 5.0 5.3 4.9
5.2 6.3 5.6 7.5
6.5 6.7 6.5 6.7
0.0 0.0 0.0 0.0
2.1 1.6 2.2 4.4
3.6 5.0 2.9 5.2
3.4 4.2 3.7 3.9
5.8 5.4 7.2 4.4
7.4 7.8 8.4 5.6
8.4 7.1 7.1 7.0
6.1 5.3 5.8 6.6
4.5 4.7 4.8 4.9
4.0 4.5 4.4 4.4
6.3 5.2 6.3 6.3
5.3 5.2 5.7 6.4

6.0 8.0
5.8 7.1
4.0 10.3
4.5 5.9
8.6 7.7
6.6 8.5
7.7 8.4
4.7 5.2
5.9 7.2
6.1 7.4
6.3 6.5
5.2 7.1
6.9 8.4
6.5 7.9

0.0

0.0
19.2

0.0 21.4

7.1

7.4 5.9 4.6 5.9

6.9 5.5 4.1 5.1
7.6 7.1 13.8 8.1
7.5 7.7 5.8 8.1
8.8 9.0 6.0 12.2
9.8 8.2 6.4 8.0
7.5 8.0 7.5 6.8
5.7 4.7 4.5 6.1
6.3 4.9 7.1 5.0
6.8 9.3 7.1 9.3
6.5 8.3 7.0 9.3
7.8 7.2 7.3 7.4
9.0 8.4 7.7 7.1
8.3 10.3 7.1 8.2

5.9
4.1
4.5
5.5
5.5
6.7
7.2
5.8
4.7
4.6
6.5
7.9
7.2
5.9
6.7

* vacancy rate affected by new units leasing up

II-12

2011

3rd
0.0
7.9
9.8
5.9
4.4
3.4
1.6
4.9
5.1
5.8
5.8
7.8
0.0
2.0
1.4
3.0
3.5
4.3
3.3
6.0
6.2
6.8
4.6
5.2

4th
0.0
6.9
7.8
6.1
6.6
4.4
1.8
9.7
4.2
5.4
5.5
7.7
0.0
1.3
6.2
2.4
3.6
4.5
3.6
3.9
5.8
7.5
4.8
5.1

1st
0.0
4.5
8.3
6.5
6.1
4.5
6.1
5.6
4.0
5.4
5.1
7.9
0.0
1.4
4.4
2.8
6.2
4.7
1.7
3.9
4.3
5.7
4.5
5.2

2nd
0.0
5.9
6.3
3.8
5.2
5.8
11.1
2.9
4.4
5.8
4.4
6.3
0.0
0.7
2.0
3.9
5.4
4.8
3.1
4.3
6.1
3.7
3.2
5.0

14.3 7.1 0.0

3rd
0.0
6.6
4.1
6.2
5.3
5.1
6.8
3.0
2.6
5.6
4.3
6.6
5.8
0.3
1.7
4.6
4.6
5.8
2.4
3.4
4.4
3.3
4.5
4.6

2013

2012
4th 1st
0.0 50.0
2.9 3.9
5.3 1.2
5.2 3.4
5.2 4.9
5.4 4.6
0.0 2.4
6.3 3.3
3.0 1.4
4.7 4.5
5.1 4.9
8.7 7.8
1.7 3.3
0.0 0.4
1.4 1.3
2.7 3.9
5.1 3.9
5.2 4.4
2.1 0.7
3.0 2.4
3.7 4.0
5.7 4.1
5.0 4.5
4.8 4.5

2nd
0.0
5.7
2.8
6.4
4.8
4.7
5.6
1.2
6.8
4.3
4.3
6.8
4.7
1.9
1.7
3.8
3.7
3.7
3.9
3.8
5.2
4.0
5.4
4.6

0.0

3rd
0.0
3.6
3.4
6.3
4.0
3.9
7.9
2.1
2.9
3.7
4.2
5.5
4.7
1.4
2.0
1.4
2.8
4.1
1.7
2.7
5.2
3.7
4.7
4.4

4th
0.0
3.4
3.4
3.8
4.7
4.6
3.9
4.9
1.8
3.9
5.2
5.2
0.0
0.4
0.7
2.2
4.2
4.3
4.6
3.5
4.8
3.9
9.0*
5.4

1st
1.3
2.6
3.0
4.3
6.5
8.2
3.8
1.8
4.2
4.1
4.3
2.0
1.5
1.1
1.9
2.8
4.6
2.4
3.1
3.1
4.5
7.2
4.9

2nd
0.0
2.8
2.1
3.3
4.0
3.8
0.0
3.0
5.2
4.5
3.9
5.0
2.0
1.0
4.4
3.4
3.8
4.1
3.2
3.6
6.2
3.7
5.1
4.4

3rd
0.0
4.7
1.3
3.7
5.9
6.4
0.0
0.8
2.0
4.4
3.7
5.8
1.9
0.0
1.6
2.0
3.0
3.3
4.7
3.8
6.4
4.5
5.1
4.0

3.1
2.8
1.5
2.0
4.1
3.4
4.3
3.1
2.0
3.1
5.0
3.8
4.1
4.3

4.8
3.4
3.5
0.8
1.9
3.6
3.3
3.6
4.1
2.3
2.9
4.2
3.8
4.3
4.9

2014
4th

1st

4.1 1.9
2.9 9.9
3.0 3.5
6.7 6.0
4.8 3.7
5.6 1.8
1.9 3.1
2.6 2.8
4.1 4.6
4.4 4.0
6.1 4.8
1.9 0.0
0.0 4.8
5.2 7.8
3.4 5.6
3.3 8.9
3.5 4.0
5.0 0.8
4.4 3.3
5.4 5.1
5.9 6.7
7.2 10.6
5.7 4.7

0.0
0.0

6.5
3.6
3.9
4.4
5.9
5.8
7.0
5.3
4.4
4.2
7.1
7.5
7.0
5.5
6.2

4.4
4.2
4.4
6.9
4.6
5.6
5.0
3.1
3.7
3.7
5.5
5.9
5.5
4.6
5.7

4.3
4.8
5.4
3.9
3.3
4.4
4.8
4.1
5.0
3.0
4.5
5.4
5.4
5.2
6.1

4.3
5.2
5.6
3.8
3.0
4.3
4.6
5.0
4.8
2.8
3.7
4.5
5.1
5.3
6.1

4.3
3.5
3.9
5.2
3.4
4.5
4.6
4.2
5.2
4.5
3.7
5.0
4.5
4.3
5.6

4.3
4.0
3.7
3.1
3.6
4.5
4.2
3.7
5.7
3.8
3.3
3.7
4.8
4.5
5.6

11.3
4.2
4.7
1.7
2.8
3.1
4.2
3.9
5.2
1.5
3.2
3.4
4.8
4.9
6.5

4.5
5.3
2.4
3.5
4.6
3.3
3.9
3.9
2.2
2.6
3.2
3.9
4.6
5.9

4.3
4.5
3.3
1.7
3.2
4.3
3.8
3.8
4.3
3.7
3.4
4.8
4.3
4.5
5.3

3.1
5.0
3.0
1.4
2.5
3.2
3.8
4.6
3.3
2.4
3.8
3.8
4.0
4.9

4.6
4.0
0.8
2.8
2.8
4.2
4.4
4.5
2.6
3.4
3.3
3.8
5.5
4.9

8.6
5.1
2.4
2.5
3.5
3.5
4.2
3.3
3.1
2.9
2.7
3.7
5.0
4.8

5.1
5.0
1.9
2.0
2.1
2.9
7.1
3.3
3.7
3.4
3.8
4.2
5.6
5.3

3.6
3.7
0.0
1.9
3.5
3.1
3.6
3.6
0.6
3.1
5.3
4.9
6.2
4.4

2nd

3rd

4th

Vacancy Rates by Size of Apartment Unit by County

(In Percent)

County
Adams

Arapahoe

2009

2010

2011

2012

2013

2014

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

499 below

7.5

8.8 12.8

6.6

2.2

6.3 13.0

9.2

9.2

3.5

3.3

4.7

4.2

6.2

4.9

7.7

8.3

7.8

6.4

2.8

16.4

17.6

2.8

11.9

1.9

10.5

7.4

3.4

1.3

6.3

2.2

3.2

0.7

7.8

4.9

5.8

4.1
4.1

500 to 749

9.1

8.0

8.4

7.2

5.4

4.9

6.0

6.5

7.5

5.5

5.5

6.7

5.8

5.6

7.1

8.9

7.5

8.2

7.3

6.1

6.9

5.0

4.4

6.0

5.9

4.9

4.7

4.4

4.1

3.8

3.7

3.8

2.9

3.5

3.2

4.7

750 to 999

9.6

8.6

7.2

8.7

7.6

6.4

6.0

7.7

8.0

7.3

6.5

7.7

6.6

6.8

7.6

9.2

9.0

8.9

6.6

6.5

6.9

5.3

4.6

6.0

5.7

5.9

6.0

5.7

4.8

5.9

4.8

4.7

7.2

3.9

7.2

5.1

4.8

1000 above

14.6

9.8

7.5

8.4

8.1

7.3

6.9

7.6

7.5

6.3

5.8

7.8

7.6

8.1

8.1

8.4

8.3

8.4

6.0

6.3

6.1

4.9

4.4

4.7

5.2

4.4

5.1

5.6

4.8

4.7

4.1

5.4

5.1

4.2

6.9

6.7

5.5
2.4

499 below

5.0

5.8

9.3 11.8

9.1

7.4

9.6 11.6 10.1

6.4

7.0

8.2

9.0 11.3 12.5 18.8 16.2 17.3 15.2 11.4

18.0

18.4

13.9

14.3

13.1

10.0

12.4

8.4

7.3

5.0

4.0

4.9

3.2

3.7

3.9

2.1

500 to 749

7.8

7.2

6.4

6.6

6.3

6.4

6.5

6.8

8.3

5.5

4.4

5.2

7.1

5.8

6.5

6.5

9.4 12.6

7.5

8.5

6.8

6.6

6.0

5.4

5.4

4.6

5.3

6.9

5.3

6.6

5.0

4.0

3.4

5.2

4.9

5.3

4.6

750 to 999

8.3

7.2

6.4

6.9

6.7

7.5

6.5

7.1

7.7

6.7

5.3

6.2

5.7

5.6

6.8

7.9

9.4

9.0

8.5

6.6

5.7

6.3

6.6

5.9

5.2

5.5

6.6

7.3

5.2

5.0

5.5

3.8

4.1

4.7

5.0

4.3

9.2

10.2

8.3

7.2

7.8

7.6

6.3

6.7

7.5

6.9

5.9

5.0

6.1

6.4

6.1

6.6

8.8 10.0

9.4

7.9

8.5

6.6

5.1

6.8

6.7

7.1

6.0

5.0

6.9

5.8

5.0

4.4

5.5

5.4

4.4

4.8

5.6

4.7

8.3

8.5

4.3

4.1

3.6

4.3

4.5

5.1

4.3

6.5

3.8

4.1

3.7

5.1

4.5

4.9

7.9

5.0

5.3

4.8

6.5

3.9

1.4

2.0

3.1

3.0

3.6

1.6

3.9

2.4

3.4

2.3

2.2

2.8

2.2

5.9

4.9

12.1

5.3

9.0

5.4

5.2

5.0

3.7

4.2

3.7

2.3

2.2

5.5

6.7

7.0

4.2

5.2

5.4

6.6

5.8

6.1

4.8

4.3

3.0

2.5

2.6

2.2

4.2

3.6

3.8

2.6

2.4

2.1

1.3

3.6

1.9

2.8

5.3

9.8

8.2

8.9

7.4

5.7

7.9

5.5

6.6

5.6

4.4

3.8

5.7

6.0

7.0

4.8

6.0

5.7

7.6

6.0

6.3

5.6

5.3

3.2

3.2

5.9

5.0

4.6

4.8

3.9

3.7

2.7

4.0

3.6

4.3

2.7

3.8

8.0
6.0

6.9

9.6 11.4

8.6

4.7

5.4

4.5

3.6

4.4

5.4

5.2

6.2

5.1

7.6

7.3

6.8

5.0

5.0

4.7

4.1

4.1

5.4

6.0

6.0

5.5

4.6

4.5

4.0

3.8

4.5

4.1

3.6

3.4

3.5

499 below

9.4

8.7

9.1

8.3

6.3

5.8

5.4

4.8

5.2

3.5

5.4

4.4

3.6

3.8

4.1

4.8

5.5

7.0

5.6

5.7

5.4

6.2

4.9

3.5

3.4

3.3

2.3

2.6

2.8

4.5

3.4

4.1

3.4

3.0

3.2

3.6

3.3

500 to 749

8.3

8.2 10.0

8.7

7.1

7.1

6.5

5.8

6.0

4.9

4.9

5.2

4.6

5.0

5.2

6.8

6.9

6.9

5.9

7.1

5.6

5.8

4.3

3.8

4.2

4.0

3.5

4.0

3.8

4.6

3.9

5.4

3.9

3.8

4.1

6.4

7.8

8.3

8.3

8.5

7.9 10.1

9.3

750 to 999
1000 above

Metro
Average

2008

3rd

1000 above

Jefferson

2007

2nd

750 to 999

Douglas

2006

1st

1000 above
Boulder/
499 below
Broomfield
500 to 749

Denver

2005

Square Feet
in Unit

13.7 12.2

8.5

8.3

8.6

8.0

8.4

7.2

7.7

6.7

4.9

5.3

5.6

5.9

6.3

9.4

6.9

7.3

5.5

5.8

4.4

3.5

4.5

5.5

4.4

4.6

4.3

5.6

5.0

4.2

4.4

6.0

6.4

12.4 10.5 10.6

9.5

9.2

9.2

8.3

9.2

9.4

8.6

8.2

7.0

6.0

7.1

7.6 10.6 13.4 15.4 12.6 11.9

9.4

10.5

6.6

7.2

6.9

5.6

5.8

5.7

5.2

5.3

5.2

8.8*

8.7

6.8

5.9

6.6

6.9

35.8

5.7

9.5

8.7

9.8

8.3

4.2

8.7

1.9

1.4

2.2

1.8

9.1

9.1

9.4

8.6

8.6

0.0 21.4

7.1

14.3

7.1

0.0

6.1

6.1

3.0

1.1

500 to 749

4.2

8.9

7.2

6.3

4.2

2.8

3.4

4.1

4.5

5.9

4.8

5.4

3.9

5.4

5.1

6.1

5.7

6.7

4.9

7.9

3.3

4.3

2.3

5.2

2.7

4.3

5.1

6.7

2.3

2.4

0.3

4.3

3.1

3.1

2.8

5.7

1.6

750 to 999

6.9

5.6

6.7

6.2

6.2

5.3

5.7

5.9

5.1

4.8

4.7

5.5

5.3

8.2

5.9

6.8

6.7

5.9

3.7

4.9

4.8

4.5

4.3

4.6

4.2

4.3

3.9

4.4

4.9

4.1

4.0

3.9

4.8

2.9

3.7

4.1

3.8
3.9

499 below

0.0

1000 above

10.6

6.9

8.2 10.2 10.7

6.7

7.4

8.8

7.9

7.2

6.8

9.3

7.8

8.9

5.7

8.3

7.6

5.3

5.0

5.9

4.0

3.1

4.6

5.9

7.1

3.1

3.6

4.7

5.0

3.7

4.7

4.9

4.9

2.9

3.4

5.9

499 below

11.3

6.9

6.2

6.2 11.0

9.1

9.3

9.0

6.6 11.9

6.7

7.6

7.0

8.1

6.7

6.3

7.3

9.0

9.9

8.2

4.8

5.0

4.9

4.8

4.7

4.1

2.6

2.0

4.2

1.7

0.2

3.2

3.3

3.4

2.7

1.8

2.3

500 to 749

7.7

7.2

6.1

6.1

6.5

6.5

5.7

5.1

4.6

5.4

5.5

5.4

5.5

6.8

7.3

7.4

6.0

7.5

5.5

5.2

3.8

4.3

4.7

3.7

4.0

3.1

3.5

3.4

4.0

3.5

3.1

3.0

2.7

3.3

3.2
3.1

6.4

7.9

750 to 999

9.3

9.8

7.6

8.2

7.7

7.8

7.6

6.3

6.2

6.3

5.1

5.9

5.1

6.2

6.4

7.9

8.0

7.2

6.1

7.1

6.4

5.9

3.9

4.2

4.9

4.6

4.3

5.0

3.7

3.9

3.5

4.2

4.3

4.1

4.1

5.0

1000 above

8.6

6.8

6.4

9.0

7.8

7.1

7.2

7.9

7.7

7.6

6.4

6.4

6.4

6.1

7.9

7.2

7.4

6.1

6.1

6.7

5.2

5.0

4.0

5.1

4.4

5.6

5.5

5.1

4.3

5.2

4.2

5.1

3.4

4.0

4.0

6.3

4.2

499 below

8.3

7.6

8.1

8.5

7.4

6.5

7.2

7.5

7.1

5.6

5.4

5.5

5.2

5.7

6.1

8.5

7.5 10.1

8.3

6.9

9.0

9.9

7.5

6.8

6.4

5.7

6.0

4.0

3.8

4.3

3.0

3.8

6.4

3.3

3.3

2.7

3.5

500 to 749

8.4

7.5

7.9

7.2

6.4

6.3

6.2

6.0

6.7

5.5

4.6

5.4

5.8

5.5

5.9

6.9

7.7

8.9

6.6

7.4

6.1

5.8

4.8

4.7

4.8

4.2

4.5

5.0

4.3

4.9

4.1

4.2

3.3

4.2

4.0

5.1

5.4

750 to 999

8.6

8.0

7.3

7.6

7.2

7.3

6.8

6.9

7.1

6.4

5.2

6.1

5.7

6.3

6.6

8.0

8.2

8.6

7.5

7.7

6.4

5.9

5.1

5.5

5.3

4.8

5.0

5.7

5.3

4.8

4.4

4.9

4.7

4.0

4.6

5.0

5.0

1000 above

11.3

8.8

7.8

8.9

8.7

7.4

7.1

8.0

7.6

6.8

6.2

6.9

6.5

6.9

7.0

8.8

9.6

9.4

7.8

8.1

6.6

6.0

5.6

6.2

6.4

5.4

5.1

5.8

5.1

4.8

4.5

5.9

5.6

4.5

4.8

5.8

5.2

* vacancy rate affected by new units leasing up

II-13

2nd

3rd

4th

Vacancy Rates by Age of Building by County

(In Percent)
2005
County
Adams

Year
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1939
Arapahoe
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1939
Boulder/
1940-49
Broomfield
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1939
Denver
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1939
Douglas
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1939
Jefferson
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
Metro Average To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up

1st

2nd

2006

2007

0.0
9.2
8.5
9.7
10.2
13.1

16.7
7.6
8.3
8.8
10.7
8.2

3rd
14.0
0.0
16.7
5.6
10.1
8.0
6.4
6.9

4th

1st

2nd

3rd

4th

0.0
0.0
7.7
8.8
8.3
8.0
7.9

0.0

0.0
21.2
8.2
7.2
6.6
4.5
5.6
4.2
0.0

0.0

5.2
6.7
8.3
7.1
6.5
0.0

0.0
0.0
6.8
5.8
6.4
5.1
6.7
3.3

2.2
10.5
10.4
8.0
5.6
9.8

3.9
9.7
9.6
6.6
5.7
7.4

3.9
9.8
9.9
5.7
5.3
5.6

3.1
9.2
9.7
6.3
6.1
6.7

0.0
7.7
9.1
5.9
5.4
7.6

3.0
9.5
9.1
6.4
5.1
6.5

15.4
16.7
9.5
5.4
4.2
4.7

5.1

0.0

0.0

0.0

13.3
0.0

0.0

0.0

7.3
9.0
13.2
18.5

7.2
8.1
9.6
9.8
7.1

10.8
5.0
6.5
6.2
12.8

3.9
5.5
7.7
7.5
9.2

4.0
2.9
5.1
8.0
11.0

5.2
5.6
7.2
8.2
7.2

7.2
7.9
9.8
9.2
10.9
5.6
7.5
11.4

5.8
8.2
9.5
10.5
11.5
5.6
5.9
9.3

5.0
6.0
14.2
15.3
12.0
8.2
5.9
6.2

6.1
7.0
11.7
11.4
10.7
6.9
8.0
5.7
0.0

4.4
3.8
12.7
6.9
9.6
6.0
8.3
5.9
3.6

8.1
9.2
8.4

3.1
2.6
8.3
4.9

0.0
8.2
7.2

8.8
7.7

6.0
8.3
8.1

1st

2nd

2008
3rd

1st

2nd

2009
3rd
0.0

4th
8.3

1st
8.3

2nd
0.0

2010
3rd
0.0

2011

2012

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

0.0
8.0
6.4
5.0
4.5
4.1
8.3
9.1

10.0
7.3
5.1
4.1
4.2
4.1
4.3
0.0

10.0
10.7
7.9
4.4
5.2
4.7
6.7
9.1

20.0
7.6
8.9
4.0
5.3
4.6
5.3

0.0
6.8
5.8
4.6
5.5
5.1
4.8

0.0
8.2
6.2
4.8
5.5
4.7
5.5

0.0
6.4
5.3
4.7
5.8
5.2
6.1

0.0
6.2
5.0
4.4
3.6
4.1
7.5

10.0
6.2
4.8
3.9
5.0
5.5
7.0

0.0
5.0
4.3
3.6
3.9
4.7
6.5
1.5

0.0
5.3
7.5
4.5
4.7
5.2
17.1
0.0
0.0

4.6
5.6
4.6
4.7
3.9
13.3
0.0
0.0

3.8
7.2
5.1
4.5
3.3
9.6
0.0
0.0

5.1
8.7
6.8
5.9
4.5
10.0
0.0
0.0

1.8
7.6
6.3
6.1
4.4
7.6
0.0
0.0

3.3
7.5
6.1
5.0
3.3
5.7

0.0

20.0
6.5
9.2
7.2
6.0
6.5
30.0
0.0

0.0
6.0
10.6
9.1
8.7
7.3
22.1
9.1

7.7
11.4
8.9
7.7
6.4
7.5
45.8
9.1

7.7
12.0
10.9
7.7
5.1
7.5
21.4
9.1

7.7
14.2
9.7
6.3
5.8
4.9
3.4
4.5

3.8
8.7
8.7
5.9
5.6
4.8
6.5
4.5

0.0
7.3
4.8
5.7
5.0
6.2
22.9

0.0
7.0
7.4
6.9
4.7
7.2
19.7

0.0
9.0
9.2
6.6
5.6
6.9
23.4

0.0
9.1
10.5
7.4
6.6
11.1
31.9

5.0
9.4
13.7
7.8
5.7
11.1
28.1

0.0
9.5
9.9
6.4
6.3
5.7
27.5

0.0
7.1
11.1
7.0
6.8
6.0
21.0

0.0
7.0
9.1
6.1
3.7
5.0
18.6

0.0
5.0
9.6
4.8
3.9
4.8
10.2

0.0
4.8
7.7
4.7
3.3
4.5
23.2

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0
4.5
7.1
5.3
4.5
4.2
18.9
0.0
0.0

