Rents for apartments in metro Denver keep breaking records, but a new report suggests the market could be slowing down.
Numbers from the Apartment Association of Metro Denver show rents jumped 2 percent last quarter. That takes average rents to a high of $1,292, but that's only half the increase of the previous quarter.
Renters have another reason to be optimistic: Vacancy rates also ticked up to 5 percent.
But parts of the metro area aren't so welcoming to renters. Vacancy rates in Wheat Ridge, Castle Rock and some Denver neighborhoods are a fraction of the average for the metro area.