Post on 03-Jun-2020
DENVER METROAPARTMENT
VACANCY & RENT SURVEY THIRD QUARTER 2014
SPONSORED BY:
Colorado Division of Housing
Denver Metro Area Apartment Vacancy
and Rent Survey
Third Quarter 2014
Sponsored by
Apartment Association of Metro Denver Apartment Realty Advisors
Colorado Housing and Finance Authority Colorado Division of Housing Multifamily Capital Advisors
Pierce-Eislen
Contributing Sponsor Denver Housing Authority
Researched and authored by Ron L. Throupe, Ph.D. University of Denver Daniels College of Business Burns School of Real Estate & Construction Management 944 Aztec Dr. Castle Rock, CO 80108 (425) 681-6602 voice rthroupe@du.edu
Jennifer L. Von Stroh Colorado Economic and Management Associates 2581 East Wynterbrook Drive Littleton, Colorado 80126-4519 303-818-0510 VonStrohHousingSurvey@gmail.com Copyright 2014
Survey Sponsors
Apartment Association of Metro Denver 7100 E. Belleview Avenue, Suite 305
Greenwood Village, CO 80111 Mary Wessler, president
Mark Williams, executive vice president Phone: (303) 329-3300; fax (303) 329-0403
Apartment Realty Advisors
1800 Larimer Street, Suite 1700 Denver, Colorado 80202
Jeff Hawks, principal Phone (303) 260-4400; fax (303) 260-4234
Colorado Housing and Finance Authority
1981 Blake Street Denver, CO 80202
Cris A. White, executive director Phone: (303) 297-2432; fax (303) 297-2615
Colorado Division of Housing
1313 Sherman Street Denver, CO 80203
Pat Coyle, executive director Phone: (303)-866-2033
Pierce-Eislen
9200 East Pima Parkway, Suite 150 Scottsdale, AZ 85258 Ronald G. Brock, president/ceo
Phone: (480) 663-1149; fax (480) 663-6269 Email: info@pi-ei.com
Multifamily Capital Advisors
6950 E. Belleview Avenue, Suite 320 Greenwood Village, CO 80111
Jerry Kendall, managing director Phone: (720) 280-7431
Email:jerrykendall@multifamilycap.com
Survey Authors and Researchers
Ron L. Throupe, Ph.D. University of Denver Daniels College of Business Burns School of Real Estate & Construction Management 944 Aztec Dr. Castle Rock, CO 80108 (425) 681-6602 voice rthroupe@du.edu
Jennifer L. Von Stroh Colorado Economic and Management Associates 2581 East Wynterbrook Drive Littleton, Colorado 80126-4519 303-818-0510 VonStrohHousingSurvey@gmail.com
The sponsors of the Denver Area Apartment Vacancy and Rent Survey contract with an independent researcher to produce this report. No individual information is released by the researcher to a sponsor or to the public.
Copyright 2014
w w w . m u l t i f a m i l y c a p. c o m specialized apartment financing with experience totaling over one billion dollars of loans in Colorado
Jerry Kendall Managing Director
(720) 280-7431JerryKendall@multifamilycap.com
WHY CHOOSE ARA?
JUSTIN HUNTSenior Associate
303.260.4475
ANDY HELLMANAssociate
303.260.4474
ROBERT BRATLEYAssociate
303.260.4415
SAUL LEVYAssociate
303.260.4442
SPENCER BRADLEYAssociate
303.260.4427
• Dispositions • Acquisitions • Property valuation • Multifamily and land consulting • Quarterly market reports • Quarterly construction reports • Rent surveys • Sales comparables • Tax comparables • Multifamily research • Construction equity • Acquisition financing
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The power of a proven track record.
PRIVATE CLIENT BROKERAGE TEAM
PROFESSIONALSERVICES
DU / ENGLEWOOD / LITTLETON / WEST DENVER COLORADO SPRINGSCENTRAL DENVER CENTRAL DENVER
/ AURORA
THE WELLSHIRE
CENTRAL DENVER / AURORA
ARA’s Private Client Team members are the only Colorado bro-kers who specialize exclusively in small to mid-sized multifamily assets. Each team member further specializes in a distinct geo-graphic location to provide a true boutique level of service to our clients. Over the past ten years ARA’s Private Client Team has sold over 6,700 units totaling $500 million.
The heart of our marketing philosophy is to aggressively market our listings directly to prospects on both a local and national lev-el. We have a national cooperative business platform of shared market, property, buyer, seller and investor information from over 300 markets that is called upon to market each listing re-gardless of its size. Each listing is processed through the highly
skilled, in-house marketing, research and financial departments focused exclusively on multifamily assets, allowing the listing bro-kerage team to effectively match the most qualified and capable buyer to close in the shortest amount of time.
In Colorado’s dynamic multifamily market, ARA’s team of brokers and support staff can be called upon to meet and exceed the needs of every client. Our reputation, track record, knowledge and commitment to supporting lenders, managers, and apprais-ers in their transaction and underwriting efforts allow ARA’s Private Client Team to provide a professional experience, para-mount brand marketing and confident closing dates, all while de-livering the highest price.
The Division of Housing Regulates Manufactured Housing:
Factory-built housing sold in this state must meet Colorado Safety Standards. The Colorado Division of Housing inspects these buildings to ensure the health
and safety of factory-built housing.
The Colorado Division of Housing assists Colorado’s large and small communities with meeting their local
housing goals.
We serve local governments, for-profits, and non-profits:
! Gap Financing! Revenue Bonds! Foreclosure Prevention Initiatives! Technical Assistance ! Housing and Demographic Data ! Training for Local Officials
Our Resources:
• Funding for Rehabilitation and New Construction
• Funding for Senior Housing andSpecial Needs Housing
• Downpayment Assistance Initiatives• Tenant-Based Rental Assistance• The Private Activity Bond Program• Emergency Shelter Grants
From homeless shelters to downpayment assistance, we can help your organization better serve your community.
Colorado Division of Housing1313 Sherman Street #518Denver, CO 80203
Division of Housing Main Line (303) 866-2033Manufactured Housing Help Line (303) 866-4616
Http://dola.colorado.gov
Connecting rental housing professionals with top employers in Metro Denver.
The AAMD Career Center is a dedicated
search and recruitment resource for rental
housing professionals and employers
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easy-to-use tools to make searching for
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CAREERCENTER
www.aamdhq.org/careers
Executive Summary I-1
Map of Vacancy Rates I-3Map of Average Rents I-4
Vacancy Rates by County and Market Area I-5Current Survey Responses I-6
Report Description and Methodology I-7
Table of Contents
Section I - Overview
$800
$850
$900
$950
$1,000
$1,050
$1,100
$1,150
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
09 Q3 10Q3 11Q3 12Q3 13Q3 14Q3
3
County Overview
Line: Percent Vacant Bar: Average Rent (in dollars)
Hottest Sub-Markets
Vacancy Rate Average Rent Rate (/sq. ft.)
Adams 3.9% $1,066.70 $1.29
Arapahoe 4.6% $1112.87 $1.29
Boulder/Broomfield 3.3% $1,287.15 $1.50
Denver 3.5% $1,118.11 $1.44
Douglas 3.7% $1,372.28 $1.41
Jefferson 3.2% $1,155.20 $1.34
Vacancy Rate
3.9%Last Quarter: 4.7%
Average Rent
$1,145.49Last Quarter: $1,117.12
Average per sq. ft.
$1.36Last Quarter:$1.32
Boulder- University
2.3%Golden
2.1%
Denver - Southwest
1.8%
PREV. YEARDiscount / Concessions
9.1%Last Quarter: 9.3%
Economic Vacancy
13.0%Last Quarter: 14.0%
Net Absorption (Units)
4,470 Last Quarter: 3,127
Metro Denver Vacancy & Rent ReportE x E c u t i v E S u m m a r y • 3 r D Q u a r t E r 2 0 1 4
Denver - City Park
2.2%
Denver - Capitol Hill
2.7%
Year Q1 Q2 Q3 Q4 Average2002 16.0% 16.7% 16.9% 20.2% 17.5%2003 21.5% 20.5% 28.5% 23.1% 23.4%2004 25.7% 25.2% 24.5% 25.1% 25.1%2005 24.3% 23.5% 24.9% 24.6% 24.3%2006 23.7% 24.1% 23.1% 22.3% 23.3%2007 21.4% 18.5% 17.3% 16.6% 18.5%2008 16.6% 18.3% 18.8% 17.0% 17.7%2009 16.3% 16.9% 18.2% 16.4% 17.0%2010 16.2% 15.7% 18.9% 15.4% 16.6%2011 15.0% 16.2% 15.3% 14.3% 15.2%2012 14.0% 14.5% 13.8% 12.3% 13.7%2013 11.8% 13.0% 13.2% 12.9% 12.7%2014 12.0% 14.0% 13.0% 13.0%
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
17.5%
23.4%25.1% 24.3%
23.3%
18.5% 17.7% 17.0% 16.6%15.2%
13.7%12.7% 13.0%
2
Yearly Economic Vacancy (Average of all four quarters)
Aurora - North
2.3%
Average Rent for Units Constructed: » 2005-2012: $1,468.71 » 2000-2004: $1,295.10 » 1990-1999 $1,358.91 » 1980-1989 $1,104.52 » 1970-1979 $ 888.47 » 1960-1969 $ 899.30 » 1959 and prior $ 897.83
Average rent: $ 1,145.49Last quarter: $ 1,117.12This quarter 2013: $ 1,048.63This quarter 2012: $ 986.42
Median rent: $ 1,109.32Last quarter: $ 1,067.87This quarter 2013: $ 987.63This quarter 2012: $ 919.97
Rent / square foot: $ 1.36Last quarter: $ 1.32This quarter 2013: $ 1.23This quarter 2012: $ 1.16
» Five counties were down in their vacancy rate, and one remained the same. » Eight market areas showed an increase in their vacancy rate, while twenty five
showed a decrease, and one remained the same. » Buildings with “350 and More” units had the highest vacancy rate at 4.3 %. Buildings
with “up to 8” units had the lowest vacancy rate of 2.1 %. Historically, larger buildings have the highest vacancy rates.
» Buildings constructed since 2005 had the highest vacancies at 4.7 %. Those constructed between before 1939 had the lowest vacancy rate at 1.6 %.
» Efficiencies were 3.5 % vacant; one-bedrooms 3.8 % vacant; two-bedroom one bath 3.8 %; two-bedroom, two bath 4.1 % vacant; and three bedroom 3.7 % vacant.
This Quarter: 3.9% Last Quarter: 4.7 %This quarter 2013: 4.4 %This quarter 2012: 4.3%
Rents do not include the cost of rental discounts and concessions. For the third quarter of 2014, rental discounts and concessions averaged 9.1 percent, down from 9.3 percent for the prior quarter.
Economic vacancy is defined as physical vacancy plus concessions and discounts as a percent of gross potential rent.
This Quarter: 13.0 %Last Quarter: 14.0 %This quarter 2013: 13.2%This quarter 2012: 13.8%
New Units Added: 1,256 Total Units: 299,717 For the third quarter of 2014, there was a net absorption of 4470 units for the metropolitan Denver area. For all of 2013, 3,109 units were absorbed. For all of 2012, 3,368 units were absorbed. For all of 2011, the total absorption was 1,536 units. Absorption is the net change in the number of apartment units rented in the current time period (quarter/year) compared to the previous time period (quarter/year).
Given an increase in the number of new additions to the inventory this quarter and over the last two plus years, the recent trend in the Denver metro unemployment rate, normal seasonal vacancy changes, contin-ued immigration, and an increase in metro area natural population, rent increase and a low vacancy rate are both expected, with some variation across certain submarkets. Historically the vacancy rate is higher in the fourth and first quarters than the second and third quarters, which we see again this year. The number of new units added to the inventory during 2014 as expected increased, as seasonal construction was completed and permitted construction obtained certificates of occupancy. 1256 new units were reported for this quarter. Thus as expected there were jumps in sub markets vacancy while new units are absorbed, but a slight decrease in the Denver overall vacancy. The overall average rent for the last ten years has increased from around $800.00 in 2002 to over $1,145.49 this quarter. The overall vacancy rate was at 3.9%. Absorption was positive for the quarter. This amount is greater than all of 2013. The absorption and new supply numbers will continue to be watched closely with significant new additions expected to the apartment stock over the next several quarters.
The Denver Area Apartment Vacancy and Rent Survey reports median and average rates, and, as a result, there are often differences in rental rates and vacancy rates by apartment type, size, location, and age of building/complex. These variances are more pronounced as the vacancy rate has fluctuated during the last several years. All information is based on data received for the month of June, except for resident turnover and rental losses, which is for May.
This survey is conducted via mail and online submissions. It includes only those units with a certificate of occupancy. The third quarter 2014 Survey includes information on 114,617 apartment units. The Survey is possible because of the excellent participation and help of professionals in the apartment industry and the consistent support of the Survey sponsors. Comments on the Survey are welcome at VonStrohHousingSurvey@gmail.com.
Last quarter we reported on segmenting units by age or class to show the difference in rents and vacancy rates of the newest units. We discussed that the newest units have amenity packages with which properties built even a few years ago have difficulty competing. These new units, which were considered an over-supply or at least hyper competition in sub markets, do not seem to be an oversupply as per the report data. The net absorption for 2014 is impressive. Local estimates for new units to be added for the year were approximately 10,000. At this building pace the expectation we had at the beginning of the year for an increase in the vacancy rate has not yet happened. The question becomes what is going on?
The Denver metro area has come out of the recent recession as a top choice for people and companies. Colorado was ranked the third best place for job growth in 2013 and it continues to add jobs at a faster pace compared to the national average in 2014 (Silverstein, Metro Denver Economic Update, 2014). The state is ranked the fifth-best business friendly state by Forbes in 2013 while Denver was recently ranked also by Forbes the fourth-best place for business. Denver is becoming one of the hottest places for new businesses and entrepreneurs, a top-10 metro area for relocation of young professionals (Forbes, 2013), and also a top place for young Americans to live (Harris Interactive Survey, 2013).
According to the State Demography office we are seeing a significant jump in net in-migrations. Total in-migration was 48,537 in 2013, 52,969 in 2014, and is expected to be 55,078 in 2015. The 2015 number is approximately 15,000 higher than the historical average in-migration of 40,000. If there are 2.1 persons per household on average, a 15,000 in-migration increase would create an additional demand of approximately 7,500 households. According to Silverstein (2014), the historical percentage of new households choosing apartments was approximately 25%. The years since the end of the great recession have seen approximately a 50% share of households choosing apartment living. This phenomenon has shown itself in greater demand for apartments causing low vacancy rates and high absorption rates. Also, some of the new communities, which show impressively high lease-up levels, are not yet counted in the apartment supply, causing an under-report of the absorption.
VACANCY RATE
RENTAL RATES
ECONOMIC VACANCY INVENTORY
OVERALL COMMENTS SPECIAL TOPIC
LONGMONT 2.5%
$1,226.67
BOULDER (CITY) 3.1%
$1,387.61
UNIVERSITY 2.3%
$1,338.80
BROOMFIELD 3.6%
$1,213.98
ARVADA 4.5%
$1,114.65
WESTMINSTER 3.6%
$1,024.79
GOLDEN 2.1%
$1,316.59 WHEAT RIDGE
2.7% $874.40
LAKEWOOD N 2.9%
$1,135.97
LAKEWOOD S 2.9%
$1,210.86
NORTHGLENN / THORNTON 4.2%
$1,101.00
COMMERCE CITY 3.5%
$1,157.28
DENVER NW 2.6%
$1,361.14
DENVER NC 2.2%
$1,415.01 DENVER NE
3.5% $932.90
AURORA NORTH 2.3%
$703.23
DENVER WC 3.2%
$734.48
DENVER C 2.3%
$1,045.51
DENVER EC 3.8%
$1,052.40
DENVER SW 1.8%
$1041.14
GLENDALE 4.9%
$998.86
DOWNTOWN 4.3%
$1,550.82
DENVER SC 7.1%
$1,214.03 DENVER SE
3.6% $902.78
DENVER FAR SE
3.2% $999.08 ENGLEWOOD
SHERIDAN 3.6%
$1,117.07
LITTLETON 6.1%
$1,241.51
ARAPAHOE COUNTY S
3.1% $1,336.81
ARAPAHOE COUTY SE
9.4% $1,398.62
AURORA SOUTH 4.6%
$1,109.39
AURORA CNE 3.7%
$851.77 AURORA CNW
4.0% $1,140.45
AURORA CSW 4.0%
$975.72 AURORA CSE 3.3%
$990.55
DOUGLAS COUNTY N
3.8% $1,390.81
CASTLE ROCK 3.1%
$1,259.88
BOULDER
JEFFERSON
ADAMS
DENVER
ARAPAHOE
DOUGLAS
BROOMFIELD
METRO DENVER SUBMARKETS (Individual Submarkets Defined on the “Market Area Descriptions and Census Tracts” Page at the end of each section.) Red: Vacancy Rate Blue: Average Rent
BOULDER (OTHER) 4.2%
$1,372.32
I-5
County/Market1st 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 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th
Adams County 9.6 9.9 7.6 11.7 10.6 8.7 7.7 8.1 7.0 6.1 6.4 7.4 7.8 6.3 5.9 7.4 6.4 6.8 7.5 8.8 8.4 8.5 6.7 6.3 6.8 5.2 4.4 5.7 5.6 5.2 5.3 5.3 4.5 4.9 4.2 4.5 5.2 3.8 5.7 5.3 4.7 4.5 3.9Aurora-North 9.1 22.4 8.7 8.2 7.6 5.4 9.4 8.0 6.3 6.2 6.4 8.5 8.4 10.9 4.3 4.1 6.2 6.4 13.7 11.8 22.2 17.3 11.8 9.0 10.7 10.3 6.1 9.0 7.3 5.6 6.4 4.0 6.0 5.4 2.7 3.2 42.6* 4.0 5.6 1.1 3.7 0.9 2.3Commerce City/Brighton 23.2 12.5 6.3 13.1 10.3 7.8 4.1 7.3 4.2 4.3 5.6 9.4 3.2 3.2 3.7 4.8 5.2 4.0 5.2 8.3 8.3 7.9 2.3 7.2 2.1 4.0 3.4 5.9 5.0 1.9 6.6 4.7 4.4 5.9 4.9 3.8 5.8 3.8 2.8 2.8 21.0* 9.2 3.5Northglenn/Thornton 7.8 8.7 7.9 8.7 10.7 7.7 7.5 7.7 6.6 5.6 6.1 6.9 7.1 6.6 7.2 8.7 6.6 7.9 8.8 8.9 8.2 8.7 6.0 6.3 5.6 4.6 4.2 4.5 4.4 4.9 5.5 6.1 4.8 5.3 4.4 4.8 3.5 3.6 6.1 6.3 4.0 4.4 4.2Westminster 9.5 8.9 7.3 13.6 10.8 9.8 8.1 8.6 7.5 6.8 6.7 7.5 8.3 6.1 5.1 6.7 6.4 5.9 5.6 8.5 7.3 7.5 7.4 6.2 8.6 5.5 4.6 6.8 6.6 5.7 5.0 4.5 4.2 4.5 4.1 4.3 4.1 4.0 5.5 4.5 4.2 4.5 3.6Arapahoe County 10.8 9.8 9.2 10.1 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 4.6 4.6Arapahoe Co-South 6.6 10.5 12.0 11.0 8.1 7.3 6.6 7.5 7.0 5.9 6.6 6.4 5.6 3.8 3.9 4.8 4.8 3.0 4.4 5.5 6.4 4.3 5.3 3.9 3.1 3.0 2.4 3.4 2.8 2.8 3.0 4.0 3.9 3.1 3.2 3.3 3.4 2.6 3.7 3.4 3.1 2.7 3.1Arapahoe Co-Southeast 7.3 6.4 5.2 6.1 8.0 4.8 4.2 5.6 5.6 5.4 3.9 7.6 4.4 5.1 4.4 5.3 11.2 5.7 6.3 9.0 15.7 10.5 6.9 7.8 6.0 4.9 3.9 4.8 5.8 4.2 4.6 5.6 6.0 4.1 3.6 4.9 4.2 3.9 4.3 5.9 5.3 5.8 9.4*Aurora-Central NE 13.0 9.6 7.4 9.5 7.9 10.0 8.9 9.2 11.2 11.8 12.5 9.6 8.4 10.7 8.9 7.1 7.0 5.3 13.0 11.9 11.9 13.5 12.4 15.1 7.2 8.9 5.7 6.2 7.5 8.6 7.9 7.9 13.2 5.9 3.8 3.8 2.3 4.1 3.0 3.0 3.2 4.4 3.7Aurora-Central NW 11.0 9.2 10.2 9.6 9.2 7.4 6.0 8.6 8.0 6.8 14.6 7.1 7.2 6.1 4.8 7.0 7.3 6.2 8.1 10.3 13.9 12.8 9.5 9.8 7.5 5.8 4.7 5.1 6.2 6.0 6.2 6.6 6.2 5.5 5.2 6.1 5.3 4.7 6.4 5.6 4.5 4.1 4.0Aurora-Central SE 13.7 10.4 9.4 8.3 8.2 7.6 5.8 7.3 6.7 7.4 6.4 6.8 6.9 4.9 4.2 4.2 5.2 7.8 10.0 10.0 14.3 14.1 7.0 7.3 5.6 5.5 4.9 5.3 4.5 4.5 4.7 5.7 4.6 4.6 4.6 4.9 3.8 3.0 3.4 3.3 3.5 3.4 3.3Aurora-Central SW 9.8 9.2 11.3 12.0 11.4 8.3 8.3 8.6 8.8 7.5 8.1 10.4 13.5 7.0 5.3 5.8 5.9 5.6 7.4 8.4 6.6 8.6 9.3 7.8 9.1 8.7 12.2 10.2 8.2 7.2 7.0 9.9 9.1 7.9 6.1 7.6 3.8 3.4 3.6 4.1 3.7 4.2 4.0Aurora-South 12.8 11.2 10.1 10.6 8.6 6.8 6.9 7.1 6.8 5.7 4.2 5.6 7.7 7.1 5.1 6.8 5.2 6.5 5.7 7.0 7.9 12.4 7.8 8.9 8.6 8.1 8.4 8.2 8.4 6.0 6.7 7.8 6.7 6.0 4.7 4.5 4.3 6.2 6.3 7.3 5.5 6.0 4.6Englewood/Sheridan 9.4 8.8 6.7 9.6 10.2 7.2 6.0 7.5 6.7 6.5 5.1 6.6 7.0 6.6 5.5 5.4 5.1 4.4 5.1 7.4 7.4 8.4 13.7 9.3 7.6 5.6 5.6 5.2 4.3 5.0 4.1 5.3 2.7 4.8 3.8 4.3 4.4 5.6 3.8 4.6 3.9 4.3 3.6Glendale 12.0 12.4 8.2 11.8 8.0 9.1 9.5 7.1 6.4 9.0 7.5 8.3 8.2 6.6 6.3 7.6 9.0 7.3 7.5 8.5 8.9 10.0 9.7 9.6 8.0 6.6 6.1 6.2 6.9 5.0 5.5 5.4 5.1 6.4 6.9 3.6 5.0 7.6 7.3 7.1 6.7 5.7 4.9Littleton 8.2 7.0 8.0 10.1 8.7 6.1 6.7 7.1 5.5 5.5 4.9 5.8 5.6 4.7 4.4 5.5 5.7 5.0 4.4 7.3 5.2 6.6 5.0 10.9 5.7 3.2 3.5 3.8 2.9 4.5 2.9 5.2 4.1 3.9 4.7 5.5 3.5 2.4 3.2 3.8 3.5 3.3 6.1Boulder/Broomfield 11.0 9.5 6.0 9.0 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 4.4 3.3Boulder County-Other 13.9 7.6 6.6 8.6 8.3 10.1 4.9 5.2 7.6 7.2 4.5 5.5 3.9 3.7 5.2 3.3 3.3 4.3 3.6 6.6 6.0 5.1 4.9 4.9 5.3 3.8 5.0 3.8 10.0 6.4 4.3 4.0 3.3 4.6 3.3 3.5 4.7 3.7 3.4 3.8 3.7 6.3 4.2Broomfield 8.8 9.8 9.4 10.6 18.2 9.9 11.6 12.0 8.9 7.5 4.3 5.6 4.8 4.5 4.1 6.0 4.9 4.9 5.5 7.2 6.7 7.0 4.0 5.1 5.1 4.3 4.1 5.2 5.7 5.7 5.7 5.8 4.8 4.1 3.9 6.2 4.5 4.5 3.3 3.6 4.3 4.5 3.6City of Bldr-Except Unv. 7.5 10.9 3.9 9.1 8.1 8.0 7.4 4.7 6.0 8.8 6.0 5.6 4.3 3.2 2.6 2.0 3.2 3.3 2.4 3.0 3.6 6.6 7.2 5.8 4.9 6.9 2.6 3.5 3.1 4.7 4.6 3.5 4.6 4.4 1.8 1.9 1.4 3.4 1.0 3.9 22.0* 4.2 3.1City of Bldr-Unv. Area 10.0 5.5 2.8 6.5 8.1 3.1 4.0 5.0 2.8 3.0 4.1 1.6 0.8 5.9 1.9 3.7 3.8 4.4 1.1 0.6 2.4 11.4 3.5 2.0 1.5 4.2 1.1 0.6 0.0 0.4 0.0 0.3 0.1 0.0 0.3 0.2 0.3 0.5 2.0 0.0 1.8 2.3 2.3Longmont 13.3 11.7 5.1 8.5 11.4 10.0 7.9 6.4 6.3 4.7 4.5 7.6 8.4 3.9 3.2 11.5 15.1 19.6 10.5 8.7 8.9 9.1 7.8 12.8 6.4 5.0 3.0 2.6 2.8 2.6 5.0 4.9 3.6 2.2 2.9 2.7 2.3 3.6 2.6 3.3 1.3 3.0 2.5Denver City/County 10.2 10.1 8.3 9.8 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 5.6 3.5Denver-Central/Capitol Hill 9.2 8.9 7.3 8.1 8.2 9.3 9.7 9.3 7.1 6.0 7.0 6.7 7.0 5.1 5.9 5.0 4.7 5.4 6.6 7.6 9.5 9.6 7.3 7.7 7.3 6.9 6.2 5.2 3.7 3.6 3.2 3.8 2.6 3.7 2.5 2.9 2.9 4.1 4.6 5.6 6.4 6.5 2.3Denver-Downtown 11.3 9.2 6.0 10.6 8.3 7.3 8.3 5.0 3.3 4.9 8.0 6.7 7.8 7.1 4.3 4.9 3.6 4.6 5.4 7.6 8.4 7.8 7.2 6.8 5.9 9.3 5.2 5.6 5.1 3.3 3.6 4.4 4.0 4.9 5.7 11.1* 9.6* 6.9 6.1 10.9 11.8* 7.7 4.3Denver-East Central/Lowry 18.5 16.4 1.9 11.7 15.3 9.7 20.1 17.3 13.6 6.1 6.5 7.9 8.0 7.8 5.5 5.0 5.5 5.8 4.4 7.5 8.0 8.5 5.5 6.4 7.2 6.8 5.5 7.7 6.9 5.2 5.3 5.6 6.3 4.7 6.6 6.9 6.8 4.2 4.1 6.2 5.5 4.3 3.8Denver-Far SE 10.3 12.8 9.5 11.0 11.4 10.6 8.6 10.5 8.7 10.0 9.7 6.2 6.9 5.2 5.3 5.3 5.0 6.7 7.0 8.7 10.9 16.4 14.7 15.5 9.6 9.4 5.1 5.1 4.3 4.5 5.1 5.8 5.6 5.3 4.4 4.6 4.5 4.3 4.0 5.3 5.2 3.6 3.2Denver-North Central/City Park 10.0 6.3 7.3 8.0 11.7 7.7 3.1 3.2 3.8 5.1 3.1 6.7 1.8 1.6 3.0 3.4 2.4 3.8 4.0 5.2 4.4 10.2 5.0 8.9 5.7 8.8 2.3 1.2 2.3 4.2 0.9 2.3 4.9 2.3 1.5 5.1 3.3 2.1 3.2 3.2 5.7 4.1 2.2Denver-Northeast 6.8 8.2 13.7 11.4 8.3 12.5 24.9 12.8 10.9 13.7 4.1 7.3 7.2 6.9 5.5 6.0 8.1 7.3 7.6 8.1 4.6 6.6 7.9 6.1 5.2 6.8 4.5 4.8 5.7 5.1 4.4 5.8 4.9 4.8 3.9 6.5 4.2 4.8 3.1 6.3 2.9 4.8 3.5Denver-Northwest 15.8 6.3 7.2 12.9 8.8 6.3 5.7 11.7 4.3 5.4 6.2 3.1 4.3 6.7 3.7 3.7 5.1 5.0 5.1 7.9 5.6 4.5 3.5 5.3 4.5 5.1 5.5 4.1 8.6 3.0 2.7 5.5 3.2 5.2 3.3 3.6 0.0 1.2 3.8 3.9 19.9* 12.0 2.6Denver-South Central/Wash Park 15.1 12.9 17.0 12.9 12.4 8.3 22.5 14.7 12.3 12.7 13.1 14.0 12.1 9.6 7.2 6.6 8.8 9.9 7.5 9.1 8.0 9.4 10.0 11.0 11.8 9.8 8.6 4.4 4.6 4.9 5.8 3.4 3.5 4.2 4.1 4.0 4.9 6.1 10.0 6.5 8.8 18.4 7.1Denver-Southeast 9.6 8.3 6.9 7.5 7.6 7.0 7.9 7.0 8.4 6.2 4.4 6.7 7.1 6.3 6.9 6.9 4.5 4.3 5.1 8.5 7.9 7.4 7.2 6.8 5.0 5.3 4.8 4.8 4.9 4.2 4.2 4.1 3.4 6.2 4.8 7.6 6.1 3.1 3.6 4.5 3.5 3.4 3.6Denver-Southwest 5.4 8.4 5.4 7.5 6.9 6.7 6.1 5.7 5.2 5.6 7.7 6.3 6.3 5.4 6.8 4.1 6.1 6.0 5.4 6.9 5.9 5.3 5.9 5.8 5.4 5.3 4.2 5.4 4.6 3.7 4.2 5.4 3.4 3.9 2.9 2.6 4.1 4.9 3.4 4.0 9.9 1.9 1.8Denver-West Central 6.1 7.3 9.9 13.9 11.9 7.4 12.1 9.2 7.8 13.0 6.7 6.3 5.4 5.8 8.4 15.0 5.6 4.5 4.5 6.9 2.3 8.6 10.1 7.8 11.9 10.2 6.8 2.8 4.1 1.4 0.7 2.7 0.0 2.7 8.2 5.9 6.2 3.3 3.1 4.6 3.1 2.7 3.2Douglas County 14.5 9.8 9.2 10.1 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 3.8 3.7Castle Rock 16.6 11.8 10.0 13.3 11.4 10.4 12.5 10.4 10.8 7.2 6.4 6.6 8.0 5.9 5.4 7.3 6.7 7.3 6.9 7.7 7.9 9.4 8.5 11.0 6.3 4.6 5.2 5.7 5.2 4.2 4.4 5.5 3.6 2.9 2.4 4.6 4.1 1.4 1.5 1.9 1.7 2.3 3.1Douglas County-North 13.6 8.9 8.9 9.3 7.4 5.3 6.6 7.5 7.3 5.5 6.4 7.2 6.0 5.8 5.6 6.9 6.0 8.6 5.7 7.3 6.9 4.9 3.9 4.9 4.2 3.8 4.3 5.1 5.4 3.7 3.7 4.6 5.0 4.1 4.5 4.2 6.8 3.1 3.9 5.6 4.0 4.0 3.8Jefferson County 9.1 9.1 8.5 9.3 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 3.7 3.2Arvada 10.7 11.0 8.3 12.4 9.6 9.8 7.6 11.1 7.9 9.2 7.9 6.2 8.1 8.0 4.7 5.4 6.4 6.0 5.1 5.6 8.1 6.7 5.7 7.3 5.6 4.9 3.4 4.5 4.4 3.8 4.9 4.6 3.8 1.9 3.5 4.1 4.5 3.8 3.4 3.9 4.2 3.2 4.5Golden 14.3 15.1 17.7 12.6 10.2 10.0 4.8 7.3 8.1 6.7 6.0 7.2 5.3 10.4 5.5 5.5 5.8 5.7 5.1 8.4 7.5 9.4 8.1 7.5 7.5 6.0 3.8 6.2 6.1 6.0 4.8 3.9 4.2 4.6 2.6 2.1 3.7 4.9 3.1 3.6 3.3 3.7 2.1Lakewood-North 7.0 7.3 6.2 7.7 6.4 7.3 6.7 8.0 8.0 8.2 8.1 6.4 6.5 8.0 5.9 7.1 6.2 8.1 6.9 6.9 7.8 6.3 5.2 8.8 5.9 4.5 4.9 4.8 5.1 4.2 4.9 4.5 3.2 3.7 5.4 4.3 4.9 4.3 3.1 3.4 3.2 3.4 2.9Lakewood-South 7.9 8.1 7.5 8.3 8.4 7.3 6.5 6.5 6.1 6.4 6.6 6.6 6.0 6.7 5.3 5.6 5.3 5.2 6.7 7.6 7.0 6.5 6.2 6.4 5.0 5.4 3.8 4.2 4.6 4.8 4.1 4.4 4.0 4.6 3.6 4.6 3.2 3.3 4.0 5.6 3.3 3.9 2.9Wheat Ridge 12.4 12.3 10.2 11.7 11.5 13.1 10.6 10.8 16.2 9.2 9.7 7.2 6.7 6.9 4.7 8.6 6.1 7.9 9.1 9.2 12.2 12.5 9.2 11.7 13.9 10.9 4.8 3.8 2.7 3.4 3.7 3.9 3.4 3.6 2.3 3.6 3.2 3.2 2.5 3.5 3.2 3.5 2.7Metro Average 10.5 9.7 8.5 10.0 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 4.7 3.9
* vacancy rate affected by new units leasing up
2014
Vacancy Rates by County and Market Area(In Percent)
2007200620052004 2008 2009 201320112010 2012
I-6
Number Vacant Units Reporting Vacancy RateTotals for Denver Area 4,430 114,617 3.9
By CountyAdams 650 16,676 3.9Arapahoe 1,750 38,243 4.6Boulder 294 9,025 3.3Denver 956 27,489 3.5Douglas 306 8,338 3.7Jefferson 474 14,846 3.2
By Market AreaAdams CountyAurora-North 4 175 2.3Commerce City/Brighton 29 825 3.5Northglenn/Thornton 356 8,475 4.2Westminster 261 7,201 3.6Arapahoe CountyArapahoe County - South 90 2,880 3.1Arapahoe County - Southeast 287 3,050 9.4Aurora - Central Northeast 64 1,718 3.7Aurora - Central Northwest 170 4,233 4.0Aurora - Central Southeast 137 4,142 3.3Aurora - Central Southwest 204 5,100 4.0Aurora - South 423 9,276 4.6Englewood, Sheridan 108 3,017 3.6Glendale 118 2,389 4.9Littleton 149 2,438 6.1Boulder/Broomfield CountiesBoulder County - Other 88 2,079 4.2Broomfield 93 2,599 3.6City of Boulder - Except University 32 1,043 3.1City of Boulder - University Area 22 965 2.3Longmont 59 2,339 2.5Denver City/CountyDenver - Central/Capitol Hill 85 3,631 2.3Denver - Downtown 223 5,211 4.3Denver - East Central/Lowry 24 631 3.8Denver - Far Southeast 203 6,419 3.2Denver - North Central/City Park 10 452 2.2Denver - Northeast 91 2,584 3.5Denver - Northwest 14 538 2.6Denver - South Central/Wash Park 113 1,598 7.1Denver - Southeast 142 3,907 3.6Denver - Southwest 38 2,117 1.8Denver - West Central 13 401 3.2Douglas CountyCastle Rock 37 1,180 3.1Douglas County - North 269 7,158 3.8Jefferson CountyArvada 136 3,000 4.5Golden 15 714 2.1Lakewood - North 62 2,149 2.9Lakewood - South 225 7,639 2.9Wheat Ridge 36 1,344 2.7
* vacancy rate affected by new units leasing up
Current Survey Responses
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 – West 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, Denver- Boulder 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 Westminster.
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.
Graphs
Vacancy Rate by Quarter II-1Average Rent by Quarter II-1Vacancy Rate by Market Area II-2Vacancy Rate by County by Quarter II-2Vacancy Rate by Size of Building II-3Vacancy Rate by Age of Building II-3Average Rents by Market Area II-4Average Rent by County by Apartment Type II-4Rent per Square Feet by Apartment Type II-5Rent per Square Feet by Apartment Unit Size II-5Rental Losses by Quarter II-6Estimate of Total Apartments by Year II-6New Apartment Units Added in Metro Area by Year II-7Apartment Units Built in Current Quarter II-7Units Absorbed per Year II-8Monthly Resident Turnover II-8Vacancy Rates by County by Apartment Type II-9Vacancy Rate by Apartment Type by Quarter II-9Median Rent by County by Quarter II-10Average Rent by Size of Building II-10
TablesVacancy Rates by County II-11Vacancy Rates by Size of Building by County II-12Vacancy Rates by Size of Apartment Unit by County II-13Vacancy Rates by Age of Building by County II-14Vacancy Rates by Apartment Type by County II-15
Average Rents by Apartment Type by County II-16Average Rents by Age of Building by County II-17Average Rents by Size of Building by County II-18
Average Rent per Square Foot by Apartment Type by County II-19Average Rent per Square Foot by Apartment Unit Size by County II-20
Rental Losses by Size, Age and County II-21Economic Vacancy Rates by Size, Age and County II-22
Average Rents for the Metropolitan Area II-23Average Rents for Buildings with Up to Six Units II-24Average Rents for Buildings with Seven to Thirty-Six Units II-25Average Rents for Buildings with Thirty-Seven and Above Units II-26Average Rents for Buildings with Five Stories and Above II-27
Median Rents by Apartment Type by County II-28Average Rent for Apartment Building/Community Features and Amenities II-29
Estimate of New Apartments by County by Quarter II-30Apartment Unit Absorption by Quarter and Year II-31Monthly Resident Turnover by Size, Age and County II-32Vacancy Rates During the Current Quarter - Cumulative Totals II-33
Table of Contents
Section II - Metro Area
II-1
0
2
4
6
8
10
12
14
16
81 Q
181
Q3
82 Q
182
Q3
83 Q
183
Q3
84 Q
184
Q3
85 Q
185
Q3
86 Q
186
Q3
87 Q
187
Q3
88 Q
188
Q3
89 Q
189
Q3
90 Q
190
Q3
91 Q
191
Q3
92 Q
192
Q3
93 Q
193
Q3
94 Q
194
Q3
95 Q
195
Q3
96 Q
196
Q3
97 Q
197
Q3
98 Q
198
Q3
99 Q
199
Q3
00 Q
100
Q3
01 Q
101
Q3
02 Q
102
Q3
03 Q
103
Q3
04 Q
104
Q3
05 Q
105
Q3
06 Q
106
Q3
07 Q
107
Q3
08 Q
108
Q3
09 Q
109
Q3
10 Q
110
Q3
11 Q
111
Q3
12 Q
112
Q3
13 Q
113
Q3
14 Q
114
Q3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter
0
200
400
600
800
1000
1200
1400
81 Q
181
Q3
82 Q
182
Q3
83 Q
183
Q3
84 Q
184
Q3
85 Q
185
Q3
86 Q
186
Q3
87 Q
187
Q3
88 Q
188
Q3
89 Q
189
Q3
90 Q
190
Q3
91 Q
191
Q3
92 Q
192
Q3
93 Q
193
Q3
94 Q
194
Q3
95 Q
195
Q3
96 Q
196
Q3
97 Q
197
Q3
98 Q
198
Q3
99 Q
199
Q3
00 Q
100
Q3
01 Q
101
Q3
02 Q
102
Q3
03 Q
103
Q3
04 Q
104
Q3
05 Q
105
Q3
06 Q
106
Q3
07 Q
107
Q3
08 Q
108
Q3
09 Q
109
Q3
10 Q
110
Q3
11 Q
111
Q3
12 Q
112
Q3
13 Q
113
Q3
14 Q
114
Q3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter
II-2
0
1
2
3
4
5
6
7
8
9
10
Auro
ra-N
orth
Com
mer
ce C
ity
Nor
thgl
enn/
Thor
nton
Wes
tmin
ster
Arap
ahoe
Co-
Sout
h
Arap
ahoe
Co-
Sout
heas
t
Auro
ra-C
entra
l NE
Auro
ra-C
entra
l NW
Auro
ra-C
entra
l SE
Auro
ra-C
entra
l SW
Auro
ra-S
outh
Engl
ewoo
d/Sh
erid
an
Gle
ndal
e
Littl
eton
Boul
der C
ount
y-O
ther
Broo
mfie
ld
City
of B
ldr-E
xcep
t Unv
.
City
of B
ldr-U
nv. A
rea
Long
mon
t
Den
ver-C
entra
l/Cap
itol H
ill
Den
ver-D
ownt
own
Den
ver-E
ast C
entra
l/Low
ry
Den
ver-F
ar S
E
Den
ver-N
orth
Cen
tral/C
ity P
ark
Den
ver-N
orth
east
Den
ver-N
orth
wes
t
Den
ver-S
outh
Cen
tral/W
ash
Park
Den
ver-S
outh
east
Den
ver-S
outh
wes
t
Den
ver-W
est C
entra
l
Cas
tle R
ock
Dou
glas
Cou
nty-
Nor
th
Arva
da
Gol
den
Lake
woo
d-N
orth
Lake
woo
d-So
uth
Whe
at R
idge
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area
0
1
2
3
4
5
6
7
8
Adams Arapahoe Boulder/Broomfield
Denver Douglas Jefferson Metro Average
Perc
ent V
acan
t
County
Vacancy Rate by County by Quarter
13 Q4
14 Q1
14 Q2
14 Q3
II-3
0
2
4
6
8
10
12
14
16
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building
13 Q414 Q114 Q214 Q3
0
1
2
3
4
5
6
7
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building
13 Q414 Q114 Q214 Q3
II-4
0
200
400
600
800
1000
1200
1400
1600
1800Au
rora
-Nor
th
Com
mer
ce C
ity
Nor
thgl
enn/
Thor
nton
Wes
tmin
ster
Arap
ahoe
Co-
Sout
h
Arap
ahoe
Co-
Sout
heas
t
Auro
ra-C
entra
l NE
Auro
ra-C
entra
l NW
Auro
ra-C
entra
l SE
Auro
ra-C
entra
l SW
Auro
ra-S
outh
Engl
ewoo
d/Sh
erid
an
Gle
ndal
e
Littl
eton
Boul
der C
ount
y-O
ther
Broo
mfie
ld
City
of B
ldr-E
xcep
t Unv
.
City
of B
ldr-U
nv. A
rea
Long
mon
t
Den
ver-C
entra
l/Cap
itol H
ill
Den
ver-D
ownt
own
Den
ver-E
ast C
entra
l/Low
ry
Den
ver-F
ar S
E
Den
ver-N
orth
Cen
tral/C
ity P
ark
Den
ver-N
orth
east
Den
ver-N
orth
wes
t
Den
ver-S
outh
Cen
tral/W
ash…
Den
ver-S
outh
east
Den
ver-S
outh
wes
t
Den
ver-W
est C
entra
l
Cas
tle R
ock
Dou
glas
Cou
nty-
Nor
th
Arva
da
Gol
den
Lake
woo
d-N
orth
Lake
woo
d-So
uth
Whe
at R
idge
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Adams Arapahoe Boulder/ Broomfield Denver Douglas Jefferson Metro Average
Ren
t (in
dol
lars
)
County
Average Rent by County by Apartment Type
Efficiency1 Bed2 Bed, 1 Bath2 Bed, 2 Bath3 Bed
II-5
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type
13 Q4
14 Q1
14 Q2
14 Q3
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size
13 Q414 Q114 Q214 Q3
II-6
0
2
4
6
8
10
12
14
16
18
20
90 Q
190
Q2
90 Q
390
Q4
91 Q
191
Q2
91 Q
391
Q4
92 Q
192
Q2
92 Q
392
Q4
93 Q
193
Q2
93 Q
393
Q4
94 Q
194
Q2
94 Q
394
Q4
95 Q
195
Q2
95 Q
395
Q4
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Loss
(in
perc
ent)
Quarter
Rental Losses by Quarter
200,000
220,000
240,000
260,000
280,000
300,000
320,000
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
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year
II-7
5600
4500
3800
7500
9300 9400
6300 6200
2799
1166 889
253 446
2033 1729
5669
6445
3526
5594
7761
5626
7949
9123
3584
2548 2517
3791
2262
2887
3791
498
1146 1973
2152
3174
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
1000080 81 82 83 84 85 86 87 88 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
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added in Metro Area by Year
322
548
386
0 0 0
1256
0
200
400
600
800
1000
1200
1400
Adams Arapahoe Boulder Denver Douglas Jefferson Metro Totals
Num
ber o
f Apa
rtm
ent U
nits
County
Apartment Units Built in Current Quarter
II-8
-4000
-2000
0
2000
4000
6000
8000
10000
12000
1400080 81 82 83 84 85 86 87 88 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 14N
umbe
r of A
part
men
t Uni
ts
Year
Units Absorbed per Year
0
2
4
6
8
10
12
96 Q
1
96 Q
3
97 Q
1
97 Q
3
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Turn
over
(in
perc
ent)
Year
Monthly Resident Turnover
II-9
0
1
2
3
4
5
6
Adams Arapahoe Boulder Denver Douglas Jefferson Metro Average
Perc
ent V
acan
t
County
Vacancy Rates by County by Apartment Type
Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All
0
1
2
3
4
5
6
7
8
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Quarter
Vacancy Rate by Apartment Type by Quarter
13 Q4 14 Q1
14 Q2 14 Q3
II-10
0
200
400
600
800
1000
1200
1400
Adams Arapahoe Boulder Denver Douglas Jefferson Metro Area
Ren
t (in
dol
lars
)
County
Median Rent by County by Quarter
13 Q4 14 Q1
14 Q2 14 Q3
$1,009.95 $913.03
$1,151.88 $1,261.83
0
200
400
600
800
1000
1200
1400
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building
II-11
County 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 2nd 3rd 4th 1st 2nd 3rd 4th
Adams 10.6 8.7 7.7 8.1 7.0 6.1 6.4 7.4 7.8 6.3 5.9 7.4 6.4 6.8 7.5 8.8 8.4 8.5 6.7 6.3 6.8 5.2 4.4 5.7 5.6 5.2 5.3 5.3 4.5 4.9 4.2 4.5 5.2 3.8 5.7 5.3 4.7 4.5 3.9
1.0 -1.2 0.1 -3.6 -3.6 -2.6 -1.4 -0.7 0.8 0.2 -0.5 0.0 -1.3 0.4 1.5 1.4 1.9 1.8 -0.8 -2.5 -1.6 -3.3 -2.2 -0.6 -1.2 0.0 0.9 -0.5 -1.1 -0.3 -1.1 -0.7 0.6 -1.1 1.4 0.8 -0.4 0.7 -1.8
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 5.1 4.6
Arapahoe 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 4.6 4.6
-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 0.1 -0.2
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 4.8 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 4.4 3.3
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 0.6 0.5
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 4.3 4.4
Denver 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 5.6 3.5
-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 1.1 -1.1
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 5.8 5.5
Douglas 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 3.8 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 0.8 0.2
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 4.0 4.0
Jefferson 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 3.7 3.2
-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 -0.1 -0.4
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 3.8 3.7
Metro Average 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 4.7 3.9
-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 0.5 -0.6
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 4.9 4.7
* vacancy rate affected by new units leasing up
2013
Vacancy Rates by County
2014
Due to rounding of the vacancy rate, numbers may not always add exactly.
Third Figure = Twelve Month AverageSecond Figure = Change from Year AgoFirst Figure = Rate for Quarter in Percent
Boulder/ Broomfield
2005 2006 2007 2011
20122009 20102008
II-12
County 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 2nd 3rd 4th 1st 2nd 3rd 4thAdams Up to 8 10.0 7.7 9.1 0.0 0.0 0.0 15.4 0.0 0.0 0.0 0.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
9 to 50 9.6 6.7 6.4 11.3 4.0 3.9 7.4 3.8 1.0 12.1 0.0 3.8 7.4 10.6 7.0 7.2 7.7 10.6 10.1 7.7 7.1 8.8 7.9 6.9 4.5 5.9 6.6 2.9 3.9 5.7 3.6 3.4 1.3 2.8 4.7 4.1 1.9 1.9 2.951 to 99 11.9 7.7 6.5 5.6 9.6 5.2 5.8 12.5 16.6 9.4 6.3 7.7 6.9 5.1 4.3 4.7 8.2 10.2 8.7 9.4 10.3 8.7 9.8 7.8 8.3 6.3 4.1 5.3 1.2 2.8 3.4 3.4 2.6 2.1 1.3 2.9 9.9 1.7 2.7100 to199 8.8 7.5 8.0 6.2 5.6 6.1 6.8 9.1 8.6 5.4 5.6 5.6 5.7 4.2 5.8 9.4 7.5 9.1 10.2 5.7 6.2 5.8 5.9 6.1 6.5 3.8 6.2 5.2 3.4 6.4 6.3 3.8 3.0 3.3 3.7 3.0 3.5 5.0 5.1200 to 349 11.1 8.5 7.8 8.2 6.3 5.8 6.3 6.9 7.7 5.9 5.9 6.6 6.4 6.8 7.3 8.6 8.6 7.7 6.8 6.9 8.1 5.3 4.4 6.6 6.1 5.2 5.3 5.2 4.9 4.8 4.0 4.7 4.3 4.0 5.9 6.7 6.0 4.8 3.2350 up 10.5 10.0 7.7 8.9 8.2 6.8 6.3 7.1 7.2 7.0 6.2 9.0 6.9 7.5 8.3 9.2 8.4 9.2 5.1 5.7 4.9 4.5 3.4 4.4 4.5 5.8 5.1 5.4 4.6 4.7 3.9 4.6 6.5 3.8 6.4 4.8 3.7 4.4 4.7
Arapahoe Up to 8 10.6 11.8 8.0 6.3 7.3 10.8 8.8 5.6 5.9 11.0 3.8 1.6 2.7 1.4 8.5 0.0 5.0 1.8 5.2 10.0 2.0 1.8 1.6 1.8 6.1 11.1 6.8 0.0 2.4 5.6 7.9 3.9 8.2 0.0 0.0 5.6 1.8 0.0 2.9 9 to 50 10.4 11.7 6.0 7.8 5.3 8.8 4.8 15.2 14.3 8.2 6.4 1.8 5.8 3.6 6.9 9.0 10.4 14.2 8.9 13.7 9.2 9.7 4.9 9.7 5.6 2.9 3.0 6.3 3.3 1.2 2.1 4.9 3.8 3.0 0.8 1.9 3.1 2.1 2.3 51 to 99 9.3 8.9 9.1 9.6 7.9 9.0 8.3 15.3 6.8 7.6 4.7 4.3 10.8 5.5 8.3 8.5 7.9 10.8 10.6 6.4 8.8 8.5 5.1 4.2 4.0 4.4 2.6 3.0 1.4 6.8 2.9 1.8 1.8 5.2 2.0 2.6 2.8 5.2 4.6 100 to 199 9.5 8.8 6.9 5.0 7.2 7.2 7.6 7.5 9.0 7.2 6.6 7.5 5.0 5.3 4.9 6.6 7.0 6.3 8.3 9.2 9.1 7.5 5.8 5.4 5.4 5.8 5.6 4.7 4.5 4.3 3.7 3.9 4.2 4.5 4.4 4.1 4.6 4.4 4.2 200 to 349 8.2 7.1 5.8 7.1 6.6 5.8 5.1 6.7 7.2 5.0 4.4 5.2 6.3 5.6 7.5 8.7 10.4 9.3 8.7 7.4 5.6 5.0 5.8 5.5 5.1 4.4 4.3 5.1 4.9 4.3 4.2 5.2 4.1 3.9 3.7 4.4 4.0 4.2 4.8
350 up 9.2 6.8 7.8 8.3 7.5 7.6 8.2 6.9 8.0 6.7 5.1 6.5 6.7 6.5 6.7 8.2 9.8 12.9 8.3 9.2 7.9 7.1 7.8 7.7 7.9 6.3 6.6 8.7 7.8 6.8 5.5 5.2 4.3 5.0 5.8 6.1 4.8 5.1 4.6Up to 8 12.3 10.2 3.6 2.1 7.3 9.1 7.3 0.0 2.1 5.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.7 3.6 0.0 2.7 0.0 0.0 0.0 0.0 0.0 5.8 1.7 3.3 4.7 4.7 0.0 2.0 2.0 1.9 1.9 0.0 2.6 2.29 to 50 4.0 5.7 8.0 5.4 4.8 4.4 4.5 2.6 2.4 3.3 3.3 2.1 1.6 2.2 4.4 1.6 2.1 5.5 3.7 5.4 2.5 2.4 2.0 1.3 1.4 0.7 0.3 0.0 0.4 1.9 1.4 0.4 1.5 1.0 0.0 0.0 4.8 1.9 0.5
51 to 99 11.0 8.0 5.2 5.1 3.7 6.8 6.5 5.8 2.2 2.5 3.2 3.6 5.0 2.9 5.2 4.1 2.9 7.3 3.4 5.8 6.0 8.3 1.4 6.2 4.4 2.0 1.7 1.4 1.3 1.7 2.0 0.7 1.1 4.4 1.6 5.2 7.8 3.7 4.1100 to 199 7.8 10.0 5.3 6.2 6.9 7.3 5.0 4.5 4.3 5.9 2.8 3.4 4.2 3.7 3.9 4.8 4.8 7.7 4.8 5.5 4.7 5.8 3.0 2.4 2.8 3.9 4.6 2.7 3.9 3.8 1.4 2.2 1.9 3.4 2.0 3.4 5.6 3.9 2.6
200 to 349 11.8 7.8 7.0 8.9 6.4 7.9 4.9 6.9 5.7 4.0 3.6 5.8 5.4 7.2 4.4 5.3 5.3 6.2 6.7 5.8 6.1 5.3 3.5 3.6 6.2 5.4 4.6 5.1 3.9 3.7 2.8 4.2 2.8 3.8 3.0 3.3 8.9 3.8 3.2350 up 13.8 9.7 10.5 7.0 9.0 6.0 3.9 4.8 4.1 2.3 4.7 7.4 7.8 8.4 5.6 9.1 9.1 8.4 4.9 5.9 4.1 3.9 4.3 4.5 4.7 4.8 5.8 5.2 4.4 3.7 4.1 4.3 4.6 4.1 3.3 3.5 4.0 5.7 4.2
Denver Up to 8 10.6 8.0 6.1 9.0 4.9 8.6 4.9 3.2 5.1 5.1 5.2 8.4 7.1 7.1 7.0 8.8 6.9 4.3 3.7 2.6 5.2 5.6 3.3 3.6 1.7 3.1 2.4 2.1 0.7 3.9 1.7 4.6 2.4 3.2 4.7 5.0 0.8 2.2 1.3 9 to 50 12.3 11.4 12.7 11.4 8.2 7.3 6.0 6.3 6.4 6.2 7.6 6.1 5.3 5.8 6.6 8.2 6.4 9.1 7.1 9.1 6.6 7.3 6.0 3.9 3.9 4.3 3.4 3.0 2.4 3.8 2.7 3.5 3.1 3.6 3.8 4.4 3.3 7.6 3.5 51 to 99 11.0 8.1 11.2 10.9 7.4 8.0 7.2 6.6 5.7 4.7 5.2 4.5 4.7 4.8 4.9 5.9 4.4 6.0 6.5 8.7 7.9 7.3 6.2 5.8 4.3 6.1 4.4 3.7 4.0 5.2 5.2 4.8 3.1 6.2 6.4 5.4 5.1 4.1 2.5 100 to 199 6.3 5.7 7.9 6.4 6.2 5.0 7.0 7.3 8.0 4.3 4.9 4.0 4.5 4.4 4.4 5.9 8.6 6.3 7.2 6.5 7.4 7.4 6.8 7.5 5.7 3.7 3.3 5.7 4.1 4.0 3.7 3.9 4.5 3.7 4.5 5.9 6.7 6.6 3.5 200 to 349 8.2 7.3 7.0 6.8 7.6 5.9 6.8 6.8 7.5 7.9 6.3 6.3 5.2 6.3 6.3 9.2 10.4 9.6 8.5 7.6 5.4 6.7 4.6 4.8 4.5 3.2 4.5 5.0 4.5 5.4 4.7 9.0* 7.2 5.1 5.1 7.2 10.6 7.2 3.4
350 up 9.9 11.3 12.1 10.5 8.8 10.8 8.4 7.2 7.3 5.3 4.9 5.3 5.2 5.7 6.4 8.0 7.9 12.8 10.0 11.1 8.4 8.5 5.2 5.1 5.2 5.0 4.6 4.8 4.5 4.6 4.4 5.4 4.9 4.4 4.0 5.7 4.7 3.9 3.7Douglas Up to 8 9 to 50 10.8 2.0 0.0 6.0 8.0 4.8 4.0 14.0 10.8 13.3 7.1 14.3 0.0 0.0 0.0 21.4 7.1 14.3 7.1 0.0 0.0 0.0 51 to 99 0.0 3.1 7.8 19.2 0.0 100 to 199 5.9 6.5 4.4 4.3 4.3 4.3 4.3 11.3 4.3 4.8
200 to 349 9.9 6.6 7.5 8.8 8.7 6.5 7.3 7.3 7.7 6.1 5.8 6.5 5.6 7.6 6.0 8.0 7.4 5.9 4.6 5.9 4.1 3.6 4.2 4.8 5.2 3.5 4.0 4.2 4.5 4.5 3.1 4.6 8.6 3.1 3.4 5.1 3.6 4.2 2.7350 up 7.6 6.3 7.5 7.7 7.9 5.3 5.8 6.9 5.7 5.6 5.3 7.3 6.4 8.7 5.8 7.1 6.9 5.5 4.1 5.1 4.5 3.9 4.4 5.4 5.6 3.9 3.7 4.7 5.3 3.3 5.0 4.0 5.1 2.8 3.5 5.0 3.7 3.5 4.2
Jefferson Up to 8 13.0 17.6 9.1 11.1 4.4 5.1 2.4 1.2 3.0 9.6 5.8 6.0 3.5 3.9 4.0 10.3 7.6 7.1 13.8 8.1 5.5 4.4 6.9 3.9 3.8 5.2 3.1 1.7 2.4 1.7 3.0 0.8 2.4 1.5 0.8 1.9 0.0 1.7 2.4 9 to 50 9.1 8.2 9.7 8.3 7.3 7.9 9.1 8.9 7.3 7.9 6.6 6.2 4.9 5.6 4.5 5.9 7.5 7.7 5.8 8.1 5.5 5.9 4.6 3.3 3.0 3.4 3.6 2.8 3.5 3.2 1.4 2.8 2.5 2.0 1.9 2.0 1.9 1.0 1.7 51 to 99 6.8 7.5 6.5 6.0 4.9 7.0 9.2 5.9 5.8 6.7 6.2 5.0 7.8 7.3 8.6 7.7 8.8 9.0 6.0 12.2 6.7 5.8 5.6 4.4 4.3 4.5 4.5 3.1 4.6 4.3 2.5 2.8 3.5 4.1 3.6 2.1 3.5 2.2 1.9 100 to 199 8.3 9.2 7.0 6.9 8.7 8.8 6.6 6.3 7.4 6.4 5.2 5.6 4.8 7.7 6.6 8.5 9.8 8.2 6.4 8.0 7.2 7.0 5.0 4.8 4.6 4.6 4.2 4.2 3.3 3.8 3.2 4.2 3.5 3.4 3.3 2.9 3.1 4.0 2.1 200 to 349 10.4 9.8 8.3 8.6 9.5 8.1 7.9 7.3 6.1 8.6 5.6 6.5 6.3 5.9 7.7 8.4 7.5 8.0 7.5 6.8 5.8 5.3 3.1 4.1 5.0 4.2 3.7 3.9 3.9 3.8 3.8 4.4 4.2 4.3 3.6 7.1 3.6 3.5 3.0
350 up 6.6 5.2 4.4 7.1 4.6 5.2 6.4 5.8 5.7 6.5 4.7 5.5 5.0 4.5 4.7 5.2 5.7 4.7 4.5 6.1 4.7 4.4 3.7 5.0 4.8 5.2 5.7 5.2 3.9 4.3 4.6 4.5 3.3 3.1 4.1 3.3 3.6 4.4 4.3Metro Up to 8 11.0 10.3 6.6 7.6 5.5 8.3 5.7 3.8 4.4 7.2 4.6 6.0 4.8 4.8 5.9 7.2 6.3 4.9 7.1 5.0 4.6 4.2 3.7 3.0 2.8 4.5 3.8 1.5 2.2 3.7 3.3 2.6 3.1 2.0 2.3 3.7 0.6 1.8 2.1Average 9 to 50 10.6 10.1 10.3 10.1 7.3 7.3 6.3 7.5 7.1 6.9 6.9 5.4 5.1 5.5 6.1 7.4 6.8 9.3 7.1 9.3 6.5 7.1 5.5 4.5 3.7 3.7 3.3 3.2 2.6 3.4 2.4 3.4 2.9 3.1 2.9 3.4 3.1 5.2 2.8 51 to 99 9.8 7.9 8.6 8.2 6.9 7.6 7.6 8.7 6.5 6.1 5.3 4.8 6.9 5.4 6.3 6.5 6.5 8.3 7.0 9.3 7.9 7.5 5.9 5.4 4.5 5.0 3.7 3.4 3.2 4.8 3.8 3.3 2.7 5.0 4.2 3.8 5.3 3.6 3.0 100 to 199 8.2 8.1 7.1 6.1 7.1 6.9 6.8 7.1 7.7 5.9 5.3 5.4 4.8 5.2 5.2 7.1 7.8 7.2 7.3 7.4 7.2 7.0 5.5 5.4 5.1 4.5 4.8 4.8 3.9 4.3 3.8 3.8 3.7 3.8 3.8 4.2 4.9 5.0 3.6
200 to 349 9.4 7.8 7.0 7.7 7.4 6.4 6.3 6.9 7.1 6.3 5.3 6.0 5.9 6.3 6.9 8.4 9.0 8.4 7.7 7.1 5.9 5.5 4.6 5.2 5.3 4.3 4.5 4.9 4.6 4.5 4.0 5.5 5.0 4.1 4.3 5.6 6.2 4.8 3.7350 up 9.3 8.0 8.3 8.5 7.6 7.4 7.2 6.8 6.9 6.0 5.2 6.6 6.3 6.6 6.5 7.9 8.3 10.3 7.1 8.2 6.7 6.2 5.7 6.1 6.1 5.6 5.6 6.5 5.9 5.3 4.9 4.9 4.8 4.3 4.9 5.3 4.4 4.5 4.3
* vacancy rate affected by new units leasing up
Boulder/ Broomfield
Number of Units
2014
Vacancy Rates by Size of Building by County
20082007 2009 2012
(In Percent)
201120102005 20132006
II-13
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 2nd 3rd 4th 1st 2nd 3rd 4thAdams
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 6.5 3.1
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 4.1 3.8 3.8
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 4.9 3.7
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 5.0 4.5Arapahoe
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 2.4 3.9 2.8
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 4.7 4.8
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 9.2 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 4.5 4.3
1000 above 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 4.8 4.8
499 below 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 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 3.5 1.2
500 to 749 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 3.9 2.5
750 to 999 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 4.9 3.8
1000 above 13.7 12.2 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 6.0 4.3 3.4Denver
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 4.9 3.1
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 5.9 3.6
750 to 999 8.3 8.3 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 8.5 7.9 10.1 9.3 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 4.9 2.6
1000 above 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 6.7 4.8Douglas
499 below 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 0.0 6.1 6.1 3.0 1.1 35.8
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 1.5 3.4
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 3.3 3.7
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 3.9 4.4 3.7Jefferson
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 2.6 1.0
500 to 749 7.7 7.2 6.1 6.1 6.4 6.5 6.5 5.7 5.1 7.9 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 4.1 3.1
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 3.1 3.4 3.3
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 3.8 3.4
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 4.2 2.5
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 4.8 3.9
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 4.4 3.6
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 5.0 4.3
* vacancy rate affected by new units leasing up
(In Percent)
20142005 2013
Vacancy Rates by Size of Apartment Unit by County
2007 2008 20122009 2010 20112006
Metro Average
Square Feet in UnitCounty
Boulder/ Broomfield
II-14