4.7
3.2
10.1
6.5
4.8

2.0
3.8
13.9
6.3
5.8

1.2
4.4
6.3
4.8
5.2

1.9
4.4
7.0
7.5
6.5

3.4
7.5
6.7
4.2
6.5
5.3
5.2
5.1
7.6

4.4
4.0
5.2
4.5
5.3
5.7
4.9
4.9
5.1

3.8
6.1
8.2
4.0
5.7
6.5
5.8
5.3
6.5

4.9
4.4
7.2
4.6
6.4
5.2
6.5
6.2
9.2

5.8
7.0
9.3
6.4
7.6
6.9
10.3
8.1
16.3

2.2
5.0
5.6
7.2
6.8
5.2
9.3
5.0
8.8
6.0
7.4
6.7
10.9
7.5
24.1

3.1
10.3
4.3
7.6
7.6
7.8
6.9
6.5
9.7
8.8
10.8
6.8
8.5
6.4
29.7

7.8
4.9
2.7
6.8
4.7
0.6
5.8
4.9
6.7
7.5
9.4
5.6
7.1
7.0
23.1

2.9
5.5
5.7
7.2
5.0
0.6
4.2
5.0
8.9
9.9
9.9
5.9
7.0
6.9
21.8

2.9
5.0
5.1
6.0
4.8
0.6
5.6
5.4
6.8
8.0
6.7
6.2
5.3
4.8
19.4

4.0
4.3
3.7
6.0
4.7
3.4
5.5
6.1
7.6
7.4
6.8
6.1
5.7
7.6
17.6

1.4
3.4
4.6
4.0
3.4
1.1
2.4
4.6
7.7
7.6
4.5
4.3
4.8
4.4
10.8

2.2
2.8
4.8
4.1
2.3
5.3
2.6
3.1
4.3
5.1
5.0
4.1
4.3
4.8
11.1

2.9
2.9
6.8
3.7
2.5
22.1
2.1
2.7
5.1
5.9
4.3
4.5
4.4
4.5
8.6

3.1
4.6
5.5
3.5
3.4
12.1
2.6
2.8
4.6
6.3
3.9
3.9
3.6
3.7
5.4

1.9
4.1
7.1
5.1
3.5
5.4
1.8
2.8
3.8
4.1
4.2
4.0
3.7
4.0
7.3

2.6
3.4
7.0
4.7
3.8
5.2
2.4
3.0
1.3
3.8
5.0
5.2
3.6
5.1
6.7

1.2
1.3
11.2
3.0
4.1
4.8
1.5
2.5
3.0
2.8
5.0
3.8
5.4
4.8
4.8

5.5
6.4
5.1

4.5
8.0
6.6

4.1
7.1
5.7

4.5
9.5
7.9

4.5
7.6
5.1

7.8
7.6
7.8
7.2

7.3
7.0

15.1
4.6
5.5

8.9
3.1
4.6

6.7
5.4
5.3

6.1
3.7
4.5

4.2
3.4
4.1

4.4
4.5
4.2

4.3
5.1
5.4

4.3
4.3
6.1

3.7
3.8
3.8

2.2
4.1
3.9

4.4
3.6
5.4

3.2
5.5
4.6

0.0
9.3
8.0
4.9
4.8
6.8

0.0
8.9
7.7
5.7
3.9
5.3

0.0
8.8
9.0
6.8
5.3
7.5

11.1
7.5
10.0
7.7
4.8
7.3

0.0
7.9
6.9
5.6
4.2
7.4

11.1
6.6
5.9
4.9
4.0
4.7

0.0

0.0

0.0

0.0

2.9
4.6
5.4
5.9
7.4
3.7
4.3
6.0
6.3
5.5
8.1
8.7
6.8
19.7

2.8
3.1
6.8
3.8
8.2
2.6
3.6
5.4
10.3
5.1
5.8
7.1
11.3
6.9
28.4

1.6
4.5
5.5
4.2
3.4

3.9
5.2
8.9
8.5
9.2
6.1
7.4
7.0
33.1

5.0
3.7
5.1
4.4
5.3
9.5
3.6
6.1
6.9
7.3
8.2
6.4
4.6
6.2
30.9

8.0
4.9
6.4

4.8
6.1
6.6

4.0
6.4
7.5

6.9
6.1

8.7
12.2
6.9
4.5
6.2

5.8
7.5
5.7
6.4
6.5

8.8
7.9
5.9
7.6
6.3

9.1

9.1

0.0
6.4
6.4
5.8
5.4
6.2

0.0
8.9
6.6
5.2
5.4
5.9
98.2

0.0

0.0

2.5
2.3
4.3
4.3
3.7

3.1
3.3
8.3
6.7
4.3

2.7
6.8
9.0
5.3
4.9
6.8
9.1
5.0
18.5

4.2
7.3
8.6
5.8
5.6
4.6
8.0
4.7
13.4

5.5
6.9
5.2

2013

4th

0.0
4.5
10.3
10.0
6.2
5.1
4.5
8.2
0.0

0.0
9.1
9.6
8.1
6.8
6.4

7.6
9.4
7.1
6.7
6.1

4th

3rd

4th

1st

10.0
0.0
2.7
5.1
4.1
3.1
4.0
3.9
5.3
3.5
4.7
4.5
9.1 31.8*

30.0
4.9
3.8
4.1
4.0
3.4
3.6

40.0
5.3
4.5
2.9
10.4
3.8
55.5
0.0

20.0
2.1
4.9
5.2
5.2
4.8
15.0
3.0

20.0
3.8
5.4
3.2
3.7
3.3
11.9
4.0

3.8
6.6
3.8
4.1
3.6
5.4
0.0
0.0

2.1
5.1
6.5
4.3
4.9
3.4
4.5
0.0
0.0

0.0
6.9
5.8
4.5
5.4
4.8
5.6
14.3
0.0

0.0
4.6
5.5
3.5
4.6
4.4
5.5
0.0
0.0

1.7
2.7
3.6
4.2
3.6
4.4
3.2
3.6
5.0
4.6
6.1
4.4
5.0
4.1
4.3

2.0
2.2
2.2
2.3
4.1
4.4
2.8
3.2
2.4
4.2
4.5
6.7
2.6
2.2
1.5
3.0
2.2
2.8
3.7
4.2
4.4
6.7
5.0
5.1
4.7
5.7
4.4
5.8
4.6 15.7*

0.5
2.1
3.0
4.0
3.3
4.0
2.2
3.1
2.2
5.0
5.1
4.7
5.5
5.2
11.5

0.9
2.1
6.1
3.9
3.2
4.2
2.2
18.9
2.6
4.2
3.7
4.7
3.7
4.7
7.5

0.0
2.3
4.0
2.9
2.3
3.8
2.0
12.0
3.3
4.8
3.0
5.6
3.9
4.0
7.7

1.5
3.0
3.1
3.8
3.8
3.5
2.9
12.7
2.0
4.6
4.9
6.2
8.1
5.5
10.7

12.7
4.3
1.6
3.3
3.6
20.5
1.9
2.7
18.3
4.2
4.2
5.1
3.3
5.1
17.8

3.4
3.4
4.3

0.2
5.1
3.7
8.4
12.5

0.5
4.1
5.4
28.2
0.0

1.7
4.0
2.5
0.0
12.5

2.2
4.7
2.9
3.6
0.0

0.0
3.0
6.4
4.4
6.6
0.0

2.2
4.5
3.4
3.8
0.0

3.4
2.8
3.8
5.1
4.7
5.7
3.5
2.3
2.8
2.9
3.3
4.7
5.1
4.9
4.5
7.9

1.5
3.0
3.7
3.6
3.6
6.2
4.1
2.3
2.9
2.2
4.0
4.1
3.6
4.2
4.8
10.1

1.1
3.7
3.4
3.1
4.0
5.5
4.3
2.2
17.6
2.6
3.9
4.4
4.0
4.0
3.7
5.6

4.4
2.6
2.9
3.0
4.9
4.3
3.2
2.0
11.4
3.9
4.0
4.2
4.3
5.1
3.5
6.4

1.8
2.7
2.8
4.3
3.4
4.0
39.5
2.9
11.8
1.9
4.4
4.6
4.9
5.1
4.7
9.5

1.7
2.8
3.2
3.8
3.2
3.9
7.1
2.2
2.6
14.1
4.8
4.6
3.7
4.0
4.0
12.9

2.4

4.8

0.0

7.1

14.3

4.8

0.0

0.0

0.0

0.0

0.0

37.5

0.0

0.0

0.0

0.0

0.0

4.5

12.5

12.5

0.0

0.0

0.0

0.0

0.0

0.0

4.5

0.0

0.0

0.0

9.8
8.6
10.9
6.6
8.5
5.8

10.4
7.1
11.0
6.8
6.5
3.3

10.5
8.8
9.7
5.1
4.9
3.1

7.1
7.7
8.7
9.2
10.4
7.7
7.9
10.6

5.7
8.0
8.7
8.9
10.3
6.9
7.4
7.1

5.8
5.8
11.7
10.5
10.3
6.6
5.9
6.8

12.4
5.9
9.0
6.0
5.9
8.2
28.8
6.6
6.7
11.4
8.3
9.6
6.7
7.0
7.3
24.8

26.7
7.7
9.2
5.5
4.9
8.4
22.7
4.7
3.8
14.5
6.6
8.6
6.2
6.6
7.6
14.1

27.7
7.8
8.9
5.8
4.8
6.9
17.4
3.9
5.1
11.4
8.1
8.5
6.3
5.6
6.6
17.7

26.4
8.3
8.2
5.9
5.8
7.5
10.6
3.4
6.0
13.0
10.1
8.1
5.8
4.9
5.8
22.7

5.8
5.4
6.9
5.5
7.5
7.2
8.5
3.7
4.2
5.9
6.4
7.3
6.8
6.5
7.0
13.9

7.1
6.0
6.4
5.8
5.5
7.0
18.2
3.6
5.3
10.0
6.2
7.5
7.3
6.1
6.8
21.1

17.4
5.4
8.3
7.8
5.7
7.3
9.6
2.6
6.7
9.5
5.6
6.6
6.1
5.6
6.1
14.4

5.8
4.2
5.6
4.6
6.3
4.7
6.0
4.2
7.2
8.3
5.6
5.8
4.9
5.4
4.8
10.8

7.3
4.9
5.8
5.8
6.3
7.6
6.5
3.7
7.4
6.7
5.1
6.8
5.9
6.0
6.0
7.2

2.9
5.1
5.4
5.1
6.3
7.2
5.2
4.4
4.0
5.0
6.0
5.8
5.5
6.0
5.8
22.8

8.7
6.3
6.8
5.0
4.5
6.5
11.5
3.7
6.0
8.3
5.6
5.9
6.1
6.2
6.4
12.7

9.3
5.3
6.7
5.1
5.0
4.9
24.2
4.7
4.3
7.6
5.1
6.9
6.3
5.6
6.2
17.2

10.8
7.1
7.4
6.5
7.9
4.9
11.6
5.9
6.9
9.4
6.6
8.1
7.1
7.6
7.2
19.0

11.0
5.6
9.0
5.8
6.5
8.0
10.6
9.2
5.0
9.1
6.8
8.5
7.0
7.3
8.2
25.9

11.5
4.7
9.2
6.4
5.9
4.7
7.4
6.8
6.4
10.0
7.7
11.2
7.4
6.2
7.5
26.0

12.6
4.5
8.9
4.8
5.1
5.7
7.1
5.8
4.9
7.7
8.2
8.9
5.9
5.9
5.4
20.0

10.2
10.8
9.0
5.3
6.3
7.1
5.9
4.3
4.9
8.9
8.4
9.4
6.3
6.5
5.8
17.2

6.1
4.1
7.9
4.4
4.5
7.3
5.3
5.5
5.1
6.6
7.0
7.9
5.9
4.7
4.9
13.5

7.0
6.2
7.7
4.4
4.2
4.3
3.9
5.5
5.9
7.3
6.3
7.6
5.0
4.6
5.1
11.0

9.1
4.6
4.0
3.5
4.3
3.5
3.5
2.4
4.5
7.9
5.8
5.3
4.4
4.0
4.2
13.1

7.5
4.4
4.7
3.8
4.6
4.3
6.1
2.6
3.0
5.2
4.9
5.8
4.7
4.6
4.5
12.7

9.0
4.7
4.3
4.2
5.2
5.0
7.2
2.1
2.6
6.3
5.2
5.7
4.5
4.6
5.0
12.5

6.8
3.2
5.1
4.6
5.1
2.5
4.2
2.5
2.6
4.8
4.9
5.0
4.4
4.5
3.9
8.9

4.7
2.7
4.9
3.7
4.5
4.4
10.2
1.8
2.7
3.9
3.9
5.6
4.7
4.6
3.9
8.0

2.4
2.6
4.1
4.4
4.8
4.5
11.0
2.3
2.9
1.3
4.0
5.9
5.8
5.1
4.9
7.8

3.5
3.3
3.8
3.5
4.4
3.6
3.4
1.5
2.4
3.0
2.9
5.3
5.4
4.9
4.4
6.0

2.4
3.6
4.2
3.4
4.7
4.1
1.1
3.2
3.6
4.9
4.0
5.6
4.9
4.6
4.1
5.0

4.9
2.4
2.8
4.3
4.3
5.5
5.7
2.5
1.8
2.5
3.0
4.5
4.7
4.1
4.0
5.2

II-14

2nd

16.7
4.0
4.6
3.3
4.7
4.6
4.9
14.3
0.0

0.2
4.1
4.0
9.5
0.0

* vacancy rate affected by new units leasing up

2014

1st

0.0
3.2
4.1
5.7
5.3
4.2
5.7
0.0
0.0

0.0

16.7
2.0
6.1
5.2
4.4
3.3
5.2
0.0
12.5

4th

2nd

3rd

4th

Vacancy Rates by Apartment Type by County

(In Percent)
County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

18.8
9.4
8.7
13.2
11.3
10.6
7.0
7.4
9.9
10.2
11.1
8.9
7.2
10.3
10.4
14.0
12.4
11.1
9.7
7.8
9.8
10.7
14.2
9.2
2.1
5.9
11.1
9.7
14.2
8.4
9.1
7.7
10.6
7.8
9.0
8.5
9.2
7.9
9.9
10.6
11.4
9.3

Jefferson

Douglas

Denver

Boulder/Broomfield

Arapahoe

Adams

1st

Metro Average

2006

2005

Apartment Type

2nd

3rd

4th

13.2 9.5 6.6

7.5 7.1 6.6
9.2 8.9 9.2
10.5 8.2 9.8
8.2 7.4 9.2
8.7 7.7 8.1
5.4 8.0 8.5
6.7 5.7 6.4
8.1 9.0 9.4
7.8 6.9 7.5
9.7 9.6 9.8
7.4 6.8 7.4
7.9 3.8 4.2
5.6 6.9 4.6
9.5 9.1 9.9
10.8 9.2 9.4
13.7 6.9 8.8
8.7 7.8 7.3
10.4 11.4 9.0
7.5 8.7 7.9
9.7 10.7 9.8
9.2 9.6 8.9
15.9 15.0 16.0
8.7 9.6 8.7
2.1 0.0
5.3 6.2 5.7
7.6 9.0 9.0
7.2 8.2 9.9
6.2 8.9 12.1
6.4 7.5 8.1
12.1 9.8 4.8
6.5 5.6 5.8
10.0 9.8 10.0
7.7 5.6 8.1
8.5 7.7 8.3
8.0 6.8 7.6
9.7 9.9 7.9
6.8 6.7 6.5
9.1 9.5 9.6
8.6 7.7 8.5
9.9 8.6 10.1
8.0 7.7 7.9

1st

2nd

3rd

2007
4th

1st

2nd

4.3 6.5 7.4 7.3 5.9 4.2

5.9 4.9 5.7 5.8 6.8 5.6
7.1 5.9 6.3 9.4 9.2 7.7
7.9 7.5 6.9 7.9 8.0 7.1
10.0 8.8 8.7 8.9 8.9 6.2
7.0 6.1 6.4 7.4 7.8 6.3
7.5 8.4 5.9 9.5 7.1 4.3
5.9 6.1 5.6 6.4 7.1 5.4
8.6 8.5 9.6 10.2 10.7 8.4
7.4 7.2 6.5 7.1 7.4 6.0
10.0 7.3 10.8 9.2 9.1 7.8
7.0 6.8 6.7 7.4 7.8 6.1
5.1 8.0 6.9 8.1 8.8 8.6
4.9 4.5 3.9 4.8 3.8 2.5
6.4 9.5 5.7 6.7 5.7 5.8
9.6 9.2 5.1 5.7 5.0 4.4
10.4 7.2 5.3 4.7 5.0 3.9
6.9 7.0 4.8 5.5 4.7 4.0
7.1 8.2 7.3 5.6 7.1 4.7
6.9 6.5 6.6 6.3 6.6 5.4
9.7 9.3 9.1 6.6 6.3 5.5
8.0 7.9 6.9 8.4 8.7 8.7
18.5 14.7 16.1 13.1 12.8 6.1
7.8 7.6 7.3 6.9 7.2 6.1
0.0 4.2 2.1 8.3 0.0 6.3
4.8 4.9 4.5 4.6 4.4 4.2
9.7 6.9 8.7 9.2 7.9 6.4
10.7 6.0 7.0 8.2 7.7 6.9
12.2 8.0 9.8 10.9 9.1 7.9
8.2 5.7 6.4 7.0 6.4 5.8
9.7 12.9 8.6 12.1 12.5 10.6
6.3 6.5 6.5 5.5 4.9 7.2
8.6 8.3 8.4 6.5 6.9 7.2
6.8 6.3 6.8 7.6 7.1 7.8
9.9 9.0 8.5 7.4 7.8 7.0
7.5 7.3 7.2 6.6 6.3 7.4
7.0 8.6 7.2 7.0 7.4 5.3
6.1 5.9 5.8 5.9 6.2 5.4
8.5 8.2 8.3 8.2 8.1 7.0
8.0 7.2 6.6 7.6 7.6 7.0
11.0 8.9 9.7 9.0 8.8 6.8
7.4 6.9 6.7 7.0 7.1 6.2

3rd

2008
4th

4.2 3.3
5.0 5.9
6.3 9.1
7.4 8.1
5.5 9.7
5.9 7.4
5.0 4.1
4.4 5.7
6.4 6.6
5.1 6.0
6.9 7.2
5.0 6.0
4.0 8.5
2.5 4.0
3.4 5.7
5.2 6.4
3.8 7.3
3.6 5.4
5.1 4.7
5.2 4.9
5.5 6.7
6.9 6.4
7.0 7.4
5.7 5.5
0.0 2.1
4.3 4.9
6.3 7.5
6.0 8.6
8.8 11.6
5.5 7.0
5.1 7.1
4.4 5.4
6.4 6.5
5.6 6.6
7.0 5.7
5.3 6.0
4.9 5.1
4.6 5.3
5.9 6.9
5.9 6.7
6.7 8.0
5.3 6.1

1st

2nd

3rd

2009
4th

1st

2nd

4.9 2.2 4.1 24.9

5.3 5.6 7.4 8.6
7.2 7.3 6.7 8.6
7.4 7.9 8.2 8.4
9.5 9.4 7.4 8.1
6.4 6.8 7.5 8.8
5.2 6.4 10.2 4.5
6.7 5.7 6.3 7.7
6.7 6.2 7.7 9.2
6.1 5.7 7.0 8.1
7.5 8.8 7.0 14.6
6.5 5.9 6.9 8.3
9.1 12.4 5.2 5.9
4.3 4.6 3.2 4.9
5.5 6.1 4.7 5.3
7.1 8.2 6.8 8.4
6.8 9.5 4.5 5.3
5.7 6.4 4.7 6.1
4.4 4.8 5.1 5.8
4.5 5.0 5.4 7.4
6.1 5.8 6.4 8.9
5.9 6.5 6.7 8.9
7.4 10.1 11.7 14.0
5.1 5.7 6.0 8.0
0.0 8.3 0.0 0.0
4.8 8.5 5.9 7.1
6.2 5.9 5.8 5.7
7.4 8.6 5.2 8.7
8.5 9.2 9.0 6.7
6.1 8.3 5.9 7.4
6.7 8.4 7.6 7.6
5.2 5.6 5.9 7.1
6.0 6.8 6.1 7.4
5.9 5.6 7.5 7.6
6.9 8.1 6.8 7.3
5.6 6.0 6.5 7.3
5.2 5.9 6.0 6.9
5.4 5.6 5.9 7.4
6.4 6.4 6.6 8.1
6.4 6.6 7.0 8.3
7.8 9.1 7.7 10.2
5.9 6.2 6.5 7.9

6.3
8.5
8.2
8.4
7.0
8.4
3.4
10.2
8.8
9.3
13.1
9.7
8.3
4.8
5.6
7.5
6.7
6.0
5.9
7.2
8.7
12.0
13.9
8.6
0.0
6.6
6.8
8.0
6.6
7.1
9.9
6.9
7.8
8.0
8.0
7.6
6.3
8.0
8.0
9.3
9.4
8.4

6.3
8.1
9.7
8.4
6.6
8.5
16.9
11.3
10.8
8.9
13.2
10.7
8.3
6.0
7.8
8.7
5.1
7.2
8.4
7.8
9.7
14.0
20.1
9.8
4.2
5.8
6.4
5.6
5.9
5.8
9.3
6.7
7.1
7.2
6.5
7.2
9.7
8.6
9.2
9.2
9.7
9.0

3rd

2011

2010

2012

2014

2013

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

25.8 1.4
5.5 5.2
7.5 8.0
6.4 6.6
5.4 7.1
6.7 6.3
3.1 4.5
8.7 8.8
8.8 9.4
8.1 8.2
10.2 8.4
8.5 8.6
4.9 3.9
5.1 5.2
6.2 6.2
5.8 6.8
6.1 5.2
5.5 5.8
6.9 6.9
7.2 7.7
7.5 8.8
11.7 11.2
15.5 14.1
8.5 8.8
0.0 6.3
4.0 4.7
2.9 6.0
5.0 5.9
5.6 7.1
4.3 5.5
6.9 11.3
5.4 6.7
7.0 8.1
7.0 7.1
5.9 6.5
6.3 7.3
7.4 6.6
6.9 7.3
7.4 8.3
8.0 8.1
8.1 8.0
7.4 7.7

23.8
6.2
7.6
6.4
6.3
6.8
11.4
6.8
8.0
7.1
8.9
7.2
4.1
5.0
5.3
5.3
3.9
5.0
5.7
6.3
5.9
8.8
11.5
6.9
0.0
4.5
5.0
4.1
5.2
4.4
8.8
4.9
6.5
6.5
4.4
5.8
7.0
6.1
6.8
6.9
7.1
6.5

23.3
4.7
5.6
5.3
4.6
5.2
10.2
6.3
7.5
5.6
8.2
6.4
5.1
4.4
4.6
5.7
5.1
4.9
6.8
6.4
7.2
9.8
8.9
7.4
2.1
4.4
3.6
3.5
2.7
3.9
3.0
4.9
6.1
6.0
5.2
5.4
7.1
5.7
6.3
6.4
6.0
6.1

0.8
4.2
5.0
4.7
3.8
4.4
9.6
6.3
7.8
6.4
9.7
6.7
1.5
2.8
3.9
4.6
3.3
3.5
4.8
4.7
5.7
6.4
4.6
5.3
2.1
4.0
5.1
4.2
5.6
4.4
4.2
3.9
4.1
3.9
3.4
3.9
5.2
4.9
5.7
5.5
5.6
5.3

7.7
5.6
6.5
5.7
4.6
5.7
4.7
6.0
8.1
6.8
7.6
6.6
1.2
2.7
4.6
4.1
5.0
3.6
3.7
4.5
6.4
6.5
6.4
5.2
6.3
4.2
6.1
5.9
5.5
5.2
2.5
4.5
4.5
5.0
3.4
4.5
3.7
5.1
6.4
6.1
5.6
5.5

7.7
5.2
5.8
6.2
4.3
5.6
5.8
5.8
7.7
6.7
6.8
6.4
2.6
4.7
4.8
5.8
2.0
4.9
2.8
4.4
6.0
5.8
6.8
4.8
2.1
3.9
4.6
7.5
5.7
5.3
7.1
4.7
5.2
4.3
3.3
4.7
4.1
5.0
6.1
6.1
5.1
5.5

