Rents in metro Denver continue to climb sharply, but the vacancy rate is edging upward a bit.
The average rent in metro Denver hit almost $1,300 a month in the third quarter. That was up about $150 from the same period a year ago. The Apartment Association of Metro Denver also reports the highest rents were recorded in northwest Denver and the lowest in north Aurora.
New construction increased the vacancy rate from about 4 to 5 percent.
You are one of the CPR readers who wants to know what is really going on these days. We can help you keep up - The Lookout is a free, daily email newsletter with news and happenings from all over Colorado. Sign up here and we will see you in the morning!