County Year 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 2nd 3rd 4th 1st 2nd 3rd 4thTo 1939 14.0 0.0 8.3 8.3 0.0 0.01940-49 0.0 0.0 0.0 0.0 0.0 0.0 0.01950-59 0.0 16.7 16.7 0.0 0.0 21.2 0.0 0.0 0.0 20.0 0.0 7.7 7.7 7.7 3.8 4.5 0.0 10.0 10.0 20.0 0.0 0.0 0.0 0.0 10.0 0.0 10.0 0.0 30.0 40.0 20.0 20.0 10.0 10.01960-69 9.2 7.6 5.6 7.7 5.2 6.8 8.2 7.6 9.1 9.3 8.9 8.7 5.8 8.8 6.5 6.0 11.4 12.0 14.2 8.7 10.3 8.0 7.3 10.7 7.6 6.8 8.2 6.4 6.2 6.2 5.0 2.7 5.1 4.9 5.3 2.1 3.8 4.0 4.11970-79 8.5 8.3 10.1 8.8 6.7 5.8 7.2 9.4 9.6 8.0 7.7 12.2 7.5 7.9 9.2 10.6 8.9 10.9 9.7 8.7 10.0 6.4 5.1 7.9 8.9 5.8 6.2 5.3 5.0 4.8 4.3 4.1 3.1 3.8 4.5 4.9 5.4 5.1 4.21980-89 9.7 8.8 8.0 8.3 8.3 6.4 6.6 7.1 8.1 4.9 5.7 6.9 5.7 5.9 7.2 9.1 7.7 7.7 6.3 5.9 6.2 5.0 4.1 4.4 4.0 4.6 4.8 4.7 4.4 3.9 3.6 4.0 3.9 4.1 2.9 5.2 3.2 3.1 3.31990-99 10.2 10.7 6.4 8.0 7.1 5.1 4.5 6.7 6.8 4.8 3.9 4.5 6.4 7.6 6.0 8.7 6.4 5.1 5.8 5.6 5.1 4.5 4.2 5.2 5.3 5.5 5.5 5.8 3.6 5.0 3.9 5.3 3.5 4.0 10.4 5.2 3.7 4.8 2.72000-04 13.1 8.2 6.9 7.9 6.5 6.7 5.6 6.1 6.4 6.8 5.3 6.2 6.5 6.3 6.5 7.3 7.5 7.5 4.9 4.8 4.5 4.1 4.1 4.7 4.6 5.1 4.7 5.2 4.1 5.5 4.7 4.7 4.5 3.4 3.8 4.8 3.3 4.7 4.62005 up 0.0 3.3 4.2 30.0 22.1 45.8 21.4 3.4 6.5 8.2 8.3 4.3 6.7 5.3 4.8 5.5 6.1 7.5 7.0 6.5 9.1 31.8* 3.6 55.5 15.0 11.9 6.4 3.5To 1939 0.0 5.1 9.1 9.1 0.0 0.0 9.1 9.1 9.1 4.5 4.5 0.0 9.1 0.0 9.1 1.5 0.0 3.0 4.0 3.5 2.01940-491950-59 2.2 3.9 3.9 3.1 0.0 3.0 15.4 0.0 11.1 0.0 11.1 0.0 0.0 0.0 0.0 0.0 0.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16.7 0.0 16.7 2.1 0.0 0.0 1.0 0.01960-69 10.5 9.7 9.8 9.2 7.7 9.5 16.7 8.8 7.5 7.9 6.6 6.4 8.9 7.3 7.0 9.0 9.1 9.4 9.5 7.1 7.0 5.0 4.8 4.5 5.3 4.6 3.8 5.1 1.8 3.3 2.0 3.2 4.0 3.8 5.1 6.9 4.6 4.6 3.11970-79 10.4 9.6 9.9 9.7 9.1 9.1 9.5 9.0 10.0 6.9 5.9 6.4 6.6 4.8 7.4 9.2 10.5 13.7 9.9 11.1 9.1 9.6 7.7 7.1 7.5 5.6 7.2 8.7 7.6 7.5 6.1 4.1 4.6 6.6 6.5 5.8 5.5 5.5 4.91980-89 8.0 6.6 5.7 6.3 5.9 6.4 5.4 6.8 7.7 5.6 4.9 5.8 5.2 5.7 6.9 6.6 7.4 7.8 6.4 7.0 6.1 4.8 4.7 5.3 4.5 4.6 5.1 6.8 6.3 6.1 5.2 5.7 3.3 3.8 4.3 4.5 3.5 4.1 4.11990-99 5.6 5.7 5.3 6.1 5.4 5.1 4.2 5.3 4.8 4.2 4.0 5.4 5.4 5.0 4.7 5.6 6.6 5.7 6.3 6.8 3.7 3.9 3.3 4.5 4.7 4.7 4.5 5.9 6.1 5.0 4.4 5.3 4.7 4.1 4.9 5.4 4.6 5.4 5.22000-04 9.8 7.4 5.6 6.7 7.6 6.5 4.7 7.5 7.3 7.4 4.7 6.2 5.9 6.2 7.2 6.9 11.1 11.1 5.7 6.0 5.0 4.8 4.5 4.2 5.2 3.9 3.3 4.5 4.4 3.3 3.3 4.2 4.6 3.6 3.4 4.8 4.4 3.1 3.72005 up 98.2 22.9 19.7 23.4 31.9 28.1 27.5 21.0 18.6 10.2 23.2 18.9 17.1 13.3 9.6 10.0 7.6 5.7 5.2 5.7 4.9 5.4 4.5 5.6 5.5 5.5 6.0To 1939 13.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14.3 0.0 0.0 14.3 0.0 0.0 14.31940-49 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12.5 0.0 0.0 0.0 0.0 0.0 0.0 12.5 0.01950-591960-69 7.3 7.2 10.8 3.9 4.0 5.2 5.0 2.9 2.8 1.6 2.5 3.1 4.7 2.0 1.2 1.9 2.2 3.1 7.8 2.9 2.9 4.0 1.4 2.2 2.9 3.1 1.9 2.6 1.2 1.7 2.0 2.2 0.5 0.9 0.0 1.5 12.7 1.2 0.01970-79 9.0 8.1 5.0 5.5 2.9 5.6 3.7 4.6 3.1 4.5 2.3 3.3 3.2 3.8 4.4 4.4 5.0 10.3 4.9 5.5 5.0 4.3 3.4 2.8 2.9 4.6 4.1 3.4 1.3 2.7 2.2 2.3 2.1 2.1 2.3 3.0 4.3 4.0 2.11980-89 13.2 9.6 6.5 7.7 5.1 7.2 5.1 5.4 6.8 5.5 4.3 8.3 10.1 13.9 6.3 7.0 5.6 4.3 2.7 5.7 5.1 3.7 4.6 4.8 6.8 5.5 7.1 7.0 11.2 3.6 4.1 4.4 3.0 6.1 4.0 3.1 1.6 4.6 5.61990-99 9.8 6.2 7.5 8.0 8.2 4.4 5.9 3.8 4.2 4.3 6.7 6.5 6.3 4.8 7.5 7.2 7.6 6.8 7.2 6.0 6.0 4.0 4.1 3.7 3.5 5.1 4.7 3.0 4.2 2.8 3.2 4.0 3.9 2.9 3.8 3.3 4.4 3.02000-04 18.5 7.1 12.8 9.2 11.0 7.2 5.3 7.4 8.2 3.4 3.7 4.3 4.8 5.8 5.2 6.5 6.8 7.6 4.7 5.0 4.8 4.7 3.4 2.3 2.5 3.4 3.5 3.8 4.1 3.6 2.4 4.2 3.3 3.2 2.3 3.8 3.6 3.1 2.42005 up 9.5 2.6 5.2 7.8 0.6 0.6 0.6 3.4 1.1 5.3 22.1 12.1 5.4 5.2 4.8 4.4 4.5 6.7 4.0 4.2 3.8 3.5 20.5 6.4 5.7To 1939 7.2 5.8 5.0 6.1 4.4 3.9 3.6 3.7 3.6 2.7 4.2 3.4 4.4 3.8 4.9 5.8 9.3 6.9 5.8 4.2 5.6 5.5 2.4 2.6 2.1 2.6 1.8 2.4 1.5 3.2 2.6 2.2 2.2 2.2 2.0 2.9 1.9 4.5 1.41940-49 7.9 8.2 6.0 7.0 3.8 5.2 6.1 4.3 5.4 6.8 7.3 7.5 4.0 6.1 4.4 7.0 5.0 6.5 4.9 5.0 5.4 6.1 4.6 3.1 2.7 2.8 2.8 3.0 2.5 3.6 1.5 3.0 3.1 18.9 12.0 12.7 2.7 3.2 3.0
1950-59 9.8 9.5 14.2 11.7 12.7 8.9 6.9 6.0 10.3 9.0 8.6 6.7 5.2 8.2 7.2 9.3 8.8 9.7 6.7 8.9 6.8 7.6 7.7 4.3 5.1 4.6 3.8 1.3 3.0 5.0 2.2 2.8 2.2 2.6 3.3 2.0 18.3 12.8 3.0 1960-69 9.2 10.5 15.3 11.4 6.9 8.5 7.3 6.3 5.1 5.3 5.8 4.2 4.5 4.0 4.6 6.4 6.0 8.8 7.5 9.9 8.0 7.4 7.6 5.1 5.9 6.3 4.1 3.8 2.8 4.6 3.7 4.2 5.0 4.2 4.8 4.6 4.2 6.0 3.7 1970-79 10.9 11.5 12.0 10.7 9.6 9.2 8.2 5.5 5.8 4.9 5.6 6.5 5.3 5.7 6.4 7.6 7.4 10.8 9.4 9.9 6.7 6.8 4.5 5.0 4.3 3.9 4.2 5.0 5.0 6.1 4.4 6.7 5.1 3.7 3.0 4.9 4.2 3.3 2.6 1980-89 5.6 5.6 8.2 6.9 6.0 6.1 6.4 8.1 7.1 6.8 4.6 5.3 5.7 6.5 5.2 6.9 6.7 6.8 5.6 5.9 6.2 6.1 4.3 4.1 4.5 3.9 4.0 5.2 3.8 4.4 5.0 5.1 4.7 4.7 5.6 6.2 5.1 5.0 4.5
1990-99 7.5 5.9 5.9 8.0 8.3 7.4 4.6 8.7 11.3 9.1 8.0 5.2 4.9 5.8 6.5 10.3 10.9 8.5 7.1 7.0 5.3 5.7 4.8 4.3 4.4 3.6 3.7 3.6 5.4 5.0 4.7 5.7 5.5 3.7 3.9 8.1 3.3 3.6 6.72000-04 11.4 9.3 6.2 5.7 5.9 7.0 6.2 6.8 6.9 5.0 4.7 5.1 4.9 5.3 6.2 8.1 7.5 6.4 7.0 6.9 4.8 7.6 4.4 4.8 4.5 3.7 4.0 5.1 4.8 4.1 4.4 5.8 5.2 4.7 4.0 5.5 5.1 3.4 3.72005 up 0.0 3.6 33.1 30.9 19.7 28.4 18.5 13.4 7.6 5.1 6.5 9.2 16.3 24.1 29.7 23.1 21.8 19.4 17.6 10.8 11.1 8.6 5.4 7.3 6.7 4.8 4.3 4.6 15.7* 11.5 7.5 7.7 10.7 17.8 12.8 3.6To 19391940-49
1950-59 1960-69 1970-79 3.1 7.8 0.0 1980-89 8.1 2.6 0.0 6.0 8.0 4.8 4.0 5.5 5.5 4.5 4.1 4.5 4.5 7.6 15.1 8.9 6.7 6.1 4.2 4.4 4.3 4.3 3.7 2.2 4.4 3.2 3.4 0.2 0.2 0.5 1.7 2.2 3.0 2.2 3.0 2.7
1990-99 9.2 8.3 8.2 8.8 8.3 4.9 6.1 6.4 6.9 6.9 6.4 8.0 7.1 9.5 7.6 7.8 7.3 4.6 3.1 5.4 3.7 3.4 4.5 5.1 4.3 3.8 4.1 3.6 5.5 3.4 4.1 5.1 4.1 4.0 4.7 6.4 4.5 5.7 4.32000-04 8.4 4.9 7.2 7.7 8.1 6.4 6.6 7.5 6.1 5.2 5.1 6.6 5.7 7.9 5.1 7.2 7.0 5.5 4.6 5.3 4.5 4.1 4.2 5.4 6.1 3.8 3.9 5.4 4.6 4.3 4.0 3.7 5.4 2.5 2.9 4.4 3.4 2.6 3.42005 up 9.5 8.4 28.2 0.0 3.6 6.6 3.8 5.8 4.1To 1939 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 0.0 12.5 0.0 12.5 0.0 0.0 0.0 0.0 0.01940-49 0.0
1950-59 9.8 10.4 10.5 12.4 26.7 27.7 26.4 5.8 7.1 17.4 5.8 7.3 2.9 8.7 9.3 10.8 11.0 11.5 12.6 10.2 6.1 7.0 9.1 7.5 9.0 6.8 4.7 2.4 3.5 2.4 4.9 3.4 1.5 1.1 4.4 1.8 1.7 0.6 1.7 1960-69 8.6 7.1 8.8 5.9 7.7 7.8 8.3 5.4 6.0 5.4 4.2 4.9 5.1 6.3 5.3 7.1 5.6 4.7 4.5 10.8 4.1 6.2 4.6 4.4 4.7 3.2 2.7 2.6 3.3 3.6 2.4 2.8 3.0 3.7 2.6 2.7 2.8 1.9 2.3 1970-79 10.9 11.0 9.7 9.0 9.2 8.9 8.2 6.9 6.4 8.3 5.6 5.8 5.4 6.8 6.7 7.4 9.0 9.2 8.9 9.0 7.9 7.7 4.0 4.7 4.3 5.1 4.9 4.1 3.8 4.2 2.8 3.8 3.7 3.4 2.9 2.8 3.2 3.7 2.3 1980-89 6.6 6.8 5.1 6.0 5.5 5.8 5.9 5.5 5.8 7.8 4.6 5.8 5.1 5.0 5.1 6.5 5.8 6.4 4.8 5.3 4.4 4.4 3.5 3.8 4.2 4.6 3.7 4.4 3.5 3.4 4.3 5.1 3.6 3.1 3.0 4.3 3.8 4.6 4.2
1990-99 8.5 6.5 4.9 5.9 4.9 4.8 5.8 7.5 5.5 5.7 6.3 6.3 6.3 4.5 5.0 7.9 6.5 5.9 5.1 6.3 4.5 4.2 4.3 4.6 5.2 5.1 4.5 4.8 4.4 4.7 4.3 4.7 3.6 4.0 4.9 3.4 3.2 3.4 3.2 2000-04 5.8 3.3 3.1 8.2 8.4 6.9 7.5 7.2 7.0 7.3 4.7 7.6 7.2 6.5 4.9 4.9 8.0 4.7 5.7 7.1 7.3 4.3 3.5 4.3 5.0 2.5 4.4 4.5 3.6 4.1 5.5 5.7 6.2 5.5 4.3 4.0 3.9 4.3 3.9
2005 up 28.8 22.7 17.4 10.6 8.5 18.2 9.6 6.0 6.5 5.2 11.5 24.2 11.6 10.6 7.4 7.1 5.9 5.3 3.9 3.5 6.1 7.2 4.2 10.2 11.0 3.4 1.1 5.7 3.5 4.1 4.3 3.2 39.5 7.1 2.8 5.2To 1939 7.1 5.7 5.8 6.6 4.7 3.9 3.4 3.7 3.6 2.6 4.2 3.7 4.4 3.7 4.7 5.9 9.2 6.8 5.8 4.3 5.5 5.5 2.4 2.6 2.1 2.5 1.8 2.3 1.5 3.2 2.5 2.3 2.3 2.2 2.0 2.9 2.2 4.3 1.61940-49 7.7 8.0 5.8 6.7 3.8 5.1 6.0 4.2 5.3 6.7 7.2 7.4 4.0 6.0 4.3 6.9 5.0 6.4 4.9 4.9 5.1 5.9 4.5 3.0 2.6 2.6 2.7 2.9 2.4 3.6 1.8 2.8 2.9 17.6 11.4 11.8 2.6 3.5 2.81950-59 8.7 8.7 11.7 11.4 14.5 11.4 13.0 5.9 10.0 9.5 8.3 6.7 5.0 8.3 7.6 9.4 9.1 10.0 7.7 8.9 6.6 7.3 7.9 5.2 6.3 4.8 3.9 1.3 3.0 4.9 2.5 2.9 2.2 2.6 3.9 1.9 14.1 9.8 2.9
1960-69 9.2 8.9 10.5 8.3 6.6 8.1 10.1 6.4 6.2 5.6 5.6 5.1 6.0 5.6 5.1 6.6 6.8 7.7 8.2 8.4 7.0 6.3 5.8 4.9 5.2 4.9 3.9 4.0 2.9 4.0 3.0 3.3 4.0 3.9 4.0 4.4 4.8 4.8 3.2 1970-79 10.4 10.3 10.3 9.6 8.6 8.5 8.1 7.3 7.5 6.6 5.8 6.8 5.8 5.9 6.9 8.1 8.5 11.2 8.9 9.4 7.9 7.6 5.3 5.8 5.7 5.0 5.6 5.9 5.3 5.6 4.5 4.7 4.1 4.4 4.2 4.6 4.6 4.3 3.5 1980-89 7.7 6.9 6.6 6.7 6.2 6.3 5.8 6.8 7.3 6.1 4.9 5.9 5.5 6.1 6.3 7.1 7.0 7.4 5.9 6.3 5.9 5.0 4.4 4.7 4.5 4.4 4.7 5.8 5.4 4.9 4.7 5.1 3.6 4.0 4.3 4.9 3.7 4.2 4.1
1990-99 7.9 7.4 5.9 7.0 6.6 5.6 4.9 6.5 6.1 5.6 5.4 6.0 6.0 6.2 5.6 7.6 7.3 6.2 5.9 6.5 4.7 4.6 4.0 4.6 4.6 4.5 4.6 5.1 4.9 4.6 4.1 4.9 4.2 4.0 5.1 5.1 4.0 4.7 4.22000-04 10.6 7.1 6.8 7.3 7.6 6.6 5.8 7.0 6.8 6.1 4.8 6.0 5.8 6.4 6.2 7.2 8.2 7.5 5.4 5.8 4.9 5.1 4.2 4.5 5.0 3.9 3.9 4.9 4.4 4.1 4.0 4.5 4.8 3.7 3.5 4.7 4.0 3.4 3.82005 up 24.8 14.1 17.7 22.7 13.9 21.1 14.4 10.8 7.2 22.8 12.7 17.2 19.0 25.9 26.0 20.0 17.2 13.5 11.0 13.1 12.7 12.5 8.9 8.0 7.8 6.0 5.0 5.2 7.9 10.1 5.6 6.4 9.5 12.9 8.6 4.7
* vacancy rate affected by new units leasing up
2010
Adams
20092008 2014
(In Percent)
Metro Average
Jefferson
Douglas
Denver
Boulder/ Broomfield
Arapahoe
2013
Vacancy Rates by Age of Building by County
201120072005 2006 2012
II-15
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 2nd 3rd 4th 1st 2nd 3rd 4thEfficiency 18.8 13.2 9.5 6.6 4.3 6.5 7.4 7.3 5.9 4.2 4.2 3.3 4.9 2.2 4.1 24.9 6.3 6.3 25.8 1.4 23.8 23.3 0.8 7.7 7.7 6.9 5.8 4.8 1.3 3.8 1.2 3.7 1.4 7.7 5.3 5.0 4.0 3.3 4.61 Bed 9.4 7.5 7.1 6.6 5.9 4.9 5.7 5.8 6.8 5.6 5.0 5.9 5.3 5.6 7.4 8.6 8.5 8.1 5.5 5.2 6.2 4.7 4.2 5.6 5.2 5.0 4.7 4.4 3.7 3.9 3.9 3.9 5.7 3.3 3.9 5.1 4.5 4.1 3.62 Bed, 1 Bath 8.7 9.2 8.9 9.2 7.1 5.9 6.3 9.4 9.2 7.7 6.3 9.1 7.2 7.3 6.7 8.6 8.2 9.7 7.5 8.0 7.6 5.6 5.0 6.5 5.8 6.3 6.6 6.1 5.5 5.4 4.4 4.7 3.9 3.5 4.8 4.7 4.7 5.1 4.82 Bed, 2 Bath 13.2 10.5 8.2 9.8 7.9 7.5 6.9 7.9 8.0 7.1 7.4 8.1 7.4 7.9 8.2 8.4 8.4 8.4 6.4 6.6 6.4 5.3 4.7 5.7 6.2 5.2 5.9 6.4 5.3 6.0 4.3 5.1 5.0 4.8 9.4 5.7 5.0 4.8 3.93 Bed 11.3 8.2 7.4 9.2 10.0 8.8 8.7 8.9 8.9 6.2 5.5 9.7 9.5 9.4 7.4 8.1 7.0 6.6 5.4 7.1 6.3 4.6 3.8 4.6 4.3 3.2 3.0 4.1 4.0 4.6 4.4 6.1 5.5 3.9 6.5 7.5 6.3 5.1 2.9All 10.6 8.7 7.7 8.1 7.0 6.1 6.4 7.4 7.8 6.3 5.9 7.4 6.4 6.8 7.5 8.8 8.4 8.5 6.7 6.3 6.8 5.2 4.4 5.7 5.6 5.2 5.3 5.3 4.5 4.9 4.2 4.5 5.2 3.8 5.7 5.3 4.7 4.5 3.9Efficiency 7.0 5.4 8.0 8.5 7.5 8.4 5.9 9.5 7.1 4.3 5.0 4.1 5.2 6.4 10.2 4.5 3.4 16.9 3.1 4.5 11.4 10.2 9.6 4.7 5.8 5.1 5.5 4.2 3.7 8.5 3.8 4.2 2.8 4.7 3.7 4.2 3.2 3.1 5.41 Bed 7.4 6.7 5.7 6.4 5.9 6.1 5.6 6.4 7.1 5.4 4.4 5.7 6.7 5.7 6.3 7.7 10.2 11.3 8.7 8.8 6.8 6.3 6.3 6.0 5.8 4.7 5.0 6.4 5.1 5.3 4.5 4.1 3.6 4.5 4.8 5.0 4.5 4.5 4.72 Bed, 1 Bath 9.9 8.1 9.0 9.4 8.6 8.5 9.6 10.2 10.7 8.4 6.4 6.6 6.7 6.2 7.7 9.2 8.8 10.8 8.8 9.4 8.0 7.5 7.8 8.1 7.7 5.6 7.7 8.7 9.9 6.7 6.4 6.0 3.7 5.1 5.0 5.5 4.7 4.5 4.22 Bed, 2 Bath 10.2 7.8 6.9 7.5 7.4 7.2 6.5 7.1 7.4 6.0 5.1 6.0 6.1 5.7 7.0 8.1 9.3 8.9 8.1 8.2 7.1 5.6 6.4 6.8 6.7 6.3 5.8 6.7 6.7 5.5 4.9 5.9 4.8 4.4 4.7 5.3 4.4 5.0 4.73 Bed 11.1 9.7 9.6 9.8 10.0 7.3 10.8 9.2 9.1 7.8 6.9 7.2 7.5 8.8 7.0 14.6 13.1 13.2 10.2 8.4 8.9 8.2 9.7 7.6 6.8 7.0 5.0 8.7 5.6 4.5 3.5 5.8 6.6 4.5 4.6 5.1 4.4 4.2 3.9All 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 4.6 4.6Efficiency 7.2 7.9 3.8 4.2 5.1 8.0 6.9 8.1 8.8 8.6 4.0 8.5 9.1 12.4 5.2 5.9 8.3 8.3 4.9 3.9 4.1 5.1 1.5 1.2 2.6 3.5 3.3 4.0 1.3 5.6 1.4 1.4 1.1 1.7 0.6 1.2 15.7 5.3 0.01 Bed 10.3 5.6 6.9 4.6 4.9 4.5 3.9 4.8 3.8 2.5 2.5 4.0 4.3 4.6 3.2 4.9 4.8 6.0 5.1 5.2 5.0 4.4 2.8 2.7 4.7 3.6 3.7 3.6 3.8 3.3 2.4 3.4 2.8 3.8 2.5 2.9 7.4 4.0 2.92 Bed, 1 Bath 10.4 9.5 9.1 9.9 6.4 9.5 5.7 6.7 5.7 5.8 3.4 5.7 5.5 6.1 4.7 5.3 5.6 7.8 6.2 6.2 5.3 4.6 3.9 4.6 4.8 5.3 5.4 5.0 3.0 3.5 2.9 3.2 3.6 3.2 3.3 4.0 6.0 4.9 3.82 Bed, 2 Bath 14.0 10.8 9.2 9.4 9.6 9.2 5.1 5.7 5.0 4.4 5.2 6.4 7.1 8.2 6.8 8.4 7.5 8.7 5.8 6.8 5.3 5.7 4.6 4.1 5.8 5.4 5.2 5.3 4.4 3.8 4.0 4.6 3.9 4.4 3.2 3.9 6.3 4.5 4.03 Bed 12.4 13.7 6.9 8.8 10.4 7.2 5.3 4.7 5.0 3.9 3.8 7.3 6.8 9.5 4.5 5.3 6.7 5.1 6.1 5.2 3.9 5.1 3.3 5.0 2.0 5.2 5.4 4.4 1.6 4.7 3.3 4.9 3.2 2.5 2.4 2.7 2.4 6.9 3.6All 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 4.4 3.3Efficiency 9.7 10.4 11.4 9.0 7.1 8.2 7.3 5.6 7.1 4.7 5.1 4.7 4.4 4.8 5.1 5.8 5.9 8.4 6.9 6.9 5.7 6.8 4.8 3.7 2.8 3.2 2.5 3.3 3.1 4.1 2.9 3.4 3.9 5.5 5.7 6.3 8.3 5.6 3.61 Bed 7.8 7.5 8.7 7.9 6.9 6.5 6.6 6.3 6.6 5.4 5.2 4.9 4.5 5.0 5.4 7.4 7.2 7.8 7.2 7.7 6.3 6.4 4.7 4.5 4.4 3.9 3.9 4.2 3.9 4.4 4.1 6.1 4.4 4.0 4.2 5.8 7.1 5.6 3.22 Bed, 1 Bath 9.8 9.7 10.7 9.8 9.7 9.3 9.1 6.6 6.3 5.5 5.5 6.7 6.1 5.8 6.4 8.9 8.7 9.7 7.5 8.8 5.9 7.2 5.7 6.4 6.0 4.5 5.0 6.8 5.1 5.9 4.6 6.7 6.6 4.7 4.5 6.1 5.7 4.3 3.22 Bed, 2 Bath 10.7 9.2 9.6 8.9 8.0 7.9 6.9 8.4 8.7 8.7 6.9 6.4 5.9 6.5 6.7 8.9 12.0 14.0 11.7 11.2 8.8 9.8 6.4 6.5 5.8 4.8 5.4 5.4 4.9 5.1 5.4 7.3 7.3 5.6 5.2 7.4 7.2 5.4 4.23 Bed 14.2 15.9 15.0 16.0 18.5 14.7 16.1 13.1 12.8 6.1 7.0 7.4 7.4 10.1 11.7 14.0 13.9 20.1 15.5 14.1 11.5 8.9 4.6 6.4 6.8 4.4 3.6 5.6 4.7 4.7 2.8 3.5 4.5 4.2 5.0 4.5 3.7 8.5 3.7All 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 5.6 3.5Efficiency 2.1 2.1 0.0 0.0 4.2 2.1 8.3 0.0 6.3 0.0 2.1 0.0 8.3 0.0 0.0 0.0 4.2 0.0 6.3 0.0 2.1 2.1 6.3 2.1 4.2 2.1 8.3 2.1 6.3 0.0 0.0 4.2 0.0 6.3 10.4 2.1 4.2 2.11 Bed 5.9 5.3 6.2 5.7 4.8 4.9 4.5 4.6 4.4 4.2 4.3 4.9 4.8 8.5 5.9 7.1 6.6 5.8 4.0 4.7 4.5 4.4 4.0 4.2 3.9 4.6 3.7 4.8 4.9 3.7 3.7 4.0 6.3 3.1 3.1 4.2 3.7 3.1 3.82 Bed, 1 Bath 11.1 7.6 9.0 9.0 9.7 6.9 8.7 9.2 7.9 6.4 6.3 7.5 6.2 5.9 5.8 5.7 6.8 6.4 2.9 6.0 5.0 3.6 5.1 6.1 4.6 3.1 4.7 2.6 4.4 4.4 3.4 2.9 8.5 2.9 4.8 3.9 2.9 2.9 3.12 Bed, 2 Bath 9.7 7.2 8.2 9.9 10.7 6.0 7.0 8.2 7.7 6.9 6.0 8.6 7.4 8.6 5.2 8.7 8.0 5.6 5.0 5.9 4.1 3.5 4.2 5.9 7.5 3.0 3.2 4.9 5.3 3.9 4.9 4.9 6.1 2.8 3.6 5.7 4.0 4.4 3.73 Bed 14.2 6.2 8.9 12.1 12.2 8.0 9.8 10.9 9.1 7.9 8.8 11.6 8.5 9.2 9.0 6.7 6.6 5.9 5.6 7.1 5.2 2.7 5.6 5.5 5.7 3.9 5.5 6.1 4.2 3.6 4.3 5.4 4.8 2.5 3.2 8.4 3.6 6.2 3.5All 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 3.8 3.7Efficiency 9.1 12.1 9.8 4.8 9.7 12.9 8.6 12.1 12.5 10.6 5.1 7.1 6.7 8.4 7.6 7.6 9.9 9.3 6.9 11.3 8.8 3.0 4.2 2.5 7.1 2.6 0.4 2.3 5.9 3.4 1.1 3.5 2.7 3.3 1.4 1.6 3.6 3.3 2.71 Bed 7.7 6.5 5.6 5.8 6.3 6.5 6.5 5.5 4.9 7.2 4.4 5.4 5.2 5.6 5.9 7.1 6.9 6.7 5.4 6.7 4.9 4.9 3.9 4.5 4.7 4.2 4.2 3.6 3.3 3.8 3.9 3.7 3.9 3.8 3.7 4.5 3.3 3.6 3.22 Bed, 1 Bath 10.6 10.0 9.8 10.0 8.6 8.3 8.4 6.5 6.9 7.2 6.4 6.5 6.0 6.8 6.1 7.4 7.8 7.1 7.0 8.1 6.5 6.1 4.1 4.5 5.2 4.6 4.4 5.2 3.6 3.1 3.7 4.1 4.2 3.0 2.8 3.8 3.3 3.4 3.32 Bed, 2 Bath 7.8 7.7 5.6 8.1 6.8 6.3 6.8 7.6 7.1 7.8 5.6 6.6 5.9 5.6 7.5 7.6 8.0 7.2 7.0 7.1 6.5 6.0 3.9 5.0 4.3 5.0 4.6 4.8 4.6 4.5 3.6 5.3 3.2 4.0 4.5 5.8 3.5 3.6 3.03 Bed 9.0 8.5 7.7 8.3 9.9 9.0 8.5 7.4 7.8 7.0 7.0 5.7 6.9 8.1 6.8 7.3 8.0 6.5 5.9 6.5 4.4 5.2 3.4 3.4 3.3 5.2 5.9 5.0 3.7 4.6 3.7 3.7 3.5 4.5 3.0 3.8 4.4 5.0 4.3All 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 3.7 3.2Efficiency 9.2 9.7 9.9 7.9 7.0 8.6 7.2 7.0 7.4 5.3 4.9 5.1 5.2 5.9 6.0 6.9 6.3 9.7 7.4 6.6 7.0 7.1 5.2 3.7 4.1 3.7 3.0 3.5 3.1 4.7 2.6 3.3 3.3 4.9 4.6 4.9 7.3 4.9 3.51 Bed 7.9 6.8 6.7 6.5 6.1 5.9 5.8 5.9 6.2 5.4 4.6 5.3 5.4 5.6 5.9 7.4 8.0 8.6 6.9 7.3 6.1 5.7 4.9 5.1 5.0 4.4 4.4 4.9 4.3 4.5 4.0 4.4 4.3 4.0 4.1 4.9 5.3 4.5 3.82 Bed, 1 Bath 9.9 9.1 9.5 9.6 8.5 8.2 8.3 8.2 8.1 7.0 5.9 6.9 6.4 6.4 6.6 8.1 8.0 9.2 7.4 8.3 6.8 6.3 5.7 6.4 6.1 5.2 6.0 6.5 6.0 5.2 4.7 5.2 4.7 4.1 4.3 5.0 4.7 4.3 3.82 Bed, 2 Bath 10.6 8.6 7.7 8.5 8.0 7.2 6.6 7.6 7.6 7.0 5.9 6.7 6.4 6.6 7.0 8.3 9.3 9.2 8.0 8.1 6.9 6.4 5.5 6.1 6.1 5.4 5.4 5.9 5.6 5.1 4.7 5.8 5.1 4.5 5.1 5.7 5.1 4.8 4.13 Bed 11.4 9.9 8.6 10.1 11.0 8.9 9.7 9.0 8.8 6.8 6.7 8.0 7.8 9.1 7.7 10.2 9.4 9.7 8.1 8.0 7.1 6.0 5.6 5.6 5.1 5.1 4.7 6.0 4.3 4.5 3.7 5.1 5.1 4.0 4.4 5.3 4.3 5.6 3.7All 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 4.7 3.9* vacancy rate affected by new units leasing up
Met
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Apartment Type
20082005 20132010 2012
Vacancy Rates by Apartment Type by County
20112006County
(In Percent)
2007 20142009
II-16
County 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 4thAdamsEfficiency 643.24 636.28 633.13 524.15 577.47 545.73 537.85 599.85 587.55 674.19 659.39 613.67 557.55 527.74 610.85 638.59 647.56 649.30 650.79 671.53 701.46 721.47 635.85 730.12 793.18 665.08 634.231 Bed 717.07 765.23 752.28 745.74 736.51 748.66 725.94 695.11 754.64 770.89 784.46 769.27 789.71 766.82 822.10 797.86 816.52 789.62 778.08 771.42 794.79 806.27 826.73 825.68 858.89 891.45 927.932 Bed, 1 Bath 817.23 848.16 819.32 815.05 811.43 878.07 861.62 776.56 857.24 860.80 891.80 846.93 861.82 830.40 858.73 852.48 830.95 843.82 848.13 858.56 863.02 889.58 902.76 931.98 957.70 973.75 1025.652 Bed, 2 Bath 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 1234.15 1265.213 Bed 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 1427.92 1476.72All 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 1024.07 1066.70ArapahoeEfficiency 537.20 571.37 543.53 551.67 565.86 548.82 551.88 534.69 514.25 564.44 602.73 572.34 604.83 546.36 571.32 575.42 593.65 629.83 617.47 656.03 632.68 674.74 686.78 678.27 702.83 696.00 799.911 Bed 715.97 722.66 729.40 738.70 738.98 709.33 738.43 722.13 731.76 737.27 754.90 762.02 755.00 759.68 763.50 775.02 787.86 814.37 816.94 815.01 823.70 848.95 872.20 863.51 891.19 918.57 960.112 Bed, 1 Bath 776.96 815.42 809.18 808.18 805.67 757.07 789.78 782.27 810.60 820.17 826.76 836.34 810.53 820.77 835.52 835.36 843.87 867.12 877.57 853.50 875.36 917.45 930.55 934.75 954.51 993.87 1045.222 Bed, 2 Bath 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 1265.02 1308.753 Bed 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 1562.96 1619.44All 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 1067.01 1112.87Boulder/BroomfieldEfficiency 608.89 760.59 776.53 760.98 713.64 712.88 719.32 714.41 731.22 747.61 731.30 737.71 752.78 798.59 816.26 782.56 805.66 852.01 816.43 868.49 864.99 893.42 810.59 832.25 1048.55 991.61 914.351 Bed 834.33 847.52 868.08 850.00 843.51 880.02 859.59 844.49 850.10 882.44 876.48 878.39 875.48 893.63 905.02 929.51 942.26 962.03 1017.54 971.61 991.77 1041.22 1045.16 1059.93 1070.57 1091.72 1147.342 Bed, 1 Bath 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 1012.48 1059.78 1056.15 1085.71 1084.64 1110.98 1121.06 1155.58 1167.78 1199.692 Bed, 2 Bath 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 1267.41 1272.76 1273.80 1354.92 1412.06 1439.82 1412.58 1428.48 1497.00 1516.803 Bed 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 1455.25 1512.71 1472.61 1526.98 1568.64 1583.28 1579.45 1644.45 1655.63 1617.55All 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 1091.12 1115.69 1103.61 1150.02 1194.57 1194.19 1198.13 1227.76 1264.25 1287.15DenverEfficiency 636.83 649.30 664.01 646.67 647.05 663.25 675.65 721.60 648.52 664.78 672.42 680.93 720.46 717.25 746.82 723.18 737.93 815.19 816.45 808.01 844.54 884.42 886.17 884.29 920.81 1035.47 946.851 Bed 784.21 822.74 814.55 808.35 806.46 790.70 798.49 793.86 793.92 818.10 819.69 823.59 834.82 839.20 866.16 864.70 881.34 904.86 919.51 862.38 901.61 915.25 950.36 968.23 995.39 1023.56 1020.352 Bed, 1 Bath 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 1011.01 1060.99 1072.752 Bed, 2 Bath 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 1404.81 1449.08 1451.923 Bed 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 1473.50 1575.54 1601.54All 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 1092.97 1126.83 1118.11DouglasEfficiency 742.00 675.00 675.00 687.50 742.00 742.00 742.00 570.00 835.00 600.00 784.50 710.00 710.00 728.00 782.00 745.00 742.00 790.00 795.00 787.50 885.00 896.00 900.00 930.00 865.00 1020.00 915.001 Bed 895.89 922.36 927.68 874.49 861.40 861.56 900.19 874.91 908.53 917.84 949.36 936.07 946.23 921.16 946.09 921.35 949.78 948.13 960.55 1003.31 1005.37 1032.08 1057.44 1088.18 1077.89 1166.51 1181.592 Bed, 1 Bath 912.07 953.66 974.98 1034.22 939.81 939.64 1020.57 1011.95 1038.55 1094.79 1106.59 1092.49 1097.67 1070.52 1128.00 1077.86 1102.37 1099.92 1118.67 1186.36 1170.55 1218.70 1218.95 1194.11 1244.15 1321.53 1329.152 Bed, 2 Bath 1136.87 1166.03 1153.70 1128.07 1131.33 1115.79 1187.23 1144.54 1180.02 1197.13 1217.95 1176.85 1220.34 1214.56 1253.30 1249.01 1233.92 1267.69 1281.57 1324.29 1329.91 1412.23 1371.85 1352.49 1404.82 1502.41 1534.333 Bed 1363.59 1367.92 1435.08 1362.63 1319.20 1354.96 1446.95 1406.91 1474.66 1555.55 1567.48 1545.91 1503.32 1550.72 1590.98 1452.82 1516.24 1612.31 1544.48 1621.09 1605.32 1704.51 1644.69 1636.38 1686.15 1785.16 1893.15All 1018.16 1045.23 1051.05 1020.79 1002.54 999.55 1058.13 1027.15 1055.12 1085.79 1112.52 1089.60 1099.47 1086.51 1120.37 1092.40 1109.74 1131.19 1140.85 1186.98 1186.34 1242.74 1235.84 1236.83 1261.71 1350.83 1372.28JeffersonEfficiency 601.94 571.56 584.69 564.74 560.38 561.07 540.43 556.80 557.52 556.99 594.63 593.84 595.32 561.67 602.76 596.41 608.94 636.58 619.65 625.85 681.21 703.19 709.82 679.61 718.97 792.36 757.101 Bed 730.26 736.34 754.70 729.24 723.15 720.93 724.18 725.32 726.04 745.26 766.70 752.94 750.47 764.29 787.22 789.83 807.02 827.41 857.89 841.52 869.21 890.37 928.32 902.43 910.86 983.94 1017.752 Bed, 1 Bath 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 1052.37 1048.382 Bed, 2 Bath 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 1260.47 1342.473 Bed 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 1441.69 1506.48All 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 1100.97 1155.20Metro AverageEfficiency 618.90 635.74 645.31 629.66 632.37 638.61 645.74 676.71 628.95 645.61 656.95 655.70 677.32 674.53 706.77 695.27 710.79 773.67 765.09 770.85 778.51 809.86 823.49 816.49 870.47 939.56 892.571 Bed 759.28 781.73 782.91 775.89 772.32 760.75 770.94 756.42 770.29 787.18 798.11 795.33 799.90 799.50 819.58 822.47 838.93 856.38 866.10 848.30 868.14 889.81 918.82 921.44 944.58 981.36 1006.142 Bed, 1 Bath 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 1051.35 1078.382 Bed, 2 Bath 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 1338.16 1369.603 Bed 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 1548.50 1591.57All 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 1117.12 1145.49
2013
Rents are based on the units being unfurnished with tenants paying electricity and gas.
(In Dollars)Average Rents by Apartment Type by County
2011 201420092008
Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.Average rent minus rental losses equals effective rent.
2010 2012
II-17
County Year Built 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 4thAdams To 1959 595.45 593.18 537.24 546.84 547.11 473.46 644.23 515.91 550.00 560.00 560.00 585.00 585.00 585.00 585.00 610.00 610.00 650.00 650.00 705.00 720.00 690.00 725.00 720.00 740.00
1960-69 771.85 1223.15 647.10 639.69 729.08 981.27 968.27 590.24 578.99 659.71 778.76 670.43 784.93 677.17 676.64 806.59 734.60 740.15 730.40 775.74 764.94 765.37 792.83 826.88 839.80 868.69 943.821970-79 664.89 689.63 692.22 685.52 691.71 690.22 677.97 688.69 781.06 790.89 782.74 756.47 755.42 697.43 741.47 743.56 695.41 734.55 700.15 698.72 729.19 735.49 751.95 778.81 795.08 785.57 843.781980-89 775.43 851.28 838.19 857.63 822.99 834.01 798.01 805.77 830.75 821.40 867.57 868.24 860.01 858.44 968.22 868.76 1007.29 833.14 854.09 852.50 862.67 909.93 934.65 937.01 969.56 982.59 1129.011990-99 933.09 942.72 962.23 940.15 933.50 942.30 876.24 874.99 937.69 937.45 972.69 952.81 964.22 984.93 979.10 979.09 990.91 1000.62 1036.80 1059.86 1053.79 1082.90 1115.67 1090.93 1138.73 1216.03 1250.272000-04 974.50 1022.66 1011.81 983.48 967.30 969.32 959.33 874.82 962.73 1002.68 993.61 1005.66 1006.92 1030.32 1057.00 1041.82 1048.61 1069.11 1095.03 1076.24 1092.11 1137.95 1182.49 1113.60 1100.10 1210.59 1208.162005 up 1316.98 1249.48 1252.63 1173.72 1146.08 1093.50 1158.59 1161.61 1162.10 1155.31 1155.88 1155.95 1087.11 1177.48 1176.86 1206.87 1108.39 1092.92 1086.61 1128.52 1156.00 1147.16 1178.40 1190.93 1264.27
Arapahoe To 1959 800.81 1151.42 1101.67 1071.18 1092.50 925.00 977.50 847.98 937.07 918.89 991.33 984.33 665.63 686.67 586.11 643.33 906.38 794.68 778.10 787.70 766.551960-69 640.37 672.97 580.76 676.19 687.94 642.85 691.38 654.48 675.93 653.04 672.76 695.24 687.13 688.14 713.63 694.65 651.03 668.28 666.51 675.91 739.85 784.84 777.16 796.52 806.54 832.42 871.511970-79 655.13 689.74 680.05 691.37 703.99 671.33 663.08 635.02 696.05 700.78 690.95 669.45 669.78 665.29 670.85 678.31 686.20 702.95 698.81 710.99 724.74 731.12 748.19 776.66 777.77 816.87 858.821980-89 751.59 752.26 770.29 766.50 756.75 731.21 741.60 719.54 749.09 763.15 781.12 784.24 794.32 768.30 792.47 789.20 797.99 820.53 837.79 810.49 839.55 866.22 900.03 883.95 921.06 975.89 1035.391990-99 1027.67 1057.61 1035.38 1014.19 985.26 970.20 1042.55 1028.47 1003.76 1018.85 1045.47 1105.65 1032.12 1100.00 1120.57 1123.27 1134.34 1153.25 1168.62 1190.27 1141.40 1191.92 1208.85 1207.95 1245.98 1303.08 1352.232000-04 1036.65 982.76 1013.00 1057.87 1064.02 1055.53 1068.37 992.40 1014.95 1046.87 1112.68 1111.09 1104.25 1110.46 1071.39 1094.93 1115.12 1111.23 1123.89 1162.30 1191.16 1171.10 1198.43 1205.19 1184.68 1253.16 1241.622005 up 1224.20 1226.41 1198.54 1190.06 1194.22 1186.55 1093.18 1145.61 1133.88 1138.89 1174.62 1174.06 1188.54 1145.67 1118.75 1164.49 1164.19 1224.18 1207.63 1193.16 1199.69 1217.61 1253.79 1264.69 1291.55 1339.75 1388.66To 1959 764.38 767.50 764.38 821.88 821.88 821.88 841.25 841.25 731.57 733.13 625.00 700.22 700.22 701.30 641.67 748.26 741.39 948.13 641.67 763.57 796.17 752.35 779.04 785.83 668.60 735.00 819.431960-69 801.14 917.80 920.52 915.78 971.10 885.33 883.70 898.31 904.31 890.03 873.54 906.04 969.17 972.20 1039.59 990.40 1010.84 1090.27 985.02 989.54 999.53 1015.54 987.90 950.65 1073.63 1165.91 976.901970-79 690.69 687.99 725.76 734.92 742.22 789.71 772.83 768.09 760.80 734.14 760.25 817.73 814.87 822.44 824.73 791.05 852.21 839.77 847.40 878.80 948.56 905.59 891.79 942.94 1024.01 973.62 990.781980-89 858.16 869.93 847.51 832.57 859.88 858.35 848.40 862.21 874.26 881.07 902.00 897.23 935.11 934.82 951.19 955.20 954.12 967.30 1005.63 1007.33 1049.42 1079.47 1145.03 1084.98 1104.00 1141.01 1248.361990-99 1061.87 1039.70 1076.32 1065.93 993.65 1003.98 1014.68 1026.18 1038.47 1125.50 1116.94 1108.35 1094.47 1090.26 1122.24 1127.70 1203.55 1185.27 1233.30 1262.23 1257.37 1316.98 1323.19 1341.05 1314.05 1378.75 1377.682000-04 1026.05 1112.19 1194.75 1094.06 1077.54 1100.69 1123.01 980.32 981.49 1007.75 998.84 1013.44 1056.04 1090.83 1060.29 1067.12 1111.85 1125.67 1125.82 1050.27 1081.59 1142.17 1152.03 1173.65 1164.20 1236.72 1257.722005 up 1374.69 1415.47 1244.94 1240.57 1240.57 1275.80 1291.98 1159.85 1177.75 1219.73 1158.80 1244.07 1231.49 1250.43 1320.40 1221.63 1349.10 1410.59 1414.54 1405.19 1438.62 1412.91 1709.75
Denver To 1959 687.70 688.30 701.17 706.92 689.15 682.32 725.88 707.25 721.40 720.47 732.15 701.22 689.70 656.49 675.55 759.48 718.77 784.24 755.50 741.08 774.05 830.89 818.34 862.50 920.45 910.95 926.421960-69 683.56 679.98 722.09 700.21 697.80 708.35 693.78 718.62 728.03 723.79 728.36 724.62 722.99 718.51 749.35 765.14 775.13 802.50 810.95 790.60 845.42 844.78 839.17 874.29 883.22 887.41 893.561970-79 675.88 694.00 697.31 696.78 701.13 680.08 677.37 665.19 727.01 707.40 704.16 710.00 717.55 722.06 749.55 725.94 754.15 754.04 792.49 750.61 791.36 781.24 820.61 829.63 820.95 856.07 877.541980-89 945.79 897.46 879.79 875.35 855.30 822.71 839.14 841.72 883.84 919.35 898.54 906.87 901.96 895.76 920.78 931.85 982.62 1016.69 986.12 1031.60 1031.93 1054.38 1071.91 1097.79 1097.33 1211.73 1172.721990-99 1067.50 1192.30 1195.83 1223.33 1234.64 1216.94 1184.72 1185.93 1045.51 1064.16 1080.01 1089.37 1114.47 1114.45 1132.67 1190.85 1222.41 1251.22 1254.87 1197.98 1194.53 1191.78 1245.29 1404.32 1241.42 1314.45 1438.662000-04 1118.35 1216.35 1171.44 1173.06 1182.57 1124.59 1046.06 1017.16 1045.08 1059.61 1071.89 1069.35 1109.22 1123.14 1121.80 1189.27 1208.48 1273.26 1334.96 1274.25 1280.12 1308.04 1310.45 1275.78 1345.69 1408.99 1426.852005 up 1487.61 1452.69 1475.04 1441.60 1454.64 1321.57 1378.88 1453.86 1479.97 1533.13 1462.73 1433.62 1372.09 1402.18 1519.12 1363.93 1347.30 1399.12 1424.27 1733.91 1491.57 1471.80 1527.97 1481.23 1557.09 1593.16 1563.94
Douglas To 19591960-691970-79 635.00 835.001980-89 849.11 852.10 852.10 808.70 852.63 886.76 886.76 900.18 865.86 931.67 895.97 895.97 871.45 917.49 892.45 1017.75 983.70 985.93 1062.57 1083.58 1097.50 1034.47 1083.59 1083.75 1192.26 1229.781990-99 1054.17 1049.47 1123.60 1070.64 1027.62 991.04 1069.31 1034.89 1081.59 1152.44 1186.78 1172.80 1085.75 1091.13 1099.56 1115.19 1162.74 1180.77 1203.10 1216.23 1223.35 1276.35 1271.72 1241.62 1285.21 1477.31 1498.262000-04 1014.19 1060.01 1028.09 1020.44 992.65 1019.24 1069.81 1037.61 1067.85 1066.22 1059.19 1018.56 1120.42 1120.42 1168.07 1112.77 1086.85 1121.54 1119.27 1190.26 1168.49 1229.65 1223.96 1238.08 1253.23 1301.05 1319.072005 up 1142.60 1095.36 1266.28 1426.79 1355.80 1345.38 1346.89 1367.35 1430.49
Jefferson To 1959 602.03 639.23 641.68 632.90 598.31 628.09 641.62 629.42 627.49 609.05 549.76 553.90 605.94 658.59 642.99 795.18 690.40 803.86 792.88 753.58 752.26 714.34 739.86 736.13 763.11 774.68 747.071960-69 772.85 740.23 762.47 698.26 701.19 711.79 715.95 740.46 760.68 720.27 733.27 731.91 714.94 729.94 743.55 740.44 733.65 775.74 774.80 788.39 790.53 805.78 825.39 852.72 850.58 879.82 909.921970-79 690.95 692.03 706.85 694.97 705.24 707.70 684.09 767.30 702.15 723.44 741.34 756.20 758.48 747.63 769.27 776.27 777.94 776.99 824.67 804.81 808.00 819.89 851.76 867.64 901.49 933.99 970.251980-89 840.78 853.15 850.59 848.24 839.92 812.82 795.71 801.35 833.10 823.04 829.12 817.26 819.55 809.22 844.17 846.08 852.94 885.75 933.86 960.13 955.22 1030.82 1047.29 1024.92 1057.96 1108.25 1194.231990-99 919.11 975.38 1008.08 970.91 959.87 992.11 969.84 968.28 920.94 934.27 993.82 991.99 1012.03 1022.95 1035.71 1051.52 1085.61 1117.16 1106.97 1088.90 1124.29 1149.35 1172.89 1146.30 1175.32 1297.65 1299.812000-04 956.73 980.12 955.09 887.36 913.24 914.04 915.69 914.59 913.28 934.50 977.09 922.16 947.59 995.62 1068.28 1025.32 1086.35 1124.03 1144.79 1117.64 1222.01 1207.77 1236.59 1219.01 1460.01 1235.05 1389.822005 up 1080.63 1198.81 1160.63 1118.07 1094.77 921.38 1154.79 1148.34 1093.17 1192.89 1158.44 1086.51 1195.59 1195.59 1195.59 1195.59 1195.59 1195.59 1252.20 1290.78 1271.43 1293.91 1302.75 1406.60 1234.90 1228.22 1358.45To 1959 687.11 688.91 700.75 704.72 685.39 680.32 721.13 700.98 720.01 717.43 721.60 691.21 681.17 656.79 672.46 759.38 717.34 784.50 752.63 740.01 772.61 820.33 815.34 844.20 893.72 887.92 897.831960-69 704.47 743.31 709.73 716.56 739.15 748.51 758.84 710.72 721.88 715.21 731.96 736.07 751.66 734.12 760.50 768.79 765.84 798.17 806.51 803.25 818.76 824.18 841.73 858.50 870.22 880.90 899.301970-79 673.06 691.48 696.27 696.37 704.94 691.18 685.39 692.89 724.87 721.66 722.10 723.48 725.13 713.37 732.96 727.89 735.90 748.10 754.99 747.66 770.35 771.44 796.31 821.11 834.33 856.38 888.471980-89 810.23 814.88 818.55 820.41 803.49 783.44 785.04 775.80 808.84 822.03 828.80 832.74 837.66 823.75 861.51 847.68 886.41 880.02 888.81 886.73 905.51 940.47 971.11 964.44 987.65 1054.31 1104.521990-99 1011.33 1048.18 1062.50 1043.60 1015.58 1011.87 1027.48 1024.00 999.75 1033.69 1063.00 1074.10 1043.00 1070.34 1086.02 1096.80 1129.44 1148.09 1161.76 1171.01 1159.70 1201.11 1219.24 1226.37 1238.13 1322.41 1358.912000-04 1030.23 1069.34 1054.74 1051.27 1038.11 1037.21 1035.66 977.65 1013.78 1035.13 1055.27 1049.80 1077.06 1091.52 1095.10 1099.49 1114.79 1142.64 1157.33 1163.76 1176.30 1207.89 1223.41 1206.10 1231.47 1281.97 1295.102005 up 1323.36 1313.82 1314.90 1261.43 1279.56 1220.24 1220.48 1244.52 1236.08 1291.78 1280.70 1269.71 1259.87 1255.71 1272.96 1254.01 1245.67 1279.19 1290.45 1304.71 1290.04 1334.79 1380.67 1362.99 1399.77 1439.29 1468.71
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
2008 2009 2010
Average Rents by Age of Building by County
Rents are based on units being unfurnished with tenants paying gas and electricity.
2011
Metro Average
2014
(In Dollars)
Average rent minus rental losses equals effective rent.
Boulder/ Broomfield
2012 2013
II-18
County 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
Adams Up to 8 748.30 937.50 862.50 592.50 862.50 862.50 862.50 237.50 782.25 556.25 362.50 672.00 672.00 1367.00 1367.00 1367.00 1367.00 1390.00 1390.009 to 50 1015.49 1398.37 600.99 614.36 986.14 1766.34 1499.32 622.13 649.78 675.90 968.40 621.37 902.24 738.30 624.73 1032.74 724.26 731.58 704.35 656.13 729.67 693.04 744.18 756.70 785.49 741.49 798.8351 to 99 611.40 580.12 583.07 581.23 630.73 621.46 607.77 643.83 741.41 788.26 765.50 705.50 795.27 632.34 592.71 625.72 680.20 714.32 630.43 632.18 676.15 663.76 678.97 750.81 731.56 771.02 820.46100 to 199 725.82 761.36 763.03 759.07 763.07 758.45 724.13 739.03 769.95 772.47 768.79 752.60 720.03 718.97 739.78 747.67 740.35 774.16 774.76 767.55 795.86 801.93 815.81 836.29 868.38 869.74 920.76200 to 349 872.92 913.51 921.66 908.57 883.67 902.78 859.09 847.98 854.88 896.93 945.09 905.72 917.87 917.85 932.64 924.68 942.39 936.64 944.29 928.61 940.28 974.11 1022.59 981.26 1025.28 1065.48 1139.81350 and up 856.06 902.85 897.59 900.67 892.07 896.62 869.51 805.06 967.47 948.28 941.53 952.12 956.12 935.87 1044.10 961.71 1016.68 920.81 894.69 910.19 920.77 942.45 954.06 970.70 998.58 1054.62 1033.38
Arapahoe Up to 8 598.53 1196.76 664.41 1205.11 2136.93 786.30 1255.03 637.75 619.23 668.13 634.53 633.96 619.36 650.08 583.34 568.76 696.22 630.24 689.56 652.69 609.37 622.29 659.43 770.50 714.67 685.18 700.379 to 50 583.54 640.09 633.17 613.56 643.98 621.31 615.04 593.84 629.42 662.49 634.14 653.45 639.52 658.65 642.19 634.27 661.87 677.22 673.69 662.36 690.83 704.98 746.08 761.16 748.48 720.31 757.2851 to 99 631.53 602.32 629.44 651.98 631.78 610.64 751.13 706.37 673.96 686.27 703.20 696.66 707.06 685.24 697.16 707.69 727.29 717.79 751.31 738.32 784.11 935.63 936.82 872.31 999.18 928.84 994.04100 to 199 729.28 723.45 764.38 740.34 751.57 724.44 733.28 731.88 747.04 715.59 701.06 720.31 731.76 726.87 740.53 757.94 765.13 806.08 782.95 795.39 790.57 780.89 843.04 853.96 882.78 888.61 954.68200 to 349 894.34 886.56 914.59 941.42 934.60 923.67 932.00 882.21 899.12 926.87 962.83 988.93 958.12 960.55 958.03 968.98 974.98 1046.71 1030.46 1027.52 1026.48 1038.37 1079.55 1065.50 1089.26 1179.36 1196.29350 and up 813.58 835.79 829.43 837.14 821.08 785.49 843.99 861.57 833.75 850.44 876.90 872.21 865.76 885.44 891.06 896.41 907.94 931.22 951.32 930.72 932.85 976.13 989.21 984.03 1015.63 1045.02 1097.45Up to 8 1339.81 726.72 747.44 742.95 1606.98 787.50 725.11 747.59 758.65 768.17 759.82 728.98 754.10 739.38 710.44 767.47 759.00 795.35 731.51 778.41 794.49 773.68 796.00 810.55 792.98 851.32 905.939 to 50 870.73 842.03 781.61 836.92 835.91 870.50 901.56 888.29 814.09 857.30 872.99 811.88 882.34 890.23 902.14 924.39 947.06 953.69 1000.66 961.41 971.30 980.99 1075.56 1031.19 1115.12 1122.10 1090.1151 to 99 871.56 931.95 917.17 887.11 929.34 917.00 889.64 887.72 918.71 953.16 942.44 917.37 947.45 969.82 1042.91 1052.99 1054.23 1085.30 1066.92 1064.90 990.34 989.43 1071.42 1097.28 1118.82 1002.96 1173.98100 to 199 826.62 937.56 941.22 935.70 969.45 972.64 898.74 950.56 946.07 1022.61 1029.87 1020.00 1048.91 1076.79 1078.29 1044.88 1068.74 1083.50 1092.93 1123.97 1205.68 1248.65 1232.21 1257.22 1291.53 1323.78 1279.51200 to 349 882.40 893.42 926.64 916.85 911.30 937.80 909.09 893.32 891.99 896.19 901.39 936.35 961.11 965.44 989.85 1000.14 1015.76 1025.32 1070.29 1078.51 1095.90 1121.89 1111.14 1169.49 1204.42 1219.84 1286.38350 and up 1049.72 1072.37 1089.39 1083.65 980.22 1024.11 1070.97 1006.60 1044.11 1118.93 1102.53 1108.73 1074.07 1083.10 1091.70 1103.34 1158.47 1202.59 1217.60 1143.11 1216.67 1302.61 1292.37 1238.10 1266.49 1341.49 1352.55
Denver Up to 8 626.13 628.21 625.60 653.76 645.67 642.49 729.48 701.58 643.35 713.54 697.41 643.88 651.28 648.49 688.79 696.78 701.87 720.53 703.92 719.56 731.53 732.74 741.67 761.44 749.47 797.47 840.069 to 50 640.59 660.84 661.62 668.24 653.98 653.04 698.63 840.63 689.93 719.14 698.94 695.72 668.21 688.47 695.06 775.56 747.64 781.67 805.26 798.40 823.24 856.87 875.11 886.60 922.48 951.30 960.4151 to 99 738.61 738.11 726.64 728.25 719.28 744.95 725.06 790.59 807.52 772.46 787.52 802.48 804.36 758.20 872.85 816.81 830.37 810.49 842.52 795.31 844.68 866.87 933.42 844.13 962.17 947.85 975.22100 to199 853.74 860.13 836.28 838.49 799.88 805.81 831.69 845.24 813.32 891.85 929.35 927.30 923.22 920.29 938.35 971.87 936.09 1009.07 990.95 1015.56 979.81 996.04 1037.31 1123.81 1102.65 1133.09 1116.41200 to 349 901.06 1031.09 1010.22 1006.33 1029.02 999.50 962.68 977.79 970.90 987.23 975.96 994.31 975.66 968.30 1021.78 983.00 1027.01 1028.65 1069.79 1045.31 1056.12 1092.54 1113.35 1093.86 1197.56 1184.64 1190.65350 and up 927.52 917.70 925.62 924.47 913.57 899.54 922.85 883.46 882.90 909.36 895.96 906.30 926.51 934.71 941.58 954.77 1027.91 1081.64 1073.51 1010.35 1058.87 1035.63 1064.22 1081.57 1055.63 1139.77 1097.81
Douglas Up to 89 to 50 548.21 523.21 523.21 523.21 523.21 548.21 523.21 487.50 487.50 548.21 523.21 709.8851 to 99 635.00 689.10 835.00100 to 199 837.50 834.78 931.67 895.97 895.97 895.97 895.97 824.18 850.26 920.27200 to 349 993.11 1021.55 1031.21 1001.68 963.76 988.55 1085.25 1056.94 1103.63 1095.50 1094.76 1088.04 1120.80 1130.81 1157.95 1135.01 1141.23 1144.94 1163.43 1195.34 1230.44 1302.66 1271.16 1268.28 1303.90 1415.18 1440.57350 and up 1032.73 1057.30 1063.59 1042.29 1031.41 1014.80 1040.39 1007.31 1047.59 1090.61 1125.67 1102.57 1096.01 1067.58 1106.87 1072.50 1077.92 1132.55 1126.61 1180.60 1157.42 1201.30 1218.40 1217.85 1234.81 1311.37 1332.10
Jefferson Up to 8 675.78 661.29 699.15 716.44 725.09 742.45 763.31 733.50 704.16 746.87 706.06 710.14 713.79 750.73 732.64 741.58 738.19 765.18 752.52 749.35 755.48 784.11 792.91 775.42 797.35 800.07 985.179 to 50 648.62 666.41 669.36 648.92 660.09 659.62 663.44 1237.78 677.34 673.96 671.70 667.56 676.16 671.02 781.16 800.08 791.81 812.30 809.72 800.68 804.10 834.52 840.44 837.13 852.46 1208.51 875.0551 to 99 716.12 695.28 721.56 686.57 715.79 686.35 853.60 768.27 692.30 759.05 760.49 743.78 735.52 746.96 760.45 758.32 714.04 735.52 759.64 745.03 738.23 752.29 795.31 854.26 835.80 906.35 930.38100 to 199 764.11 720.49 753.59 739.11 766.96 765.49 765.82 766.20 829.89 820.92 810.34 792.22 791.98 792.02 816.59 817.93 832.48 853.07 810.49 838.06 866.67 871.46 913.28 906.62 908.93 968.26 949.42200 to 349 888.96 892.28 911.92 883.11 850.55 824.13 851.12 866.58 864.85 876.89 912.50 876.87 889.18 905.43 904.97 897.59 917.35 937.38 1005.56 980.56 1007.96 1058.11 1092.99 1011.62 1089.39 1140.01 1183.05350 and up 844.53 890.33 895.52 862.98 853.57 891.88 835.10 854.48 849.31 864.07 888.37 903.48 906.19 914.52 954.98 948.79 953.53 969.27 1038.44 1027.67 1037.06 1087.77 1127.57 1070.56 1091.54 1152.92 1292.80Up to 8 708.78 743.86 662.93 742.42 903.01 702.10 823.15 706.29 667.23 722.10 694.44 674.97 677.34 696.32 689.48 696.63 720.12 721.34 721.79 729.96 732.15 748.91 758.60 774.39 765.47 796.76 899.309 to 50 667.16 712.43 665.16 667.72 678.59 710.62 741.74 868.55 685.29 712.29 711.04 688.04 695.03 702.23 723.13 781.63 756.95 787.62 794.69 785.41 806.95 840.54 859.63 862.72 897.89 971.94 921.0851 to 99 711.97 706.32 701.83 704.28 708.10 704.81 756.41 768.06 765.69 765.54 776.58 771.52 785.58 748.57 793.02 789.47 797.17 793.26 807.21 781.69 819.04 846.92 898.82 875.68 957.29 918.26 975.42100 to 199 781.86 790.21 802.30 791.94 798.84 791.39 789.55 796.14 812.94 829.13 838.11 830.85 831.18 826.77 838.90 852.74 854.97 895.38 872.23 884.20 902.26 913.20 952.82 986.90 997.36 1016.09 1036.68200 to 349 898.18 933.58 945.78 945.05 935.29 930.67 925.13 910.94 916.46 937.59 957.52 960.23 957.30 957.79 974.55 968.07 990.43 1016.90 1036.21 1026.89 1038.28 1068.03 1097.95 1079.82 1132.06 1178.41 1208.15350 and up 891.76 912.11 911.16 907.03 890.56 876.38 896.55 880.34 894.90 920.23 929.36 925.03 925.21 931.46 956.36 948.91 979.45 1000.11 1006.18 992.15 1005.42 1034.17 1055.50 1050.31 1065.30 1124.95 1149.01
Average rent minus rental losses equals effective rent. Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
2012
Rents reflect units being unfurnished with tenants paying gas and electricity.
Number of Units2011
(In Dollars)
Boulder/ Broomfield
Metro Average
2013
Average Rents by Size of Building by County
201020092008 2014
II-19
ApartmentCounty Type 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 2nd 3rd 4th 1st 2nd 3rd 4th
Efficiency 1.17 1.20 1.18 1.10 1.12 1.09 1.09 1.11 1.10 1.15 1.15 1.17 1.17 1.21 1.21 1.06 1.33 1.25 1.03 1.19 1.32 1.55 1.26 1.19 1.05 1.05 1.18 1.24 1.22 1.23 1.24 1.27 1.36 1.36 1.35 1.37 1.55 1.23 1.221 Bed 1.00 1.02 1.00 1.01 1.00 1.04 1.04 1.02 1.02 1.04 1.04 1.04 1.05 1.09 1.07 1.06 1.05 1.06 1.04 1.00 1.09 1.10 1.11 1.11 1.13 1.10 1.21 1.16 1.19 1.14 1.15 1.14 1.18 1.20 1.23 1.23 1.27 1.31 1.372 Bed, 1 Bath 0.89 0.92 0.89 0.90 0.91 0.93 0.91 0.91 0.91 1.00 0.93 0.95 0.97 1.01 0.97 0.96 0.96 1.03 1.01 0.92 1.00 1.01 1.04 1.01 1.02 0.98 1.01 1.00 0.98 1.01 1.01 1.02 1.04 1.08 1.10 1.12 1.15 1.16 1.232 Bed, 2 Bath 0.94 0.96 0.97 0.95 0.94 0.96 0.96 0.94 0.94 0.96 0.95 0.94 0.94 0.99 0.98 0.97 0.96 0.96 0.93 0.89 0.99 0.97 0.99 0.99 1.00 1.02 1.05 1.01 1.08 1.03 1.03 1.02 1.04 1.09 1.11 1.10 1.14 1.20 1.223 Bed 0.93 0.96 0.93 0.91 0.92 0.91 0.94 0.93 0.93 1.00 0.95 0.96 0.97 1.06 1.05 1.03 0.99 1.01 0.92 0.90 0.97 0.99 1.02 1.02 1.04 1.03 1.06 1.01 1.03 1.00 1.02 1.02 1.06 1.09 1.17 1.08 1.17 1.18 1.26All 0.95 0.98 0.97 0.96 0.96 0.99 0.98 0.97 0.97 1.01 0.99 0.99 1.00 1.04 1.02 1.01 1.00 1.02 1.00 0.94 1.04 1.04 1.06 1.05 1.06 1.05 1.11 1.08 1.11 1.07 1.09 1.08 1.11 1.14 1.17 1.16 1.21 1.24 1.29Efficiency 1.15 1.21 1.14 1.14 1.14 1.12 1.15 1.10 1.21 1.24 1.24 1.18 1.13 1.11 1.18 1.13 1.15 1.16 1.12 1.06 1.15 1.20 1.19 1.14 1.19 1.18 1.24 1.26 1.31 1.29 1.35 1.37 1.39 1.44 1.50 1.48 1.53 1.47 1.651 Bed 1.00 0.99 1.01 0.99 1.00 1.00 1.02 0.99 0.98 1.01 1.02 1.01 1.01 1.02 1.03 1.03 1.04 1.01 1.02 1.00 1.04 1.05 1.07 1.07 1.06 1.06 1.07 1.09 1.11 1.13 1.14 1.13 1.15 1.19 1.22 1.21 1.25 1.30 1.352 Bed, 1 Bath 0.89 0.89 0.91 0.89 0.88 0.88 0.89 0.87 0.87 0.90 0.90 0.89 0.89 0.91 0.91 0.93 0.91 0.88 0.91 0.89 0.94 0.95 0.96 0.96 0.92 0.93 0.96 0.95 0.97 0.98 1.00 0.97 1.00 1.04 1.07 1.08 1.10 1.15 1.182 Bed, 2 Bath 0.92 0.91 0.93 0.91 0.92 0.92 0.93 0.92 0.90 0.95 0.90 0.92 0.92 0.92 0.94 0.95 0.94 0.92 0.95 0.93 0.92 0.95 0.98 0.98 0.97 0.98 0.98 0.99 1.00 1.05 1.06 1.04 1.05 1.08 1.11 1.10 1.13 1.18 1.233 Bed 0.91 0.90 0.93 0.93 0.93 0.91 0.89 0.91 0.90 1.01 0.94 0.94 0.94 0.94 0.97 0.96 0.95 0.96 0.94 0.95 0.98 0.99 1.00 1.03 1.00 1.03 1.03 0.99 1.00 1.05 1.05 1.05 1.04 1.08 1.10 1.10 1.12 1.19 1.23All 0.96 0.95 0.97 0.95 0.95 0.96 0.97 0.95 0.94 0.98 0.97 0.96 0.97 0.97 0.99 0.99 0.98 0.96 0.98 0.96 0.99 1.01 1.03 1.03 1.01 1.02 1.03 1.04 1.05 1.08 1.10 1.08 1.10 1.13 1.17 1.15 1.19 1.24 1.29Efficiency 2.17 1.48 1.44 1.49 1.38 1.89 1.77 1.66 1.74 1.57 1.37 1.41 1.24 1.64 1.67 1.61 1.50 1.40 1.44 1.50 1.54 1.58 1.52 1.53 1.56 1.66 1.72 1.66 1.70 1.81 1.64 1.90 1.81 1.87 1.56 1.64 2.05 2.04 1.781 Bed 1.16 1.17 1.17 1.17 1.17 1.20 1.20 1.18 1.18 1.18 1.18 1.21 1.22 1.23 1.25 1.23 1.22 1.21 1.24 1.20 1.20 1.25 1.24 1.24 1.26 1.27 1.29 1.32 1.34 1.36 1.44 1.38 1.42 1.48 1.48 1.52 1.54 1.55 1.642 Bed, 1 Bath 0.90 0.90 0.92 0.95 0.98 0.88 0.92 0.93 0.92 0.95 0.92 0.96 0.95 0.99 0.99 1.03 1.04 1.03 1.01 0.97 0.96 1.00 1.02 1.05 1.08 1.06 1.06 1.06 1.09 1.12 1.18 1.19 1.23 1.20 1.25 1.25 1.27 1.30 1.332 Bed, 2 Bath 1.04 1.04 1.03 1.09 1.02 1.06 1.14 1.10 1.11 1.08 1.03 1.06 1.03 1.04 1.05 1.04 0.99 1.00 1.02 0.99 1.00 1.09 1.08 1.11 1.11 1.09 1.12 1.11 1.15 1.16 1.17 1.17 1.24 1.31 1.32 1.32 1.33 1.38 1.433 Bed 0.94 0.98 0.96 0.91 0.89 0.87 0.84 0.97 0.94 1.01 0.97 1.04 1.02 1.00 1.01 1.03 0.97 1.01 1.02 1.03 1.03 1.07 1.07 1.00 1.07 1.06 1.07 1.08 1.12 1.17 1.20 1.16 1.24 1.25 1.26 1.25 1.29 1.29 1.25All 1.16 1.08 1.08 1.09 1.08 1.08 1.12 1.11 1.11 1.10 1.08 1.12 1.10 1.13 1.15 1.14 1.12 1.12 1.13 1.10 1.10 1.16 1.16 1.16 1.18 1.18 1.19 1.21 1.24 1.26 1.31 1.28 1.33 1.37 1.38 1.41 1.42 1.44 1.50Efficiency 1.10 1.17 1.17 1.23 1.24 1.30 1.37 1.32 1.33 1.23 1.24 1.30 1.30 1.30 1.32 1.30 1.29 1.32 1.34 1.45 1.31 1.32 1.35 1.35 1.41 1.40 1.45 1.44 1.46 1.57 1.58 1.57 1.64 1.69 1.67 1.70 1.72 1.78 1.851 Bed 1.05 1.02 1.05 1.07 1.05 1.08 1.15 1.09 1.08 1.10 1.12 1.12 1.13 1.18 1.16 1.15 1.16 1.13 1.13 1.13 1.13 1.15 1.16 1.16 1.17 1.17 1.20 1.22 1.25 1.29 1.30 1.24 1.27 1.28 1.34 1.38 1.41 1.46 1.482 Bed, 1 Bath 0.89 0.90 0.91 0.93 0.95 0.97 0.99 0.96 0.97 0.99 0.96 0.94 0.93 0.97 1.00 0.99 1.00 0.98 0.99 0.99 1.02 1.01 1.01 1.00 0.98 0.97 1.01 1.01 1.06 1.07 1.10 1.06 1.10 1.10 1.13 1.15 1.16 1.22 1.242 Bed, 2 Bath 0.96 0.96 0.98 0.95 0.93 0.94 0.97 0.96 0.96 1.00 1.04 1.02 1.01 1.04 1.03 1.05 1.06 1.02 0.99 1.06 1.02 1.04 1.03 1.05 1.05 1.06 1.07 1.09 1.16 1.19 1.18 1.15 1.19 1.21 1.25 1.26 1.30 1.35 1.373 Bed 0.95 0.91 0.93 0.95 0.99 0.92 0.93 0.95 0.96 0.95 0.97 1.00 1.08 1.06 1.05 1.05 1.08 1.05 1.01 1.00 0.93 0.96 0.94 0.95 0.93 0.94 1.02 1.00 1.05 1.06 1.12 1.25 1.06 1.11 1.11 1.19 1.12 1.17 1.16All 1.00 1.00 1.02 1.03 1.03 1.04 1.10 1.06 1.06 1.07 1.09 1.09 1.08 1.12 1.12 1.11 1.12 1.10 1.10 1.12 1.10 1.12 1.11 1.12 1.12 1.13 1.16 1.17 1.21 1.25 1.26 1.22 1.24 1.26 1.30 1.34 1.36 1.41 1.44Efficiency 1.47 1.35 1.35 1.01 1.09 1.05 1.35 1.34 1.35 1.13 1.32 1.35 1.23 1.23 1.25 1.35 1.35 1.35 1.04 1.52 1.09 1.43 1.29 1.29 1.32 1.42 1.35 1.35 1.44 1.45 1.43 1.61 1.63 1.64 1.69 1.57 1.85 1.661 Bed 1.14 1.10 1.12 1.13 1.10 1.08 1.09 1.08 1.06 1.11 1.09 1.16 1.13 1.15 1.16 1.10 1.08 1.08 1.12 1.09 1.14 1.14 1.18 1.19 1.19 1.16 1.19 1.16 1.19 1.20 1.19 1.25 1.25 1.29 1.32 1.35 1.34 1.44 1.472 Bed, 1 Bath 1.04 1.02 1.09 1.04 1.07 1.11 1.05 1.04 1.04 1.06 1.05 1.03 0.97 1.01 1.03 1.11 0.99 0.98 1.06 1.05 1.08 1.11 1.13 1.12 1.14 1.11 1.17 1.11 1.14 1.14 1.15 1.22 1.19 1.24 1.25 1.24 1.29 1.36 1.382 Bed, 2 Bath 1.08 1.01 1.05 1.05 1.02 1.05 1.02 1.01 1.00 1.01 1.00 1.02 1.01 1.03 1.02 1.00 1.00 0.98 1.04 1.00 1.05 1.05 1.07 1.05 1.07 1.07 1.11 1.11 1.10 1.13 1.13 1.16 1.16 1.24 1.20 1.18 1.22 1.30 1.343 Bed 1.08 1.02 1.08 1.03 1.02 1.05 1.01 0.95 0.99 1.02 1.02 1.02 1.01 1.02 1.06 1.01 0.98 1.00 1.06 1.03 1.07 1.12 1.13 1.11 1.10 1.14 1.16 1.07 1.13 1.20 1.15 1.20 1.18 1.25 1.21 1.21 1.24 1.30 1.38All 1.10 1.05 1.09 1.08 1.06 1.07 1.05 1.04 1.03 1.06 1.05 1.08 1.06 1.08 1.09 1.06 1.04 1.03 1.08 1.05 1.10 1.11 1.13 1.12 1.14 1.12 1.16 1.13 1.15 1.17 1.16 1.21 1.20 1.27 1.26 1.27 1.29 1.38 1.41Efficiency 1.10 1.08 1.08 1.11 1.17 1.18 1.20 1.04 1.03 1.03 1.09 1.12 1.07 1.19 1.24 1.21 1.17 1.17 1.16 1.20 1.12 1.11 1.11 1.10 1.13 1.17 1.23 1.22 1.26 1.36 1.28 1.47 1.36 1.38 1.42 1.52 1.71 1.74 1.841 Bed 1.03 1.05 1.06 1.05 1.03 1.06 1.06 1.07 1.03 1.03 1.04 1.07 1.04 1.07 1.08 1.05 1.05 1.05 1.05 1.05 1.05 1.06 1.08 1.08 1.08 1.10 1.13 1.12 1.15 1.18 1.22 1.21 1.25 1.27 1.32 1.31 1.31 1.39 1.452 Bed, 1 Bath 0.87 0.87 0.85 0.86 0.87 0.89 0.89 0.88 0.85 0.86 0.87 0.91 0.88 0.90 0.92 0.90 0.91 0.91 0.91 1.06 0.90 0.93 0.92 0.93 0.93 0.92 0.95 0.95 0.97 0.99 1.01 1.00 1.02 1.05 1.09 1.07 1.10 1.15 1.222 Bed, 2 Bath 0.95 0.94 0.95 0.95 0.92 0.94 0.95 0.95 0.92 0.91 0.92 0.91 0.93 0.96 0.97 0.95 0.93 0.93 0.94 0.95 0.95 0.95 0.97 0.94 0.96 0.98 1.00 0.98 1.01 1.03 1.07 1.09 1.09 1.15 1.18 1.14 1.19 1.25 1.293 Bed 0.90 0.90 0.89 0.92 0.92 0.91 0.92 0.94 0.90 0.89 0.87 0.87 0.89 0.92 0.95 0.91 0.92 0.93 0.93 0.93 0.92 0.94 0.95 0.96 0.97 0.98 1.01 1.00 1.00 1.02 1.03 1.04 1.05 1.07 1.14 1.10 1.14 1.21 1.26All 0.96 0.97 0.97 0.97 0.96 0.98 0.98 0.99 0.95 0.95 0.96 0.97 0.96 1.00 1.01 0.99 0.99 0.98 0.99 1.02 0.98 1.00 1.01 1.00 1.01 1.02 1.05 1.04 1.06 1.09 1.12 1.12 1.14 1.18 1.22 1.20 1.22 1.29 1.34Efficiency 1.35 1.20 1.18 1.22 1.22 1.27 1.32 1.28 1.29 1.24 1.25 1.28 1.25 1.28 1.31 1.28 1.28 1.29 1.29 1.37 1.29 1.31 1.33 1.32 1.34 1.35 1.41 1.41 1.44 1.52 1.52 1.54 1.56 1.61 1.61 1.62 1.69 1.70 1.771 Bed 1.04 1.03 1.04 1.05 1.04 1.05 1.08 1.05 1.04 1.06 1.07 1.08 1.07 1.10 1.10 1.09 1.09 1.07 1.08 1.06 1.09 1.11 1.12 1.12 1.12 1.12 1.15 1.16 1.18 1.20 1.22 1.19 1.22 1.25 1.29 1.30 1.33 1.38 1.432 Bed, 1 Bath 0.90 0.90 0.91 0.91 0.92 0.92 0.93 0.92 0.92 0.95 0.93 0.93 0.92 0.95 0.96 0.96 0.96 0.95 0.96 0.96 0.97 0.99 0.99 0.99 0.98 0.97 1.00 0.99 1.01 1.03 1.05 1.04 1.06 1.09 1.12 1.13 1.15 1.19 1.242 Bed, 2 Bath 0.96 0.95 0.97 0.96 0.94 0.95 0.97 0.96 0.94 0.97 0.96 0.96 0.96 0.98 0.99 0.98 0.97 0.96 0.97 0.96 0.97 0.99 1.01 1.00 1.01 1.02 1.03 1.03 1.06 1.09 1.10 1.09 1.10 1.15 1.17 1.16 1.20 1.25 1.293 Bed 0.93 0.94 0.94 0.94 0.94 0.92 0.92 0.93 0.93 0.97 0.95 0.95 0.97 0.99 1.01 0.99 0.97 0.98 0.96 0.95 0.97 1.00 1.01 1.01 1.01 1.02 1.05 1.01 1.03 1.06 1.07 1.09 1.08 1.11 1.14 1.13 1.16 1.21 1.25All 1.00 0.99 1.00 1.00 0.99 1.00 1.02 1.01 1.00 1.02 1.01 1.02 1.02 1.04 1.05 1.04 1.03 1.02 1.03 1.02 1.04 1.06 1.07 1.07 1.07 1.07 1.09 1.09 1.12 1.14 1.16 1.14 1.16 1.20 1.23 1.23 1.27 1.32 1.36
2013
Dou
glas
2005
Met
ro A
vera
geJe
ffers
onBo
ulde
r/ Br
oom
field
Den
ver
2007 2010 2012
Average rent minus rental losses equals effective rent. Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.Rents are based on the units being unfurnished with tenants paying electricity and gas.