6.9
5.0
6.3
5.2
3.2
5.2
5.1
4.7
5.6
6.3
7.0
5.5
3.5
3.6
5.3
5.4
5.2
4.6
3.2
3.9
4.5
4.8
4.4
4.1
4.2
4.6
3.1
3.0
3.9
3.8
2.6
4.2
4.6
5.0
5.2
4.5
3.7
4.4
5.2
5.4
5.1
4.8

5.8
4.7
6.6
5.9
3.0
5.3
5.5
5.0
7.7
5.8
5.0
5.6
3.3
3.7
5.4
5.2
5.4
4.7
2.5
3.9
5.0
5.4
3.6
4.3
2.1
3.7
4.7
3.2
5.5
3.8
0.4
4.2
4.4
4.6
5.9
4.4
3.0
4.4
6.0
5.4
4.7
4.9

4.8
4.4
6.1
6.4
4.1
5.3
4.2
6.4
8.7
6.7
8.7
6.8
4.0
3.6
5.0
5.3
4.4
4.4
3.3
4.2
6.8
5.4
5.6
4.8
8.3
4.8
2.6
4.9
6.1
4.7
2.3
3.6
5.2
4.8
5.0
4.4
3.5
4.9
6.5
5.9
6.0
5.4

1.3
3.7
5.5
5.3
4.0
4.5
3.7
5.1
9.9
6.7
5.6
6.3
1.3
3.8
3.0
4.4
1.6
3.9
3.1
3.9
5.1
4.9
4.7
4.2
2.1
4.9
4.4
5.3
4.2
4.9
5.9
3.3
3.6
4.6
3.7
3.8
3.1
4.3
6.0
5.6
4.3
4.9

3.8
3.9
5.4
6.0
4.6
4.9
8.5
5.3
6.7
5.5
4.5
5.5
5.6
3.3
3.5
3.8
4.7
3.6
4.1
4.4
5.9
5.1
4.7
4.8
6.3
3.7
4.4
3.9
3.6
3.9
3.4
3.8
3.1
4.5
4.6
4.0
4.7
4.5
5.2
5.1
4.5
4.8

1.2
3.9
4.4
4.3
4.4
4.2
3.8
4.5
6.4
4.9
3.5
4.8
1.4
2.4
2.9
4.0
3.3
2.9
2.9
4.1
4.6
5.4
2.8
4.3
0.0
3.7
3.4
4.9
4.3
4.1
1.1
3.9
3.7
3.6
3.7
3.7
2.6
4.0
4.7
4.7
3.7
4.3

3.7
3.9
4.7
5.1
6.1
4.5
4.2
4.1
6.0
5.9
5.8
5.0
1.4
3.4
3.2
4.6
4.9
3.7
3.4
6.1
6.7
7.3
3.5
6.1*
0.0
4.0
2.9
4.9
5.4
4.2
3.5
3.7
4.1
5.3
3.7
4.2
3.3
4.4
5.2
5.8
5.1
4.9

1.4
5.7
3.9
5.0
5.5
5.2
2.8
3.6
3.7
4.8
6.6
4.1
1.1
2.8
3.6
3.9
3.2
3.2
3.9
4.4
6.6
7.3
4.5
5.4
4.2
6.3
8.5
6.1
4.8
6.5
2.7
3.9
4.2
3.2
3.5
3.7
3.3
4.3
4.7
5.1
5.1
4.6

7.7
3.3
3.5
4.8
3.9
3.8
4.7
4.5
5.1
4.4
4.5
4.5
1.7
3.8
3.2
4.4
2.5
3.8
5.5
4.0
4.7
5.6
4.2
4.6
0.0
3.1
2.9
2.8
2.5
2.9
3.3
3.8
3.0
4.0
4.5
3.7
4.9
4.0
4.1
4.5
4.0
4.2

5.3
3.9
4.8
9.4
6.5
5.7
3.7
4.8
5.0
4.7
4.6
4.8
0.6
2.5
3.3
3.2
2.4
2.8
5.7
4.2
4.5
5.2
5.0
4.6
6.3
3.1
4.8
3.6
3.2
3.5
1.4
3.7
2.8
4.5
3.0
3.6
4.6
4.1
4.3
5.1
4.4
4.4

* vacancy rate affected by new units leasing up

II-15

4th

1st

5.0
4.0
5.1
4.5
4.7
4.7
5.7
5.0
7.5
6.3
4.7
5.3
4.2
3.2
5.0
4.5
5.5
4.7
5.3
4.4
5.1
4.4
5.2
4.5
1.2 15.7*
2.9
7.4
4.0
6.0
3.9
6.3
2.7
2.4
3.4
6.7
6.3
8.3
5.8
7.1
6.1
5.7
7.4
7.2
4.5
3.7
6.1
6.8
10.4
2.1
4.2
3.7
3.9
2.9
5.7
4.0
8.4
3.6
5.0
3.7
1.6
3.6
4.5
3.3
3.8
3.3
5.8
3.5
3.8
4.4
4.6
3.4
4.9
7.3
4.9
5.3
5.0
4.7
5.7
5.1
5.3
4.3
5.2
5.1

2nd

3rd

4th

Average Rents by Apartment Type by County

(In Dollars)
2008
County

Adams
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder/Broomfield
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Jefferson
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Metro Average
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st

2nd

2010

2009
3rd

4th

1st

2nd

3rd

4th

1st

2nd

2011
3rd

4th

1st

2nd

2012
3rd

4th

1st

2nd

2013
3rd

4th

1st

2nd

2014
3rd

4th

1st

643.24 636.28 633.13 524.15 577.47 545.73 537.85 599.85 587.55 674.19 659.39 613.67 557.55 527.74 610.85 638.59 647.56 649.30 650.79 671.53 701.46 721.47 635.85 730.12 793.18
717.07 765.23 752.28 745.74 736.51 748.66 725.94 695.11 754.64 770.89 784.46 769.27 789.71 766.82 822.10 797.86 816.52 789.62 778.08 771.42 794.79 806.27 826.73 825.68 858.89
817.23 848.16 819.32 815.05 811.43 878.07 861.62 776.56 857.24 860.80 891.80 846.93 861.82 830.40 858.73 852.48 830.95 843.82 848.13 858.56 863.02 889.58 902.76 931.98 957.70
963.46 1016.66 1020.40 1013.34 1006.93 1009.62 970.65 923.00 1013.25 1012.72 1035.89 1030.50 1036.53 1047.53 1080.14 1051.87 1116.15 1062.60 1067.54 1061.47 1077.02 1116.03 1150.05 1129.35 1170.24
1199.67 1270.60 1291.58 1256.68 1204.98 1237.07 1125.97 1077.46 1113.73 1173.47 1203.03 1200.72 1255.98 1204.07 1308.25 1236.80 1246.64 1241.14 1282.64 1283.09 1315.65 1358.96 1479.06 1282.23 1402.53
835.88 890.07 882.52 872.68 863.63 884.23 848.22 809.39 874.56 892.48 914.71 892.65 904.78 886.33 935.46 909.71 934.03 906.85 893.86 893.35 910.71 933.96 962.53 948.68 988.48
537.20 571.37 543.53 551.67 565.86 548.82 551.88 534.69 514.25 564.44 602.73 572.34 604.83 546.36 571.32 575.42 593.65 629.83 617.47 656.03 632.68 674.74 686.78 678.27 702.83
715.97 722.66 729.40 738.70 738.98 709.33 738.43 722.13 731.76 737.27 754.90 762.02 755.00 759.68 763.50 775.02 787.86 814.37 816.94 815.01 823.70 848.95 872.20 863.51 891.19
776.96 815.42 809.18 808.18 805.67 757.07 789.78 782.27 810.60 820.17 826.76 836.34 810.53 820.77 835.52 835.36 843.87 867.12 877.57 853.50 875.36 917.45 930.55 934.75 954.51
972.83 968.01 998.71 1021.66 1001.23 978.55 1025.35 1001.19 974.12 1004.12 1044.61 1046.47 1035.97 1055.76 1052.06 1061.60 1068.62 1131.74 1137.46 1133.25 1116.60 1152.42 1179.87 1165.74 1199.19
1179.71 1225.42 1274.25 1236.44 1269.28 1218.78 1206.83 1255.12 1235.90 1262.30 1299.39 1325.81 1283.60 1322.59 1305.15 1289.19 1302.07 1376.53 1375.89 1392.63 1356.72 1390.48 1431.93 1429.87 1452.84
827.45 837.62 850.72 865.30 859.01 828.46 862.16 847.95 841.03 856.54 881.97 889.67 879.65 892.08 892.61 900.48 909.56 956.30 956.62 950.93 950.29 979.47 1007.31 995.27 1026.03
608.89 760.59 776.53 760.98 713.64 712.88 719.32 714.41 731.22 747.61 731.30 737.71 752.78 798.59 816.26 782.56 805.66
834.33 847.52 868.08 850.00 843.51 880.02 859.59 844.49 850.10 882.44 876.48 878.39 875.48 893.63 905.02 929.51 942.26
842.97 872.58 882.77 899.52 912.01 917.76 898.18 880.94 865.38 898.44 919.67 939.04 961.14 960.80 958.95 961.02 996.00
1124.72 1128.19 1153.34 1137.12 1087.21 1104.97 1117.28 1085.42 1095.48 1180.20 1167.59 1172.99 1170.00 1168.75 1193.74 1197.83 1255.23
1258.75 1220.86 1285.12 1291.99 1216.97 1280.24 1283.15 1320.96 1317.18 1381.29 1376.10 1292.24 1375.22 1371.89 1374.00 1390.50 1453.69
921.46 952.22 974.68 962.27 942.18 967.19 951.11 943.23 946.60 995.07 993.25 996.22 1003.08 1016.15 1031.18 1037.94 1070.38

832.25
1059.93
1121.06
1412.58
1579.45
1198.13

1048.55
1070.57
1155.58
1428.48
1644.45
1227.76

636.83 649.30 664.01 646.67 647.05 663.25 675.65 721.60 648.52 664.78 672.42 680.93 720.46 717.25 746.82 723.18 737.93 815.19 816.45 808.01 844.54 884.42 886.17 884.29
784.21 822.74 814.55 808.35 806.46 790.70 798.49 793.86 793.92 818.10 819.69 823.59 834.82 839.20 866.16 864.70 881.34 904.86 919.51 862.38 901.61 915.25 950.36 968.23
827.45 872.11 885.58 877.57 885.53 869.53 897.82 878.06 898.55 906.66 896.83 888.26 868.55 860.92 900.15 896.31 947.96 959.23 979.48 919.45 957.98 958.24 993.68 1015.52
1103.91 1137.85 1131.52 1149.92 1169.04 1126.14 1097.55 1163.05 1108.16 1143.62 1125.83 1135.90 1133.45 1147.66 1166.21 1181.63 1250.83 1290.11 1298.80 1250.77 1302.49 1327.00 1362.69 1353.31
1529.22 1490.17 1411.77 1405.35 1495.73 1456.48 1439.59 1397.92 1263.72 1321.12 1309.38 1332.35 1318.35 1301.38 1448.66 1381.17 1420.19 1429.85 1494.50 1653.35 1424.02 1457.73 1471.85 1576.77
866.49 909.03 906.12 903.41 901.44 881.37 888.07 902.66 883.87 909.46 905.01 910.73 915.30 918.05 950.14 940.81 973.39 1005.98 1015.87 985.09 1008.67 1025.93 1055.92 1064.87

920.81
995.39
1011.01
1404.81
1473.50
1092.97

742.00 675.00 675.00 687.50 742.00 742.00 742.00

895.89 922.36 927.68 874.49 861.40 861.56 900.19
912.07 953.66 974.98 1034.22 939.81 939.64 1020.57
1136.87 1166.03 1153.70 1128.07 1131.33 1115.79 1187.23
1363.59 1367.92 1435.08 1362.63 1319.20 1354.96 1446.95
1018.16 1045.23 1051.05 1020.79 1002.54 999.55 1058.13

865.00
1077.89
1244.15
1404.82
1686.15
1261.71

570.00
874.91
1011.95
1144.54
1406.91
1027.15

835.00
908.53
1038.55
1180.02
1474.66
1055.12

600.00
917.84
1094.79
1197.13
1555.55
1085.79

784.50
949.36
1106.59
1217.95
1567.48
1112.52

710.00
936.07
1092.49
1176.85
1545.91
1089.60

710.00
946.23
1097.67
1220.34
1503.32
1099.47

728.00
921.16
1070.52
1214.56
1550.72
1086.51

782.00
946.09
1128.00
1253.30
1590.98
1120.37

745.00
921.35
1077.86
1249.01
1452.82
1092.40

742.00
949.78
1102.37
1233.92
1516.24
1109.74

852.01
962.03
1012.48
1267.41
1455.25
1091.12

790.00
948.13
1099.92
1267.69
1612.31
1131.19

816.43
1017.54
1059.78
1272.76
1512.71
1115.69

795.00
960.55
1118.67
1281.57
1544.48
1140.85

868.49
971.61
1056.15
1273.80
1472.61
1103.61

787.50
1003.31
1186.36
1324.29
1621.09
1186.98

864.99
991.77
1085.71
1354.92
1526.98
1150.02

885.00
1005.37
1170.55
1329.91
1605.32
1186.34

893.42
1041.22
1084.64
1412.06
1568.64
1194.57

896.00
1032.08
1218.70
1412.23
1704.51
1242.74

810.59
1045.16
1110.98
1439.82
1583.28
1194.19

900.00
1057.44
1218.95
1371.85
1644.69
1235.84

930.00
1088.18
1194.11
1352.49
1636.38
1236.83

601.94 571.56 584.69 564.74 560.38 561.07 540.43 556.80 557.52 556.99 594.63 593.84 595.32 561.67 602.76 596.41 608.94 636.58 619.65 625.85 681.21 703.19 709.82 679.61 718.97
730.26 736.34 754.70 729.24 723.15 720.93 724.18 725.32 726.04 745.26 766.70 752.94 750.47 764.29 787.22 789.83 807.02 827.41 857.89 841.52 869.21 890.37 928.32 902.43 910.86
779.40 785.34 802.53 778.09 787.50 789.60 780.35 917.03 798.69 814.16 816.09 815.55 816.91 816.50 844.89 838.82 849.31 867.10 873.24 863.55 878.46 901.06 944.53 924.73 943.07
943.30 971.72 988.27 953.89 936.59 936.01 951.02 962.08 969.19 965.82 985.51 954.99 973.16 994.94 1008.49 1000.72 1018.26 1037.18 1081.12 1103.71 1107.51 1178.82 1208.44 1143.89 1205.68
1059.12 1084.21 1127.62 1086.38 1080.05 1119.47 1118.76 1122.91 1111.09 1133.51 1157.06 1156.45 1164.89 1184.76 1221.11 1219.64 1213.65 1229.41 1241.19 1241.30 1235.79 1284.50 1372.52 1310.14 1334.54
825.00 827.14 847.43 819.71 814.84 812.41 818.18 848.75 833.94 845.38 863.99 847.17 851.33 862.86 888.02 889.19 897.65 919.55 949.28 941.79 958.08 1003.19 1035.64 994.94 1032.66
618.90 635.74 645.31 629.66 632.37 638.61 645.74 676.71 628.95 645.61 656.95 655.70 677.32 674.53 706.77 695.27 710.79 773.67 765.09 770.85 778.51 809.86 823.49 816.49 870.47
759.28 781.73 782.91 775.89 772.32 760.75 770.94 756.42 770.29 787.18 798.11 795.33 799.90 799.50 819.58 822.47 838.93 856.38 866.10 848.30 868.14 889.81 918.82 921.44 944.58
811.42 841.35 841.57 841.81 841.40 834.13 845.57 850.90 852.62 869.51 876.64 870.33 866.15 858.27 883.64 877.73 893.91 911.04 923.56 906.18 930.39 952.66 976.12 984.23 1003.96
1020.84 1040.72 1052.78 1056.04 1043.45 1027.33 1042.66 1035.87 1032.92 1058.99 1074.70 1068.95 1071.28 1085.16 1097.10 1098.45 1130.98 1162.32 1174.35 1170.70 1182.71 1227.38 1254.11 1233.91 1275.91
1230.57 1261.69 1290.76 1258.64 1245.42 1250.45 1229.25 1222.57 1216.55 1267.18 1285.56 1283.99 1286.43 1292.61 1336.55 1295.00 1316.48 1359.15 1374.33 1406.98 1378.91 1421.42 1468.13 1437.85 1473.59
861.26 886.14 892.22 888.81 881.92 870.37 880.99 875.39 877.16 899.97 912.68 908.77 911.41 915.08 936.46 932.02 952.60 979.80 986.42 978.99 992.77 1022.33 1048.63 1041.61 1073.63

Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-16

2nd

3rd

4th

Average Rents by Age of Building by County

(In Dollars)
2008
County

Year Built

Adams

To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-04
2005 up

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro
Average

1st

2nd

2009
3rd

4th

593.18
639.69
685.52
857.63
940.15
983.48
1249.48
1071.18
676.19
691.37
766.50
1014.19
1057.87
1190.06
821.88
915.78
734.92
832.57
1065.93
1094.06

1st

2nd

2010
3rd

4th

1st

2nd

2011
3rd

4th

1st

2nd

2012
3rd

4th

1st

771.85
664.89
775.43
933.09
974.50

1223.15
689.63
851.28
942.72
1022.66

800.81
640.37
655.13
751.59
1027.67
1036.65
1224.20
764.38
801.14
690.69
858.16
1061.87
1026.05

1151.42
672.97
689.74
752.26
1057.61
982.76
1226.41
767.50
917.80
687.99
869.93
1039.70
1112.19

595.45
647.10
692.22
838.19
962.23
1011.81
1316.98
1101.67
580.76
680.05
770.29
1035.38
1013.00
1198.54
764.38
920.52
725.76
847.51
1076.32
1194.75

687.70
683.56
675.88
945.79
1067.50
1118.35
1487.61

688.30
679.98
694.00
897.46
1192.30
1216.35
1452.69

701.17
722.09
697.31
879.79
1195.83
1171.44
1475.04

706.92
700.21
696.78
875.35
1223.33
1173.06
1441.60

537.24
729.08
691.71
822.99
933.50
967.30
1252.63
1092.50
687.94
703.99
756.75
985.26
1064.02
1194.22
821.88
971.10
742.22
859.88
993.65
1077.54
1374.69
689.15
697.80
701.13
855.30
1234.64
1182.57
1454.64

546.84
981.27
690.22
834.01
942.30
969.32
1173.72
925.00
642.85
671.33
731.21
970.20
1055.53
1186.55
821.88
885.33
789.71
858.35
1003.98
1100.69
1415.47
682.32
708.35
680.08
822.71
1216.94
1124.59
1321.57

547.11
968.27
677.97
798.01
876.24
959.33
1146.08
977.50
691.38
663.08
741.60
1042.55
1068.37
1093.18
841.25
883.70
772.83
848.40
1014.68
1123.01
1244.94
725.88
693.78
677.37
839.14
1184.72
1046.06
1378.88

473.46
590.24
688.69
805.77
874.99
874.82
1093.50
847.98
654.48
635.02
719.54
1028.47
992.40
1145.61
841.25
898.31
768.09
862.21
1026.18
980.32
1240.57
707.25
718.62
665.19
841.72
1185.93
1017.16
1453.86

644.23
578.99
781.06
830.75
937.69
962.73
1158.59
937.07
675.93
696.05
749.09
1003.76
1014.95
1133.88
731.57
904.31
760.80
874.26
1038.47
981.49
1240.57
721.40
728.03
727.01
883.84
1045.51
1045.08
1479.97

515.91
659.71
790.89
821.40
937.45
1002.68
1161.61
918.89
653.04
700.78
763.15
1018.85
1046.87
1138.89
733.13
890.03
734.14
881.07
1125.50
1007.75
1275.80
720.47
723.79
707.40
919.35
1064.16
1059.61
1533.13

550.00
778.76
782.74
867.57
972.69
993.61
1162.10
991.33
672.76
690.95
781.12
1045.47
1112.68
1174.62
625.00
873.54
760.25
902.00
1116.94
998.84
1291.98
732.15
728.36
704.16
898.54
1080.01
1071.89
1462.73

560.00
670.43
756.47
868.24
952.81
1005.66
1155.31
984.33
695.24
669.45
784.24
1105.65
1111.09
1174.06
700.22
906.04
817.73
897.23
1108.35
1013.44
1159.85
701.22
724.62
710.00
906.87
1089.37
1069.35
1433.62

560.00
784.93
755.42
860.01
964.22
1006.92
1155.88
665.63
687.13
669.78
794.32
1032.12
1104.25
1188.54
700.22
969.17
814.87
935.11
1094.47
1056.04
1177.75
689.70
722.99
717.55
901.96
1114.47
1109.22
1372.09

585.00 585.00 585.00

677.17 676.64 806.59
697.43 741.47 743.56
858.44 968.22 868.76
984.93 979.10 979.09
1030.32 1057.00 1041.82
1155.95 1087.11 1177.48

585.00
734.60
695.41
1007.29
990.91
1048.61
1176.86

688.14
665.29
768.30
1100.00
1110.46
1145.67
701.30
972.20
822.44
934.82
1090.26
1090.83
1219.73
656.49
718.51
722.06
895.76
1114.45
1123.14
1402.18

694.65
678.31
789.20
1123.27
1094.93
1164.49
748.26
990.40
791.05
955.20
1127.70
1067.12
1244.07
759.48
765.14
725.94
931.85
1190.85
1189.27
1363.93

651.03
686.20
797.99
1134.34
1115.12
1164.19
741.39
1010.84
852.21
954.12
1203.55
1111.85
1231.49
718.77
775.13
754.15
982.62
1222.41
1208.48
1347.30

849.11
1054.17
1014.19

852.10
1049.47
1060.01

852.10
1123.60
1028.09

635.00
808.70
1070.64
1020.44

1027.62
992.65

852.63
991.04
1019.24

886.76
1069.31
1069.81

886.76
1034.89
1037.61

900.18
1081.59
1067.85

865.86
1152.44
1066.22

931.67
1186.78
1059.19

895.97
1172.80
1018.56

895.97
1085.75
1120.42

871.45 917.49 892.45

1091.13 1099.56 1115.19
1120.42 1168.07 1112.77

1017.75
1162.74
1086.85

602.03
772.85
690.95
840.78
919.11
956.73
1080.63
687.11
704.47
673.06
810.23
1011.33
1030.23
1323.36

639.23
740.23
692.03
853.15
975.38
980.12
1198.81
688.91
743.31
691.48
814.88
1048.18
1069.34
1313.82

641.68
762.47
706.85
850.59
1008.08
955.09
1160.63
700.75
709.73
696.27
818.55
1062.50
1054.74
1314.90

632.90
698.26
694.97
848.24
970.91
887.36
1118.07
704.72
716.56
696.37
820.41
1043.60
1051.27
1261.43

598.31
701.19
705.24
839.92
959.87
913.24
1094.77
685.39
739.15
704.94
803.49
1015.58
1038.11
1279.56

628.09
711.79
707.70
812.82
992.11
914.04
921.38
680.32
748.51
691.18
783.44
1011.87
1037.21
1220.24

641.62
715.95
684.09
795.71
969.84
915.69
1154.79
721.13
758.84
685.39
785.04
1027.48
1035.66
1220.48

629.42
740.46
767.30
801.35
968.28
914.59
1148.34
700.98
710.72
692.89
775.80
1024.00
977.65
1244.52

627.49
760.68
702.15
833.10
920.94
913.28
1093.17
720.01
721.88
724.87
808.84
999.75
1013.78
1236.08

609.05
720.27
723.44
823.04
934.27
934.50
1192.89
717.43
715.21
721.66
822.03
1033.69
1035.13
1291.78

549.76
733.27
741.34
829.12
993.82
977.09
1158.44
721.60
731.96
722.10
828.80
1063.00
1055.27
1280.70

553.90
731.91
756.20
817.26
991.99
922.16
1086.51
691.21
736.07
723.48
832.74
1074.10
1049.80
1269.71

605.94
714.94
758.48
819.55
1012.03
947.59
1195.59
681.17
751.66
725.13
837.66
1043.00
1077.06
1259.87

658.59
729.94
747.63
809.22
1022.95
995.62
1195.59
656.79
734.12
713.37
823.75
1070.34
1091.52
1255.71

690.40
733.65
777.94
852.94
1085.61
1086.35
1195.59
717.34
765.84
735.90
886.41
1129.44
1114.79
1245.67

Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.

