Poll: Would you want Amazon’s HQ2 in Colorado?

Rents in Denver metro area hit all-time high of $1,371 a month

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

DENVER — Average monthly rent in the Denver metro area reached an all-time high of $1,371 in the second quarter, according to a survey from the University of Denver’s Daniels College of Business and the Colorado Economic and Management Associates.

Ron Throupe, a DU associate professor of real estate and construction management, said rents increased $55 a month in the three-month quarter that ended June 30. Rent in the first quarter averaged a previous all-time high of $1,315 a month.

“The upward cycle in rent growth resulting from the demand for units continues to impress as Denver becomes a destination for business and a top rated place to live,” Throupe said in a statement.

Vacancy for the Front Range moved down from 6.1 percent in the first quarter to 5.4 percent in the second quarter, according to the survey.