Adam
sAr
apah
oe
Average Rent per Square Foot by Apartment Type by County
201120092008
(In Dollars)
2006 2014
II-20
County 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 2nd 3rd 4th 1st 2nd 3rd 4th
Adams 499 below 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 1.25 1.49 1.36 1.23 1.24 1.23 1.28 1.38 1.29 1.35 1.33 1.38 1.46 1.33 1.35 1.39 1.62 1.44 1.42
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 1.24 1.28 1.30 1.38
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 1.20 1.24
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 1.21 1.24
Arapahoe 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 1.41 1.46 1.52 1.61
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 1.28 1.33
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 1.22 1.29
1000 above 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 1.19 1.22
499 below 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 1.91 1.96
500 to 749 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 1.65 1.65
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 1.41 1.49
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 1.26 1.26 1.32 1.36
Denver 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 1.77 1.83
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 1.44 1.49
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 1.40 1.38
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 1.26 1.32
Douglas 499 below
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 1.52 1.56
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 1.42 1.44
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 1.20 1.23 1.31 1.35
Jefferson 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 1.91 1.97
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 1.36 1.43
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 1.27 1.34
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 1.22 1.25
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 1.73 1.82
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 1.36 1.42
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 1.30 1.34
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 1.24 1.27
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.
2011
Boulder/ Broomfield
Metro Average
(In Dollars)Average Rent Per Square Foot by Apartment Unit Size by County
20092005 2007 2010 2014Apartment Size (Sq. Ft)
20122006 2008 2013
II-21
Building Type 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 2nd 3rd 4th 1st 2nd 3rd 4th
Size Up to 8 6.5 2.4 3.5 4.3 2.6 1.2 4.1 0.3 6.6 22.2 1.2 15.3 13.9 16.6 3.9 7.1 26.9 8.0 24.2 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 0.9 11.99 - 50 2.3 2.8 1.3 -7.1 6.8 3.3 5.2 2.1 3.5 13.8 4.9 11.6 8.2 12.1 1.7 4.3 3.6 10.7 13.7 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 13.6 6.851 - 99 5.4 3.6 4.7 7.3 7.4 11.0 13.2 5.7 4.8 6.8 7.9 5.0 5.9 11.2 5.6 6.8 5.3 5.0 13.3 12.2 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 6.7 12.1100 - 199 10.0 9.6 11.1 13.6 13.4 14.0 14.7 13.9 11.1 11.5 13.5 8.5 8.2 8.7 13.0 7.4 3.6 5.9 7.3 5.1 5.4 6.7 10.4 10.4 10.8 13.0 8.0 10.3 7.8 7.7 5.5 -3.1 10.5 4.3 4.2 5.6 8.5 8.4 8.1200 to 349 15.1 18.5 19.7 18.2 19.0 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 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 10.4 9.3350 up 19.9 17.3 20.3 20.5 17.9 18.6 17.9 17.7 18.4 11.3 9.7 10.9 11.0 10.4 13.3 9.1 6.6 7.0 13.4 9.0 11.5 11.2 15.5 9.8 8.7 12.6 12.9 8.4 10.8 11.0 11.9 9.7 5.6 10.5 7.0 10.9 6.1 8.5 9.1 AgeTo 1959 2.4 2.0 5.5 10.2 9.5 6.8 6.7 7.2 6.5 9.2 6.6 5.8 8.4 1.4 2.8 5.2 2.9 3.1 8.5 4.9 4.4 4.2 4.6 3.8 5.0 2.7 5.7 11.9 4.2 4.8 5.9 4.6 6.2 4.5 4.7 5.3 12.8 6.3 9.21960-69 2.8 6.5 5.8 5.8 9.4 14.2 10.9 6.0 1.9 15.3 10.6 12.8 15.5 15.5 6.6 8.2 5.4 10.5 10.4 8.6 16.9 4.2 9.6 7.7 9.6 6.5 9.4 7.9 5.7 6.6 5.6 3.0 4.6 6.5 5.6 5.6 2.9 2.8 4.31970-79 9.4 5.6 12.5 11.4 12.5 16.5 13.6 12.0 10.6 10.8 12.1 7.8 10.0 10.9 12.4 10.7 6.5 8.4 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 7.6 8.51980-89 8.7 15.1 18.7 14.3 12.6 16.2 16.9 16.4 13.6 12.2 12.2 10.8 10.8 12.2 14.3 9.1 7.9 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 10.0 8.91990-99 13.8 18.6 20.0 17.1 18.9 17.7 17.3 15.4 18.2 11.1 12.0 12.0 9.7 7.7 11.5 11.2 3.5 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 10.1 11.72000-04 19.0 23.8 21.2 24.5 22.7 20.7 19.2 19.2 18.5 13.3 12.0 11.4 10.5 12.6 8.7 8.3 7.6 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 9.1 7.72005 up 16.0 18.0 10.7 21.0 16.9 -5.4 23.0 17.6 7.3 4.2 34.1 32.9 8.1 18.6 12.2 18.0 17.5 22.7 15.5 22.0 11.2 18.9 18.6 9.4 8.9 9.0 13.1 8.4 2.8 5.8 10.5 7.9 3.2 6.7 8.2 8.6
CountyAdams 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 10.4 14.2 10.8 8.1 5.5 5.7 7.9 7.2 14.4 4.2 8.6 11.0Arapahoe 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 9.4 10.5Boulder/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 7.2 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 8.9 8.8Denver 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 8.5 5.8Douglas 20.6 25.8 22.6 26.7 22.8 26.1 17.4 19.0 18.9 16.7 13.9 11.1 8.4 9.9 16.4 11.2 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 14.6 7.2 13.3 8.5 12.4 11.7Jefferson 8.9 10.6 11.8 14.7 12.4 9.4 12.9 10.5 14.6 7.8 10.7 11.6 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 9.5 7.9
Average 15.0 15.4 17.3 16.7 16.4 17.1 16.3 15.3 14.3 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 8.8 7.7 6.9 9.3 9.1
201320092008 201220102007 20112005 2014
Average Rent Minus Rental Losses Equals Effective Rent
(In Percent)
Discounts/Concessions, Models, Delinquents, and Bad DebtsRental Losses from
2006
II-22
BuildingType 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 2nd 3rd 4th 1st 2nd 3rd 4th
Size (in units)Up to 6 17.5 12.8 10.0 11.9 8.1 9.5 9.8 4.0 11.0 29.5 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 3.5 2.7 14.19 - 50 12.9 12.9 11.6 3.0 14.1 10.5 11.5 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 18.9 9.651 - 99 15.2 11.5 13.3 15.5 14.3 18.6 20.8 14.4 11.2 13.0 13.3 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 10.3 15.1100 - 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 8.1 8.0 9.7 13.4 13.4 11.6200 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 15.2 13.0350 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 13.0 13.4 Age (year built)To 1959 10.2 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 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 12.7 11.41960-69 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 7.6 7.51970-79 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 11.9 12.01980-89 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 14.3 13.11990-99 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 9.8 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 14.8 15.92000-04 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 12.6 11.52005 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 16.8 13.3
CountyAdams 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 13.1 14.9Arapahoe 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 14.1 15.1Boulder/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 13.3 12.1Denver 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 14.1 9.2Douglas 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 16.2 15.4Jefferson 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 13.2 11.1
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 14.0 13.0
Defined as Physcial Vacancy Plus Concessions and Writeoffs
(In Percent)
20142011
Economic Vacancy Rates by Size, Age and County
2005 2006 20122008 2013
as a Percentage of Gross Potential Rent
20092007 2010
II-23
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 634.23 927.93 1025.65 1265.21 1476.72 1187.44 1066.70Arapahoe 799.91 960.11 1045.22 1308.75 1619.44 1618.69 1112.87Boulder/Broomfield 914.35 1147.34 1199.69 1516.80 1617.55 1513.09 1287.15Denver 946.85 1020.35 1072.75 1451.92 1601.54 1045.82 1118.11Douglas 915.00 1181.59 1329.15 1534.33 1893.15 2038.00 1372.28Jefferson 757.10 1017.75 1048.38 1342.47 1506.48 1154.62 1155.20Metro Average 892.57 1006.14 1078.38 1369.60 1591.57 1265.21 1145.49
By Market AreaAdams CountyAurora-North 605.67 673.60 832.69 703.23Commerce City 500.00 989.15 1100.78 1326.49 1515.43 1157.28Northglenn/Thornton 710.46 964.13 1046.52 1279.06 1413.52 1184.87 1101.00Westminster 625.85 887.62 1005.15 1235.62 1555.53 1390.00 1024.79Arapahoe CountyArapahoe County - South 1060.35 1106.81 1300.28 1463.03 1681.11 1844.36 1336.81Arapahoe County - Southeast 1131.67 1233.96 1452.48 1548.24 1688.14 2134.00 1398.62Aurora - Central Northeast 572.62 724.92 866.41 1128.59 1312.50 851.77Aurora - Central Northwest 802.00 988.99 1155.80 1299.66 1345.93 1140.45Aurora - Central Southeast 852.88 908.54 1116.42 1473.74 1730.71 990.55Aurora - Central Southwest 636.73 852.23 956.74 1179.44 1701.30 975.72Aurora - South 750.13 949.50 1064.74 1282.51 1673.62 1345.59 1109.39Englewood, Sheridan 575.25 982.67 1116.70 1406.97 1522.58 1117.07Glendale 764.78 913.56 1025.32 1275.87 1679.29 998.86Littleton 880.89 1084.15 1191.89 1407.28 2021.39 2616.00 1241.51Boulder/Broomfield CountiesBoulder County - Other 1086.00 1185.80 1284.23 1534.75 1549.64 1775.00 1372.32Broomfield 685.00 1075.78 1127.10 1425.12 1637.15 1767.45 1213.98City of Boulder - Except University 1183.33 1131.53 1198.36 1800.74 2136.82 1850.00 1387.61City of Boulder - University Area 822.14 1355.06 1555.26 2472.52 2416.67 1338.80Longmont 1071.21 1086.63 1223.14 1352.65 1486.58 1289.29 1226.67Denver City/CountyDenver - Central/Capitol Hill 788.07 1027.78 1281.10 1571.19 1770.10 1054.51Denver - Downtown 1191.10 1435.60 1447.08 1907.88 2764.45 2311.20 1550.82Denver - East Central/Lowry 859.76 1080.62 1364.00 1597.27 1052.40Denver - Far Southeast 805.54 898.78 1039.90 1239.29 1384.62 1255.90 999.08Denver - North Central/City Park 696.83 1353.70 1287.50 2080.71 2205.00 1415.01Denver - Northeast 1017.00 812.05 772.66 1230.23 1233.91 1012.50 932.90Denver - Northwest 1325.58 1307.00 1306.62 2028.52 701.45 1361.14Denver - South Central/Wash Park 1025.23 1045.22 1565.49 1811.64 1099.12 804.67 1214.03Denver - Southeast 786.75 826.30 973.66 1045.32 1300.13 717.86 902.78Denver - Southwest 566.77 944.58 1073.87 1306.18 2370.00 1041.14Denver - West Central 681.92 702.22 766.27 2060.00 946.75 776.00 734.48Douglas CountyCastle Rock 1102.15 1248.18 1303.31 1677.73 1259.88Douglas County - North 915.00 1192.72 1345.90 1570.89 1973.55 2038.00 1390.81Jefferson CountyArvada 968.88 1017.64 1012.76 1403.09 1386.92 1114.65Golden 657.50 1226.63 2979.44 1420.28 1235.13 1316.59Lakewood - North 489.14 952.26 1045.44 1408.65 1638.13 1243.34 1135.97Lakewood - South 730.60 1049.29 1138.56 1337.96 1599.66 1207.43 1210.86Wheat Ridge 761.73 803.79 911.04 840.98 1190.90 856.51 874.40
Average Rents for the Metropolitan Area(in dollars)
Efficency 1 Bed 3 Bed Other All
II-24
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 1390.00 1390.00Arapahoe 617.00 776.88 715.38Boulder/Broomfield 500.00 830.63 1523.33 1185.00 1018.00Denver 512.50 832.37 934.72 1207.50 472.50 890.53DouglasJefferson 480.00 736.67 1324.24 1196.70 1151.87Metro Average 494.17 781.48 1163.15 1185.00 1200.75 778.33 1009.95
By Market AreaAdams CountyAurora-NorthCommerce CityNorthglenn/ThorntonWestminster 1390.00 1390.00Arapahoe CountyArapahoe County - SouthArapahoe County - SoutheastAurora - Central NortheastAurora - Central Northwest 450.00 450.00Aurora - Central SoutheastAurora - Central SouthwestAurora - SouthEnglewood, SheridanGlendaleLittleton 658.75 776.88 737.50Boulder/Broomfield CountiesBoulder County - Other 891.25 1637.50 1140.00BroomfieldCity of Boulder - Except University 813.33 1185.00 999.17City of Boulder - University AreaLongmont 500.00 640.00 1295.00 811.67Denver City/CountyDenver - Central/Capitol Hill 650.00 771.50 1216.67 1132.50 892.50Denver - DowntownDenver - East Central/LowryDenver - Far Southeast 1500.00 1500.00Denver - North Central/City Park 1500.00 1500.00Denver - NortheastDenver - Northwest 375.00 675.00 821.50 445.00 741.79Denver - South Central/Wash Park 964.29 1100.00 500.00 927.78Denver - SoutheastDenver - SouthwestDenver - West Central 965.00 990.00 973.33Douglas CountyCastle RockDouglas County - NorthJefferson CountyArvada 698.33 930.71 823.46Golden 480.00 846.67 4659.00 2479.55Lakewood - North 795.00 1199.57 972.00Lakewood - South 775.00 775.00Wheat Ridge 703.33 790.08 1190.00 842.28
Average Rents for the Metropolitan Area - Buildings with up to Six Units(in dollars)
Efficency 1 Bed 3 Bed Other All
II-25
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 531.25 764.95 847.53 1074.69 979.80 840.39Arapahoe 610.00 719.09 797.06 933.33 929.17 752.47Boulder/Broomfield 727.50 922.88 1445.18 1180.00 1590.00 1054.24Denver 681.84 916.25 1175.54 1316.79 1266.07 1585.60 951.58DouglasJefferson 664.78 709.82 780.52 916.32 1045.00 1029.58 780.96Metro Average 678.24 877.54 1008.29 1176.32 1154.06 1322.22 913.03
By Market AreaAdams CountyAurora-North 650.00 800.00 740.00Commerce City 500.00 860.47 984.25 1199.00 987.25 948.42Northglenn/Thornton 750.00 850.00 950.00 808.33Westminster 625.00 657.50 767.06 795.00 731.88Arapahoe CountyArapahoe County - South 803.33 929.17 866.25Arapahoe County - SoutheastAurora - Central NortheastAurora - Central NorthwestAurora - Central SoutheastAurora - Central SouthwestAurora - SouthEnglewood, Sheridan 707.90 808.75 713.50GlendaleLittleton 610.00 729.24 795.39 1020.00 764.99Boulder/Broomfield CountiesBoulder County - OtherBroomfieldCity of Boulder - Except University 950.00 1015.50 1210.00 1230.00 1620.00 1067.55City of Boulder - University Area 825.00 1055.74 1685.29 1414.38 2650.00 1322.34Longmont 567.50 731.67 836.25 920.63 873.33 765.45Denver City/CountyDenver - Central/Capitol Hill 693.25 917.01 1201.58 1236.57 1321.43 946.80Denver - Downtown 901.00 901.00Denver - East Central/Lowry 1125.00 1125.00Denver - Far SoutheastDenver - North Central/City Park 696.83 1065.76 1287.50 1400.00 943.43Denver - NortheastDenver - Northwest 967.54 1125.23 1195.00 1114.79Denver - South Central/Wash Park 779.00 873.66 1045.79 1700.00 1350.00 2800.00 1045.64Denver - Southeast 752.50 1030.00 821.88Denver - Southwest 372.63 762.38 636.86Denver - West Central 845.00 975.00 776.00 807.76Douglas CountyCastle RockDouglas County - NorthJefferson CountyArvada 576.40 745.75 1016.67 791.11Golden 688.82 781.09 880.00 758.96Lakewood - North 600.00 708.15 770.00 917.22 1159.00 947.19 769.55Lakewood - South 767.50 855.00 1095.50 1008.79Wheat Ridge 590.00 666.16 809.25 900.00 815.00 748.41
Average Rents for the Metropolitan Area - Buildings with Seven to Thirty-Six Units(in dollars)
Efficency 1 Bed 3 Bed Other All
II-26
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 635.83 928.74 1027.70 1265.78 1479.30 1184.87 1068.03Arapahoe 800.82 962.09 1047.35 1309.19 1622.41 1618.69 1114.89Boulder/Broomfield 917.13 1155.63 1194.94 1519.71 1617.93 1513.09 1292.23Denver 974.70 1031.57 1065.62 1453.67 1615.72 987.58 1131.83Douglas 915.00 1181.59 1329.15 1534.33 1893.15 2038.00 1372.28Jefferson 772.25 1028.75 1064.26 1344.31 1517.58 1166.25 1167.86Metro Average 908.60 1010.99 1080.38 1370.42 1597.33 1262.92 1151.88
By Market AreaAdams CountyAurora-North 605.67 674.40 838.64 701.00Commerce City 995.78 1110.56 1331.43 1543.60 1169.33Northglenn/Thornton 710.46 964.47 1047.16 1279.06 1414.42 1184.87 1101.41Westminster 625.86 888.35 1007.45 1236.68 1555.53 1026.05Arapahoe CountyArapahoe County - South 1060.35 1106.81 1300.28 1466.11 1706.18 1844.36 1338.78Arapahoe County - Southeast 1131.67 1233.96 1452.48 1548.24 1688.14 2134.00 1398.62Aurora - Central Northeast 572.62 724.92 866.41 1128.59 1312.50 851.77Aurora - Central Northwest 802.00 989.25 1155.80 1299.66 1345.93 1140.61Aurora - Central Southeast 852.88 908.54 1116.42 1473.74 1730.71 990.55Aurora - Central Southwest 636.73 852.23 956.74 1179.44 1701.30 975.72Aurora - South 750.13 949.50 1064.74 1282.51 1673.62 1345.59 1109.39Englewood, Sheridan 575.25 994.03 1119.15 1406.97 1522.58 1126.94Glendale 764.78 913.56 1025.32 1275.87 1679.29 998.86Littleton 900.71 1109.71 1244.53 1411.76 2021.39 2616.00 1267.84Boulder/Broomfield CountiesBoulder County - Other 1086.00 1187.36 1280.76 1534.75 1549.64 1775.00 1372.99Broomfield 685.00 1075.78 1127.10 1425.12 1637.15 1767.45 1213.98City of Boulder - Except University 1195.00 1151.44 1198.13 1817.88 2148.84 1850.00 1407.21City of Boulder - University Area 822.13 1375.87 1500.00 2559.79 1950.00 1339.93Longmont 1095.88 1105.61 1226.76 1357.31 1501.66 1289.29 1239.38Denver City/CountyDenver - Central/Capitol Hill 812.42 1125.92 1350.25 1628.04 2171.55 1125.46Denver - Downtown 1191.10 1439.43 1447.08 1907.88 2764.45 2311.20 1553.08Denver - East Central/Lowry 844.48 1080.62 1364.00 1597.27 1050.39Denver - Far Southeast 805.54 898.78 1039.90 1239.29 1383.78 1255.90 999.00Denver - North Central/City Park 1455.96 2080.71 2400.00 1652.08Denver - Northeast 1017.00 812.05 772.66 1230.23 1233.91 1012.50 932.90Denver - Northwest 1343.19 1324.74 1748.70 2426.34 710.00 1409.15Denver - South Central/Wash Park 1095.86 1104.89 1606.85 1818.94 1096.42 629.00 1247.24Denver - Southeast 786.75 826.95 973.23 1045.32 1300.13 717.86 903.28Denver - Southwest 613.46 951.41 1073.87 1306.18 2370.00 1052.73Denver - West Central 681.92 702.22 755.24 2060.00 912.50 723.60Douglas CountyCastle Rock 1102.15 1248.18 1303.31 1677.73 1259.88Douglas County - North 915.00 1192.72 1345.90 1570.89 1973.55 2038.00 1390.81Jefferson CountyArvada 968.88 1021.43 1022.72 1403.09 1409.13 1121.78Golden 1278.30 1420.28 1235.13 1342.37Lakewood - North 471.40 988.48 1125.89 1429.71 1675.31 1270.73 1186.68Lakewood - South 730.60 1049.66 1142.15 1337.96 1599.66 1224.52 1211.91Wheat Ridge 767.46 815.64 929.40 840.58 1194.65 856.51 884.59
Average Rents for the Metropolitan Area - Buildings with Thirty-Seven and Above Units(in dollars)
Efficency 1 Bed 3 Bed Other All
II-27
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 730.00 911.00 794.64Arapahoe 842.09 955.41 1026.97 1331.13 1814.03 2100.00 1077.32Boulder/Broomfield 1250.00 1798.00 2400.00 1757.38Denver 1080.55 1258.33 1349.95 1686.26 1353.54 1009.79 1342.07DouglasJefferson 1121.05 1352.36 1234.29Metro Average 1054.34 1152.08 1234.05 1560.52 1455.03 1161.74 1261.83
By Market AreaAdams CountyAurora-NorthCommerce CityNorthglenn/ThorntonWestminster 730.00 911.00 794.64Arapahoe CountyArapahoe County - South 1198.00 1395.00 2307.00 3041.00 2100.00 1755.38Arapahoe County - SoutheastAurora - Central NortheastAurora - Central NorthwestAurora - Central SoutheastAurora - Central Southwest 1351.00 1699.00 2083.00 1541.06Aurora - South 687.50 931.39 1074.00 1182.96 1037.33Englewood, Sheridan 600.00 656.03 765.00 950.00 677.26Glendale 785.70 875.41 1005.66 1142.51 1400.00 935.16LittletonBoulder/Broomfield CountiesBoulder County - OtherBroomfieldCity of Boulder - Except University 1250.00 1798.00 2400.00 1757.38City of Boulder - University AreaLongmontDenver City/CountyDenver - Central/Capitol Hill 927.80 1183.53 1328.23 1498.89 1856.25 1192.39Denver - Downtown 1277.39 1490.60 1471.26 1935.78 2432.00 2464.58 1608.94Denver - East Central/LowryDenver - Far Southeast 1048.33 1156.58 1513.00 1192.35 1425.00 1675.00 1218.58Denver - North Central/City Park 1455.96 2080.71 2400.00 1652.08Denver - Northeast 587.50 662.50 712.50 937.50 1012.50 660.22Denver - Northwest 1343.19 1696.35 2044.15 2445.56 1753.71Denver - South Central/Wash Park 1214.82 1301.67 1959.24 1886.30 1096.42 806.22 1401.61Denver - Southeast 794.44 727.97 930.06 877.00 1112.50 619.00 809.19Denver - Southwest 613.46 763.87 868.45 724.27Denver - West Central 709.00 805.00 1008.00 2060.00 791.17Douglas CountyCastle RockDouglas County - NorthJefferson CountyArvadaGolden 1871.38 2363.63 2133.91Lakewood - NorthLakewood - South 1016.00 1179.00 1094.69Wheat Ridge
Average Rents for the Metropolitan Area - Buildings with Five Stories and Above(in dollars)
Efficency 1 Bed 3 Bed Other All
II-28
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 4thEfficency 663.36 729.95 728.63 512.76 521.40 514.20 493.62 629.64 493.45 595.20 686.00 653.36 497.49 514.25 594.00 676.73 702.27 677.27 624.16 701.75 732.81 671.40 635.00 803.25 853.51 601.25 597.191 Bed 695.61 741.40 752.27 735.45 714.80 712.92 698.05 708.81 721.02 745.48 783.20 765.16 783.66 786.37 803.36 792.03 779.40 793.20 767.72 780.22 793.75 812.60 821.52 823.78 886.35 895.21 938.852 Bed, 1 Bath 790.21 796.14 821.64 790.32 781.20 772.57 768.97 764.09 839.67 811.42 880.89 797.46 844.36 788.36 865.35 832.92 793.02 797.12 808.12 795.92 809.32 826.07 845.39 884.57 943.14 922.50 985.842 Bed, 2 Bath 938.80 990.08 971.09 970.45 970.46 977.07 933.63 935.27 985.21 971.53 989.41 990.97 994.69 1051.94 1070.68 1056.45 1054.66 1023.82 1066.03 1038.05 1103.39 1140.50 1178.69 1155.36 1190.74 1277.93 1289.413 Bed 1195.71 1220.91 1299.10 1219.00 1263.30 1263.95 1144.13 1091.43 1134.00 1164.66 1207.00 1169.86 1271.24 1255.18 1318.75 1312.31 1301.78 1302.55 1311.26 1348.67 1396.50 1388.50 1417.33 1242.50 1478.69 1490.82 1577.66Other 979.20 966.40 933.00 1081.45 825.00 796.69 792.40 834.73 835.53 830.00 863.86 1201.80 772.84 851.95 856.54 856.05 863.63 797.60 874.60 745.20 888.15 942.41 1013.43 1016.13 1024.57 1088.52 1206.65All 800.82 860.09 846.85 819.93 804.19 830.88 792.58 791.26 841.34 848.31 880.96 857.15 871.26 863.85 886.50 873.69 881.63 872.27 870.20 854.94 868.39 897.33 930.56 929.75 963.71 995.95 1060.11Efficency 522.83 549.66 539.97 506.74 520.67 471.39 508.58 491.69 478.53 505.62 563.55 499.53 531.60 516.17 514.86 519.33 554.33 591.89 548.46 679.69 580.76 681.42 640.71 614.68 636.52 665.32 716.431 Bed 692.64 702.28 712.16 696.99 698.93 671.26 695.23 682.06 696.61 704.76 714.65 716.19 728.56 717.26 740.27 722.67 740.45 777.85 785.29 766.38 781.08 816.84 846.26 823.80 849.95 895.36 935.692 Bed, 1 Bath 769.82 799.46 813.51 783.15 774.87 737.18 759.10 755.78 776.51 796.06 804.76 801.30 792.67 789.15 795.98 794.31 803.43 822.21 823.32 808.42 849.53 868.36 889.87 884.26 927.53 919.34 1017.312 Bed, 2 Bath 922.50 926.97 943.52 960.37 939.21 932.95 964.12 912.03 910.27 939.95 968.34 959.54 984.18 985.32 992.22 997.97 1004.74 1122.12 1127.86 1081.10 1062.30 1113.35 1162.13 1142.51 1191.28 1240.82 1283.863 Bed 1165.40 1194.58 1194.51 1187.51 1202.94 1211.50 1179.00 1196.42 1182.00 1263.00 1289.50 1292.50 1235.87 1319.84 1341.35 1245.69 1276.50 1348.30 1410.00 1408.33 1372.33 1334.40 1418.96 1437.68 1422.53 1509.33 1614.31Other 943.33 992.22 987.78 1012.33 890.44 844.00 892.22 924.33 1126.40 1063.00 1064.17 1062.83 1062.17 1037.83 1037.83 1065.33 1069.48 1184.89 1211.22 1182.22 1190.44 1205.40 1337.78 1280.89 1327.56 1336.50 1666.11All 793.42 803.78 813.80 817.00 811.29 766.91 797.97 775.82 804.38 806.11 831.40 829.84 825.08 838.79 844.77 840.24 849.43 902.88 899.56 885.48 891.96 939.48 946.55 942.98 974.17 1017.00 1082.34Efficency 591.11 782.25 761.20 748.00 703.73 711.21 731.84 694.11 730.69 732.50 730.75 737.93 736.33 756.13 805.71 760.00 784.38 809.63 782.72 818.56 858.80 892.22 744.05 781.00 985.00 958.29 905.001 Bed 831.50 848.72 929.41 819.20 814.27 837.06 838.45 848.61 876.13 881.92 847.46 840.79 869.68 887.72 919.34 916.29 954.05 958.53 948.68 959.71 1005.91 1053.17 1075.00 1087.00 1057.10 1087.67 1142.102 Bed, 1 Bath 834.40 847.82 864.36 878.08 878.45 860.57 868.03 859.19 852.88 848.26 882.52 933.47 954.84 954.21 920.81 923.49 978.23 964.20 1038.39 1073.99 1084.78 1066.17 1094.46 1126.18 1177.14 1167.52 1197.432 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 1159.90 1159.27 1138.14 1155.16 1274.69 1267.79 1337.68 1259.27 1257.63 1404.73 1471.72 1480.95 1447.21 1395.88 1543.34 1472.653 Bed 1190.50 1252.50 1292.55 1276.23 1221.75 1283.62 1268.54 1291.75 1294.50 1319.40 1304.91 1273.25 1319.44 1336.88 1370.50 1324.48 1458.50 1417.50 1405.00 1344.00 1375.00 1582.75 1589.50 1556.80 1701.61 1744.75 1567.03Other 796.65 1004.55 1056.08 1038.82 1038.82 1038.82 1038.82 1056.08 1088.82 1095.91 1120.91 1255.40 1344.80 1388.82 1288.82 1379.55 1494.80 921.65 921.65 921.54 922.58 947.69 947.69 1172.46 1120.62 1117.38 1298.38All 900.88 939.52 962.40 933.41 908.63 912.98 900.89 898.70 901.77 976.65 952.14 957.92 961.79 969.13 991.60 993.85 1014.74 1038.85 1095.91 1080.40 1088.75 1140.87 1171.68 1169.91 1186.28 1235.23 1249.25Efficency 585.05 586.95 579.56 567.78 560.87 569.66 583.13 598.60 591.04 604.62 589.58 592.16 612.51 630.74 664.63 631.86 662.74 693.65 720.82 686.98 747.69 789.88 798.15 778.31 834.31 889.64 891.191 Bed 709.48 712.36 716.15 729.99 717.59 710.60 729.80 714.86 728.44 712.75 731.88 736.69 738.83 737.69 746.61 768.28 780.53 797.76 824.09 771.98 829.48 839.92 857.19 879.12 905.13 926.17 930.982 Bed, 1 Bath 761.44 801.30 794.22 808.07 813.26 772.78 784.20 745.70 838.18 844.91 828.27 802.27 794.33 765.12 809.20 818.78 878.81 876.38 862.23 809.29 848.19 858.42 894.97 937.62 903.88 983.13 986.532 Bed, 2 Bath 1017.87 996.59 996.61 1003.89 1015.48 1012.45 965.53 985.72 1010.27 990.80 966.00 977.63 978.63 984.13 998.38 1017.09 1104.38 1179.63 1093.91 1131.19 1129.26 1191.32 1243.51 1211.71 1249.14 1351.89 1327.403 Bed 1416.45 1394.00 1389.81 1384.29 1249.63 1295.50 1225.00 1218.19 1203.15 1203.47 1213.79 1214.33 1213.67 1196.67 1246.15 1274.74 1307.16 1309.29 1319.95 1424.24 1313.90 1384.05 1373.07 1418.45 1343.54 1495.81 1438.00Other 1082.00 1004.00 1000.00 998.29 1063.00 1382.00 917.50 1058.13 1061.29 1068.02 638.75 523.67 524.67 523.33 1381.00 548.60 571.27 642.80 693.27 2008.34 671.40 671.07 708.60 697.67 709.40 673.20 708.60All 792.76 800.19 808.46 809.75 794.74 785.91 785.26 779.53 801.41 814.14 809.30 806.79 818.53 800.94 853.34 834.48 867.56 888.95 887.05 859.14 890.44 906.70 933.29 961.70 972.35 1018.54 1003.56Efficency 738.00 663.00 663.00 688.00 738.00 738.00 738.00 563.00 838.00 588.00 750.00 713.00 713.00 738.00 788.00 738.00 738.00 788.00 788.00 750.00 888.00 888.00 888.00 938.00 863.00 1013.00 913.001 Bed 865.20 858.90 848.82 830.38 831.26 828.04 862.26 822.73 864.82 862.86 941.95 898.70 910.71 903.17 905.08 887.06 923.88 944.90 912.17 1006.37 1008.43 1019.86 1073.73 1035.77 1067.03 1119.46 1159.172 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 1038.62 1041.00 1041.10 1130.33 1021.08 1153.27 1038.12 1085.51 1161.45 1129.75 1173.57 1196.54 1180.75 1243.50 1312.78 1318.632 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 1160.00 1194.26 1208.90 1205.62 1184.93 1258.34 1220.53 1265.45 1323.42 1260.79 1388.96 1349.51 1289.89 1345.53 1468.89 1444.833 Bed 1357.65 1351.22 1430.44 1377.22 1287.69 1294.31 1431.09 1366.47 1415.61 1607.57 1606.43 1514.00 1395.54 1537.89 1540.09 1330.50 1556.00 1528.73 1530.67 1566.27 1565.18 1727.50 1577.50 1494.00 1632.08 1716.11 1784.00Other 1238.00 1238.00 1238.00 1244.26 1388.00 1542.00 1038.00 1038.00 1038.00 1913.00 1913.00 1913.00 1913.00 1938.00 2013.50 2013.50All 941.51 1009.32 1018.39 956.59 981.90 963.78 1015.36 1011.78 1036.39 1024.27 1111.17 1043.79 1061.57 1015.33 1071.85 1046.92 1049.33 1053.92 1091.66 1141.19 1137.94 1184.58 1188.00 1199.02 1232.88 1321.68 1327.02Efficency 660.00 524.93 524.16 523.09 521.12 520.75 516.23 522.91 517.02 516.98 529.60 541.00 568.29 581.65 634.25 632.53 655.12 657.82 656.25 588.72 662.36 697.47 711.01 703.77 697.91 841.31 760.271 Bed 717.96 722.68 729.85 718.27 684.40 694.00 691.44 702.01 698.46 711.34 752.37 737.28 724.24 747.63 761.23 767.34 774.56 798.99 858.65 830.30 855.70 869.33 916.80 858.91 890.82 960.96 1024.732 Bed, 1 Bath 757.63 756.43 768.54 745.31 749.32 757.26 756.89 749.52 776.46 786.35 771.55 809.40 807.31 772.33 811.44 797.76 816.16 822.89 815.48 832.59 821.21 839.43 874.10 888.68 885.68 932.32 965.532 Bed, 2 Bath 937.69 939.20 958.37 905.91 911.90 881.18 914.68 919.93 926.46 921.66 956.22 924.78 939.75 968.47 1006.82 951.88 991.00 1008.94 1107.92 1092.83 1091.13 1203.04 1228.88 1107.73 1183.91 1240.08 1352.923 Bed 1081.94 1080.96 1111.56 1032.26 1033.11 1086.62 1083.50 1083.97 1079.86 1093.17 1130.85 1145.26 1131.56 1155.84 1159.13 1166.11 1165.13 1187.11 1278.56 1165.68 1145.74 1237.68 1343.44 1283.71 1293.05 1403.08 1490.79Other 901.41 912.25 911.88 951.90 957.18 941.87 938.69 938.41 940.47 940.71 979.35 979.35 984.61 939.06 943.29 949.08 835.00 877.30 999.25 1003.84 907.00 1024.20 1020.71 865.00 1155.00 1045.50 1133.20All 798.25 783.40 808.45 769.71 776.89 773.87 767.07 780.74 787.94 795.47 828.57 823.47 828.82 813.50 837.55 836.43 847.52 877.08 913.87 902.83 927.45 960.76 996.00 956.59 992.13 1064.84 1127.80Efficency 584.82 592.10 582.07 566.98 570.29 581.92 588.23 596.64 571.13 579.18 613.21 617.73 614.10 602.36 644.04 635.77 657.78 680.71 706.89 699.90 701.34 737.33 720.84 732.32 778.34 831.78 807.271 Bed 722.14 735.56 745.89 738.93 724.82 710.88 726.67 711.90 728.63 735.15 749.67 747.91 760.10 759.83 778.94 780.20 789.42 814.21 842.59 820.61 844.78 865.87 892.10 889.34 911.00 953.76 991.502 Bed, 1 Bath 789.41 809.05 826.45 801.88 804.14 769.97 782.65 769.37 809.55 826.90 838.76 830.29 834.19 810.13 858.70 835.18 841.84 854.70 862.09 834.47 863.38 880.43 898.29 932.48 942.99 974.39 1028.152 Bed, 2 Bath 962.72 980.89 988.95 988.68 966.46 964.30 982.39 963.07 964.45 973.29 992.71 986.01 997.82 1018.22 1032.43 1031.29 1057.14 1102.00 1139.03 1130.18 1130.91 1192.96 1232.96 1199.90 1246.34 1321.02 1336.043 Bed 1199.32 1210.45 1268.08 1214.02 1209.31 1216.93 1198.11 1193.86 1162.92 1235.78 1252.71 1244.29 1257.54 1277.71 1332.51 1271.46 1315.06 1340.94 1359.79 1406.18 1367.40 1394.86 1458.05 1422.06 1465.71 1524.88 1569.41Other 956.20 980.00 979.97 992.55 942.14 932.00 912.25 947.68 992.85 1045.31 986.29 998.70 989.53 976.16 1023.93 979.81 980.29 907.35 953.47 1122.00 947.60 1012.20 1019.68 1031.85 1118.80 980.80 1212.77All 820.85 833.75 841.81 829.24 821.14 808.42 817.09 811.32 836.61 842.70 856.64 846.36 858.97 863.37 881.67 870.71 891.85 916.08 919.97 911.12 934.82 960.57 987.63 990.31 1021.29 1067.87 1109.32
2012County 201320102009
Den
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Adam
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apah
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Apartment Type20112008 2014
(in dollars)Median Rents by Apartment Type by County
Average rent minus rental losses equals effective rent.Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Met
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II-29
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1,081.39 1,070.34 1,184.99 1,399.19 1,689.45 1,225.94 775.99 938.51 997.87 1,321.99 1,483.24 1,056.60 169.34
Patio or Balcony 976.07 1,041.37 1,110.42 1,383.46 1,648.40 1,187.20 675.02 806.14 943.21 1,099.64 1,127.87 872.28 314.92
Fireplace 983.64 1,044.48 1,150.91 1,380.98 1,688.20 1,202.66 815.20 930.12 996.78 1,322.21 1,380.64 1,026.03 176.63
Nine-Foot Ceilings 1,144.53 1,151.93 1,246.75 1,477.13 1,765.96 1,314.09 741.59 855.01 984.48 1,150.28 1,321.51 955.16 358.93
Swimming Pool 941.63 1,013.31 1,088.67 1,374.17 1,634.81 1,163.10 782.01 953.10 1,020.82 1,290.95 1,205.65 1,010.17 152.92
Spa or Sauna 983.41 1,094.73 1,221.66 1,448.14 1,719.31 1,255.07 825.91 892.63 983.76 1,220.85 1,444.25 1,008.63 246.44
Exercise Room 986.55 1,059.38 1,150.27 1,407.96 1,673.68 1,210.78 712.00 821.17 957.43 1,087.55 1,295.49 916.60 294.18
Sport Court 886.01 976.59 1,086.65 1,339.42 1,567.43 1,136.32 894.06 1,018.72 1,075.35 1,385.07 1,606.12 1,149.48 -13.16
Microwave 1,054.87 1,126.86 1,240.90 1,456.79 1,727.19 1,280.21 774.28 866.07 993.32 1,199.99 1,431.10 989.03 291.18
Washer/Dryer Hookups 1,133.98 1,086.00 1,172.64 1,399.42 1,676.70 1,240.49 782.33 912.58 1,002.13 1,303.07 1,426.65 1,022.49 218.01
Garbage Disposal 923.07 1,011.32 1,088.73 1,380.94 1,606.39 1,156.02 702.18 901.91 923.47 1,107.78 1,299.06 954.21 201.81
Dishwasher 966.18 1,032.62 1,102.75 1,381.24 1,620.38 1,175.25 676.80 795.27 914.54 1,133.82 1,254.76 877.97 297.28
Air Conditioning 936.93 1,017.30 1,093.91 1,382.14 1,622.81 1,162.19 656.20 843.93 930.56 1,092.11 1,213.57 915.35 246.84
Ceiling Fan 899.83 1,010.96 1,072.77 1,380.54 1,622.16 1,150.79 872.18 993.60 1,091.11 1,342.01 1,527.28 1,132.36 18.43
Attached Garage 1,057.65 1,200.50 1,347.89 1,546.79 1,752.93 1,370.87 853.81 957.99 1,044.54 1,298.51 1,532.62 1,083.81 287.06
Covered Parking 1,022.30 1,060.10 1,142.04 1,401.17 1,658.71 1,198.19 742.42 950.41 1,039.31 1,333.76 1,542.08 1,094.57 103.61
Clubhouse 977.67 1,067.47 1,154.62 1,413.06 1,651.72 1,217.07 767.62 839.73 948.91 1,147.87 1,367.16 939.39 277.68
Business Center 998.80 1,084.08 1,169.47 1,427.62 1,660.17 1,237.01 802.92 871.96 983.18 1,188.41 1,425.25 979.36 257.65
Pets Allowed 931.45 1,022.04 1,099.43 1,389.11 1,628.18 1,169.88 732.34 839.49 912.93 1,042.50 1,146.01 893.92 275.96
Resident Pays Sewer/Water 994.66 1,049.83 1,108.53 1,402.19 1,682.79 1,198.30 730.76 842.40 996.69 1,128.64 1,241.37 938.26 260.04
Unit Security/Alarm System 989.12 1,118.80 1,275.06 1,422.88 1,731.74 1,275.22 875.92 987.17 1,053.69 1,357.13 1,563.67 1,121.96 153.26
Handicapped Access 1,022.22 1,079.93 1,166.07 1,437.17 1,673.00 1,233.02 757.89 890.05 990.49 1,218.92 1,441.09 1,005.32 227.70
Heat Included in Rent 691.45 809.17 992.76 1,138.64 1,070.31 857.46 961.52 1,023.56 1,086.89 1,372.97 1,614.46 1,166.88 -309.42
All Efficiency 1 BedFeature/Amenity Efficiency 1 Bed 3 Bed
Average Rent for Apartment Building/Community Features and Amenities(In Dollars)
With Feature/Amenity Without Feature/Amenity
3 Bed All
II-30
County 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4thAdams 0 240 0 0 240 0 0 342 0 342 0 0 39 0 39 0 0 0 0 0 36026 36266 36266 36266 36266 36266 36266 36608 36608 36608 36608 36608 36647 36647 36647 36647 36647 36647 36647 36647Arapahoe 0 0 0 558 558 80 20 876 0 976 0 84 436 0 520 166 0 0 0 166 57741 57741 57741 58299 58299 58379 58399 59275 59275 59275 59275 59359 59795 59795 59795 59961 59961 59961 59961 59961
0 60 77 231 368 0 55 206 376 637 307 0 238 0 545 0 96 0 0 9632535 32595 32672 32903 32903 32903 32958 33164 33540 33540 33847 33847 34085 34085 34085 34085 34181 34181 34181 34181
Denver 0 0 79 37 116 0 201 151 203 555 1094 609 605 169 2477 7 0 0 146 153 102938 102938 103017 103054 103054 103054 103255 103406 103609 103609 104703 105312 105917 106086 106086 106093 106093 106093 106239 106239Douglas 0 270 370 88 728 137 0 0 210 347 0 0 210 0 210 0 0 0 0 0 9505 9775 10145 10233 10233 10370 10370 10370 10580 10580 10580 10580 10790 10790 10790 10790 10790 10790 10790 10790Jefferson 120 72 60 0 252 0 0 30 0 30 0 0 0 0 0 0 0 0 83 83 41326 41398 41458 41458 41458 41458 41458 41488 41488 41488 41488 41488 41488 41488 41488 41488 41488 41488 41571 41571
120 642 586 914 2262 217 276 1605 789 2887 1401 693 1528 169 3791 173 96 0 229 498280071 280713 281299 282213 282213 282430 282706 284311 285100 285100 286501 287194 288722 288891 288891 289064 289160 289160 289389 289389
County 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4thAdams 0 0 19 0 19 0 0 0 0 0 220 0 0 0 220 0 0 322 322 36647 36647 36666 36666 36666 36666 36666 36666 36666 36666 36886 36886 36886 36886 36886 36886 36886 37208 0Arapahoe 0 0 454 0 454 0 0 0 36 36 0 86 0 55 141 174 66 548 788 59961 59961 60415 60415 60415 60415 60415 60415 60451 60451 60451 60537 60537 60592 60592 60766 60832 61380 0
21 238 26 0 285 0 0 0 146 146 788 95 1481 721 3085 483 179 386 104834202 34440 34466 34466 34466 34466 34466 34466 34612 34612 35400 35495 36976 37697 37697 38180 38359 38745 0
Denver 41 190 66 215 512 276 135 573 87 1071 0 0 0 0 0 0 0 0 0 106280 106470 106536 106751 106751 107027 107162 107735 107822 107822 107822 107822 107822 107822 107822 107822 107822 107822 0Douglas 0 0 0 62 62 0 0 232 60 292 83 48 0 0 131 0 421 0 421 10790 10790 10790 10852 10852 10852 10852 11084 11144 11144 11227 11275 11275 11275 11275 11275 11696 11696 0Jefferson 0 91 0 15 106 0 428 0 0 428 0 0 110 56 166 0 595 0 595 41571 41662 41662 41677 41677 41677 42105 42105 42105 42105 42105 42105 42215 42271 42271 42271 42866 42866 0
62 519 565 292 1438 276 563 805 329 1973 1091 229 0 832 2152 657 1261 1256 3174289451 289970 290535 290827 290827 291103 291666 292471 292800 292800 293891 294120 295711 296543 296543 297200 298461 299717 297200
Bottom number denotes total units at end of quarter.Top number denotes apartment units added in quarter.
Metro Area Total
Boulder/ Broomfield
Yearly Total
Yearly TotalYearly Total
2014
Yearly Total
2010
2011 2012
Yearly Total
Estimate of New Apartments by County by Quarter
2008
Yearly TotalYearly Total
Metro Area Total
20092007
Yearly Total
Boulder/ Broomfield
2013
II-31
First Second Third Fourth Year-End2005 Units to Start Quarter/Year 276696 277485 278560 278929 276696
Units Added this Quarter 789 1075 369 284 2517Total Units Available 277485 278560 278929 279213 279213Quarterly Vacancy Rate 0.093 0.080 0.077 0.079 0.079Units Rented 252228 256765 257943 257645 257645Units Vacant 25789 22327 21518 22100 22100Number Absorbed this Quarter/Year 2706 4537 1178 -298 8123
2006 Units to Start Quarter/Year 279213 279367 279497 279572 279213Units Added this Quarter 154 130 75 379 738Total Units Available 279367 279497 279572 279951 279951Quarterly Vacancy Rate 0.074 0.069 0.067 0.070 0.070Units Rented 258694 260212 260841 260354 260354Units Vacant 20673 19285 18731 19597 19597Number Absorbed this Quarter/Year 1049 1518 629 -487 2709
2007 Units to Start Quarter/Year 279951 280071 280713 281299 279951Units Added this Quarter 120 642 586 914 2262Total Units Available 280071 280713 281299 282213 282213Quarterly Vacancy Rate 0.071 0.062 0.053 0.061 0.061Units Rented 260186 263309 266390 264998 264998Units Vacant 19885 17404 14909 17215 17215Number Absorbed this Quarter/Year -168 3123 3081 -1392 4644
2008 Units to Start Quarter/Year 282213 282430 282706 284311 282213Units Added this Quarter 217 276 1605 789 2887Total Units Available 282430 282706 284311 285100 285100Quarterly Vacancy Rate 0.059 0.062 0.065 0.079 0.079Units Rented 265767 265178 265831 262577 262577Units Vacant 16663 17528 18480 22523 22523Number Absorbed this Quarter/Year 769 -589 653 -3254 -2421
2009 Units to Start Quarter/Year 285100 286501 287194 288722 285100Units Added this Quarter 1401 693 1528 169 3791Total Units Available 286501 287194 288722 288891 288891Quarterly Vacancy Rate 0.084 0.090 0.074 0.077 0.077Units Rented 262435 261347 267357 266646 266646Units Vacant 24066 25847 21365 22245 22245Number Absorbed this Quarter/Year -142 -1088 6010 -711 4069
2010 Units to Start Quarter/Year 288891 289064 289160 289160 288891Units Added this Quarter 173 96 0 229 498Total Units Available 289064 289160 289160 289389 289389Quarterly Vacancy Rate 0.065 0.061 0.053 0.055 0.055Units Rented 270275 271521 273835 273473 273473Units Vacant 18789 17639 15325 15916 15916Number Absorbed this Quarter/Year 3629 1246 2314 -362 6827
2011 Units to Start Quarter/Year 289389 289451 289970 290535 289389Units Added this Quarter 62 519 565 292 1438Total Units Available 289451 289970 290535 290827 290329Quarterly Vacancy Rate 5.5% 4.8% 4.8% 5.4% 5.4%Units Rented 273531 276051 276478 275009 275009Units Vacant 15920 13919 14057 15818 15791Number Absorbed this Quarter/Year 58 2520 427 -1469 1536
2012 Units to Start Quarter/Year 290827 291103 291666 292471 290827Units Added this Quarter 276 563 805 329 1973Total Units Available 291103 291666 292471 292800 292800Quarterly Vacancy Rate 4.9% 4.8% 4.3% 4.9% 4.9%Units Rented 276816 277700 280024 278377 278377Units Vacant 14287 13966 12447 14423 14423Number Absorbed this Quarter/Year 1807 885 2323 -1647 3368
2013 Units to Start Quarter/Year 292800 293891 294120 295711 292800Units Added this Quarter 1091 229 1591 832 3743Total Units Available 293891 294120 295711 296543 296543Quarterly Vacancy Rate 4.6% 4.2% 4.4% 5.2% 5.2%Units Rented 280511 282031 283107 281289 281289Units Vacant 13380 12089 12604 15254 15254Number Absorbed this Quarter/Year 2330 1519 1077 -1817 3109
2014 Units to Start Quarter/Year 296543 297200 297804 296543Units Added this Quarter 657 1261 1256 3174Total Units Available 297200 297804 299060 299717Quarterly Vacancy Rate 5.1% 4.7% 3.9% 3.9%Units Rented 280957 284178 288648 288648Units Vacant 16243 14282 11069 11069Number Absorbed this Quarter/Year -102 3221 4470 7589
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.
Apartment Unit Absorption by Quarter and Year
II-32
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Building Type 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 4th Ave 1st 2nd 3rd 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 3.6 7.7 4.3
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 3.4 6.1 4.3
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 4.2 4.2 3.8
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 5.1 5.6 4.7
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 5.2 6.5 5.1
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 5.0 6.3 5.0
AgeTo 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 4.4 5.5 4.1
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 4.6 4.6 4.3
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 4.6 6.5 4.9
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 5.2 5.8 5.0
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 5.4 6.0 5.0
2000-2004 3.7 5.2 6.4 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 5.1 6.2 5.0
2005 up 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 5.3 7.6 5.3
CountyAdams 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 5.1 6.1 5.1
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 5.0 5.6 4.7
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 5.9 6.4 5.2
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 5.0 7.6 5.4
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 4.6 6.1 4.7
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 4.8 5.2 4.4
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 5.1 6.2 4.9
Resident turnover is for respective months of February, May, August and November.
2010 20122011
(In Percent)
Monthly Resident Turnover
2007 2009
By Size, Age of Building, and County
20132008 20142005 2006
II-33
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225 2 0.0% 2 0.0%$226 to $250 1 0.0% 1 0.0%$251 to $275$276 to $300$301 to $325 2 0.0% 2 0.0%$326 to $350 2 0.0% 2 0.0%$351 to $375 1 3 33.3% 1 3 33.3%$376 to $400 1 39 2.6% 1 39 2.6%$401 to $425 21 0.0% 1 0.0% 22 0.0%$426 to $450 3 0.0% 1 0.0% 4 0.0%$451 to $475 1 0.0% 1 0.0%$476 to $500 1 62 1.6% 1 32 3.1% 1 0.0% 2 95 2.1%$501 to $525 5 0.0% 3 0.0% 2 0.0% 10 0.0%$526 to $550 22 0.0% 13 155 8.4% 3 0.0% 13 180 7.2%$551 to $575 21 0.0% 21 222 9.5% 4 0.0% 21 247 8.5%$576 to $600 8 186 4.3% 1 707 0.1% 16 0.0% 9 909 1.0%$601 to $625 1 247 0.4% 35 723 4.8% 9 0.0% 1 5 20.0% 37 984 3.8%$626 to $650 8 169 4.7% 3 365 0.8% 16 0.0% 1 180 0.6% 12 730 1.6%$651 to $675 10 262 3.8% 17 312 5.4% 105 0.0% 3 0.0% 27 682 4.0%$676 to $700 9 240 3.8% 61 1425 4.3% 1 45 2.2% 1 0.0% 71 1711 4.1%$701 to $725 14 168 8.3% 78 1893 4.1% 14 463 3.0% 80 0.0% 30 0.0% 106 2634 4.0%$726 to $750 8 131 6.1% 77 2136 3.6% 14 481 2.9% 3 0.0% 7 82 8.5% 106 2833 3.7%$751 to $775 2 99 2.0% 28 1573 1.8% 7 285 2.5% 12 0.0% 37 1969 1.9%$776 to $800 2 383 0.5% 70 3180 2.2% 7 321 2.2% 2 53 3.8% 48 0.0% 81 3985 2.0%$801 to $825 7 262 2.7% 99 2436 4.1% 10 320 3.1% 3 63 4.8% 1 2 50.0% 120 3083 3.9%$826 to $850 1 16 6.3% 91 2255 4.0% 49 1231 4.0% 6 213 2.8% 4 0.0% 48 0.0% 147 3767 3.9%$851 to $875 28 938 3.0% 19 459 4.1% 2 314 0.6% 2 0.0% 22 0.0% 49 1735 2.8%$876 to $900 6 113 5.3% 72 1883 3.8% 19 949 2.0% 15 285 5.3% 1 0.0% 26 0.0% 112 3257 3.4%$901 to $925 4 180 2.2% 66 1935 3.4% 14 825 1.7% 20 635 3.1% 18 0.0% 5 0.0% 104 3598 2.9%$926 to $950 3 63 4.8% 99 1959 5.1% 36 983 3.7% 23 674 3.4% 85 0.0% 5 0.0% 161 3769 4.3%$951 to $975 3 0.0% 43 1424 3.0% 29 969 3.0% 18 763 2.4% 4 0.0% 7 0.0% 90 3170 2.8%$976 to $1000 5 165 3.0% 62 1784 3.5% 23 797 2.9% 10 524 1.9% 5 0.0% 9 0.0% 100 3284 3.0%$1001 to 1025 5 106 4.7% 68 2389 2.8% 24 552 4.3% 8 341 2.3% 2 74 2.7% 22 0.0% 107 3484 3.1%$1026 to 1050 2 0.0% 46 1882 2.4% 32 580 5.5% 49 1051 4.7% 1 78 1.3% 8 0.0% 128 3601 3.6%$1051 to 1075 52 0.0% 69 1888 3.7% 20 590 3.4% 10 249 4.0% 3 46 6.5% 12 0.0% 102 2837 3.6%$1076 to 1100 4 129 3.1% 118 2971 4.0% 7 243 2.9% 9 344 2.6% 2 46 4.3% 1 106 0.9% 141 3839 3.7%$1101 to 1125 15 52 28.8% 103 1344 7.7% 23 423 5.4% 15 641 2.3% 1 57 1.8% 7 0.0% 157 2524 6.2%$1126 to 1150 6 399 1.5% 85 2113 4.0% 50 545 9.2% 23 1205 1.9% 7 0.0% 6 43 14.0% 170 4312 3.9%$1151 to 1175 3 18 16.7% 66 1701 3.9% 29 668 4.3% 5 240 2.1% 3 103 2.9% 5 0.0% 106 2735 3.9%$1176 to 1200 42 0.0% 48 1554 3.1% 18 478 3.8% 84 1517 5.5% 2 63 3.2% 8 51 15.7% 160 3705 4.3%$1201 to 1225 1 20 5.0% 41 1377 3.0% 7 478 1.5% 10 307 3.3% 2 106 1.9% 52 0.0% 61 2340 2.6%$1226 to 1250 1 89 1.1% 60 1352 4.4% 9 346 2.6% 113 2364 4.8% 49 0.0% 3 0.0% 183 4203 4.4%$1251 to 1275 6 51 11.8% 20 468 4.3% 28 580 4.8% 59 1160 5.1% 2 82 2.4% 3 106 2.8% 118 2447 4.8%$1276 to 1300 1 70 1.4% 42 1337 3.1% 29 737 3.9% 90 2036 4.4% 1 46 2.2% 138 0.0% 163 4364 3.7%$1301 to 1325 51 0.0% 24 960 2.5% 54 650 8.3% 16 903 1.8% 93 0.0% 8 0.0% 94 2665 3.5%$1326 to 1350 4 59 6.8% 17 431 3.9% 16 520 3.1% 37 1174 3.2% 8 107 7.5% 1 0.0% 82 2292 3.6%$1351 to 1375 1 46 2.2% 46 576 8.0% 16 291 5.5% 70 1556 4.5% 5 76 6.6% 138 2545 5.4%$1376 to 1400 20 486 4.1% 24 517 4.6% 49 984 5.0% 8 192 4.2% 2 0.0% 101 2181 4.6%$1401 to 1425 3 107 2.8% 64 383 16.7% 6 77 7.8% 15 616 2.4% 6 204 2.9% 94 1387 6.8%$1426 to 1450 2 25 8.0% 10 442 2.3% 32 0.0% 73 1376 5.3% 2 53 3.8% 87 1928 4.5%$1451 to 1475 3 0.0% 10 427 2.3% 4 106 3.8% 44 767 5.7% 8 212 3.8% 66 1515 4.4%$1476 to 1400 1 8 12.5% 25 325 7.7% 5 321 1.6% 38 803 4.7% 6 115 5.2% 75 1572 4.8%$1501 to 1525 5 60 8.3% 5 86 5.8% 4 132 3.0% 53 1629 3.3% 1 80 1.3% 68 1987 3.4%$1526 to 1550 35 469 7.5% 25 0.0% 33 596 5.5% 8 165 4.8% 76 1255 6.1%$1551 to 1575 5 129 3.9% 2 58 3.4% 21 844 2.5% 12 234 5.1% 1 81 1.2% 41 1346 3.0%$1576 to 1500 31 0.0% 4 106 3.8% 29 942 3.1% 11 313 3.5% 44 1392 3.2%$1601 to 1625 9 0.0% 1 104 1.0% 9 204 4.4% 3 157 1.9% 13 474 2.7%$1626 to 1650 52 0.0% 15 600 2.5% 2 63 3.2% 17 715 2.4%$1651 to 1675 2 47 4.3% 85 0.0% 22 732 3.0% 2 52 3.8% 60 0.0% 26 976 2.7%$1676 to 1600 42 0.0% 2 44 4.5% 38 375 10.1% 9 129 7.0% 49 590 8.3%$1701 to 1725 4 194 2.1% 2 38 5.3% 5 111 4.5% 3 73 4.1% 14 416 3.4%$1726 to 1750 2 44 4.5% 6 79 7.6% 32 572 5.6% 13 213 6.1% 53 908 5.8%$1751 to 1775 4 0.0% 16 210 7.6% 1 42 2.4% 9 0.0% 17 265 6.4%$1776 to 1800 2 75 2.7% 6 42 14.3% 13 372 3.5% 7 207 3.4% 30 0.0% 28 726 3.9%$1801 to 1825 19 185 10.3% 2 36 5.6% 2 9 22.2% 23 230 10.0%$1826 to 1850 29 0.0% 1 0.0% 26 493 5.3% 1 135 0.7% 44 0.0% 27 702 3.8%$1851 to 1875 2 121 1.7% 2 36 5.6% 21 267 7.9% 3 82 3.7% 28 506 5.5%$1876 to 1900 23 224 10.3% 23 224 10.3%$1901 to 1926 1 0.0% 2 14 14.3% 8 223 3.6% 22 0.0% 20 0.0% 10 280 3.6%$1926 to 1950 11 0.0% 7 0.0% 2 62 3.2% 4 160 2.5% 1 30 3.3% 7 270 2.6%$1951 to 1975 2 0.0% 4 50 8.0% 4 52 7.7%$1976 to 2000 4 38 10.5% 7 0.0% 16 115 13.9% 1 116 0.9% 21 276 7.6%$2000 and up 1 0.0% 16 195 8.2% 11 85 12.9% 43 931 4.6% 22 532 4.1% 9 99 9.1% 101 1843 5.5%TOTALS 149 4265 3.5% 2025 53424 3.8% 684 17778 3.8% 1360 32944 4.1% 179 4873 3.7% 33 1333 2.5% 4430 114617 3.9%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
Vacancy Rates During the Current QuarterCumulative Totals
Two Bedroom
Efficiencies One Bedroom TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
GraphsVacancy Rate by Quarter III-1Average Rent by Quarter III-1Vacancy Rate by Market Area by Quarter III-2Average Rent by Market Area by Apartment Type III-2Vacancy Rate by Age of Building III-3Vacancy Rate by Size of Building III-3Rent per Square Foot by Apartment Type III-4Rent per Square Foot by Apartment Unit Size III-4Estimate of Total Apartments by Year III-5New Apartment Units Added by Year III-5Vacancy Rates by Market Area by Apartment Type III-6Vacancy Rate by Apartment Type by Quarter III-6Median Rent by Apartment Type by Quarter III-7Average Rent by Size of Building by Quarter III-7
TablesVacancy Rates by Market Area III-8Vacancy Rates by Size of Building by Market Area III-9Vacancy Rates by Size of Apartment Unit by Market Area III-9Vacancy Rates by Age of Building by Market Area III-10Vacancy Rates by Apartment Type by Market Area III-10
Average Rents by Apartment Type by Market Area III-11Average Rents by Age of Building by Market Area III-11Average Rents by Size of Building by Market Area III-12Median Rents by Apartment Type by Market Area III-12
Average Rent per Square Foot by Apartment Type by Market Area III-13Average Rent per Square Foot by Apartment Unit Size by Market Area III-13
Rental Losses by Size, Age and Market Area III-14Economic Vacancy Rates by Size, Age and Market Area III-14
Average Rents for Adams County III-15Average Rent for Apartment Building/Community Features and Amenities III-16
Apartment Unit Absorption by Quarter and Year III-17Estimate of New Apartments by Quarter III-17Monthly Resident Turnover by Size, Age and Market Area III-18
Vacancy Rates During the Current Quarter - Adams County Cumulative Totals III-19Vacancy Rates During the Current Quarter - Aurora North III-20Vacancy Rates During the Current Quarter - Commerce City/Brighton III-21Vacancy Rates During the Current Quarter - Northglenn/Thornton III-22Vacancy Rates During the Current Quarter - Westminster III-23
Market Area Descriptions and Census Tracts III-24
Table of Contents
Section III - Adams County
III-1
0
2
4
6
8
10
12
14
16
18
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Adams County
600.00
650.00
700.00
750.00
800.00
850.00
900.00
950.00
1000.00
1050.00
1100.00
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Adams County
III-2
0
5
10
15
20
25
Aurora-North Commerce City/Brighton
Northglenn/Thornton Westminster Adams County Average
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Adams County
13 Q4
14 Q1
14 Q2
14 Q3
0
200
400
600
800
1000
1200
1400
1600
1800
Aurora-North Commerce City/ Brighton Northglenn/Thornton Westminster Adams County Average
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Adams County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
III-3
0
10
20
30
40
50
60
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Adams County
13 Q3
13 Q4
14 Q1
14 Q3
0
2
4
6
8
10
12
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Adams County
13 Q4
14 Q1
14 Q2
14 Q3
III-4
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Adams County
13 Q4 14 Q1
14 Q2 14 Q3
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Adams County
13 Q4 14 Q1
14 Q2 14 Q3
III-5
25000
27000
29000
31000
33000
35000
37000
3900096
Q1
96 Q
296
Q3
96 Q
497
Q1
97 Q
297
Q3
97 Q
498
Q1
98 Q
298
Q3
98 Q
499
Q1
99 Q
299
Q3
99 Q
400
Q1
00 Q
200
Q3
00 Q
401
Q1
01 Q
201
Q3
01 Q
402
Q1
02 Q
202
Q3
02 Q
403
Q1
03 Q
203
Q3
03 Q
404
Q1
04 Q
204
Q3
04 Q
405
Q1
05 Q
205
Q3
05 Q
406
Q1
06 Q
206
Q3
06 Q
407
Q1
07 Q
207
Q3
07 Q
408
Q1
08 Q
208
Q3
08 Q
409
Q1
09 Q
209
Q3
09 Q
410
Q1
10 Q
210
Q3
10 Q
411
Q1
11 Q
211
Q3
11 Q
412
Q1
12 Q
212
Q3
12 Q
413
Q1
13 Q
213
Q3
13 Q
414
Q1
14 Q
214
Q3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Adams County
744
373
222
0 4 51
97 128
27
336 267
403
241
527
20 92
52 83 48
780
120
637
1150
234
54
1242
308 234
592
14 0
244
88
0 0 0 68
0 0
144
24 100
0 0 0
240
0 0 0 0
342
0 0 0 39
0 0 0 0 0 0 0 19 19 0 0 0 0
220
0 0 0 0 0
322
0
200
400
600
800
1000
1200
1400
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Adams County
III-6
0
1
2
3
4
5
6
7
8
Aurora-North Commerce City/ Brighton Northglenn/Thornton Westminster Adams County Average
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Adams County
Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All
0
1
2
3
4
5
6
7
8
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Adams County
13 Q4
14 Q1
14 Q2
14 Q3
III-7
0
200
400
600
800
1000
1200
1400
1600
1800
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Adams County
13 Q4
14 Q1
14 Q2
14 Q3
$727.78
$573.13
$817.70
$620.21
0
200
400
600
800
1000
1200
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building for Adams County
III-8
County 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 2nd 3rd 4th 1st 2nd 3rd 4thAurora-North
7.6 5.4 9.4 8.0 6.3 6.2 6.4 8.5 8.4 10.9 4.3 4.1 6.2 6.4 13.7 11.8 22.2 17.3 11.8 9.0 10.7 10.3 6.1 9.0 7.3 5.6 6.4 4.0 6.0 5.4 2.7 3.2 42.6* 4.0 5.6 1.1 3.7 0.9 2.3
-1.5 -17.0 0.7 -0.2 -1.3 0.8 -3.0 0.5 2.1 4.8 -2.1 -4.5 -2.2 -4.6 9.4 7.7 16.0 10.9 0.0 -2.9 -11.5 -6.9 -5.7 0.1 -3.5 -4.7 0.4 -2.0 -1.3 -0.2 -3.8 -0.9 36.6 -1.4 2.9 -2.1 -38.9 -3.1 -3.3
11.7 7.5 7.6 7.6 7.3 7.5 6.7 6.9 7.4 8.6 8.1 6.9 6.4 5.2 7.6 9.1 15.7 17.1 15.8 15.1 12.2 10.4 9.0 9.0 7.7 6.1 6.4 5.8 5.5 5.5 4.5 4.3 13.4 3.3 4.2 3.6 3.6 2.8 2.0
10.3 7.8 4.1 7.3 4.2 4.3 5.6 9.4 3.2 3.2 3.7 4.8 5.2 4.0 5.2 8.3 8.3 7.9 2.3 7.2 2.1 4.0 3.4 5.9 5.0 1.9 6.6 4.7 4.4 5.9 4.9 3.8 5.8 3.8 2.8 2.8 21.0 9.2 3.5
-13.1 -4.7 -2.2 -5.9 -6.1 -3.5 1.5 2.1 -0.9 -1.0 -1.9 -4.6 1.9 0.8 1.5 3.5 3.2 3.9 0.0 -1.1 -6.2 -3.9 1.1 -1.3 2.9 -2.1 3.2 0.3 -0.7 3.9 -1.8 -0.9 1.4 -2.1 -2.1 -1.0 15.2 5.4 0.7
10.5 9.4 8.8 7.4 5.8 5.0 5.3 5.9 5.6 5.4 4.9 3.8 4.2 4.4 4.8 6.5 7.3 8.1 6.7 6.4 4.9 3.9 4.2 3.9 4.4 3.1 5.1 4.6 4.4 5.4 5.0 4.7 5.1 4.6 4.1 3.8 7.6 9.0 9.1
10.7 7.7 7.5 7.7 6.6 5.6 6.1 6.9 7.1 6.6 7.2 8.7 6.6 7.9 8.8 8.9 8.2 8.7 6.0 6.3 5.6 4.6 4.2 4.5 4.4 4.9 5.5 6.1 4.8 5.3 4.4 4.8 3.5 3.6 6.1 6.3 4.0 4.4 4.2
2.9 -1.0 -0.2 -1.0 -4.2 -2.1 -1.5 -0.8 0.5 0.9 1.1 1.8 -0.5 1.3 1.6 0.2 1.5 0.8 0.0 -2.6 -2.6 -4.1 -1.7 -1.8 -1.2 0.3 1.3 1.3 0.4 0.4 -1.1 -1.4 -1.4 -1.7 1.7 1.6 0.6 0.8 -1.9
9.0 8.8 8.7 8.4 7.4 6.9 6.5 6.3 6.4 6.7 6.9 7.4 7.3 7.6 8.0 8.1 8.3 8.6 7.9 7.3 6.6 5.6 5.2 4.7 4.4 4.6 5.1 5.2 5.3 5.4 5.2 4.8 4.5 4.1 4.5 4.9 5.0 5.2 4.7Westminster
10.8 9.8 8.1 8.6 7.5 6.8 6.7 7.5 8.3 6.1 5.1 6.7 6.4 5.9 5.6 8.5 7.3 7.5 7.4 6.2 8.6 5.5 4.6 6.8 6.6 5.7 5.0 4.5 4.2 4.5 4.1 4.3 4.1 4.0 5.5 4.5 4.2 4.5 3.6
1.3 0.9 0.8 -5.0 -3.3 -3.0 -1.3 -1.0 0.8 -0.7 -1.6 -0.8 -2.0 -0.1 0.6 1.8 1.0 1.5 0.0 -2.3 1.2 -1.9 -2.8 0.1 -1.9 0.2 0.4 0.4 -2.5 -1.2 -0.9 -0.2 0.0 -0.5 1.4 0.2 0.0 0.4 -1.9
10.2 10.4 10.6 9.3 8.5 7.7 7.4 7.1 7.3 7.2 6.7 6.5 6.1 6.0 6.2 7.3 7.3 7.7 7.7 7.1 7.4 6.9 6.2 6.4 5.8 5.7 5.6 5.5 4.9 4.6 4.3 4.3 4.3 4.2 4.5 4.5 4.6 4.7 4.2Adams County
10.6 8.7 7.7 8.1 7.0 6.1 6.4 7.4 7.8 6.3 5.9 7.4 6.4 6.8 7.5 8.8 8.4 8.5 6.7 6.3 6.8 5.2 4.4 5.7 5.6 5.2 5.3 5.3 4.5 4.9 4.2 4.5 5.2 3.8 5.7 5.3 4.7 4.5 3.9
1.0 -1.2 0.1 -3.6 -3.6 -2.6 -1.4 -0.7 0.8 0.2 -0.5 0.0 -1.3 0.4 1.5 1.4 1.9 1.8 0.0 -2.5 -1.6 -3.3 -2.2 -0.6 -1.2 0.0 0.9 0.7 -1.1 -0.3 -1.1 -0.7 0.6 -1.1 1.4 0.8 -0.4 0.7 -1.8
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 7.7 8.1 8.6 8.1 7.5 7.1 6.2 5.7 5.5 5.2 5.1 5.4 5.3 5.1 5.0 4.7 4.6 4.7 4.4 4.8 5.0 4.9 5.1 4.6
2014
Third Figure = Twelve Month AverageSecond Figure = Change from Year AgoFirst Figure = Rate for Quarter in Percent
Vacancy Rates by Market Area for Adams County
Due to rounding of the vacancy rate, numbers may not always add exactly.