II-17

713.63
670.85
792.47
1120.57
1071.39
1118.75
641.67
1039.59
824.73
951.19
1122.24
1060.29
1158.80
675.55
749.35
749.55
920.78
1132.67
1121.80
1519.12

642.99
743.55
769.27
844.17
1035.71
1068.28
1195.59
672.46
760.50
732.96
861.51
1086.02
1095.10
1272.96

795.18
740.44
776.27
846.08
1051.52
1025.32
1195.59
759.38
768.79
727.89
847.68
1096.80
1099.49
1254.01

2nd

2013
3rd

4th

1st

2nd

2014
3rd

4th

1st

610.00 610.00 650.00

740.15 730.40 775.74
734.55 700.15 698.72
833.14 854.09 852.50
1000.62 1036.80 1059.86
1069.11 1095.03 1076.24
1206.87 1108.39 1092.92
686.67 586.11
668.28 666.51 675.91
702.95 698.81 710.99
820.53 837.79 810.49
1153.25 1168.62 1190.27
1111.23 1123.89 1162.30
1224.18 1207.63 1193.16
948.13 641.67 763.57
1090.27 985.02 989.54
839.77 847.40 878.80
967.30 1005.63 1007.33
1185.27 1233.30 1262.23
1125.67 1125.82 1050.27
1250.43 1320.40 1221.63
784.24 755.50 741.08
802.50 810.95 790.60
754.04 792.49 750.61
1016.69 986.12 1031.60
1251.22 1254.87 1197.98
1273.26 1334.96 1274.25
1399.12 1424.27 1733.91

650.00
764.94
729.19
862.67
1053.79
1092.11
1086.61
643.33
739.85
724.74
839.55
1141.40
1191.16
1199.69
796.17
999.53
948.56
1049.42
1257.37
1081.59
1349.10
774.05
845.42
791.36
1031.93
1194.53
1280.12
1491.57

705.00 720.00 690.00

765.37 792.83 826.88
735.49 751.95 778.81
909.93 934.65 937.01
1082.90 1115.67 1090.93
1137.95 1182.49 1113.60
1128.52 1156.00 1147.16
906.38 794.68
784.84 777.16 796.52
731.12 748.19 776.66
866.22 900.03 883.95
1191.92 1208.85 1207.95
1171.10 1198.43 1205.19
1217.61 1253.79 1264.69
752.35 779.04 785.83
1015.54 987.90 950.65
905.59 891.79 942.94
1079.47 1145.03 1084.98
1316.98 1323.19 1341.05
1142.17 1152.03 1173.65
1410.59 1414.54 1405.19
830.89 818.34 862.50
844.78 839.17 874.29
781.24 820.61 829.63
1054.38 1071.91 1097.79
1191.78 1245.29 1404.32
1308.04 1310.45 1275.78
1471.80 1527.97 1481.23

725.00
839.80
795.08
969.56
1138.73
1100.10
1178.40
778.10
806.54
777.77
921.06
1245.98
1184.68
1291.55
668.60
1073.63
1024.01
1104.00
1314.05
1164.20
1438.62
920.45
883.22
820.95
1097.33
1241.42
1345.69
1557.09

983.70 985.93 1062.57

1180.77 1203.10 1216.23
1121.54 1119.27 1190.26
1142.60 1095.36
803.86 792.88 753.58
775.74 774.80 788.39
776.99 824.67 804.81
885.75 933.86 960.13
1117.16 1106.97 1088.90
1124.03 1144.79 1117.64
1195.59 1252.20 1290.78
784.50 752.63 740.01
798.17 806.51 803.25
748.10 754.99 747.66
880.02 888.81 886.73
1148.09 1161.76 1171.01
1142.64 1157.33 1163.76
1279.19 1290.45 1304.71

1083.58
1223.35
1168.49
1266.28
752.26
790.53
808.00
955.22
1124.29
1222.01
1271.43
772.61
818.76
770.35
905.51
1159.70
1176.30
1290.04

1097.50
1276.35
1229.65
1426.79
714.34
805.78
819.89
1030.82
1149.35
1207.77
1293.91
820.33
824.18
771.44
940.47
1201.11
1207.89
1334.79

835.00
1083.59
1241.62
1238.08
1345.38
736.13
852.72
867.64
1024.92
1146.30
1219.01
1406.60
844.20
858.50
821.11
964.44
1226.37
1206.10
1362.99

1083.75
1285.21
1253.23
1346.89
763.11
850.58
901.49
1057.96
1175.32
1460.01
1234.90
893.72
870.22
834.33
987.65
1238.13
1231.47
1399.77

1034.47
1271.72
1223.96
1355.80
739.86
825.39
851.76
1047.29
1172.89
1236.59
1302.75
815.34
841.73
796.31
971.11
1219.24
1223.41
1380.67

2nd

3rd

4th

Average Rents by Size of Building by County

(In Dollars)

County

Adams

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro
Average

Number of Units

Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

2008
1st

1015.49
611.40
725.82
872.92
856.06
598.53
583.54
631.53
729.28
894.34
813.58
1339.81
870.73
871.56
826.62
882.40
1049.72
626.13
640.59
738.61
853.74
901.06
927.52

2nd

1398.37
580.12
761.36
913.51
902.85
1196.76
640.09
602.32
723.45
886.56
835.79
726.72
842.03
931.95
937.56
893.42
1072.37
628.21
660.84
738.11
860.13
1031.09
917.70

2009
3rd

748.30
600.99
583.07
763.03
921.66
897.59
664.41
633.17
629.44
764.38
914.59
829.43
747.44
781.61
917.17
941.22
926.64
1089.39
625.60
661.62
726.64
836.28
1010.22
925.62

548.21

993.11
1032.73
675.78
648.62
716.12
764.11
888.96
844.53
708.78
667.16
711.97
781.86
898.18
891.76

4th

937.50
614.36
581.23
759.07
908.57
900.67
1205.11
613.56
651.98
740.34
941.42
837.14
742.95
836.92
887.11
935.70
916.85
1083.65
653.76
668.24
728.25
838.49
1006.33
924.47
523.21
635.00

1021.55
1057.30
661.29
666.41
695.28
720.49
892.28
890.33
743.86
712.43
706.32
790.21
933.58
912.11

1031.21
1063.59
699.15
669.36
721.56
753.59
911.92
895.52
662.93
665.16
701.83
802.30
945.78
911.16

1001.68
1042.29
716.44
648.92
686.57
739.11
883.11
862.98
742.42
667.72
704.28
791.94
945.05
907.03

1st

2nd

2010
3rd

4th

1st

986.14
630.73
763.07
883.67
892.07
2136.93
643.98
631.78
751.57
934.60
821.08
1606.98
835.91
929.34
969.45
911.30
980.22
645.67
653.98
719.28
799.88
1029.02
913.57

1766.34
621.46
758.45
902.78
896.62
786.30
621.31
610.64
724.44
923.67
785.49
787.50
870.50
917.00
972.64
937.80
1024.11
642.49
653.04
744.95
805.81
999.50
899.54

1499.32
607.77
724.13
859.09
869.51
1255.03
615.04
751.13
733.28
932.00
843.99
725.11
901.56
889.64
898.74
909.09
1070.97
729.48
698.63
725.06
831.69
962.68
922.85

862.50
622.13
643.83
739.03
847.98
805.06
637.75
593.84
706.37
731.88
882.21
861.57
747.59
888.29
887.72
950.56
893.32
1006.60
701.58
840.63
790.59
845.24
977.79
883.46

523.21

523.21
689.10

523.21

548.21

523.21

1056.94
1007.31
733.50
1237.78
768.27
766.20
866.58
854.48
706.29
868.55
768.06
796.14
910.94
880.34

837.50
1103.63
1047.59
704.16
677.34
692.30
829.89
864.85
849.31
667.23
685.29
765.69
812.94
916.46
894.90

963.76
1031.41
725.09
660.09
715.79
766.96
850.55
853.57
903.01
678.59
708.10
798.84
935.29
890.56

988.55
1014.80
742.45
659.62
686.35
765.49
824.13
891.88
702.10
710.62
704.81
791.39
930.67
876.38

592.50
649.78
741.41
769.95
854.88
967.47
619.23
629.42
673.96
747.04
899.12
833.75
758.65
814.09
918.71
946.07
891.99
1044.11
643.35
689.93
807.52
813.32
970.90
882.90

2nd

862.50
675.90
788.26
772.47
896.93
948.28
668.13
662.49
686.27
715.59
926.87
850.44
768.17
857.30
953.16
1022.61
896.19
1118.93
713.54
719.14
772.46
891.85
987.23
909.36

2011
3rd

4th

1st

2nd

782.25
738.30
632.34
718.97
917.85
935.87
650.08
658.65
685.24
726.87
960.55
885.44
739.38
890.23
969.82
1076.79
965.44
1083.10
648.49
688.47
758.20
920.29
968.30
934.71

2012
3rd

4th

1st

556.25
624.73
592.71
739.78
932.64
1044.10
583.34
642.19
697.16
740.53
958.03
891.06
710.44
902.14
1042.91
1078.29
989.85
1091.70
688.79
695.06
872.85
938.35
1021.78
941.58

362.50
1032.74
625.72
747.67
924.68
961.71
568.76
634.27
707.69
757.94
968.98
896.41
767.47
924.39
1052.99
1044.88
1000.14
1103.34
696.78
775.56
816.81
971.87
983.00
954.77

672.00
724.26
680.20
740.35
942.39
1016.68
696.22
661.87
727.29
765.13
974.98
907.94
759.00
947.06
1054.23
1068.74
1015.76
1158.47
701.87
747.64
830.37
936.09
1027.01
1027.91

672.00
731.58
714.32
774.16
936.64
920.81
630.24
677.22
717.79
806.08
1046.71
931.22
795.35
953.69
1085.30
1083.50
1025.32
1202.59
720.53
781.67
810.49
1009.07
1028.65
1081.64

1141.23
1077.92
738.19
791.81
714.04
832.48
917.35
953.53
720.12
756.95
797.17
854.97
990.43
979.45

850.26
1144.94
1132.55
765.18
812.30
735.52
853.07
937.38
969.27
721.34
787.62
793.26
895.38
1016.90
1000.11

862.50
968.40
765.50
768.79
945.09
941.53
634.53
634.14
703.20
701.06
962.83
876.90
759.82
872.99
942.44
1029.87
901.39
1102.53
697.41
698.94
787.52
929.35
975.96
895.96

862.50
621.37
705.50
752.60
905.72
952.12
633.96
653.45
696.66
720.31
988.93
872.21
728.98
811.88
917.37
1020.00
936.35
1108.73
643.88
695.72
802.48
927.30
994.31
906.30

237.50
902.24
795.27
720.03
917.87
956.12
619.36
639.52
707.06
731.76
958.12
865.76
754.10
882.34
947.45
1048.91
961.11
1074.07
651.28
668.21
804.36
923.22
975.66
926.51

487.50

487.50

548.21

523.21

931.67
1094.76
1125.67
706.06
671.70
760.49
810.34
912.50
888.37
694.44
711.04
776.58
838.11
957.52
929.36

895.97
1088.04
1102.57
710.14
667.56
743.78
792.22
876.87
903.48
674.97
688.04
771.52
830.85
960.23
925.03

895.97
1120.80
1096.01
713.79
676.16
735.52
791.98
889.18
906.19
677.34
695.03
785.58
831.18
957.30
925.21

895.97 895.97 824.18

1130.81 1157.95 1135.01
1067.58 1106.87 1072.50
750.73 732.64 741.58
671.02 781.16 800.08
746.96 760.45 758.32
792.02 816.59 817.93
905.43 904.97 897.59
914.52 954.98 948.79
696.32 689.48 696.63
702.23 723.13 781.63
748.57 793.02 789.47
826.77 838.90 852.74
957.79 974.55 968.07
931.46 956.36 948.91

2nd

2013
3rd

4th

1367.00
704.35
630.43
774.76
944.29
894.69
689.56
673.69
751.31
782.95
1030.46
951.32
731.51
1000.66
1066.92
1092.93
1070.29
1217.60
703.92
805.26
842.52
990.95
1069.79
1073.51

1367.00
656.13
632.18
767.55
928.61
910.19
652.69
662.36
738.32
795.39
1027.52
930.72
778.41
961.41
1064.90
1123.97
1078.51
1143.11
719.56
798.40
795.31
1015.56
1045.31
1010.35

1195.34
1180.60
749.35
800.68
745.03
838.06
980.56
1027.67
729.96
785.41
781.69
884.20
1026.89
992.15

1st

2nd

2014
3rd

4th

1st

729.67
676.15
795.86
940.28
920.77
609.37
690.83
784.11
790.57
1026.48
932.85
794.49
971.30
990.34
1205.68
1095.90
1216.67
731.53
823.24
844.68
979.81
1056.12
1058.87

1367.00
693.04
663.76
801.93
974.11
942.45
622.29
704.98
935.63
780.89
1038.37
976.13
773.68
980.99
989.43
1248.65
1121.89
1302.61
732.74
856.87
866.87
996.04
1092.54
1035.63

1367.00
744.18
678.97
815.81
1022.59
954.06
659.43
746.08
936.82
843.04
1079.55
989.21
796.00
1075.56
1071.42
1232.21
1111.14
1292.37
741.67
875.11
933.42
1037.31
1113.35
1064.22

756.70
750.81
836.29
981.26
970.70
770.50
761.16
872.31
853.96
1065.50
984.03
810.55
1031.19
1097.28
1257.22
1169.49
1238.10
761.44
886.60
844.13
1123.81
1093.86
1081.57

785.49
731.56
868.38
1025.28
998.58
714.67
748.48
999.18
882.78
1089.26
1015.63
792.98
1115.12
1118.82
1291.53
1204.42
1266.49
749.47
922.48
962.17
1102.65
1197.56
1055.63

1230.44
1157.42
755.48
804.10
738.23
866.67
1007.96
1037.06
732.15
806.95
819.04
902.26
1038.28
1005.42

1302.66
1201.30
784.11
834.52
752.29
871.46
1058.11
1087.77
748.91
840.54
846.92
913.20
1068.03
1034.17

920.27
1271.16
1218.40
792.91
840.44
795.31
913.28
1092.99
1127.57
758.60
859.63
898.82
952.82
1097.95
1055.50

1268.28
1217.85
775.42
837.13
854.26
906.62
1011.62
1070.56
774.39
862.72
875.68
986.90
1079.82
1050.31

709.88
835.00

1085.25
1040.39
763.31
663.44
853.60
765.82
851.12
835.10
823.15
741.74
756.41
789.55
925.13
896.55

834.78
1095.50
1090.61
746.87
673.96
759.05
820.92
876.89
864.07
722.10
712.29
765.54
829.13
937.59
920.23

Rents reflect units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-18

1163.43
1126.61
752.52
809.72
759.64
810.49
1005.56
1038.44
721.79
794.69
807.21
872.23
1036.21
1006.18

1303.90
1234.81
797.35
852.46
835.80
908.93
1089.39
1091.54
765.47
897.89
957.29
997.36
1132.06
1065.30

2nd

3rd

4th

Average Rent per Square Foot by Apartment Type by County

(In Dollars)

Metro Average

Jefferson

Douglas

Denver

Boulder/
Broomfield

Arapahoe

Adams

Apartment
County Type
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st
1.17
1.00
0.89
0.94
0.93
0.95
1.15
1.00
0.89
0.92
0.91
0.96
2.17
1.16
0.90
1.04
0.94
1.16
1.10
1.05
0.89
0.96
0.95
1.00
1.47
1.14
1.04
1.08
1.08
1.10
1.10
1.03
0.87
0.95
0.90
0.96
1.35
1.04
0.90
0.96
0.93
1.00

2005
2nd 3rd
1.20 1.18
1.02 1.00
0.92 0.89
0.96 0.97
0.96 0.93
0.98 0.97
1.21 1.14
0.99 1.01
0.89 0.91
0.91 0.93
0.90 0.93
0.95 0.97
1.48 1.44
1.17 1.17
0.90 0.92
1.04 1.03
0.98 0.96
1.08 1.08
1.17 1.17
1.02 1.05
0.90 0.91
0.96 0.98
0.91 0.93
1.00 1.02
1.35
1.10 1.12
1.02 1.09
1.01 1.05
1.02 1.08
1.05 1.09
1.08 1.08
1.05 1.06
0.87 0.85
0.94 0.95
0.90 0.89
0.97 0.97
1.20 1.18
1.03 1.04
0.90 0.91
0.95 0.97
0.94 0.94
0.99 1.00

4th
1.10
1.01
0.90
0.95
0.91
0.96
1.14
0.99
0.89
0.91
0.93
0.95
1.49
1.17
0.95
1.09
0.91
1.09
1.23
1.07
0.93
0.95
0.95
1.03
1.35
1.13
1.04
1.05
1.03
1.08
1.11
1.05
0.86
0.95
0.92
0.97
1.22
1.05
0.91
0.96
0.94
1.00

1st
1.12
1.00
0.91
0.94
0.92
0.96
1.14
1.00
0.88
0.92
0.93
0.95
1.38
1.17
0.98
1.02
0.89
1.08
1.24
1.05
0.95
0.93
0.99
1.03
1.01
1.10
1.07
1.02
1.02
1.06
1.17
1.03
0.87
0.92
0.92
0.96
1.22
1.04
0.92
0.94
0.94
0.99

2006
2nd 3rd
1.09 1.09
1.04 1.04
0.93 0.91
0.96 0.96
0.91 0.94
0.99 0.98
1.12 1.15
1.00 1.02
0.88 0.89
0.92 0.93
0.91 0.89
0.96 0.97
1.89 1.77
1.20 1.20
0.88 0.92
1.06 1.14
0.87 0.84
1.08 1.12
1.30 1.37
1.08 1.15
0.97 0.99
0.94 0.97
0.92 0.93
1.04 1.10
1.09 1.05
1.08 1.09
1.11 1.05
1.05 1.02
1.05 1.01
1.07 1.05
1.18 1.20
1.06 1.06
0.89 0.89
0.94 0.95
0.91 0.92
0.98 0.98
1.27 1.32
1.05 1.08
0.92 0.93
0.95 0.97
0.92 0.92
1.00 1.02

4th
1.11
1.02
0.91
0.94
0.93
0.97
1.10
0.99
0.87
0.92
0.91
0.95
1.66
1.18
0.93
1.10
0.97
1.11
1.32
1.09
0.96
0.96
0.95
1.06
1.35
1.08
1.04
1.01
0.95
1.04
1.04
1.07
0.88
0.95
0.94
0.99
1.28
1.05
0.92
0.96
0.93
1.01

1st
1.10
1.02
0.91
0.94
0.93
0.97
1.21
0.98
0.87
0.90
0.90
0.94
1.74
1.18
0.92
1.11
0.94
1.11
1.33
1.08
0.97
0.96
0.96
1.06
1.34
1.06
1.04
1.00
0.99
1.03
1.03
1.03
0.85
0.92
0.90
0.95
1.29
1.04
0.92
0.94
0.93
1.00

2007
2nd 3rd
1.15 1.15
1.04 1.04
1.00 0.93
0.96 0.95
1.00 0.95
1.01 0.99
1.24 1.24
1.01 1.02
0.90 0.90
0.95 0.90
1.01 0.94
0.98 0.97
1.57 1.37
1.18 1.18
0.95 0.92
1.08 1.03
1.01 0.97
1.10 1.08
1.23 1.24
1.10 1.12
0.99 0.96
1.00 1.04
0.95 0.97
1.07 1.09
1.35 1.13
1.11 1.09
1.06 1.05
1.01 1.00
1.02 1.02
1.06 1.05
1.03 1.09
1.03 1.04
0.86 0.87
0.91 0.92
0.89 0.87
0.95 0.96
1.24 1.25
1.06 1.07
0.95 0.93
0.97 0.96
0.97 0.95
1.02 1.01

4th
1.17
1.04
0.95
0.94
0.96
0.99
1.18
1.01
0.89
0.92
0.94
0.96
1.41
1.21
0.96
1.06
1.04
1.12
1.30
1.12
0.94
1.02
1.00
1.09
1.32
1.16
1.03
1.02
1.02
1.08
1.12
1.07
0.91
0.91
0.87
0.97
1.28
1.08
0.93
0.96
0.95
1.02

1st
1.17
1.05
0.97
0.94
0.97
1.00
1.13
1.01
0.89
0.92
0.94
0.97
1.24
1.22
0.95
1.03
1.02
1.10
1.30
1.13
0.93
1.01
1.08
1.08
1.35
1.13
0.97
1.01
1.01
1.06
1.07
1.04
0.88
0.93
0.89
0.96
1.25
1.07
0.92
0.96
0.97
1.02

2008
2nd 3rd
1.21 1.21
1.09 1.07
1.01 0.97
0.99 0.98
1.06 1.05
1.04 1.02
1.11 1.18
1.02 1.03
0.91 0.91
0.92 0.94
0.94 0.97
0.97 0.99
1.64 1.67
1.23 1.25
0.99 0.99
1.04 1.05
1.00 1.01
1.13 1.15
1.30 1.32
1.18 1.16
0.97 1.00
1.04 1.03
1.06 1.05
1.12 1.12
1.23 1.23
1.15 1.16
1.01 1.03
1.03 1.02
1.02 1.06
1.08 1.09
1.19 1.24
1.07 1.08
0.90 0.92
0.96 0.97
0.92 0.95
1.00 1.01
1.28 1.31
1.10 1.10
0.95 0.96
0.98 0.99
0.99 1.01
1.04 1.05

4th
1.06
1.06
0.96
0.97
1.03
1.01
1.13
1.03
0.93
0.95
0.96
0.99
1.61
1.23
1.03
1.04
1.03
1.14
1.30
1.15
0.99
1.05
1.05
1.11
1.25
1.10
1.11
1.00
1.01
1.06
1.21
1.05
0.90
0.95
0.91
0.99
1.28
1.09
0.96
0.98
0.99
1.04

1st
1.33
1.05
0.96
0.96
0.99
1.00
1.15
1.04
0.91
0.94
0.95
0.98
1.50
1.22
1.04
0.99
0.97
1.12
1.29
1.16
1.00
1.06
1.08
1.12
1.35
1.08
0.99
1.00
0.98
1.04
1.17
1.05
0.91
0.93
0.92
0.99
1.28
1.09
0.96
0.97
0.97
1.03

2009
2nd 3rd
1.25 1.03
1.06 1.04
1.03 1.01
0.96 0.93
1.01 0.92
1.02 1.00
1.16 1.12
1.01 1.02
0.88 0.91
0.92 0.95
0.96 0.94
0.96 0.98
1.40 1.44
1.21 1.24
1.03 1.01
1.00 1.02
1.01 1.02
1.12 1.13
1.32 1.34
1.13 1.13
0.98 0.99
1.02 0.99
1.05 1.01
1.10 1.10
1.35 1.35
1.08 1.12
0.98 1.06
0.98 1.04
1.00 1.06
1.03 1.08
1.17 1.16
1.05 1.05
0.91 0.91
0.93 0.94
0.93 0.93
0.98 0.99
1.29 1.29
1.07 1.08
0.95 0.96
0.96 0.97
0.98 0.96
1.02 1.03

4th
1.19
1.00
0.92
0.89
0.90
0.94
1.06
1.00
0.89
0.93
0.95
0.96
1.50
1.20
0.97
0.99
1.03
1.10
1.45
1.13
0.99
1.06
1.00
1.12
1.04
1.09
1.05
1.00
1.03
1.05
1.20
1.05
1.06
0.95
0.93
1.02
1.37
1.06
0.96
0.96
0.95
1.02

Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-19

1st
1.32
1.09
1.00
0.99
0.97
1.04
1.15
1.04
0.94
0.92
0.98
0.99
1.54
1.20
0.96
1.00
1.03
1.10
1.31
1.13
1.02
1.02
0.93
1.10
1.52
1.14
1.08
1.05
1.07
1.10
1.12
1.05
0.90
0.95
0.92
0.98
1.29
1.09
0.97
0.97
0.97
1.04

2010
2nd
3rd
1.55 1.26
1.10 1.11
1.01 1.04
0.97 0.99
0.99 1.02
1.04 1.06
1.20 1.19
1.05 1.07
0.95 0.96
0.95 0.98
0.99 1.00
1.01 1.03
1.58 1.52
1.25 1.24
1.00 1.02
1.09 1.08
1.07 1.07
1.16 1.16
1.32 1.35
1.15 1.16
1.01 1.01
1.04 1.03
0.96 0.94
1.12 1.11
1.09 1.43
1.14 1.18
1.11 1.13
1.05 1.07
1.12 1.13
1.11 1.13
1.11 1.11
1.06 1.08
0.93 0.92
0.95 0.97
0.94 0.95
1.00 1.01
1.31 1.33
1.11 1.12
0.99 0.99
0.99 1.01
1.00 1.01
1.06 1.07

4th
1.19
1.11
1.01
0.99
1.02
1.05
1.14
1.07
0.96
0.98
1.03
1.03
1.53
1.24
1.05
1.11
1.00
1.16
1.35
1.16
1.00
1.05
0.95
1.12
1.29
1.19
1.12
1.05
1.11
1.12
1.10
1.08
0.93
0.94
0.96
1.00
1.32
1.12
0.99
1.00
1.01
1.07

1st
1.05
1.13
1.02
1.00
1.04
1.06
1.19
1.06
0.92
0.97
1.00
1.01
1.56
1.26
1.08
1.11
1.07
1.18
1.41
1.17
0.98
1.05
0.93
1.12
1.29
1.19
1.14
1.07
1.10
1.14
1.13
1.08
0.93
0.96
0.97
1.01
1.34
1.12
0.98
1.01
1.01
1.07

2011
2nd
3rd
1.05 1.18
1.10 1.21
0.98 1.01
1.02 1.05
1.03 1.06
1.05 1.11
1.18 1.24
1.06 1.07
0.93 0.96
0.98 0.98
1.03 1.03
1.02 1.03
1.66 1.72
1.27 1.29
1.06 1.06
1.09 1.12
1.06 1.07
1.18 1.19
1.40 1.45
1.17 1.20
0.97 1.01
1.06 1.07
0.94 1.02
1.13 1.16
1.32 1.42
1.16 1.19
1.11 1.17
1.07 1.11
1.14 1.16
1.12 1.16
1.17 1.23
1.10 1.13
0.92 0.95
0.98 1.00
0.98 1.01
1.02 1.05
1.35 1.41
1.12 1.15
0.97 1.00
1.02 1.03
1.02 1.05
1.07 1.09

4th
1.24
1.16
1.00
1.01
1.01
1.08
1.26
1.09
0.95
0.99
0.99
1.04
1.66
1.32
1.06
1.11
1.08
1.21
1.44
1.22
1.01
1.09
1.00
1.17
1.35
1.16
1.11
1.11
1.07
1.13
1.22
1.12
0.95
0.98
1.00
1.04
1.41
1.16
0.99
1.03
1.01
1.09

1st
1.22
1.19
0.98
1.08
1.03
1.11
1.31
1.11
0.97
1.00
1.00
1.05
1.70
1.34
1.09
1.15
1.12
1.24
1.46
1.25
1.06
1.16
1.05
1.21
1.35
1.19
1.14
1.10
1.13
1.15
1.26
1.15
0.97
1.01
1.00
1.06
1.44
1.18
1.01
1.06
1.03
1.12

2012
2nd
3rd
1.23 1.24
1.14 1.15
1.01 1.01
1.03 1.03
1.00 1.02
1.07 1.09
1.29 1.35
1.13 1.14
0.98 1.00
1.05 1.06
1.05 1.05
1.08 1.10
1.81 1.64
1.36 1.44
1.12 1.18
1.16 1.17
1.17 1.20
1.26 1.31
1.57 1.58
1.29 1.30
1.07 1.10
1.19 1.18
1.06 1.12
1.25 1.26
1.44 1.45
1.20 1.19
1.14 1.15
1.13 1.13
1.20 1.15
1.17 1.16
1.36 1.28
1.18 1.22
0.99 1.01
1.03 1.07
1.02 1.03
1.09 1.12
1.52 1.52
1.20 1.22
1.03 1.05
1.09 1.10
1.06 1.07
1.14 1.16

4th
1.27
1.14
1.02
1.02
1.02
1.08
1.37
1.13
0.97
1.04
1.05
1.08
1.90
1.38
1.19
1.17
1.16
1.28
1.57
1.24
1.06
1.15
1.25
1.22
1.43
1.25
1.22
1.16
1.20
1.21
1.47
1.21
1.00
1.09
1.04
1.12
1.54
1.19
1.04
1.09
1.09
1.14

1st
1.36
1.18
1.04
1.04
1.06
1.11
1.39
1.15
1.00
1.05
1.04
1.10
1.81
1.42
1.23
1.24
1.24
1.33
1.64
1.27
1.10
1.19
1.06
1.24
1.61
1.25
1.19
1.16
1.18
1.20
1.36
1.25
1.02
1.09
1.05
1.14
1.56
1.22
1.06
1.10
1.08
1.16

2013
2nd
3rd
1.36 1.35
1.20 1.23
1.08 1.10
1.09 1.11
1.09 1.17
1.14 1.17
1.44 1.50
1.19 1.22
1.04 1.07
1.08 1.11
1.08 1.10
1.13 1.17
1.87 1.56
1.48 1.48
1.20 1.25
1.31 1.32
1.25 1.26
1.37 1.38
1.69 1.67
1.28 1.34
1.10 1.13
1.21 1.25
1.11 1.11
1.26 1.30
1.63 1.64
1.29 1.32
1.24 1.25
1.24 1.20
1.25 1.21
1.27 1.26
1.38 1.42
1.27 1.32
1.05 1.09
1.15 1.18
1.07 1.14
1.18 1.22
1.61 1.61
1.25 1.29
1.09 1.12
1.15 1.17
1.11 1.14
1.20 1.23

4th
1.37
1.23
1.12
1.10
1.08
1.16
1.48
1.21
1.08
1.10
1.10
1.15
1.64
1.52
1.25
1.32
1.25
1.41
1.70
1.38
1.15
1.26
1.19
1.34
1.69
1.35
1.24
1.18
1.21
1.27
1.52
1.31
1.07
1.14
1.10
1.20
1.62
1.30
1.13
1.16
1.13
1.23

1st
1.55
1.27
1.15
1.14
1.17
1.21
1.53
1.25
1.10
1.13
1.12
1.19
2.05
1.54
1.27
1.33
1.29
1.42
1.72
1.41
1.16
1.30
1.12
1.36
1.57
1.34
1.29
1.22
1.24
1.29
1.71
1.31
1.10
1.19
1.14
1.22
1.69
1.33
1.15
1.20
1.16
1.27

2014
2nd
3rd

4th

Average Rent Per Square Foot by Apartment Unit Size by County

(In Dollars)

County

Apartment
Size (Sq. Ft)

Adams

499 below

Arapahoe

2005

2006

2007

2008

2009

2010

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

1.31

1.27

1.22

1.27

1.22

1.13

1.05

1.09

1.09

1.47

1.47

1.28

1.32

1.31

1.30

1.28

1.37

1.28

1.30

1.33

2nd

2011
3rd

4th

2012

1st

2nd

3rd

1.25

1.49 1.36 1.23 1.24

1.23

4th

2013

1st

2nd

3rd

1.28

1.38 1.29

1.35

4th

2014

1st

2nd

3rd

4th

1st

1.33

1.38 1.46

1.33

1.35

1.39 1.62
1.24 1.28

500 to 749

0.99

1.00

0.96

0.96

0.96

1.00

1.02

1.00

1.01

1.04

1.02

1.03

1.05

1.09

1.07

1.07

1.07

1.07

1.06

1.04

1.11

1.12 1.13 1.12 1.15

1.09

1.24

1.18 1.21

1.15

1.15

1.13 1.18

1.21

1.24

750 to 999

0.92

0.96

0.96

0.98

0.95

0.98

0.96

0.95

0.95

0.98

0.96

0.98

0.98

1.02

1.00

0.99

0.96

1.00

0.98

0.91

1.01

1.01 1.03 1.02 1.03

1.02

1.07

1.02 1.07

1.04

1.05

1.05 1.07

1.10

1.12

1.13 1.17

1000 above

0.95

0.98

0.97

0.95

0.96

0.96

0.96

0.95

0.96

0.99

0.97

0.96

0.95

1.03

1.01

1.00

0.98

0.98

0.94

0.88

0.98

0.99 1.01 1.00 1.00

1.02

1.02

1.02 1.03

1.02

1.04

1.03 1.06

1.10

1.14

1.10 1.15
1.41 1.46

499 below

0.97

1.05

0.97

1.02

1.01

1.01

1.07

1.03

1.10

1.16

1.14

1.11

1.02

1.09

1.13

1.16

1.17

1.15

1.16

1.10

1.45

1.48 1.41 1.18 1.18

1.20

1.20

1.23 1.25

1.26

1.31

1.31 1.35

1.39

1.42

500 to 749

0.98

0.97

0.98

0.96

0.96

0.96

0.97

0.95

0.94

0.98

1.00

1.00

1.01

1.02

1.02

1.00

1.02

0.99

0.99

0.98

1.03

1.04 1.05 1.04 1.05

1.03

1.05

1.06 1.08

1.10

1.11

1.10 1.13

1.15

1.20

1.19 1.23

750 to 999

0.95

0.93

0.96

0.95

0.96

0.96

0.97

0.95

0.94

0.95

0.95

0.94

0.95

0.96

0.97

0.99

0.98

0.95

0.98

0.96

0.97

0.98 1.01 1.02 1.00

1.01

1.02

1.03 1.05

1.06

1.08

1.07 1.08

1.13

1.15

1.15 1.18

0.94

0.93

0.95

0.93

0.93

0.94

0.94

0.94

0.91

1.01

0.93

0.93

0.94

0.93

0.96

0.96

0.94

0.94

0.96

0.94

0.93

0.96 1.00 1.01 0.99

1.00

1.00

1.01 1.02

1.07

1.09

1.06 1.07

1.10

1.13

1.10 1.14

Boulder/
499 below
Broomfield
500 to 749

1000 above

1.85

1.36

1.33

1.37

1.34

1.40

1.34

1.38

1.40

1.36

1.43

1.39

1.34

1.39

1.39

1.43

1.40

1.61

1.42

1.39

1.42

1.43 1.44 1.60 1.47

1.54

1.56

1.63 1.62

1.74

1.81

1.70 1.68

1.73

1.64

1.88 1.85

1.16

1.17

1.14

1.13

1.11

1.17

1.18

1.19

1.21

1.17

1.19

1.22

1.24

1.30

1.31

1.29

1.30

1.31

1.31

1.27

1.25

1.25 1.26 1.28 1.33

1.32

1.36

1.38 1.41

1.43

1.47

1.48 1.51

1.54

1.53

1.53 1.61

750 to 999

0.98

1.00

1.01

1.05

1.05

1.03

1.06

1.03

1.02

1.05

1.01

1.04

1.03

1.04

1.09

1.08

1.06

1.07

1.07

1.05

1.06

1.11 1.12 1.12 1.14

1.14

1.14

1.16 1.18

1.21

1.28

1.25 1.29

1.33

1.37

1.40 1.41
1.26 1.26

Denver

Douglas

Jefferson

Metro
Average

1000 above

1.01

1.03

1.05

1.06

1.01

1.00

1.08

1.05

1.06

1.04

0.99

1.04

0.99

1.02

1.02

1.01

0.96

0.98

1.00

0.97

0.98

1.09 1.06 1.06 1.07

1.08

1.10

1.10 1.14

1.14

1.16

1.14 1.22

1.27

1.26

499 below

1.13

1.08

1.10

1.16

1.19

1.25

1.35

1.31

1.34

1.18

1.22

1.32

1.30

1.31

1.32

1.34

1.33

1.37

1.39

1.56

1.39

1.38 1.41 1.40 1.40

1.43

1.48

1.51 1.53

1.56

1.60

1.56 1.64

1.71

1.70

1.72 1.75

500 to 749

1.02

1.02

1.03

1.06

1.05

1.08

1.10

1.08

1.08

1.10

1.12

1.11

1.12

1.14

1.13

1.11

1.12

1.09

1.11

1.13

1.13

1.13 1.13 1.12 1.15

1.15

1.18

1.20 1.22

1.26

1.28

1.22 1.25

1.26

1.30

1.37 1.40

750 to 999

0.96

0.96

0.99

0.98

0.97

0.98

1.11

1.02

1.02

1.04

1.08

1.04

1.04

1.11

1.10

1.09

1.11

1.08

1.07

1.09

1.06

1.11 1.11 1.12 1.11

1.10

1.13

1.13 1.18

1.23

1.22

1.17 1.20

1.23

1.28

1.29 1.32

1000 above

0.97

0.98

0.99

1.00

0.98

0.97

1.01

0.99

0.99

1.01

1.02

1.02

1.02

1.06

1.06

1.08

1.09

1.05

1.02

1.04

1.01

1.04 1.02 1.03 1.03

1.05

1.10

1.08 1.15

1.18

1.21

1.20 1.17

1.20

1.23

1.23 1.26

500 to 749

0.98

0.94

1.13

1.01

0.99

1.08

1.01

1.00

0.97

1.00

1.01

1.06

1.01

1.02

1.07

1.06

1.03

1.05

1.08

1.00

1.19

1.05 1.16 1.20 1.21

1.21

1.23

1.18 1.20

1.20

1.18

1.19 1.24

1.39

1.37

1.39 1.40

750 to 999

1.14

1.09

1.12

1.12

1.10

1.09

1.08

1.08

1.06

1.11

1.09

1.15

1.12

1.14

1.15

1.11

1.07

1.05

1.11

1.08

1.12

1.14 1.16 1.16 1.17

1.14

1.18

1.14 1.18

1.18

1.18

1.25 1.24

1.28

1.30

1.32 1.33
1.20 1.23

499 below

1000 above

1.08

1.02

1.06

1.05

1.03

1.06

1.02

1.00

1.00

1.02

1.01

1.01

1.01

1.03

1.03

1.00

1.00

1.00

1.05

1.01

1.06

1.08 1.10 1.08 1.09

1.09

1.12

1.12 1.11

1.15

1.14

1.17 1.16

1.24

1.21

499 below

1.08

1.05

1.04

1.07

1.13

1.10

1.11

0.99

0.99

0.98

0.99

1.08

0.99

1.37

1.41

1.40

1.41

1.39

1.36

1.40

1.24

1.21 1.07 1.08 1.16

1.18

1.24

1.19 1.17

1.51

1.21

1.52 1.32

1.35

1.41

1.58 1.71

500 to 749

1.02

1.04

1.05

1.03

1.03

1.06

1.05

1.05

1.02

1.02

1.02

1.06

1.02

1.04

1.05

1.02

1.03

1.03

1.03

1.02

1.03

1.04 1.05 1.06 1.07

1.08

1.11

1.11 1.13

1.16

1.21

1.18 1.21

1.24

1.29

1.28 1.29

750 to 999

0.93

0.95

0.94

0.95

0.94

0.94

0.95

0.95

0.91

0.93

0.94

0.96

0.95

0.97

1.00

0.96

0.96

0.97

0.98

1.05

0.97

0.99 1.01 0.99 1.00

1.00

1.03

1.03 1.05

1.08

1.11

1.10 1.13

1.15

1.21

1.17 1.19

1000 above

0.91

0.91

0.91

0.92

0.89

0.91

0.94

0.96

0.91

0.90

0.90

0.89

0.91

0.96

0.97

0.94

0.93

0.91

0.93

0.94

0.93

0.94 0.96 0.94 0.95

0.97

0.99

0.97 0.99

1.01

1.04

1.07 1.07

1.14

1.14

1.11 1.16

499 below

1.32

1.11

1.11

1.15

1.17

1.20

1.25

1.23

1.26

1.22

1.25

1.28

1.23

1.30

1.30

1.33

1.32

1.32

1.35

1.42

1.40

1.41 1.40 1.36 1.34

1.38

1.41

1.46 1.47

1.52

1.55

1.53 1.55

1.60

1.59

1.65 1.69

500 to 749

1.01

1.01

1.02

1.02

1.01

1.03

1.05

1.03

1.02

1.05

1.06

1.07

1.07

1.09

1.08

1.07

1.08

1.06

1.07

1.06

1.09

1.09 1.10 1.10 1.11

1.10

1.14

1.14 1.17

1.18

1.20

1.17 1.20

1.22

1.27

1.29 1.32

750 to 999

0.97

0.97

0.98

0.99

0.98

0.98

1.01

0.98

0.97

0.99

0.99

1.00

1.00

1.03

1.03

1.02

1.01

1.00

1.02

1.01

1.02

1.04 1.06 1.06 1.06

1.05

1.08

1.07 1.10

1.12

1.13

1.12 1.14

1.18

1.22

1.22 1.25

1000 above

0.97

0.97

0.98

0.98

0.96

0.96

0.98

0.98

0.96

1.00

0.97

0.97

0.97

1.00

1.00

1.00

0.98

0.97

0.98

0.96

0.97

1.01 1.01 1.01 1.01

1.03

1.04

1.04 1.07

1.10

1.11

1.11 1.11

1.16

1.18

1.16 1.19

Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" due to concessions, discounts, model, delinquents and bad debts.

II-20

2nd

3rd

4th

Rental Losses from

Discounts/Concessions, Models, Delinquents, and Bad Debts
(In Percent)
Average Rent Minus Rental Losses Equals Effective Rent
2005
Building Type

2006

1st

2nd

3rd

4th

1st

Up to 8

6.5

2.4

9 - 50

2.3

2.8

51 - 99

5.4

3.6

3.5

4.3

2.6

1.3

-7.1

6.8

4.7

7.3

7.4

100 - 199

10.0

9.6

11.1

13.6

200 to 349

15.1

18.5

19.7

350 up

19.9

17.3

20.3

2007

2nd

3rd

4th

1st

2nd

1.2

4.1

0.3

6.6

3.3

5.2

2.1

3.5

11.0 13.2

5.7

4.8

6.8

13.4

14.0 14.7 13.9

18.2

19.0

20.5

17.9

2008
3rd

4th

1st

2009

2010

2nd

3rd

4th

1st

2nd

3rd

4th

22.2

1.2 15.3 13.9 16.6

3.9

7.1

26.9

8.0

24.2

13.8

4.9 11.6

8.2 12.1

1.7

4.3

3.6 10.7

13.7

7.9

5.0

5.9 11.2

5.6

6.8

5.3

5.0

13.3

12.2

11.1

11.5 13.5

8.5

8.2

13.0

7.4

3.6

5.9

7.3

20.1 17.0 16.2

14.1

13.7 14.3 11.0 11.8 14.3

12.9 10.0

10.3

9.1

18.6 17.9 17.7

18.4

11.3

13.3

6.6

7.0

2011

2012

2013

2014

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

6.4

3.4

9.9

4.7

2.1

3.8

5.2

4.2

5.2

4.6

0.1

5.5

2.4

2.4

2.7

6.4

-2.1

2.9

26.5

-8.5

4.8

7.3

3.8

5.0

4.2

8.1

8.9

3.9

4.2

6.0

3.2

4.9

4.2

4.9

4.4

5.2

4.9

4.9

5.7

6.5

4.7

5.9

7.3

8.2

5.2

3.2

1.1

6.5

3.5

2.4 10.2

3.4

2.4

5.1

5.4

6.7

10.4 10.4 10.8

13.0

8.0

10.3

7.8

7.7

5.5

4.3

4.2

5.6

8.5

8.7

6.9

11.3

9.9

14.4 10.5 10.3

10.9

9.0

9.0

8.4

9.8

8.9

7.7

8.2

9.2 11.6

6.1

7.4

13.4

9.0

11.5 11.2

15.5

9.8

12.6

12.9

8.4 10.8

11.0

11.9

9.7

5.6

10.9

6.1

4.6

3.8

9.6

Size

8.7

9.7 10.9 11.0 10.4

9.1

8.7

-3.1 10.5

10.5

7.0

4.5

4.7

6.5

Age
To 1959

2.4

2.0

1960-69

2.8

6.5

5.8

5.8

9.4

1970-79

9.4

5.6

12.5

5.5

11.4

12.5

1980-89

8.7

15.1

18.7

14.3

12.6

1990-99

13.8

18.6

20.0

17.1

18.9

2000-04

19.0

23.8

21.2

24.5
16.0

2005 up

10.2

9.5

6.7

7.2

14.2 10.9

6.0

1.9

16.5 13.6 12.0

6.8

10.6

6.5

10.8 12.1

9.2

6.6

5.8

8.4

1.4

16.2 16.9 16.4

13.6

17.7 17.3 15.4

18.2

22.7

20.7 19.2 19.2

18.5

13.3 12.0 11.4 10.5 12.6

18.0

10.7 21.0 16.9

-5.4

23.0 17.6

15.3 10.6 12.8 15.5 15.5

7.8 10.0 10.9

2.8

5.2

2.9

3.1

8.5

4.9

4.4

4.2

4.6

6.2

6.6

8.2

5.4 10.5

10.4

8.6

16.9

4.2

7.7

9.6

6.5

9.4

7.9

5.7

6.6

5.6

3.0

4.6

5.6

5.6

2.9

5.7

7.5

4.5

9.3

14.8 11.1

8.3

9.2

10.4

8.3

5.6

10.7

9.4

9.1 11.2

5.9 17.7

6.9

5.1

6.7

9.7

6.9

6.7

9.6

13.2

9.8

7.9

13.7

11.7

8.5 12.2

9.1

7.8

9.8

6.4

7.7

7.7

6.1

7.0

6.2

8.0

3.3

7.3

7.7

12.3

8.6

7.5

11.1

9.2

8.1

8.4

9.7

10.5

7.2

7.1

8.1

7.3

7.0

7.4

8.8

16.7

10.5

13.6 11.7

14.6 11.1 11.1

11.9

11.5

10.1 10.8

9.7

11.7

6.9

5.5

12.2

6.0

14.1

6.8

18.6 12.2

18.0

17.5

22.7 15.5

22.0 11.2 18.9

18.6

9.4

9.0

13.1

8.4

2.8

5.8

10.5

7.9

3.2

6.7

10.4 14.2

12.4 10.7

6.5

8.4

12.2 12.2 10.8 10.8 12.2

14.3

9.1

7.9

11.1 12.0 12.0

11.5 11.2

3.5
7.6

7.3

9.7

7.7

4.2 34.1

8.7

8.3

32.9

8.1

5.0

2.7

5.7

11.9

8.9

4.2

4.8

5.9

5.3 12.8

County
Adams

13.6

17.6

15.5

15.5

16.7

18.1 18.1 14.7

14.7

16.2 12.6 12.6 12.0 12.5

11.8 11.1

7.1 11.8

10.4

8.3

12.4 11.9

14.6 10.4 10.6

13.8

14.5

10.8

8.1

5.5

5.7

7.9

7.2

14.4

4.2

Arapahoe

15.3

16.7

17.9

14.5

14.6

16.1 15.8 17.1

12.1

13.3 13.3 10.7 12.0 15.4

12.5 10.8

9.5

7.4

10.8

9.9

11.6 11.4

17.1 12.4

8.9

11.7

10.4

8.8

8.7

11.0

11.4

8.3

8.2

10.2

8.0

4.8

6.0

Boulder/Broomfield

25.1

11.9

17.8

19.8

18.2

22.6 19.5 17.3

17.6

12.3 10.5

9.5

8.7

7.0

7.7

5.5

4.0

7.2

8.3

5.3

3.9

7.5

5.6 13.7

12.3

5.3

8.0

6.4

6.1

6.3

2.5

8.3

7.9

7.6

6.2

7.3

Denver

12.3

13.3

17.9

15.0

16.5

18.8 16.8 14.6

13.6

10.8 10.6

7.9 11.6

9.8

15.4

7.4

10.2

8.9

13.8

9.2

7.7

9.7

13.3 10.4 10.6

12.3

10.3

9.2

7.7

8.3

7.8

9.5

7.2

6.1 10.9

6.9

9.5

Douglas

20.6

25.8

22.6

26.7

22.8

26.1 17.4 19.0

18.9

16.7 13.9 11.1

9.9

16.4 11.2

8.5

Jefferson

8.9

10.6

11.8

14.7

12.4

9.4 12.9 10.5

14.6

7.8 10.7 11.6

Average

15.0

15.4

17.3

16.7

16.4

17.1 16.3 15.3

14.3

8.4

7.2

8.7

7.8

12.3

9.0

11.5

5.3

13.4

6.5

9.3

9.1

11.7

9.2

8.6

13.5

15.7

9.5

7.1

7.2

13.3

8.3 11.2

7.8

6.8

3.5

4.6

8.1

8.1

8.3

6.4

8.9

6.4

5.6

7.7

7.8

6.7

8.6

7.6

8.7

4.8

4.9

7.4 10.4

7.5

4.3

12.3 12.0 10.5 10.7 12.1

12.3

9.1

7.8

7.9

10.8

8.7

9.7

9.6

13.6

9.8

9.5

11.4

10.4

8.8

9.1

9.7

9.6

7.4

7.2

8.9

7.7

6.9

II-21

14.6

8.8

2nd

3rd

4th

Economic Vacancy Rates by Size, Age and County

Defined as Physcial Vacancy Plus Concessions and Writeoffs
as a Percentage of Gross Potential Rent
(In Percent)
Building
Type