20122009
Commerce City/ Brighton
2008
Northglenn/ Thornton
20072006 201320102005 2011
III-9
County 4th 1st 2nd 3rd 4th 1st 2nd 3rdUp to 8 499 below 4.8 4.8 0.0 0.09 to 50 3.3 20.0 10.0 10.0 500 to 749 1.4 7.4 0.8 3.151 to 99 1.5 9.9 1.5 1.8 750 to 999 0.0 1.8 1.2 0.0100 to199 0.0 0.0 0.0 1000 above 2.7200 to 349350 up 1.2Up to 8 499 below 0.0 0.0 0.0 0.09 to 50 2.2 0.0 0.0 0.0 500 to 749 3.8 4.5 7.7 3.5
51 to 99 750 to 999 2.2 22.0 9.0 3.4 100 to 199 2.9 4.8 8.0 5.1 1000 above 0.0 39.6 12.2 4.0 200 to 349 44.8 12.3 2.8
350 upUp to 8 499 below 16.7 5.9 17.6 0.09 to 50 16.7 0.0 2.0 0.0 500 to 749 5.8 4.0 3.5 4.1
51 to 99 5.3 1.1 6.3 750 to 999 6.0 3.5 4.7 3.6100 to 199 3.9 4.2 6.1 4.3 1000 above 7.1 4.6 4.6 5.2
200 to 349 8.5 3.6 4.0 2.6350 up 5.0 4.4 4.4 5.8Up to 8 0.0 0.0 499 below 3.9 3.9 5.9 5.99 to 50 3.6 0.0 1.8 4.2 500 to 749 4.2 4.0 4.0 3.6
51 to 99 2.3 1.9 1.8 750 to 999 4.5 4.7 4.9 3.8 100 to 199 2.2 2.6 3.3 6.8 1000 above 5.7 3.5 4.9 3.1 200 to 349 5.1 5.2 5.1 3.7
350 up 4.5 3.4 4.3 2.9Up to 8 0.0 0.0 499 below 5.8 4.1 6.5 3.19 to 50 4.1 1.9 1.9 2.9 500 to 749 4.7 4.1 3.8 3.8
51 to 99 2.9 9.9 1.7 2.7 750 to 999 5.1 4.8 4.9 3.7 100 to 199 3.0 3.5 5.0 5.1 1000 above 6.7 5.5 5.0 4.5
200 to 349 6.7 6.0 4.8 3.2350 up 4.8 3.7 4.4 4.7
Aurora-North
Northglenn/ Thornton
County
2013
Commerce City/Brighton
2014
Vacancy Rates by Size of Apartment Unitby Market Area for Adams County
(In Percent)by Market Area for Adams County
Adams County
Westminster
Number of Units
Vacancy Rates by Size of Building
Adams County
Aurora-North
Commerce City/Brighton
Northglenn/ Thornton
Westminster
(In Percent)
Square Feet in Unit
2013 2014
III-10
County
County Year 4th 1st 2nd 3rd Apartment Type 4th 1st 2nd 3rdAurora-North To 1939 Aurora-North
1940-49 Efficiency 4.8 4.8 0.0 0.01950-59 20.0 20.0 10.0 10.0 1 Bed 0.0 3.6 0.0 2.51960-69 0.0 2 Bed, 1 Bath 1.9 4.5 2.2 2.61970-79 0.5 6.1 0.5 1.8 2 Bed, 2 Bath 0.0 2.41980-89 3 Bed 4.51990-941995-991990-99 Other 0.02000-04 All 1.1 3.7 0.9 2.32005 up 1.2To 1939 Commerce City/Brighton1940-49 Efficiency 0.0 0.0 0.0 0.01950-59 1 Bed 3.7 23.6 9.5 3.51960-69 1.3 4.4 2.5 6.3 2 Bed, 1 Bath 1.1 12.6 10.9 1.31970-79 4.2 4.8 12.5 3.6 2 Bed, 2 Bath 3.3 23.1 10.1 4.61980-89 3 Bed 0.0 20.9 0.0 5.11990-941995-991990-99 3.2 0.0 0.0 0.0 Other2000-04 0.9 All 2.8 21.0 9.2 3.52005 up 44.8 12.3 4.4
Northglenn/Thornton To 1939 Northglenn/Thornton1940-49 Efficiency 15.8 5.6 14.8 0.01950-59 1 Bed 6.3 3.6 3.6 3.61960-69 6.5 0.0 1.4 5.6 2 Bed, 1 Bath 6.0 4.3 5.4 7.11970-79 6.4 6.7 6.2 5.0 2 Bed, 2 Bath 6.1 4.2 4.3 3.51980-89 6.4 2.4 2.7 2.5 3 Bed 7.7 5.7 6.0 3.11990-941995-991990-99 4.9 3.6 3.4 2.4 Other 8.9 1.8 5.1 6.32000-04 5.0 3.2 5.0 5.2 All 6.3 4.0 4.4 4.22005 up 15.0 5.8 4.0 3.1
Westminster To 1939 Westminster1940-49 Efficiency 3.4 3.4 2.3 5.7
1950-59 1 Bed 4.2 3.9 4.3 3.6 1960-69 1.2 3.6 6.3 2.2 2 Bed, 1 Bath 4.3 4.3 4.6 3.1 1970-79 4.5 4.7 4.4 3.9 2 Bed, 2 Bath 5.2 4.6 5.0 4.2 1980-89 4.4 3.8 3.3 3.7 3 Bed 7.6 4.3 3.6 2.1 1990-94
1995-991990-99 5.5 3.8 6.4 3.1 Other 4.0 0.0 0.02000-04 4.0 3.8 3.2 3.2 All 4.5 4.2 4.5 3.62005 up
Adams County To 1939 Adams County1940-49 Efficiency 5.0 4.0 3.3 4.6
1950-59 20.0 20.0 10.0 10.0 1 Bed 5.1 4.5 4.1 3.6 1960-69 2.1 3.8 4.0 4.1 2 Bed, 1 Bath 4.7 4.7 5.1 4.8 1970-79 4.9 5.4 5.1 4.2 2 Bed, 2 Bath 5.7 5.0 4.8 3.9 1980-89 5.2 3.2 3.1 3.3 3 Bed 7.5 6.3 5.1 2.9 1990-94
1995-991990-99 5.2 3.7 4.8 2.7 Other 7.0 1.8 5.0 6.32000-04 4.8 3.3 4.7 4.6 All 5.3 4.7 4.5 3.92005 up 15.0 11.9 6.4 3.5
20132013
by Market Area for Adams County(In Percent)
Vacancy Rates by Apartment Type
2014
(In Percent)by Market Area for Adams CountyVacancy Rates by Age of Building
Commerce City/ Brighton
2014
III-11
County 4th 1st 2nd 3rd County 4th 1st 2nd 3rdAurora-North Aurora-North To 1959 690.00 725.00 720.00 740.00Efficiency 608.81 872.50 630.00 605.67 1960-69 784.721 Bed 706.80 939.17 741.34 673.60 1970-79 745.34 758.96 783.64 701.002 Bed, 1 Bath 835.99 894.00 852.03 832.69 1980-892 Bed, 2 Bath 910.00 1290.65 1990-993 Bed 1581.14 2000-04All 750.61 997.84 780.73 703.23 2005 up 1215.08Commerce City/Brighton To 1959Efficiency 475.00 500.00 500.00 500.00 1960-69 883.07 885.28 965.82 1071.841 Bed 704.24 845.05 850.19 989.15 1970-79 734.05 747.52 751.10 827.862 Bed, 1 Bath 870.40 952.87 974.88 1100.78 1980-892 Bed, 2 Bath 956.82 1130.59 1203.24 1326.49 1990-99 953.23 1024.48 1024.48 1081.583 Bed 1003.85 1387.77 1450.56 1515.43 2000-04 1270.83All 819.03 981.97 1013.19 1157.28 2005 up 1193.67 1216.24 1342.45Northglenn/Thornton Northglenn/Thornton To 1959Efficiency 779.16 742.11 761.81 710.46 1960-69 833.54 768.75 845.41 1006.791 Bed 875.64 885.86 956.50 964.13 1970-79 821.90 843.37 849.20 873.822 Bed, 1 Bath 997.47 1022.14 1029.05 1046.52 1980-89 941.75 986.96 1008.97 1102.742 Bed, 2 Bath 1172.34 1205.82 1262.13 1279.06 1990-99 1077.09 1133.18 1209.35 1203.013 Bed 1314.13 1396.73 1443.46 1413.52 2000-04 1116.60 1105.36 1203.28 1202.81All 1019.27 1045.08 1101.40 1101.00 2005 up 1147.16 1146.21 1180.39 1231.70Westminster Westminster To 1959Efficiency 750.31 766.52 658.48 625.85 1960-69 797.19 814.67 821.19 843.211 Bed 787.14 820.03 834.76 887.62 1970-79 761.99 778.82 759.45 831.232 Bed, 1 Bath 895.44 917.54 934.45 1005.15 1980-89 934.15 957.30 961.41 1145.412 Bed, 2 Bath 1075.94 1114.10 1192.70 1235.62 1990-99 1106.89 1147.70 1228.06 1320.573 Bed 1189.92 1400.63 1368.28 1555.53 2000-04 1095.00 1072.50 1242.12 1212.52All 887.56 924.89 945.16 1024.79 2005 upAdams County Adams County To 1959 690.00 725.00 720.00 740.00Efficiency 730.12 793.18 665.08 634.23 1960-69 826.88 839.80 868.69 943.821 Bed 825.68 858.89 891.45 927.93 1970-79 778.81 795.08 785.57 843.782 Bed, 1 Bath 931.98 957.70 973.75 1025.65 1980-89 937.01 969.56 982.59 1129.012 Bed, 2 Bath 1129.35 1170.24 1234.15 1265.21 1990-99 1090.93 1138.73 1216.03 1250.273 Bed 1282.23 1402.53 1427.92 1476.72 2000-04 1113.60 1100.10 1210.59 1208.16All 948.68 988.48 1024.07 1066.70 2005 up 1147.16 1178.40 1190.93 1264.27
(In Dollars)by Market Area for Adams CountyAverage Rents by Age of Building
2013 20142013 2014
Average Rents by Apartment Type
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
(In Dollars) by Market Area for Adams County
Year Built
Commerce City/ Brighton
III-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdAurora-North Aurora-NorthUp to 8 Efficiency 598.91 1006.40 638.00 608.649 to 50 768.93 725.00 720.00 740.00 1 Bed 734.00 1128.24 737.58 644.6251 to 99 654.85 731.56 740.38 701.00 2 Bed, 1 Bath 837.49 860.46 859.96 835.82100 to 199 787.11 803.60 803.60 2 Bed, 2 Bath 913.00 1385.20200 to 349 3 Bed 1881.14350 and up 1215.08 All 744.47 1018.50 746.54 649.24Commerce City/Brighton Commerce City/BrightonUp to 8 Efficiency 463.00 488.00 488.00 488.009 to 50 850.56 907.42 902.98 948.42 1 Bed 690.16 732.75 757.75 1130.1751 to 99 2 Bed, 1 Bath 853.70 887.70 912.70 998.50100 to 199 814.49 821.74 865.09 959.23 2 Bed, 2 Bath 939.32 1157.67 1157.67 1335.83200 to 349 1193.67 1216.24 1309.40 3 Bed 1035.33 1532.80 1582.80 1444.93350 and up All 836.46 943.53 1036.64 1169.53Northglenn/Thornton Northglenn/ThorntonUp to 8 Efficiency 810.75 738.00 854.75 733.309 to 50 733.33 768.75 652.30 808.33 1 Bed 903.89 910.59 977.47 992.8051 to 99 846.20 947.05 1031.85 2 Bed, 1 Bath 978.62 1044.75 988.61 1044.29100 to 199 902.03 936.21 936.81 983.67 2 Bed, 2 Bath 1194.81 1228.69 1291.88 1302.90200 to 349 1072.29 1087.64 1146.81 1154.13 3 Bed 1413.00 1478.51 1530.00 1413.32350 and up 1014.37 1035.81 1112.96 1081.55 All 994.79 1007.96 1073.67 1088.94Westminster WestminsterUp to 8 1390.00 1390.00 Efficiency 828.55 853.73 597.31 594.009 to 50 671.65 665.46 694.36 710.69 1 Bed 784.50 823.49 820.48 889.0751 to 99 738.53 724.20 818.78 2 Bed, 1 Bath 862.71 892.60 886.39 910.45100 to199 735.33 797.42 794.16 770.16 2 Bed, 2 Bath 1102.69 1147.98 1244.86 1279.93200 to 349 897.16 949.76 972.38 1108.30 3 Bed 1189.00 1464.50 1482.64 1591.29350 and up 921.95 924.87 979.00 953.21 All 866.02 905.76 898.36 990.75Adams County Adams CountyUp to 8 1390.00 1390.00 Efficiency 803.25 853.51 601.25 597.199 to 50 756.70 785.49 741.49 798.83 1 Bed 823.78 886.35 895.21 938.8551 to 99 750.81 731.56 771.02 820.46 2 Bed, 1 Bath 884.57 943.14 922.50 985.84100 to 199 836.29 868.38 869.74 920.76 2 Bed, 2 Bath 1155.36 1190.74 1277.93 1289.41200 to 349 981.26 1025.28 1065.48 1139.81 3 Bed 1242.50 1478.69 1490.82 1577.66350 and up 970.70 998.58 1054.62 1033.38 All 929.75 963.71 995.95 1060.11
Average Rents by Size of Building
(in dollars)by Market Area for Adams CountyMedian Rents by Apartment Type
Number of Units
Rents are based on units being unfurnished with tenants paying gas and electricity.
2013 2013 2014
by Market Area for Adams County
2014
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Rents reflect 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.
(In Dollars)
III-13
County CountyApartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdAurora-North Aurora-NorthEfficiency 1.35 1.89 1.40 1.381 Bed 1.10 1.27 1.14 1.14 499 below 1.35 1.86 1.40 1.382 Bed, 1 Bath 0.95 0.99 0.95 1.06 500 to 749 1.10 1.11 1.14 1.142 Bed, 2 Bath 1.14 1.11 750 to 999 0.95 1.26 0.92 1.033 Bed 1.30 1000 above 1.14All 1.06 1.24 1.07 1.14Commerce City/Brighton Commerce City/BrightonEfficiency1 Bed 1.30 1.30 1.31 1.49 499 below2 Bed, 1 Bath 1.09 1.12 1.14 1.30 500 to 749 1.30 1.33 1.33 1.522 Bed, 2 Bath 1.07 1.13 1.21 1.34 750 to 999 1.08 1.16 1.21 1.363 Bed 1.07 1.13 1.19 1.27 1000 above 1.08 1.17 1.20 1.29All 1.18 1.21 1.24 1.39Northglenn/Thornton Northglenn/ThorntonEfficiency 1.65 1.56 1.58 1.461 Bed 1.23 1.26 1.33 1.38 499 below 1.66 1.56 1.79 1.582 Bed, 1 Bath 1.16 1.19 1.18 1.24 500 to 749 1.26 1.29 1.36 1.432 Bed, 2 Bath 1.10 1.16 1.20 1.22 750 to 999 1.15 1.19 1.22 1.253 Bed 1.08 1.15 1.18 1.17 1000 above 1.10 1.15 1.20 1.21All 1.17 1.21 1.25 1.29Westminster WestminsterEfficiency 1.33 1.36 1.18 1.171 Bed 1.23 1.27 1.29 1.35 499 below 1.30 1.34 1.33 1.392 Bed, 1 Bath 1.11 1.13 1.16 1.22 500 to 749 1.23 1.28 1.27 1.352 Bed, 2 Bath 1.10 1.13 1.20 1.21 750 to 999 1.11 1.14 1.19 1.213 Bed 1.10 1.24 1.21 1.39 1000 above 1.10 1.14 1.23 1.28All 1.17 1.20 1.23 1.28Adams County Adams CountyEfficiency 1.37 1.55 1.23 1.221 Bed 1.23 1.27 1.31 1.37 499 below 1.39 1.62 1.44 1.422 Bed, 1 Bath 1.12 1.15 1.16 1.23 500 to 749 1.24 1.28 1.30 1.382 Bed, 2 Bath 1.10 1.14 1.20 1.22 750 to 999 1.13 1.17 1.20 1.243 Bed 1.08 1.17 1.18 1.26 1000 above 1.10 1.15 1.21 1.24All 1.16 1.21 1.24 1.29
2013
Average Rent Per Square Foot by Apartment Size
(In Dollars)by Market Aread for Adams County
Average Rent per Square Foot by Apartment Type
2013
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rents do not reflect "rental losses" due to concessions, discounts, model, delinquents and bad debts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
by Market Aread for Adams County(In Dollars)
20142014
III-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 0.0 0.0 Up to 8 0.0 0.09 - 50 3.4 11.9 5.7 6.6 9 - 50 7.5 13.8 7.5 9.551 - 99 12.0 9.4 12.5 12.5 51 - 99 14.9 19.2 14.2 15.2100 - 199 2.8 6.6 7.6 8.6 100 - 199 5.8 10.1 12.6 13.7200 to 349 12.8 1.6 6.6 10.4 200 to 349 19.5 7.5 11.5 13.5350 up 21.1 6.0 10.3 12.4 350 up 25.9 9.7 14.6 17.1 Age Age (year built)To 1959 6.1 10.3 16.7 14.0 To 1959 26.1 30.3 26.7 24.01960-69 16.2 11.5 11.0 13.9 1960-69 18.3 15.3 14.9 18.11970-79 6.9 5.9 6.6 5.7 1970-79 11.8 11.3 11.7 9.91980-89 5.2 -3.3 9.2 13.1 1980-89 10.3 -0.1 12.2 16.31990-99 5.0 4.1 13.0 23.0 1990-99 10.2 7.7 17.8 25.62000-04 31.2 3.8 7.7 7.2 2000-04 36.1 7.1 12.3 11.82005 up 1.8 13.3 -1.6 6.0 2005 up 16.8 25.3 4.8 9.5
Market Area Market AreaAurora-North 2.1 1.9 4.1 9.0 Aurora-North 3.2 5.6 5.1 11.2Commerce City/Brighton 10.3 19.5 -1.4 11.9 Commerce City/Brighton 13.1 40.5 7.7 15.4Northglenn/Thornton 20.8 3.7 9.3 9.7 Northglenn/Thornton 27.1 7.7 13.7 13.9Westminster 6.0 2.8 8.6 12.7 Westminster 10.5 6.9 13.1 16.3
Average 14.4 4.2 8.6 11.0 Average 19.7 8.9 13.1 14.9
Average Rent Minus Rental Losses Equals Effective Rent
2013
Rental Losses by Size, Age
Defined as Physical Vacancy Plus Concessions/Writeoffs
(In Percent)
Economic Vacancy Rates by Size, Ageand Market Area for Adams County
Includes Concessions and Writeoffs
2014
and Market Area for Adams County
2013 2014
(In Percent)
as a Percentage of Gross Potential Rent
III-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsAurora-North 605.67 673.60 832.69 703.23Commerce City/Brighton 500.00 989.15 1100.78 1326.49 1515.43 1157.28Northglenn/Thornton 710.46 964.13 1046.52 1279.06 1413.52 1184.87 1101.00Westminster 625.85 887.62 1005.15 1235.62 1555.53 1390.00 1024.79Adams County Average 634.23 927.93 1025.65 1265.21 1476.72 1187.44 1066.70
Buildings with up to 6 UnitsAurora-NorthCommerce City/BrightonNorthglenn/ThorntonWestminster 1390.00 1390.00Adams County Average 1390.00 1390.00
Buildings with 7 to 36 UnitsAurora-North 650.00 800.00 740.00Commerce City/Brighton 500.00 860.47 984.25 1199.00 987.25 948.42Northglenn/Thornton 750.00 850.00 950.00 808.33Westminster 625.00 657.50 767.06 795.00 731.88Adams County Average 531.25 764.95 847.53 1074.69 979.80 840.39
Buildings with 37 and Above UnitsAurora-North 605.67 674.40 838.64 701.00Commerce City/Brighton 995.78 1110.56 1331.43 1543.60 1169.33Northglenn/Thornton 710.46 964.47 1047.16 1279.06 1414.42 1184.87 1101.41Westminster 625.86 888.35 1007.45 1236.68 1555.53 1026.05Adams County Average 635.83 928.74 1027.70 1265.78 1479.30 1184.87 1068.03
Buildings with 5 Stories and AboveAurora-NorthCommerce City/BrightonNorthglenn/ThorntonWestminster 730.00 911.00Adams County Average 730.00 911.00 794.64
Average Rents for Adams County(in dollars)
Efficency 1 Bed 3 Bed Other All
III-16
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 774.69 983.42 1107.52 1295.43 1455.87 1131.40 612.58 876.78 983.90 1224.39 1495.61 1009.62 121.78
Patio or Balcony 704.37 969.96 1046.01 1270.36 1496.56 1105.38 590.94 721.23 907.66 1153.96 1259.02 813.64 291.74
Fireplace 691.49 1030.48 1185.40 1307.27 1545.12 1179.72 607.22 761.89 925.77 1009.07 1345.89 873.46 306.26
Nine-Foot Ceilings 675.36 1056.03 1188.29 1352.87 1590.25 1219.93 623.31 830.30 954.00 1105.11 1313.56 931.07 288.87
Swimming Pool 696.38 937.06 1041.13 1270.98 1501.53 1081.66 589.26 698.42 875.83 1068.07 1086.66 825.29 256.37
Spa or Sauna 765.38 1049.09 1182.68 1340.55 1581.35 1198.54 619.79 779.19 936.03 1088.76 1350.17 910.02 288.52
Exercise Room 684.03 976.40 1072.63 1307.57 1567.59 1122.64 612.35 781.87 965.35 1036.28 1346.68 923.48 199.16
Sport Court 672.90 918.13 1031.78 1290.94 1537.52 1095.41 625.12 932.43 1023.85 1251.56 1431.64 1053.86 41.55
Microwave 750.00 1048.12 1218.37 1314.35 1505.01 1196.23 626.71 843.43 951.26 1199.74 1451.31 971.23 225.00
Washer/Dryer Hookups 765.92 1045.99 1230.39 1306.05 1558.91 1210.47 612.58 840.93 940.91 1186.59 1284.00 937.63 272.84
Garbage Disposal 634.23 929.25 1031.70 1270.00 1487.71 1069.13 889.16 910.93 1160.65 1303.98 1008.86 60.27
Dishwasher 672.22 964.52 1045.29 1273.74 1508.67 1101.63 610.40 747.49 924.03 1165.14 1252.53 863.96 237.67
Air Conditioning 635.79 929.79 1032.69 1270.00 1490.41 1069.88 500.00 876.70 902.49 1160.65 1276.31 995.22 74.66
Ceiling Fan 635.41 921.91 1008.17 1276.84 1475.61 1056.28 607.45 946.25 1065.25 1232.72 1478.41 1094.88 -38.60
Attached Garage 1100.25 1226.99 1417.80 1722.29 1284.63 634.23 900.03 1006.43 1223.97 1417.29 1028.77 255.86
Covered Parking 960.55 1092.14 1293.73 1470.70 1104.79 634.23 905.59 996.43 1246.66 1479.63 1044.28 60.52
Clubhouse 703.04 979.95 1090.93 1324.34 1556.47 1134.36 593.12 807.24 920.21 1089.33 1244.56 914.39 219.97
Business Center 675.36 1019.77 1119.86 1321.21 1542.96 1170.83 623.31 818.33 960.24 1126.42 1352.30 934.70 236.13
Pets Allowed 636.71 933.15 1034.28 1277.47 1487.04 1073.64 600.72 821.57 804.60 1088.81 1290.80 935.37 138.27
Resident Pays Sewer/Water 666.86 976.48 1060.69 1290.32 1544.61 1119.46 620.90 753.81 910.96 1054.09 1157.26 850.24 269.23
Unit Security/Alarm System 1119.19 1241.01 1373.46 1628.23 1255.65 634.23 909.50 1007.85 1247.48 1468.14 1046.70 208.94
Handicapped Access 614.13 986.46 1138.44 1311.77 1480.83 1133.19 708.21 850.35 945.48 1168.48 1471.84 979.35 153.84
Heat Included in Rent 604.34 669.81 861.35 900.45 948.46 728.77 688.56 965.01 1050.91 1268.87 1491.27 1103.56 -374.79
Average Rent for Apartment Building/Community Features and Amenities in Adams County(In Dollars)
Feature/Amenity Efficiency 1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
With Feature/Amenity Without Feature/Amenity
III-17
First Second Third Fourth Year-End2011 36647 36647 36647 36666 36647
0 0 19 0 1936647 36647 36666 36666 366665.6% 5.2% 5.2% 5.3% 5.3%
34595 34741 34748 34723 347232052 1906 1918 1943 1943
257 147 6 -25 02012 36666 36666 36666 36666 36666
0 0 0 0 036666 36666 36666 36666 366664.5% 4.9% 4.2% 4.5% 4.5%
35009 34858 35112 35008 350081657 1808 1554 1658 1658
0 -151 254 -103 2862013 36666 36886 36886 36886 36666
220 0 0 0 22036886 36886 36886 36886 368865.2% 3.8% 5.7% 5.3% 5.3%
34986 35470 34790 34932 349321900 1416 2096 1954 1954
-22 484 -680 142 -762013 36886 36886 36886
0 0 32236886 36886 372084.7% 4.5% 3.9%
35141 35210 357581745 1676 1450
209 69 548
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 36026 0 360262nd 36026 240 362663rd 36266 0 362664th 36266 0 36266
2008 1st 36266 0 362662nd 36266 0 362663rd 36266 342 366084th 36608 0 36608
2009 1st 36608 0 366082nd 36608 0 366083rd 36608 39 366474th 36647 0 36647
2010 1st 36647 0 366472nd 36647 0 366473rd 36647 0 36647 4th 36647 0 36647
2011 1st 36647 0 366472nd 36647 0 366473rd 36647 19 366664th 36666 0 36666
2012 1st 36666 0 366662nd 36666 0 366663rd 36666 0 366664th 36666 0 36666
2013 1st 36666 220 368862nd 36886 0 368863rd 36886 0 368864th 36886 0 36886
2013 1st 36886 0 368862nd 36886 0 368863rd 36886 322 372084th
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Estimate of New Apartments by Quarter for Adams County
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Apartment Unit Absorption by Quarter and Year for Adams County
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
III-18
Building Type 4th 1st 2nd 3rd
SizeUp to 8 0.0 0.09 - 50 2.9 8.3 5.6 4.451-99 1.6 5.2 2.7 4.1100 - 199 3.6 3.7 4.8 5.4200 to 349 4.0 4.1 5.7 5.8350 up 3.9 4.0 4.9 6.9
AgeTo 1959 0.0 10.0 10.0 0.01960-69 3.4 5.5 6.1 4.91970-79 3.5 4.4 5.1 4.81980-89 3.9 4.4 4.2 6.31990-99 3.8 3.2 6.5 6.02000-04 4.2 4.1 5.1 7.32005 up 4.1 2.6 3.0 5.3
Market AreaAurora-North 0.8 4.1 2.3 3.4Commerce City/Brighton 4.6 2.1 3.8 4.4Northglenn/Thornton 4.1 4.1 5.3 6.9Westminster 3.6 4.2 5.2 5.1
County Average 3.8 4.0 5.1 6.1
Resident turnover is for respective months of February, May, August and November.
(In Percent)
for Adams CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
20142013
III-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 3 0.0% 3 0.0%$501 to $525$526 to $550$551 to $575 1 0.0% 1 0.0%$576 to $600 8 145 5.5% 391 0.0% 8 536 1.5%$601 to $625 21 0.0% 1 8 12.5% 1 29 3.4%$626 to $650 3 41 7.3% 2 85 2.4% 5 126 4.0%$651 to $675 65 0.0% 1 0.0% 1 0.0% 67 0.0%$676 to $700 31 455 6.8% 5 0.0% 1 0.0% 31 461 6.7%$701 to $725 16 259 6.2% 11 0.0% 16 270 5.9%$726 to $750 23 0.0% 11 112 9.8% 5 0.0% 1 0.0% 11 141 7.8%$751 to $775 9 340 2.6% 9 0.0% 3 0.0% 9 352 2.6%$776 to $800 1 28 3.6% 8 179 4.5% 6 193 3.1% 2 10 20.0% 17 410 4.1%$801 to $825 36 625 5.8% 9 175 5.1% 7 0.0% 45 807 5.6%$826 to $850 9 204 4.4% 31 662 4.7% 5 122 4.1% 3 0.0% 45 991 4.5%$851 to $875 4 113 3.5% 66 0.0% 2 0.0% 4 181 2.2%$876 to $900 8 283 2.8% 1 52 1.9% 7 0.0% 9 342 2.6%$901 to $925 17 476 3.6% 5 132 3.8% 3 40 7.5% 3 0.0% 25 651 3.8%$926 to $950 1 0.0% 19 424 4.5% 12 224 5.4% 2 93 2.2% 25 0.0% 33 767 4.3%$951 to $975 2 96 2.1% 1 51 2.0% 7 142 4.9% 10 289 3.5%$976 to $1000 2 147 1.4% 6 300 2.0% 3 61 4.9% 11 508 2.2%$1001 to 1025 4 219 1.8% 25 0.0% 4 244 1.6%$1026 to 1050 15 696 2.2% 10 159 6.3% 33 0.0% 25 888 2.8%$1051 to 1075 22 622 3.5% 2 92 2.2% 3 38 7.9% 27 752 3.6%$1076 to 1100 18 650 2.8% 9 0.0% 2 0.0% 1 0.0% 18 662 2.7%$1101 to 1125 9 144 6.3% 2 32 6.3% 9 207 4.3% 20 383 5.2%$1126 to 1150 12 305 3.9% 40 242 16.5% 7 424 1.7% 5 28 17.9% 64 999 6.4%$1151 to 1175 4 308 1.3% 7 110 6.4% 11 418 2.6%$1176 to 1200 72 0.0% 4 144 2.8% 9 183 4.9% 1 50 2.0% 14 449 3.1%$1201 to 1225 12 254 4.7% 3 68 4.4% 1 43 2.3% 51 0.0% 16 416 3.8%$1226 to 1250 1 72 1.4% 13 449 2.9% 10 0.0% 14 531 2.6%$1251 to 1275 4 174 2.3% 15 216 6.9% 19 390 4.9%$1276 to 1300 3 180 1.7% 8 324 2.5% 11 504 2.2%$1301 to 1325 10 65 15.4% 6 208 2.9% 32 0.0% 16 305 5.2%$1326 to 1350 90 0.0% 16 580 2.8% 16 670 2.4%$1351 to 1375 6 140 4.3% 6 130 4.6% 12 270 4.4%$1376 to 1400 17 352 4.8% 41 0.0% 1 0.0% 17 394 4.3%$1401 to 1425 3 84 3.6% 3 76 3.9% 6 160 3.8%$1426 to 1450 18 240 7.5% 1 45 2.2% 19 285 6.7%$1451 to 1475 4 78 5.1% 1 12 8.3% 5 90 5.6%$1476 to 1400 2 0.0% 11 230 4.8% 11 232 4.7%$1501 to 1525$1526 to 1550 6 26 23.1% 12 0.0% 6 38 15.8%$1551 to 1575 21 0.0% 21 0.0%$1576 to 1500 8 188 4.3% 8 188 4.3%$1601 to 1625 2 76 2.6% 2 76 2.6%$1626 to 1650 26 0.0% 26 0.0%$1651 to 1675 1 144 0.7% 1 144 0.7%$1676 to 1600 3 30 10.0% 3 30 10.0%$1701 to 1725 1 16 6.3% 1 16 6.3%$1726 to 1750 2 24 8.3% 2 24 8.3%$1751 to 1775$1776 to 1800 2 36 5.6% 2 36 5.6%$1801 to 1825$1826 to 1850 100 0.0% 100 0.0%$1851 to 1875$1876 to 1900 1 0.0% 1 0.0%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 0.0% 2 0.0%TOTALS 12 262 4.6% 267 7420 3.6% 167 3512 4.8% 171 4432 3.9% 28 970 2.9% 5 80 6.3% 650 16676 3.9%
Vacancy Rates During the Current QuarterAdams County
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
III-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 4 0.0% 4 0.0%$601 to $625 11 0.0% 11 0.0%$626 to $650 2 78 2.6% 2 78 2.6%$651 to $675$676 to $700$701 to $725 1 43 2.3% 1 43 2.3%$726 to $750$751 to $775$776 to $800 1 6 16.7% 1 6 16.7%$801 to $825$826 to $850 33 0.0% 33 0.0%$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 upTOTALS 15 0.0% 3 121 2.5% 1 39 2.6% 4 175 2.3%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterAurora - North
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
III-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 3 0.0% 3 0.0%$501 to $525$526 to $550$551 to $575$576 to $600 5 0.0% 5 0.0%$601 to $625$626 to $650$651 to $675$676 to $700 3 0.0% 3 0.0%$701 to $725$726 to $750$751 to $775$776 to $800 6 128 4.7% 6 128 4.7%$801 to $825$826 to $850 1 16 6.3% 3 0.0% 1 19 5.3%$851 to $875$876 to $900$901 to $925$926 to $950 2 37 5.4% 2 37 5.4%$951 to $975 12 0.0% 12 0.0%$976 to $1000 40 0.0% 40 0.0%$1001 to 1025$1026 to 1050$1051 to 1075$1076 to 1100 9 0.0% 9 0.0%$1101 to 1125$1126 to 1150 1 72 1.4% 1 72 1.4%$1151 to 1175 4 114 3.5% 4 114 3.5%$1176 to 1200 6 91 6.6% 6 91 6.6%$1201 to 1225$1226 to 1250 36 0.0% 36 0.0%$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350 30 0.0% 1 72 1.4% 1 102 1.0%$1351 to 1375$1376 to 1400 1 0.0% 1 0.0%$1401 to 1425$1426 to 1450 1 45 2.2% 1 45 2.2%$1451 to 1475 4 78 5.1% 4 78 5.1%$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 3 30 10.0% 3 30 10.0%$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 upTOTALS 3 0.0% 12 347 3.5% 2 155 1.3% 11 241 4.6% 4 79 5.1% 29 825 3.5%
Vacancy Rates During the Current QuarterCommerce City/Brighton
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
III-22
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$601 to $625 9 0.0% 9 0.0%$626 to $650$651 to $675$676 to $700 21 278 7.6% 21 278 7.6%$701 to $725 25 0.0% 25 0.0%$726 to $750 23 0.0% 6 0.0% 29 0.0%$751 to $775 1 19 5.3% 1 19 5.3%$776 to $800$801 to $825 25 465 5.4% 48 0.0% 25 513 4.9%$826 to $850 8 188 4.3% 21 204 10.3% 29 392 7.4%$851 to $875 4 97 4.1% 60 0.0% 4 157 2.5%$876 to $900 5 82 6.1% 5 82 6.1%$901 to $925 17 476 3.6% 1 0.0% 17 477 3.6%$926 to $950 1 0.0% 7 204 3.4% 10 187 5.3% 1 0.0% 17 393 4.3%$951 to $975 2 84 2.4% 1 84 1.2% 3 168 1.8%$976 to $1000 95 0.0% 6 140 4.3% 3 61 4.9% 9 296 3.0%$1001 to 1025 2 67 3.0% 24 0.0% 2 91 2.2%$1026 to 1050 13 464 2.8% 9 126 7.1% 32 0.0% 22 622 3.5%$1051 to 1075 7 252 2.8% 60 0.0% 3 36 8.3% 10 348 2.9%$1076 to 1100 18 650 2.8% 2 0.0% 18 652 2.8%$1101 to 1125 9 144 6.3% 2 32 6.3% 37 0.0% 11 213 5.2%$1126 to 1150 2 120 1.7% 40 242 16.5% 1 192 0.5% 5 28 17.9% 48 582 8.2%$1151 to 1175 168 0.0% 7 110 6.4% 7 278 2.5%$1176 to 1200 3 56 5.4% 3 56 5.4%$1201 to 1225 3 68 4.4% 1 43 2.3% 51 0.0% 4 162 2.5%$1226 to 1250 1 36 2.8% 13 435 3.0% 10 0.0% 14 481 2.9%$1251 to 1275 4 114 3.5% 15 216 6.9% 19 330 5.8%$1276 to 1300 2 80 2.5% 98 0.0% 2 178 1.1%$1301 to 1325 6 208 2.9% 32 0.0% 6 240 2.5%$1326 to 1350 15 420 3.6% 15 420 3.6%$1351 to 1375 6 130 4.6% 6 130 4.6%$1376 to 1400 14 228 6.1% 40 0.0% 14 268 5.2%$1401 to 1425 3 84 3.6% 3 76 3.9% 6 160 3.8%$1426 to 1450$1451 to 1475 1 12 8.3% 1 12 8.3%$1476 to 1400 9 204 4.4% 9 204 4.4%$1501 to 1525$1526 to 1550 12 0.0% 12 0.0%$1551 to 1575 21 0.0% 21 0.0%$1576 to 1500 1 24 4.2% 1 24 4.2%$1601 to 1625 2 76 2.6% 2 76 2.6%$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725 1 16 6.3% 1 16 6.3%$1726 to 1750 2 24 8.3% 2 24 8.3%$1751 to 1775$1776 to 1800 2 36 5.6% 2 36 5.6%$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 upTOTALS 34 0.0% 137 3787 3.6% 109 1544 7.1% 89 2515 3.5% 16 516 3.1% 5 79 6.3% 356 8475 4.2%
Vacancy Rates During the Current QuarterNorthglenn/Thornton
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
III-23
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$576 to $600 8 140 5.7% 386 0.0% 8 526 1.5%$601 to $625 1 0.0% 1 8 12.5% 1 9 11.1%$626 to $650 3 41 7.3% 7 0.0% 3 48 6.3%$651 to $675 65 0.0% 1 0.0% 1 0.0% 67 0.0%$676 to $700 10 177 5.6% 2 0.0% 1 0.0% 10 180 5.6%$701 to $725 15 191 7.9% 11 0.0% 15 202 7.4%$726 to $750 11 106 10.4% 5 0.0% 1 0.0% 11 112 9.8%$751 to $775 8 321 2.5% 9 0.0% 3 0.0% 8 333 2.4%$776 to $800 1 28 3.6% 2 51 3.9% 5 187 2.7% 2 10 20.0% 10 276 3.6%$801 to $825 11 160 6.9% 9 127 7.1% 7 0.0% 20 294 6.8%$826 to $850 10 425 2.4% 5 122 4.1% 15 547 2.7%$851 to $875 16 0.0% 6 0.0% 2 0.0% 24 0.0%$876 to $900 3 201 1.5% 1 52 1.9% 7 0.0% 4 260 1.5%$901 to $925 5 132 3.8% 3 40 7.5% 2 0.0% 8 174 4.6%$926 to $950 12 220 5.5% 2 93 2.2% 24 0.0% 14 337 4.2%$951 to $975 1 51 2.0% 6 58 10.3% 7 109 6.4%$976 to $1000 2 52 3.8% 120 0.0% 2 172 1.2%$1001 to 1025 2 152 1.3% 1 0.0% 2 153 1.3%$1026 to 1050 2 232 0.9% 1 33 3.0% 1 0.0% 3 266 1.1%$1051 to 1075 15 370 4.1% 2 32 6.3% 2 0.0% 17 404 4.2%$1076 to 1100 1 0.0% 1 0.0%$1101 to 1125 9 170 5.3% 9 170 5.3%$1126 to 1150 9 113 8.0% 6 232 2.6% 15 345 4.3%$1151 to 1175 26 0.0% 26 0.0%$1176 to 1200 72 0.0% 4 144 2.8% 36 0.0% 1 50 2.0% 5 302 1.7%$1201 to 1225 12 254 4.7% 12 254 4.7%$1226 to 1250 14 0.0% 14 0.0%$1251 to 1275 60 0.0% 60 0.0%$1276 to 1300 1 100 1.0% 8 226 3.5% 9 326 2.8%$1301 to 1325 10 65 15.4% 10 65 15.4%$1326 to 1350 60 0.0% 88 0.0% 148 0.0%$1351 to 1375 6 140 4.3% 6 140 4.3%$1376 to 1400 3 124 2.4% 1 0.0% 3 125 2.4%$1401 to 1425$1426 to 1450 18 240 7.5% 18 240 7.5%$1451 to 1475$1476 to 1400 2 0.0% 2 26 7.7% 2 28 7.1%$1501 to 1525$1526 to 1550 6 26 23.1% 6 26 23.1%$1551 to 1575$1576 to 1500 7 164 4.3% 7 164 4.3%$1601 to 1625$1626 to 1650 26 0.0% 26 0.0%$1651 to 1675 1 144 0.7% 1 144 0.7%$1676 to 1600$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800$1801 to 1825$1826 to 1850 100 0.0% 100 0.0%$1851 to 1875$1876 to 1900 1 0.0% 1 0.0%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 0.0% 2 0.0%TOTALS 12 210 5.7% 115 3165 3.6% 55 1774 3.1% 71 1676 4.2% 8 375 2.1% 1 0.0% 261 7201 3.6%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterWestminster
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
DEFINITION OF ADAMS COUNTY MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries:
Aurora - North North: I-70; East: Arapahoe County; South: Colfax; West: City and County of Denver boundary
Commerce City, Brighton
North: I-76, East: Adams County; South: City and County of Denver; West I-25
Northglenn, Thornton North: Adams County; South and East: I-76; West: I-25 Westminster North: Adams County; East: I-25; South: City and County of Denver:
West: Sheridan Blvd. and Boulder-Denver Turnpike Census Tracts: Aurora - North 78.00, 79.00, 80.00, 81.00, 82,00, 83.08, 83.09, 83.53
Commerce City, Brighton
85.12 (pt), 85.14 (pt), 87.01 (pt), 87.03, 87.05 (pt), 87.06, 88.01 (pt), 88.02 (pt), 89.01 (pt)
Northglenn, Thornton Northglenn - 85.05, 85.06, 85.07, 85.08 (pt), 85.18 (pt), 92.03 (pt),
93.04 (pt), 93.13 (pt), 93.14 (pt), 93.15 (pt), 93.16 (pt) Thornton - 85.08 (pt), 85.11 (pt), 85.13 (pt), 85.17 (pt), 85.18 (pt), 85.19 (pt), 88.02 (pt), 90.01 (pt), 90.02 (pt), 90.03 (pt), 91.01, 91.02 (pt), 92.01, 92.02, 92.03 (pt), 93.04 (pt), 93.06 (pt), 93.07 (pt), 93.15 (pt), 93.16 (pt), 93.18 (pt)
Westminster 85.13 (pt), 85.16 (pt), 85.17 (pt), 85.18 (pt), 93.09 (pt), 93.13 (pt), 93.14
(pt), 93.17 (pt), 94.01 (pt), 94.03, 94.05, 94.06, 94.07 (pt), 95.01 (pt), 95.02 (pt), 96.03, 96.04 (pt), 96.05 (pt), 96.06 (pt), 98.12 (pt), 98.14 (pt), 98.16 (pt), 98.17 (pt), 98.20 (pt), 98.21 (pt), 102.08 (pt), 102.09 (pt)
GraphsVacancy Rate by Quarter IV-1Average Rent by Quarter IV-1Vacancy Rate by Market Area by Quarter IV-2Average Rent by Market Area by Apartment Type IV-2Vacancy Rate by Age of Building IV-3Vacancy Rate by Size of Building IV-3Rent per Square Foot by Apartment Type IV-4Rent per Square Foot by Apartment Unit Size IV-4Estimate of Total Apartments by Year IV-5New Apartment Units Added by Year IV-5Vacancy Rates by Market Area by Apartment Type IV-6Vacancy Rate by Apartment Type by Quarter IV-6Median Rent by Apartment Type by Quarter IV-7Average Rent by Size of Building by Quarter IV-7
TablesVacancy Rates by Market Area IV-8Vacancy Rates by Size of Building by Market Area IV-9Vacancy Rates by Size of Apartment Unit by Market Area IV-9Vacancy Rates by Age of Building by Market Area IV-10Vacancy Rates by Apartment Type by Market Area IV-10
Average Rents by Apartment Type by Market Area IV-11Average Rents by Age of Building by Market Area IV-11Average Rents by Size of Building by Market Area IV-12Median Rents by Apartment Type by Market Area IV-12
Average Rent per Square Foot by Apartment Type by Market Area IV-13Average Rent per Square Foot by Apartment Unit Size by Market Area IV-13
Rental Losses by Size, Age and Market Area IV-14Economic Vacancy Rates by Size, Age and Market Area IV-14
Average Rents for Arapahoe County IV-15Average Rent for Apartment Building/Community Features and Amenities IV-16
Apartment Unit Absorption by Quarter and Year IV-17Estimate of New Apartments by Quarter IV-17Monthly Resident Turnover by Size, Age and Market Area IV-18
Vacancy Rates During the Current Quarter - Arapahoe County Cumulative Totals IV-19Vacancy Rates During the Current Quarter - Arapahoe County South IV-20Vacancy Rates During the Current Quarter - Arapahoe County Southeast IV-21Vacancy Rates During the Current Quarter - Aurora Central Northeast IV-22Vacancy Rates During the Current Quarter - Aurora Central Northwest IV-23Vacancy Rates During the Current Quarter - Aurora Central Southeast IV-24Vacancy Rates During the Current Quarter - Aurora Central Southwest IV-25Vacancy Rates During the Current Quarter - Aurora South IV-26Vacancy Rates During the Current Quarter - Englewood/Sheridan IV-27Vacancy Rates During the Current Quarter - Glendale IV-28Vacancy Rates During the Current Quarter - Littleton IV-29
Market Area Descriptions and Census Tracts IV-30
Table of Contents
Section IV - Arapahoe County
IV-1
0
2
4
6
8
10
12
14
96 Q
1
96 Q
3
97 Q
1
97 Q
3
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Arapahoe County
600.00
700.00
800.00
900.00
1000.00
1100.00
1200.00
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Arapahoe County
IV-2
0
1
2
3
4
5
6
7
8
9
10
Arapahoe Co-South Arapahoe Co-Southeast
Aurora-CentralNortheast
Aurora-CentralNorthwest
Aurora-CentralSoutheast
Aurora- CentralSouthwest
Aurora-South Englewood/Sheridan Glendale Littleton Arapahoe CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Arapahoe County
13 Q4
14 Q1
14 Q2
14 Q3
0
500
1000
1500
2000
2500
Arapahoe Co-South Arapahoe Co-Southeast
Aurora-CentralNortheast
Aurora-CentralNorthwest
Aurora-CentralSoutheast
Aurora- CentralSouthwest
Aurora-South Englewood/Sheridan Glendale Littleton Arapahoe CountyAverage
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Arapahoe County
Efficiency 1 Bed
2 Bed, 1 Bath 2 Bed, 2 Bath
3 Bed All
IV-3
0
1
2
3
4
5
6
7
8
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Arapahoe County
13 Q4
14 Q1
14 Q2
14 Q3
0
1
2
3
4
5
6
7
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Arapahoe County
13 Q4
14 Q1
14 Q2
14 Q3
IV-4
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Arapahoe County
13 Q4 14 Q1
14 Q2 14 Q3
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Arapahoe County
13 Q4 14 Q1
14 Q2 14 Q3
IV-5
45000
47000
49000
51000
53000
55000
57000
59000
61000
6300096
Q1
96 Q
3
97 Q
1
97 Q
3
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Arapahoe County
60 12
200 126
172
376
74
470
3
240
69 98 25
374 340
619
124
602 508 479 510
819
1795
134
322
1287
404
134 92
741
196 244
0
293
60 102 20 0
185
0 20 0 0 0 0 0 0
558
80 20
876
0 0 84
436
0
166
0 0 0 0 0
454
0 0 0 0 36 0 86
0 55
174 66
548
0
200
400
600
800
1000
1200
1400
1600
1800
2000
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Arapahoe County
IV-6
0
5
10
15
20
25
30
35
Arapahoe Co-South Arapahoe Co-Southeast
Aurora-CentralNortheast
Aurora-CentralNorthwest
Aurora-CentralSoutheast
Aurora- CentralSouthwest
Aurora-South Englewood/Sheridan Glendale Littleton Arapahoe CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Arapahoe County
Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All
0
1
2
3
4
5
6
7
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Arapahoe County
13 Q4 14 Q1
14 Q2 14 Q3
IV-7
0
200
400
600
800
1000
1200
1400
1600
1800
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Arapahoe County
13 Q4
14 Q1
14 Q2
14 Q3
$713.00 $717.34
$1,083.81
$2,100.00
0.00
500.00
1000.00
1500.00
2000.00
2500.00
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building for Arapahoe County
IV-8
County 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 2nd 3rd 4th 1st 2nd 3rd 4th8.1 7.3 6.6 7.5 7.0 5.9 6.6 6.4 5.6 3.8 3.9 4.8 4.8 3.0 4.4 5.5 6.4 4.3 5.3 3.9 3.1 3.0 2.4 3.4 2.8 2.8 3.0 4.0 3.9 3.1 3.2 3.3 3.4 2.6 3.7 3.4 3.1 2.7 3.11.5 -3.2 -5.4 -3.5 -1.1 -1.4 0.0 -1.1 -1.4 -2.1 -2.7 -1.6 -0.8 -0.9 0.5 0.7 1.7 1.3 0.9 -1.6 -3.4 -1.4 -2.9 -0.5 -3.6 -0.2 0.7 0.7 1.1 0.3 0.2 -0.8 -0.5 -0.5 0.5 0.2 -0.4 0.2 -0.6
10.4 9.6 8.2 7.4 7.1 6.8 6.8 6.5 6.1 5.6 4.9 4.5 4.3 4.1 4.2 4.4 4.8 5.2 5.4 5.0 4.1 3.8 3.1 2.9 2.9 2.8 3.0 3.2 3.4 3.5 3.6 3.4 3.2 3.1 3.2 3.3 3.2 3.2 3.18.0 4.8 4.2 5.6 5.6 5.4 3.9 7.6 4.4 5.1 4.4 5.3 11.2 5.7 6.3 9.0 15.7 10.5 6.9 7.8 6.0 4.9 3.9 4.8 5.8 4.2 4.6 5.6 6.0 4.1 3.6 4.9 4.2 3.9 4.3 5.9 5.3 5.8 9.4
-13.7 -1.6 -0.9 -0.5 -2.4 0.6 -0.3 2.0 -1.2 -0.3 0.5 -2.3 6.9 0.6 1.9 3.7 4.5 4.8 0.5 -1.2 -9.7 -5.6 -3.0 -3.0 -9.9 -0.7 0.7 0.8 0.2 0.0 -1.0 -0.8 -1.8 -0.2 0.7 1.1 1.1 1.9 5.16.4 6.0 5.8 5.7 5.1 5.2 5.1 5.6 5.3 5.3 5.4 4.8 6.5 6.7 7.1 8.1 9.2 10.4 10.5 10.2 7.8 6.4 5.6 4.9 4.8 4.6 4.8 5.0 5.1 5.1 4.8 4.6 4.2 4.1 4.3 4.6 4.9 5.3 6.67.9 10.0 8.9 9.2 11.2 11.8 12.5 9.6 8.4 10.7 8.9 7.1 7.0 5.3 13.0 11.9 11.9 13.5 12.4 15.1 7.2 8.9 5.7 6.2 7.5 8.6 7.9 7.9 13.2 5.9 3.8 3.8 2.3 4.1 3.0 3.0 3.2 4.4 3.7
-9.3 0.5 1.5 -0.3 3.3 1.7 3.6 0.4 -2.8 -1.1 -3.6 -2.4 -1.4 -5.4 4.1 4.8 4.9 8.2 -0.6 3.2 -4.7 -4.5 -6.6 -8.9 -4.4 -0.3 2.1 1.7 5.7 -2.7 -4.1 -4.1 -10.9 -1.9 -0.8 -0.8 0.8 0.3 0.78.6 8.7 9.1 9.0 9.8 10.2 11.1 11.2 10.5 10.3 9.4 8.8 8.4 7.1 8.1 9.3 10.5 12.6 12.4 13.2 12.0 10.9 9.2 7.0 7.1 7.0 7.5 8.0 9.4 8.7 7.7 6.7 4.0 3.5 3.3 3.1 3.3 3.4 3.69.2 7.4 6.0 8.6 8.0 6.8 14.6 7.1 7.2 6.1 4.8 7.0 7.3 6.2 8.1 10.3 13.9 12.8 9.5 9.8 7.5 5.8 4.7 5.1 6.2 6.0 6.2 6.6 6.2 5.5 5.2 6.1 5.3 4.7 6.4 5.6 4.5 4.1 4.0
-5.2 -1.8 -4.2 -1.0 -1.2 -0.6 8.6 -1.5 -0.8 -0.7 -9.8 0.0 0.1 0.1 3.3 3.3 6.6 6.5 1.5 -0.6 -6.4 -7.0 -4.8 -4.7 -7.7 0.2 1.4 1.5 0.0 -0.5 -1.0 -0.5 -1.0 -0.9 1.2 -0.5 -0.7 -0.6 -2.49.5 9.1 8.0 7.8 7.5 7.4 9.5 9.1 8.9 8.7 6.3 6.3 6.3 6.3 7.2 8.0 9.6 11.3 11.6 11.5 9.9 8.1 6.9 5.8 5.5 5.5 5.9 6.3 6.3 6.1 5.9 5.8 5.5 5.3 5.6 5.5 5.3 5.2 4.68.2 7.6 5.8 7.3 6.7 7.4 6.4 6.8 6.9 4.9 4.2 4.2 5.2 7.8 10.0 10.0 14.3 14.1 7.0 7.3 5.6 5.5 4.9 5.3 4.5 4.5 4.7 5.7 4.6 4.6 4.6 4.9 3.8 3.0 3.4 3.3 3.5 3.4 3.3
-1.4 -2.8 -3.6 -1.1 -1.5 -0.1 0.6 -0.5 0.2 -2.6 -2.3 -2.7 -1.8 3.0 5.8 5.8 9.1 6.3 -2.9 -2.7 -8.7 -8.7 -2.1 -2.0 -9.8 -0.9 -0.2 0.3 0.1 0.1 -0.1 -0.7 -0.8 -1.6 -1.2 -1.6 -0.2 0.4 -0.19.1 8.4 7.5 7.2 6.9 6.8 7.0 6.9 6.9 6.3 5.7 5.0 4.6 5.3 6.8 8.2 10.5 12.1 11.4 10.7 8.5 6.3 5.8 5.3 5.1 4.8 4.8 4.8 4.9 4.9 4.9 4.7 4.5 4.1 3.8 3.4 3.3 3.4 3.4
11.4 8.3 8.3 8.6 8.8 7.5 8.1 10.4 13.5 7.0 5.3 5.8 5.9 5.6 7.4 8.4 6.6 8.6 9.3 7.8 9.1 8.7 12.2 10.2 8.2 7.2 7.0 9.9 9.1 7.9 6.1 7.6 3.8 3.4 3.6 4.1 3.7 4.2 4.02.4 -0.9 -3.0 -3.3 -2.6 -0.8 -0.1 1.8 4.8 -0.5 -2.8 -4.6 -7.6 -1.4 2.0 2.6 0.6 3.0 1.9 -0.7 2.5 0.0 2.9 2.5 1.6 -1.4 -5.2 -0.3 0.9 0.7 -0.8 -2.3 -5.4 -4.5 -2.6 -3.5 -0.1 0.8 0.4
11.0 10.7 10.0 9.2 8.5 8.3 8.3 8.7 9.9 9.8 9.1 7.9 6.0 5.7 6.2 6.8 7.0 7.8 8.2 8.1 8.7 8.7 9.4 10.0 9.8 9.5 8.2 8.1 8.3 8.5 8.3 7.7 6.4 5.2 4.6 3.7 3.7 3.9 4.08.6 6.8 6.9 7.1 6.8 5.7 4.2 5.6 7.7 7.1 5.1 6.8 5.2 6.5 5.7 7.0 7.9 12.4 7.8 8.9 8.6 8.1 8.4 8.2 8.4 6.0 6.7 7.8 6.7 6.0 4.7 4.5 4.3 6.2 6.3 7.3 5.5 6.0 4.6
-10.4 -4.3 -3.1 -3.6 -1.8 -1.1 -2.8 -1.4 0.9 1.3 0.9 1.2 -2.5 -0.6 0.6 0.3 2.7 5.9 2.1 1.9 0.7 -4.3 0.7 -0.8 0.5 -2.1 -1.7 -0.4 -1.7 0.0 -1.9 -3.3 -2.4 0.1 1.6 2.8 1.2 -0.2 -1.810.1 9.0 8.2 7.4 6.9 6.6 5.9 5.6 5.8 6.1 6.4 6.7 6.0 5.9 6.0 6.1 6.8 8.3 8.8 9.2 9.4 8.3 8.5 8.3 8.3 7.8 7.3 7.2 6.8 6.8 6.3 5.5 4.9 4.9 5.3 6.0 6.3 6.3 5.810.2 7.2 6.0 7.5 6.7 6.5 5.1 6.6 7.0 6.6 5.5 5.4 5.1 4.4 5.1 7.4 7.4 8.4 13.7 9.3 7.6 5.6 5.6 5.2 4.3 5.0 4.1 5.3 2.7 4.8 3.8 4.3 4.4 5.6 3.8 4.6 3.9 4.3 3.6
1.6 -1.7 -0.7 -2.1 -3.5 -0.7 -0.9 -0.9 0.3 0.1 0.4 -1.2 -1.9 -2.1 -0.4 2.1 2.4 4.0 8.6 1.8 0.2 -2.9 -8.2 -4.1 -3.1 -0.5 -1.5 0.1 -1.6 -0.3 -0.3 -1.0 1.7 0.8 0.0 0.3 -0.5 -1.3 -0.28.8 8.4 8.2 7.7 6.8 6.7 6.4 6.2 6.3 6.3 6.4 6.1 5.6 5.1 5.0 5.5 6.1 7.1 9.3 9.7 9.8 9.0 7.0 6.0 5.2 5.0 4.7 4.7 4.3 4.2 4.2 3.9 4.3 4.5 4.5 4.6 4.5 4.1 4.18.0 9.1 9.5 7.1 6.4 9.0 7.5 8.3 8.2 6.6 6.3 7.6 9.0 7.3 7.5 8.5 8.9 10.0 9.7 9.6 8.0 6.6 6.1 6.2 6.9 5.0 5.5 5.4 5.1 6.4 6.9 3.6 5.0 7.6 7.3 7.1 6.7 5.7 4.9
-4.0 -3.3 1.2 -4.7 -1.7 0.0 -2.0 1.2 1.8 -2.5 -1.2 -0.7 0.8 0.7 1.2 0.9 -0.1 2.7 2.1 1.0 -0.9 -3.4 -3.5 -3.3 -2.0 -1.6 -0.7 -0.8 -1.8 1.4 1.4 -1.9 -0.1 1.2 0.4 3.6 1.7 -1.9 -2.410.1 9.3 9.6 8.4 8.0 8.0 7.5 7.8 8.3 7.6 7.3 7.2 7.4 7.6 7.9 8.1 8.1 8.8 9.3 9.5 9.3 8.5 7.6 6.8 6.5 6.1 5.9 5.7 5.2 5.6 5.9 5.5 5.5 5.8 5.9 6.8 7.2 6.7 6.18.7 6.1 6.7 7.1 5.5 5.5 4.9 5.8 5.6 4.7 4.4 5.5 5.7 5.0 4.4 7.3 5.2 6.6 5.0 10.9 5.7 3.2 3.5 3.8 2.9 4.5 2.9 5.2 4.1 3.9 4.7 5.5 3.5 2.4 3.2 3.8 3.5 3.3 6.10.1 -1.0 -1.4 -3.1 -3.2 -0.5 -1.7 -1.2 0.1 -0.8 -0.5 -0.3 0.2 0.2 0.0 1.8 -0.6 1.7 0.7 3.6 0.6 -3.4 -1.6 -7.0 -2.3 1.3 -0.5 1.4 1.3 -0.7 1.8 0.3 -0.6 -1.5 -1.5 -1.8 -0.1 1.0 2.98.5 8.2 7.9 7.1 6.3 6.2 5.7 5.4 5.5 5.3 5.1 5.1 5.1 5.2 5.1 5.6 5.4 5.9 6.0 6.9 7.1 6.2 5.8 4.1 3.4 3.7 3.5 3.9 4.2 4.0 4.5 4.6 4.4 4.0 3.7 3.2 3.2 3.4 4.28.9 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 4.6 4.6
-4.4 -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 -3.3 -1.0 -1.2 0.2 -0.2 0.1 -0.8 -1.8 -2.1 -1.0 0.0 0.1 0.3 0.1 -0.29.5 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 4.8 4.7
2013
Arapahoe Co-South
Arapahoe Co-Southeast
2007 2012
Arapahoe County
Aurora-Central Northeast
Aurora-Central Northwest
Aurora- Central Southwest
Aurora-South
20112005 2010200920082006
Due to rounding of the vacancy rate, numbers may not always add exactly.