2005
1st

2nd

3rd

2006

2007

4th

1st

2nd

3rd

4th

1st

2nd

3rd

Up to 6

17.5 12.8 10.0 11.9

8.1

9.5

9.8

4.0 11.0 29.5

9 - 50

12.9 12.9 11.6

51 - 99

15.2 11.5 13.3 15.5 14.3 18.6 20.8 14.4 11.2 13.0 13.3

2008
4th

1st

2nd

3rd

2009
4th

1st

2nd

3rd

2010
4th

1st

2nd

2012

2011
3rd

4th

1st

2nd

3rd

2013

2014

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

3.5

Size (in units)

5.7 21.3 18.7 21.4

9.8 14.3 33.2 12.9 31.3 11.3

8.0

14.1

8.4

5.1

6.6

9.7

8.0

6.7

6.7

3.8

8.8

5.0

5.5

4.7

8.6

1.6

9.7 10.6 20.7 11.8 17.0 13.3 17.6

7.8 11.7 10.3 20.1 20.7 35.7

-1.9

11.9

12.8

8.3

8.7

7.9

11.4

12.1

6.4

7.6

8.3

6.6

7.8

7.3

7.9

7.8

8.3

9.8 12.8 16.6 11.9 13.3 11.7 13.3 20.3 21.5

12.8

12.4

11.6

12.0

9.2

10.9

11.0

11.6

8.4

7.9

4.9

9.8

6.2

7.4 14.4

7.2

7.7

100 - 199

18.2 17.7 18.2 19.7 20.5 20.8 21.6 20.9 18.9 17.4 18.8 13.8 13.1 14.0 18.2 14.5 11.4 13.1 14.6 12.4

12.7

13.6

16.0

15.9

15.9

17.5

12.9

15.1

11.7

12.0

9.3

0.7

14.2

8.0

9.7

13.4

200 to 349

24.5 26.3 26.7 25.9 26.4 26.5 23.3 23.1 21.2 20.0 19.6 17.0 17.7 20.5 19.8 18.4 19.4 17.5 16.5 13.9

17.2

15.4

19.0

15.7

15.6

15.2

13.4

13.8

13.0

14.3

12.9

13.3

13.2

13.3 15.9

11.7

13.6

350 up

29.3 25.3 28.7 29.0 25.5 26.0 25.1 24.5 25.3 17.3 14.9 17.5 17.3 17.0 19.8 17.0 14.9 17.3 20.5 17.2

18.2

17.4

21.3

15.8

14.9

18.2

18.5

14.9

16.7

16.3

16.8

14.6

10.4

14.9 12.0

16.2

10.5

To 1959

10.2

8.5 12.5 11.3 10.9 14.8 11.1

10.2

10.4

9.2

7.2

8.7

5.9

8.2

14.1

6.4

8.5

8.3

7.1

8.5

8.3

8.6

8.7

19.7

1960-69

11.5 15.4 16.3 14.1 16.0 22.2 21.0 12.5

8.1 20.9 16.2 17.9 21.5 21.0 11.7 14.8 12.2 18.2 18.7 17.1

23.9

10.4

15.3

12.6

14.8

11.4

13.3

11.9

8.7

10.6

8.6

6.3

8.6

10.4

9.5

9.9

7.7

1970-79

18.6 15.9 22.8 21.0 21.1 25.0 21.7 19.3 18.1 17.4 17.9 14.6 15.8 16.8 19.3 18.8 15.0 19.6 14.7 16.9

12.4

16.9

20.1

16.9

14.1

14.1

15.9

14.3

10.9

16.3

13.8

13.8

15.3

10.3 21.9

11.5

9.6

3.0 14.1 10.5 11.5

8.1

Age (year built)

8.8 13.3 18.5 17.7 14.0 14.5 11.7 12.8 15.3 12.8 11.4 13.0

7.2

1980-89

19.2 22.0 25.2 21.0 18.8 22.5 22.7 23.2 20.9 18.3 17.1 16.7 16.3 18.2 20.6 16.2 15.0 14.1 15.6 13.2

12.6

14.6

17.6

14.5

12.4

18.2

16.4

14.3

17.6

14.0

12.5

14.9

10.0

11.7 12.0

11.0

10.8

1990-99

21.4 26.0 25.9 24.2 25.5 23.3 22.2 22.0 24.4 16.7 17.3 18.0 15.7 13.9 17.1 18.8 10.8 12.4 13.9

11.9

12.3

16.3

13.2

12.1

15.6

13.9

13.2

13.3

14.3

14.6

12.1

11.3

12.1 12.4

12.0

11.4

2000-04

27.4 30.9 28.0 31.8 30.3 27.4 25.0 26.3 25.3 19.4 16.9 17.4 16.3 19.0 14.9 15.4 15.8 16.3 22.1 16.3

18.5

16.8

18.7

15.7

16.1

15.8

15.4

15.0

15.2

13.8

15.7

11.5

10.3

15.9

9.5

18.7

10.8

2005 up

40.8 32.1 28.4 43.7 30.8 15.7 37.4 28.4 14.5 27.0 46.8 50.2 27.2 44.5 38.2 38.0 34.6

36.2

26.5

35.1

23.9

31.4

27.5

17.4

16.7

14.9

18.1

13.6

10.7

15.9

16.1 14.3

12.7

19.6

9.8

County
Adams

24.2 26.4 23.2 23.6 23.6 24.3 24.5 22.0 22.5 22.6 18.5 20.0 18.5 19.3 19.3 19.9 15.5 20.3 17.1 14.6

19.2

17.1

19.1

16.2

16.1

19.0

19.9

15.6

18.7

15.7

12.3

10.0

10.8

11.7 12.9

19.7

8.9

Arapahoe

24.2 24.1 24.7 21.9 21.6 23.0 22.6 24.5 19.9 19.5 18.3 16.7 18.4 21.3 19.5 19.1 19.2 18.1 19.3 18.5

18.8

17.8

23.8

19.0

15.3

17.2

16.0

15.6

15.0

16.6

16.2

13.3

12.4

14.7 12.7

9.9

10.4

Boulder/Broomfield

36.2 20.6 25.5 27.0 25.1 29.7 24.3 22.8 22.3 16.4 14.1 14.9 14.3 13.4 12.4 11.6 10.0 14.4 13.8 11.1

8.9

12.4

10.7

9.2

18.6

16.9

10.0

12.4

10.3

9.8

9.3

6.2

11.5

11.7 10.4

9.6

14.0

Denver

21.5 22.1 27.5 23.7 24.3 26.4 24.1 21.5 20.8 16.9 16.3 13.4 16.7 15.5 21.4 15.4 18.7 18.7 22.2 18.0

14.6

17.1

18.6

15.6

15.5

16.5

14.6

14.0

11.9

13.1

12.1

15.6

12.6

10.7 15.5

13.0

16.3

Douglas

29.0 32.2 30.1 34.8 31.0 31.8 23.8 26.0 25.3 22.6 19.4 18.1 14.5 18.2 22.3 18.6 15.8 13.6 16.6 14.4

16.0

9.2

17.8

11.7

14.7

12.8

15.5

13.8

13.5

17.4

19.9

13.7

13.6

17.5 10.7

18.3

12.2

Jefferson

17.4 18.6 18.6 22.3 19.9 16.7 20.2 17.1 20.9 15.2 16.1 17.6 13.9 17.2 14.3 14.1 11.1 11.8 14.4 15.4

14.1

11.9

12.8

10.9

10.3

12.3

12.2

11.0

12.4

11.5

12.4

9.0

8.6

11.1 14.0

12.1

7.7

Average

24.3 23.5 24.9 24.6 23.7 24.1 23.1 22.3 21.4 18.5 17.3 16.6 16.6 18.3 18.8 17.0 16.3 16.9 18.2 16.4

16.2

15.7

18.9

15.4

15.0

16.2

15.3

14.3

14.0

14.5

13.8

12.3

11.8

13.0 13.2

12.9

12.0

II-22

2nd

3rd

4th

Average Rents for the Metropolitan Area

(in dollars)

Efficency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

793.18

858.89

957.70

1170.24

1402.53

1095.44

988.48

Arapahoe

702.83

891.19

954.51

1199.19

1452.84

1355.00

1026.03

1048.55

1070.57

1155.58

1428.48

1644.45

1283.69

1227.76

Boulder/Broomfield
Denver

920.81

995.39

1011.01

1404.81

1473.50

955.49

1092.97

Douglas

865.00

1077.89

1244.15

1404.82

1686.15

1928.00

1261.71

Jefferson

718.97

910.86

943.07

1205.68

1334.54

1280.62

1032.66

Metro Average

870.47

944.58

1003.96

1275.91

1473.59

1198.75

1073.63

Aurora-North

872.50

939.17

894.00

1290.65

1581.14

0.00

997.84

Commerce City

500.00

845.05

952.87

1130.59

1387.77

Northglenn/Thornton

742.11

885.86

1022.14

1205.82

1396.73

1115.00

1045.08

Westminster

766.52

820.03

917.54

1114.10

1400.63

By Market Area
Adams County
981.97
924.89

Arapahoe County
Arapahoe County - South

1063.93

1099.59

1115.95

1331.13

1679.87

1466.17

1245.52

Arapahoe County - Southeast

1115.00

1170.22

1344.10

1495.01

1772.72

1824.00

1337.31

Aurora - Central Northeast

547.84

773.47

895.03

1114.46

1383.82

Aurora - Central Northwest

687.09

881.62

945.10

1203.12

1407.78

1265.00

1033.68

Aurora - Central Southeast

680.00

806.47

889.97

1039.82

1428.33

1624.29

928.21

Aurora - Central Southwest

584.76

801.74

886.16

1065.32

1107.10

850.00

912.39

Aurora - South

697.80

866.44

966.22

1154.88

1511.19

1276.18

1013.81

Englewood, Sheridan

620.00

885.26

1038.16

1294.88

1549.22

Glendale

686.48

864.76

923.77

1271.61

1854.62

1175.00

950.27

Littleton

709.33

1020.43

1091.04

1384.57

1759.82

1215.00

1161.75

899.92

1032.22

Boulder/Broomfield Counties
Boulder County - Other

1000.00

1093.59

1240.79

1402.44

1703.52

1575.00

1286.88

Broomfield

1040.16

1060.43

1060.89

1440.06

1581.06

1539.71

1208.31

City of Boulder - Except University

1441.20

1374.68

1325.07

1189.37

1255.47

1804.07

1964.19

City of Boulder - University Area

805.00

1024.23

1414.29

1545.63

2650.00

Longmont

865.07

971.16

1086.75

1216.49

1369.01

1126.98
1112.50

1092.57

Denver City/County
Denver - Central

741.42

1020.83

1233.85

1562.86

1637.00

1485.00

1056.15

1253.13

1447.70

1490.35

1855.80

2335.78

1327.54

1557.17

Denver - East Central

730.15

923.41

1028.72

1381.05

1671.16

Denver - Far Southeast

745.86

843.51

911.04

1123.66

1269.63

Denver - North Central

694.82

1399.48

1212.50

2106.20

2202.16
1342.81

Denver - Downtown

Denver - Northeast

642.47

823.80

814.76

1161.46

Denver - Northwest

1227.31

1293.71

1206.68

2009.37

Denver - South Central

1122.89
1165.75

931.18
1499.26

1012.50

925.45

701.45

1323.87

1146.32

1098.83

1492.00

2043.06

1023.37

850.36

1265.65

Denver - Southeast

621.83

771.28

906.18

997.78

1243.80

965.00

849.10

Denver - Southwest

571.36

862.37

1030.29

1208.09

2435.00

Denver - West Central

639.24

676.14

759.69

2060.00

898.25

945.32

1102.28

1189.53

1539.97

865.00

1096.39

1270.42

1438.58

1726.46

1928.00
1427.40

982.70
766.00

711.90

Douglas County
Castle Rock
Douglas County - North

1122.32
1283.89

Jefferson County
Arvada

892.75

886.66

887.48

1227.94

1193.63

Golden

511.25

1035.64

900.56

1226.49

1186.96

Lakewood - North

553.08

826.39

874.47

1325.72

1005.70

1486.14

994.72

Lakewood - South

722.31

939.28

1045.78

1204.49

1498.57

1172.05

1082.60

Wheat Ridge

712.46

751.80

859.17

795.17

1129.27

781.50

821.08

II-23

978.78
1112.04

Average Rents for the Metropolitan Area - Buildings with up to Six Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams
Arapahoe

585.60

717.13

898.00

Boulder/Broomfield

500.00

777.50

1020.00

1051.67

1092.00

1450.00

734.19

Denver

513.89

774.83

863.80

Jefferson

450.00

692.69

816.69

Metro Average

498.08

715.06

812.00

974.83

1113.59

844.00

846.00

898.00

1098.00

913.67

1052.50

1052.50

1165.00

689.17

872.19
1067.50

472.50

789.30

Douglas
1165.43

811.76
798.33

789.15

By Market Area
Adams County
Aurora-North
Commerce City
Northglenn/Thornton
Westminster
Arapahoe County
Arapahoe County - South
Arapahoe County - Southeast
Aurora - Central Northeast
Aurora - Central Northwest
Aurora - Central Southeast
Aurora - Central Southwest
Aurora - South
Englewood, Sheridan

548.33

662.50

572.27

716.19

821.25

967.50

Glendale
Littleton

1450.00

690.45

Boulder/Broomfield Counties
Boulder County - Other

870.00

Broomfield
City of Boulder - Except University

781.67

1051.67

916.67

City of Boulder - University Area

Longmont

500.00

590.00

1072.50

550.00

718.93

988.57

808.75

Denver City/County
Denver - Central

1155.00

828.85

Denver - Downtown
Denver - East Central
Denver - Far Southeast

793.75

793.75

525.00

525.00

Denver - North Central

Denver - Northeast
Denver - Northwest

635.00
375.00

Denver - South Central

1050.00

842.50

638.75

774.00

445.00

694.69

953.57

1000.00

500.00

925.00

Denver - Southeast
Denver - Southwest
Denver - West Central

825.00

945.00

865.00

Douglas County
Castle Rock
Douglas County - North
Jefferson County
Arvada
Golden

450.00

631.67

807.14

776.67

945.00

Lakewood - North

754.50
764.09

721.88

1198.00

925.93

832.00

970.00

786.70

Lakewood - South
Wheat Ridge

682.86

II-24

Average Rents for the Metropolitan Area - Buildings with Seven to Thirty-Six Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

500.00

758.07

871.57

1169.00

954.80

Arapahoe

610.89

628.12

752.36

1010.81

1092.08

855.36

Boulder/Broomfield

696.67

862.04

1406.43

1415.96

1670.00

Denver

644.98

877.26

1118.98

1192.85

1135.43

1579.60

908.12

Jefferson

597.86

679.58

751.32

866.50

926.33

1003.33

755.51

Metro Average

641.85

836.63

941.89

1152.79

1120.06

1297.06

878.78

650.00

775.00

804.00

939.25

1169.00

968.50

907.42

700.00

825.00

900.00

768.75

786.67

916.67

851.67

1116.00

1237.00

1110.33

1175.83

742.34
1082.03

Douglas

By Market Area
Adams County
Aurora-North
Commerce City

500.00

Northglenn/Thornton

725.00

Westminster
Arapahoe County
Arapahoe County - South
Arapahoe County - Southeast
Aurora - Central Northeast
Aurora - Central Northwest

892.00

Aurora - Central Southeast

Aurora - Central Southwest
Aurora - South
Englewood, Sheridan

552.23

718.00

Glendale

617.57

694.52

766.03

Littleton

587.50

722.42

660.31

570.05
1275.00
966.18

739.26
1175.83

798.11

Boulder/Broomfield Counties
Boulder County - Other
Broomfield

700.00

850.00

935.33

1170.00

1190.00

2100.00

992.96

1027.14

1700.00

1545.63

2650.00

1431.22

560.00

685.09

785.00

880.63

873.33

723.07

Denver - Central

637.60

885.75

1146.62

1211.63

1207.14

911.54

Denver - Downtown

650.00

875.00

Denver - East Central

515.00

910.91

City of Boulder - Except University

970.00

City of Boulder - University Area

Longmont

721.43

Denver City/County

Denver - Far Southeast

Denver - North Central

694.82

950.00

839.00
896.06

730.00

825.00

971.28

1212.50

799.09
1147.00

889.25

Denver - Northeast
Denver - Northwest
Denver - South Central

897.31

1099.55

1160.48

722.53

825.89

1026.88

1500.00

390.53

686.88

1075.45
1350.00

2800.00

979.48

800.00

885.00

766.00

761.72

937.00

Denver - Southeast
Denver - Southwest
Denver - West Central

700.00

591.44

Douglas County
Castle Rock
Douglas County - North
Jefferson County
650.00

738.36

Golden

Arvada
695.00

769.67

845.00

Lakewood - North

585.00

676.78

720.87

858.67

689.09

797.73

870.00

646.71

786.64

900.00

Lakewood - South
Wheat Ridge

575.00

II-25

771.71
781.00

945.00

922.50
1068.00

785.00

725.06
851.70
727.39

Average Rents for the Metropolitan Area - Buildings with Thirty-Seven and Above Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

797.64

859.27

958.35

1170.24

1405.69

1095.44

989.05

Arapahoe

703.96

893.66

960.37

1199.83

1456.48

1358.52

1028.82

1055.29

1077.32

1151.96

1429.01

1644.11

1283.69

1231.38

Denver

954.60

1008.56

1004.10

1407.84

1482.80

885.53

1108.37

Douglas

865.00

1077.89

1244.15

1404.82

1686.15

1928.00

1261.71

Jefferson

726.70

919.24

960.87

1209.51

1341.67

1311.52

1044.12

Metro Average

889.61

948.86

1007.26

1276.80

1478.28

1193.05

1079.67

872.50

941.68

899.58

1290.65

1581.14

0.00

1001.24

847.75

954.39

1128.43

1430.77
1115.00

1045.53

Boulder/Broomfield

By Market Area
Adams County
Aurora-North
Commerce City
Northglenn/Thornton

742.11

886.19

1022.99

1205.82

1397.67

Westminster

766.52

820.03

917.54

1114.10

1400.63

987.92
924.89

Arapahoe County
Arapahoe County - South

1063.93

1099.59

1115.95

1333.93

1719.34

1466.17

1247.35

Arapahoe County - Southeast

1115.00

1170.22

1344.10

1495.01

1772.72

1824.00

1337.31

Aurora - Central Northeast

547.84

773.47

895.03

1114.46

1383.82

Aurora - Central Northwest

687.09

881.63

945.91

1204.69

1413.88

1265.00

1033.33

Aurora - Central Southeast

680.00

806.47

889.97

1039.82

1432.27

1624.29

928.16

Aurora - Central Southwest

584.76

801.74

886.16

1065.32

1107.10

850.00

912.39

Aurora - South

697.80

866.44

966.22

1154.88

1511.19

1276.18

1013.81

Englewood, Sheridan

620.00

905.89

1047.31

1294.88

1557.95

Glendale

690.41

869.97

955.88

1271.61

1870.72

Littleton

714.20

1037.36

1190.13

1396.62

1759.82

899.92

1049.49
1175.00

962.01
1186.55

Boulder/Broomfield Counties
Boulder County - Other

1000.00

1095.03

1243.47

1402.44

1703.52

1575.00

1288.09

Broomfield

1040.16

1061.58

1061.21

1440.06

1581.06

1539.71

1209.14

City of Boulder - Except University

1816.09

1962.33

1441.20

1389.79

1329.80

1209.40

1256.57

City of Boulder - University Area

805.00

1023.90

1300.00

Longmont

880.31

987.58

1090.31

1042.58
1220.39

1384.18

1112.50

1103.80

Denver City/County
Denver - Central

768.44

1121.68

1304.64

1604.18

2042.00

1485.00

1138.24

1264.03

1452.22

1490.35

1866.49

2335.78

1327.54

1564.65

Denver - East Central

757.04

924.93

1028.72

1381.05

1671.16

Denver - Far Southeast

749.81

843.61

911.78

1123.66

1269.63

2106.20

2400.00
1344.47

Denver - Downtown

Denver - North Central

1499.35

Denver - Northeast

642.47

823.80

815.04

1161.46

Denver - Northwest

1240.63

1317.63

1365.81

2414.52

Denver - South Central

1132.47
1165.75

931.76
1694.36

1012.50

925.50

710.00

1371.35

1247.23

1188.22

1539.88

2076.56

1019.70

679.00

1321.02

Denver - Southeast

621.83

771.28

906.18

997.78

1243.80

965.00

849.10

Denver - Southwest

631.63

868.81

1030.29

1208.09

2435.00

993.57

Denver - West Central

639.24

674.51

755.24

2060.00

887.50

703.01

945.32

1102.28

1189.53

1539.97

865.00

1096.39

1270.42

1438.58

1726.46

1928.00

888.36

895.25

1227.94

1203.45

1427.40

1226.49

1186.96

Douglas County
Castle Rock
Douglas County - North

1122.32
1283.89

Jefferson County
Arvada

892.75

Golden

1044.49

984.77
1122.88

Lakewood - North

549.09

853.04

927.59

1352.67

982.00

1544.70

1041.82

Lakewood - South

722.31

941.09

1051.06

1207.72

1498.57

1193.07

1085.43

Wheat Ridge

716.90

760.88

870.41

794.19

1134.26

781.50

828.60

II-26

Average Rents for the Metropolitan Area - Buildings with Five Stories and Above
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

595.00

694.27

945.00

888.75

1045.00

0.00

788.01

Arapahoe

737.79

962.93

953.91

1388.89

2530.82

1500.82

1067.17

1689.00

2300.00

1705.52

1293.22

952.16

Boulder/Broomfield
Denver

1200.00
1028.29

1317.87

1312.39

1666.38
1370.87

Douglas
Jefferson
Metro Average

1019.94

1294.14

1154.17

994.52

1178.22

1184.04

1594.58

1454.77

1046.73

1272.66

595.00

673.00

945.00

875.00

1045.00

0.00

818.13

By Market Area
Adams County
Aurora-North
Commerce City
Northglenn/Thornton
Westminster

699.00

897.00

769.71

Arapahoe County
Arapahoe County - South

1098.00

Arapahoe County - Southeast

1572.00

1885.00

2650.00

1500.00

2100.00

3000.00

1623.00

1728.68

1627.79

1637.00

1933.00

1460.40

Aurora - Central Northeast

Aurora - Central Northwest
Aurora - Central Southeast
Aurora - Central Southwest

1257.00

Aurora - South

826.58

974.00

1084.49

940.46

1049.34

911.29

Englewood, Sheridan
Glendale

712.09

801.59

Littleton

538.00

788.00

938.00

1200.00

1689.00

1175.00

849.53
810.20

Boulder/Broomfield Counties
Boulder County - Other
Broomfield
City of Boulder - Except University

2300.00

1666.38

City of Boulder - University Area

Longmont
Denver City/County
Denver - Central
Denver - Downtown

857.35

1187.83

1267.71

1555.61

1835.00

1485.00

1228.77

1284.51

1478.61

1497.13

1880.60

2237.00

1327.54

1596.18

1475.00

1119.85

Denver - East Central

500.00

650.00

700.00

725.00

900.00

Denver - Far Southeast

983.08

1052.09

1431.00

1107.62

1350.00

2106.20

2400.00

Denver - Northeast

Denver - North Central

562.50

1499.35
587.50

662.50

687.50

962.50

Denver - Northwest

1347.22

1702.39

2034.15

2433.47

Denver - South Central

2146.11

1381.14

1468.00

1970.99

Denver - Southeast

612.50

737.50

837.50

Denver - Southwest

595.00

769.00

837.00

Denver - West Central

663.00

773.00

1008.00

683.54
1694.36
1012.50

649.43
1756.19

1019.70
1012.50

852.14

1517.48
773.33
720.56

2060.00

756.10

1869.48

2321.63

2110.62

901.00

1118.00

1005.76

Douglas County
Castle Rock
Douglas County - North
Jefferson County
Arvada
Golden
Lakewood - North
Lakewood - South
Wheat Ridge

II-27

Median Rents by Apartment Type by County

(in dollars)

Metro Average

Jefferson

Douglas

Denver

Boulder/ Broomfield

Arapahoe

Adams

County
2008
2009
2010
Apartment Type
1st
2nd
3rd
4th
1st
2nd
3rd
4th
1st
2nd
3rd
Efficency
663.36 729.95 728.63 512.76 521.40 514.20 493.62 629.64 493.45 595.20 686.00
1 Bed
695.61 741.40 752.27 735.45 714.80 712.92 698.05 708.81 721.02 745.48 783.20
2 Bed, 1 Bath
790.21 796.14 821.64 790.32 781.20 772.57 768.97 764.09 839.67 811.42 880.89
2 Bed, 2 Bath
938.80 990.08 971.09 970.45 970.46 977.07 933.63 935.27 985.21 971.53 989.41
3 Bed
1195.71 1220.91 1299.10 1219.00 1263.30 1263.95 1144.13 1091.43 1134.00 1164.66 1207.00
Other
979.20 966.40 933.00 1081.45 825.00 796.69 792.40 834.73 835.53 830.00 863.86
All
800.82 860.09 846.85 819.93 804.19 830.88 792.58 791.26 841.34 848.31 880.96
Efficency
522.83 549.66 539.97 506.74 520.67 471.39 508.58 491.69 478.53 505.62 563.55
1 Bed
692.64 702.28 712.16 696.99 698.93 671.26 695.23 682.06 696.61 704.76 714.65
2 Bed, 1 Bath
769.82 799.46 813.51 783.15 774.87 737.18 759.10 755.78 776.51 796.06 804.76
2 Bed, 2 Bath
922.50 926.97 943.52 960.37 939.21 932.95 964.12 912.03 910.27 939.95 968.34
3 Bed
1165.40 1194.58 1194.51 1187.51 1202.94 1211.50 1179.00 1196.42 1182.00 1263.00 1289.50
Other
943.33 992.22 987.78 1012.33 890.44 844.00 892.22 924.33 1126.40 1063.00 1064.17
All
793.42 803.78 813.80 817.00 811.29 766.91 797.97 775.82 804.38 806.11 831.40
Efficency
591.11 782.25 761.20 748.00 703.73 711.21 731.84 694.11 730.69 732.50 730.75
1 Bed
831.50 848.72 929.41 819.20 814.27 837.06 838.45 848.61 876.13 881.92 847.46
2 Bed, 1 Bath
834.40 847.82 864.36 878.08 878.45 860.57 868.03 859.19 852.88 848.26 882.52
2 Bed, 2 Bath 1157.47 1130.67 1158.99 1176.93 1027.71 1040.15 1063.13 1081.09 1084.97 1185.00 1128.96
3 Bed
1190.50 1252.50 1292.55 1276.23 1221.75 1283.62 1268.54 1291.75 1294.50 1319.40 1304.91
Other
796.65 1004.55 1056.08 1038.82 1038.82 1038.82 1038.82 1056.08 1088.82 1095.91 1120.91
All
900.88 939.52 962.40 933.41 908.63 912.98 900.89 898.70 901.77 976.65 952.14
Efficency
585.05 586.95 579.56 567.78 560.87 569.66 583.13 598.60 591.04 604.62 589.58
1 Bed
709.48 712.36 716.15 729.99 717.59 710.60 729.80 714.86 728.44 712.75 731.88
2 Bed, 1 Bath
761.44 801.30 794.22 808.07 813.26 772.78 784.20 745.70 838.18 844.91 828.27
2 Bed, 2 Bath 1017.87 996.59 996.61 1003.89 1015.48 1012.45 965.53 985.72 1010.27 990.80 966.00
3 Bed
1416.45 1394.00 1389.81 1384.29 1249.63 1295.50 1225.00 1218.19 1203.15 1203.47 1213.79
Other
1082.00 1004.00 1000.00 998.29 1063.00 1382.00 917.50 1058.13 1061.29 1068.02 638.75
All
792.76 800.19 808.46 809.75 794.74 785.91 785.26 779.53 801.41 814.14 809.30
Efficency
738.00 663.00 663.00 688.00 738.00 738.00 738.00 563.00 838.00 588.00 750.00
1 Bed
865.20 858.90 848.82 830.38 831.26 828.04 862.26 822.73 864.82 862.86 941.95
2 Bed, 1 Bath
901.53 969.33 991.46 916.67 920.75 872.31 1027.94 924.92 1039.00 1020.53 1090.13
2 Bed, 2 Bath 1116.84 1168.58 1141.68 1088.58 1096.33 1045.20 1126.49 1101.38 1122.12 1194.51 1207.70
3 Bed
1357.65 1351.22 1430.44 1377.22 1287.69 1294.31 1431.09 1366.47 1415.61 1607.57 1606.43
Other
1238.00 1238.00 1238.00 1244.26 1388.00 1542.00
1038.00 1038.00 1038.00
All
941.51 1009.32 1018.39 956.59 981.90 963.78 1015.36 1011.78 1036.39 1024.27 1111.17
Efficency
660.00 524.93 524.16 523.09 521.12 520.75 516.23 522.91 517.02 516.98 529.60
1 Bed
717.96 722.68 729.85 718.27 684.40 694.00 691.44 702.01 698.46 711.34 752.37
2 Bed, 1 Bath
757.63 756.43 768.54 745.31 749.32 757.26 756.89 749.52 776.46 786.35 771.55
2 Bed, 2 Bath
937.69 939.20 958.37 905.91 911.90 881.18 914.68 919.93 926.46 921.66 956.22
3 Bed
1081.94 1080.96 1111.56 1032.26 1033.11 1086.62 1083.50 1083.97 1079.86 1093.17 1130.85
Other
901.41 912.25 911.88 951.90 957.18 941.87 938.69 938.41 940.47 940.71 979.35
All
798.25 783.40 808.45 769.71 776.89 773.87 767.07 780.74 787.94 795.47 828.57
Efficency
584.82 592.10 582.07 566.98 570.29 581.92 588.23 596.64 571.13 579.18 613.21
1 Bed
722.14 735.56 745.89 738.93 724.82 710.88 726.67 711.90 728.63 735.15 749.67
2 Bed, 1 Bath
789.41 809.05 826.45 801.88 804.14 769.97 782.65 769.37 809.55 826.90 838.76
2 Bed, 2 Bath
962.72 980.89 988.95 988.68 966.46 964.30 982.39 963.07 964.45 973.29 992.71
3 Bed
1199.32 1210.45 1268.08 1214.02 1209.31 1216.93 1198.11 1193.86 1162.92 1235.78 1252.71
Other
956.20 980.00 979.97 992.55 942.14 932.00 912.25 947.68 992.85 1045.31 986.29
All
820.85 833.75 841.81 829.24 821.14 808.42 817.09 811.32 836.61 842.70 856.64
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.

4th
676.73
792.03
832.92
1056.45
1312.31
856.05
873.69
519.33
722.67
794.31
997.97
1245.69
1065.33
840.24
760.00
916.29
923.49
1274.69
1324.48
1379.55
993.85
631.86
768.28
818.78
1017.09
1274.74
548.60
834.48
738.00
887.06
1021.08
1184.93
1330.50

1st
702.27
779.40
793.02
1054.66
1301.78
863.63
881.63
554.33
740.45
803.43
1004.74
1276.50
1069.48
849.43
784.38
954.05
978.23
1267.79
1458.50
1494.80
1014.74
662.74
780.53
878.81
1104.38
1307.16
571.27
867.56
738.00
923.88
1153.27
1258.34
1556.00

2012
2nd
3rd
677.27 624.16
793.20 767.72
797.12 808.12
1023.82 1066.03
1302.55 1311.26
797.60 874.60
872.27 870.20
591.89 548.46
777.85 785.29
822.21 823.32
1122.12 1127.86
1348.30 1410.00
1184.89 1211.22
902.88 899.56
809.63 782.72
958.53 948.68
964.20 1038.39
1337.68 1259.27
1417.50 1405.00
921.65 921.65
1038.85 1095.91
693.65 720.82
797.76 824.09
876.38 862.23
1179.63 1093.91
1309.29 1319.95
642.80 693.27
888.95 887.05
788.00 788.00
944.90 912.17
1038.12 1085.51
1220.53 1265.45
1528.73 1530.67

4th
701.75
780.22
795.92
1038.05
1348.67
745.20
854.94
679.69
766.38
808.42
1081.10
1408.33
1182.22
885.48
818.56
959.71
1073.99
1257.63
1344.00
921.54
1080.40
686.98
771.98
809.29
1131.19
1424.24
2008.34
859.14
750.00
1006.37
1161.45
1323.42
1566.27

1043.79 1061.57 1015.33 1071.85 1046.92

541.00 568.29 581.65 634.25 632.53
737.28 724.24 747.63 761.23 767.34
809.40 807.31 772.33 811.44 797.76
924.78 939.75 968.47 1006.82 951.88
1145.26 1131.56 1155.84 1159.13 1166.11
979.35 984.61 939.06 943.29 949.08
823.47 828.82 813.50 837.55 836.43
617.73 614.10 602.36 644.04 635.77
747.91 760.10 759.83 778.94 780.20
830.29 834.19 810.13 858.70 835.18
986.01 997.82 1018.22 1032.43 1031.29
1244.29 1257.54 1277.71 1332.51 1271.46
998.70 989.53 976.16 1023.93 979.81
846.36 858.97 863.37 881.67 870.71

1049.33
655.12
774.56
816.16
991.00
1165.13
835.00
847.52
657.78
789.42
841.84
1057.14
1315.06
980.29
891.85

1053.92
657.82
798.99
822.89
1008.94
1187.11
877.30
877.08
680.71
814.21
854.70
1102.00
1340.94
907.35
916.08

1141.19
588.72
830.30
832.59
1092.83
1165.68
1003.84
902.83
699.90
820.61
834.47
1130.18
1406.18
1122.00
911.12

4th
653.36
765.16
797.46
990.97
1169.86
1201.80
857.15
499.53
716.19
801.30
959.54
1292.50
1062.83
829.84
737.93
840.79
933.47
1159.90
1273.25
1255.40
957.92
592.16
736.69
802.27
977.63
1214.33
523.67
806.79
713.00
898.70
1038.62
1160.00
1514.00

1st
497.49
783.66
844.36
994.69
1271.24
772.84
871.26
531.60
728.56
792.67
984.18
1235.87
1062.17
825.08
736.33
869.68
954.84
1159.27
1319.44
1344.80
961.79
612.51
738.83
794.33
978.63
1213.67
524.67
818.53
713.00
910.71
1041.00
1194.26
1395.54

2011
2nd
3rd
514.25 594.00
786.37 803.36
788.36 865.35
1051.94 1070.68
1255.18 1318.75
851.95 856.54
863.85 886.50
516.17 514.86
717.26 740.27
789.15 795.98
985.32 992.22
1319.84 1341.35
1037.83 1037.83
838.79 844.77
756.13 805.71
887.72 919.34
954.21 920.81
1138.14 1155.16
1336.88 1370.50
1388.82 1288.82
969.13 991.60
630.74 664.63
737.69 746.61
765.12 809.20
984.13 998.38
1196.67 1246.15
523.33 1381.00
800.94 853.34
738.00 788.00
903.17 905.08
1041.10 1130.33
1208.90 1205.62
1537.89 1540.09

II-28

1091.66
656.25
858.65
815.48
1107.92
1278.56
999.25
913.87
706.89
842.59
862.09
1139.03
1359.79
953.47
919.97

1st
732.81
793.75
809.32
1103.39
1396.50
888.15
868.39
580.76
781.08
849.53
1062.30
1372.33
1190.44
891.96
858.80
1005.91
1084.78
1404.73
1375.00
922.58
1088.75
747.69
829.48
848.19
1129.26
1313.90
671.40
890.44
888.00
1008.43
1129.75
1260.79
1565.18
1913.00
1137.94
662.36
855.70
821.21
1091.13
1145.74
907.00
927.45
701.34
844.78
863.38
1130.91
1367.40
947.60
934.82

2013
2nd
3rd
671.40 635.00
812.60 821.52
826.07 845.39
1140.50 1178.69
1388.50 1417.33
942.41 1013.43
897.33 930.56
681.42 640.71
816.84 846.26
868.36 889.87
1113.35 1162.13
1334.40 1418.96
1205.40 1337.78
939.48 946.55
892.22 744.05
1053.17 1075.00
1066.17 1094.46
1471.72 1480.95
1582.75 1589.50
947.69 947.69
1140.87 1171.68
789.88 798.15
839.92 857.19
858.42 894.97
1191.32 1243.51
1384.05 1373.07
671.07 708.60
906.70 933.29
888.00 888.00
1019.86 1073.73
1173.57 1196.54
1388.96 1349.51
1727.50 1577.50
1913.00 1913.00
1184.58 1188.00
697.47 711.01
869.33 916.80
839.43 874.10
1203.04 1228.88
1237.68 1343.44
1024.20 1020.71
960.76 996.00
737.33 720.84
865.87 892.10
880.43 898.29
1192.96 1232.96
1394.86 1458.05
1012.20 1019.68
960.57 987.63

2014
4th
803.25
823.78
884.57
1155.36
1242.50
1016.13
929.75
614.68
823.80
884.26
1142.51
1437.68
1280.89
942.98
781.00
1087.00
1126.18
1447.21
1556.80
1172.46
1169.91
778.31
879.12
937.62
1211.71
1418.45
697.67
961.70
938.00
1035.77
1180.75
1289.89
1494.00
1913.00
1199.02
703.77
858.91
888.68
1107.73
1283.71
865.00
956.59
732.32
889.34
932.48
1199.90
1422.06
1031.85
990.31

1st
853.51
886.35
943.14
1190.74
1478.69
1024.57
963.71
636.52
849.95
927.53
1191.28
1422.53
1327.56
974.17
985.00
1057.10
1177.14
1395.88
1701.61
1120.62
1186.28
834.31
905.13
903.88
1249.14
1343.54
709.40
972.35
863.00
1067.03
1243.50
1345.53
1632.08
1938.00
1232.88
697.91
890.82
885.68
1183.91
1293.05
1155.00
992.13
778.34
911.00
942.99
1246.34
1465.71
1118.80
1021.29

2nd

3rd

4th

Average Rent for Apartment Building/Community Features and Amenities

(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

Without Feature/Amenity

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

All

Efficiency

1 Bed

2 Bed
1 Bath

Difference

2 Bed
2 Bath

3 Bed

All

Outside Storage

1,097.16

1,005.99

1,109.52

1,311.69

1,571.91

1,153.86

704.46

878.02

928.12

1,216.58

1,356.03

982.54

171.32

Patio or Balcony

944.22

978.24

1,036.53

1,285.98

1,521.25

1,111.82

642.90

750.22

869.31

1,011.64

1,036.39

807.25

304.57

Fireplace

918.36

974.40

1,069.74

1,276.60

1,572.30

1,119.78

815.39

884.65

925.89

1,272.74

1,222.54

970.71

149.07

1,096.31

1,065.55

1,157.88

1,367.02

1,620.79

1,217.61

694.62

808.27

916.01

1,067.13

1,204.08

894.79

322.82

Swimming Pool

904.32

948.58

1,012.40

1,277.15

1,501.06

1,086.24

764.46

910.38

952.24

1,248.11

1,107.90

956.93

129.30

Spa or Sauna

923.14

1,014.96

1,132.23

1,343.93

1,622.76

1,168.80

822.95

851.10

912.65

1,132.15

1,268.75

944.93

223.87

Exercise Room

949.97

991.71

1,075.93

1,310.36

1,562.61

1,132.96

671.20

775.48

891.48

1,011.07

1,146.42

859.12

273.84

Sport Court

784.92

905.76

1,005.08

1,225.36

1,457.35

1,050.33

894.16

960.27

1,003.51

1,301.01

1,483.69

1,083.68

-33.35

Microwave

996.05

1,051.26

1,153.17

1,362.45

1,625.25

1,197.27

757.19

806.70

920.79

1,086.24

1,268.46

913.04

284.23

1,011.64

1,002.13

1,072.50

1,287.76

1,562.60

1,142.81

771.40

878.87

951.48

1,249.37

1,324.91

984.39

158.42

Garbage Disposal

893.70

947.92

1,011.35

1,284.03

1,484.95

1,081.51

628.90

874.78

887.60

1,034.39

1,190.28

908.26

173.25

Dishwasher

921.13

965.11

1,023.71

1,284.50

1,493.98

1,097.18

637.23

767.63

859.56

1,040.07

1,141.17

826.61

270.57

Air Conditioning

909.61

951.91

1,016.40

1,284.80

1,498.94

1,086.36

623.50

821.47

888.02

1,019.08

1,104.32

871.23

215.13

Ceiling Fan

882.33

961.62

1,012.65

1,292.44

1,525.74

1,090.80

831.49

901.61

985.99

1,233.52

1,359.83

1,031.79

59.01

Attached Garage

1,112.01

1,125.75

1,254.26

1,446.11

1,708.84

1,291.61

803.46

895.37

969.53

1,205.45

1,390.76

1,010.22

281.38

Covered Parking

1,005.68

990.06

1,057.93

1,303.72

1,534.69

1,120.82

699.39

888.31

964.60

1,236.23

1,419.27

1,018.46

102.36

Clubhouse

934.48

996.58

1,067.34

1,317.72

1,534.59

1,136.38

776.70

803.76

905.26

1,066.78

1,274.05

895.98

240.40

Business Center

930.28

1,015.08

1,101.57

1,330.10

1,546.08

1,159.25

796.73

816.78

907.10

1,083.16

1,255.57

905.54

253.72

Pets Allowed

913.43

961.60

1,026.92

1,292.93

1,522.02

1,098.20

634.56

778.45

863.70

956.10

1,006.84

830.81

267.39

Resident Pays Sewer/Water

968.30

978.81

1,036.55

1,302.14

1,554.75

1,118.19

662.28

808.05

922.13

1,064.70

1,147.13

887.59

230.60

Unit Security/Alarm System

1,016.25

1,028.35

1,193.43

1,321.57

1,586.71

1,188.10

854.83

929.19

982.35

1,263.69

1,445.43

1,051.19

136.91

Handicapped Access

1,006.91

1,012.26

1,081.21

1,339.76

1,560.99

1,157.07

691.14

832.22

930.89

1,108.95

1,283.96

929.21

227.86

Heat Included in Rent

627.54

784.22

940.30

1,016.11

995.76

839.06

917.41

958.30

1,010.58

1,281.90

1,507.45

1,090.73

-251.68

Nine-Foot Ceilings

Washer/Dryer Hookups

II-29

Estimate of New Apartments by County by Quarter

2007
County
Adams
Arapahoe
Boulder/
Broomfield
Denver
Douglas
Jefferson
Metro Area
Total

1st

2nd

3rd

Adams
Arapahoe
Boulder/
Broomfield
Denver
Douglas
Jefferson
Metro Area
Total

Yearly
Total

2008
1st

2nd

3rd

4th

Yearly
Total

2009
1st

2nd

3rd

4th

0
240
0
0
240
0
0
342
0
342
0
0
39
0
36026 36266 36266 36266 36266 36266 36266 36608 36608 36608 36608 36608 36647 36647
0
0
0
558
558
80
20
876
0
976
0
84
436
0
57741 57741 57741 58299 58299 58379 58399 59275 59275 59275 59275 59359 59795 59795
0
60
77
231
368
0
55
206
376
637
307
0
238
0
32535 32595 32672 32903 32903 32903 32958 33164 33540 33540 33847 33847 34085 34085
0
0
79
37
116
0
201
151
203
555
1094
605
169
609
102938 102938 103017 103054 103054 103054 103255 103406 103609 103609 104703 105312 105917 106086
0
270
370
88
728
137
0
0
210
347
0
0
210
0
9505
9775 10145 10233 10233 10370 10370 10370 10580 10580 10580 10580 10790 10790
120
72
60
0
252
0
0
30
0
30
0
0
0
0
41326 41398 41458 41458 41458 41458 41458 41488 41488 41488 41488 41488 41488 41488
120
914
2262
217
276
1605
789
2887
1401
693
1528
169
642
586
280071 280713 281299 282213 282213 282430 282706 284311 285100 285100 286501 287194 288722 288891

2011
County

4th

1st

2nd

3rd

Yearly
4th Total

2012
1st

2nd

3rd

Yearly
4th Total

2013
1st

2nd

3rd

II-30

39
36647
520
59795
545
34085
2477
106086
210
10790
0
41488
3791
288891

Yearly
4th Total

0
0
19
0
19
0
0
0
0
0
220
0
0
0
36647 36647 36666 36666 36666 36666 36666 36666 36666 36666 36886 36886 36886 36886
0
0
454
0
454
0
0
0
36
36
0
86
0
55
59961 59961 60415 60415 60415 60415 60415 60415 60451 60451 60451 60537 60537 60592
0
0
0
146
21
238
26
0
285
146
788
95
1481
721
34202 34440 34466 34466 34466 34466 34466 34466 34612 34612 35400 35495 36976 37697
41
66
215
512
276
573
87
1071
0
0
190
135
0
0
106280 106470 106536 106751 106751 107027 107162 107735 107822 107822 107822 107822 107822 107822
0
0
0
62
62
0
0
232
60
292
83
48
0
0
10790 10790 10790 10852 10852 10852 10852 11084 11144 11144 11227 11275 11275 11275
0
91
0
15
106
0
428
0
0
428
0
0
110
56
41571 41662 41662 41677 41677 41677 42105 42105 42105 42105 42105 42105 42215 42271
519
565
292
1438
276
563
805
329
1973
1091
229
0
832
62
289451 289970 290535 290827 290827 291103 291666 292471 292800 292800 293891 294120 295711 296543

Top number denotes apartment units added in quarter.