2014
Third Figure = Twelve Month AverageSecond Figure = Change from Year AgoFirst Figure = Rate for Quarter in Percent
Vacancy Rates by Market Area for Arapahoe County
Aurora-Central Southeast
Englewood/ Sheridan
Glendale
Littleton
IV-9
4th 1st 2nd 3rd 4th 1st 2nd 3rd
Up to 8 499 below9 to 50 0.0 0.0 500 to 749 2.5 2.5 1.5 1.051 to 99 750 to 999 3.1 2.6 3.1 3.6100 to199 2.1 3.6 1.7 0.8 1000 above 4.1 3.7 2.8 3.6200 to 349 3.7 2.6 2.4 3.0350 up 3.8 4.2 4.6 6.0Up to 8 499 below9 to 50 500 to 749 6.6 4.9 5.0 9.051 to 99 750 to 999 4.3 4.5 3.9 10.6100 to 199 12.5 19.0 1000 above 7.2 6.0 7.5 8.6200 to 349 5.7 4.6 5.3 9.7350 up 6.7 7.3 5.7 3.8Up to 8 499 below 1.2 0.0 0.8 0.09 to 50 500 to 749 2.9 3.1 3.7 4.751 to 99 750 to 999 2.9 3.5 6.1 3.5100 to 199 5.0 5.3 9.1 7.1 1000 above 4.7 2.4 100.0 0.0200 to 349 1.3 2.8 1.0 1.5350 up 3.4 2.8 3.4 3.5Up to 8 0.0 0.0 0.0 499 below 3.0 3.0 5.7 0.09 to 50 3.3 3.3 4.2 500 to 749 6.3 5.5 4.0 4.351 to 99 0.0 0.0 1.8 750 to 999 6.5 5.0 3.8 3.8100 to 199 4.4 3.3 2.7 2.6 1000 above 5.1 3.9 4.0 4.1200 to 349 4.5 5.3 5.6 5.4350 up 6.7 4.8 4.1 3.8Up to 8 0.0 0.0 499 below 0.0 0.09 to 50 500 to 749 2.7 3.4 3.2 3.3
51 to 99 750 to 999 3.7 3.9 3.6 3.2 100 to 199 3.7 5.8 5.0 4.7 1000 above 3.6 3.3 3.4 3.5
200 to 349 3.7 2.8 2.5 2.5350 up 2.9 3.6 3.5 3.3Up to 8 499 below 3.5 2.1 2.0 6.19 to 50 500 to 749 3.9 4.0 4.9 3.551 to 99 750 to 999 4.4 3.4 3.9 4.2100 to 199 3.4 4.6 4.4 4.7 1000 above 3.8 3.8 3.8 4.7200 to 349 4.4 4.0 3.7 3.2350 up 4.0 3.2 4.8 4.7Up to 8 499 below 2.1 2.1 5.2 6.09 to 50 500 to 749 8.3 5.6 5.6 6.451 to 99 3.3 0.0 4.6 1.5 750 to 999 7.1 5.5 6.2 3.3100 to 199 3.3 1.1 1.1 1000 above 6.5 5.8 6.2 4.3200 to 349 4.7 6.0 6.3 3.8350 up 8.0 5.5 6.1 4.9Up to 8 0.0 0.0 499 below 0.7 0.0 0.0 0.09 to 50 2.3 1.6 0.9 2.1 500 to 749 3.3 3.7 4.6 2.951 to 99 0.0 1.2 1.8 750 to 999 4.8 3.8 4.2 3.4100 to 199 3.7 4.2 3.5 0.7 1000 above 5.9 4.4 4.3 4.7200 to 349 5.0 3.0 5.7 4.7350 up 5.4 5.2 4.2 3.9Up to 8 499 below 3.6 4.4 3.5 3.19 to 50 1.8 5.9 3.8 500 to 749 7.2 7.2 7.1 6.751 to 99 5.6 6.1 9.9 7.0 750 to 999 6.6 6.3 5.9 3.6100 to 199 6.0 5.8 4.3 4.3 1000 above 9.2 6.7 2.9 3.0200 to 349 5.8 4.3 3.0 1.6350 up 13.4 13.0 11.6 10.5Up to 8 7.5 2.4 0.0 2.9 499 below 1.1 2.2 4.1 0.09 to 50 0.0 0.0 1.1 3.2 500 to 749 3.2 1.7 1.9 6.151 to 99 4.1 750 to 999 4.1 4.4 3.6 7.1100 to 199 1.4 1.4 1.4 3.7 1000 above 4.8 4.4 4.4 5.8200 to 349 3.2 3.0 2.6 8.2350 up 5.1 4.5 4.7 5.0Up to 8 5.6 1.8 0.0 2.9 499 below 2.1 2.4 3.9 2.89 to 50 1.9 3.1 2.1 2.3 500 to 749 5.3 4.6 4.7 4.851 to 99 2.6 2.8 5.2 4.6 750 to 999 5.0 4.3 4.5 4.3100 to 199 4.1 4.6 4.4 4.2 1000 above 5.6 4.7 4.8 4.8200 to 349 4.4 4.0 4.2 4.8350 up 6.1 4.8 5.1 4.6
Aurora- Central Southwest
Aurora-South
Aurora- Central Southwest
Arapahoe Co-Southeast
County
Aurora-Central Southeast
2013
Arapahoe County Arapahoe County
Glendale Glendale
Littleton
Arapahoe Co-Southeast
Aurora-Central Northeast
Englewood/Sheridan
Littleton
Aurora-Central Northeast
Englewood/Sheridan
Aurora-Central Northwest
County
Aurora-Central Southeast
Arapahoe Co-SouthArapahoe Co-South
Aurora-South
Aurora-Central Northwest
by Market Area for Arapahoe County
Square Feet in UnitNumber of Units
20142014 2013
Vacancy Rates by Size of Building
(In Percent)by Market Area for Arapahoe County
Vacancy Rates by Size of Apartment Unit
(In Percent)
IV-10
County Year 4th 1st 2nd 3rd 4th 1st 2nd 3rdTo 1959 Efficiency 7.1 3.6 0.0 0.01960-69 0.7 2.2 0.0 0.7 1 Bed 3.3 2.7 2.6 3.41970-79 2.5 0.3 2.8 2.1 2 Bed, 1 Bath 1.0 6.0 2.7 2.01980-89 4.3 5.1 1.8 2.6 2 Bed, 2 Bath 3.3 2.9 2.8 3.41990-99 3.0 2.9 3.5 3.9 3 Bed 4.7 4.9 3.4 3.22000-04 Other 6.4 1.1 3.2 0.02005 up 7.4 5.0 1.0 4.0 All 3.4 3.1 2.7 3.1To 1959 Efficiency 12.5 6.3 0.0 31.31960-69 1 Bed 4.8 4.5 3.6 9.21970-79 2 Bed, 1 Bath 5.7 6.3 6.5 5.61980-89 2 Bed, 2 Bath 7.3 5.9 8.2 9.81990-99 5.6 4.7 8.1 6.2 3 Bed 5.7 6.8 4.2 4.02000-04 6.6 6.3 4.1 4.2 Other 0.0 0.0 0.0 100.02005 up 5.3 3.8 1.7 30.5 All 5.9 5.3 5.8 9.4To 1959 Efficiency 6.1 0.0 0.0 0.01960-69 1 Bed 2.5 3.2 4.3 4.91970-79 2.8 2.0 3.8 3.5 2 Bed, 1 Bath 2.8 2.7 4.6 2.21980-89 3.8 5.5 9.1 6.7 2 Bed, 2 Bath 3.7 4.3 5.7 4.41990-99 1.4 2.4 2.9 3 Bed 3.4 1.0 2.0 0.02000-04 Other 0.02005 up 2.1 3.1 All 3.0 3.2 4.4 3.7To 1959 0.0 0.0 1.0 0.0 Efficiency 0.0 0.0 8.7 2.91960-69 10.5 6.8 5.8 4.2 1 Bed 6.3 5.1 4.2 3.71970-79 4.1 4.6 5.8 4.4 2 Bed, 1 Bath 4.7 4.1 3.6 5.11980-89 6.5 5.7 4.2 4.8 2 Bed, 2 Bath 4.8 4.2 4.0 4.31990-99 6.0 3.7 2.4 3.2 3 Bed 9.3 3.5 4.1 3.62000-04 0.0 4.4 0.0 3.6 Other 0.0 0.0 0.02005 up 2.2 2.5 5.3 4.7 All 5.6 4.5 4.1 4.0To 1959 Efficiency 0.0 0.01960-69 1 Bed 2.6 3.5 2.9 3.11970-79 0.0 2 Bed, 1 Bath 4.8 4.9 4.1 3.81980-89 3.2 3.6 3.7 3.5 2 Bed, 2 Bath 3.4 3.1 4.1 3.61990-99 3 Bed 4.3 2.6 1.1 1.62000-04 3.3 3.8 3.0 3.4 Other 10.7 7.1 3.6 0.02005 up 3.8 4.4 2.9 1.2 All 3.3 3.5 3.4 3.3To 1959 3.0 4.0 3.5 2.0 Efficiency 3.8 2.3 2.0 6.11960-69 1 Bed 4.2 3.9 4.7 4.51970-79 2.6 4.2 4.6 4.9 2 Bed, 1 Bath 5.2 3.6 3.2 3.01980-89 4.5 3.4 4.4 2.6 2 Bed, 2 Bath 3.9 3.7 4.1 3.31990-99 3.1 2.9 3.6 11.9 3 Bed 1.1 1.9 1.1 8.52000-04 2.3 3.7 Other 0.0 0.02005 up 8.2 7.0 4.6 1.2 All 4.1 3.7 4.2 4.0To 1959 Efficiency 4.1 5.4 4.0 5.21960-69 1 Bed 7.6 5.7 6.0 4.91970-79 13.4 12.3 8.1 9.3 2 Bed, 1 Bath 8.3 5.9 6.6 4.31980-89 5.7 2.3 4.1 3.8 2 Bed, 2 Bath 6.9 5.1 5.8 4.31990-99 7.1 6.5 8.6 6.7 3 Bed 7.0 7.0 6.8 4.22000-04 3.6 2.9 2.5 3.3 Other 4.9 3.9 6.9 2.02005 up 10.3 11.6 16.3 1.7 All 7.3 5.5 6.0 4.6To 1959 0.0 0.0 Efficiency 0.0 0.0 0.0 0.01960-69 0.0 3.9 1.3 0.0 1 Bed 3.3 3.3 4.0 2.71970-79 3.7 3.4 2.0 1.9 2 Bed, 1 Bath 4.6 3.8 1.4 3.41980-89 5.6 3.3 5.8 5.4 2 Bed, 2 Bath 7.4 5.2 6.6 5.71990-99 3 Bed 1.6 2.2 7.7 3.82000-04 7.8 7.8 6.2 4.6 Other 0.02005 up 0.6 1.9 2.5 1.3 All 4.6 3.9 4.3 3.6To 1959 Efficiency 3.1 3.8 3.5 3.01960-69 6.2 3.5 5.0 3.1 1 Bed 7.3 6.8 6.8 5.81970-79 8.4 8.8 8.1 6.9 2 Bed, 1 Bath 7.3 7.5 6.8 5.51980-89 4.3 7.0 4.3 7.8 2 Bed, 2 Bath 7.5 6.4 2.6 2.21990-99 6.8 6.5 1.2 0.6 3 Bed 8.1 5.4 0.0 1.92000-04 1.7 Other 6.7 6.72005 up All 7.1 6.7 5.7 4.9To 1959 Efficiency 5.7 0.0 1.5 0.01960-69 6.1 2.0 0.0 4.5 1 Bed 3.0 2.8 2.3 5.11970-79 2.0 1.5 2.3 0.6 2 Bed, 1 Bath 4.3 1.6 2.8 9.71980-89 3.1 2.4 2.4 8.5 2 Bed, 2 Bath 4.5 4.9 5.3 6.21990-99 6.9 5.5 6.5 5.3 3 Bed 5.9 7.8 5.9 8.42000-04 Other 0.0 0.02005 up 0.9 2.9 2.3 4.0 All 3.8 3.5 3.3 6.1To 1959 2.0 2.7 2.7 2.0 Efficiency 4.2 3.2 3.1 5.41960-69 6.9 4.6 4.6 3.1 1 Bed 5.0 4.5 4.5 4.71970-79 5.8 5.5 5.5 4.9 2 Bed, 1 Bath 5.5 4.7 4.5 4.21980-89 4.5 3.5 4.1 4.1 2 Bed, 2 Bath 5.3 4.4 5.0 4.71990-99 5.4 4.6 5.4 5.2 3 Bed 5.1 4.4 4.2 3.92000-04 4.8 4.4 3.1 3.7 Other 5.1 2.8 4.3 1.32005 up 5.6 5.5 5.5 6.0 All 5.2 4.5 4.6 4.6Ar
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Vacancy Rates by Apartment Type
(In Percent)
by Market Area for Arapahoe CountyVacancy Rates by Age of Building
Gle
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Littl
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Auro
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Arap
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Co-
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(In Percent)
2014
Apartment Type
2014 2013
Engl
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Sher
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Arap
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Co-
Sout
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tAu
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2013
by Market Area for Arapahoe County
County
IV-11
County 4th 1st 2nd 3rd County Year Built 4th 1st 2nd 3rdArapahoe Co-South Arapahoe Co-South To 1959Efficiency 917.36 1063.93 1038.93 1060.35 1960-69 635.29 708.82 685.29 714.711 Bed 1006.87 1099.59 1117.12 1106.81 1970-79 1071.73 1076.22 1237.58 1188.842 Bed, 1 Bath 1121.96 1115.95 1208.51 1300.28 1980-89 1111.23 1156.54 1272.01 1292.632 Bed, 2 Bath 1298.21 1331.13 1564.22 1463.03 1990-99 1269.85 1318.83 1384.00 1423.253 Bed 1596.03 1679.87 1420.55 1681.11 2000-04All 1180.81 1245.52 1333.53 1336.81 2005 up 1297.81 1627.79 1641.61 1755.38Arapahoe Co-Southeast Arapahoe Co-Southeast To 1959Efficiency 924.00 1115.00 1020.00 1131.67 1960-691 Bed 1138.97 1170.22 1187.45 1233.96 1970-792 Bed, 1 Bath 1292.83 1344.10 1428.20 1452.48 1980-892 Bed, 2 Bath 1449.87 1495.01 1537.07 1548.24 1990-99 1273.52 1394.51 1430.71 1462.223 Bed 1980.76 1772.72 1797.97 1688.14 2000-04 1351.59 1311.79 1266.65 1313.92All 1302.02 1337.31 1377.53 1398.62 2005 up 1268.06 1265.27 1387.98 1391.53Aurora-Central Northeast Aurora-Central Northeast To 1959Efficiency 561.97 547.84 572.62 572.62 1960-691 Bed 749.48 773.47 765.61 724.92 1970-79 753.41 765.40 827.52 791.652 Bed, 1 Bath 844.24 895.03 895.95 866.41 1980-89 900.99 992.22 1169.19 1196.182 Bed, 2 Bath 1043.48 1114.46 1152.85 1128.59 1990-99 950.96 950.96 967.313 Bed 1301.85 1383.82 1295.00 1312.50 2000-04All 886.62 899.92 864.86 851.77 2005 up 1171.70 1195.04Aurora-Central Northwest Aurora-Central Northwest To 1959 814.76 834.91 811.90 450.00Efficiency 599.00 687.09 694.20 802.00 1960-69 849.34 847.49 851.90 917.881 Bed 861.52 881.62 908.64 988.99 1970-79 688.40 697.03 761.27 805.092 Bed, 1 Bath 906.22 945.10 973.12 1155.80 1980-89 854.07 908.08 1052.88 1104.972 Bed, 2 Bath 1211.05 1203.12 1236.99 1299.66 1990-99 1269.77 1276.72 1288.51 1372.023 Bed 1372.37 1407.78 1287.46 1345.93 2000-04 782.65 1050.61 1243.33 1069.53All 1013.30 1033.68 1049.21 1140.45 2005 up 1477.35 1471.06 1332.93 1414.93Aurora-Central Southeast Aurora-Central Southeast To 1959Efficiency 637.50 680.00 1960-691 Bed 756.31 806.47 827.62 852.88 1970-79 756.532 Bed, 1 Bath 836.55 889.97 869.11 908.54 1980-89 798.88 834.54 848.28 868.072 Bed, 2 Bath 963.83 1039.82 1062.45 1116.42 1990-993 Bed 1451.15 1428.33 1449.49 1473.74 2000-04 1131.46 1146.60 1162.34 1274.49All 869.31 928.21 952.33 990.55 2005 up 1093.38 1081.62 1180.15 1149.26Aurora- Central Southwest Aurora- Central Southwest To 1959 765.77 753.55 775.97 768.15Efficiency 580.41 584.76 609.18 636.73 1960-691 Bed 780.14 801.74 823.82 852.23 1970-79 692.89 700.25 728.69 745.252 Bed, 1 Bath 861.02 886.16 938.03 956.74 1980-89 863.85 891.11 900.07 983.752 Bed, 2 Bath 1013.94 1065.32 1139.89 1179.44 1990-99 1047.11 1122.50 1205.18 1276.413 Bed 1051.22 1107.10 1693.70 1701.30 2000-04 1241.37 1300.48All 878.28 912.39 960.07 975.72 2005 up 1460.34 1460.40 1463.30 1541.06Aurora-South Aurora-South To 1959Efficiency 697.85 697.80 605.92 750.13 1960-691 Bed 843.16 866.44 919.53 949.50 1970-79 764.60 778.18 808.64 845.602 Bed, 1 Bath 953.51 966.22 983.97 1064.74 1980-89 884.59 922.04 979.75 1012.512 Bed, 2 Bath 1143.70 1154.88 1209.08 1282.51 1990-99 1083.96 1116.92 1192.54 1236.263 Bed 1493.89 1511.19 1582.65 1673.62 2000-04 1159.51 1128.12 1186.24 1186.41All 994.05 1013.81 1065.11 1109.39 2005 up 1220.53 1246.86 1321.12 1357.41Englewood/Sheridan Englewood/Sheridan To 1959 1430.83 689.17Efficiency 639.64 620.00 616.88 575.25 1960-69 700.58 498.53 673.10 741.091 Bed 860.14 885.26 919.26 982.67 1970-79 846.66 802.24 830.76 836.412 Bed, 1 Bath 999.28 1038.16 1126.84 1116.70 1980-89 1015.12 1087.63 1165.21 1224.302 Bed, 2 Bath 1207.09 1294.88 1307.83 1406.97 1990-993 Bed 1441.85 1549.22 1634.62 1522.58 2000-04 1195.25 1211.79 1221.51 1264.50All 989.69 1032.22 1065.51 1117.07 2005 up 1135.03 1135.19 1175.76 1440.06Glendale Glendale To 1959Efficiency 670.31 686.48 721.21 764.78 1960-69 810.38 822.91 870.26 897.601 Bed 864.72 864.76 903.75 913.56 1970-79 832.23 852.53 868.49 943.332 Bed, 1 Bath 929.88 923.77 960.15 1025.32 1980-89 772.90 784.33 812.55 875.302 Bed, 2 Bath 1290.70 1271.61 1515.92 1275.87 1990-99 1324.12 1269.29 1466.44 1480.793 Bed 1773.38 1854.62 2074.95 1679.29 2000-04 2044.64All 953.35 950.27 1044.84 998.86 2005 upLittleton Littleton To 1959Efficiency 695.38 709.33 764.78 880.89 1960-69 628.02 661.20 656.36 742.901 Bed 926.17 1020.43 964.37 1084.15 1970-79 778.74 812.11 813.18 809.872 Bed, 1 Bath 1030.46 1091.04 1101.40 1191.89 1980-89 968.26 1048.64 1125.09 1271.072 Bed, 2 Bath 1262.66 1384.57 1287.05 1407.28 1990-99 1217.49 1367.41 1179.28 1298.483 Bed 1667.12 1759.82 1573.06 2021.39 2000-04All 1055.97 1161.75 1088.54 1241.51 2005 up 1329.17 1317.70 1313.65 1334.58Arapahoe County Arapahoe County To 1959 794.68 778.10 787.70 766.55Efficiency 678.27 702.83 696.00 799.91 1960-69 796.52 806.54 832.42 871.511 Bed 863.51 891.19 918.57 960.11 1970-79 776.66 777.77 816.87 858.822 Bed, 1 Bath 934.75 954.51 993.87 1045.22 1980-89 883.95 921.06 975.89 1035.392 Bed, 2 Bath 1165.74 1199.19 1265.02 1308.75 1990-99 1207.95 1245.98 1303.08 1352.233 Bed 1429.87 1452.84 1562.96 1619.44 2000-04 1205.19 1184.68 1253.16 1241.62All 995.27 1026.03 1067.01 1112.87 2005 up 1264.69 1291.55 1339.75 1388.66
(In Dollars)by Market Area for Arapahoe CountyAverage Rents by Apartment Type Average Rents by Age of Building
by Market Area for Arapahoe County(In Dollars)
2013
Rents are based on units being unfurnished with tenants paying gas and electricity.
2014
Average rents do not reflect "rental losses" from discounts and concessions.Rents are based on the units being unfurnished with tenants paying electricity and gas.
2013
Average rent minus rental losses equals effective rent. Average rent minus rental losses equals effective rent.Average rents do not reflect "rental losses" from discounts and concessions.
2014
IV-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdArapahoe Co-South Arapahoe Co-SouthUp to 8 Efficiency 894.67 1044.67 994.67 994.339 to 50 851.67 866.25 1 Bed 1078.10 1081.42 1114.89 1134.0251 to 99 2 Bed, 1 Bath 1178.67 1113.00 1214.50 1238.00100 to 199 959.54 1028.84 1068.93 1106.08 2 Bed, 2 Bath 1315.71 1319.62 1477.50 1457.83200 to 349 1235.16 1322.27 1471.31 1409.34 3 Bed 1556.33 1592.50 1523.67 1781.31350 and up 1214.95 1209.40 1189.25 1285.95 All 1120.32 1162.52 1328.08 1283.04Arapahoe Co-Southeast Arapahoe Co-SoutheastUp to 8 Efficiency 913.00 1113.00 1013.00 1119.009 to 50 1 Bed 1115.73 1098.86 1190.50 1237.7951 to 99 2 Bed, 1 Bath 1279.43 1314.57 1369.43 1462.59100 to 199 1218.29 1143.21 2 Bed, 2 Bath 1381.50 1430.00 1537.36 1605.80200 to 349 1259.21 1295.96 1392.30 1408.33 3 Bed 1833.80 1718.40 1884.73 1712.00350 and up 1416.45 1465.36 1364.31 1443.86 All 1295.71 1361.27 1308.29 1360.66Aurora-Central Northeast Aurora-Central NortheastUp to 8 Efficiency 529.16 498.36 498.36 498.369 to 50 1 Bed 741.44 768.45 745.28 723.5051 to 99 2 Bed, 1 Bath 838.62 916.10 897.80 877.74100 to 199 754.34 808.91 843.88 857.02 2 Bed, 2 Bath 992.39 1044.51 1232.28 1067.94200 to 349 1036.64 1092.68 960.00 983.33 3 Bed 1305.67 1318.00 1288.00 1313.00350 and up 843.52 854.93 852.58 794.66 All 844.31 847.77 875.72 834.00Aurora-Central Northwest Aurora-Central NorthwestUp to 8 922.33 913.67 450.00 Efficiency 588.00 624.33 667.00 699.339 to 50 1140.33 1110.33 639.06 1 Bed 730.97 832.79 861.60 1036.1551 to 99 794.61 1005.22 909.35 2 Bed, 1 Bath 838.50 847.85 895.33 1140.25100 to199 912.34 967.96 1019.64 1017.64 2 Bed, 2 Bath 1402.50 1373.47 1310.20 1284.57200 to 349 984.22 1000.96 971.62 1015.36 3 Bed 1122.70 1334.47 1169.89 1172.45350 and up 1062.79 1057.14 1096.97 1228.99 All 1034.75 1024.27 1111.42 1180.01Aurora-Central Southeast Aurora-Central SoutheastUp to 8 1052.50 1052.50 Efficiency 638.00 688.009 to 50 1 Bed 728.66 786.53 787.60 816.3851 to 99 2 Bed, 1 Bath 797.69 837.91 818.23 837.61100 to199 838.78 843.49 855.53 903.44 2 Bed, 2 Bath 898.80 944.94 1054.81 1029.81200 to 349 987.07 1020.53 1109.61 1172.68 3 Bed 1438.95 1414.15 1420.77 1470.77350 and up 784.97 873.96 898.59 921.71 All 855.11 903.88 911.10 959.58Aurora- Central Southwest Aurora- Central SouthwestUp to 8 Efficiency 573.67 598.67 611.93 636.939 to 50 1 Bed 753.53 771.78 792.61 826.4351 to 99 2 Bed, 1 Bath 843.51 866.92 898.21 895.70100 to199 741.02 749.01 757.13 783.04 2 Bed, 2 Bath 942.44 1002.05 1088.00 1118.95200 to 349 924.03 915.24 994.23 993.79 3 Bed 923.23 954.30 1757.33 1637.50350 and up 874.14 944.26 1000.87 1039.71 All 841.33 865.17 895.34 913.90Aurora-South Aurora-SouthUp to 8 Efficiency 680.33 655.33 523.44 674.569 to 50 1 Bed 828.38 856.05 937.73 941.6651 to 99 1394.80 1378.23 1359.00 1570.00 2 Bed, 1 Bath 946.92 970.60 1011.67 1085.19100 to199 1096.00 1100.00 1150.00 2 Bed, 2 Bath 1118.81 1171.60 1218.48 1249.51200 to 349 1021.70 1045.79 1106.93 1145.28 3 Bed 1554.43 1544.55 1589.33 1693.45350 and up 983.27 1001.18 1051.50 1094.44 All 972.58 981.77 1027.56 1088.93Englewood/Sheridan Englewood/SheridanUp to 8 1430.83 689.17 Efficiency 617.00 613.00 634.00 584.009 to 50 713.33 638.05 696.20 746.41 1 Bed 911.86 924.79 994.93 1016.0751 to 99 639.18 852.73 904.13 2 Bed, 1 Bath 1055.62 1109.62 1074.88 1173.35100 to199 841.02 708.47 729.13 714.48 2 Bed, 2 Bath 1191.36 1407.92 1384.10 1488.46200 to 349 1012.63 1038.18 1100.72 1198.11 3 Bed 1320.85 1779.23 1600.00 1350.00350 and up 1121.80 1185.62 1230.92 1288.53 All 1006.99 997.90 1046.13 1099.96Glendale GlendaleUp to 8 Efficiency 617.00 646.38 672.35 721.239 to 50 761.10 768.14 786.51 1 Bed 802.23 826.65 798.58 847.1651 to 99 876.64 885.38 901.21 958.06 2 Bed, 1 Bath 879.75 928.36 943.72 1016.88100 to199 923.42 942.30 819.90 870.38 2 Bed, 2 Bath 1392.63 1217.63 1578.40 1208.11200 to 349 1122.30 1085.37 1315.97 1131.39 3 Bed 1787.31 1886.13 1788.75 1855.50350 and up 770.94 797.75 818.25 887.04 All 876.35 881.92 883.65 919.93Littleton LittletonUp to 8 634.58 672.80 685.18 707.74 Efficiency 563.00 550.00 574.52 700.009 to 50 742.05 822.12 708.90 782.38 1 Bed 874.71 1077.95 1001.59 1115.7651 to 99 875.29 2 Bed, 1 Bath 1054.94 1173.91 1146.17 1305.67100 to199 731.45 827.69 811.76 1413.81 2 Bed, 2 Bath 1236.28 1442.28 1243.55 1365.70200 to 349 1005.16 1080.70 1037.01 1218.75 3 Bed 1702.33 1698.67 1727.33 2002.12350 and up 1225.55 1336.77 1234.87 1322.82 All 1036.97 1183.35 1091.63 1253.29Arapahoe County Arapahoe CountyUp to 8 770.50 714.67 685.18 700.37 Efficiency 614.68 636.52 665.32 716.439 to 50 761.16 748.48 720.31 757.28 1 Bed 823.80 849.95 895.36 935.6951 to 99 872.31 999.18 928.84 994.04 2 Bed, 1 Bath 884.26 927.53 919.34 1017.31100 to 199 853.96 882.78 888.61 954.68 2 Bed, 2 Bath 1142.51 1191.28 1240.82 1283.86200 to 349 1065.50 1089.26 1179.36 1196.29 3 Bed 1437.68 1422.53 1509.33 1614.31350 and up 984.031 1015.629 1045.021 1097.446 All 942.98 974.17 1017.00 1082.34
(In Dollars)
20132013 2014 2014
Average rent minus rental losses equals effective rent.Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions. Rents are based on units being unfurnished with tenants paying gas and electricity. Average rents do not reflect "rental losses" from discounts and concessions.
Rents reflect units being unfurnished with tenants paying gas and electricity.
Number of Units
Median Rents by Apartment Type by Market Area
(In Dollars)
for Arapahoe CountyAverage Rents by Size of Building by Market Area
for Arapahoe County
IV-13
County County
Apartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdArapahoe Co-South Arapahoe Co-SouthEfficiency 1.53 1.77 1.73 1.761 Bed 1.30 1.42 1.43 1.45 499 below2 Bed, 1 Bath 1.26 1.28 1.39 1.49 500 to 749 1.32 1.46 1.42 1.482 Bed, 2 Bath 1.20 1.23 1.45 1.38 750 to 999 1.32 1.37 1.44 1.483 Bed 1.10 1.14 0.92 1.23 1000 above 1.15 1.21 1.38 1.34All 1.25 1.32 1.41 1.42Arapahoe Co-Southeast Arapahoe Co-SoutheastEfficiency 1.69 2.04 1.87 2.021 Bed 1.37 1.40 1.47 1.56 499 below2 Bed, 1 Bath 1.26 1.32 1.39 1.40 500 to 749 1.37 1.44 1.61 1.712 Bed, 2 Bath 1.18 1.24 1.31 1.34 750 to 999 1.36 1.40 1.41 1.493 Bed 1.30 1.24 1.37 1.32 1000 above 1.19 1.24 1.32 1.34All 1.28 1.33 1.40 1.45Aurora-Central Northeast Aurora-Central NortheastEfficiency 1.13 1.27 1.32 1.321 Bed 1.10 1.15 1.19 1.12 499 below 1.19 1.27 1.32 1.322 Bed, 1 Bath 1.02 1.09 1.11 1.05 500 to 749 1.06 1.11 1.17 1.102 Bed, 2 Bath 1.06 1.14 1.24 1.21 750 to 999 1.10 1.14 1.16 1.123 Bed 1.00 1.04 1.03 1000 above 1.02 1.12 0.69 1.03All 1.07 1.13 1.17 1.11Aurora-Central Northwest Aurora-Central NorthwestEfficiency 1.27 1.29 1.41 1.511 Bed 1.24 1.26 1.33 1.36 499 below 1.30 1.38 1.57 1.492 Bed, 1 Bath 1.14 1.18 1.22 1.26 500 to 749 1.13 1.17 1.23 1.282 Bed, 2 Bath 1.05 1.06 1.13 1.20 750 to 999 1.25 1.24 1.33 1.403 Bed 0.98 1.03 0.97 1.00 1000 above 1.04 1.06 1.07 1.14All 1.14 1.16 1.23 1.27Aurora-Central Southeast Aurora-Central SoutheastEfficiency 1.49 1.591 Bed 1.09 1.17 1.18 1.22 499 below 1.49 1.592 Bed, 1 Bath 0.96 1.02 1.00 1.04 500 to 749 1.09 1.18 1.18 1.222 Bed, 2 Bath 0.99 1.05 1.08 1.13 750 to 999 1.01 1.05 1.09 1.113 Bed 1.12 1.11 1.12 1.14 1000 above 1.02 1.07 1.08 1.15All 1.04 1.11 1.12 1.16Aurora- Central Southwest Aurora- Central SouthwestEfficiency 1.54 1.55 1.44 1.511 Bed 1.13 1.17 1.21 1.26 499 below 1.54 1.55 1.44 1.512 Bed, 1 Bath 1.00 1.03 1.10 1.12 500 to 749 1.11 1.14 1.20 1.242 Bed, 2 Bath 1.05 1.09 1.14 1.19 750 to 999 1.05 1.09 1.13 1.203 Bed 0.92 0.96 1.32 1.21 1000 above 1.05 1.09 1.20 1.18All 1.08 1.12 1.17 1.22Aurora-South Aurora-SouthEfficiency 1.55 1.55 1.37 1.691 Bed 1.21 1.25 1.31 1.33 499 below 1.66 1.66 1.51 1.752 Bed, 1 Bath 1.09 1.10 1.12 1.19 500 to 749 1.23 1.28 1.33 1.382 Bed, 2 Bath 1.10 1.11 1.15 1.19 750 to 999 1.10 1.11 1.16 1.243 Bed 1.20 1.22 1.27 1.34 1000 above 1.14 1.15 1.19 1.21All 1.16 1.19 1.23 1.28Englewood/Sheridan Englewood/SheridanEfficiency 1.37 1.33 1.39 1.301 Bed 1.20 1.19 1.26 1.37 499 below 1.32 1.14 1.39 1.562 Bed, 1 Bath 1.11 1.14 1.22 1.20 500 to 749 1.20 1.18 1.24 1.302 Bed, 2 Bath 1.12 1.22 1.23 1.33 750 to 999 1.17 1.20 1.29 1.383 Bed 1.08 1.16 1.16 1.09 1000 above 1.09 1.19 1.18 1.26All 1.16 1.19 1.25 1.33Glendale GlendaleEfficiency 1.41 1.44 1.51 1.641 Bed 1.32 1.32 1.34 1.41 499 below 1.46 1.48 1.54 1.642 Bed, 1 Bath 1.08 1.07 1.11 1.17 500 to 749 1.30 1.32 1.31 1.402 Bed, 2 Bath 1.32 1.31 1.31 1.26 750 to 999 1.22 1.22 1.21 1.283 Bed 1.40 1.46 1.39 1.32 1000 above 1.26 1.22 1.35 1.27All 1.28 1.28 1.29 1.35Littleton LittletonEfficiency 1.48 1.50 1.65 1.591 Bed 1.24 1.32 1.30 1.45 499 below 1.43 1.35 1.35 1.512 Bed, 1 Bath 1.21 1.28 1.29 1.38 500 to 749 1.24 1.27 1.39 1.472 Bed, 2 Bath 1.06 1.10 0.99 1.17 750 to 999 1.26 1.45 1.30 1.473 Bed 1.10 1.17 1.03 1.31 1000 above 1.03 1.09 0.97 1.13All 1.18 1.25 1.22 1.35Arapahoe County Arapahoe CountyEfficiency 1.48 1.53 1.47 1.651 Bed 1.21 1.25 1.30 1.35 499 below 1.41 1.46 1.52 1.612 Bed, 1 Bath 1.08 1.10 1.15 1.18 500 to 749 1.19 1.23 1.28 1.332 Bed, 2 Bath 1.10 1.13 1.18 1.23 750 to 999 1.15 1.18 1.22 1.293 Bed 1.10 1.12 1.19 1.23 1000 above 1.10 1.14 1.19 1.22All 1.15 1.19 1.24 1.29
Average Rent Per Square Foot by Apartmentby Market Area for Araphaoe County
Average Rent per Square Foot by Apartment Type
(In Dollars)(In Dollars)
Average rents do not reflect "rental losses" due to concessions and discounts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts and concessions.
Rents are based on units being unfurnished with tenants paying gas and electricity.
2013 2014
Unit Size by Market Area for Arapahoe County
2013 2014
IV-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 11.3 0.9 3.3 28.3 Up to 8 16.9 2.7 3.3 31.29 - 50 8.6 3.2 7.2 10.2 9 - 50 10.5 6.4 9.3 12.551 - 99 8.9 5.7 8.1 12.3 51 - 99 11.5 8.6 13.3 16.9100 - 199 4.9 2.8 6.2 9.1 100 - 199 9.0 7.4 10.5 13.3200 to 349 3.2 5.5 12.2 11.4 200 to 349 7.5 9.5 16.3 16.2350 up 5.7 7.1 7.9 9.9 350 up 11.8 11.9 13.0 14.5 Age Age (year built)To 1959 4.7 -2.7 -0.2 -2.0 To 1959 6.8 0.0 2.5 0.01960-69 4.8 -4.0 4.9 5.5 1960-69 11.7 0.7 9.5 8.61970-79 5.5 2.8 7.3 9.0 1970-79 11.3 8.3 12.7 14.01980-89 3.5 6.3 11.6 9.8 1980-89 8.0 9.8 15.7 13.91990-00 3.6 7.0 8.2 10.1 1990-00 9.1 11.6 13.6 15.32000-04 9.1 9.5 12.4 10.8 2000-04 13.9 13.9 15.5 14.52005 up 3.2 1.8 8.4 16.8 2005 up 8.8 7.3 13.9 22.7
Market Area Market AreaArapahoe Co-South 1.7 4.2 8.5 13.2 Arapahoe Co-South 5.1 7.2 11.2 16.3Arapahoe Co-Southeast -1.2 5.3 9.9 9.2 Arapahoe Co-Southeast 4.7 10.5 15.7 18.6Aurora-Central Northeast 5.5 11.7 15.3 8.6 Aurora-Central Northeast 8.5 14.9 19.7 12.3Aurora-Central Northwest 7.1 8.3 8.5 10.9 Aurora-Central Northwest 12.7 12.9 12.6 14.9Aurora-Central Southeast 3.3 6.7 7.0 7.0 Aurora-Central Southeast 6.6 10.3 10.4 10.3Aurora- Central Southwest 6.9 3.8 9.2 11.5 Aurora- Central Southwest 11.0 7.5 13.4 15.5Aurora-South 6.7 9.2 12.5 11.3 Aurora-South 14.0 14.7 18.5 15.8Englewood/Sheridan 4.6 3.9 7.5 10.7 Englewood/Sheridan 9.2 7.8 11.8 14.3Glendale 2.4 -1.4 5.5 8.1 Glendale 9.6 5.3 11.2 13.0Littleton 4.4 3.6 9.3 7.1 Littleton 8.2 7.1 12.6 13.2
Average 4.8 6.0 9.4 10.5 Average 9.9 10.4 14.1 15.1
20132014 2014
(In Percent)
Average Rent Minus Rental Losses Equals Effective Rent
Includes Concessions and Discounts
2013
Rental Losses by Size, Age Economic Vacancy Rates by Size, Ageand Market Area for Arapahoe County
Defined as Physcial Vacancy Plus Concessions and Discounts
and Market Area for Arapahoe County
(In Percent)
as a Percentage of Gross Potential Rent
IV-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsArapahoe Co-South 1060.35 1106.81 1300.28 1463.03 1681.11 1844.36 1336.81Arapahoe Co-Southeast 1131.67 1233.96 1452.48 1548.24 1688.14 2134.00 1398.62Aurora-Central Northeast 572.62 724.92 866.41 1128.59 1312.50 851.77Aurora-Central Northwest 802.00 988.99 1155.80 1299.66 1345.93 1140.45Aurora-Central Southeast 852.88 908.54 1116.42 1473.74 1730.71 990.55Aurora- Central Southwest 636.73 852.23 956.74 1179.44 1701.30 975.72Aurora-South 750.13 949.50 1064.74 1282.51 1673.62 1345.59 1109.39Englewood/Sheridan 575.25 982.67 1116.70 1406.97 1522.58 1117.07Glendale 764.78 913.56 1025.32 1275.87 1679.29 998.86Littleton 880.89 1084.15 1191.89 1407.28 2021.39 2616.00 1241.51Arapahoe County Average 799.91 960.11 1045.22 1308.75 1619.44 1618.69 1112.87
Buildings with up to 6 UnitsArapahoe Co-SouthArapahoe Co-SoutheastAurora-Central NortheastAurora-Central Northwest 450.00 450.00Aurora-Central SoutheastAurora- Central SouthwestAurora-SouthEnglewood/SheridanGlendaleLittleton 658.75 776.88 737.50Arapahoe County Average 610.00 719.09 797.06 933.33 929.17 752.47
Buildings with 7 to 36 UnitsArapahoe Co-South 803.33 929.17 866.25Arapahoe Co-SoutheastAurora-Central NortheastAurora-Central NorthwestAurora-Central SoutheastAurora- Central SouthwestAurora-SouthEnglewood/Sheridan 707.90 808.75 713.50GlendaleLittleton 610.00 729.24 795.39 1020.00 764.99Arapahoe County Average 800.82 962.09 1047.35 1309.19 1622.41 1618.69 1114.89
Buildings with 37 and Above UnitsArapahoe Co-South 1060.35 1106.81 1300.28 1466.11 1706.18 1844.36 1338.78Arapahoe Co-Southeast 1131.67 1233.96 1452.48 1548.24 1688.14 2134.00 1398.62Aurora-Central Northeast 572.62 724.92 866.41 1128.59 1312.50 851.77Aurora-Central Northwest 802.00 989.25 1155.80 1299.66 1345.93 1140.61Aurora-Central Southeast 852.88 908.54 1116.42 1473.74 1730.71 990.55Aurora- Central Southwest 636.73 852.23 956.74 1179.44 1701.30 975.72Aurora-South 750.13 949.50 1064.74 1282.51 1673.62 1345.59 1109.39Englewood/Sheridan 575.25 994.03 1119.15 1406.97 1522.58 1126.94Glendale 764.78 913.56 1025.32 1275.87 1679.29 998.86Littleton 900.71 1109.71 1244.53 1411.76 2021.39 2616.00 1267.84Arapahoe County Average 842.09 955.41 1026.97 1331.13 1814.03 2100.00 1077.32
Buildings with 5 Stories and AboveArapahoe Co-South 1198.00 1395.00 2307.00 3041.00 2100.00 1755.38Arapahoe Co-SoutheastAurora-Central NortheastAurora-Central NorthwestAurora-Central SoutheastAurora- Central Southwest 1351.00 1699.00 2083.00 1541.06Aurora-South 687.50 931.39 1074.00 1182.96 1037.33Englewood/Sheridan 600.00 656.03 765.00 950.00 677.26Glendale 785.70 875.41 1005.66 1142.51 1400.00 935.16LittletonArapahoe County Average 617.00 776.88 715.38
Average Rents for Arapahoe County(in dollars)
Efficency 1 Bed 3 Bed Other All
IV-16
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1026.86 1022.25 1128.04 1323.97 1652.32 1178.24 721.18 877.51 952.79 1276.94 1546.18 1014.46 163.78
Patio or Balcony 852.14 990.08 1071.07 1310.92 1622.41 1141.89 648.08 724.66 868.56 1167.57 929.17 778.07 363.82
Fireplace 821.50 989.92 1079.43 1315.15 1664.35 1144.97 764.43 864.97 932.87 1267.81 1433.04 987.30 157.67
Nine-Foot Ceilings 1089.33 1102.80 1150.73 1434.38 1745.63 1269.95 752.21 827.30 972.85 1129.77 1381.86 948.92 321.03
Swimming Pool 808.85 970.69 1060.09 1310.12 1633.97 1123.53 668.16 733.68 872.97 1196.10 1338.99 845.24 278.30
Spa or Sauna 867.55 1049.28 1194.54 1401.79 1704.93 1213.25 698.04 821.03 913.43 1150.58 1498.42 962.44 250.81
Exercise Room 833.08 1009.77 1132.44 1338.63 1657.43 1169.72 716.51 763.94 897.23 1096.48 1277.21 875.60 294.12
Sport Court 761.05 949.75 1046.61 1275.81 1529.64 1097.75 822.46 965.75 1044.40 1329.63 1673.26 1121.62 -23.87
Microwave 877.08 1056.69 1203.68 1388.87 1749.05 1222.43 652.35 823.43 941.68 1143.44 1400.52 951.84 270.60
Washer/Dryer Hookups 916.57 1025.10 1109.48 1308.92 1671.56 1171.07 788.51 855.22 957.48 1308.22 1501.34 1003.86 167.21
Garbage Disposal 807.02 962.77 1055.03 1310.44 1619.44 1117.64 679.19 851.48 872.00 1190.60 917.66 199.98
Dishwasher 827.42 983.29 1069.36 1307.01 1618.63 1134.13 708.89 753.73 865.21 1402.83 1713.17 849.44 284.68
Air Conditioning 808.42 965.11 1055.95 1311.43 1622.41 1119.90 671.06 814.66 872.33 1148.04 929.17 885.55 234.34
Ceiling Fan 791.71 976.94 1061.16 1326.82 1647.40 1132.60 822.39 914.27 1013.32 1253.36 1538.27 1059.06 73.54
Attached Garage 989.81 1171.72 1325.56 1518.37 1866.67 1372.27 782.07 909.26 1010.24 1225.56 1510.32 1040.15 332.12
Covered Parking 859.05 986.17 1064.43 1304.40 1586.15 1130.33 721.78 930.89 1029.87 1314.43 1647.68 1093.28 37.05
Clubhouse 874.38 1017.70 1134.92 1335.28 1608.56 1171.57 649.18 772.32 893.17 1151.28 1674.80 903.75 267.82
Business Center 831.01 1040.28 1153.05 1365.50 1645.11 1196.75 737.85 822.12 929.61 1159.32 1548.42 954.14 242.61
Pets Allowed 802.71 968.79 1059.05 1317.60 1619.44 1124.86 774.71 779.66 874.92 941.55 832.41 292.46
Resident Pays Sewer/Water 835.78 991.74 1075.85 1332.99 1659.38 1149.02 620.87 796.91 920.80 1083.84 1286.33 894.93 254.10
Unit Security/Alarm System 1000.00 1050.79 1183.39 1328.06 1761.69 1213.40 791.97 938.37 1016.85 1302.82 1563.19 1086.73 126.67
Handicapped Access 860.62 1017.26 1113.26 1357.11 1694.69 1177.14 721.75 854.13 962.51 1200.18 1450.64 991.80 185.35
Heat Included in Rent 512.78 786.90 1015.99 1119.17 929.17 837.28 812.78 972.95 1047.37 1309.46 1622.41 1125.52 -288.24
Feature/Amenity Efficiency
Average Rent for Apartment Building/Community Features and Amenities in Arapahoe County(In Dollars)
1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
With Feature/Amenity Without Feature/Amenity
IV-17
First Second Third Fourth Year-End2011 59795 59795 59961 60415 59795
0 0 454 0 45459795 59795 60415 60415 604156.5% 4.6% 5.5% 6.9% 6.9%
55908 57044 57092 56246 562463887 2751 3323 4169 4169
-96 1136 48 -846 2422012 60415 60415 60415 60415 60415
0 0 0 36 3660415 60415 60415 60451 604516.3% 5.5% 4.8% 5.0% 5.0%
56628 57062 57514 57405 574053787 3353 2901 3046 3046382 434 452 -109 777
2013 60451 60451 60537 60537 604510 86 0 55 141
60451 60537 60537 60592 605924.1% 4.5% 4.8% 5.2% 5.2%
57947 57797 57655 57466 574662504 2740 2882 3126 3126542 -151 -141 -189 61
2014 60592 60766 60832174 66 548
60766 60832 613804.5% 4.6% 4.6%
58060 58009 585712706 2823 2809594 -52 562
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 57741 0 577412nd 57741 0 577413rd 57741 0 577414th 57741 558 58299
2008 1st 58299 80 583792nd 58379 20 583993rd 58379 876 592754th 59275 0 59275
2009 1st 59275 0 592752nd 59275 84 593593rd 59359 436 597954th 59795 0 59795
2010 1st 59275 166 599612nd 59961 0 599613rd 59961 0 599614th 59961 0 59961
2011 1st 59961 0 599612nd 59961 0 599613rd 59961 454 604154th 60415 0 60415
2012 1st 60415 0 604152nd 60415 0 604153rd 60415 0 604154th 60415 36 60451
2013 1st 60451 0 604512nd 60451 86 605373rd 60537 0 605374th 60537 55 60592
2014 1st 60592 174 607662nd 60766 66 608323rd 60832 548 613804th
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Estimate of New Apartments by Quarter for Arapahoe County
Apartment Unit Absorption by Quarter and Year for Arapahoe County
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
IV-18
Building Type 4th 1st 2nd 3rd
SizeUp to 8 7.7 2.0 0.0 3.69 - 50 2.6 3.1 4.1 4.951-99 2.2 0.8 5.2 5.8100 - 199 3.9 3.2 5.2 5.4200 to 349 3.9 3.4 5.1 5.4350 up 4.0 3.7 5.0 5.9
AgeTo 1959 3.0 3.0 4.1 1.51960-69 3.6 2.7 4.2 4.01970-79 3.5 3.2 4.5 6.31980-89 3.6 3.6 5.0 5.21990-99 4.5 3.7 5.4 6.02000-04 4.1 3.8 5.2 5.72005 up 4.6 3.4 6.1 5.3
Market AreaArapahoe Co-South 3.2 2.8 5.4 6.1Arapahoe Co-Southeast 4.3 3.8 5.1 4.8Aurora-Central Northeast 5.7 3.5 5.2 13.0Aurora-Central Northwest 5.3 3.1 4.9 6.1Aurora-Central Southeast 4.2 4.2 5.1 5.3Aurora- Central Southwest 3.6 3.3 5.2 4.8Aurora-South 3.7 3.6 4.8 6.0Englewood/Sheridan 3.1 3.8 4.7 4.1Glendale 3.6 4.0 5.6 6.5Littleton 3.1 2.5 5.0 6.4
County Average 3.9 3.5 5.0 5.6
(In Percent)
2013 2014
for Arapahoe CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
Resident turnover is for respective months of February, May, August
IV-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$451 to $475$476 to $500 22 0.0% 22 0.0%$501 to $525 1 0.0% 1 0.0% 2 0.0%$526 to $550 1 0.0% 13 153 8.5% 13 154 8.4%$551 to $575 1 0.0% 21 201 10.4% 2 0.0% 21 204 10.3%$576 to $600 10 0.0% 18 0.0% 28 0.0%$601 to $625 4 0.0% 9 249 3.6% 1 0.0% 9 254 3.5%$626 to $650 3 46 6.5% 59 0.0% 6 0.0% 3 111 2.7%$651 to $675 9 165 5.5% 36 0.0% 9 201 4.5%$676 to $700 42 0.0% 14 410 3.4% 6 0.0% 14 458 3.1%$701 to $725 2 35 5.7% 58 1419 4.1% 1 4 25.0% 61 1458 4.2%$726 to $750 58 1347 4.3% 10 249 4.0% 68 1596 4.3%$751 to $775 12 480 2.5% 2 184 1.1% 4 0.0% 14 668 2.1%$776 to $800 18 0.0% 6 687 0.9% 59 0.0% 1 0.0% 6 765 0.8%$801 to $825 1 93 1.1% 24 687 3.5% 1 70 1.4% 26 850 3.1%$826 to $850 51 887 5.7% 12 446 2.7% 1 0.0% 1 0.0% 63 1335 4.7%$851 to $875 10 182 5.5% 11 248 4.4% 2 86 2.3% 23 516 4.5%$876 to $900 52 823 6.3% 12 517 2.3% 5 109 4.6% 69 1449 4.8%$901 to $925 1 17 5.9% 41 1290 3.2% 2 70 2.9% 8 375 2.1% 1 0.0% 52 1753 3.0%$926 to $950 24 0.0% 69 665 10.4% 7 137 5.1% 20 521 3.8% 4 0.0% 96 1351 7.1%$951 to $975 2 301 0.7% 4 113 3.5% 7 430 1.6% 13 844 1.5%$976 to $1000 3 60 5.0% 20 706 2.8% 2 135 1.5% 6 204 2.9% 31 1105 2.8%$1001 to 1025 32 892 3.6% 12 220 5.5% 63 0.0% 44 1175 3.7%$1026 to 1050 25 782 3.2% 11 126 8.7% 34 594 5.7% 5 0.0% 70 1507 4.6%$1051 to 1075 22 456 4.8% 15 279 5.4% 9 204 4.4% 2 0.0% 46 941 4.9%$1076 to 1100 22 0.0% 55 1055 5.2% 2 87 2.3% 6 216 2.8% 2 21 9.5% 1 72 1.4% 66 1473 4.5%$1101 to 1125 15 32 46.9% 54 400 13.5% 4 67 6.0% 4 337 1.2% 77 836 9.2%$1126 to 1150 16 0.0% 30 918 3.3% 2 52 3.8% 16 491 3.3% 48 1477 3.2%$1151 to 1175 39 808 4.8% 15 209 7.2% 5 227 2.2% 3 94 3.2% 62 1338 4.6%$1176 to 1200 20 0.0% 32 0.0% 10 188 5.3% 43 503 8.5% 53 743 7.1%$1201 to 1225 17 692 2.5% 1 164 0.6% 2 80 2.5% 1 54 1.9% 21 990 2.1%$1226 to 1250 4 58 6.9% 4 190 2.1% 78 1491 5.2% 86 1739 4.9%$1251 to 1275 12 289 4.2% 5 172 2.9% 7 107 6.5% 8 0.0% 24 576 4.2%$1276 to 1300 17 418 4.1% 7 129 5.4% 60 1079 5.6% 84 1626 5.2%$1301 to 1325 1 210 0.5% 24 220 10.9% 7 426 1.6% 58 0.0% 32 914 3.5%$1326 to 1350 16 0.0% 4 100 4.0% 10 0.0% 4 126 3.2%$1351 to 1375 38 398 9.5% 8 92 8.7% 3 122 2.5% 2 24 8.3% 51 636 8.0%$1376 to 1400 6 92 6.5% 8 158 5.1% 29 459 6.3% 4 84 4.8% 47 793 5.9%$1401 to 1425 40 80 50.0% 1 102 1.0% 3 64 4.7% 44 246 17.9%$1426 to 1450 30 0.0% 23 421 5.5% 23 451 5.1%$1451 to 1475 3 96 3.1% 4 58 6.9% 31 484 6.4% 4 100 4.0% 42 738 5.7%$1476 to 1400 1 48 2.1% 20 400 5.0% 2 34 5.9% 23 482 4.8%$1501 to 1525 43 1269 3.4% 1 28 3.6% 44 1297 3.4%$1526 to 1550 21 0.0% 5 297 1.7% 5 318 1.6%$1551 to 1575 2 64 3.1% 48 0.0% 2 112 1.8%$1576 to 1500 4 51 7.8% 156 0.0% 33 0.0% 4 240 1.7%$1601 to 1625 1 88 1.1% 8 190 4.2% 1 64 1.6% 10 342 2.9%$1626 to 1650 3 0.0% 2 37 5.4% 2 40 5.0%$1651 to 1675 4 113 3.5% 11 0.0% 54 0.0% 4 178 2.2%$1676 to 1600 36 360 10.0% 3 53 5.7% 39 413 9.4%$1701 to 1725 2 33 6.1% 2 33 6.1%$1726 to 1750 16 108 14.8% 4 24 16.7% 20 132 15.2%$1751 to 1775 3 30 10.0% 1 42 2.4% 4 72 5.6%$1776 to 1800 6 0.0% 5 146 3.4% 5 152 3.3%$1801 to 1825 5 87 5.7% 4 0.0% 5 91 5.5%$1826 to 1850 10 170 5.9% 1 35 2.9% 11 205 5.4%$1851 to 1875 21 227 9.3% 3 82 3.7% 24 309 7.8%$1876 to 1900 17 32 53.1% 17 32 53.1%$1901 to 1926 22 0.0% 20 0.0% 42 0.0%$1926 to 1950 1 30 3.3% 1 30 3.3%$1951 to 1975 3 48 6.3% 3 48 6.3%$1976 to 2000$2000 and up 2 46 4.3% 7 135 5.2% 1 44 2.3% 10 225 4.4%TOTALS 34 629 5.4% 856 18395 4.7% 201 4795 4.2% 602 12795 4.7% 54 1401 3.9% 3 228 1.3% 1750 38243 4.6%
Vacancy Rates During the Current QuarterArapahoe County
Two Bedroom
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
One Bathroom
Two Bedroom
One BedroomEfficiencies TotalOtherThree BedroomTwo Bathroom
IV-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 $700 128 0.0% 128 0.0%$701 to $725$726 to $750$751 to $775 4 0.0% 4 0.0%$776 to $800$801 to $825 1 0.0% 1 0.0%$826 to $850 1 0.0% 1 0.0% 2 0.0%$851 to $875 1 0.0% 1 0.0%$876 to $900$901 to $925 1 0.0% 1 0.0%$926 to $950 1 8 12.5% 4 0.0% 1 12 8.3%$951 to $975 $976 to $1000 36 0.0% 112 0.0% 148 0.0%$1001 to 1025$1026 to 1050 30 0.0% 30 0.0%$1051 to 1075$1076 to 1100 114 0.0% 114 0.0%$1101 to 1125$1126 to 1150 22 500 4.4% 22 500 4.4%$1151 to 1175 4 181 2.2% 4 181 2.2%$1176 to 1200 20 0.0% 6 119 5.0% 6 139 4.3%$1201 to 1225 40 0.0% 40 0.0%$1226 to 1250 1 54 1.9% 1 54 1.9%$1251 to 1275$1276 to 1300 9 126 7.1% 7 176 4.0% 16 302 5.3%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 6 92 6.5% 6 92 6.5%$1401 to 1425 1 102 1.0% 3 64 4.7% 4 166 2.4%$1426 to 1450$1451 to 1475 11 216 5.1% 11 216 5.1%$1476 to 1400 1 48 2.1% 3 119 2.5% 4 167 2.4%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500 156 0.0% 156 0.0%$1601 to 1625$1626 to 1650$1651 to 1675 54 0.0% 54 0.0%$1676 to 1600$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800 3 104 2.9% 3 104 2.9%$1801 to 1825$1826 to 1850 10 170 5.9% 10 170 5.9%$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 46 4.3% 12 0.0% 40 0.0% 2 98 2.0%TOTALS 57 0.0% 37 1102 3.4% 3 150 2.0% 44 1291 3.4% 6 186 3.2% 94 0.0% 90 2880 3.1%
Vacancy Rates During the Current QuarterArapahoe County South
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree Bedroom
Two Bedroom
Two BathroomOne Bathroom
Two Bedroom
One BedroomEfficiencies
IV-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 13 66 19.7% 13 66 19.7%$1001 to 1025 4 0.0% 4 0.0%$1026 to 1050 14 278 5.0% 14 278 5.0%$1051 to 1075 8 0.0% 8 0.0%$1076 to 1100 4 0.0% 4 0.0%$1101 to 1125 15 32 46.9% 15 32 46.9%$1126 to 1150 16 0.0% 16 0.0%$1151 to 1175 8 310 2.6% 8 310 2.6%$1176 to 1200 17 84 20.2% 17 84 20.2%$1201 to 1225$1226 to 1250 4 58 6.9% 4 168 2.4% 8 226 3.5%$1251 to 1275 6 125 4.8% 12 0.0% 6 137 4.4%$1276 to 1300 6 216 2.8% 1 0.0% 5 69 7.2% 11 286 3.8%$1301 to 1325 1 24 4.2% 1 24 4.2%$1326 to 1350 16 0.0% 16 0.0%$1351 to 1375 33 64 51.6% 2 24 8.3% 35 88 39.8%$1376 to 1400 1 86 1.2% 1 86 1.2%$1401 to 1425 40 80 50.0% 40 80 50.0%$1426 to 1450 4 80 5.0% 4 80 5.0%$1451 to 1475 3 96 3.1% 4 58 6.9% 9 132 6.8% 16 286 5.6%$1476 to 1400$1501 to 1525 1 0.0% 1 28 3.6% 1 29 3.4%$1526 to 1550$1551 to 1575$1576 to 1500 4 51 7.8% 4 51 7.8%$1601 to 1625 1 88 1.1% 8 190 4.2% 9 278 3.2%$1626 to 1650 3 0.0% 3 0.0%$1651 to 1675 1 7 14.3% 1 7 14.3%$1676 to 1600 33 204 16.2% 33 204 16.2%$1701 to 1725 24 0.0% 24 0.0%$1726 to 1750 9 16 56.3% 9 16 56.3%$1751 to 1775$1776 to 1800 6 0.0% 6 0.0%$1801 to 1825 11 0.0% 11 0.0%$1826 to 1850$1851 to 1875 21 227 9.3% 2 20 10.0% 23 247 9.3%$1876 to 1900 17 32 53.1% 17 32 53.1%$1901 to 1926 22 0.0% 22 0.0%$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 8 0.0% 1 1 100.0% 1 9 11.1%TOTALS 15 48 31.3% 128 1397 9.2% 9 162 5.6% 129 1316 9.8% 5 126 4.0% 1 1 100.0% 287 3050 9.4%
Vacancy Rates During the Current QuarterArapahoe County Southeast
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-22
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 22 0.0% 22 0.0%$501 to $525$526 to $550 13 150 8.7% 13 150 8.7%$551 to $575$576 to $600$601 to $625$626 to $650$651 to $675 19 0.0% 19 0.0%$676 to $700$701 to $725 19 264 7.2% 19 264 7.2%$726 to $750 3 201 1.5% 3 201 1.5%$751 to $775$776 to $800 122 0.0% 1 0.0% 1 0.0% 124 0.0%$801 to $825$826 to $850 9 247 3.6% 9 247 3.6%$851 to $875$876 to $900 3 290 1.0% 3 290 1.0%$901 to $925$926 to $950$951 to $975 $976 to $1000$1001 to 1025 50 0.0% 50 0.0%$1026 to 1050$1051 to 1075 4 58 6.9% 6 136 4.4% 10 194 5.2%$1076 to 1100$1101 to 1125$1126 to 1150$1151 to 1175$1176 to 1200$1201 to 1225$1226 to 1250$1251 to 1275 7 107 6.5% 7 107 6.5%$1276 to 1300$1301 to 1325 50 0.0% 50 0.0%$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 upTOTALS 41 0.0% 39 795 4.9% 12 538 2.2% 13 294 4.4% 50 0.0% 64 1718 3.7%
Vacancy Rates During the Current QuarterAurora Central Northeast
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-23
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$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 18 0.0% 18 0.0%$701 to $725$726 to $750 28 360 7.8% 28 360 7.8%$751 to $775 2 120 1.7% 2 120 1.7%$776 to $800 1 158 0.6% 1 158 0.6%$801 to $825 6 128 4.7% 6 128 4.7%$826 to $850$851 to $875$876 to $900$901 to $925 1 17 5.9% 4 194 2.1% 5 211 2.4%$926 to $950 1 18 5.6% 16 392 4.1% 17 410 4.1%$951 to $975 $976 to $1000$1001 to 1025 1 48 2.1% 1 48 2.1%$1026 to 1050 4 104 3.8% 4 104 3.8%$1051 to 1075 10 217 4.6% 10 217 4.6%$1076 to 1100$1101 to 1125 2 44 4.5% 2 44 4.5%$1126 to 1150 2 36 5.6% 1 48 2.1% 3 56 5.4% 6 140 4.3%$1151 to 1175 3 34 8.8% 3 94 3.2% 6 128 4.7%$1176 to 1200 12 184 6.5% 12 184 6.5%$1201 to 1225 17 692 2.5% 17 692 2.5%$1226 to 1250 9 222 4.1% 9 222 4.1%$1251 to 1275$1276 to 1300 4 49 8.2% 4 49 8.2%$1301 to 1325 6 85 7.1% 6 85 7.1%$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475 5 94 5.3% 5 94 5.3%$1476 to 1400 2 34 5.9% 2 34 5.9%$1501 to 1525 26 746 3.5% 26 746 3.5%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 1 20 5.0% 1 20 5.0%$1626 to 1650$1651 to 1675$1676 to 1600 20 0.0% 20 0.0%$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 upTOTALS 1 35 2.9% 74 2010 3.7% 14 277 5.1% 75 1743 4.3% 6 168 3.6% 170 4233 4.0%
Vacancy Rates During the Current QuarterAurora Central Northwest
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
IV-24
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 14 197 7.1% 14 197 7.1%$701 to $725 6 168 3.6% 6 168 3.6%$726 to $750 2 215 0.9% 2 215 0.9%$751 to $775 1 17 5.9% 2 166 1.2% 3 183 1.6%$776 to $800 4 174 2.3% 4 174 2.3%$801 to $825 7 259 2.7% 1 56 1.8% 8 315 2.5%$826 to $850 1 6 16.7% 1 92 1.1% 2 98 2.0%$851 to $875 4 85 4.7% 8 0.0% 4 93 4.3%$876 to $900 8 177 4.5% 5 109 4.6% 13 286 4.5%$901 to $925 8 0.0% 1 98 1.0% 1 106 0.9%$926 to $950 4 122 3.3% 4 122 3.3%$951 to $975 5 332 1.5% 5 332 1.5%$976 to $1000 2 288 0.7% 1 32 3.1% 2 54 3.7% 5 374 1.3%$1001 to 1025 5 192 2.6% 10 96 10.4% 15 288 5.2%$1026 to 1050 18 290 6.2% 18 290 6.2%$1051 to 1075 5 96 5.2% 5 96 5.2%$1076 to 1100 2 20 10.0% 2 20 10.0%$1101 to 1125 15 0.0% 15 0.0%$1126 to 1150$1151 to 1175 2 20 10.0% 2 20 10.0%$1176 to 1200$1201 to 1225 1 16 6.3% 1 16 6.3%$1226 to 1250$1251 to 1275 8 0.0% 8 0.0%$1276 to 1300 9 212 4.2% 9 212 4.2%$1301 to 1325 2 120 1.7% 2 120 1.7%$1326 to 1350$1351 to 1375$1376 to 1400 2 24 8.3% 2 93 2.2% 4 117 3.4%$1401 to 1425$1426 to 1450$1451 to 1475 1 88 1.1% 1 88 1.1%$1476 to 1400$1501 to 1525$1526 to 1550$1551 to 1575 48 0.0% 48 0.0%$1576 to 1500 9 0.0% 9 0.0%$1601 to 1625 20 0.0% 20 0.0%$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725$1726 to 1750 7 92 7.6% 7 92 7.6%$1751 to 1775$1776 to 1800$1801 to 1825$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926 20 0.0% 20 0.0%$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 59 1874 3.1% 20 533 3.8% 55 1522 3.6% 3 185 1.6% 28 0.0% 137 4142 3.3%
Vacancy Rates During the Current QuarterAurora Central Southeast
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-25
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 21 199 10.6% 21 199 10.6%$576 to $600 4 0.0% 4 0.0%$601 to $625$626 to $650 3 45 6.7% 3 45 6.7%$651 to $675$676 to $700$701 to $725 27 804 3.4% 27 804 3.4%$726 to $750 2 0.0% 2 0.0%$751 to $775 2 257 0.8% 2 257 0.8%$776 to $800 8 0.0% 13 0.0% 21 0.0%$801 to $825 4 76 5.3% 4 76 5.3%$826 to $850 167 0.0% 2 96 2.1% 2 263 0.8%$851 to $875 6 97 6.2% 9 182 4.9% 2 85 2.4% 17 364 4.7%$876 to $900 4 190 2.1% 2 67 3.0% 6 257 2.3%$901 to $925 5 223 2.2% 7 277 2.5% 12 500 2.4%$926 to $950 9 143 6.3% 3 0.0% 6 0.0% 9 152 5.9%$951 to $975 1 0.0% 2 41 4.9% 2 0.0% 2 44 4.5%$976 to $1000 1 102 1.0% 2 97 2.1% 3 199 1.5%$1001 to 1025 42 0.0% 4 0.0% 46 0.0%$1026 to 1050 3 138 2.2% 4 0.0% 4 0.0% 3 146 2.1%$1051 to 1075 53 0.0% 3 68 4.4% 3 121 2.5%$1076 to 1100 40 232 17.2% 14 0.0% 12 0.0% 40 258 15.5%$1101 to 1125 2 8 25.0% 4 337 1.2% 6 345 1.7%$1126 to 1150 1 4 25.0% 7 218 3.2% 8 222 3.6%$1151 to 1175 1 0.0% 6 0.0% 7 0.0%$1176 to 1200 4 0.0% 13 0.0% 17 0.0%$1201 to 1225 4 0.0% 4 0.0% 8 0.0%$1226 to 1250 2 54 3.7% 4 8 50.0% 6 62 9.7%$1251 to 1275$1276 to 1300 1 1 100.0% 1 1 100.0%$1301 to 1325 1 2 50.0% 1 2 50.0%$1326 to 1350$1351 to 1375 1 161 0.6% 3 82 3.7% 4 243 1.6%$1376 to 1400$1401 to 1425$1426 to 1450 17 232 7.3% 17 232 7.3%$1451 to 1475 3 12 25.0% 3 12 25.0%$1476 to 1400$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650 1 24 4.2% 1 24 4.2%$1651 to 1675$1676 to 1600 3 156 1.9% 3 156 1.9%$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 11 0.0% 11 0.0%TOTALS 3 49 6.1% 122 2698 4.5% 21 692 3.0% 54 1614 3.3% 4 47 8.5% 204 5100 4.0%
Vacancy Rates During the Current QuarterAurora Central Southwest
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-26
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 7 145 4.8% 7 145 4.8%$626 to $650$651 to $675 7 108 6.5% 7 108 6.5%$676 to $700 8 0.0% 8 0.0%$701 to $725$726 to $750 24 515 4.7% 10 238 4.2% 34 753 4.5%$751 to $775$776 to $800$801 to $825 1 72 1.4% 2 24 8.3% 3 96 3.1%$826 to $850 2 274 0.7% 2 274 0.7%$851 to $875$876 to $900 30 289 10.4% 7 120 5.8% 37 409 9.0%$901 to $925 26 602 4.3% 26 602 4.3%$926 to $950 58 416 13.9% 58 416 13.9%$951 to $975 2 300 0.7% 2 30 6.7% 2 96 2.1% 6 426 1.4%$976 to $1000 3 24 12.5% 1 72 1.4% 4 96 4.2%$1001 to 1025 8 372 2.2% 8 372 2.2%$1026 to 1050 92 0.0% 12 264 4.5% 12 356 3.4%$1051 to 1075 3 31 9.7% 13 172 7.6% 16 203 7.9%$1076 to 1100 8 461 1.7% 1 64 1.6% 4 126 3.2% 1 72 1.4% 14 723 1.9%$1101 to 1125 17 222 7.7% 17 222 7.7%$1126 to 1150 210 0.0% 4 141 2.8% 4 351 1.1%$1151 to 1175 21 216 9.7% 1 40 2.5% 22 256 8.6%$1176 to 1200 9 146 6.2% 6 71 8.5% 15 217 6.9%$1201 to 1225 104 0.0% 1 54 1.9% 1 158 0.6%$1226 to 1250 1 70 1.4% 40 841 4.8% 41 911 4.5%$1251 to 1275 26 0.0% 26 0.0%$1276 to 1300 7 128 5.5% 19 278 6.8% 26 406 6.4%$1301 to 1325 39 0.0% 4 304 1.3% 4 343 1.2%$1326 to 1350 4 100 4.0% 4 100 4.0%$1351 to 1375$1376 to 1400 16 0.0% 16 232 6.9% 4 64 6.3% 20 312 6.4%$1401 to 1425$1426 to 1450 2 109 1.8% 2 109 1.8%$1451 to 1475 6 42 14.3% 6 42 14.3%$1476 to 1400$1501 to 1525 11 192 5.7% 11 192 5.7%$1526 to 1550 16 0.0% 224 0.0% 240 0.0%$1551 to 1575 2 64 3.1% 2 64 3.1%$1576 to 1500 24 0.0% 24 0.0%$1601 to 1625 24 0.0% 24 0.0%$1626 to 1650 1 13 7.7% 1 13 7.7%$1651 to 1675 11 0.0% 11 0.0%$1676 to 1600 3 33 9.1% 3 33 9.1%$1701 to 1725 2 9 22.2% 2 9 22.2%$1726 to 1750$1751 to 1775 15 0.0% 15 0.0%$1776 to 1800 16 0.0% 16 0.0%$1801 to 1825 4 0.0% 4 0.0%$1826 to 1850 1 35 2.9% 1 35 2.9%$1851 to 1875 30 0.0% 30 0.0%$1876 to 1900$1901 to 1926$1926 to 1950 1 30 3.3% 1 30 3.3%$1951 to 1975 3 48 6.3% 3 48 6.3%$1976 to 2000$2000 and up 3 48 6.3% 3 48 6.3%TOTALS 11 212 5.2% 209 4241 4.9% 50 1169 4.3% 133 3124 4.3% 18 428 4.2% 2 102 2.0% 423 9276 4.6%
Vacancy Rates During the Current QuarterAurora South
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
IV-27
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$526 to $550 1 0.0% 1 0.0% 2 0.0%$551 to $575$576 to $600 6 0.0% 17 0.0% 23 0.0%$601 to $625 2 103 1.9% 2 103 1.9%$626 to $650 57 0.0% 57 0.0%$651 to $675 33 0.0% 33 0.0%$676 to $700 81 0.0% 1 0.0% 82 0.0%$701 to $725 4 142 2.8% 2 0.0% 4 144 2.8%$726 to $750 3 0.0% 11 0.0% 14 0.0%$751 to $775 18 0.0% 18 0.0%$776 to $800 60 0.0% 44 0.0% 104 0.0%$801 to $825 31 0.0% 13 0.0% 44 0.0%$826 to $850 10 0.0% 10 0.0%$851 to $875 13 0.0% 13 0.0%$876 to $900 4 125 3.2% 17 0.0% 4 142 2.8%$901 to $925 1 22 4.5% 1 22 4.5%$926 to $950 1 0.0% 1 0.0% 2 0.0%$951 to $975 $976 to $1000 1 0.0% 1 0.0%$1001 to 1025 19 324 5.9% 19 324 5.9%$1026 to 1050 1 0.0% 5 0.0% 6 0.0%$1051 to 1075 1 52 1.9% 2 0.0% 1 54 1.9%$1076 to 1100 7 244 2.9% 2 78 2.6% 1 0.0% 9 323 2.8%$1101 to 1125$1126 to 1150$1151 to 1175 10 282 3.5% 3 51 5.9% 13 333 3.9%$1176 to 1200 1 38 2.6% 1 38 2.6%$1201 to 1225$1226 to 1250 16 144 11.1% 16 144 11.1%$1251 to 1275 5 134 3.7% 5 134 3.7%$1276 to 1300 5 78 6.4% 5 78 6.4%$1301 to 1325 1 210 0.5% 8 0.0% 1 218 0.5%$1326 to 1350 10 0.0% 10 0.0%$1351 to 1375$1376 to 1400 6 78 7.7% 6 78 7.7%$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400 10 130 7.7% 10 130 7.7%$1501 to 1525 6 200 3.0% 6 200 3.0%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675 3 106 2.8% 3 106 2.8%$1676 to 1600$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800 2 26 7.7% 2 26 7.7%$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 upTOTALS 8 0.0% 47 1713 2.7% 17 507 3.4% 42 737 5.7% 2 52 3.8% 108 3017 3.6%
Vacancy Rates During the Current QuarterEnglewood/Sheridan
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-28
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 2 38 5.3% 2 38 5.3%$676 to $700$701 to $725 2 35 5.7% 2 35 5.7%$726 to $750 1 49 2.0% 1 49 2.0%$751 to $775 7 78 9.0% 7 78 9.0%$776 to $800 18 0.0% 1 119 0.8% 1 137 0.7%$801 to $825 20 0.0% 5 55 9.1% 5 75 6.7%$826 to $850 48 440 10.9% 48 440 10.9%$851 to $875 2 45 4.4% 2 45 4.4%$876 to $900 6 42 14.3% 23 0.0% 6 65 9.2%$901 to $925 6 271 2.2% 1 36 2.8% 7 307 2.3%$926 to $950 24 0.0% 2 106 1.9% 4 60 6.7% 6 190 3.2%$951 to $975 42 0.0% 42 0.0%$976 to $1000 2 53 3.8% 2 53 3.8%$1001 to 1025 1 34 2.9% 1 34 2.9%$1026 to 1050 3 96 3.1% 11 121 9.1% 14 217 6.5%$1051 to 1075 1 2 50.0% 1 2 50.0%$1076 to 1100 1 9 11.1% 1 9 11.1%$1101 to 1125$1126 to 1150 2 76 2.6% 2 76 2.6%$1151 to 1175 4 33 12.1% 4 33 12.1%$1176 to 1200 2 32 6.3% 2 32 6.3%$1201 to 1225 2 76 2.6% 2 76 2.6%$1226 to 1250 12 0.0% 12 0.0%$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375 1 122 0.8% 1 122 0.8%$1376 to 1400 40 0.0% 20 0.0% 60 0.0%$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400$1501 to 1525 130 0.0% 130 0.0%$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 1 32 3.1% 1 32 3.1%$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 4 135 3.0% 80 1378 5.8% 25 457 5.5% 8 367 2.2% 1 52 1.9% 118 2389 4.9%
Vacancy Rates During the Current QuarterGlendale
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
IV-29
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$526 to $550 2 0.0% 2 0.0%$551 to $575 1 0.0% 2 0.0% 2 0.0% 5 0.0%$576 to $600 1 0.0% 1 0.0%$601 to $625 4 0.0% 1 0.0% 1 0.0% 6 0.0%$626 to $650 1 0.0% 2 0.0% 6 0.0% 9 0.0%$651 to $675 3 0.0% 3 0.0%$676 to $700 16 0.0% 4 0.0% 5 0.0% 25 0.0%$701 to $725 2 41 4.9% 1 2 50.0% 3 43 7.0%$726 to $750 2 0.0% 2 0.0%$751 to $775 8 0.0% 8 0.0%$776 to $800 46 0.0% 1 0.0% 47 0.0%$801 to $825 114 0.0% 1 0.0% 115 0.0%$826 to $850 1 0.0% 1 0.0%$851 to $875$876 to $900$901 to $925 4 0.0% 4 0.0%$926 to $950 1 47 2.1% 1 47 2.1%$951 to $975 $976 to $1000 4 168 2.4% 4 168 2.4%$1001 to 1025 9 0.0% 9 0.0%$1026 to 1050 1 44 2.3% 4 36 11.1% 5 80 6.3%$1051 to 1075 46 0.0% 46 0.0%$1076 to 1100 22 0.0% 22 0.0%$1101 to 1125 37 178 20.8% 37 178 20.8%$1126 to 1150 6 172 3.5% 6 172 3.5%$1151 to 1175 3 70 4.3% 3 70 4.3%$1176 to 1200 32 0.0% 32 0.0%$1201 to 1225$1226 to 1250 5 108 4.6% 5 108 4.6%$1251 to 1275 6 164 3.7% 6 164 3.7%$1276 to 1300 2 76 2.6% 10 216 4.6% 12 292 4.1%$1301 to 1325 17 72 23.6% 17 72 23.6%$1326 to 1350$1351 to 1375 3 51 5.9% 8 92 8.7% 40 0.0% 11 183 6.0%$1376 to 1400 10 48 20.8% 10 48 20.8%$1401 to 1425$1426 to 1450 30 0.0% 30 0.0%$1451 to 1475$1476 to 1400 7 151 4.6% 7 151 4.6%$1501 to 1525$1526 to 1550 5 0.0% 5 73 6.8% 5 78 6.4%$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725$1726 to 1750 4 24 16.7% 4 24 16.7%$1751 to 1775 3 30 10.0% 1 27 3.7% 4 57 7.0%$1776 to 1800$1801 to 1825 5 76 6.6% 5 76 6.6%$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 4 56 7.1% 3 0.0% 4 59 6.8%TOTALS 44 0.0% 61 1187 5.1% 30 310 9.7% 49 787 6.2% 9 107 8.4% 3 0.0% 149 2438 6.1%
Vacancy Rates During the Current QuarterLittleton
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
DEFINITION OF ARAPAHOE COUNTY MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries:
Arapahoe County South
North: City of Englewood and City and County of Denver; East: I-25, South: Douglas County: West: City of Englewood and City of Littleton
Arapahoe County Southeast
North: Arapahoe County Line; East: Havana/Parker Road; South: Douglas County; West: I-25
Aurora-Central-NE North: Colfax; East: Arapahoe County; South: Alameda; West: I-225 Aurora-Central-NW North: Colfax; East: I-225; South: Alameda; West: City and County of
Denver line Aurora-Central-SE North: Alameda; East: Arapahoe County; South: Iliff; West: I-225 Aurora-Central-SW North: Alameda; East: I-225; South: Iliff; West: City and County of
Denver line Aurora - South North: Iliff; East and South: Arapahoe County; West: Havana/Parker
Road Englewood, Sheridan All of the City of Englewood and City of Sheridan Glendale All of the City of Glendale Littleton All of City of Littleton Census Tracts: Arapahoe County-South
56.09, 56.10, 56.11, 56.12, 56.13, 56.14, 56.15, 56.16, 67.02, 67.04, 67.05, 67.06, 67.08, 67.09
Aurora-Central-NE 70.07, 70.08, 70.40, 70.43 Aurora-Central-NW 72.00, 73.00, 74.00, 75.00, 76.00, 77.02, 77.03, 77.04 Aurora-Central-SE 70.32, 70.38, 70.39, 70.41, 70.42, 70.44, 70.45, 70.46, 70.44, 70.45 Aurora-Central-SW 68.13, 70.03, 70.12, 70.15, 70.16, 70.17, 70.18, 70.19, 70.20, 70.21,
70.41, 70.46 Aurora - South 68.06, 68.07, 68.08, 68.54, 70.27, 70.28, 70.33, 70.34, 70.35, 70.47,
70.48, 70.49, 70.50, 70.51, 70.52, 70.53 70.55, 70.56, 70.57, 70.58, 70.59
Englewood, Sheridan Englewood - 54.03, 55.51 (pt), 55.53 (pt), 56.12, (pt) 57, 58, 58.89,
59.50 (pt), 59.89 (pt), 60 (pt), 61 (pt), 62 (pt), 63 (pt), 64 (pt), 66.01 (pt) Sheridan - 55.51 (pt), 55.52, 55.53 (pt), 57 (pt), 60 (pt), 62 (pt)
Littleton 55.53 (pt), 56.08 (pt), 56.09 (pt), 56.10 (pt), 56.11 (pt), 56.12 (pt), 56.18
(pt), 56.19 (pt), 56.20 (pt), 56.89 (pt), 64 (pt), 65.01 (pt), 65.01 (pt), 65.02 (pt), 66.01 (pt), 66.04, 66.98
GraphsVacancy Rate by Quarter V-1Average Rent by Quarter V-1Vacancy Rate by Market Area by Quarter V-2Average Rent by Market Area by Apartment Type V-2Vacancy Rate by Age of Building V-3Vacancy Rate by Size of Building V-3Rent per Square Foot by Apartment Type V-4Rent per Square Foot by Apartment Unit Size V-4Estimate of Total Apartments by Year V-5New Apartment Units Added by Year V-5Vacancy Rates by Market Area by Apartment Type V-6Vacancy Rate by Apartment Type by Quarter V-6Median Rent by Apartment Type by Quarter V-7Average Rent by Size of Building by Quarter V-7
TablesVacancy Rates by Market Area V-8Vacancy Rates by Size of Building by Market Area V-9Vacancy Rates by Size of Apartment Unit by Market Area V-9Vacancy Rates by Age of Building by Market Area V-10Vacancy Rates by Apartment Type by Market Area V-10
Average Rents by Apartment Type by Market Area V-11Average Rents by Age of Building by Market Area V-11Average Rents by Size of Building by Market Area V-12Median Rents by Apartment Type by Market Area V-12
Average Rent per Square Foot by Apartment Type by Market Area V-13Average Rent per Square Foot by Apartment Unit Size by Market Area V-13
Rental Losses by Size, Age and Market Area V-14Economic Vacancy Rates by Size, Age and Market Area V-14
Average Rents for Boulder/Broomfield County V-15Average Rent for Apartment Building/Community Features and Amenities V-16
Apartment Unit Absorption by Quarter and Year V-17Estimate of New Apartments by Quarter V-17Monthly Resident Turnover by Size, Age and Market Area V-18
Vacancy Rates During the Current Quarter - Boulder/Broomfield Counties Cumulative Totals V-19Vacancy Rates During the Current Quarter - Boulder - Other V-20Vacancy Rates During the Current Quarter - Broomfield V-21Vacancy Rates During the Current Quarter - Boulder - Except University V-22Vacancy Rates During the Current Quarter - Boulder - University V-23Vacancy Rates During the Current Quarter - Longmont V-24
Market Area Descriptions and Census Tracts V-25
Table of Contents
Section V - Boulder/Broomfield Counties
V-1
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
96 Q
1
96 Q
3
97 Q
1
97 Q
3
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Boulder/Broomfield Counties
725.00
825.00
925.00
1025.00
1125.00
1225.00
1325.00
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Boulder/Broomfield Counties
V-2
0.0
5.0
10.0
15.0
20.0
25.0
Boulder - Other Broomfield Boulder - ExceptUniv.