Bottom number denotes total units at end of quarter.

Yearly
Total

220
36886
141
60592
3085
37697
0
107822
131
11275
166
42271
2152
296543

2010
1st

2nd

3rd

4th Yearly Total

0
0
0
0
36647 36647 36647 36647
166
0
0
0
59961 59961 59961 59961
0
96
0
0
34085 34181 34181 34181
7
0
146
0
106093 106093 106093 106239
0
0
0
0
10790 10790 10790 10790
0
0
0
83
41488 41488 41488 41571
173
96
0
229
289064 289160 289160 289389

0
36647
166
59961
96
34181
153
106239
0
10790
83
41571
498
289389

2014
1st
0
36886
174
60766
483
38180
0
107822
0
11275
0
42271
657
297200

2nd

3rd

4th Yearly Total

0
0
174
0
483
0
0
0
0
0
0
0
657
0

Apartment Unit Absorption by Quarter and Year

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Units to Start Quarter/Year

Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
276696
789
277485
0.093
252228
25789
2706
279213
154
279367
0.074
258694
20673
1049
279951
120
280071
0.071
260186
19885
-168
282213
217
282430
0.059
265767
16663
769
285100
1401
286501
0.084
262435
24066
-142
288891
173
289064
0.065
270275
18789
3629
289389
62
289451
5.5%
273531
15920
58
290827
276
291103
4.9%
276816
14287
1807
292800
1091
293891
4.6%
280511
13380
2330
296543
657
297200
5.1%
280957
16243
-102

Second
277485
1075
278560
0.080
256765
22327
4537
279367
130
279497
0.069
260212
19285
1518
280071
642
280713
0.062
263309
17404
3123
282430
276
282706
0.062
265178
17528
-589
286501
693
287194
0.090
261347
25847
-1088
289064
96
289160
0.061
271521
17639
1246
289451
519
289970
4.8%
276051
13919
2520
291103
563
291666
4.8%
277700
13966
885
293891
229
294120
4.2%
282031
12089
1519

Third
278560
369
278929
0.077
257943
21518
1178
279497
75
279572
0.067
260841
18731
629
280713
586
281299
0.053
266390
14909
3081
282706
1605
284311
0.065
265831
18480
653
287194
1528
288722
0.074
267357
21365
6010
289160
0
289160
0.053
273835
15325
2314
289970
565
290535
4.8%
276478
14057
427
291666
805
292471
4.3%
280024
12447
2323
294120
1591
295711
4.4%
283107
12604
1077

Fourth
278929
284
279213
0.079
257645
22100
-298
279572
379
279951
0.070
260354
19597
-487
281299
914
282213
0.061
264998
17215
-1392
284311
789
285100
0.079
262577
22523
-3254
288722
169
288891
0.077
266646
22245
-711
289160
229
289389
0.055
273473
15916
-362
290535
292
290827
5.4%
275009
15818
-1469
292471
329
292800
4.9%
278377
14423
-1647
295711
832
296543
5.2%
281289
15254
-1817

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

II-31

Year-End
276696
2517
279213
0.079
257645
22100
8123
279213
738
279951
0.070
260354
19597
2709
279951
2262
282213
0.061
264998
17215
4644
282213
2887
285100
0.079
262577
22523
-2421
285100
3791
288891
0.077
266646
22245
4069
288891
498
289389
0.055
273473
15916
6827
289389
1438
290329
5.4%
275009
15791
1536
290827
1973
292800
4.9%
278377
14423
3368
292800
3743
296543
5.2%
281289
15254
3109

Monthly Resident Turnover

By Size, Age of Building, and County
(In Percent)

2005
Building Type

1st 2nd

3rd

2005
4th

Ave

2006
1st 2nd

3rd

2006
4th

Ave

2007
1st 2nd

3rd

2007
4th

Ave

2008
1st 2nd

3rd

2008
4th

Ave

2009

2009

1st 2nd

3rd

4th

Ave

2010

2010

1st 2nd

3rd

4th

Ave

2011

2011

1st 2nd

3rd

4th

Ave

2012

2012

1st 2nd

3rd

4th

Ave

2013

2013

1st 2nd

3rd

4th

Ave

2014
1st 2nd

3rd

2014
4th

Ave

Size
Up to 8

7.1

5.2

5.6

3.0

5.2

4.6

5.8

7.0

2.9

5.1

4.6

6.1

7.3

1.9

5.0

1.1

4.0

6.5

4.6

4.6

5.2

4.1

9.4

5.0

5.9

3.9

3.7

5.6

4.6

4.5

4.5

6.0

5.0

2.4

4.5

3.2

4.4

4.1

2.7

3.6

3.6

3.1

5.8

4.7

4.3

1.7

9 - 50

4.4

4.4

6.5

4.4

4.9

3.7

4.1

4.6

3.9

4.1

3.8

5.4

5.3

3.6

4.5

3.4

5.6

6.4

4.7

4.7

4.4

6.7

5.5

5.0

5.4

3.5

6.2

5.1

3.6

4.6

2.5

4.9

5.7

3.4

4.1

2.8

5.1

4.0

4.6

4.1

3.4

4.0

6.3

4.4

4.5

3.5

1.7
3.5

51-99

2.8

4.3

5.6

3.2

4.0

2.8

3.8

5.6

4.3

4.1

2.8

4.2

3.8

3.3

3.5

3.4

3.7

5.1

3.6

3.6

3.9

4.9

5.2

3.5

4.4

2.6

4.4

5.1

3.0

3.8

3.9

4.1

4.9

3.1

4.0

2.9

4.6

5.3

2.3

3.8

2.9

3.8

5.0

3.5

3.8

2.9

2.9
3.3

100 - 199

4.3

5.1

6.0

4.3

4.9

4.4

4.9

5.6

3.3

4.6

3.5

5.0

5.4

3.8

4.5

3.8

4.6

5.6

4.3

4.3

3.4

5.7

6.0

4.3

4.9

3.8

5.9

5.9

3.7

4.8

3.5

4.8

5.9

3.5

4.4

2.9

5.2

6.1

3.7

4.5

3.6

4.5

5.5

3.9

4.4

3.3

200 to 349

4.3

5.1

5.7

4.4

4.9

4.2

5.3

5.7

4.4

4.9

3.7

5.3

6.4

4.4

5.0

4.2

5.1

6.2

4.5

4.5

3.8

5.3

5.9

4.5

4.9

4.1

5.2

5.4

3.9

4.6

3.6

5.3

6.2

4.0

4.8

3.8

5.7

6.2

4.0

4.9

3.6

5.2

5.6

3.9

4.6

3.5

3.5

350 up

3.3

5.3

5.7

4.1

4.6

4.5

5.5

5.6

4.5

5.0

3.9

5.9

6.8

4.5

5.3

4.1

5.8

6.5

4.3

4.3

4.5

5.4

6.2

4.5

5.2

4.0

5.9

5.9

4.0

5.0

4.8

5.2

6.2

4.1

5.1

4.0

5.6

6.2

4.1

5.0

3.7

5.2

6.4

3.9

4.8

3.7

3.7

2.4

Age
To 1959

4.9

5.7

6.0

4.3

5.2

4.6

4.9

5.0

4.0

4.6

3.8

4.9

6.5

4.5

4.9

3.2

4.8

6.9

4.2

4.2

4.5

7.2

6.3

4.6

5.6

3.6

6.8

4.9

3.2

4.6

3.3

5.9

4.2

3.1

4.1

2.6

5.6

4.5

3.6

4.1

3.4

4.8

5.2

4.3

4.4

2.4

1960-69

3.5

4.6

7.2

4.4

4.9

3.9

4.6

6.7

3.9

4.8

3.2

5.5

4.8

3.4

4.2

4.5

4.1

4.8

4.1

4.1

3.8

5.4

4.9

4.6

4.7

4.5

4.8

5.2

4.4

4.7

4.5

3.8

5.7

3.5

4.4

3.1

4.7

4.5

3.9

4.0

3.1

3.5

6.5

3.5

4.1

3.6

3.6

1970-79

3.8

4.7

5.5

3.9

4.5

4.1

4.7

5.4

3.5

4.4

3.4

5.0

5.4

3.9

4.4

3.4

4.8

6.5

4.3

4.3

3.1

5.6

6.1

4.6

4.9

3.8

5.9

5.7

3.9

4.8

3.4

4.8

6.4

3.9

4.6

3.4

5.3

5.9

3.6

4.6

3.9

4.5

5.7

3.5

4.4

3.5

3.5

1980-89

3.7

5.3

5.7

4.3

4.7

4.2

5.3

5.5

4.2

4.8

3.6

5.4

6.0

4.1

4.8

3.9

5.3

6.4

4.4

4.4

4.1

5.1

6.2

4.6

5.0

4.3

5.5

5.7

4.1

4.9

3.9

5.3

5.6

4.0

4.7

4.1

5.5

5.9

3.9

4.8

3.6

5.2

5.7

3.8

4.6

3.9

3.9

1990-99

4.5

5.4

5.4

4.6

5.0

4.3

5.3

5.9

4.3

4.9

3.7

5.6

6.4

4.3

5.0

4.4

5.7

6.2

4.3

4.3

4.4

5.6

6.3

4.2

5.1

3.4

5.5

6.0

3.8

4.7

3.7

5.6

6.3

4.1

4.9

3.8

5.5

5.9

3.5

4.7

3.4

5.5

6.4

4.2

4.9

3.5

3.5

2000-2004

3.7

5.2

6.4

2005 up

4.2

4.9

4.4

5.8

5.9

5.3

5.3

4.4

5.9

7.2

5.0

5.6

4.2

5.7

6.6

5.1

5.1

4.7

6.1

6.6

4.6

5.5

3.9

5.5

6.0

3.8

4.8

4.9

5.5

6.4

4.1

5.2

3.8

5.6

6.2

4.5

5.0

3.8

4.9

5.9

4.3

4.7

3.7

3.7

2.3

2.3

2.8

3.5

4.7

1.9

3.2

3.9

3.9

7.4

3.9

4.8

3.6

3.5

3.4

1.6

1.6

2.3

2.5

3.0

3.0

2.7

3.9

6.1

4.6

3.6

4.6

3.9

4.3

7.2

3.6

4.8

3.9

7.0

8.3

5.2

6.1

3.5

5.4

5.6

3.9

4.6

3.1

3.1

County
Adams

3.8

5.3

5.9

4.5

4.9

4.6

5.2

6.1

4.8

5.2

4.2

5.8

6.4

5.0

5.3

4.3

5.2

6.7

5.0

5.0

4.1

5.5

6.3

4.8

5.2

3.9

5.2

5.9

4.3

4.8

4.4

5.2

6.0

4.6

5.1

4.0

5.9

6.2

4.8

5.2

3.7

5.1

5.6

3.8

4.6

4.0

4.0

Arapahoe

4.1

5.2

5.4

4.6

4.8

4.4

5.1

5.5

4.2

4.8

3.8

5.5

6.3

4.1

4.9

3.9

5.0

6.4

4.1

4.1

4.0

5.2

6.1

4.5

4.9

3.9

5.7

5.4

4.2

4.8

3.9

5.1

6.0

4.0

4.8

3.7

5.2

5.5

3.8

4.5

3.7

5.1

5.6

3.9

4.6

3.5

3.5

Boulder/Broomfield

3.5

4.5

7.0

3.1

4.5

3.9

5.3

7.5

3.9

5.1

3.5

5.9

6.9

3.4

4.9

3.3

5.3

6.7

4.2

4.2

3.7

7.0

6.5

3.2

5.1

3.4

6.1

6.7

3.0

4.8

3.1

4.6

7.0

4.0

4.7

3.5

6.7

7.9

2.9

5.3

3.6

6.0

7.8

3.8

5.3

3.4

3.4

Denver

4.0

5.0

5.4

3.8

4.6

4.0

4.8

4.7

4.1

4.4

3.2

5.2

6.1

4.1

4.7

3.9

5.4

5.9

4.2

4.2

3.8

5.5

5.7

4.5

4.9

4.0

6.0

5.5

3.7

4.8

4.2

5.1

5.9

3.7

4.7

3.7

5.8

6.3

4.0

4.9

3.6

4.5

6.0

4.2

4.6

3.5

3.5

Douglas

3.5

4.9

6.6

4.2

4.8

4.3

6.1

5.2

4.9

5.1

4.0

5.3

6.7

5.1

5.3

4.5

6.2

5.7

4.9

4.9

3.9

5.1

6.1

4.8

5.0

3.3

4.9

7.2

2.8

4.6

4.6

5.2

5.8

4.0

4.9

3.6

5.1

6.0

3.7

4.6

3.6

4.6

5.8

4.0

4.5

3.5

3.5

Jefferson

4.0

5.2

5.8

4.4

4.8

4.0

5.4

5.6

3.6

4.7

3.4

5.2

5.7

4.2

4.6

4.1

5.1

5.9

4.4

4.4

4.8

5.5

5.8

4.5

5.1

4.2

4.7

5.0

4.0

4.5

3.3

5.4

6.4

3.4

4.6

3.6

5.3

5.5

3.9

4.6

3.4

5.2

5.8

3.5

4.5

3.3

3.3

Average

3.9

5.1

5.8

4.2

4.7

4.2

5.2

5.6

4.2

4.8

3.7

5.4

6.2

4.3

4.9

4.0

5.3

6.2

4.4

4.4

4.0

5.5

6.0

4.5

5.0

3.9

5.6

5.6

3.9

4.8

3.9

5.1

6.1

3.9

4.8

3.7

5.6

6.0

3.9

4.8

3.6

5.0

5.9

3.9

4.6

3.5

3.5

Resident turnover is for respective months of February, May, August and November.

II-32

Vacancy Rates During the Current Quarter

Cumulative Totals

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Total

One Bedroom

Percent Vacant

Total

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant
2

1
3
2
2
4
7
30

0.0%
0.0%
50.0%
0.0%
0.0%
0.0%
0.0%

6
27
6
4
24
18
2

4
1
69
63
57
186
267
345
211
242
240
126
82
79
77
34
145
156
195
2
89
26
78
40
56
61
45
35
58
24
33
94
58
34
367
110
20

0.0%
0.0%
1.4%
1.6%
0.0%
0.5%
2.6%
2.3%
0.9%
7.9%
3.3%
5.6%
6.1%
1.3%
6.5%
2.9%
9.0%
1.9%
5.1%
0.0%
12.4%
15.4%
5.1%
0.0%
5.4%
1.6%
4.4%
2.9%
1.7%
0.0%
18.2%
28.7%
10.3%
11.8%
6.5%
16.4%
10.0%

1
1
32
29
2

1
52
37
32
2

100.0%
1.9%
86.5%
90.6%
100.0%

7
5
2

8
6
8

87.5%
83.3%
25.0%

4
5

4
49

100.0%
10.2%

1
1
1
7
8
2
19
8
7
5
1
5
1
13
3
10
11
4
4
3
1
2
1
1

1
96

0.0%
3.1%

3
1
9

1
5
45
30
5
367
587
737
676
931
1017
2372
2535
2524
2457
3818
2334
1634
1496
2885
3280
1756
2959
1828
1722
2769
1279
2375
806
1986
1105
504
391
1390
291
479
852
136
381
132
150
179
37
608
223
40
274
422
9
199
29
61
26
134
113
68
95
2
26
5
5
13

0.0%
20.0%
0.0%
0.0%
0.0%
6.8%
4.8%
1.1%
2.2%
3.8%
3.5%
4.2%
4.9%
4.6%
5.2%
5.1%
3.5%
5.2%
2.8%
5.0%
3.0%
4.4%
3.9%
2.7%
7.8%
3.4%
3.3%
3.2%
3.7%
4.6%
12.4%
4.2%
23.8%
4.5%
5.5%
4.0%
6.3%
4.4%
6.6%
7.6%
14.7%
10.1%
13.5%
6.3%
49.8%
15.0%
7.3%
5.7%
11.1%
13.1%
44.8%
9.8%
0.0%
59.7%
13.3%
11.8%
92.6%
0.0%
0.0%
60.0%
20.0%
69.2%

4
20
2935

37
59
55788

10.8%
33.9%
5.3%

25
28
8
15
35
36
99
123
117
127
196
82
85
42
144
97
77
116
50
134
95
42
75
30
91
137
21
93
63
16
19
54
6
25
10
22
18
5
38
111
6
20
24
1
26
13
6
80
15
8
88

295

4057

7.3%

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

0.0%

Total
1

Total
Percent Vacant

Total

0.0%

1
3

2
34
2
34
6
13
41
35
38
88
12
73
35
38
10
18
34
21
33
15
32
19
11
31
27
13
13
18
1
2
4
43
11
1

6
2
9
21
6
37
120
693
102
886
297
421
996
1484
750
2016
458
1176
514
686
381
413
712
530
795
482
642
401
352
511
393
552
194
173
70
149
42
148
182
92

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.7%
4.9%
2.0%
3.8%
2.0%
3.1%
4.1%
2.4%
5.1%
4.4%
2.6%
6.2%
6.8%
5.5%
2.6%
4.4%
4.8%
4.0%
4.2%
3.1%
5.0%
4.7%
3.1%
6.1%
6.9%
2.4%
6.7%
10.4%
1.4%
1.3%
9.5%
29.1%
6.0%
1.1%

58

10.3%

4
6
2
1
1
12
22
1
3
867

3
67

0.0%
1.5%

17

0.0%

13
35
5
14
21
1
9
26
22
7
83
18277

0.0%
11.4%
0.0%
42.9%
9.5%
100.0%
11.1%
46.2%
100.0%
14.3%
3.6%
4.7%

2
4
41
37
35
13
54
23
25
26
27
26
30
38
53
48
48
29
69
48
31
67
105
65
41
114
60
25
21
13
111
11
8
9
32
26
10
9

2
83
26
137
24
166
108
689
926
787
431
1263
588
1173
959
791
507
966
965
1746
1598
1226
656
2008
960
1102
1068
2065
1084
938
2080
1161
696
636
277
1285
280
99
145
472
314
165
185

0.0%
0.0%
7.7%
0.7%
0.0%
1.2%
3.7%
6.0%
4.0%
4.4%
3.0%
4.3%
3.9%
2.1%
2.7%
3.4%
5.1%
3.1%
3.9%
3.0%
3.0%
3.9%
4.4%
3.4%
5.0%
2.8%
6.3%
5.1%
6.0%
4.4%
5.5%
5.2%
3.6%
3.3%
4.7%
8.6%
3.9%
8.1%
6.2%
6.8%
8.3%
6.1%
4.9%

8
10
10
6
1
5
22
1

209
250
132
122
2
49
299
11

3.8%
4.0%
7.6%
4.9%
50.0%
10.2%
7.4%
9.1%

1
279
1780

64
1062
35037

1.6%
26.3%
5.1%

2
1

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

II-33

82

0.0%

1
3
2
4
32
152
18
191
53
20
32
19
31
201
108
14
38
36
186
90
146
234
338
26
134
244
96
62
234
72
237
244
159
160
75
10
54
267
126
90
105
60
163
26
103
59
48
42

0.0%
0.0%
0.0%
0.0%
0.0%
0.7%
0.0%
2.6%
3.8%
0.0%
3.1%
5.3%
3.2%
3.0%
5.6%
0.0%
5.3%
22.2%
1.6%
1.1%
4.8%
4.3%
3.6%
3.8%
4.5%
2.5%
1.0%
11.3%
3.4%
0.0%
5.5%
7.8%
10.7%
6.3%
6.7%
0.0%
11.1%
5.6%
9.5%
2.2%
2.9%
1.7%
0.6%
11.5%
2.9%
3.4%
0.0%
11.9%

8
220

211
5138

3.8%
4.3%

1
5
2
1
1
1
6
6
2
8
3
1
7
10
12
1
6
6
1
7
8
13
19
17
10
5
6
15
12
2
3
1
1
3
3
2

0.0%

0.0%

1
1
25
29
15
23
37
57
141
134
157
135
216
128
174
120
277
123
215
183
119
172
144
104
129
115
168
218
96
168
174
96
95
162
143
93
60
147
154
78
70
124
136
59
54
24
63
43
27
24
92
27
25
99
13
6
12
29
23
27
6
310
6124

0.0%

180
30

0.0%
0.0%

72

1.4%

15
23
8
2
12
12
8
120
10
20
15
153
25
18
38

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.7%
0.0%
0.0%
0.0%
4.6%
8.0%
5.6%
0.0%

96
38
7

2.1%
0.0%
14.3%

66
1

0.0%
100.0%

1
16
12

0.0%
6.3%
0.0%

8
39
26
40

0%
5.1%
0.0%
2.5%

9
20

0.0%
10.0%

0.0%

3
1

30
13

10.0%
7.7%

27

86
16
1290

0.0%
0.0%
2.1%

7
2
1

3
1
3
3
98
4
7
30
1
10
46
100
74
426
782
1025
1027
1180
1381
3568
2819
3711
2929
4483
3475
3969
3355
5923
4325
4314
4290
3826
3242
4071
2598
3962
2955
4405
3401
2240
1529
4249
1806
2653
2458
2798
1562
1354
2568
1622
1025
1584
572
1628
845
715
429
746
357
346
478
269
445
458
293
301
75
158
402
111
64
194
1431
119587

Percent
0.0%
0.0%
0.0%
33.3%
3.1%
0.0%
0.0%
0.0%
0.0%
10.0%
0.0%
1.0%
1.4%
5.9%
3.7%
1.5%
2.2%
3.1%
4.1%
4.0%
4.8%
4.2%
4.6%
4.8%
3.7%
4.4%
3.6%
4.7%
2.8%
5.0%
4.3%
3.1%
5.3%
3.5%
4.0%
3.3%
3.9%
3.8%
6.4%
4.3%
11.0%
4.1%
5.3%
3.6%
6.6%
5.1%
6.0%
4.4%
5.7%
9.5%
7.6%
4.4%
21.7%
8.4%
7.0%
7.6%
5.6%
8.4%
12.0%
7.8%
5.0%
34.2%
6.1%
5.5%
33.8%
4.3%
8.0%
7.6%
7.2%
20.7%
42.2%
3.1%
21.7%
5.1%