Boulder - Univ. Area Longmont Boulder/BroomfieldCounties Average
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Boulder/Broomfield Counties
13 Q414 Q114 Q214 Q3
0
500
1000
1500
2000
2500
3000
Boulder - Other Broomfield Boulder - ExceptUniv.
Boulder - Univ. Area Longmont Boulder/BroomfieldCounties Average
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Boulder/Broomfield Counties
Efficiency 1 Bed
2 Bed, 1 Bath 2 Bed, 2 Bath
3 Bed All
V-3
0
5
10
15
20
25
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Boulder/Broomfield Counties
13 Q414 Q114 Q214 Q3
0
1
2
3
4
5
6
7
8
9
10
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Boulder/Broomfield Counties
13 Q414 Q114 Q214 Q3
V-4
0
0.5
1
1.5
2
2.5
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Boulder/Broomfield Counties
13 Q414 Q114 Q214 Q3
0
0.5
1
1.5
2
2.5
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Boulder/Broomfield Counties
13 Q414 Q114 Q214 Q3
V-5
0 18
807
100 100
390
229
0
336
8
213
426
769
98
265
12 8
221
0 0 59 24 48
551
349
558
125
551
211
99
0
244
26 0 60
212
0 0 42
0 0 0 0 0 0 60 77
231
0 55
206
376 307
0
238
0 0
96
0 0 21
238
26 0 0 0 0
146
788
95
1481
721
483
179
386
0
200
400
600
800
1000
1200
1400
1600
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Boulder/Broomfield Counties
25000
27000
29000
31000
33000
35000
37000
3900096
Q1
96 Q
296
Q3
96 Q
497
Q1
97 Q
297
Q3
97 Q
498
Q1
98 Q
298
Q3
98 Q
499
Q1
99 Q
299
Q3
99 Q
400
Q1
00 Q
200
Q3
00 Q
401
Q1
01 Q
201
Q3
01 Q
402
Q1
02 Q
202
Q3
02 Q
403
Q1
03 Q
203
Q3
03 Q
404
Q1
04 Q
204
Q3
04 Q
405
Q1
05 Q
205
Q3
05 Q
406
Q1
06 Q
206
Q3
06 Q
407
Q1
07 Q
207
Q3
07 Q
408
Q1
08 Q
208
Q3
08 Q
409
Q1
09 Q
209
Q3
09 Q
410
Q1
10 Q
210
Q3
10 Q
411
Q1
11 Q
211
Q3
11 Q
412
Q1
12 Q
212
Q3
12 Q
413
Q1
13 Q
213
Q3
13 Q
414
Q1
14 Q
214
Q3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Boulder/Broomfield Counties
V-6
0
2
4
6
8
10
12
14
Boulder - Other Broomfield Boulder - ExceptUniv.
Boulder - Univ.Area
Longmont Boulder/BroomfieldCounties Average
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Boulder/Broomfield Counties
Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All
0
2
4
6
8
10
12
14
16
18
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Boulder/Broomfield Counties
13 Q4
14 Q1
14 Q2
14 Q3
V-7
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Boulder/Broomfield Counties
13 Q4
14 Q1
14 Q2
14 Q3
$1,018.00 $1,054.24
$1,292.23
$1,757.38
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Average Rent by Size of Building
V-8
County 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 2nd 3rd 4th7.6 7.2 4.5 5.5 3.9 3.7 5.2 3.3 3.3 4.3 3.6 6.6 6.0 5.1 4.9 4.9 5.3 3.8 5.0 3.8 10.0 6.4 4.3 4.0 3.3 4.6 3.3 3.5 4.7 3.7 3.4 3.8 3.7 6.3 4.2
-0.7 -2.9 -0.4 0.3 -3.6 -3.4 0.7 -2.2 -0.6 0.6 -1.6 3.3 2.7 0.8 1.2 -1.7 -0.7 -1.3 0.1 -1.0 4.7 2.5 -0.7 0.8 -6.7 -1.8 -0.9 -0.6 1.4 -0.8 0.1 0.0 -0.9 2.6 0.86.9 6.2 6.1 6.2 5.3 4.4 4.6 4.0 3.9 4.0 3.6 4.5 5.1 5.3 5.7 5.2 5.0 4.7 4.7 4.5 7.2 6.9 6.2 6.2 4.5 4.0 3.8 3.7 4.3 3.9 3.8 3.9 3.7 4.3 4.58.9 7.5 4.3 5.6 4.8 4.5 4.1 6.0 4.9 4.9 5.5 7.2 6.7 7.0 4.0 5.1 5.1 4.3 4.1 5.2 5.7 5.7 5.7 5.8 4.8 4.1 3.9 6.2 4.5 4.5 3.3 3.6 4.3 4.5 3.6
-9.2 -2.4 -7.3 -6.4 -4.1 -3.0 -0.2 0.5 0.1 0.3 1.4 1.2 1.8 2.2 -1.6 -2.1 -1.7 -2.7 0.1 0.1 0.6 1.4 1.6 1.0 -0.9 -1.5 -1.8 0.4 -0.3 0.3 -0.6 0.0 -0.2 0.0 0.310.6 10.0 8.2 6.6 5.5 4.8 4.8 4.9 4.9 5.0 5.3 5.6 6.1 6.6 6.2 5.7 5.3 4.6 4.6 4.7 4.9 5.3 5.7 5.7 5.5 5.1 4.7 4.8 4.3 4.3 3.9 4.0 3.9 3.9 4.06.0 8.8 6.0 5.6 4.3 3.2 2.6 2.0 3.2 3.3 2.4 3.0 3.6 6.6 7.2 5.8 4.9 6.9 2.6 3.5 3.1 4.7 4.6 3.5 4.6 4.4 1.8 1.9 1.4 3.4 1.0 3.9 22.0 4.2 3.1
-2.1 0.9 -1.3 0.9 -1.7 -5.6 -3.5 -3.6 -1.1 0.1 -0.2 1.0 0.4 3.3 4.8 2.8 1.3 0.4 -4.6 -2.3 -1.9 -2.2 2.0 -1.1 1.5 -0.3 -2.8 -1.6 -3.2 -1.1 -0.8 0.0 20.6 0.8 2.06.5 6.7 6.4 6.6 6.2 4.8 3.9 3.0 2.7 2.8 2.7 3.0 3.1 3.9 5.1 5.8 6.1 6.2 5.1 4.5 3.9 3.8 4.2 4.0 4.4 4.3 3.6 3.2 2.3 2.5 1.7 2.4 7.6 7.8 8.32.8 3.0 4.1 1.6 0.8 5.9 1.9 3.7 3.8 4.4 1.1 0.6 2.4 11.4 3.5 2.0 1.5 4.2 1.1 0.6 0.0 0.4 0.0 0.3 0.1 0.0 0.3 0.2 0.3 0.5 2.0 0.0 1.8 2.3 2.3
-5.3 -0.1 0.0 -3.4 -1.9 2.9 -2.1 2.1 2.9 -1.5 -0.8 -3.2 -1.4 7.0 2.4 1.5 -0.9 -7.2 -2.5 -1.4 -1.5 -3.9 -1.1 0.2 0.1 -0.4 0.3 -0.2 0.1 0.5 1.7 0.0 1.5 1.7 0.33.7 3.7 3.7 2.9 2.4 3.1 2.6 3.1 3.8 3.4 3.2 2.5 2.1 3.9 4.5 4.8 4.6 2.8 2.2 1.8 1.3 0.4 0.1 0.2 0.2 0.1 0.2 0.1 0.2 0.4 1.2 0.7 1.1 1.5 1.66.3 4.7 4.5 7.6 8.4 3.9 3.2 11.5 15.1 19.6 10.5 8.7 8.9 9.1 7.8 12.8 6.4 5.0 3.0 2.6 2.8 2.6 5.0 4.9 3.6 2.2 2.9 2.7 2.3 3.6 2.6 3.3 1.3 3.0 2.5
-5.2 -5.3 -3.4 1.2 2.1 -0.8 -1.3 3.9 6.8 15.8 7.3 -2.9 -6.2 -10.5 -2.7 4.2 -2.6 -4.1 -4.8 -10.2 -3.5 -2.5 2.0 1.3 0.8 -0.4 -2.0 -2.2 -1.3 1.4 -0.3 0.0 -1.0 -0.6 -0.17.6 6.3 5.5 5.8 6.3 6.1 5.8 6.7 8.4 12.4 14.2 13.5 11.9 9.3 8.6 9.7 9.0 8.0 6.8 4.3 3.4 2.7 3.8 3.8 4.0 3.9 3.4 2.9 2.4 3.1 2.8 3.0 2.7 2.6 2.56.9 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 4.4 3.3
-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 0.5 -1.0 -1.0 -1.8 -0.7 -0.6 0.2 -0.2 0.0 3.5 0.6 0.57.6 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 4.5 4.4 4.7 4.7 4.4 4.2 3.7 3.5 3.3 3.4 3.1 3.3 4.2 4.3 4.4
Vacancy Rates by Market Area for Boulder/Broomfield Counties
Due to rounding of the vacancy rate, numbers may not always add exactly.
20112006 2010
Broomfield
2009
First Figure = Rate for Quarter in Percent
2008 2012 2014
Third Figure = Twelve Month AverageSecond Figure = Change from Year Ago
2013
Longmont
Boulder - Other
Boulder - Except Univ.
2007
Boulder - Univ. Area
Boulder/ Broomfield Counties
V-9
4th 1st 2nd 3rd 4th 1st 2nd 3rdUp to 8 0.0 0.0 0.0 0.0 499 below 1.8 3.6 10.7 0.09 to 50 500 to 749 3.4 2.5 3.2 4.251 to 99 10.4 7.3 9.4 750 to 999 5.3 4.0 6.7 5.4100 to199 1.9 4.5 3.9 3.2 1000 above 2.6 3.6 6.0 3.5200 to 349 3.7 1.5 5.6 3.9350 up 3.7 4.1 7.2 4.2Up to 8 0.0 0.0 499 below 4.0 2.3 4.0 1.49 to 50 500 to 749 4.9 6.1 5.0 5.351 to 99 750 to 999 2.5 4.4 4.7 4.1100 to 199 5.1 3.4 2.3 1.7 1000 above 4.5 4.0 3.9 3.1200 to 349 3.1 4.2 4.4 3.6350 up 4.2 4.7 4.7 4.6Up to 8 0.0 0.0 0.0 0.0 499 below 0.0 20.4 0.0 0.09 to 50 0.0 7.2 1.2 0.0 500 to 749 3.1 11.3 3.2 1.651 to 99 8.5 14.8 0.0 4.3 750 to 999 5.8 27.1 4.5 2.9100 to 199 5.1 7.0 4.9 3.3 1000 above 0.4 25.1 9.7 9.0200 to 349 4.3 58.7350 up 0.5Up to 8 0.0 0.0 499 below 0.0 0.0 2.2 1.19 to 50 0.0 4.7 3.5 0.0 500 to 749 0.0 0.0 0.8 0.0
51 to 99 0.0 0.0 0.0 0.0 750 to 999 0.0 0.0 0.0 7.0 100 to 199 0.0 0.0 1000 above 0.0 9.5 5.4 5.8
200 to 349 0.0 1.4 2.7 4.8350 upUp to 8 5.3 0.0 5.3 5.6 499 below 4.2 0.0 0.0 2.99 to 50 0.0 0.0 0.0 2.2 500 to 749 2.1 0.2 3.5 3.5
51 to 99 2.8 1.1 6.7 3.3 750 to 999 2.9 1.5 3.8 2.2 100 to 199 1.2 1.2 1.2 4.1 1000 above 4.5 1.9 2.2 2.4
200 to 349 3.6 1.5 2.3 2.0350 up 3.9 0.8 5.0 3.6Up to 8 1.9 0.0 2.6 2.2 499 below 2.2 5.9 3.5 1.29 to 50 0.0 4.8 1.9 0.5 500 to 749 2.8 5.3 3.9 2.551 to 99 5.2 7.8 3.7 4.1 750 to 999 3.8 8.0 4.9 3.8100 to 199 3.4 5.6 3.9 2.6 1000 above 3.5 6.0 4.3 3.4200 to 349 3.3 8.9 3.8 3.2350 up 3.5 4.0 5.7 4.2
20142014 20132013
by Market Area for Boulder/Broomfield CountiesVacancy Rates by Size of Apartment Unit
(In Percent)by Market Area for Boulder/Broomfield Counties
Vacancy Rates by Size of Building
Square Feet in Unit
Number of Units
Broomfield
Boulder - Other
(In Percent)
Boulder - OtherCounty
Boulder/Broomfield Counties
Boulder/Broomfield Counties
Boulder - Univ. Area
Boulder - Univ. Area
Longmont
County
Boulder - Except Univ.
Boulder - Except Univ.
Longmont
Broomfield
V-10
County Year 4th 1st 2nd 3rd 4th 1st 2nd 3rdTo 1959 Efficiency 1.8 3.6 10.7 0.01960-69 1 Bed 3.7 3.7 5.4 2.91970-79 2 Bed, 1 Bath 7.3 2.9 10.1 12.61980-89 1.6 3.8 2.7 4.8 2 Bed, 2 Bath 3.3 4.0 5.0 2.91990-99 4.1 4.3 6.7 4.0 3 Bed 3.1 3.1 12.5 8.62000-04 Other 0.0 11.1 0.0 0.02005 up 2.8 0.0 6.3 5.1 All 3.8 3.7 6.3 4.2To 1959 Efficiency 15.8 5.3 15.8 0.01960-69 0.0 0.0 1 Bed 3.5 4.8 4.1 3.21970-79 2.6 3.4 4.9 4.1 2 Bed, 1 Bath 2.7 3.8 4.7 4.01980-89 1.7 2.4 4.5 5.9 2 Bed, 2 Bath 3.7 4.1 4.8 4.21990-99 3.3 3.2 1.8 2.1 3 Bed 4.2 2.5 3.4 1.82000-04 4.6 4.6 4.2 4.6 Other 6.5 3.2 3.2 0.02005 up 4.1 6.0 6.4 4.0 All 3.6 4.3 4.5 3.6To 1959 Efficiency 0.0 46.1 0.0 0.01960-69 2.6 21.2 0.0 0.0 1 Bed 2.8 26.4 3.1 1.51970-79 4.5 5.6 3.8 0.6 2 Bed, 1 Bath 6.1 12.9 4.2 1.71980-89 0.0 10.8 2 Bed, 2 Bath 4.5 26.6 5.3 8.51990-99 5.6 2.2 5.6 4.6 3 Bed 0.0 2.7 9.4 0.02000-04 0.0 42.9 Other 0.0 4.3 0.02005 up 0.9 95.9 All 3.9 22.0 4.2 3.1To 1959 0.0 0.0 Efficiency 0.0 0.0 0.0 0.01960-69 0.0 2.3 1.7 0.0 1 Bed 0.0 0.0 1.8 2.71970-79 0.0 1.4 2.7 0.5 2 Bed, 1 Bath 0.0 5.4 3.6 0.01980-89 0.0 2 Bed, 2 Bath 0.0 10.0 5.0 7.61990-99 3 Bed 0.0 0.0 0.0 0.02000-04 Other2005 up 8.4 All 0.0 1.8 2.3 2.3To 1959 6.7 0.0 6.7 6.7 Efficiency 1.5 0.0 1.5 0.01960-69 0.0 0.0 0.0 0.0 1 Bed 2.2 0.6 3.3 3.31970-79 0.0 0.0 0.0 3.0 2 Bed, 1 Bath 2.3 1.4 3.4 1.51980-89 4.8 0.7 5.1 4.8 2 Bed, 2 Bath 4.6 2.2 2.9 3.21990-99 2.3 2.0 2.3 1.5 3 Bed 2.0 1.0 3.0 0.02000-04 2.9 1.5 1.7 1.2 Other 9.6 1.9 1.9 0.02005 up All 3.3 1.3 3.0 2.5To 1959 4.3 0.0 6.7 4.3 Efficiency 1.2 15.7 5.3 0.01960-69 1.5 12.7 1.2 0.0 1 Bed 2.9 7.4 4.0 2.91970-79 3.0 4.3 4.0 2.1 2 Bed, 1 Bath 4.0 6.0 4.9 3.81980-89 3.1 1.6 4.6 5.6 2 Bed, 2 Bath 3.9 6.3 4.5 4.01990-99 3.8 3.3 4.4 3.0 3 Bed 2.7 2.4 6.9 3.62000-04 3.8 3.6 3.1 2.4 Other 6.4 3.2 2.1 0.02005 up 3.5 20.5 6.4 5.7 All 3.4 6.7 4.4 3.3
by Market Area for Boulder/Broomfield Counties(In Percent)
2013 2013 2014Apartment Type
Boul
der/B
room
field
C
ount
ies
Broo
mfie
ldBo
ulde
r - E
xcep
t U
niv.
Boul
der -
Uni
v. A
rea
2014
Vacancy Rates by Age of Buildingby Market Area for Boulder/Broomfield Counties
Boul
der -
Oth
er
Vacancy Rates by Apartment Type
Boul
der -
Oth
er
(In Percent
County
Boul
der/B
room
fiel
d C
ount
ies
Long
mon
tBo
ulde
r - U
niv.
Ar
ea
Long
mon
t
Boul
der -
Exc
ept
Uni
v.Br
oom
field
V-11
County 4th 1st 2nd 3rd County Year Built 4th 1st 2nd 3rdBoulder - Other Boulder - Other To 1959Efficiency 935.00 1000.00 915.00 1086.00 1960-691 Bed 1161.00 1093.59 1133.94 1185.80 1970-792 Bed, 1 Bath 1275.57 1240.79 1305.27 1284.23 1980-89 1276.13 1179.35 1226.69 1330.972 Bed, 2 Bath 1465.85 1402.44 1549.86 1534.75 1990-99 1333.85 1298.21 1378.77 1366.573 Bed 1580.01 1703.52 1803.13 1549.64 2000-04All 1331.03 1286.88 1371.52 1372.32 2005 up 1352.99 1292.52 1433.50 1439.72Broomfield Broomfield To 1959Efficiency 1085.53 1040.16 1117.42 685.00 1960-69 714.29 721.431 Bed 1085.57 1060.43 1108.82 1075.78 1970-79 797.50 810.12 872.60 880.322 Bed, 1 Bath 1054.83 1060.89 1110.35 1127.10 1980-89 1097.88 1151.82 1187.24 1214.132 Bed, 2 Bath 1428.87 1440.06 1523.13 1425.12 1990-99 1302.64 1286.09 1341.60 1326.123 Bed 1574.28 1581.06 1578.04 1637.15 2000-04 1254.07 1227.18 1296.34 1302.09All 1212.46 1208.31 1268.45 1213.98 2005 up 1406.10 1349.37 1408.89 1458.08Boulder - Except Univ. Boulder - Except Univ. To 1959Efficiency 1108.84 1325.07 1277.62 1183.33 1960-69 986.55 960.47 1089.07 1101.951 Bed 1082.54 1189.37 1120.96 1131.53 1970-79 1064.83 1175.05 1070.54 1085.972 Bed, 1 Bath 1174.38 1255.47 1156.96 1198.36 1980-89 1603.15 1688.472 Bed, 2 Bath 1637.79 1804.07 1744.23 1800.74 1990-99 1669.37 1740.24 1739.71 1752.953 Bed 2028.89 1964.19 2006.25 2136.82 2000-04 792.00 792.00All 1277.28 1374.68 1307.21 1387.61 2005 up 1512.29 1919.52Boulder - Univ. Area Boulder - Univ. Area To 1959 1005.63 1045.00Efficiency 746.53 805.00 850.00 822.14 1960-69 910.04 1261.85 1213.38 958.911 Bed 999.24 1024.23 1032.68 1355.06 1970-79 1015.91 1019.09 1088.18 1073.462 Bed, 1 Bath 1428.95 1414.29 1471.43 1555.26 1980-89 979.482 Bed, 2 Bath 1368.13 1545.63 1547.50 2472.52 1990-993 Bed 2650.00 2650.00 2650.00 2416.67 2000-04All 957.00 1126.98 1143.83 1338.80 2005 up 2312.00Longmont Longmont To 1959 668.60 668.60 735.00 699.13Efficiency 858.36 865.07 981.06 1071.21 1960-69 828.75 828.75 847.50 865.831 Bed 915.89 971.16 1023.78 1086.63 1970-79 713.53 713.53 732.65 759.092 Bed, 1 Bath 1025.91 1086.75 1164.03 1223.14 1980-89 970.85 1067.04 1102.14 1175.802 Bed, 2 Bath 1166.11 1216.49 1309.48 1352.65 1990-99 1127.16 1157.92 1269.34 1298.533 Bed 1327.52 1369.01 1416.87 1486.58 2000-04 1078.61 1091.31 1160.28 1234.30All 1045.44 1092.57 1161.62 1226.67 2005 upBoulder/Broomfield Co. To 1959 785.83 668.60 735.00 819.43Efficiency 832.25 1048.55 991.61 914.35 1960-69 950.65 1073.63 1165.91 976.901 Bed 1059.93 1070.57 1091.72 1147.34 1970-79 942.94 1024.01 973.62 990.782 Bed, 1 Bath 1121.06 1155.58 1167.78 1199.69 1980-89 1084.98 1104.00 1141.01 1248.362 Bed, 2 Bath 1412.58 1428.48 1497.00 1516.80 1990-99 1341.05 1314.05 1378.75 1377.683 Bed 1579.45 1644.45 1655.63 1617.55 2000-04 1173.65 1164.20 1236.72 1257.72All 1198.13 1227.76 1264.25 1287.15 2005 up 1405.19 1438.62 1412.91 1709.75
Boulder/Broomfield Counties
2014 20142013 2013
Average Rents by Apartment Type byMarket Area for Boulder/Broomfield Counties
Average Rents by Age of Building by
(In Dollars)(In Dollars)Market Area for Boulder/Broomfield Counties
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
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 and concessions.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
V-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdBoulder - Other Boulder - OtherUp to 8 870.00 870.00 907.50 1140.00 Efficiency 938.00 988.00 913.00 1088.009 to 50 1 Bed 1161.56 1093.53 1096.65 1186.2651 to 99 1298.59 1295.89 1160.04 2 Bed, 1 Bath 1283.78 1198.44 1308.65 1302.33100 to 199 1323.85 1242.26 1244.08 1334.03 2 Bed, 2 Bath 1464.23 1391.10 1585.16 1558.80200 to 349 1291.13 1283.37 1371.94 1367.55 3 Bed 1567.58 1711.68 1811.58 1562.08350 and up 1353.03 1301.02 1406.31 1402.01 All 1363.81 1321.05 1352.75 1325.08Broomfield BroomfieldUp to 8 714.29 721.43 Efficiency 1112.33 1040.57 1137.33 688.009 to 50 1 Bed 1140.36 1065.64 1152.87 1165.4751 to 99 2 Bed, 1 Bath 949.29 996.40 1049.74 1007.00100 to 199 1191.95 1142.59 1270.36 1270.36 2 Bed, 2 Bath 1441.17 1480.45 1541.44 1373.52200 to 349 1178.08 1168.56 1217.66 1194.31 3 Bed 1440.50 1540.50 1456.00 1589.00350 and up 1285.09 1276.60 1343.44 1302.09 All 1218.09 1228.46 1247.17 1221.05Boulder - Except Univ. Boulder - Except Univ.Up to 8 879.23 934.62 968.85 972.69 Efficiency 1208.20 1322.60 1287.40 1187.409 to 50 995.39 1008.33 992.11 1076.33 1 Bed 949.05 1022.38 992.37 999.7351 to 99 1364.20 1224.95 1101.06 1475.17 2 Bed, 1 Bath 1138.80 1228.66 1157.75 1158.24100 to 199 1403.65 1334.97 1364.61 1412.89 2 Bed, 2 Bath 1741.41 1828.92 1855.94 1820.00200 to 349 1332.00 1610.54 3 Bed 2005.30 1797.60 2006.95 2010.29350 and up 982.48 All 1171.20 1240.99 1165.03 1188.50Boulder - Univ. Area Boulder - Univ. AreaUp to 8 1005.63 1045.00 Efficiency 740.63 813.00 838.00 793.319 to 50 1337.13 1431.22 1436.69 1363.43 1 Bed 992.68 995.14 1031.20 1099.0751 to 99 1040.00 1100.00 1000.00 1100.00 2 Bed, 1 Bath 1407.75 1292.80 1392.80 1492.50100 to199 819.17 905.08 2 Bed, 2 Bath 1384.00 1585.00 1585.00 2012.04200 to 349 1015.91 1019.09 1088.18 1724.14 3 Bed 2013.50 2013.50 2013.50 2007.25350 and up All 979.08 1077.11 1037.31 1084.47Longmont LongmontUp to 8 698.11 698.11 753.16 717.89 Efficiency 877.67 877.67 1027.67 1127.679 to 50 741.22 741.22 760.67 787.56 1 Bed 957.07 1005.28 1047.33 1112.1951 to 99 842.22 869.08 976.10 1022.64 2 Bed, 1 Bath 1014.00 1124.40 1163.89 1278.31100 to199 1162.97 1271.10 1350.93 1320.06 2 Bed, 2 Bath 1170.29 1228.88 1354.29 1357.67200 to 349 1087.97 1112.85 1193.28 1256.24 3 Bed 1360.20 1393.25 1460.20 1544.80350 and up 985.13 1106.33 1115.77 1235.92 All 1017.83 1099.34 1155.60 1258.88Boulder/Broomfield Counties Boulder/Broomfield Counties
Up to 8 810.55 792.98 851.32 905.93 Efficiency 781.00 985.00 958.29 905.009 to 50 1031.19 1115.12 1122.10 1090.11 1 Bed 1087.00 1057.10 1087.67 1142.1051 to 99 1097.28 1118.82 1002.96 1173.98 2 Bed, 1 Bath 1126.18 1177.14 1167.52 1197.43100 to 199 1257.22 1291.53 1323.78 1279.51 2 Bed, 2 Bath 1447.21 1395.88 1543.34 1472.65200 to 349 1169.49 1204.42 1219.84 1286.38 3 Bed 1556.80 1701.61 1744.75 1567.03350 and up 1238.10 1266.49 1341.49 1352.55 All 1169.91 1186.28 1235.23 1249.25
Average rent minus rental losses equals effective rent.Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
Rents reflect units being unfurnished with tenants paying gas and electricity.
Number of Units
Average rents do not reflect "rental losses" from discounts and concessions.
2014 2014
Rents are based on units being unfurnished with tenants paying gas and electricity.
2013 2013
(In Dollars)
Median Rents by Apartment Type by Market Area
(In Dollars)for Boulder/Broomfield Countiesfor Boulder/Broomfield Counties
Average Rents by Size of Building by Market Area
V-13
County CountyApartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdBoulder - Other Boulder - OtherEfficiency 1.93 2.07 1.89 2.241 Bed 1.47 1.39 1.43 1.51 499 below 1.93 2.07 1.89 2.242 Bed, 1 Bath 1.35 1.31 1.36 1.35 500 to 749 1.59 1.49 1.61 1.642 Bed, 2 Bath 1.28 1.22 1.34 1.34 750 to 999 1.43 1.36 1.40 1.453 Bed 1.13 1.21 1.22 1.10 1000 above 1.25 1.22 1.32 1.30All 1.36 1.32 1.38 1.41Broomfield BroomfieldEfficiency 1.98 1.90 2.04 1.581 Bed 1.48 1.46 1.53 1.53 499 below 1.38 1.41 1.50 1.592 Bed, 1 Bath 1.16 1.17 1.22 1.24 500 to 749 1.49 1.55 1.63 1.432 Bed, 2 Bath 1.32 1.32 1.39 1.37 750 to 999 1.38 1.34 1.39 1.393 Bed 1.29 1.31 1.27 1.33 1000 above 1.30 1.29 1.36 1.38All 1.37 1.36 1.43 1.41Boulder - Except Univ. Boulder - Except Univ.Efficiency 2.57 2.45 2.94 2.731 Bed 1.62 1.85 1.73 1.75 499 below 2.51 2.00 2.83 2.642 Bed, 1 Bath 1.39 1.40 1.36 1.40 500 to 749 1.62 1.78 1.74 1.772 Bed, 2 Bath 1.69 1.80 1.87 1.88 750 to 999 1.58 1.72 1.54 1.593 Bed 1.71 1.51 1.73 1.77 1000 above 1.44 1.47 1.72 1.72All 1.59 1.71 1.65 1.68Boulder - Univ. Area Boulder - Univ. AreaEfficiency 1.45 2.12 2.24 1.561 Bed 1.97 1.93 1.96 2.10 499 below 2.10 2.05 2.19 2.142 Bed, 1 Bath 1.47 1.44 1.49 1.59 500 to 749 1.46 1.79 1.67 1.592 Bed, 2 Bath 1.52 1.36 1.37 2.28 750 to 999 1.77 1.77 1.77 2.513 Bed 2.52 2.52 2.52 2.09 1000 above 1.33 1.32 1.36 2.09All 1.74 1.82 1.86 1.93Longmont LongmontEfficiency 1.58 1.59 1.80 1.971 Bed 1.33 1.42 1.50 1.58 499 below 1.31 1.31 1.31 1.312 Bed, 1 Bath 1.14 1.21 1.30 1.35 500 to 749 1.43 1.52 1.62 1.752 Bed, 2 Bath 1.14 1.19 1.28 1.32 750 to 999 1.20 1.27 1.35 1.413 Bed 1.11 1.16 1.22 1.17 1000 above 1.12 1.15 1.23 1.27All 1.22 1.29 1.37 1.43Boulder/Broomfield CountiesEfficiency 1.64 2.05 2.04 1.781 Bed 1.52 1.54 1.55 1.64 499 below 1.88 1.85 1.91 1.962 Bed, 1 Bath 1.25 1.27 1.30 1.33 500 to 749 1.53 1.61 1.65 1.652 Bed, 2 Bath 1.32 1.33 1.38 1.43 750 to 999 1.40 1.41 1.41 1.493 Bed 1.25 1.29 1.29 1.25 1000 above 1.26 1.26 1.32 1.36All 1.41 1.42 1.44 1.50
20142013
Boulder/Broomfield Counties
2014
(In Dollars)
2013
Average Rent per Square Foot by Apartment Type by Market Area for Boulder/Broomfield Counties
Average Rent Per Square Foot by Apartment Unit Size by Market Area for Boulder/Broomfield Counties
(In Dollars)
Average rents do not reflect "rental losses" due to concessions and discounts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts and concessions.
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" due to concessions and discounts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
V-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 1.1 1.9 1.6 5.4 Up to 6 3.0 1.9 4.3 7.69 - 50 7.0 4.3 9.6 9.6 9 - 50 7.0 9.1 11.5 10.251 - 99 -5.2 -4.8 12.1 21.4 51 - 99 0.0 3.0 15.8 25.6100 - 199 6.4 4.7 19.8 9.9 100 - 199 9.8 10.2 23.7 12.5200 to 349 7.5 11.9 8.2 6.7 200 to 349 10.7 20.8 12.0 9.9350 up 6.7 3.1 3.1 7.9 350 up 10.3 7.1 8.8 12.1 Age Age (year built)To 1959 -1.6 0.0 7.3 -0.7 To 1959 2.7 0.0 14.0 3.61960-69 7.7 10.3 11.2 4.4 1960-69 9.1 23.0 12.5 4.41970-79 8.2 5.4 5.6 4.1 1970-79 11.3 9.6 9.6 6.21980-89 6.0 5.6 21.7 12.3 1980-89 9.1 7.2 26.3 17.91990-99 4.7 3.8 6.8 12.3 1990-99 8.6 7.1 11.2 15.32000-04 5.3 2.3 5.1 6.7 2000-04 9.1 5.9 8.2 9.12005 up 7.4 8.1 5.0 4.0 2005 up 10.9 28.6 11.4 9.7
Market Area Market AreaBoulder - Other 0.4 -4.3 21.7 15.5 Boulder - Other 4.2 -0.6 28.0 19.7Broomfield 7.1 4.3 5.9 5.3 Broomfield 10.7 8.7 10.3 8.8Boulder - Except Univ. 9.9 12.8 6.1 8.7 Boulder - Except Univ. 13.8 34.8 10.2 11.8Boulder - Univ. Area 7.0 10.0 11.2 2.7 Boulder - Univ. Area 7.0 11.8 13.5 4.9Longmont 2.7 4.4 10.3 11.5 Longmont 6.1 5.7 13.3 14.1
Average 6.2 7.3 8.9 8.8 Average 9.6 14.0 13.3 12.1
2014
Includes Discounts and Concessions Average Rent Minus Rental Losses Equals Effective Rent
(In Percent)(In Percent)
2014
Defined as Physcial Vacancy Plus Concessions and Writeoffs as a Percentage of Gross Potential Rent
2013
Rental Losses by Size, Age and Market Area for Boulder/Broomfield Counties
Economic Vacancy Rates by Size, Age and Market Area for Boulder/Broomfield Counties
2013
V-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsBoulder - Other 1086.00 1185.80 1284.23 1534.75 1549.64 1775.00 1372.32Broomfield 685.00 1075.78 1127.10 1425.12 1637.15 1767.45 1213.98Boulder - Except Univ. 1183.33 1131.53 1198.36 1800.74 2136.82 1850.00 1387.61Boulder - Univ. Area 822.14 1355.06 1555.26 2472.52 2416.67 1338.80Longmont 1071.21 1086.63 1223.14 1352.65 1486.58 1289.29 1226.67Boulder/Broomfield Counties Average 914.35 1147.34 1199.69 1516.80 1617.55 1513.09 1287.15
Buildings with up to 6 UnitsBoulder - Other 891.25 1637.50 1140.00BroomfieldBoulder - Except Univ. 813.33 1185.00 999.17Boulder - Univ. AreaLongmont 500.00 640.00 1295.00 811.67Boulder/Broomfield Counties Average 500.00 830.63 1523.33 1185.00 1018.00
Buildings with 7 to 36 UnitsBoulder - OtherBroomfieldBoulder - Except Univ. 950.00 1015.50 1210.00 1230.00 1620.00 1067.55Boulder - Univ. Area 825.00 1055.74 1685.29 1414.38 2650.00 1322.34Longmont 567.50 731.67 836.25 920.63 873.33 765.45Boulder/Broomfield Counties Average 727.50 922.88 1445.18 1180.00 1590.00 1054.24
Buildings with 37 and Above UnitsBoulder - Other 1086.00 1187.36 1280.76 1534.75 1549.64 1775.00 1372.99Broomfield 685.00 1075.78 1127.10 1425.12 1637.15 1767.45 1213.98Boulder - Except Univ. 1195.00 1151.44 1198.13 1817.88 2148.84 1850.00 1407.21Boulder - Univ. Area 822.13 1375.87 1500.00 2559.79 1950.00 1339.93Longmont 1095.88 1105.61 1226.76 1357.31 1501.66 1289.29 1239.38Boulder/Broomfield Counties Average 917.13 1155.63 1194.94 1519.71 1617.93 1513.09 1292.23
Buildings with 5 Stories and AboveBoulder - OtherBroomfieldBoulder - Except Univ. 1250.00 1798.00 2400.00 1757.38Boulder - Univ. AreaLongmont
Boulder/Broomfield Counties Average 1250.00 1798.00 2400.00 1757.38
Average Rents for Boulder/Broomfield Counties(in dollars)
Efficency 1 Bed 3 Bed Other All
V-16
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1149.65 1088.81 1252.36 1490.52 1624.57 1275.12 877.60 1194.41 1154.89 1535.72 1614.18 1296.14 -21.02
Patio or Balcony 916.95 1185.23 1238.51 1529.73 1627.99 1320.82 876.30 918.05 1073.00 1329.40 1530.75 1059.14 261.68
Fireplace 1051.76 1238.97 1306.72 1534.85 1622.76 1383.07 790.55 1027.61 1130.87 1459.62 1605.65 1142.22 240.85
Nine-Foot Ceilings 1119.61 1261.66 1355.74 1529.50 1642.21 1408.69 840.19 1017.10 1115.53 1478.55 1564.58 1135.63 273.06
Swimming Pool 917.13 1164.52 1176.52 1525.27 1616.20 1296.55 682.00 1038.16 1265.20 1411.14 1634.55 1226.94 69.61
Spa or Sauna 891.17 1249.14 1285.48 1543.96 1589.31 1361.39 1016.55 1009.87 1144.53 1435.97 1686.42 1169.91 191.48
Exercise Room 884.03 1230.02 1278.48 1530.39 1598.56 1356.69 976.75 973.25 1125.79 1413.64 1690.83 1117.34 239.35
Sport Court 1086.00 1156.35 1260.80 1529.48 1565.07 1375.63 888.08 1146.19 1192.37 1513.03 1648.55 1270.61 105.02
Microwave 904.49 1227.86 1198.65 1546.56 1696.79 1341.32 939.75 1041.88 1200.42 1452.06 1549.82 1216.40 124.92
Washer/Dryer Hookups 1091.27 1155.64 1282.77 1457.38 1561.36 1322.74 844.05 1135.62 1118.93 1750.62 1867.68 1224.89 97.85
Garbage Disposal 1027.33 1147.26 1195.68 1529.36 1627.99 1297.86 779.00 1150.45 1284.39 1325.28 1530.75 1128.06 169.80
Dishwasher 915.55 1152.80 1198.47 1529.36 1627.99 1290.72 662.50 1023.49 1217.80 1325.28 1530.75 1223.76 66.96
Air Conditioning 916.55 1152.31 1195.28 1530.14 1627.99 1289.85 606.67 1034.66 1271.85 1326.93 1530.75 1239.61 50.23
Ceiling Fan 1034.63 1160.46 1186.29 1561.82 1629.99 1307.96 775.65 1112.88 1236.98 1413.58 1582.05 1236.15 71.81
Attached Garage 1002.72 1185.01 1345.58 1498.22 1624.41 1350.69 880.85 1131.27 1178.90 1528.45 1612.80 1260.66 90.03
Covered Parking 1052.00 1283.92 1243.83 1625.60 1634.85 1412.19 904.57 1083.20 1189.33 1459.07 1611.42 1235.26 176.93
Clubhouse 891.17 1224.02 1276.57 1519.00 1591.62 1347.11 1016.55 957.59 1124.79 1489.08 1764.63 1110.10 237.01
Business Center 884.03 1242.12 1270.68 1525.67 1586.18 1361.53 976.75 989.82 1144.17 1462.57 1716.02 1143.31 218.22
Pets Allowed 1071.66 1154.39 1199.03 1529.78 1623.82 1310.85 811.33 1082.11 1203.90 1323.88 1577.10 1111.17 199.69
Resident Pays Sewer/Water 1074.74 1198.27 1225.56 1543.83 1659.24 1349.14 811.37 1001.97 1158.53 1342.57 1481.77 1121.91 227.23
Unit Security/Alarm System 813.76 1131.41 1196.77 1405.00 1615.48 1199.84 1063.45 1149.81 1199.90 1540.27 1617.89 1304.32 -104.48
Handicapped Access 1087.91 1194.49 1182.97 1529.03 1585.06 1336.36 844.58 1052.71 1228.45 1458.38 1727.43 1173.09 163.27
Heat Included in Rent 776.99 952.00 1195.25 1202.14 2203.33 980.35 1032.34 1158.60 1200.18 1517.62 1609.58 1307.95 -327.61
Average Rent for Apartment Building/Community Features and Amenities in Boulder/Broomfield Counties(In Dollars)
With Feature/Amenity Without Feature/Amenity
Feature/Amenity Efficiency 1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
V-17
First Second Third Fourth Year-End2011 34181 34202 34440 34466 34181
21 238 26 0 28534202 34440 34466 34466 344664.9% 4.6% 4.6% 4.4% 4.4%
32526 32856 32872 32937 329371676 1584 1594 1529 1529-424 330 16 65 -13
2012 34466 34466 34466 34466 344660 0 0 146 146
34466 34466 34466 34612 346123.9% 3.6% 2.9% 3.7% 3.7%
33122 33225 33451 33322 333221344 1241 1015 1290 1290184 103 226 -129 385
2013 34612 35400 35495 36976 34612788 95 1481 721 3085
35400 35495 36976 37697 376973.2% 3.8% 2.8% 3.4% 3.4%
34252 34148 35950 36420 364201148 1347 1026 1277 1277930 -104 1802 470 3098
2014 37697 38180 38359483 179 386
38180 38359 387456.7% 4.4% 3.3%
35617 36669 374832563 1690 1262-803 1053 813
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 32535 0 325352nd 32535 60 325953rd 32595 77 326724th 32672 231 32903
2008 1st 32903 0 329032nd 32903 55 329583rd 32958 206 331644th 33164 376 33540
2009 1st 33540 307 338472nd 33847 0 338473rd 33847 238 340854th 34085 0 34085
2010 1st 34085 0 340852nd 34085 96 341813rd 34181 0 341814th 34181 0 34181
2011 1st 34181 21 342022nd 34202 238 344403rd 34440 26 344664th 34466 0 34466
2012 1st 34466 0 344662nd 34466 0 344663rd 34466 0 344664th 34466 146 34612
2013 1st 34612 788 354002nd 35400 95 354953rd 35495 1481 369764th 36976 721 37697
2013 1st 37697 483 381802nd 38180 179 383593rd 38359 386 387454th
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Apartment Unit Absorption by Quarter and Year for Boulder/Broomfield Counties
Estimate of New Apartments by Quarter for Boulder/Broomfield Counties
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
V-18
Building Type 4th 1st 2nd 3rd
SizeUp to 8 1.9 0.0 6.5 15.69 - 50 0.5 3.3 4.7 15.951-99 4.0 1.8 8.3 3.1100 - 199 3.4 2.7 4.4 8.1200 to 349 4.1 3.1 5.8 5.6350 up 3.8 5.2 7.1 5.1
AgeTo 1959 4.3 0.0 6.7 30.41960-69 0.7 2.0 2.9 6.11970-79 2.7 2.7 5.2 6.71980-89 4.4 2.9 6.6 5.71990-99 4.4 3.7 6.0 7.02000-04 5.3 4.2 5.6 3.62005 up 4.2 3.6 6.1 7.3
Market AreaBoulder - Other 3.7 3.6 5.5 5.5Broomfield 4.4 4.0 6.0 4.7Boulder - Except Univ. 2.6 1.8 4.2 12.8Boulder - Univ. Area 1.8 3.9 9.5 5.8Longmont 4.9 3.6 6.2 5.3
County Average 3.8 3.4 5.9 6.4
Resident turnover is for respective months of February, May, August and November.
(In Percent)
2014
for Boulder/Broomfield CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
2013
V-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 2 0.0% 2 0.0%$501 to $525$526 to $550$551 to $575$576 to $600$601 to $625 1 0.0% 1 0.0%$626 to $650 1 0.0% 1 0.0% 2 0.0%$651 to $675 3 0.0% 3 0.0%$676 to $700 1 0.0% 1 7 14.3% 1 8 12.5%$701 to $725 1 13 7.7% 1 13 7.7%$726 to $750 10 0.0% 1 0.0% 11 0.0%$751 to $775 2 176 1.1% 1 0.0% 2 177 1.1%$776 to $800 192 0.0% 7 0.0% 1 0.0% 1 0.0% 201 0.0%$801 to $825 1 0.0% 3 0.0% 7 0.0% 11 0.0%$826 to $850 9 122 7.4% 6 0.0% 9 128 7.0%$851 to $875 4 68 5.9% 4 0.0% 4 72 5.6%$876 to $900 1 105 1.0% 27 0.0% 3 0.0% 1 135 0.7%$901 to $925 84 0.0% 8 0.0% 1 0.0% 93 0.0%$926 to $950 1 0.0% 19 0.0% 2 114 1.8% 1 0.0% 1 0.0% 2 136 1.5%$951 to $975 32 0.0% 6 136 4.4% 2 0.0% 6 170 3.5%$976 to $1000 1 142 0.7% 3 39 7.7% 4 181 2.2%$1001 to 1025 5 289 1.7% 7 30 23.3% 12 0.0% 12 331 3.6%$1026 to 1050 23 0.0% 2 40 5.0% 1 0.0% 1 0.0% 2 65 3.1%$1051 to 1075 28 0.0% 1 27 3.7% 2 106 1.9% 1 0.0% 3 162 1.9%$1076 to 1100 56 0.0% 9 288 3.1% 94 0.0% 9 438 2.1%$1101 to 1125 6 348 1.7% 4 0.0% 6 352 1.7%$1126 to 1150 36 0.0% 4 158 2.5% 10 0.0% 4 204 2.0%$1151 to 1175 1 177 0.6% 2 198 1.0% 3 0.0% 6 0.0% 3 384 0.8%$1176 to 1200 20 0.0% 25 706 3.5% 1 28 3.6% 26 754 3.4%$1201 to 1225 4 193 2.1% 1 32 3.1% 1 48 2.1% 6 273 2.2%$1226 to 1250 5 158 3.2% 9 0.0% 4 54 7.4% 9 221 4.1%$1251 to 1275 68 0.0% 2 135 1.5% 2 203 1.0%$1276 to 1300 5 170 2.9% 9 193 4.7% 1 161 0.6% 104 0.0% 15 628 2.4%$1301 to 1325 6 124 4.8% 18 170 10.6% 1 30 3.3% 8 0.0% 25 332 7.5%$1326 to 1350 5 156 3.2% 4 86 4.7% 36 0.0% 9 278 3.2%$1351 to 1375 2 52 3.8% 21 366 5.7% 3 27 11.1% 26 445 5.8%$1376 to 1400 1 0.0% 1 0.0% 2 0.0%$1401 to 1425 1 72 1.4% 1 72 1.4%$1426 to 1450 2 32 6.3% 2 0.0% 5 280 1.8% 7 314 2.2%$1451 to 1475 30 0.0% 3 92 3.3% 32 0.0% 3 154 1.9%$1476 to 1400 40 0.0% 40 0.0%$1501 to 1525 30 0.0% 7 110 6.4% 7 140 5.0%$1526 to 1550 7 128 5.5% 30 0.0% 7 158 4.4%$1551 to 1575 13 566 2.3% 11 134 8.2% 24 700 3.4%$1576 to 1500 1 60 1.7% 2 72 2.8% 3 132 2.3%$1601 to 1625 17 0.0% 17 0.0%$1626 to 1650 8 135 5.9% 8 135 5.9%$1651 to 1675 2 42 4.8% 2 42 4.8%$1676 to 1600 2 43 4.7% 8 0.0% 2 51 3.9%$1701 to 1725 2 12 16.7% 2 12 16.7%$1726 to 1750 3 60 5.0% 16 0.0% 3 76 3.9%$1751 to 1775 9 0.0% 9 0.0%$1776 to 1800 5 35 14.3% 30 0.0% 5 65 7.7%$1801 to 1825 10 24 41.7% 10 24 41.7%$1826 to 1850 44 0.0% 44 0.0%$1851 to 1875$1876 to 1900 3 119 2.5% 3 119 2.5%$1901 to 1926$1926 to 1950 1 0.0% 1 0.0%$1951 to 1975$1976 to 2000 26 0.0% 26 0.0%$2000 and up 12 144 8.3% 1 0.0% 8 94 8.5% 39 0.0% 20 278 7.2%TOTALS 422 0.0% 106 3596 2.9% 64 1684 3.8% 108 2680 4.0% 16 447 3.6% 196 0.0% 294 9025 3.3%
Vacancy Rates During the Current QuarterBoulder/Broomfield County
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
V-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$801 to $825 1 0.0% 1 0.0%$826 to $850$851 to $875$876 to $900$901 to $925$926 to $950 1 0.0% 1 0.0%$951 to $975 25 0.0% 25 0.0%$976 to $1000 1 0.0% 1 0.0%$1001 to 1025 2 18 11.1% 2 18 11.1%$1026 to 1050$1051 to 1075 1 0.0% 1 0.0%$1076 to 1100 56 0.0% 56 0.0%$1101 to 1125 56 0.0% 56 0.0%$1126 to 1150 2 104 1.9% 2 104 1.9%$1151 to 1175$1176 to 1200 14 448 3.1% 14 448 3.1%$1201 to 1225$1226 to 1250 4 26 15.4% 4 26 15.4%$1251 to 1275$1276 to 1300 6 78 7.7% 6 78 7.7%$1301 to 1325 6 124 4.8% 18 108 16.7% 24 232 10.3%$1326 to 1350$1351 to 1375 3 27 11.1% 3 27 11.1%$1376 to 1400$1401 to 1425$1426 to 1450 1 104 1.0% 1 104 1.0%$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550 7 128 5.5% 7 128 5.5%$1551 to 1575 13 566 2.3% 11 118 9.3% 24 684 3.5%$1576 to 1500 1 60 1.7% 1 60 1.7%$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725$1726 to 1750 16 0.0% 16 0.0%$1751 to 1775 9 0.0% 9 0.0%$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 1 0.0% 2 0.0% 3 0.0%TOTALS 56 0.0% 22 761 2.9% 26 206 12.6% 26 884 2.9% 14 163 8.6% 9 0.0% 88 2079 4.2%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterBoulder - Other
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
V-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$701 to $725$726 to $750$751 to $775 2 174 1.1% 2 174 1.1%$776 to $800 1 0.0% 1 0.0%$801 to $825 7 0.0% 7 0.0%$826 to $850 9 118 7.6% 4 0.0% 9 122 7.4%$851 to $875 4 0.0% 4 0.0%$876 to $900 26 0.0% 26 0.0%$901 to $925$926 to $950 2 113 1.8% 2 113 1.8%$951 to $975 6 133 4.5% 6 133 4.5%$976 to $1000 1 48 2.1% 3 33 9.1% 4 81 4.9%$1001 to 1025 3 109 2.8% 5 8 62.5% 12 0.0% 8 129 6.2%$1026 to 1050 6 0.0% 1 0.0% 7 0.0%$1051 to 1075 1 24 4.2% 1 24 4.2%$1076 to 1100 4 0.0% 4 0.0%$1101 to 1125$1126 to 1150$1151 to 1175 141 0.0% 2 72 2.8% 6 0.0% 2 219 0.9%$1176 to 1200 11 200 5.5% 1 16 6.3% 12 216 5.6%$1201 to 1225 1 48 2.1% 1 48 2.1%$1226 to 1250 4 132 3.0% 4 132 3.0%$1251 to 1275$1276 to 1300 5 170 2.9% 1 112 0.9% 6 282 2.1%$1301 to 1325$1326 to 1350 5 107 4.7% 5 107 4.7%$1351 to 1375 2 52 3.8% 9 186 4.8% 11 238 4.6%$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475 30 0.0% 3 90 3.3% 24 0.0% 3 144 2.1%$1476 to 1400$1501 to 1525 30 0.0% 7 110 6.4% 7 140 5.0%$1526 to 1550$1551 to 1575$1576 to 1500 2 48 4.2% 2 48 4.2%$1601 to 1625$1626 to 1650 8 135 5.9% 8 135 5.9%$1651 to 1675$1676 to 1600 8 0.0% 8 0.0%$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800 30 0.0% 30 0.0%$1801 to 1825$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000 26 0.0% 26 0.0%$2000 and upTOTALS 1 0.0% 36 1116 3.2% 26 646 4.0% 29 693 4.2% 2 112 1.8% 31 0.0% 93 2599 3.6%
Vacancy Rates During the Current QuarterBroomfield
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
V-22
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$726 to $750 1 0.0% 1 0.0%$751 to $775$776 to $800$801 to $825 1 0.0% 1 0.0%$826 to $850 1 0.0% 1 0.0%$851 to $875 3 0.0% 3 0.0%$876 to $900 1 39 2.6% 1 39 2.6%$901 to $925 6 0.0% 6 0.0%$926 to $950 1 0.0% 15 0.0% 1 0.0% 17 0.0%$951 to $975 7 0.0% 3 0.0% 10 0.0%$976 to $1000 89 0.0% 6 0.0% 95 0.0%$1001 to 1025 15 0.0% 4 0.0% 19 0.0%$1026 to 1050 23 0.0% 6 0.0% 29 0.0%$1051 to 1075 3 0.0% 2 105 1.9% 1 0.0% 2 109 1.8%$1076 to 1100 27 0.0% 4 0.0% 31 0.0%$1101 to 1125 4 0.0% 4 0.0%$1126 to 1150 10 0.0% 10 0.0%$1151 to 1175 126 0.0% 3 0.0% 129 0.0%$1176 to 1200 20 0.0% 1 0.0% 12 0.0% 33 0.0%$1201 to 1225 14 0.0% 14 0.0%$1226 to 1250 18 0.0% 9 0.0% 6 0.0% 33 0.0%$1251 to 1275 8 0.0% 8 0.0%$1276 to 1300 6 0.0% 6 0.0%$1301 to 1325 2 0.0% 2 0.0%$1326 to 1350 1 0.0% 1 0.0%$1351 to 1375$1376 to 1400 1 0.0% 1 0.0%$1401 to 1425$1426 to 1450 2 32 6.3% 1 0.0% 2 33 6.1%$1451 to 1475 8 0.0% 8 0.0%$1476 to 1400$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 1 0.0% 1 0.0%$1626 to 1650$1651 to 1675 2 42 4.8% 2 42 4.8%$1676 to 1600 2 27 7.4% 2 27 7.4%$1701 to 1725 2 12 16.7% 2 12 16.7%$1726 to 1750 3 60 5.0% 3 60 5.0%$1751 to 1775$1776 to 1800 5 35 14.3% 5 35 14.3%$1801 to 1825 10 24 41.7% 10 24 41.7%$1826 to 1850 44 0.0% 44 0.0%$1851 to 1875$1876 to 1900 3 119 2.5% 3 119 2.5%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 35 0.0% 35 0.0%TOTALS 21 0.0% 5 324 1.5% 6 362 1.7% 21 248 8.5% 44 0.0% 44 0.0% 32 1043 3.1%
Vacancy Rates During the Current QuarterBoulder - Except University
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
V-23
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 $800 192 0.0% 192 0.0%$801 to $825 1 0.0% 1 0.0%$826 to $850 2 0.0% 2 0.0%$851 to $875$876 to $900$901 to $925 84 0.0% 2 0.0% 86 0.0%$926 to $950 2 0.0% 2 0.0%$951 to $975 $976 to $1000 4 0.0% 4 0.0%$1001 to 1025 2 165 1.2% 2 165 1.2%$1026 to 1050$1051 to 1075$1076 to 1100 90 0.0% 90 0.0%$1101 to 1125 99 0.0% 99 0.0%$1126 to 1150 14 0.0% 14 0.0%$1151 to 1175$1176 to 1200 1 0.0% 1 0.0%$1201 to 1225$1226 to 1250$1251 to 1275$1276 to 1300 3 0.0% 3 0.0%$1301 to 1325$1326 to 1350 2 0.0% 2 0.0%$1351 to 1375$1376 to 1400 1 0.0% 1 0.0%$1401 to 1425 3 0.0% 3 0.0%$1426 to 1450 1 0.0% 1 0.0%$1451 to 1475 2 0.0% 2 0.0%$1476 to 1400 40 0.0% 40 0.0%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600 16 0.0% 16 0.0%$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 1 0.0% 1 0.0%$1951 to 1975$1976 to 2000$2000 and up 12 144 8.3% 8 94 8.5% 2 0.0% 20 240 8.3%TOTALS 277 0.0% 14 523 2.7% 57 0.0% 8 105 7.6% 3 0.0% 22 965 2.3%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterBoulder - University
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
V-24
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 2 0.0% 2 0.0%$501 to $525$526 to $550$551 to $575$576 to $600$601 to $625 1 0.0% 1 0.0%$626 to $650 1 0.0% 1 0.0% 2 0.0%$651 to $675 3 0.0% 3 0.0%$676 to $700 1 7 14.3% 1 7 14.3%$701 to $725 1 12 8.3% 1 12 8.3%$726 to $750 9 0.0% 1 0.0% 10 0.0%$751 to $775 2 0.0% 1 0.0% 3 0.0%$776 to $800 6 0.0% 1 0.0% 7 0.0%$801 to $825 1 0.0% 1 0.0%$826 to $850 1 0.0% 2 0.0% 3 0.0%$851 to $875 4 65 6.2% 4 65 6.2%$876 to $900 66 0.0% 1 0.0% 3 0.0% 70 0.0%$901 to $925 1 0.0% 1 0.0%$926 to $950 1 0.0% 1 0.0% 1 0.0% 3 0.0%$951 to $975 2 0.0% 2 0.0%$976 to $1000$1001 to 1025$1026 to 1050 2 28 7.1% 1 0.0% 2 29 6.9%$1051 to 1075 28 0.0% 28 0.0%$1076 to 1100 9 171 5.3% 86 0.0% 9 257 3.5%$1101 to 1125 6 193 3.1% 6 193 3.1%$1126 to 1150 36 0.0% 2 40 5.0% 2 76 2.6%$1151 to 1175 1 36 2.8% 1 36 2.8%$1176 to 1200 56 0.0% 56 0.0%$1201 to 1225 4 193 2.1% 1 18 5.6% 5 211 2.4%$1226 to 1250 1 8 12.5% 22 0.0% 1 30 3.3%$1251 to 1275 60 0.0% 2 135 1.5% 2 195 1.0%$1276 to 1300 3 109 2.8% 46 0.0% 104 0.0% 3 259 1.2%$1301 to 1325 60 0.0% 1 30 3.3% 8 0.0% 1 98 1.0%$1326 to 1350 48 0.0% 4 84 4.8% 36 0.0% 4 168 2.4%$1351 to 1375 12 180 6.7% 12 180 6.7%$1376 to 1400$1401 to 1425 1 69 1.4% 1 69 1.4%$1426 to 1450 4 176 2.3% 4 176 2.3%$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550 30 0.0% 30 0.0%$1551 to 1575 16 0.0% 16 0.0%$1576 to 1500 24 0.0% 24 0.0%$1601 to 1625 16 0.0% 16 0.0%$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 upTOTALS 67 0.0% 29 872 3.3% 6 413 1.5% 24 750 3.2% 125 0.0% 112 0.0% 59 2339 2.5%
Vacancy Rates During the Current QuarterLongmont
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
One BedroomEfficiencies
DEFINITION OF BOULDER/BROOMFIELD COUNTIES MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries:
Boulder Co.-Other All of Boulder County except for the incorporated cities of Boulder, Broomfield, and Longmont
Broomfield North: 168th Avenue; East: I-25; South: 112th Avenue; West: Indiana
Street Boulder-Except University
All of the City of Boulder except for the University area
Boulder-University Area
North: Pearl: East: Gilpin and Pleasant View Road; South: Baseline; West: Fourth
Longmont All of the city of Longmont Census Tracts: Boulder County-Other Tracts other than those listed below Broomfield 85.13 (pt), 85.15 (pt), 85.16 (pt), 85.17 (pt), 86.01 (pt), 86.02 (pt), 98.11
(pt), 98.13 (pt), 98.16, (pt), 98.20 (pt), 131.02 (pt), 131.03, 131.04 (pt), 131.05
Boulder-Except University
121.01 (pt), 121.02 (pt), 121.03 (pt), 121.04 (pt), 120.03 (pt), 122.04 (pt), 122.05 (pt), 124.02, 125.01, 125.02, 125.03, 125.05, 125.07, 125.08 (pt), 125.09, 125.10 (pt), 126.02 (pt), 126.03 (pt), 126.04 (pt), 127.01 (pt), 127.03 (pt), 127.05 (pt), 127.06 (pt), 127.07 (pt)
Boulder-University Area
122.02, 122.03 (pt), 122.05 (pt), 123.00, 124.01, 126.02 (pt), 126.04 (pt)
Longmont 132.02, 133.02, 133.05, 133.06, 133.07, 133.08, 134.01, 134.02,
135.01, 135.01, 135.02, 135.04
GraphsVacancy Rate by Quarter VI-1Average Rent by Quarter VI-1Vacancy Rate by Market Area by Quarter VI-2Average Rent by Market Area by Apartment Type VI-2Vacancy Rate by Age of Building VI-3Vacancy Rate by Size of Building VI-3Rent per Square Foot by Apartment Type VI-4Rent per Square Foot by Apartment Unit Size VI-4Estimate of Total Apartments by Year VI-5New Apartment Units Added by Year VI-5Vacancy Rates by Market Area by Apartment Type VI-6Vacancy Rate by Apartment Type by Quarter VI-6Median Rent by Apartment Type by Quarter VI-7Average Rent by Size of Building by Quarter VI-7
TablesVacancy Rates by Market Area VI-8Vacancy Rates by Size of Building by Market Area VI-9Vacancy Rates by Size of Apartment Unit by Market Area VI-9Vacancy Rates by Age of Building by Market Area VI-10Vacancy Rates by Apartment Type by Market Area VI-10
Average Rents by Apartment Type by Market Area VI-11Average Rents by Age of Building by Market Area VI-11Average Rents by Size of Building by Market Area VI-12Median Rents by Apartment Type by Market Area VI-12
Average Rent per Square Foot by Apartment Type by Market Area VI-13Average Rent per Square Foot by Apartment Unit Size by Market Area VI-13
Rental Losses by Size, Age and Market Area VI-14Economic Vacancy Rates by Size, Age and Market Area VI-14
Average Rents for Denver County VI-15Average Rent for Apartment Building/Community Features and Amenities VI-16
Apartment Unit Absorption by Quarter and Year VI-17Estimate of New Apartments by Quarter VI-17Monthly Resident Turnover by Size, Age and Market Area VI-18
Vacancy Rates During the Current Quarter - Denver County Cumulative Totals VI-19Vacancy Rates During the Current Quarter - Denver - Central VI-20Vacancy Rates During the Current Quarter - Denver - Downtown VI-21Vacancy Rates During the Current Quarter - Denver - East Central VI-22Vacancy Rates During the Current Quarter - Denver - Far Southeast VI-23Vacancy Rates During the Current Quarter - Denver - North Central VI-24Vacancy Rates During the Current Quarter - Denver - Northeast VI-25Vacancy Rates During the Current Quarter - Denver - Northwest VI-26Vacancy Rates During the Current Quarter - Denver - South Central VI-27Vacancy Rates During the Current Quarter - Denver - Southeast VI-28Vacancy Rates During the Current Quarter - Denver - Southwest VI-29Vacancy Rates During the Current Quarter - Denver - West Central VI-30
Market Area Descriptions and Census Tracts VI-31
Table of Contents
Section VI - Denver County
VI-1
0
2
4
6
8
10
12
14
96 Q
1
96 Q
3
97 Q
1
97 Q
3
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Denver County
550.00
650.00
750.00
850.00
950.00
1050.00
1150.00
1250.00
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Denver County
VI-2
0
5
10
15
20
25
Denver-Central/Capitol Hill
Denver-Downtown Denver-EastCentral/Lowry
Denver-Far SE Denver-NorthCentral/City Park
Denver-Northeast Denver-Northwest Denver-SouthCentral/Wash Park
Denver-Southeast Denver-Southwest Denver-West Central Denver CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Denver County
13 Q4
14 Q1
14 Q2
14 Q3
0
500
1000
1500
2000
2500
3000
Denver-Central/Capitol Hill
Denver-Downtown Denver-EastCentral/Lowry
Denver-Far SE Denver-NorthCentral/City Park
Denver-Northeast Denver-Northwest Denver-SouthCentral/Wash Park
Denver-Southeast Denver-Southwest Denver-WestCentral
Denver CountyAverage
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Denver County
Efficiency1 Bed2 Bed, 1 Bath2 Bed, 2 Bath3 BedAll
VI-3
0
2
4
6
8
10
12
14
16
18
20
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Denver County
13 Q4
14 Q1
14 Q2
14 Q3
0
2
4
6
8
10
12
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Denver County
13 Q4
14 Q1
14 Q2
14 Q3
VI-4
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Denver County
13 Q4 14 Q1
14 Q2 14 Q3
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Denver County
13 Q4
14 Q1
14 Q2
14 Q3
VI-5
90000
92000
94000
96000
98000
100000
102000
104000
106000
108000
11000096
Q1
96 Q
296
Q3
96 Q
497
Q1
97 Q
297
Q3
97 Q
498
Q1
98 Q
298
Q3
98 Q
499
Q1
99 Q
299
Q3
99 Q
400
Q1
00 Q
200
Q3
00 Q
401
Q1
01 Q
201
Q3
01 Q
402
Q1
02 Q
202
Q3
02 Q
403
Q1
03 Q
203
Q3
03 Q
404
Q1
04 Q
204
Q3
04 Q
405
Q1
05 Q
205
Q3
05 Q
406
Q1
06 Q
206
Q3
06 Q
407
Q1
07 Q
207
Q3
07 Q
408
Q1
08 Q
208
Q3
08 Q
409
Q1
09 Q
209
Q3
09 Q
410
Q1
10 Q
210
Q3
10 Q
411
Q1
11 Q
211
Q3
11 Q
412
Q1
12 Q
212
Q3
12 Q
413
Q1
13 Q
213
Q3
13 Q
414
Q1
14 Q
214
Q3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Denver County
191
15
146 153
20
190 142
433
191
346 348
467
1271
520
105 149
113
0 37
0 22
736
306
394
631 643
142
394
141
556
108
250 193
436
535
0
333
698
142 140 110
30 0 0 0 0 79
37 0
201 151
203
1094
609 605
169
7 0 0
146
41
190
66
215 276
135
573
87
0 0 0 0 0 0 0 0
200
400
600
800
1000
1200
1400
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Denver County
VI-6
0
2
4
6
8
10
12
14
16
18
Denver-Central/Capitol Hill
Denver-Downtown Denver-EastCentral/Lowry
Denver-Far SE Denver-NorthCentral/City Park
Denver-Northeast Denver-Northwest Denver-SouthCentral/Wash Park
Denver-Southeast Denver-Southwest Denver-WestCentral
Denver CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Denver County
Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All
0
1
2
3
4
5
6
7
8
9
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Denver County
13 Q4 14 Q1 14 Q2 14 Q3
VI-7
0
200
400
600
800
1000
1200
1400
1600
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Denver County
13 Q4
14 Q1
14 Q2
14 Q3
$890.53 $951.58
$1,131.83
$1,342.07
0
200
400
600
800
1000
1200
1400
1600
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building for Denver County
VI-8
County 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 2nd 3rd 4th 1st 2nd 3rd 4th8.2 9.3 9.7 9.3 7.1 6.0 7.0 6.7 7.0 5.1 5.9 5.0 4.7 5.4 6.6 7.6 9.5 9.6 7.3 7.7 7.3 6.9 6.2 5.2 3.7 3.6 3.2 3.8 2.6 3.7 2.5 2.9 2.9 4.1 4.6 5.6 6.4 6.5 2.3
-0.9 0.4 2.3 0.1 -2.1 -2.9 -0.4 -1.4 -1.3 -4.1 -3.8 -4.3 -2.4 -0.6 -0.4 2.6 4.8 4.2 0.8 0.1 -2.2 -2.7 -1.1 -2.4 -3.5 -3.3 -3.0 -1.5 -1.1 0.1 -0.7 -0.9 0.3 0.4 2.1 2.7 3.5 2.4 -2.38.1 8.2 8.8 9.1 8.8 8.0 7.3 6.7 6.7 6.4 6.2 5.7 5.2 5.2 5.4 6.1 7.3 8.3 8.5 8.5 8.0 7.3 7.0 6.4 5.5 4.7 3.9 3.6 3.3 3.3 3.1 2.9 3.0 3.1 3.6 4.3 5.2 5.8 5.28.3 7.3 8.3 5.0 3.3 4.9 8.0 6.7 7.8 7.1 4.3 4.9 3.6 4.6 5.4 7.6 8.4 7.8 7.2 6.8 5.9 9.3 5.2 5.6 5.1 3.3 3.6 4.4 4.0 4.9 5.7 11.1* 9.6 6.9 6.1 10.9* 11.8* 7.7 4.3
-3.1 -1.9 2.3 -8.9 -8.0 -4.3 2.0 -4.0 -0.5 -0.3 -4.0 -0.1 0.2 -0.3 -2.6 2.7 4.8 3.1 1.8 -0.8 -2.5 1.5 -2.0 -1.2 -0.7 -6.0 -1.6 -1.3 -1.1 1.6 2.1 6.8 5.6 1.9 0.4 -0.2 2.2 0.8 -1.88.5 8.1 8.6 7.2 6.0 5.4 5.3 5.7 6.8 7.4 6.4 6.0 4.9 4.3 4.6 5.3 6.5 7.3 7.8 7.6 6.9 7.3 6.8 6.5 6.3 4.8 4.4 4.1 3.8 4.2 4.8 6.5 6.7 7.4 7.5 7.5 8.3 6.9 6.0
15.3 9.7 20.1 17.3 13.6 6.1 6.5 7.9 8.0 7.8 5.5 5.0 5.5 5.8 4.4 7.5 8.0 8.5 5.5 6.4 7.2 6.8 5.5 7.7 6.9 5.2 5.3 5.6 6.3 4.7 6.6 6.9 6.8 4.2 4.1 6.2 5.5 4.3 3.8-3.2 -6.7 18.2 2.8 -4.9 -10.3 4.6 -3.7 -7.3 -1.9 -14.6 -12.2 -8.1 -0.2 -2.0 2.5 2.6 2.7 1.1 -1.1 -0.9 -1.7 0.0 1.3 -0.3 -1.6 -0.2 -2.1 -0.6 -0.6 1.3 1.2 0.5 -0.4 -2.4 -0.7 -1.3 0.1 -0.311.3 9.6 14.2 15.6 15.2 14.2 10.8 8.5 7.1 7.5 7.3 6.6 5.9 5.5 5.2 5.8 6.5 7.1 7.4 7.1 6.9 6.5 6.5 6.8 6.7 6.3 6.3 5.8 5.6 5.5 5.8 6.1 6.2 6.1 5.5 5.3 5.0 5.0 5.011.4 10.6 8.6 10.5 8.7 10.0 9.7 6.2 6.9 5.2 5.3 5.3 5.0 6.7 7.0 8.7 10.9 16.4 14.7 15.5 9.6 9.4 5.1 5.1 4.3 4.5 5.1 5.8 5.6 5.3 4.4 4.6 4.5 4.3 4.0 5.3 5.2 3.6 3.2
1.1 -2.1 -0.9 -1.4 -1.7 -2.8 0.2 -4.7 -4.5 -5.4 -3.3 -5.2 -3.7 -3.3 -2.7 3.4 5.9 9.7 7.7 6.9 -1.3 -7.0 -9.6 -10.4 -5.3 -4.9 0.0 0.7 1.3 0.8 -0.7 -1.2 -1.1 -1.0 -0.4 0.7 0.7 -0.7 -0.811.2 10.6 10.4 10.3 9.6 9.4 9.7 8.7 8.2 7.0 5.9 5.7 5.2 5.6 6.0 6.8 8.3 10.7 12.7 14.4 14.1 12.3 9.9 7.3 6.0 4.7 4.7 4.9 5.3 5.5 5.3 5.0 4.7 4.5 4.4 4.5 4.7 4.5 4.311.7 7.7 3.1 3.2 3.8 5.1 3.1 6.7 1.8 1.6 3.0 3.4 2.4 3.8 4.0 5.2 4.4 10.2 5.0 8.9 5.7 8.8 2.3 1.2 2.3 4.2 0.9 2.3 4.9 2.3 1.5 5.1 3.3 2.1 3.2 3.2 5.7 4.1 2.2
1.7 1.4 -4.1 -6.7 -6.2 -1.1 -4.2 -1.3 -9.8 -6.0 -0.2 0.2 -1.4 -1.3 0.9 1.9 2.0 6.3 1.0 3.7 1.3 -1.4 -2.7 -7.7 -3.4 -4.6 -1.4 1.1 2.6 -1.8 0.6 2.8 -1.6 -0.3 1.6 -1.9 2.4 2.0 -0.98.3 8.6 7.6 6.4 4.5 3.8 3.8 4.7 4.2 3.3 3.3 2.5 2.6 3.2 3.4 3.9 4.4 6.0 6.2 7.1 7.5 7.1 6.4 4.5 3.6 2.5 2.1 2.4 3.1 2.6 2.8 3.5 3.1 3.0 3.4 2.9 3.5 4.0 3.88.3 12.5 24.9 12.8 10.9 13.7 4.1 7.3 7.2 6.9 5.5 6.0 8.1 7.3 7.6 8.1 4.6 6.6 7.9 6.1 5.2 6.8 4.5 4.8 5.7 5.1 4.4 5.8 4.9 4.8 3.9 6.5 4.2 4.8 3.1 6.3 2.9 4.8 3.51.5 4.3 11.2 3.6 4.1 5.5 -9.6 -4.0 -1.1 -5.6 -19.4 -6.8 -2.8 -6.4 3.5 2.1 -3.5 -0.7 0.4 -2.0 0.6 0.2 -3.5 -1.3 0.5 -1.6 0.0 0.9 -0.8 -0.4 -0.5 0.8 -0.7 0.0 -0.8 -0.2 -1.3 0.0 0.4
10.4 11.5 14.2 14.6 15.3 15.6 10.4 9.0 8.1 6.4 6.7 6.4 6.6 6.7 7.2 7.8 6.9 6.7 6.8 6.3 6.5 6.5 5.6 5.3 5.5 5.0 5.0 5.3 5.1 5.0 4.8 5.0 4.9 4.9 4.7 4.6 4.3 4.3 4.48.8 6.3 5.7 11.7 4.3 5.4 6.2 3.1 4.3 6.7 3.7 3.7 5.1 5.0 5.1 7.9 5.6 4.5 3.5 5.3 4.5 5.1 5.5 4.1 8.6 3.0 2.7 5.5 3.2 5.2 3.3 3.6 0.0 1.2 3.8 3.9 19.9* 12.0 2.6
-6.9 0.0 -1.5 2.0 -11.4 -0.9 -1.0 -9.8 -4.5 0.4 -2.0 -8.0 0.7 -0.4 -1.1 4.2 0.5 -0.5 -1.6 -2.6 -1.1 0.6 2.0 -1.2 4.1 -2.1 -2.8 1.4 -5.5 2.2 0.6 -1.9 -3.2 -4.0 0.6 0.4 19.9 10.8 -1.28.8 8.8 8.5 8.2 7.0 6.8 6.9 4.8 4.8 5.1 4.5 4.6 4.8 4.4 4.7 5.8 5.9 5.8 5.4 4.7 4.5 4.6 5.1 4.8 5.8 5.3 4.6 5.0 3.6 4.1 4.3 3.8 3.0 2.0 2.1 2.2 7.2 6.6 6.2
12.4 8.3 22.5 14.7 12.3 12.7 13.1 14.0 12.1 9.6 7.2 6.6 8.8 9.9 7.5 9.1 8.0 9.4 10.0 11.0 11.8 9.8 8.6 4.4 4.6 4.9 5.8 3.4 3.5 4.2 4.1 4.0 4.9 6.1 10.0 6.5 8.8 18.4 7.1-2.7 -4.6 5.5 5.2 -2.9 -0.2 -3.8 1.1 -0.3 1.3 -15.3 -8.2 -3.5 -2.8 -5.6 2.5 -0.8 -0.5 2.5 1.9 3.9 0.4 -1.4 -6.6 -7.2 -4.9 -2.8 -0.9 -1.2 -0.7 -1.7 0.6 1.4 1.9 5.9 2.4 4.0 12.3 -2.913.8 12.6 14.0 14.5 14.4 15.6 13.2 13.0 13.0 12.2 10.7 8.8 8.0 8.1 8.2 8.8 8.6 8.5 9.1 9.6 10.6 10.7 10.3 8.7 6.9 5.6 5.0 4.7 4.4 4.2 3.8 4.0 4.3 4.8 6.3 6.9 7.9 10.9 10.2
7.6 7.0 7.9 7.0 8.4 6.2 4.4 6.7 7.1 6.3 6.9 6.9 4.5 4.3 5.1 8.5 7.9 7.4 7.2 6.8 5.0 5.3 4.8 4.8 4.9 4.2 4.2 4.1 3.4 6.2 4.8 7.6 6.1 3.1 3.6 4.5 3.5 3.4 3.6-2.0 -1.3 1.0 -0.3 -1.2 -2.1 -2.6 -0.8 -0.5 -0.8 -1.0 -0.1 -3.9 -1.9 0.7 1.6 3.4 3.1 2.1 -1.7 -2.9 -2.1 -2.4 -2.0 -0.1 -1.1 -0.6 -0.8 -1.4 2.0 0.6 3.5 2.7 -3.0 -1.2 -3.2 -2.6 0.3 0.07.6 7.3 7.5 7.4 7.6 7.4 6.5 6.4 6.1 6.1 6.8 6.8 6.2 5.7 5.2 5.6 6.5 7.2 7.8 7.3 6.6 6.1 5.5 5.0 5.0 4.7 4.5 4.3 4.0 4.5 4.6 5.5 6.2 5.4 5.1 4.3 3.7 3.7 3.76.9 6.7 6.1 5.7 5.2 5.6 7.7 6.3 6.3 5.4 6.8 4.1 6.1 6.0 5.4 6.9 5.9 5.3 5.9 5.8 5.4 5.3 4.2 5.4 4.6 3.7 4.2 5.4 3.4 3.9 2.9 2.6 4.1 4.9 3.4 4.0 9.9 1.9 1.81.5 -1.7 0.7 -0.1 -0.2 -2.8 2.3 -1.2 -0.5 -1.3 0.6 -1.6 1.0 0.4 -2.3 2.8 -0.3 -0.6 0.4 -1.1 -0.5 0.0 -1.7 -0.5 -0.8 -1.6 0.0 0.0 -1.2 0.2 -1.3 -2.8 0.7 1.0 0.5 1.3 5.8 -3.0 -1.67.1 6.6 6.8 6.4 5.9 5.7 6.1 6.2 6.5 6.5 6.2 5.7 5.6 5.7 5.4 6.1 6.1 5.9 6.0 5.7 5.6 5.6 5.2 5.1 4.9 4.5 4.5 4.5 4.2 4.3 3.9 3.2 3.4 3.6 3.8 4.1 5.5 4.8 4.4
11.9 7.4 12.1 9.2 7.8 13.0 6.7 6.3 5.4 5.8 8.4 15.0 5.6 4.5 4.5 6.9 2.3 8.6 10.1 7.8 11.9 10.2 6.8 2.8 4.1 1.4 0.7 2.7 0.0 2.7 8.2 5.9 6.2 3.3 3.1 4.6 3.1 2.7 3.25.8 0.1 2.2 0.4 1.7 5.7 -3.2 -7.6 -6.5 -1.5 -3.7 5.7 -2.3 -8.5 -2.2 -8.1 -3.3 4.1 5.5 0.9 9.6 1.5 -3.3 -5.0 -7.8 -8.8 -6.1 -0.1 -4.1 1.4 7.5 3.2 6.2 0.6 -5.1 -1.3 -3.0 -0.6 0.1
10.8 10.8 11.3 10.1 9.1 10.5 9.2 8.4 7.8 6.1 6.5 8.7 8.7 8.4 7.4 5.4 4.5 5.6 7.0 7.2 9.6 10.0 9.1 7.9 6.0 3.8 2.2 2.2 1.2 1.5 3.4 4.2 5.8 5.9 4.6 4.3 3.6 3.4 3.49.2 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 5.6 3.5
-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 1.1 -1.19.4 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 5.1 5.1 5.2 5.2 5.5 5.8 5.5
Denver-North Central/City Park
Denver-South Central/Wash Park
2014
Third Figure = Twelve Month AverageSecond Figure = Change from Year AgoFirst Figure = Rate for Quarter in Percent
Vacancy Rates by Market Area for Denver County
Due to rounding of the vacancy rate, numbers may not always add exactly.
Denver-Downtown
Denver-East Central/Lowry
* vacancy rate affected by new units leasing up
2013
Denver-Southeast
Denver-Southwest
Denver County
Denver-West Central
Denver-Northwest
2005
Denver-Northeast
2009200820072006 20122011
Denver-Far SE
2010
Denver-Central/Capitol Hill
VI-9
4th 1st 2nd 3rd 4th 1st 2nd 3rd
Up to 8 5.2 0.0 2.3 0.0 499 below 3.3 2.8 4.5 2.49 to 50 3.9 2.3 4.4 2.3 500 to 749 4.4 8.0 8.3 2.151 to 99 5.8 2.7 4.1 2.2 750 to 999 11.0 8.2 6.4 2.7100 to199 7.5 4.7 6.3 2.6 1000 above 3.5 3.8 1.6 2.8200 to 349 4.6 28.2 25.3 2.3350 upUp to 8 499 below 0.0 0.0 4.6 1.39 to 50 4.0 0.0 8.0 0.0 500 to 749 20.9 24.7* 15.8 5.451 to 99 750 to 999 5.5 6.2 5.2 2.3100 to 199 6.7 4.2 2.4 1.6 1000 above 9.4 10.0* 6.7 6.0200 to 349 17.0 18.3* 12.8 5.0350 up 5.2 3.6 5.2 4.3Up to 8 25.0 25.0 499 below 0.09 to 50 4.8 5.0 0.0 0.0 500 to 749 5.7 4.5 4.5 4.251 to 99 4.5 3.8 3.9 0.0 750 to 999 4.7 6.1 3.6 2.6100 to 199 4.2 4.2 5.7 4.7 1000 above 7.4 6.5 4.6 4.8200 to 349 6.2 4.9 6.0 4.6350 up 6.9 6.5 3.4Up to 8 0.0 0.0 0.0 499 below 4.3 3.2 3.2 2.29 to 50 0.0 500 to 749 5.0 6.1 3.7 3.251 to 99 750 to 999 6.1 5.4 4.2 2.7100 to 199 6.7 4.3 5.2 5.0 1000 above 4.9 3.4 2.4 4.1200 to 349 5.0 6.4 3.2 3.2350 up 5.0 5.2 3.4 2.7Up to 8 0.0 0.0 0.0 499 below 2.1 5.3 4.6 3.29 to 50 3.1 5.3 6.6 4.0 500 to 749 7.4 11.3 7.2 1.151 to 99 21.7 5.7 0.0 750 to 999 3.0 4.8 3.8 1.1100 to 199 4.6 5.7 2.6 1000 above 3.4 4.1 2.0 4.9200 to 349 2.1 2.1 2.9 1.7350 upUp to 8 0.0 0.0 499 below9 to 50 0.0 7.7 500 to 749 5.0 3.1 2.7 3.551 to 99 750 to 999 9.6 3.6 5.2 2.8100 to 199 40.0 3.4 1000 above 5.4 1.9 6.4 4.3200 to 349 2.1 3.2 4.4350 up 6.4 3.1 3.1 3.4Up to 8 5.9 0.0 0.0 0.0 499 below 1.6 3.7 7.4 0.09 to 50 5.0 2.4 7.2 0.0 500 to 749 3.6 9.3 4.7 3.551 to 99 23.3* 5.5 6.8 750 to 999 9.3 46.6* 27.0 1.4100 to 199 3.6 26.8* 15.8 2.5 1000 above 0.0 37.5* 28.1 3.1200 to 349350 upUp to 8 5.3 0.0 11.1 11.1 499 below 5.0 5.3 21.0 10.59 to 50 8.2 7.4 21.5 11.0 500 to 749 8.8 12.1 13.5 10.351 to 99 3.5 750 to 999 3.1 4.6 9.7 1.4100 to 199 5.7 8.4 2.8 1000 above 6.9 10.2 25.4 7.1200 to 349 0.2 6.6 28.0 1.6350 up 12.1 12.9 9.9 10.7Up to 8 499 below 1.7 0.0 1.3 3.99 to 50 0.0 500 to 749 4.2 3.7 3.8 3.451 to 99 3.5 3.5 1.7 1.7 750 to 999 4.7 2.9 3.5 3.6100 to 199 4.8 5.0 4.0 4.1 1000 above 5.0 4.6 2.5 4.4200 to 349 4.4 3.0 3.6 3.7350 up 4.4 3.4 2.8 3.4Up to 8 0.0 0.0 0.0 0.0 499 below 2.6 5.1 1.8 0.99 to 50 2.0 3.9 3.9 2.0 500 to 749 2.4 4.0 1.8 0.751 to 99 7.4 7.4 3.7 5.7 750 to 999 4.6 12.7 2.1 2.6100 to 199 1.2 4.7 2.2 1.8 1000 above 6.5 18.3 1.4 2.8200 to 349 5.1 13.1 1.8 1.9350 up 0.5 0.5 1.1 0.3Up to 8 0.0 0.0 0.0 0.0 499 below 6.0 4.3 4.3 5.29 to 50 0.0 0.0 0.0 0.0 500 to 749 3.6 2.2 0.8 0.851 to 99 750 to 999 0.0 0.0 0.0 0.0100 to 199 3.2 8.0 8.8 10.4 1000 above 0.0 0.0 0.0 0.0200 to 349 6.4 1.3 0.0 0.0350 upUp to 8 5.0 0.8 2.2 1.3 499 below 3.6 3.3 4.9 3.19 to 50 4.4 3.3 7.6 3.5 500 to 749 6.4 7.8 5.9 3.651 to 99 5.4 5.1 4.1 2.5 750 to 999 6.0 6.4 4.9 2.6100 to 199 5.9 6.7 6.6 3.5 1000 above 6.6 6.9 6.7 4.8200 to 349 7.2 10.6 7.2 3.4350 up 5.7 4.7 3.9 3.7
* vacancy rate affected by new units leasing up
20132013
Denver County
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver-Far SE
Denver County
Denver-South Central/Wash Park
Denver-North Central/City Park
Denver-Northeast
Denver-Northwest
Denver-Downtown
Denver-East Central/Lowry
CountyDenver-Central/Capitol Hill
Denver-Central/Capitol Hill
Square Feet in UnitCountyNumber of Units
Denver-Downtown
Denver-West Central
Denver-Northeast
Denver-Northwest
Denver-North Central/City Park
Denver-Far SE
Denver-East Central/Lowry
Denver-South Central/Wash Park
Denver-Southeast
Denver-Southwest
20142014
Vacancy Rates by Size of Apartment Unitby Market Area for Denver County
(In Percent)(In Percent)by Market Area for Denver CountyVacancy Rates by Size of Building
VI-10
County Year 4th 1st 2nd 3rd 4th 1st 2nd 3rdTo 1959 3.9 9.4 8.1 2.3 Efficiency 4.5 4.1 3.6 2.51960-69 3.7 2.6 5.2 2.1 1 Bed 4.0 6.4 7.5 2.41970-79 2.0 3.1 3.7 1.0 2 Bed, 1 Bath 4.0 10.2 7.3 0.91980-89 37.7 12.0 13.7 2 Bed, 2 Bath 19.5 5.5 3.2 4.11990-99 3 Bed 0.0 0.0 0.0 5.02000-04 0.0 0.0 0.0 Other 0.02005 up 3.8 4.2 0.9 3.8 All 5.6 6.4 6.5 2.3To 1959 11.1 0.0 16.7 0.0 Efficiency 12.1 13.8* 7.5 2.61960-69 0.0 0.0 3.1 1 Bed 12.6 11.7* 8.6 4.41970-79 1.8 0.5 2 Bed, 1 Bath 4.2 13.7 7.7 4.91980-89 4.9 4.5 7.9 5.5 2 Bed, 2 Bath 8.8 11.0* 8.4 4.81990-99 10.4 9.1 3 Bed 6.2 5.2 0.0 4.12000-04 5.1 5.5 2.8 3.2 Other 0.0 3.8 2.7 12.52005 up 22.9 23.0* 13.0 4.1 All 10.9 11.8* 7.7 4.3To 1959 2.5 3.5 0.0 0.0 Efficiency 5.0 3.7 5.91960-69 1.2 1 Bed 5.3 4.5 4.3 4.21970-79 7.4 5.7 6.4 4.6 2 Bed, 1 Bath 7.0 6.6 3.7 2.61980-89 0.0 2.1 2.1 0.0 2 Bed, 2 Bath 7.1 5.9 4.7 5.01990-99 6.5 4.8 4.1 3 Bed 7.0 8.8 4.1 4.52000-04 6.3 6.5 4.0 4.7 Other2005 up All 6.2 5.5 4.3 3.8To 1959 0.0 Efficiency 3.9 7.9 4.2 3.11960-69 0.0 1 Bed 5.2 5.7 3.8 3.11970-79 4.4 4.8 3.1 2.3 2 Bed, 1 Bath 7.0 4.9 3.6 2.41980-89 6.5 6.4 4.7 5.0 2 Bed, 2 Bath 5.5 4.2 3.2 3.71990-99 10.1 3.7 4.2 3 Bed 4.0 1.9 1.6 0.02000-04 Other 4.2 5.0 0.0 10.02005 up 5.5 6.0 3.6 3.7 All 5.3 5.2 3.6 3.2To 1959 2.1 1.7 1.8 2.7 Efficiency 3.3 8.2 5.0 5.01960-69 5.0 15.0 10.7 7.5 1 Bed 3.1 5.2 4.3 1.01970-79 2 Bed, 1 Bath 0.0 7.1 8.3 8.31980-89 2 Bed, 2 Bath 4.0 5.9 3.0 4.31990-99 3 Bed 0.0 5.3 0.0 0.02000-04 Other2005 up 3.2 5.9 3.2 1.3 All 3.2 5.7 4.1 2.2To 1959 0.0 0.0 7.7 Efficiency 2.9 1.3 3.0 5.91960-69 1 Bed 5.1 3.3 5.0 3.21970-79 6.8 3.4 2.8 2.9 2 Bed, 1 Bath 9.6 4.7 2.8 3.41980-89 2 Bed, 2 Bath 5.4 1.8 6.9 4.21990-99 2.1 3.2 4.4 3 Bed 0.0 1.7 2.3 1.52000-04 5.3 2.6 3.7 5.0 Other 0.0 0.0 0.02005 up 40.0 3.4 All 6.3 2.9 4.8 3.5To 1959 6.9 0.0 3.3 0.0 Efficiency 2.2 18.5* 12.3 0.01960-69 0.0 5.0 10.0 0.0 1 Bed 3.5 24.9* 12.4 3.61970-79 16.7 0.0 0.0 0.0 2 Bed, 1 Bath 6.5 8.1* 10.8 0.01980-89 0.0 2.1 2.1 3.5 2 Bed, 2 Bath 13.0 18.5* 15.4 3.11990-99 3 Bed2000-04 Other 0.0 0.0 3.2 0.02005 up 6.9 35.4* 18.8 2.9 All 3.9 19.9* 12.0 2.6To 1959 2.6 0.0 0.0 0.0 Efficiency 4.6 12.0 10.8 13.41960-69 6.9 8.3 16.3 8.2 1 Bed 6.7 8.4 12.7 6.01970-79 0.0 2.7 0.0 2 Bed, 1 Bath 12.1 7.2 12.6 10.01980-89 8.4 8.8 9.9 7.5 2 Bed, 2 Bath 7.4 19.5 14.7 5.31990-99 3 Bed 1.8 1.1 45.0 8.52000-04 Other 0.5 0.0 43.7 3.02005 up 1.2 9.5 29.6 4.3 All 6.5 8.8 18.4 7.1To 1959 0.0 0.9 0.9 2.7 Efficiency 1.8 0.0 1.4 3.51960-69 5.1 5.8 3.3 4.2 1 Bed 4.2 3.5 4.0 3.11970-79 5.0 3.5 3.8 3.5 2 Bed, 1 Bath 4.6 3.8 3.2 3.71980-89 3.5 2.4 3.0 3.6 2 Bed, 2 Bath 5.2 3.1 2.8 4.81990-99 4.8 3.2 1.6 1.6 3 Bed 11.1 6.7 0.0 6.72000-04 Other 0.0 0.0 0.0 14.32005 up All 4.5 3.5 3.4 3.6To 1959 2.8 5.6 5.6 2.8 Efficiency 4.1 3.9 2.4 1.01960-69 1.2 4.7 2.2 1.8 1 Bed 3.4 10.6 1.7 1.41970-79 3.2 4.5 2.9 1.9 2 Bed, 1 Bath 3.5 3.4 2.8 2.21980-89 4.6 2.6 1.2 1.4 2 Bed, 2 Bath 5.6 14.1 1.0 2.31990-99 3 Bed 6.3 12.52000-04 Other2005 up 51.0 2.7 All 4.0 9.9 1.9 1.8To 1959 0.0 0.0 0.0 0.0 Efficiency 1.8 7.0 5.3 12.31960-69 5.1 3.5 3.0 3.6 1 Bed 6.9 3.2 4.0 2.81970-79 0.0 0.0 0.0 0.0 2 Bed, 1 Bath 3.8 2.3 0.8 0.81980-89 2 Bed, 2 Bath 0.0 0.0 0.0 0.01990-99 0.0 0.0 0.0 0.0 3 Bed 0.0 0.0 0.0 0.02000-04 Other 0.0 0.0 0.0 0.02005 up All 4.6 3.1 2.7 3.2To 1959 3.6 7.9 7.3 2.3 Efficiency 6.3 8.3 5.6 3.61960-69 4.6 4.2 6.0 3.7 1 Bed 5.8 7.1 5.6 3.21970-79 4.9 4.2 3.3 2.6 2 Bed, 1 Bath 6.1 5.7 4.3 3.21980-89 6.2 5.1 5.0 4.5 2 Bed, 2 Bath 7.4 7.2 5.4 4.21990-99 8.1 3.3 3.6 6.7 3 Bed 4.5 3.7 8.5 3.72000-04 5.5 5.1 3.4 3.7 Other 0.9 1.3 13.7 5.12005 up 10.7 17.8 12.8 3.6 All 6.1 6.8 5.6 3.5
* vacancy rate affected by new units leasing up
Den
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20132013
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Apartment Type
County
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apito
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Den
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apito
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Den
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(In Percent)by Market Area for Denver CountyVacancy Rates by Apartment Type
Den
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Par
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2014
Vacancy Rates by Age of Buildingby Market Area for Denver County
(In Percent)
2014
VI-11
County 4th 1st 2nd 3rd County Year Built 4th 1st 2nd 3rdDenver-Central/Capitol Hill To 1959 884.41 940.31 926.53 939.60Efficiency 721.95 741.42 722.53 788.07 1960-69 978.53 1016.49 1022.90 1013.381 Bed 1011.33 1020.83 990.06 1027.78 1970-79 973.11 1013.63 989.23 1086.092 Bed, 1 Bath 1227.00 1233.85 1247.11 1281.10 1980-89 1547.95 1490.36 1738.892 Bed, 2 Bath 1568.47 1562.86 1649.77 1571.19 1990-993 Bed 1585.96 1637.00 1706.52 1770.10 2000-04 1440.91 1441.00 1425.00All 1040.68 1056.15 1029.29 1054.51 2005 up 1465.08 1503.23 1512.06 1552.91Denver-Downtown Denver-Downtown To 1959 880.00 875.00 950.00 901.00Efficiency 1201.08 1253.13 1476.21 1191.10 1960-69 829.69 818.75 843.751 Bed 1407.46 1447.70 1512.54 1435.60 1970-79 691.01 949.222 Bed, 1 Bath 1375.31 1490.35 1248.56 1447.08 1980-89 1339.05 1361.65 1480.25 1454.342 Bed, 2 Bath 1762.82 1855.80 1915.82 1907.88 1990-99 1783.87 1633.603 Bed 2487.15 2335.78 2527.27 2764.45 2000-04 1422.73 1521.13 1643.03 1525.01All 1509.52 1557.17 1552.70 1550.82 2005 up 1691.15 1714.44 1725.35 1770.97Denver-East Central/Lowry To 1959 1001.53 1039.91 1057.00 1125.00Efficiency 778.70 730.15 878.88 1960-69 645.301 Bed 924.93 923.41 1027.52 859.76 1970-79 871.30 869.53 942.02 997.362 Bed, 1 Bath 1030.56 1028.72 1103.86 1080.62 1980-89 721.35 724.22 720.83 684.642 Bed, 2 Bath 1276.01 1381.05 1385.94 1364.00 1990-99 1315.22 1352.57 1445.643 Bed 1667.75 1671.16 1706.21 1597.27 2000-04 1156.32 1217.17 1257.02 1323.31All 1103.69 1122.89 1204.01 1052.40 2005 upDenver-Far SE Denver-Far SE To 1959 702.35Efficiency 765.76 745.86 813.67 805.54 1960-69 1500.001 Bed 856.04 843.51 911.20 898.78 1970-79 827.47 829.61 865.98 877.252 Bed, 1 Bath 983.44 911.04 970.70 1039.90 1980-89 982.28 979.46 1088.88 1081.662 Bed, 2 Bath 1146.31 1123.66 1264.75 1239.29 1990-99 1067.14 1228.44 1381.643 Bed 1300.79 1269.63 1419.14 1384.62 2000-04All 945.61 931.18 1009.55 999.08 2005 up 1254.59 1245.40 1337.75 1388.53Denver-North Central/City Park To 1959 822.52 880.12 925.88 943.88Efficiency 665.61 694.82 758.97 696.83 1960-69 840.30 916.20 866.24 942.181 Bed 1433.23 1399.48 1428.95 1353.70 1970-792 Bed, 1 Bath 1193.83 1212.50 1254.17 1287.50 1980-892 Bed, 2 Bath 2077.90 2106.20 2144.83 2080.71 1990-993 Bed 2202.16 2202.16 2326.32 2205.00 2000-04All 1514.04 1499.26 1473.96 1415.01 2005 up 1730.69 1694.36 1723.83 1652.08Denver-Northeast Denver-Northeast To 1959 776.33 842.50 780.38Efficiency 833.00 642.47 641.00 1017.00 1960-691 Bed 749.98 823.80 910.35 812.05 1970-79 770.70 735.93 815.55 776.212 Bed, 1 Bath 751.46 814.76 954.17 772.66 1980-892 Bed, 2 Bath 1157.32 1161.46 1233.19 1230.23 1990-99 1207.03 1223.19 1230.823 Bed 1050.00 1342.81 1480.53 1233.91 2000-04 1029.71 1081.19 1162.34 1085.46All 844.18 925.45 1016.99 932.90 2005 up 1559.81 1634.70Denver-Northwest Denver-Northwest To 1959 733.48 869.60 879.93 906.63Efficiency 1260.33 1227.31 1236.26 1325.58 1960-69 743.68 978.83 1076.67 1142.391 Bed 1047.66 1293.71 1256.09 1307.00 1970-79 825.00 650.00 650.00 795.002 Bed, 1 Bath 1131.26 1206.68 1262.57 1306.62 1980-89 672.50 752.57 761.46 757.602 Bed, 2 Bath 2488.00 2009.37 2009.17 2028.52 1990-993 Bed 2000-04All 1162.03 1323.87 1309.91 1361.14 2005 up 1786.21 1756.19 1701.96 1753.71Denver-South Central/Wash Park To 1959 828.31 784.87 733.33 829.33Efficiency 969.33 1146.32 1227.22 1025.23 1960-69 1027.19 849.10 949.77 1023.711 Bed 988.55 1098.83 1158.99 1045.22 1970-79 1014.00 978.65 1050.002 Bed, 1 Bath 1475.91 1492.00 1766.02 1565.49 1980-89 1407.65 1423.60 1695.16 1456.432 Bed, 2 Bath 1663.14 2043.06 1982.90 1811.64 1990-993 Bed 1191.56 1023.37 1238.57 1099.12 2000-04All 1173.33 1265.65 1366.70 1214.03 2005 up 846.29 1301.77 1394.65 835.55Denver-Southeast Denver-Southeast To 1959 697.98 794.55 732.73 823.09Efficiency 611.77 621.83 662.43 786.75 1960-69 792.69 822.74 805.61 824.291 Bed 782.11 771.28 800.29 826.30 1970-79 819.79 805.49 853.46 892.822 Bed, 1 Bath 901.79 906.18 956.21 973.66 1980-89 972.14 941.65 1023.34 993.602 Bed, 2 Bath 1015.35 997.78 1035.85 1045.32 1990-99 1091.22 1113.29 1124.87 1122.973 Bed 1380.22 1243.80 1285.47 1300.13 2000-04All 857.46 849.10 881.94 902.78 2005 upDenver-Southwest Denver-Southwest To 1959 509.44 522.08 569.58 564.58Efficiency 552.58 571.36 578.02 566.77 1960-69 724.83 720.56 719.50 724.271 Bed 858.78 862.37 885.33 944.58 1970-79 881.69 911.99 878.69 908.482 Bed, 1 Bath 1034.12 1030.29 1037.53 1073.87 1980-89 1002.66 955.24 1063.49 1096.022 Bed, 2 Bath 1086.66 1208.09 1167.97 1306.18 1990-993 Bed 2435.00 2370.00 2000-04All 943.36 982.70 960.24 1041.14 2005 up 1421.25 1479.07Denver-West Central Denver-West Central To 1959 758.33 865.00 916.67 973.33Efficiency 626.61 639.24 664.50 681.92 1960-69 692.98 702.91 709.64 723.601 Bed 662.82 676.14 679.92 702.22 1970-79 776.50 825.50 913.00 884.002 Bed, 1 Bath 749.28 759.69 766.16 766.27 1980-892 Bed, 2 Bath 2060.00 2060.00 2060.00 2060.00 1990-99 778.00 766.00 766.00 776.003 Bed 875.75 898.25 930.75 946.75 2000-04All 700.90 711.90 721.18 734.48 2005 upDenver County Denver County To 1959 862.50 920.45 910.95 926.42Efficiency 884.29 920.81 1035.47 946.85 1960-69 874.29 883.22 887.41 893.561 Bed 968.23 995.39 1023.56 1020.35 1970-79 829.63 820.95 856.07 877.542 Bed, 1 Bath 1015.52 1011.01 1060.99 1072.75 1980-89 1097.79 1097.33 1211.73 1172.722 Bed, 2 Bath 1353.31 1404.81 1449.08 1451.92 1990-99 1404.32 1241.42 1314.45 1438.663 Bed 1576.77 1473.50 1575.54 1601.54 2000-04 1275.78 1345.69 1408.99 1426.85All 1064.87 1092.97 1126.83 1118.11 2005 up 1481.23 1557.09 1593.16 1563.94
Denver-South Central/Wash Park
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
2013
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
2014
Denver-Central/Capitol Hill
Denver-East Central/Lowry
Denver-North Central/City Park
(In Dollars)by Market Area for Denver County
2014
Average Rents by Age of Building
(In Dollars)by Market Area for Denver CountyAverage Rents by Apartment Type
2013
VI-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdDenver-Central/Capitol Hill Denver-Central/Capitol HillUp to 8 709.91 742.78 781.50 835.83 Efficiency 697.60 693.69 697.73 721.009 to 50 888.54 930.50 930.31 960.03 1 Bed 931.40 945.92 937.25 960.0351 to 99 878.77 971.49 951.07 937.09 2 Bed, 1 Bath 1233.33 1247.60 1288.00 1287.22100 to 199 1248.82 1223.16 1228.89 1206.96 2 Bed, 2 Bath 1547.97 1654.20 1671.16 1777.69200 to 349 1424.42 1307.26 1123.46 1339.06 3 Bed 1400.00 1382.00 1488.00 1738.00350 and up All 949.36 964.00 941.80 983.55Denver-Downtown Denver-DowntownUp to 8 Efficiency 1188.94 1282.13 1464.30 1147.569 to 50 847.80 839.00 882.00 901.00 1 Bed 1363.00 1441.42 1544.93 1422.7851 to 99 2 Bed, 1 Bath 1344.70 1346.42 1406.14 1413.62100 to 199 1907.67 1850.18 1141.43 1249.26 2 Bed, 2 Bath 1703.71 1773.44 1846.11 1836.20200 to 349 1619.08 1638.80 1707.45 1713.69 3 Bed 2013.10 2013.50 2013.50 2013.50350 and up 1390.78 1446.35 1568.21 1451.03 All 1476.82 1520.38 1580.97 1491.62Denver-East Central/Lowry Denver-East Central/LowryUp to 8 781.25 793.75 Efficiency 835.00 829.75 912.259 to 50 833.67 896.06 1153.41 1125.00 1 Bed 952.16 955.05 1077.86 838.0951 to 99 710.28 686.50 704.24 684.64 2 Bed, 1 Bath 943.66 943.66 1018.66 1015.75100 to 199 1166.22 1203.13 1230.88 1323.31 2 Bed, 2 Bath 1310.02 1413.48 1363.47 1363.00200 to 349 1000.62 1053.20 1094.70 997.36 3 Bed 1703.69 1703.69 1828.69 1498.00350 and up 1236.50 1277.69 1349.11 All 1129.19 1109.33 1231.56 1014.77Denver-Far SE Denver-Far SEUp to 8 885.50 525.00 1500.00 Efficiency 698.65 691.45 707.95 726.909 to 50 799.09 1 Bed 790.56 780.48 799.99 797.4451 to 99 2 Bed, 1 Bath 955.70 885.00 909.91 977.54100 to199 894.57 867.40 948.88 909.30 2 Bed, 2 Bath 1109.78 1054.80 1256.40 1235.12200 to 349 996.23 1049.09 1168.91 1046.97 3 Bed 1326.38 1244.19 1391.36 1409.81350 and up 938.40 913.76 972.00 998.04 All 903.30 885.46 934.69 960.71Denver-N Central/City Park Denver-N Central/City ParkUp to 8 664.29 664.29 1500.00 Efficiency 665.32 645.74 804.00 645.359 to 50 836.51 899.68 930.84 943.43 1 Bed 1443.01 1488.29 1437.85 1436.1651 to 99 1462.50 1124.08 1546.25 2 Bed, 1 Bath 1300.00 1288.00 1282.00 1307.00100 to199 1837.14 1789.51 1903.08 2 Bed, 2 Bath 2001.77 2001.18 1999.02 2011.66200 to 349 1644.64 1675.42 1648.13 1678.54 3 Bed 2011.16 2011.16 2011.16 2010.38350 and up All 1448.78 1494.40 1439.65 1437.50Denver-Northeast Denver-NortheastUp to 8 840.00 842.50 Efficiency 838.00 568.04 568.04 1013.009 to 50 766.54 780.38 1 Bed 901.30 927.44 992.64 621.8151 to 99 2 Bed, 1 Bath 690.15 690.06 939.81 712.53100 to199 1559.81 1634.70 2 Bed, 2 Bath 1119.30 1170.40 1224.95 1193.23200 to 349 1207.03 1223.19 1230.82 3 Bed 1038.00 1292.05 1543.60 948.94350 and up 844.79 858.22 938.39 844.81 All 848.61 940.78 1014.16 957.03Denver-Northwest Denver-NorthwestUp to 8 737.50 709.38 727.91 749.77 Efficiency 1311.86 1312.14 1311.57 1314.679 to 50 763.80 1001.92 1058.26 1079.07 1 Bed 673.02 1491.43 1461.34 1512.2651 to 99 1631.51 1518.66 1582.74 2 Bed, 1 Bath 813.00 1044.00 1189.24 1193.14100 to199 1251.63 1415.51 1391.66 1423.39 2 Bed, 2 Bath 2013.50 2006.18 2007.10 2007.10200 to 349 3 Bed350 and up All 751.00 1316.77 1318.56 1387.36Denver-S Central/Wash Park Denver-S Central/Wash ParkUp to 8 956.58 925.00 927.78 927.78 Efficiency 983.71 1279.82 1286.93 1014.209 to 50 1001.26 954.67 1057.54 1010.84 1 Bed 917.00 875.00 1087.63 916.3651 to 99 725.61 2 Bed, 1 Bath 1780.36 1783.41 1864.03 1791.09100 to199 1252.12 1237.38 1361.74 2 Bed, 2 Bath 1432.00 2002.28 1773.67 1667.80200 to 349 740.36 1091.39 1288.72 778.17 3 Bed 742.44 739.33 740.81 739.93350 and up 1701.63 1715.55 1702.01 1723.26 All 985.78 992.80 1248.50 1001.00Denver-Southeast Denver-SoutheastUp to 8 Efficiency 592.71 611.97 677.75 878.169 to 50 821.88 1 Bed 786.84 745.97 781.83 812.6451 to 99 943.97 960.89 970.54 976.23 2 Bed, 1 Bath 892.18 886.38 918.44 944.03100 to199 944.23 946.71 968.92 999.32 2 Bed, 2 Bath 1053.11 999.70 986.23 1015.02200 to 349 847.31 840.77 864.55 897.99 3 Bed 1411.50 1402.50 1452.50 1427.50350 and up 820.40 792.00 863.43 774.75 All 844.50 826.85 873.91 895.04Denver-Southwest Denver-SouthwestUp to 8 800.00 784.38 840.63 740.63 Efficiency 586.25 587.00 599.00 610.119 to 50 558.82 561.18 608.43 620.59 1 Bed 866.37 895.56 886.30 939.2551 to 99 691.67 691.67 713.24 755.05 2 Bed, 1 Bath 1039.61 1056.22 1026.33 1101.80100 to199 724.83 720.56 719.50 724.27 2 Bed, 2 Bath 1126.80 1131.11 1164.67 1293.22200 to 349 985.36 1031.28 1022.76 1145.37 3 Bed 2013.50 2013.50350 and up 962.23 1008.15 1035.83 1050.57 All 929.47 925.80 943.77 1012.46Denver-West Central Denver-West CentralUp to 8 758.33 865.00 916.67 973.33 Efficiency 635.75 660.75 685.75 710.759 to 50 744.28 761.72 809.24 807.76 1 Bed 621.89 621.89 620.56 645.5651 to 99 2 Bed, 1 Bath 738.40 740.00 740.00 740.00100 to199 731.26 756.10 775.23 791.17 2 Bed, 2 Bath 2013.50 2013.50 2013.50 2013.50200 to 349 674.89 674.89 674.89 687.82 3 Bed 882.86 891.00 900.00 925.00350 and up All 729.37 732.47 733.79 733.79Denver County Denver CountyUp to 8 761.44 749.47 797.47 840.06 Efficiency 778.31 834.31 889.64 891.199 to 50 886.60 922.48 951.30 960.41 1 Bed 879.12 905.13 926.17 930.9851 to 99 844.13 962.17 947.85 975.22 2 Bed, 1 Bath 937.62 903.88 983.13 986.53100 to 199 1123.81 1102.65 1133.09 1116.41 2 Bed, 2 Bath 1211.71 1249.14 1351.89 1327.40200 to 349 1093.86 1197.56 1184.64 1190.65 3 Bed 1418.45 1343.54 1495.81 1438.00
All 961.70 972.35 1018.54 1003.56
for Denver County
Number of Units
Average Rents by Size of Building by Market Area Median Rents by Apartment Type by Market Area
(In Dollars)
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
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 and concessions.
Rents reflect units being unfurnished with tenants paying gas and electricity.
for Denver County(In Dollars)
20142014
350 and up
20132013
VI-13
County CountyApartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdDenver-Central/Capitol Hill Denver-Central/Capitol HillEfficiency 1.72 1.75 1.76 1.811 Bed 1.61 1.67 1.66 1.69 499 below 1.79 1.80 1.82 1.882 Bed, 1 Bath 1.48 1.51 1.52 1.57 500 to 749 1.54 1.62 1.62 1.632 Bed, 2 Bath 1.47 1.49 1.63 1.43 750 to 999 1.62 1.61 1.60 1.623 Bed 1.11 1.13 1.17 1.22 1000 above 1.32 1.37 1.31 1.41All 1.60 1.64 1.65 1.68Denver-Downtown Denver-DowntownEfficiency 1.70 1.87 1.98 1.921 Bed 1.74 1.81 1.90 1.91 499 below 1.78 2.05 1.78 2.012 Bed, 1 Bath 1.51 1.61 1.52 1.66 500 to 749 1.92 2.01 2.10 2.092 Bed, 2 Bath 1.55 1.65 1.73 1.74 750 to 999 1.68 1.77 1.86 1.803 Bed 1.51 1.36 1.41 1.69 1000 above 1.45 1.53 1.38 1.61All 1.66 1.75 1.75 1.85Denver-East Central/Lowry Denver-East Central/LowryEfficiency 1.52 1.42 1.711 Bed 1.32 1.33 1.46 1.37 499 below2 Bed, 1 Bath 1.18 1.18 1.27 1.28 500 to 749 1.34 1.34 1.49 1.372 Bed, 2 Bath 1.15 1.25 1.25 1.36 750 to 999 1.20 1.22 1.30 1.283 Bed 1.27 1.27 1.29 1.26 1000 above 1.17 1.24 1.25 1.31All 1.25 1.28 1.36 1.33Denver-Far SE Denver-Far SEEfficiency 1.51 1.51 1.61 1.581 Bed 1.20 1.17 1.27 1.27 499 below 1.55 1.58 1.57 1.592 Bed, 1 Bath 1.09 1.08 1.11 1.19 500 to 749 1.23 1.20 1.28 1.292 Bed, 2 Bath 1.12 1.11 1.23 1.21 750 to 999 1.17 1.12 1.22 1.243 Bed 1.07 1.05 1.05 0.99 1000 above 1.10 1.11 1.22 1.20All 1.19 1.16 1.25 1.26Denver-N Central/City Park Denver-N Central/City ParkEfficiency 1.67 1.75 2.06 1.771 Bed 1.77 1.79 1.83 1.81 499 below 1.75 1.82 2.06 1.852 Bed, 1 Bath 0.98 1.11 1.20 1.25 500 to 749 1.49 1.90 1.94 2.082 Bed, 2 Bath 1.77 1.82 1.85 1.91 750 to 999 1.77 1.75 1.79 1.653 Bed 1.61 1.61 1.70 1.64 1000 above 1.74 1.77 1.81 1.81All 1.75 1.78 1.87 1.81Denver-Northeast Denver-NortheastEfficiency 1.64 1.09 1.09 2.001 Bed 1.16 1.19 1.31 1.22 499 below2 Bed, 1 Bath 0.94 0.98 1.16 0.95 500 to 749 1.20 1.14 1.21 1.232 Bed, 2 Bath 1.11 1.09 1.15 1.15 750 to 999 0.94 1.07 1.24 1.033 Bed 1.11 1.04 1.13 0.89 1000 above 1.11 1.11 1.18 1.17All 1.11 1.11 1.21 1.15Denver-Northwest Denver-NorthwestEfficiency 2.61 2.51 2.55 2.571 Bed 1.56 1.72 1.67 1.73 499 below 2.49 2.50 2.56 2.582 Bed, 1 Bath 1.35 1.52 1.60 1.58 500 to 749 1.46 1.65 1.62 1.672 Bed, 2 Bath 2.52 2.02 2.02 2.03 750 to 999 2.03 1.84 1.84 1.863 Bed 1000 above 0.81 1.66 1.61 1.67All 1.72 1.78 1.76 1.80Denver-S Central/Wash Park Denver-S Central/Wash ParkEfficiency 1.92 1.95 2.07 1.971 Bed 1.46 1.60 1.71 1.55 499 below 1.87 1.74 1.77 1.792 Bed, 1 Bath 1.54 1.56 1.74 1.63 500 to 749 1.68 1.72 1.72 1.792 Bed, 2 Bath 1.42 1.64 1.59 1.50 750 to 999 1.13 1.43 1.79 1.243 Bed 1.00 0.86 0.98 0.91 1000 above 1.24 1.31 1.34 1.23All 1.39 1.50 1.57 1.45Denver-Southeast Denver-SoutheastEfficiency 1.37 1.44 1.51 1.841 Bed 1.15 1.13 1.18 1.24 499 below 1.38 1.46 1.51 1.832 Bed, 1 Bath 1.00 0.99 1.06 1.11 500 to 749 1.15 1.14 1.17 1.262 Bed, 2 Bath 1.01 0.98 1.04 1.07 750 to 999 1.02 1.01 1.08 1.133 Bed 1.11 1.02 1.06 1.07 1000 above 1.03 0.99 1.05 1.02All 1.09 1.07 1.13 1.21Denver-Southwest Denver-SouthwestEfficiency 1.73 1.82 1.63 1.751 Bed 1.23 1.24 1.26 1.34 499 below 1.73 1.80 1.73 1.752 Bed, 1 Bath 1.08 1.09 1.09 1.16 500 to 749 1.23 1.28 1.27 1.302 Bed, 2 Bath 1.06 1.17 1.11 1.23 750 to 999 1.12 1.10 1.13 1.263 Bed 1.64 1.60 1000 above 1.05 1.19 1.10 1.25All 1.17 1.22 1.21 1.30Denver-West Central Denver-West CentralEfficiency 1.79 1.83 1.90 1.951 Bed 1.38 1.40 1.43 1.48 499 below 1.49 1.52 1.54 1.592 Bed, 1 Bath 1.16 1.17 1.18 1.18 500 to 749 1.18 1.19 1.19 1.192 Bed, 2 Bath 2.17 2.17 2.17 2.17 750 to 999 1.00 1.08 1.16 1.163 Bed 1.12 1.14 1.18 1.20 1000 above 0.65 0.64 0.64 0.65All 1.32 1.34 1.36 1.39Denver County Denver CountyEfficiency 1.70 1.72 1.78 1.851 Bed 1.38 1.41 1.46 1.48 499 below 1.72 1.75 1.77 1.832 Bed, 1 Bath 1.15 1.16 1.22 1.24 500 to 749 1.37 1.40 1.44 1.492 Bed, 2 Bath 1.26 1.30 1.35 1.37 750 to 999 1.29 1.32 1.40 1.383 Bed 1.19 1.12 1.17 1.16 1000 above 1.23 1.26 1.26 1.32All 1.34 1.36 1.41 1.44
Average rents do not reflect "rental losses" from discounts and concessions. Average rents do not reflect "rental losses" due to concessions and discounts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
20132013
by Market Area for Denver CountyAverage Rent per Square Foot by Apartment Type
Rents are based on units being unfurnished with tenants paying gas and electricity.
(In Dollars)by Market Area for Denver County
Average Rent Per Square Foot by Apartment Unit Size
(In Dollars)20142014
VI-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 -10.8 6.3 0.7 -1.4 Up to 6 -5.8 7.1 3.0 -0.19 - 50 4.3 7.8 -3.3 11.2 9 - 50 8.7 11.1 4.2 14.751 - 99 -0.3 4.1 1.2 -0.8 51 - 99 5.0 9.2 5.3 1.7100 - 199 6.2 18.0 9.4 7.9 100 - 199 12.1 24.8 16.0 11.4200 to 349 3.7 10.0 10.4 6.8 200 to 349 10.9 20.5 17.6 10.2350 up 12.0 3.9 6.7 3.1 350 up 17.6 8.6 10.6 6.8 Age Age (year built)To 1959 5.3 12.9 6.2 10.2 To 1959 8.9 20.9 13.5 12.41960-69 3.1 3.9 -3.4 -2.3 1960-69 7.8 8.2 2.6 1.41970-79 9.1 8.3 10.6 10.9 1970-79 13.9 12.5 13.9 13.51980-89 9.4 11.9 5.5 4.4 1980-89 15.6 17.0 10.5 8.91990-99 34.9 22.2 4.9 4.3 1990-99 43.1 25.4 8.6 11.02000-04 0.1 5.0 7.5 -0.6 2000-04 5.6 10.1 10.9 3.02005 up -1.9 3.0 10.2 7.2 2005 up 8.7 20.8 23.0 10.8
Market Area Market AreaDenver-Central/Capitol Hill 3.0 8.1 8.6 7.4 Denver-Central/Capitol Hill 8.6 14.4 15.0 9.7Denver-Downtown -3.3 1.1 5.5 3.4 Denver-Downtown 7.6 12.9 13.2 7.7Denver-East Central/Lowry 23.2 6.6 7.0 12.2 Denver-East Central/Lowry 29.4 12.1 11.4 16.0Denver-Far SE 7.2 16.4 8.8 8.9 Denver-Far SE 12.6 21.6 12.4 12.1Denver-N Central/City Park 6.9 9.8 7.5 3.7 Denver-N Central/City Park 10.0 15.4 11.6 5.9Denver-Northeast 11.7 27.4 12.0 1.8 Denver-Northeast 18.0 30.3 16.8 5.4Denver-Northwest 5.4 16.9 14.2 8.1 Denver-Northwest 9.4 36.8 26.2 10.7Denver-S Central/Wash Park 3.0 3.1 8.5 -2.8 Denver-S Central/Wash Park 9.5 11.9 27.0 4.3Denver-Southeast 7.7 3.4 5.9 5.8 Denver-Southeast 12.2 6.8 9.3 9.4Denver-Southwest 19.9 9.7 8.6 11.4 Denver-Southwest 23.8 19.6 10.5 13.2Denver-West Central -12.9 -4.2 -7.0 -13.6 Denver-West Central -8.3 -1.0 -4.3 -10.3
Average 6.9 9.5 8.5 5.8 Average 13.0 16.3 14.1 9.2
and Market Area for Denver CountyEconomic Vacancy Rates by Size, AgeRental Losses by Size, Age
and Market Area for Denver County
Includes Concessions and Writeoffs
Average Rent Minus Rental Losses Equals Effective Rent
(In Percent) (In Percent)
as a Percentage of Gross Potential Rent
20132013 2014 2014
Defined as Physcial Vacancy Plus Concessions and Writeoffs
VI-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsDenver-Central/Capitol Hill 788.07 1027.78 1281.10 1571.19 1770.10 1054.51Denver-Downtown 1191.10 1435.60 1447.08 1907.88 2764.45 2311.20 1550.82Denver-East Central/Lowry 859.76 1080.62 1364.00 1597.27 1052.40Denver-Far SE 805.54 898.78 1039.90 1239.29 1384.62 1255.90 999.08Denver-N Central/City Park 696.83 1353.70 1287.50 2080.71 2205.00 1415.01Denver-Northeast 1017.00 812.05 772.66 1230.23 1233.91 1012.50 932.90Denver-Northwest 1325.58 1307.00 1306.62 2028.52 701.45 1361.14Denver-S Central/Wash Park 1025.23 1045.22 1565.49 1811.64 1099.12 804.67 1214.03Denver-Southeast 786.75 826.30 973.66 1045.32 1300.13 717.86 902.78Denver-Southwest 566.77 944.58 1073.87 1306.18 2370.00 1041.14Denver-West Central 681.92 702.22 766.27 2060.00 946.75 776.00 734.48Denver County Average 946.85 1020.35 1072.75 1451.92 1601.54 1045.82 1118.11
Buildings with up to 6 UnitsDenver-Central/Capitol Hill 650.00 771.50 1216.67 1132.50 892.50Denver-DowntownDenver-East Central/LowryDenver-Far SE 1500.00 1500.00Denver-N Central/City Park 1500.00 1500.00Denver-NortheastDenver-Northwest 375.00 675.00 821.50 445.00 741.79Denver-S Central/Wash Park 964.29 1100.00 500.00 927.78Denver-SoutheastDenver-SouthwestDenver-West Central 965.00 990.00 973.33Denver County Average 512.50 832.37 934.72 1207.50 472.50 890.53
Buildings with 7 to 36 UnitsDenver-Central/Capitol Hill 693.25 917.01 1201.58 1236.57 1321.43 946.80Denver-Downtown 901.00 901.00Denver-East Central/Lowry 1125.00 1125.00Denver-Far SEDenver-N Central/City Park 696.83 1065.76 1287.50 1400.00 943.43Denver-NortheastDenver-Northwest 967.54 1125.23 1195.00 1114.79Denver-S Central/Wash Park 779.00 873.66 1045.79 1700.00 1350.00 2800.00 1045.64Denver-Southeast 752.50 1030.00 821.88Denver-Southwest 372.63 762.38 636.86Denver-West Central 845.00 975.00 776.00 807.76Denver County Average 681.84 916.25 1175.54 1316.79 1266.07 1585.60 951.58
Buildings with 37 and Above UnitsDenver-Central/Capitol Hill 812.42 1125.92 1350.25 1628.04 2171.55 1125.46Denver-Downtown 1191.10 1439.43 1447.08 1907.88 2764.45 2311.20 1553.08Denver-East Central/Lowry 844.48 1080.62 1364.00 1597.27 1050.39Denver-Far SE 805.54 898.78 1039.90 1239.29 1383.78 1255.90 999.00Denver-N Central/City Park 1455.96 2080.71 2400.00 1652.08Denver-Northeast 1017.00 812.05 772.66 1230.23 1233.91 1012.50 932.90Denver-Northwest 1343.19 1324.74 1748.70 2426.34 710.00 1409.15Denver-S Central/Wash Park 1095.86 1104.89 1606.85 1818.94 1096.42 629.00 1247.24Denver-Southeast 786.75 826.95 973.23 1045.32 1300.13 717.86 903.28Denver-Southwest 613.46 951.41 1073.87 1306.18 2370.00 1052.73Denver-West Central 681.92 702.22 755.24 2060.00 912.50 723.60Denver County Average 974.70 1031.57 1065.62 1453.67 1615.72 987.58 1131.83
Buildings with 5 Stories and AboveDenver-Central/Capitol Hill 927.80 1183.53 1328.23 1498.89 1856.25 1192.39Denver-Downtown 1277.39 1490.60 1471.26 1935.78 2432.00 2464.58 1608.94Denver-East Central/LowryDenver-Far SE 1048.33 1156.58 1513.00 1192.35 1425.00 1675.00 1218.58Denver-N Central/City Park 1455.96 2080.71 2400.00 1652.08Denver-Northeast 587.50 662.50 712.50 937.50 1012.50 660.22Denver-Northwest 1343.19 1696.35 2044.15 2445.56 1753.71Denver-S Central/Wash Park 1214.82 1301.67 1959.24 1886.30 1096.42 806.22 1401.61Denver-Southeast 794.44 727.97 930.06 877.00 1112.50 619.00 809.19Denver-Southwest 613.46 763.87 868.45 724.27Denver-West Central 709.00 805.00 1008.00 2060.00 791.17Denver County Average 1080.55 1258.33 1349.95 1686.26 1353.54 1009.79 1342.07
Average Rents for Denver County(in dollars)
Efficency 1 Bed 3 Bed Other All
VI-16
(In Dollars)
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1110.20 1167.83 1334.93 1585.91 2263.88 1300.11 795.12 926.18 974.38 1300.91 1375.05 995.66 304.45
Patio or Balcony 1037.21 1050.55 1077.80 1460.60 1786.45 1165.47 688.36 892.68 1053.25 1138.75 828.64 891.32 274.15
Fireplace 1048.05 1006.61 1090.86 1396.97 1785.42 1136.38 861.18 1038.14 1055.26 1589.88 1352.47 1093.95 42.42
Nine-Foot Ceilings 1194.03 1227.52 1344.52 1583.16 2284.41 1364.25 738.54 864.14 979.54 1145.97 1192.67 911.42 452.83
Swimming Pool 1024.98 1008.18 1047.10 1414.59 1780.56 1129.78 825.33 1055.06 1174.09 1923.21 988.00 1079.63 50.15
Spa or Sauna 1078.05 1075.45 1209.04 1491.55 1824.52 1222.65 875.62 973.35 1000.89 1382.13 1376.84 1026.71 195.94
Exercise Room 1052.58 1062.76 1084.95 1468.64 1620.82 1171.96 692.11 879.82 1025.46 1156.41 1236.83 895.22 276.74
Sport Court 952.17 891.01 1001.44 1201.97 1042.20 978.68 945.89 1071.19 1107.04 1566.25 1896.89 1174.33 -195.65
Microwave 1191.34 1201.39 1254.29 1584.19 1720.92 1316.14 807.95 868.60 1002.32 1233.74 1439.85 949.15 366.99
Washer/Dryer Hookups 1179.48 1109.52 1084.06 1564.25 2041.88 1242.25 801.66 955.13 1064.79 1325.70 1320.06 1022.65 219.60
Garbage Disposal 987.14 1021.66 1071.69 1450.70 1602.09 1127.39 656.56 1002.97 1101.85 1549.56 1531.25 963.44 163.95
Dishwasher 1046.12 1043.42 1083.82 1453.32 1614.08 1152.79 683.74 864.03 984.92 1275.12 1114.42 845.13 307.66
Air Conditioning 1030.65 1039.94 1077.95 1455.15 1618.16 1147.11 652.11 867.03 1032.62 1244.58 1187.88 861.34 285.77
Ceiling Fan 948.50 1028.13 1011.01 1427.21 1783.24 1109.01 941.51 1002.02 1185.82 1502.43 1377.55 1138.08 -29.07
Attached Garage 1086.11 1307.99 1517.51 1636.93 1210.12 1340.60 907.33 982.96 1058.13 1409.66 1715.75 1083.27 257.34
Covered Parking 1057.94 1101.88 1175.82 1497.93 1686.18 1210.76 706.02 870.52 942.49 1263.40 1387.94 928.52 282.24
Clubhouse 1043.19 1076.89 1094.73 1481.66 1618.13 1184.53 809.90 897.42 1015.51 1266.56 1485.96 947.10 237.44
Business Center 1112.24 1068.94 1068.92 1508.40 1565.79 1181.32 832.10 953.50 1078.33 1330.92 1651.93 1028.49 152.82
Pets Allowed 995.92 1046.99 1094.60 1471.43 1790.26 1157.86 683.15 861.09 940.67 1105.94 802.84 858.64 299.23
Resident Pays Sewer/Water 1072.51 1082.15 1056.97 1487.27 1947.14 1191.16 744.53 884.69 1101.36 1249.77 1210.44 949.07 242.09
Unit Security/Alarm System 1114.28 1354.26 1780.40 1808.84 2086.60 1520.63 921.64 991.28 1029.38 1396.93 1558.74 1077.02 443.60
Handicapped Access 1127.09 1151.22 1175.87 1624.18 1656.29 1266.39 751.63 886.91 985.92 1193.34 1485.46 953.57 312.82
Heat Included in Rent 697.20 874.82 1051.37 1092.85 1055.96 893.31 1029.94 1040.45 1076.20 1474.22 1847.59 1152.65 -259.34
Average Rent for Apartment Building/Community Features and Amenities in Denver County
With Feature/Amenity Without Feature/Amenity
Feature/Amenity Efficiency 1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
VI-17
First Second Third Fourth Year-End2011 106239 106280 106470 106536 106239
41 190 66 215 512106280 106470 106536 106751 106751
4.9% 4.1% 4.1% 4.8% 4.8%101072 102105 102124 101672 101672
Units Vacant 5208 4365 4412 5079 5079357 1032 20 -452 957
2012 106751 107027 107162 107735 106751276 135 573 87 1071
107027 107162 107735 107822 1078224.2% 4.8% 4.3% 6.1% 6.1%
102521 102055 103109 101209 101209Units Vacant 4506 5107 4626 6613 6613
849 -466 1054 -1900 -4632013 107822 107822 107822 107822 107822
0 0 0 0 0107822 107822 107822 107822 107822
5.4% 4.6% 4.6% 6.1% 6.1%102042 102898 102901 101224 101224
Units Vacant 5780 4924 4921 6598 6598833 856 3 -1678 15
2014 107822 107822 1078220 0 0
107822 107822 1078226.8% 5.6% 3.5%
100454 101735 104072Units Vacant 7368 6087 3750
-770 512 2337
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 102938 0 1029382nd 102938 0 1029383rd 102938 79 1030174th 103017 37 103054
2008 1st 103054 0 1030542nd 103054 201 1032553rd 103255 151 1034064th 103406 203 103609
2009 1st 103609 1094 1047032nd 104703 609 1053123rd 105312 605 1059174th 105917 169 106086
2010 1st 106086 7 1060932nd 106093 0 1060933rd 106093 0 1060934th 106093 146 106239
2011 1st 106239 41 1062802nd 106280 190 1064703rd 106470 66 1065364th 106536 215 106751
2012 1st 106751 276 1070272nd 107027 135 1071623rd 107162 573 1077354th 107735 87 107822
2013 1st 107822 0 1078222nd 107822 0 1078223rd 107822 0 1078224th 107822 0 107822
2014 1st 107822 0 1078222nd 107822 0 1078223rd 107822 0 1078224th
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits Rented
Number Absorbed this Quarter/YearUnits to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits Rented
Number Absorbed this Quarter/Year
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Apartment Unit Absorption by Quarter and Year for Denver County
Estimate of New Apartments by Quarter for Denver County
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits Rented
Number Absorbed this Quarter/YearUnits to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits Rented
Number Absorbed this Quarter/Year
VI-18
Building Type 4th 1st 2nd 3rd
SizeUp to 8 6.7 1.9 2.9 13.19 - 50 5.4 4.2 3.6 6.551-99 5.5 3.6 3.4 2.7100 - 199 3.9 3.3 4.9 4.7200 to 349 4.1 3.4 5.2 9.2350 up 3.9 3.4 5.2 7.2
AgeTo 1959 4.6 2.0 4.5 5.81960-69 4.3 4.3 4.7 5.01970-79 3.8 3.8 4.4 8.81980-89 4.0 4.2 5.6 6.91990-99 4.9 3.0 5.8 6.72000-04 5.0 3.2 5.4 6.52005 up 3.3 2.7 5.0 9.5
Market AreaDenver-Central/Capitol Hill 4.2 2.9 4.8 6.7Denver-Downtown 4.5 3.3 5.5 5.8Denver-East Central/Lowry 4.6 2.5 5.8 6.3Denver-Far SE 4.0 3.4 5.3 10.4Denver-N Central/City Park 3.9 7.7 4.2 5.3Denver-Northeast 3.6 3.4 4.3 6.7Denver-Northwest 3.9 2.6 5.1 3.1Denver-S Central/Wash Park 5.5 4.6 4.6 23.3Denver-Southeast 3.8 3.7 4.6 5.2Denver-Southwest 3.7 3.8 4.6 4.3Denver-West Central 5.1 3.9 9.9 17.0
County Average 4.2 3.5 5.0 7.6
2013
Resident turnover is for respective months of February, May, August and November.
(In Percent)
for Denver CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
2014
VI-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225 1 0.0% 1 0.0%$226 to $250 1 0.0% 1 0.0%$251 to $275$276 to $300$301 to $325 2 0.0% 2 0.0%$326 to $350 2 0.0% 2 0.0%$351 to $375 1 3 33.3% 1 3 33.3%$376 to $400 1 39 2.6% 1 39 2.6%$401 to $425$426 to $450 2 0.0% 1 0.0% 3 0.0%$451 to $475 1 0.0% 1 0.0%$476 to $500 1 32 3.1% 1 28 3.6% 1 0.0% 2 61 3.3%$501 to $525 4 0.0% 1 0.0% 5 0.0%$526 to $550 21 0.0% 1 0.0% 22 0.0%$551 to $575 20 0.0% 10 0.0% 30 0.0%$576 to $600 25 0.0% 1 283 0.4% 14 0.0% 1 322 0.3%$601 to $625 1 222 0.5% 21 437 4.8% 1 5 20.0% 23 664 3.5%$626 to $650 2 77 2.6% 173 0.0% 5 0.0% 1 180 0.6% 3 435 0.7%$651 to $675 77 0.0% 17 156 10.9% 97 0.0% 17 330 5.2%$676 to $700 9 178 5.1% 14 462 3.0% 3 0.0% 23 643 3.6%$701 to $725 12 126 9.5% 91 0.0% 13 389 3.3% 80 0.0% 30 0.0% 25 716 3.5%$726 to $750 8 108 7.4% 6 377 1.6% 121 0.0% 7 81 8.6% 21 687 3.1%$751 to $775 20 0.0% 3 279 1.1% 4 45 8.9% 7 344 2.0%$776 to $800 128 0.0% 47 2115 2.2% 19 0.0% 3 0.0% 24 0.0% 47 2289 2.1%$801 to $825 6 168 3.6% 33 812 4.1% 10 0.0% 1 0.0% 39 991 3.9%$826 to $850 1 16 6.3% 9 628 1.4% 24 0.0% 7 0.0% 10 675 1.5%$851 to $875 13 662 2.0% 1 19 5.3% 42 0.0% 14 723 1.9%$876 to $900 6 113 5.3% 10 489 2.0% 2 45 4.4% 9 105 8.6% 27 752 3.6%$901 to $925 2 31 6.5% 8 156 5.1% 4 303 1.3% 8 182 4.4% 5 0.0% 22 677 3.2%$926 to $950 2 4 50.0% 6 446 1.3% 13 422 3.1% 1 0.0% 34 0.0% 1 0.0% 21 908 2.3%$951 to $975 3 0.0% 32 802 4.0% 10 356 2.8% 1 149 0.7% 3 0.0% 43 1313 3.3%$976 to $1000 2 105 1.9% 31 570 5.4% 8 171 4.7% 169 0.0% 4 0.0% 1 0.0% 41 1020 4.0%$1001 to 1025 5 106 4.7% 5 237 2.1% 5 297 1.7% 7 174 4.0% 1 0.0% 19 0.0% 22 834 2.6%$1026 to 1050 2 0.0% 2 78 2.6% 4 61 6.6% 14 397 3.5% 20 538 3.7%$1051 to 1075 24 0.0% 6 290 2.1% 1 113 0.9% 1 19 5.3% 8 446 1.8%$1076 to 1100 4 51 7.8% 15 416 3.6% 5 53 9.4% 3 49 6.1% 27 569 4.7%$1101 to 1125 20 0.0% 40 0.0% 3 62 4.8% 2 89 2.2% 6 0.0% 5 217 2.3%$1126 to 1150 6 347 1.7% 5 218 2.3% 2 61 3.3% 74 0.0% 13 700 1.9%$1151 to 1175 3 18 16.7% 1 0.0% 4 65 6.2% 10 0.0% 7 94 7.4%$1176 to 1200 2 0.0% 35 0.0% 1 35 2.9% 20 512 3.9% 1 0.0% 8 42 19.0% 29 627 4.6%$1201 to 1225 8 0.0% 1 63 1.6% 2 214 0.9% 4 0.0% 3 289 1.0%$1226 to 1250 1 89 1.1% 26 475 5.5% 3 67 4.5% 15 218 6.9% 29 0.0% 45 878 5.1%$1251 to 1275 6 51 11.8% 7 151 4.6% 1 31 3.2% 9 175 5.1% 21 0.0% 32 0.0% 23 461 5.0%$1276 to 1300 1 70 1.4% 18 516 3.5% 4 111 3.6% 12 211 5.7% 1 0.0% 35 909 3.9%$1301 to 1325 51 0.0% 9 400 2.3% 2 76 2.6% 57 0.0% 11 584 1.9%$1326 to 1350 4 59 6.8% 1 25 4.0% 2 41 4.9% 11 292 3.8% 1 0.0% 18 418 4.3%$1351 to 1375 1 46 2.2% 8 178 4.5% 3 0.0% 3 60 5.0% 1 0.0% 12 288 4.2%$1376 to 1400 9 159 5.7% 62 0.0% 4 0.0% 3 0.0% 9 228 3.9%$1401 to 1425 3 107 2.8% 24 303 7.9% 6 77 7.8% 38 0.0% 64 0.0% 33 589 5.6%$1426 to 1450 2 25 8.0% 3 280 1.1% 9 0.0% 8 0.0% 1 8 12.5% 6 330 1.8%$1451 to 1475 3 0.0% 7 331 2.1% 18 0.0% 7 0.0% 7 359 1.9%$1476 to 1400 1 8 12.5% 25 325 7.7% 2 99 2.0% 1 42 2.4% 3 38 7.9% 32 512 6.3%$1501 to 1525 5 60 8.3% 5 86 5.8% 1 30 3.3% 28 0.0% 11 204 5.4%$1526 to 1550 22 204 10.8% 4 0.0% 15 145 10.3% 37 353 10.5%$1551 to 1575 1 23 4.3% 2 0.0% 6 214 2.8% 1 31 3.2% 8 270 3.0%$1576 to 1500 31 0.0% 43 0.0% 1 2 50.0% 1 76 1.3%$1601 to 1625 9 0.0% 16 0.0% 25 0.0%$1626 to 1650 51 0.0% 7 378 1.9% 7 429 1.6%$1651 to 1675 5 0.0% 6 153 3.9% 6 0.0% 6 164 3.7%$1676 to 1600 38 0.0% 1 0.0% 2 15 13.3% 2 54 3.7%$1701 to 1725 4 194 2.1% 26 0.0% 5 111 4.5% 9 331 2.7%$1726 to 1750 2 40 5.0% 3 0.0% 32 0.0% 2 75 2.7%$1751 to 1775 4 0.0% 2 12 16.7% 2 16 12.5%$1776 to 1800 2 74 2.7% 6 42 14.3% 4 64 6.3% 1 0.0% 12 181 6.6%$1801 to 1825 4 74 5.4% 2 9 22.2% 6 83 7.2%$1826 to 1850 29 0.0% 1 0.0% 11 213 5.2% 11 243 4.5%$1851 to 1875 2 121 1.7% 2 36 5.6% 16 0.0% 4 173 2.3%$1876 to 1900 3 72 4.2% 3 72 4.2%$1901 to 1926 1 0.0% 2 14 14.3% 6 112 5.4% 8 127 6.3%$1926 to 1950 11 0.0% 7 0.0% 2 62 3.2% 2 80 2.5%$1951 to 1975 2 0.0% 1 2 50.0% 1 4 25.0%$1976 to 2000 2 29 6.9% 7 0.0% 16 115 13.9% 18 151 11.9%$2000 and up 1 0.0% 4 49 8.2% 11 81 13.6% 24 553 4.3% 6 123 4.9% 8 42 19.0% 53 849 6.2%TOTALS 96 2683 3.6% 467 14509 3.2% 124 3896 3.2% 230 5490 4.2% 19 518 3.7% 20 393 5.1% 956 27489 3.5%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver County
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225 1 0.0% 1 0.0%$226 to $250$251 to $275$276 to $300$301 to $325$326 to $350$351 to $375$376 to $400 1 28 3.6% 1 28 3.6%$401 to $425$426 to $450 2 0.0% 2 0.0%$451 to $475$476 to $500 1 32 3.1% 1 28 3.6% 2 60 3.3%$501 to $525 4 0.0% 4 0.0%$526 to $550 6 0.0% 1 0.0% 7 0.0%$551 to $575 12 0.0% 12 0.0%$576 to $600 22 0.0% 12 0.0% 14 0.0% 48 0.0%$601 to $625 1 140 0.7% 2 18 11.1% 3 158 1.9%$626 to $650 20 0.0% 11 0.0% 5 0.0% 36 0.0%$651 to $675 12 0.0% 6 0.0% 18 0.0%$676 to $700 2 55 3.6% 26 0.0% 2 81 2.5%$701 to $725 3 12 25.0% 35 0.0% 1 0.0% 3 48 6.3%$726 to $750 10 0.0% 61 0.0% 71 0.0%$751 to $775 18 0.0% 30 0.0% 48 0.0%$776 to $800 25 0.0% 1 110 0.9% 1 0.0% 1 136 0.7%$801 to $825 1 79 1.3% 1 60 1.7% 5 0.0% 2 144 1.4%$826 to $850 1 16 6.3% 96 0.0% 2 0.0% 1 114 0.9%$851 to $875 3 116 2.6% 2 0.0% 3 118 2.5%$876 to $900 1 2 50.0% 6 335 1.8% 3 0.0% 7 340 2.1%$901 to $925 1 0.0% 6 53 11.3% 2 0.0% 1 0.0% 6 57 10.5%$926 to $950 2 4 50.0% 78 0.0% 34 0.0% 2 116 1.7%$951 to $975 1 105 1.0% 3 0.0% 1 0.0% 1 109 0.9%$976 to $1000 2 95 2.1% 1 92 1.1% 6 0.0% 2 0.0% 2 0.0% 3 197 1.5%$1001 to 1025 3 0.0% 2 54 3.7% 8 0.0% 1 0.0% 2 66 3.0%$1026 to 1050 46 0.0% 4 0.0% 6 0.0% 56 0.0%$1051 to 1075 4 116 3.4% 5 0.0% 5 0.0% 4 126 3.2%$1076 to 1100 1 23 4.3% 4 58 6.9% 9 0.0% 9 0.0% 5 99 5.1%$1101 to 1125 14 0.0% 2 0.0% 5 0.0% 21 0.0%$1126 to 1150 3 0.0% 1 69 1.4% 13 0.0% 9 0.0% 1 94 1.1%$1151 to 1175 1 0.0% 1 0.0% 10 0.0% 12 0.0%$1176 to 1200 2 0.0% 35 0.0% 26 0.0% 3 0.0% 1 0.0% 67 0.0%$1201 to 1225 7 0.0% 1 0.0% 1 22 4.5% 4 0.0% 1 34 2.9%$1226 to 1250 1 50 2.0% 6 175 3.4% 6 0.0% 4 0.0% 2 0.0% 7 237 3.0%$1251 to 1275 1 12 8.3% 1 31 3.2% 5 0.0% 1 0.0% 2 49 4.1%$1276 to 1300 4 0.0% 1 46 2.2% 9 0.0% 1 0.0% 1 60 1.7%$1301 to 1325 14 0.0% 14 0.0%$1326 to 1350 1 25 4.0% 5 0.0% 16 0.0% 1 46 2.2%$1351 to 1375 3 0.0% 1 0.0% 4 0.0%$1376 to 1400 3 65 4.6% 33 0.0% 4 0.0% 3 102 2.9%$1401 to 1425 2 16 12.5% 14 0.0% 2 30 6.7%$1426 to 1450 7 0.0% 1 0.0% 8 0.0%$1451 to 1475 7 269 2.6% 18 0.0% 7 287 2.4%$1476 to 1400 53 0.0% 2 0.0% 55 0.0%$1501 to 1525 1 2 50.0% 1 2 50.0%$1526 to 1550 2 0.0% 1 0.0% 3 0.0%$1551 to 1575 2 0.0% 2 0.0%$1576 to 1500 26 0.0% 1 1 100.0% 1 27 3.7%$1601 to 1625$1626 to 1650 1 0.0% 1 0.0%$1651 to 1675 1 0.0% 1 0.0%$1676 to 1600 1 1 100.0% 1 1 100.0%$1701 to 1725 26 0.0% 26 0.0%$1726 to 1750 3 0.0% 2 0.0% 5 0.0%$1751 to 1775$1776 to 1800 7 0.0% 4 64 6.3% 1 0.0% 4 72 5.6%$1801 to 1825$1826 to 1850$1851 to 1875 1 0.0% 1 0.0%$1876 to 1900$1901 to 1926$1926 to 1950 2 51 3.9% 2 51 3.9%$1951 to 1975 1 2 50.0% 1 2 50.0%$1976 to 2000 2 10 20.0% 2 10 20.0%$2000 and up 1 0.0% 6 0.0% 7 0.0%TOTALS 17 682 2.5% 53 2235 2.4% 4 453 0.9% 10 241 4.1% 1 20 5.0% 85 3631 2.3%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Central/Capitol Hill
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 75 0.0% 75 0.0%$801 to $825 2 75 2.7% 2 75 2.7%$826 to $850$851 to $875$876 to $900$901 to $925 18 0.0% 18 0.0%$926 to $950 1 106 0.9% 1 106 0.9%$951 to $975 $976 to $1000 3 0.0% 3 0.0%$1001 to 1025 1 0.0% 1 102 1.0% 5 0.0% 1 108 0.9%$1026 to 1050 1 0.0% 1 0.0%$1051 to 1075 7 0.0% 7 0.0%$1076 to 1100$1101 to 1125$1126 to 1150 6 339 1.8% 6 0.0% 6 345 1.7%$1151 to 1175 3 18 16.7% 3 18 16.7%$1176 to 1200$1201 to 1225 17 0.0% 17 0.0%$1226 to 1250 39 0.0% 20 300 6.7% 20 339 5.9%$1251 to 1275 1 0.0% 3 0.0% 4 0.0%$1276 to 1300 1 70 1.4% 11 283 3.9% 2 17 11.8% 14 370 3.8%$1301 to 1325 8 0.0% 5 130 3.8% 5 138 3.6%$1326 to 1350 40 0.0% 40 0.0%$1351 to 1375 1 45 2.2% 1 100 1.0% 2 145 1.4%$1376 to 1400 18 0.0% 18 0.0%$1401 to 1425 3 104 2.9% 9 232 3.9% 6 77 7.8% 18 413 4.4%$1426 to 1450 2 25 8.0% 2 104 1.9% 4 129 3.1%$1451 to 1475 11 0.0% 11 0.0%$1476 to 1400 1 8 12.5% 25 325 7.7% 28 0.0% 26 361 7.2%$1501 to 1525 5 59 8.5% 1 21 4.8% 6 80 7.5%$1526 to 1550 22 192 11.5% 15 143 10.5% 37 335 11.0%$1551 to 1575 1 14 7.1% 1 14 7.1%$1576 to 1500 23 0.0% 17 0.0% 40 0.0%$1601 to 1625 8 0.0% 15 0.0% 23 0.0%$1626 to 1650 41 0.0% 2 324 0.6% 2 365 0.5%$1651 to 1675 4 0.0% 4 0.0%$1676 to 1600 34 0.0% 34 0.0%$1701 to 1725 4 194 2.1% 3 97 3.1% 7 291 2.4%$1726 to 1750 2 38 5.3% 2 38 5.3%$1751 to 1775 4 0.0% 3 0.0% 7 0.0%$1776 to 1800 5 0.0% 5 0.0%$1801 to 1825 4 74 5.4% 2 9 22.2% 6 83 7.2%$1826 to 1850 27 0.0% 11 213 5.2% 11 240 4.6%$1851 to 1875 2 120 1.7% 16 0.0% 2 136 1.5%$1876 to 1900$1901 to 1926 1 0.0% 5 0.0% 6 112 5.4% 6 118 5.1%$1926 to 1950 10 0.0% 2 0.0% 12 0.0%$1951 to 1975$1976 to 2000 2 26 7.7% 14 105 13.3% 16 131 12.2%$2000 and up 3 35 8.6% 1 6 16.7% 15 374 4.0% 3 73 4.1% 3 26 11.5% 25 514 4.9%TOTALS 24 919 2.6% 112 2531 4.4% 9 185 4.9% 70 1463 4.8% 3 73 4.1% 5 40 12.5% 223 5211 4.3%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Downtown
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-22
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$526 to $550$551 to $575 8 0.0% 8 0.0%$576 to $600 9 0.0% 9 0.0%$601 to $625 17 0.0% 17 0.0%$626 to $650 20 0.0% 20 0.0%$651 to $675 5 0.0% 5 0.0%$676 to $700 3 0.0% 3 0.0%$701 to $725 10 0.0% 10 0.0%$726 to $750 4 0.0% 4 0.0%$751 to $775 3 0.0% 3 0.0%$776 to $800 5 0.0% 5 0.0%$801 to $825 4 0.0% 4 0.0%$826 to $850 9 133 6.8% 9 133 6.8%$851 to $875 3 0.0% 3 0.0%$876 to $900 4 0.0% 4 0.0%$901 to $925$926 to $950$951 to $975 $976 to $1000$1001 to 1025 3 157 1.9% 3 157 1.9%$1026 to 1050$1051 to 1075$1076 to 1100 4 66 6.1% 4 66 6.1%$1101 to 1125 17 0.0% 17 0.0%$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 2 36 5.6% 2 36 5.6%$1351 to 1375 3 60 5.0% 3 60 5.0%$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400 3 36 8.3% 3 36 8.3%$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 30 0.0% 30 0.0%$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 upTOTALS 13 312 4.2% 5 193 2.6% 3 60 5.0% 3 66 4.5% 24 631 3.8%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - East Central/Lowry
One BedroomEfficiencies
VI-23
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$551 to $575 5 0.0% 2 0.0% 7 0.0%$576 to $600 3 0.0% 3 0.0% 6 0.0%$601 to $625 3 0.0% 16 0.0% 19 0.0%$626 to $650 1 0.0% 31 0.0% 32 0.0%$651 to $675 31 0.0% 9 27 33.3% 9 58 15.5%$676 to $700 1 108 0.9% 14 0.0% 1 122 0.8%$701 to $725 2 38 5.3% 29 0.0% 2 67 3.0%$726 to $750 3 67 4.5% 2 226 0.9% 5 293 1.7%$751 to $775 2 0.0% 2 0.0%$776 to $800 30 1645 1.8% 30 1645 1.8%$801 to $825 10 272 3.7% 10 272 3.7%$826 to $850 42 0.0% 42 0.0%$851 to $875 2 59 3.4% 2 59 3.4%$876 to $900 4 118 3.4% 4 118 3.4%$901 to $925 2 30 6.7% 2 21 9.5% 3 242 1.2% 2 32 6.3% 9 325 2.8%$926 to $950 1 23 4.3% 1 23 4.3%$951 to $975 14 108 13.0% 4 123 3.3% 1 74 1.4% 19 305 6.2%$976 to $1000 19 255 7.5% 6 156 3.8% 167 0.0% 25 578 4.3%$1001 to 1025 1 24 4.2% 30 0.0% 2 55 3.6% 3 109 2.8%$1026 to 1050 45 0.0% 9 259 3.5% 9 304 3.0%$1051 to 1075 24 0.0% 54 0.0% 78 0.0%$1076 to 1100 3 28 10.7% 3 96 3.1% 6 124 4.8%$1101 to 1125 20 0.0% 1 24 4.2% 1 44 2.3%$1126 to 1150 4 143 2.8% 27 0.0% 24 0.0% 4 194 2.1%$1151 to 1175$1176 to 1200 8 42 19.0% 8 42 19.0%$1201 to 1225$1226 to 1250 8 150 5.3% 26 0.0% 8 176 4.5%$1251 to 1275 6 136 4.4% 20 0.0% 32 0.0% 6 188 3.2%$1276 to 1300 7 210 3.3% 1 48 2.1% 4 24 16.7% 12 282 4.3%$1301 to 1325 1 122 0.8% 2 54 3.7% 3 176 1.7%$1326 to 1350 11 276 4.0% 11 276 4.0%$1351 to 1375$1376 to 1400$1401 to 1425 24 0.0% 64 0.0% 88 0.0%$1426 to 1450 2 0.0% 2 0.0%$1451 to 1475$1476 to 1400 2 18 11.1% 1 0.0% 2 19 10.5%$1501 to 1525 28 0.0% 28 0.0% 56 0.0%$1526 to 1550$1551 to 1575 6 0.0% 3 80 3.8% 3 86 3.5%$1576 to 1500$1601 to 1625$1626 to 1650 5 53 9.4% 5 53 9.4%$1651 to 1675 5 142 3.5% 6 0.0% 5 148 3.4%$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 upTOTALS 12 385 3.1% 113 3635 3.1% 19 796 2.4% 51 1384 3.7% 139 0.0% 8 80 10.0% 203 6419 3.2%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Far Southeast
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-24
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 5 0.0% 5 0.0%$551 to $575$576 to $600$601 to $625$626 to $650 1 31 3.2% 1 31 3.2%$651 to $675$676 to $700$701 to $725$726 to $750 6 0.0% 6 0.0%$751 to $775$776 to $800 9 0.0% 9 0.0%$801 to $825 2 9 22.2% 2 9 22.2%$826 to $850$851 to $875$876 to $900$901 to $925$926 to $950 1 25 4.0% 1 25 4.0%$951 to $975 $976 to $1000 1 15 6.7% 1 15 6.7%$1001 to 1025$1026 to 1050$1051 to 1075 17 0.0% 17 0.0%$1076 to 1100$1101 to 1125$1126 to 1150$1151 to 1175$1176 to 1200 1 2 50.0% 1 2 50.0%$1201 to 1225 2 0.0% 2 0.0%$1226 to 1250$1251 to 1275$1276 to 1300 19 0.0% 19 0.0%$1301 to 1325 8 0.0% 8 0.0%$1326 to 1350$1351 to 1375$1376 to 1400 3 0.0% 3 0.0%$1401 to 1425$1426 to 1450 1 163 0.6% 1 163 0.6%$1451 to 1475 51 0.0% 51 0.0%$1476 to 1400 1 0.0% 1 0.0%$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 9 0.0% 9 0.0%$1951 to 1975$1976 to 2000$2000 and up 3 61 4.9% 16 0.0% 3 77 3.9%TOTALS 3 60 5.0% 3 290 1.0% 1 12 8.3% 3 70 4.3% 20 0.0% 10 452 2.2%
One BathroomOne Bedroom Two Bathroom
Vacancy Rates During the Current QuarterDenver - North Central/City Park
Efficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree Bedroom
Two BedroomTwo Bedroom
VI-25
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 258 0.4% 1 258 0.4%$601 to $625 19 384 4.9% 19 384 4.9%$626 to $650$651 to $675 96 0.0% 96 0.0%$676 to $700$701 to $725 13 384 3.4% 80 0.0% 13 464 2.8%$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 34 0.0% 34 0.0%$951 to $975 11 232 4.7% 11 232 4.7%$976 to $1000$1001 to 1025 4 68 5.9% 1 75 1.3% 14 0.0% 5 157 3.2%$1026 to 1050$1051 to 1075$1076 to 1100 4 160 2.5% 4 160 2.5%$1101 to 1125$1126 to 1150 2 17 11.8% 2 17 11.8%$1151 to 1175 4 64 6.3% 4 64 6.3%$1176 to 1200 17 372 4.6% 17 372 4.6%$1201 to 1225$1226 to 1250$1251 to 1275 9 170 5.3% 9 170 5.3%$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 2 73 2.7% 2 73 2.7%$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550$1551 to 1575 1 31 3.2% 1 31 3.2%$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 3 72 4.2% 3 72 4.2%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 4 68 5.9% 38 1182 3.2% 19 561 3.4% 29 694 4.2% 1 65 1.5% 14 0.0% 91 2584 3.5%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Northeast
One BedroomEfficiencies
VI-26
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225$226 to $250$251 to $275$276 to $300$301 to $325$326 to $350$351 to $375 1 0.0% 1 0.0%$376 to $400$401 to $425$426 to $450 1 0.0% 1 0.0%$451 to $475$476 to $500$501 to $525$526 to $550$551 to $575$576 to $600$601 to $625$626 to $650 1 0.0% 1 0.0%$651 to $675 5 90 5.6% 1 0.0% 5 91 5.5%$676 to $700 1 0.0% 1 0.0% 2 0.0%$701 to $725 30 0.0% 30 0.0%$726 to $750 3 0.0% 3 0.0%$751 to $775 4 0.0% 4 0.0%$776 to $800 4 0.0% 4 0.0%$801 to $825 2 0.0% 2 0.0%$826 to $850$851 to $875 9 0.0% 1 0.0% 10 0.0%$876 to $900 32 0.0% 32 0.0%$901 to $925$926 to $950 1 0.0% 1 0.0%$951 to $975 $976 to $1000 1 0.0% 1 0.0%$1001 to 1025$1026 to 1050$1051 to 1075$1076 to 1100 3 0.0% 3 0.0%$1101 to 1125$1126 to 1150$1151 to 1175$1176 to 1200 7 0.0% 21 0.0% 28 0.0%$1201 to 1225 1 0.0% 4 0.0% 5 0.0%$1226 to 1250$1251 to 1275 1 0.0% 1 0.0%$1276 to 1300$1301 to 1325 43 0.0% 43 0.0%$1326 to 1350$1351 to 1375 1 0.0% 1 0.0%$1376 to 1400 11 0.0% 11 0.0%$1401 to 1425 3 0.0% 3 0.0%$1426 to 1450$1451 to 1475 3 0.0% 3 0.0%$1476 to 1400$1501 to 1525 1 0.0% 4 65 6.2% 4 66 6.1%$1526 to 1550 12 0.0% 12 0.0%$1551 to 1575 3 0.0% 3 0.0%$1576 to 1500 8 0.0% 1 0.0% 9 0.0%$1601 to 1625 1 0.0% 1 0.0% 2 0.0%$1626 to 1650 10 0.0% 10 0.0%$1651 to 1675 1 0.0% 1 0.0%$1676 to 1600 4 0.0% 1 0.0% 5 0.0%$1701 to 1725$1726 to 1750 2 0.0% 2 0.0%$1751 to 1775$1776 to 1800 2 69 2.9% 2 69 2.9%$1801 to 1825$1826 to 1850 2 0.0% 1 0.0% 3 0.0%$1851 to 1875 1 0.0% 1 0.0%$1876 to 1900$1901 to 1926$1926 to 1950 1 0.0% 1 0.0% 2 0.0%$1951 to 1975 2 0.0% 2 0.0%$1976 to 2000 3 0.0% 1 0.0% 4 0.0%$2000 and up 1 14 7.1% 9 0.0% 2 43 4.7% 3 66 4.5%TOTALS 55 0.0% 12 335 3.6% 52 0.0% 2 65 3.1% 31 0.0% 14 538 2.6%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Northwest
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-27
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$501 to $525$526 to $550$551 to $575 2 0.0% 2 0.0%$576 to $600 1 0.0% 1 0.0%$601 to $625$626 to $650 1 180 0.6% 1 180 0.6%$651 to $675$676 to $700 6 15 40.0% 6 15 40.0%$701 to $725 8 0.0% 8 0.0%$726 to $750 4 14 28.6% 7 81 8.6% 11 95 11.6%$751 to $775$776 to $800 19 0.0% 8 38 21.1% 8 57 14.0%$801 to $825 1 5 20.0% 2 71 2.8% 3 76 3.9%$826 to $850 154 0.0% 154 0.0%$851 to $875 1 30 3.3% 30 0.0% 1 60 1.7%$876 to $900$901 to $925 50 0.0% 50 0.0%$926 to $950$951 to $975 3 0.0% 82 0.0% 85 0.0%$976 to $1000 7 0.0% 2 8 25.0% 2 15 13.3%$1001 to 1025 10 0.0% 1 6 16.7% 1 2 50.0% 2 18 11.1%$1026 to 1050 1 0.0% 2 32 6.3% 4 12 33.3% 6 45 13.3%$1051 to 1075 1 14 7.1% 1 14 7.1%$1076 to 1100 36 0.0% 1 0.0% 37 0.0%$1101 to 1125 9 0.0% 9 0.0%$1126 to 1150 5 0.0% 4 0.0% 9 0.0%$1151 to 1175$1176 to 1200 8 0.0% 8 0.0%$1201 to 1225 1 58 1.7% 2 0.0% 1 60 1.7%$1226 to 1250$1251 to 1275 6 49 12.2% 6 49 12.2%$1276 to 1300$1301 to 1325$1326 to 1350 4 19 21.1% 1 0.0% 4 20 20.0%$1351 to 1375 7 78 9.0% 7 78 9.0%$1376 to 1400 4 21 19.0% 4 21 19.0%$1401 to 1425 13 55 23.6% 13 55 23.6%$1426 to 1450 13 0.0% 7 0.0% 20 0.0%$1451 to 1475 7 0.0% 7 0.0%$1476 to 1400 1 40 2.5% 1 40 2.5%$1501 to 1525$1526 to 1550 2 0.0% 1 0.0% 3 0.0%$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675 1 10 10.0% 1 10 10.0%$1676 to 1600 1 14 7.1% 1 14 7.1%$1701 to 1725 2 14 14.3% 2 14 14.3%$1726 to 1750$1751 to 1775 2 9 22.2% 2 9 22.2%$1776 to 1800 6 35 17.1% 6 35 17.1%$1801 to 1825$1826 to 1850$1851 to 1875 2 35 5.7% 2 35 5.7%$1876 to 1900$1901 to 1926 2 9 22.2% 2 9 22.2%$1926 to 1950 6 0.0% 6 0.0%$1951 to 1975$1976 to 2000 6 0.0% 6 0.0%$2000 and up 10 66 15.2% 4 74 5.4% 1 12 8.3% 5 16 31.3% 20 168 11.9%TOTALS 21 157 13.4% 39 652 6.0% 27 270 10.0% 12 228 5.3% 8 94 8.5% 6 197 3.0% 113 1598 7.1%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - South Central/Wash Park
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-28
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$576 to $600$601 to $625 1 0.0% 1 5 20.0% 1 6 16.7%$626 to $650 1 25 4.0% 2 0.0% 1 27 3.7%$651 to $675 34 0.0% 1 10 10.0% 1 44 2.3%$676 to $700 14 413 3.4% 2 0.0% 14 415 3.4%$701 to $725 20 0.0% 1 0.0% 4 0.0% 25 0.0%$726 to $750 1 11 9.1% 2 0.0% 3 0.0% 1 16 6.3%$751 to $775 3 122 2.5% 3 122 2.5%$776 to $800 8 312 2.6% 1 0.0% 2 0.0% 8 315 2.5%$801 to $825 15 337 4.5% 1 0.0% 15 338 4.4%$826 to $850 81 0.0% 13 0.0% 7 0.0% 101 0.0%$851 to $875 6 335 1.8% 12 0.0% 6 347 1.7%$876 to $900 5 111 4.5% 2 42 4.8% 9 105 8.6% 16 258 6.2%$901 to $925 14 0.0% 1 56 1.8% 6 149 4.0% 7 219 3.2%$926 to $950 2 112 1.8% 12 364 3.3% 1 0.0% 1 0.0% 14 478 2.9%$951 to $975 5 103 4.9% 6 144 4.2% 74 0.0% 11 321 3.4%$976 to $1000 10 208 4.8% 1 0.0% 10 209 4.8%$1001 to 1025 56 0.0% 5 119 4.2% 5 175 2.9%$1026 to 1050 2 48 4.2% 2 48 4.2%$1051 to 1075$1076 to 1100 5 40 12.5% 3 40 7.5% 8 80 10.0%$1101 to 1125 6 0.0% 6 0.0%$1126 to 1150 41 0.0% 41 0.0%$1151 to 1175$1176 to 1200 3 108 2.8% 3 108 2.8%$1201 to 1225 3 0.0% 3 0.0%$1226 to 1250 3 61 4.9% 7 64 10.9% 1 0.0% 10 126 7.9%$1251 to 1275$1276 to 1300 5 70 7.1% 5 70 7.1%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450 1 8 12.5% 1 8 12.5%$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 upTOTALS 7 202 3.5% 64 2053 3.1% 29 789 3.7% 40 841 4.8% 1 15 6.7% 1 7 14.3% 142 3907 3.6%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Southeast
One BedroomEfficiencies
VI-29
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225$226 to $250 1 0.0% 1 0.0%$251 to $275$276 to $300$301 to $325 2 0.0% 2 0.0%$326 to $350 2 0.0% 2 0.0%$351 to $375 1 2 50.0% 1 2 50.0%$376 to $400 11 0.0% 11 0.0%$401 to $425$426 to $450$451 to $475 1 0.0% 1 0.0%$476 to $500$501 to $525$526 to $550$551 to $575$576 to $600$601 to $625 79 0.0% 1 0.0% 80 0.0%$626 to $650$651 to $675 2 18 11.1% 2 18 11.1%$676 to $700 5 0.0% 5 0.0%$701 to $725 16 0.0% 16 0.0%$726 to $750 4 84 4.8% 1 0.0% 4 85 4.7%$751 to $775 124 0.0% 4 41 9.8% 4 165 2.4%$776 to $800 5 0.0% 14 0.0% 19 0.0%$801 to $825 3 0.0% 3 0.0%$826 to $850 122 0.0% 2 0.0% 124 0.0%$851 to $875 1 110 0.9% 1 16 6.3% 2 126 1.6%$876 to $900$901 to $925 3 0.0% 3 0.0%$926 to $950 2 125 1.6% 2 125 1.6%$951 to $975 1 254 0.4% 1 254 0.4%$976 to $1000$1001 to 1025 36 0.0% 36 0.0%$1026 to 1050 3 84 3.6% 3 84 3.6%$1051 to 1075 2 96 2.1% 1 108 0.9% 3 204 1.5%$1076 to 1100$1101 to 1125 3 60 5.0% 1 60 1.7% 4 120 3.3%$1126 to 1150$1151 to 1175$1176 to 1200$1201 to 1225 1 168 0.6% 1 168 0.6%$1226 to 1250$1251 to 1275$1276 to 1300 3 108 2.8% 3 108 2.8%$1301 to 1325 3 148 2.0% 57 0.0% 3 205 1.5%$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 3 134 2.2% 3 134 2.2%$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 2 16 12.5% 2 16 12.5%TOTALS 1 98 1.0% 15 1108 1.4% 10 452 2.2% 10 443 2.3% 2 16 12.5% 38 2117 1.8%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Southwest
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
VI-30
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 9 0.0% 9 0.0%$551 to $575$576 to $600$601 to $625$626 to $650 108 0.0% 108 0.0%$651 to $675$676 to $700$701 to $725 7 48 14.6% 7 48 14.6%$726 to $750 114 0.0% 114 0.0%$751 to $775$776 to $800 24 0.0% 24 0.0%$801 to $825 5 68 7.4% 5 68 7.4%$826 to $850 7 0.0% 7 0.0%$851 to $875$876 to $900$901 to $925 5 0.0% 5 0.0%$926 to $950$951 to $975 4 0.0% 3 0.0% 7 0.0%$976 to $1000 2 0.0% 2 0.0%$1001 to 1025 1 8 12.5% 1 8 12.5%$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 1 0.0% 1 0.0%TOTALS 7 57 12.3% 5 176 2.8% 1 133 0.8% 1 0.0% 10 0.0% 24 0.0% 13 401 3.2%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - West Central
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
DEFINITION OF DENVER COUNTY MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries:
Denver-Central North: Twelfth Avenue and Colfax; East: Colorado Blvd.; South: Alameda; West: Washington and Broadway
Denver-Downtown North: Wewatta/Wynkoop Streets; East: Washington, Welton, Downing,
38th; South: Twelfth; West: Osage/5th Street, including Golden Triangle (Broadway on east and Speer Blvd. on west and south)
Denver-E. Central North: Colfax; East: City and County of Denver line; South: Alameda;
West: Colorado Blvd. Denver-Far S.E. North: Evans and Iliff; East and South: City and County of Denver
boundary; West: Colorado Blvd. Denver - N. Central North: City and County Denver boundary; East: Colorado Blvd.; South:
Twelfth and Colfax; West: Washington, Welton, Downing, 38th Street, I-25
Denver-Northeast North and East: City and County of Denver line; South: Colfax; West:
Colorado Blvd. Denver-Northwest North: City and County of Denver boundary; East: I-25; South: Colfax;
West: City and County of Denver boundary Denver-S. Central North: Alameda; East: Colorado Blvd.; South: City and County of
Denver line; West: Broadway Denver-Southeast North: Alameda; East: City and County of Denver line; South:
Evans/Iliff; West: Colorado Blvd. except for the City of Glendale Denver-Southwest North: Alameda; East: Broadway; South and West: City and County of
Denver boundary Denver-W Central North: Colfax and Twelfth; East: I-25 and Broadway; South: Alameda;
West: City and County of Denver line Census Tracts: Denver - Central 27.02, 27.03, 28.01, 28.02, 28.03, 32.01, 32.02, 32.03, 33.00, 37.02,
37.03, 38.00 Denver - Downtown 15.00 (pt), 16.00 (pt), 17.01, 17.02, 19.00 (pt), 20.00, 24.01 (pt), 25.00,
26.01, 26.02 (pt), 27.01 Denver- East Central 43.01, 43.02, 43.03, 43.04, 43.05, 44.01, 44.02 Denver- Far Southeast 40.03, 40.04, 67.01, 67.51, 68.02, 68.04, 68.09, 68.10. 68.11, 68.12,
68.14, 68.53, 70.06 Denver- North Central 16.00 (pt), 23.00, 24.01 (pt), 24.02, 26.02, 31.01, 31.02, 35.00, 36.01,
36.02, 36.03, 37.01 Denver-Northeast 41.01, 41.02, 41.03, 41.04, 41.05, 42.01, 42.02, 44.01 (pt), 83.04,
83.05, 83.06, 83.11, 83.12
Denver-Northwest 1.01, 1.02, 2.01, 2.02, 3.01, 3.02, 3.03, 4.01, 4.02, 5.01, 5.02, 6.00,
7.01 (pt), 7.02 (pt), 11.01, 11.02, 106.01 Denver-South Central 29.01, 29.02, 30.01, 30.02, 30.03, 30.04, 30.5, 39.01, 39.02, 40.02,
40.05, 40.06 Denver-Southeast 49.00, 50.1, 50.2, 51.02, 51.03, 51.04, 52.00, 53.00, 53.96, 69.01,
69.51, 70.13, 70.36, 70.37 Denver-Southwest 13.01, 13.02, 14.01, 14.02, 45.01, 45.02, 46.01, 46.02, 46.03, 47.00,
48.01, 48.02, 54.02, 55.02, 55.03, 119.02, 120.01, 120.10 Denver-West Central 7.01(pt), 7.02 (pt), 8.00, 9.01, 902, 9.03, 10.00, 18.00, 19.00 (pt), 21.00
GraphsVacancy Rate by Quarter VII-1Average Rent by Quarter VII-1Vacancy Rate by Market Area by Quarter VII-2Average Rent by Market Area by Apartment Type VII-2Vacancy Rate by Age of Building VII-3Vacancy Rate by Size of Building VII-3Rent per Square Foot by Apartment Type VII-4Rent per Square Foot by Apartment Unit Size VII-4Estimate of Total Apartments by Year VII-5New Apartment Units Added by Year VII-5Vacancy Rates by Market Area by Apartment Type VII-6Vacancy Rate by Apartment Type by Quarter VII-6Median Rent by Apartment Type by Quarter VII-7Average Rent by Size of Building by Quarter VII-7
TablesVacancy Rates by Market Area VII-8Vacancy Rates by Size of Building by Market Area VII-9Vacancy Rates by Size of Apartment Unit by Market Area VII-9Vacancy Rates by Age of Building by Market Area VII-10Vacancy Rates by Apartment Type by Market Area VII-10
Average Rents by Apartment Type by Market Area VII-11Average Rents by Age of Building by Market Area VII-11Average Rents by Size of Building by Market Area VII-12Median Rents by Apartment Type by Market Area VII-12
Average Rent per Square Foot by Apartment Type by Market Area VII-13Average Rent per Square Foot by Apartment Unit Size by Market Area VII-13
Rental Losses by Size, Age and Market Area VII-14Economic Vacancy Rates by Size, Age and Market Area VII-14
Average Rents for Douglas County VII-15Average Rent for Apartment Building/Community Features and Amenities VII-16
Apartment Unit Absorption by Quarter and Year VII-17Estimate of New Apartments by Quarter VII-17Monthly Resident Turnover by Size, Age and Market Area VII-18
Vacancy Rates During the Current Quarter - Douglas County Cumulative Totals VII-19Vacancy Rates During the Current Quarter - Castle Rock VII-20Vacancy Rates During the Current Quarter - Douglas - North VII-21
Market Area Descriptions and Census Tracts VII-22
Table of Contents
Section VII - Douglas County
VII-1
0
5
10
15
20
25
30
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Douglas County
800.00
900.00
1000.00
1100.00
1200.00
1300.00
1400.00
1500.00
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Douglas County
VII-2
0
1
2
3
4
5
6
Castle Rock Douglas - North Doulgas County Average
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Douglas County
13 Q313 Q414 Q114 Q3
0
500
1000
1500
2000
2500
Castle Rock Douglas - North Doulgas County Average
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Douglas County
Efficiency1 Bed2 Bed, 1 Bath2 Bed, 2 Bath3 BedAll
VII-3
0
1
2
3
4
5
6
7
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Douglas County
13 Q3
13 Q4
14 Q1
14 Q3
0
1
2
3
4
5
6
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Douglas County
13 Q3
13 Q4
14 Q1
14 Q3
VII-4
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Douglas County
13 Q3 13 Q4
14 Q1 14 Q3
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Douglas County
13 Q3
13 Q4
14 Q1
14 Q3
VII-5
2000
4000
6000
8000
10000
12000
1400096
Q1
96 Q
296
Q3
96 Q
497
Q1
97 Q
297
Q3
97 Q
498
Q1
98 Q
298
Q3
98 Q
499
Q1
99 Q
299
Q3
99 Q
400
Q1
00 Q
200
Q3
00 Q
401
Q1
01 Q
201
Q3
01 Q
402
Q1
02 Q
202
Q3
02 Q
403
Q1
03 Q
203
Q3
03 Q
404
Q1
04 Q
204
Q3
04 Q
405
Q1
05 Q
205
Q3
05 Q
406
Q1
06 Q
206
Q3
06 Q
407
Q1
07 Q
207
Q3
07 Q
408
Q1
08 Q
208
Q3
08 Q
409
Q1
09 Q
209
Q3
09 Q
410
Q1
10 Q
210
Q3
10 Q
411
Q1
11 Q
211
Q3
11 Q
412
Q1
12 Q
212
Q3
12 Q
413
Q1
13 Q
213
Q3
13 Q
414
Q1
14 Q
214
Q3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Douglas County
342
0
336
696
0 31 4 16
780
4
220
0 0
422
126
958
202
274
80
909
10 0 0 0
662
168
357
0
340
0 0 0 0 0
325
133
382 325
0 0 0 0 0 0 0
270
370
88 137
0 0
210
0 0
210
0 0 0 0 0 0 0 0 62
0 0
232
60 83 48
0 0 0
421
0 0
200
400
600
800
1000
1200
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Douglas County
VII-6
0
1
2
3
4
5
6
Castle Rock Douglas - North Douglas County Average
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Douglas County
Efficiency One bedroom
Two bed, one bath Two bed, two bath
Three bedroom All
0
2
4
6
8
10
12
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Douglas County
13 Q313 Q414 Q114 Q3
VII-7
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Douglas County
13 Q3
13 Q4
14 Q1
14 Q3
$0.00 $0.00
$1,372.28
$0.00 0
200
400
600
800
1000
1200
1400
1600
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building for Douglas County
VII-8
County 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 2nd 3rd 4th 1st 2nd 3rd 4thCastle Rock
11.4 10.4 12.5 10.4 10.8 7.2 6.4 6.6 8.0 5.9 5.4 7.3 6.7 7.3 6.9 7.7 7.9 9.4 8.5 11.0 6.3 4.6 5.2 5.7 5.2 4.2 4.4 5.5 3.6 2.9 2.4 3.1 4.1 1.4 1.5 1.9 1.7 2.3 3.1
-5.2 -1.3 2.5 -8.3 -5.8 -4.6 -3.6 -6.7 -3.4 -4.6 -7.1 -5.9 -4.7 -3.1 -5.6 -2.7 -2.9 2.3 2.0 4.4 -1.7 -1.3 -0.2 -5.2 -1.1 -0.4 -0.7 -0.2 -1.5 -1.3 -2.0 -2.4 0.4 -1.4 -1.0 0.0 -2.4 0.9 1.7
11.6 11.3 11.9 11.2 11.0 10.2 8.7 7.7 7.0 6.7 6.5 6.7 6.3 6.7 7.0 7.1 7.5 8.0 8.4 9.2 8.8 7.6 6.8 5.4 5.2 5.1 4.9 4.8 4.4 4.1 3.6 3.0 3.4 2.3 2.1 2.2 1.6 1.8 2.3Douglas - North
7.4 5.3 6.6 7.5 7.3 5.5 6.4 7.2 6.0 5.8 5.6 6.9 6.0 8.6 5.7 7.3 6.9 4.9 3.9 4.9 4.2 3.8 4.3 5.1 5.4 3.7 3.7 4.6 5.0 4.1 4.5 3.8 6.8 3.1 3.9 5.6 4.0 4.0 3.8
-6.2 -3.6 -2.4 -11.6 -6.3 -3.5 -2.6 -2.1 -1.4 0.5 -1.0 -2.3 -1.5 3.3 -0.8 -0.1 -0.5 -0.6 -2.5 -2.3 -1.7 -2.0 -1.2 0.3 1.1 -0.1 -0.6 -0.6 -0.4 0.4 0.7 -0.8 1.8 -1.1 -0.6 0.0 -2.8 0.9 -0.2
8.6 7.7 7.1 6.7 6.7 6.7 6.7 6.6 6.2 6.3 6.1 6.1 6.1 6.8 6.8 6.9 7.1 6.2 5.7 5.1 4.5 4.2 4.3 4.4 4.7 4.6 4.5 4.4 4.3 4.4 4.5 4.3 5.6 4.4 4.4 4.8 4.1 4.4 4.3Douglas County
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 3.7 6.5 2.9 3.5 5.0 3.7 3.8 3.7
-6.0 -3.4 -1.7 -2.0 -0.2 -0.7 -1.1 -1.1 -1.8 0.1 -0.9 -1.1 -2.1 2.6 -0.5 0.4 0.7 0.0 -1.2 -1.5 -1.7 -4.5 -1.5 -0.3 0.9 -0.1 -0.6 -0.5 -0.5 0.1 0.3 -1.0 1.6 -1.0 -0.6 0.0 -2.8 0.8 0.2
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 4.1 5.2 4.1 4.1 4.5 3.8 4.0 4.0
Due to rounding of the vacancy rate, numbers may not always add exactly.
2006 20112005 20132010 20142012
Third Figure = Twelve Month AverageSecond Figure = Change from Year Ago
Vacancy Rates by Market Area for Douglas County
First Figure = Rate for Quarter in Percent
200920082007
VII-9
County 4th 1st 2nd 3rd 4th 1st 2nd 3rd
Up to 8 499 below9 to 50 500 to 749 4.0 1.5 0.0 2.551 to 99 0.0 750 to 999 1.0 0.9 1.9 3.3100 to199 1000 above 2.0 2.3 3.4 3.2200 to 349 2.2 1.1 1.3 1.9350 up 1.7 3.1 4.5 5.9Up to 8 499 below9 to 50 500 to 749 7.1 1.7 3.7 4.2
51 to 99 750 to 999 4.5 4.1 3.5 3.7 100 to 199 1000 above 6.6 4.1 4.6 3.8 200 to 349 6.0 4.5 5.2 3.0
350 up 5.3 3.8 3.4 4.1Up to 8 499 below9 to 50 500 to 749 5.7 1.6 1.5 3.4
51 to 99 0.0 750 to 999 4.1 3.8 3.3 3.7 100 to 199 1000 above 5.9 3.9 4.4 3.7
200 to 349 5.1 3.6 4.2 2.7350 up 5.0 3.7 3.5 4.2
Square Feet in Unit
2013
Castle Rock
Douglas County
Douglas - North
Douglas County
Douglas - North
CountyNumber of Units
Castle Rock
Vacancy Rates by Size of Apartment Unitby Market Area for Douglas County
(In Percent)(In Percent)by Market Area for Douglas CountyVacancy Rates by Size of Building
20142014 2013
VII-10
CountyCounty Year 4th 1st 2nd 3rd Apartment Type 4th 1st 2nd 3rdCastle Rock To 1939 Castle Rock
1940-49 Efficiency1950-59 1 Bed 2.2 1.1 1.8 4.01960-69 2 Bed, 1 Bath 1.3 1.2 0.0 0.61970-79 0.0 2 Bed, 2 Bath 1.9 1.9 3.0 2.61980-89 3 Bed 2.3 3.8 4.6 5.31990-99 3.6 3.6 0.5 2.7 Other2000-04 1.7 1.3 2.7 3.2 All 3.12005 up
Douglas - North To 1939 Douglas - North1940-49 Efficiency 10.4 2.1 4.2 2.11950-59 1 Bed 4.5 4.0 3.3 3.81960-69 2 Bed, 1 Bath 4.6 3.3 3.4 3.61970-79 2 Bed, 2 Bath 6.3 4.3 4.7 3.91980-89 3.0 2.2 3.0 2.7 3 Bed 10.2 3.6 6.7 2.81990-99 6.6 4.6 6.2 4.5 Other 0.0 7.7 0.0 0.02000-04 5.0 3.9 2.6 3.5 All 3.82005 up 6.6 3.8 5.8 4.1
Douglas County To 1939 Douglas County1940-49 Efficiency 10.4 2.1 4.2 2.1
1950-59 1 Bed 4.2 3.7 3.1 3.8 1960-69 2 Bed, 1 Bath 3.9 2.9 2.9 3.1 1970-79 0.0 2 Bed, 2 Bath 5.7 4.0 4.4 3.7 1980-89 3.0 2.2 3.0 2.7 3 Bed 8.4 3.6 6.2 3.5
1990-99 6.4 4.5 5.7 4.3 Other 0.0 7.7 0.0 0.02000-04 4.4 3.4 2.6 3.4 All 3.72005 up 6.6 3.8 5.8 4.1
(In Percent)
2013 2013 2014
by Market Area for Douglas CountyVacancy Rates by Age of Building
2014
Vacancy Rates by Apartment Typeby Market Area for Douglas County
(In Percent)
VII-11
County 4th 1st 2nd 3rd County 4th 1st 2nd 3rdCastle Rock Castle Rock To 1959Efficiency 1960-691 Bed 1018.46 945.32 1053.95 1102.15 1970-79 835.002 Bed, 1 Bath 988.29 1102.28 1200.76 1248.18 1980-892 Bed, 2 Bath 1218.90 1189.53 1318.42 1303.31 1990-99 1058.86 1038.86 1160.23 1161.143 Bed 1408.40 1539.97 1540.77 1677.73 2000-04 1156.44 1141.44 1239.66 1282.51All 1122.65 1122.32 1224.85 1259.88 2005 upDouglas - North Douglas - North To 1959Efficiency 930.00 865.00 1020.00 915.00 1960-691 Bed 1098.23 1096.39 1182.53 1192.72 1970-792 Bed, 1 Bath 1246.46 1270.42 1342.48 1345.90 1980-89 1083.59 1083.75 1192.26 1229.782 Bed, 2 Bath 1373.95 1438.58 1532.24 1570.89 1990-99 1258.87 1308.47 1509.31 1534.273 Bed 1702.90 1726.46 1858.76 1973.55 2000-04 1258.44 1279.77 1315.56 1327.73All 1256.49 1283.89 1371.23 1390.81 2005 up 1345.38 1346.89 1367.35 1430.49Douglas County Douglas County To 1959Efficiency 930.00 865.00 1020.00 915.00 1960-691 Bed 1088.18 1077.89 1166.51 1181.59 1970-79 835.002 Bed, 1 Bath 1194.11 1244.15 1321.53 1329.15 1980-89 1083.59 1083.75 1192.26 1229.782 Bed, 2 Bath 1352.49 1404.82 1502.41 1534.33 1990-99 1241.62 1285.21 1477.31 1498.263 Bed 1636.38 1686.15 1785.16 1893.15 2000-04 1238.08 1253.23 1301.05 1319.07All 1236.83 1261.71 1350.83 1372.28 2005 up 1345.38 1346.89 1367.35 1430.49
20142014
(In Dollars)
2013Year Built2013
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
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 and concessions.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
by Market Area for Douglas County by Market Area for Douglas CountyAverage Rents by Apartment Type Average Rents by Age of Building
(In Dollars)
VII-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdCastle Rock Castle RockUp to 8 Efficiency9 to 50 1 Bed 958.03 954.14 1083.03 1156.6751 to 99 835.00 2 Bed, 1 Bath 1036.43 1154.18 1229.18 1304.18100 to 199 2 Bed, 2 Bath 1189.91 1166.77 1330.47 1296.91200 to 349 1070.09 1095.55 1190.31 1229.48 3 Bed 1411.72 1629.04 1561.72 1736.72350 and up 1296.02 1184.27 1304.78 1330.24 All 1169.52 1154.90 1234.01 1282.73Douglas - North Douglas - NorthUp to 8 Efficiency 938.00 863.00 1013.00 913.009 to 50 1 Bed 1045.14 1127.54 1159.54 1177.6051 to 99 2 Bed, 1 Bath 1231.65 1264.11 1358.50 1336.11100 to 199 2 Bed, 2 Bath 1345.81 1406.88 1497.04 1579.70200 to 349 1325.62 1371.95 1492.58 1517.36 3 Bed 1630.50 1705.75 1734.74 2003.27350 and up 1211.49 1238.48 1311.85 1332.23 All 1231.33 1248.32 1342.98 1354.49Douglas County Douglas CountyUp to 8 Efficiency 938.00 863.00 1013.00 913.009 to 50 1 Bed 1035.77 1067.03 1119.46 1159.1751 to 99 835.00 2 Bed, 1 Bath 1180.75 1243.50 1312.78 1318.63100 to 199 2 Bed, 2 Bath 1289.89 1345.53 1468.89 1444.83200 to 349 1268.28 1303.90 1415.18 1440.57 3 Bed 1494.00 1632.08 1716.11 1784.00350 and up 1217.85 1234.81 1311.37 1332.10 All 1199.02 1232.88 1321.68 1327.02
20132013
Median Rents by Apartment Type by Market Area
(In Dollars)for Douglas County
Average Rents by Size of Building by Market Area
Number of Units
(In Dollars)for Douglas County
Average rent minus rental losses equals effective rent.Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
Rents reflect units being unfurnished with tenants paying gas and electricity. Rents are based on units being unfurnished with tenants paying gas and electricity.
2014 2014
Average rents do not reflect "rental losses" from discounts and concessions.
VII-13
County CountyApartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdCastle Rock Castle RockEfficiency1 Bed 1.28 1.20 1.34 1.40 499 below2 Bed, 1 Bath 1.18 1.27 1.38 1.44 500 to 749 1.27 1.28 1.42 1.492 Bed, 2 Bath 1.09 1.07 1.18 1.17 750 to 999 1.24 1.19 1.31 1.373 Bed 1.09 1.19 1.20 1.30 1000 above 1.09 1.10 1.19 1.20All 1.18 1.16 1.27 1.31Douglas - North Douglas - NorthEfficiency 1.69 1.57 1.85 1.661 Bed 1.36 1.36 1.46 1.48 499 below2 Bed, 1 Bath 1.26 1.29 1.36 1.36 500 to 749 1.50 1.50 1.67 1.632 Bed, 2 Bath 1.20 1.25 1.32 1.36 750 to 999 1.34 1.34 1.43 1.453 Bed 1.24 1.26 1.34 1.40 1000 above 1.21 1.26 1.33 1.38All 1.28 1.31 1.39 1.42Douglas County Douglas CountyEfficiency 1.69 1.57 1.85 1.661 Bed 1.35 1.34 1.44 1.47 499 below2 Bed, 1 Bath 1.24 1.29 1.36 1.38 500 to 749 1.39 1.40 1.52 1.562 Bed, 2 Bath 1.18 1.22 1.30 1.34 750 to 999 1.32 1.33 1.42 1.443 Bed 1.21 1.24 1.30 1.38 1000 above 1.20 1.23 1.31 1.35All 1.27 1.29 1.38 1.41
Average rents do not reflect "rental losses" due to concessions and discounts.
Unit Size by Market Area for Douglas County
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rent minus rental losses equals effective rent.
Rents are based on units being unfurnished with tenants paying gas and electricity.
20132013 2014 2014
Average Rent per Square Foot by Apartment Average Rent per Square Foot by Apartment
(In Dollars)
Type by Market Area for Douglas County
(In Dollars)
VII-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 Up to 69 - 50 9 - 5051 - 99 51 - 99100 - 199 100 - 199200 to 349 4.6 9.1 12.0 12.4 200 to 349 9.8 12.8 16.2 15.1350 up 21.9 8.0 12.7 11.4 350 up 26.9 11.8 16.1 15.6 Age Age (year built)To 1959 To 19591960-69 1960-691970-79 1970-791980-89 8.5 10.7 18.0 15.2 1980-89 11.5 13.0 21.0 17.91990-99 3.4 6.6 12.9 12.0 1990-99 9.8 11.1 18.6 16.32000-04 20.9 8.6 11.6 10.4 2000-04 25.3 12.0 14.2 13.82005 up 9.0 12.8 8.8 15.0 2005 up 15.5 16.5 14.6 19.1
Market Area Market AreaCastle Rock 4.4 7.0 13.2 12.4 Castle Rock 6.4 8.7 15.5 15.6Douglas - North 13.3 8.3 12.2 11.6 Douglas - North 18.9 12.3 16.2 15.4
Average 13.3 8.5 12.4 11.7 Average 18.3 12.2 16.2 15.4
Rental Losses by Size, Ageand Market Area for Douglas County
Includes Discounts/Concessions, Models, Delinquents, and Bad Debts
Average Rent Minus Rental Losses Equals Effective Rent
(In Percent)
Economic Vacancy Rates by Size, Age
(In Percent)
and Market Area for Douglas County
as a Percentage of Gross Potential Rent
Defined as Physcial Vacancy Plus Concessions and Writeoffs
2013 20142013 2014
VII-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsCastle Rock 1102.15 1248.18 1303.31 1677.73 1259.88Douglas - North 915.00 1192.72 1345.90 1570.89 1973.55 2038.00 1390.81Douglas County Average 915.00 1181.59 1329.15 1534.33 1893.15 2038.00 1372.28
Buildings with up to 6 UnitsCastle RockDouglas - NorthDouglas County Average
Buildings with 7 to 36 UnitsCastle RockDouglas - NorthDouglas County Average
Buildings with 37 and Above UnitsCastle Rock 1102.15 1248.18 1303.31 1677.73 1259.88Douglas - North 915.00 1192.72 1345.90 1570.89 1973.55 2038.00 1390.81Douglas County Average 915.00 1181.59 1329.15 1534.33 1893.15 2038.00 1372.28
Buildings with 5 Stories and AboveCastle RockDouglas - NorthDouglas County Average
Average Rents for Douglas County(in dollars)
Efficency 1 Bed 3 Bed Other All
VII-16
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1164.32 1307.23 1507.89 1923.97 1356.33 915.00 1249.92 1426.08 1645.80 1787.70 1435.47 -79.14
Patio or Balcony 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Fireplace 915.00 1181.48 1315.76 1531.47 1886.45 1369.15 1186.14 1553.00 1739.05 2290.00 1494.91 -125.76
Nine-Foot Ceilings 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Swimming Pool 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Spa or Sauna 915.00 1216.16 1365.45 1562.30 1921.98 1404.78 990.36 1145.88 1379.02 1690.40 1190.44 214.34
Exercise Room 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Sport Court 915.00 1213.65 1364.85 1563.13 1953.62 1403.27 1152.84 1305.13 1509.24 1829.60 1345.21 58.06
Microwave 915.00 1186.13 1337.63 1540.16 1900.42 1378.01 987.50 1162.50 1312.50 1462.50 1161.14 216.87
Washer/Dryer Hookups 915.00 1187.72 1315.38 1535.80 1893.04 1370.86 1163.83 1367.12 1530.24 1893.45 1376.30 -5.43
Garbage Disposal 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Dishwasher 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Air Conditioning 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Ceiling Fan 1114.03 1276.12 1471.50 1753.45 1303.55 915.00 1411.63 1540.46 1734.34 2217.84 1593.88 -290.34
Attached Garage 915.00 1183.63 1363.11 1566.82 1855.07 1384.56 1179.10 1256.18 1496.70 1943.74 1356.33 28.23
Covered Parking 1282.05 1453.80 1564.83 1950.31 1453.83 915.00 1132.40 1309.01 1519.14 1857.23 1335.91 117.92
Clubhouse 915.00 1188.85 1329.15 1543.17 1893.15 1379.54 1058.00 1405.00 1229.78 149.76
Business Center 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Pets Allowed 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Resident Pays Sewer/Water 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Unit Security/Alarm System 1050.19 1180.18 1434.02 1477.71 1219.99 915.00 1222.80 1398.47 1560.87 1980.83 1418.18 -198.19
Handicapped Access 915.00 1183.38 1329.41 1532.33 1900.42 1374.31 1154.96 1326.75 1563.60 1462.50 1342.79 31.51
Heat Included in Rent 915.00 1181.59 1329.15 1534.33 1893.15 1372.28 #VALUE!
Feature/Amenity Efficiency
Average Rent for Apartment Building/Community Features and Amenities in Douglas County(In Dollars)
1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
With Feature/Amenity Without Feature/Amenity
VII-17
First Second Third Fourth Year-End2011 10790 10790 10790 10790 10790
0 0 0 62 6210790 10790 10790 10852 108525.4% 3.8% 3.8% 4.7% 4.7%
10207 10380 10380 10342 10342583 410 410 510 510-22 173 0 -38 113
2012 10852 10852 10852 11084 108520 0 232 60 292
10852 10852 11084 11144 111444.9% 4.0% 4.2% 4.3% 4.3%
10320 10418 10618 10665 10665532 434 466 479 479-22 0 201 46 323
2013 11144 11227 11275 11275 1114483 48 0 0 131
11227 11275 11275 11275 112756.5% 2.9% 3.5% 5.0% 5.1%
10497 10947 10881 10708 10700730 328 394 567 575
-168 450 -66 -173 352014 11275 11275 11696
0 421 011275 11696 116963.7% 3.8% 3.7%
10858 11257 11267417 439 429150 399 10
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 9505 0 95052nd 9505 270 97753rd 9775 370 101454th 10145 88 10233
2008 1st 10233 137 103702nd 10370 0 103703rd 10370 0 103704th 10370 210 10580
2009 1st 10580 0 105802nd 10580 0 105803rd 10580 210 107904th 10790 0 10790
2010 1st 10790 0 107902nd 10790 0 107903rd 10790 0 107904th 10790 0 10790
2011 1st 10790 0 107902nd 10790 0 107903rd 10790 0 107904th 10790 62 10852
2012 1st 10852 0 108522nd 10852 0 108523rd 10852 232 110844th 11084 60 11144
2013 1st 11144 83 112272nd 11227 48 112753rd 11275 0 112754th 11275 0 11275
2014 1st 11275 0 112752nd 11275 421 116963rd 11696 0 116964th
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Apartment Unit Absorption by Quarter and Year for Douglas County
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.
Estimate of New Apartments by Quarter for Douglas County
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
VII-18
Building Type 4th 1st 2nd 3rd
SizeUp to 89 - 5051-99 3.1100 - 199200 to 349 4.1 3.6 4.9 6.3350 up 4.0 3.5 4.4 6.0
AgeTo 19591960-691970-79 3.11980-89 2.7 3.2 5.9 4.01990-99 4.2 3.6 4.3 5.32000-04 3.8 3.6 4.6 6.62005 up 5.6 3.1 4.7 6.6
Market AreaCastle Rock 4.5 4.4 6.8 7.1Douglas - North 4.0 3.5 4.5 6.0
County Average 4.0 3.5 4.6 6.1
Resident turnover is for respective months of February, May, August and November.
(In Percent)
2013 2014
for Douglas CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
VII-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 48 2.1% 1 48 2.1%$926 to $950 5 344 1.5% 5 344 1.5%$951 to $975 $976 to $1000 3 84 3.6% 3 84 3.6%$1001 to 1025 10 302 3.3% 10 302 3.3%$1026 to 1050 2 156 1.3% 2 156 1.3%$1051 to 1075 17 466 3.6% 17 466 3.6%$1076 to 1100$1101 to 1125 7 190 3.7% 4 148 2.7% 11 338 3.3%$1126 to 1150 19 248 7.7% 3 116 2.6% 22 364 6.0%$1151 to 1175 11 144 7.6% 1 48 2.1% 12 192 6.3%$1176 to 1200 13 341 3.8% 52 0.0% 13 393 3.3%$1201 to 1225$1226 to 1250 13 370 3.5% 13 370 3.5%$1251 to 1275 1 28 3.6% 12 200 6.0% 13 228 5.7%$1276 to 1300 2 233 0.9% 5 60 8.3% 9 245 3.7% 16 538 3.0%$1301 to 1325 3 49 6.1% 98 0.0% 2 182 1.1% 5 329 1.5%$1326 to 1350 15 278 5.4% 1 140 0.7% 16 418 3.8%$1351 to 1375 9 416 2.2% 9 416 2.2%$1376 to 1400 34 0.0% 7 111 6.3% 48 0.0% 7 193 3.6%$1401 to 1425 5 200 2.5% 5 200 2.5%$1426 to 1450 2 40 5.0% 22 346 6.4% 24 386 6.2%$1451 to 1475 3 68 4.4% 3 68 4.4%$1476 to 1400 2 48 4.2% 2 48 4.2%$1501 to 1525 52 0.0% 24 0.0% 76 0.0%$1526 to 1550 13 265 4.9% 13 265 4.9%$1551 to 1575 4 106 3.8% 2 56 3.6% 6 162 3.7%$1576 to 1500 12 0.0% 20 564 3.5% 20 576 3.5%$1601 to 1625 1 14 7.1% 1 14 7.1%$1626 to 1650$1651 to 1675 27 0.0% 4 176 2.3% 4 203 2.0%$1676 to 1600$1701 to 1725 24 0.0% 24 0.0%$1726 to 1750 6 76 7.9% 7 150 4.7% 7 117 6.0% 20 343 5.8%$1751 to 1775 11 168 6.5% 11 168 6.5%$1776 to 1800 1 16 6.3% 24 0.0% 1 40 2.5%$1801 to 1825$1826 to 1850 5 110 4.5% 5 110 4.5%$1851 to 1875 24 0.0% 24 0.0%$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000 32 0.0% 32 0.0%$2000 and up 9 214 4.2% 7 193 3.6% 13 0.0% 16 420 3.8%TOTALS 1 48 2.1% 140 3678 3.8% 31 992 3.1% 117 3125 3.7% 17 482 3.5% 13 0.0% 306 8338 3.7%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDouglas County
One BedroomEfficiencies
VII-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 3 84 3.6% 3 84 3.6%$1001 to 1025$1026 to 1050 2 108 1.9% 2 108 1.9%$1051 to 1075$1076 to 1100$1101 to 1125$1126 to 1150$1151 to 1175 11 144 7.6% 1 48 2.1% 12 192 6.3%$1176 to 1200 2 116 1.7% 24 0.0% 2 140 1.4%$1201 to 1225$1226 to 1250$1251 to 1275$1276 to 1300 9 245 3.7% 9 245 3.7%$1301 to 1325 98 0.0% 2 182 1.1% 2 280 0.7%$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475 2 32 6.3% 2 32 6.3%$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 5 75 6.7% 5 75 6.7%$1751 to 1775$1776 to 1800 24 0.0% 24 0.0%$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 upTOTALS 18 452 4.0% 1 170 0.6% 11 427 2.6% 7 131 5.3% 37 1180 3.1%
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterCastle Rock
One Bathroom
Two Bedroom
One BedroomEfficiencies
VII-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 48 2.1% 1 48 2.1%$926 to $950 5 344 1.5% 5 344 1.5%$951 to $975 $976 to $1000$1001 to 1025 10 302 3.3% 10 302 3.3%$1026 to 1050 48 0.0% 48 0.0%$1051 to 1075 17 466 3.6% 17 466 3.6%$1076 to 1100$1101 to 1125 7 190 3.7% 4 148 2.7% 11 338 3.3%$1126 to 1150 19 248 7.7% 3 116 2.6% 22 364 6.0%$1151 to 1175$1176 to 1200 11 225 4.9% 28 0.0% 11 253 4.3%$1201 to 1225$1226 to 1250 13 370 3.5% 13 370 3.5%$1251 to 1275 1 28 3.6% 12 200 6.0% 13 228 5.7%$1276 to 1300 2 233 0.9% 5 60 8.3% 7 293 2.4%$1301 to 1325 3 49 6.1% 3 49 6.1%$1326 to 1350 15 278 5.4% 1 140 0.7% 16 418 3.8%$1351 to 1375 9 416 2.2% 9 416 2.2%$1376 to 1400 34 0.0% 7 111 6.3% 48 0.0% 7 193 3.6%$1401 to 1425 5 200 2.5% 5 200 2.5%$1426 to 1450 2 40 5.0% 22 346 6.4% 24 386 6.2%$1451 to 1475 1 36 2.8% 1 36 2.8%$1476 to 1400 2 48 4.2% 2 48 4.2%$1501 to 1525 52 0.0% 24 0.0% 76 0.0%$1526 to 1550 13 265 4.9% 13 265 4.9%$1551 to 1575 4 106 3.8% 2 56 3.6% 6 162 3.7%$1576 to 1500 12 0.0% 20 564 3.5% 20 576 3.5%$1601 to 1625 1 14 7.1% 1 14 7.1%$1626 to 1650$1651 to 1675 27 0.0% 4 176 2.3% 4 203 2.0%$1676 to 1600$1701 to 1725 24 0.0% 24 0.0%$1726 to 1750 6 76 7.9% 7 150 4.7% 2 42 4.8% 15 268 5.6%$1751 to 1775 11 168 6.5% 11 168 6.5%$1776 to 1800 1 16 6.3% 1 16 6.3%$1801 to 1825$1826 to 1850 5 110 4.5% 5 110 4.5%$1851 to 1875 24 0.0% 24 0.0%$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000 32 0.0% 32 0.0%$2000 and up 9 214 4.2% 7 193 3.6% 13 0.0% 16 420 3.8%TOTALS 1 48 2.1% 122 3226 3.8% 30 822 3.6% 106 2698 3.9% 10 351 2.8% 13 0.0% 269 7158 3.8%
One Bathroom
Two Bedroom
One Bedroom
Vacancy Rates During the Current QuarterDouglas - North
Efficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
DEFINITION OF DOUGLAS COUNTY MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries:
Castle Rock City of Castle Rock and immediate area Douglas Co-North All of northern Douglas County Census Tracts: Castle Rock 144.01, 145.01 (pt) Douglas County-North 141.02, 141.03, 141,04, 141.05 (pt), 141.98 (pt)
GraphsVacancy Rate by Quarter VIII-1Average Rent by Quarter VIII-1Vacancy Rate by Market Area by Quarter VIII-2Average Rent by Market Area by Apartment Type VIII-2Vacancy Rate by Age of Building VIII-3Vacancy Rate by Size of Building VIII-3Rent per Square Foot by Apartment Type VIII-4Rent per Square Foot by Apartment Unit Size VIII-4Estimate of Total Apartments by Year VIII-5New Apartment Units Added by Year VIII-5Vacancy Rates by Market Area by Apartment Type VIII-6Vacancy Rate by Apartment Type by Quarter VIII-6Median Rent by Apartment Type by Quarter VIII-7Average Rent by Size of Building by Quarter VIII-7
TablesVacancy Rates by Market Area VIII-8Vacancy Rates by Size of Building by Market Area VIII-9Vacancy Rates by Size of Apartment Unit by Market Area VIII-9Vacancy Rates by Age of Building by Market Area VIII-10Vacancy Rates by Apartment Type by Market Area VIII-10
Average Rents by Apartment Type by Market Area VIII-11Average Rents by Age of Building by Market Area VIII-11Average Rents by Size of Building by Market Area VIII-12Median Rents by Apartment Type by Market Area VIII-12
Average Rent per Square Foot by Apartment Type by Market Area VIII-13Average Rent per Square Foot by Apartment Unit Size by Market Area VIII-13
Rental Losses by Size, Age and Market Area VIII-14Economic Vacancy Rates by Size, Age and Market Area VIII-14
Average Rents for Boulder/Broomfield County VIII-15Average Rent for Apartment Building/Community Features and Amenities VIII-16
Apartment Unit Absorption by Quarter and Year VIII-17Estimate of New Apartments by Quarter VIII-17Monthly Resident Turnover by Size, Age and Market Area VIII-18
Vacancy Rates During the Current Quarter - Jefferson County Cumulative Totals VIII-19Vacancy Rates During the Current Quarter - Arvada VIII-20Vacancy Rates During the Current Quarter - Golden VIII-21Vacancy Rates During the Current Quarter - Lakewood North VIII-22Vacancy Rates During the Current Quarter - Lakewood South VIII-23Vacancy Rates During the Current Quarter - Wheat Ridge VIII-24
Market Area Descriptions and Census Tracts VIII-25
Table of Contents
Section VIII - Jefferson County
VIII-1
0.0
2.0
4.0
6.0
8.0
10.0
12.0
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Jefferson County
625.00
725.00
825.00
925.00
1025.00
1125.00
1225.00
98 Q
1
98 Q
3
99 Q
1
99 Q
3
00 Q
1
00 Q
3
01 Q
1
01 Q
3
02 Q
1
02 Q
3
03 Q
1
03 Q
3
04 Q
1
04 Q
3
05 Q
1
05 Q
3
06 Q
1
06 Q
3
07 Q
1
07 Q
3
08 Q
1
08 Q
3
09 Q
1
09 Q
3
10 Q
1
10 Q
3
11 Q
1
11 Q
3
12 Q
1
12 Q
3
13 Q
1
13 Q
3
14 Q
1
14 Q
3
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Jefferson County
VIII-2
0
1
2
3
4
5
6
Arvada Golden Lakewood North Lakewood South Wheat Ridge Jefferson CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Jefferson County
13 Q4 14 Q1
14 Q2 14 Q3
0
500
1000
1500
2000
2500
3000
3500
Arvada Golden Lakewood North Lakewood South Wheat Ridge Jefferson CountyAverage
Ren
t (in
dol
lars
)
Market Area
Average Rent by Market Area by Apartment Type for Jefferson County
Efficiency1 Bed2 Bed, 1 Bath2 Bed, 2 Bath3 BedAll
VIII-3
0
5
10
15
20
25
30
35
40
45
To 1939 1940-49 1950-59 1960-69 1970-79 1980-89 1990-99 2000-04 2005 up
Perc
ent V
acan
t
Year Built
Vacancy Rate by Age of Building for Jefferson County
13 Q4
14 Q1
14 Q2
14 Q3
0
1
2
3
4
5
6
7
8
Up to 8 9 to 50 51 to 99 100 to 199 200 to 349 350 up
Perc
ent V
acan
t
Number of Units in Building
Vacancy Rate by Size of Building for Jefferson County
13 Q4
14 Q1
14 Q2
14 Q3
VIII-4
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Efficiency One Bedroom Two Bed, OneBath
Two Bed, TwoBath
Three Bed Average
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Type
Rent per Square Foot by Apartment Type for Jefferson County
13 Q4
14 Q1
14 Q2
14 Q3
0
0.5
1
1.5
2
2.5
499 below 500 to 749 750 to 999 1000 above
Ren
t per
Squ
are
Foot
(in
dolla
rs)
Apartment Unit Size (in square feet)
Rent per Square Foot by Apartment Unit Size for Jefferson County
13 Q4
14 Q1
14 Q2
14 Q3
VIII-5
670
12
446
776
4 46 35
514
286
4
295
227
364
280
114 70
356
120
233
397 394
6 0 0 48
276
24 0 0 0 0 0 0 0
61
0 0
159
0 0 0 0
75
379
120 72 60
0 0 0 30
0 0 0 0 0 0 0 0
83
0
91
0 15 0
428
0 0 0 0
110
56
0
595
0 0
100
200
300
400
500
600
700
800
900
96 Q
196
Q2
96 Q
396
Q4
97 Q
197
Q2
97 Q
397
Q4
98 Q
198
Q2
98 Q
398
Q4
99 Q
199
Q2
99 Q
399
Q4
00 Q
100
Q2
00 Q
300
Q4
01 Q
101
Q2
01 Q
301
Q4
02 Q
102
Q2
02 Q
302
Q4
03 Q
103
Q2
03 Q
303
Q4
04 Q
104
Q2
04 Q
304
Q4
05 Q
105
Q2
05 Q
305
Q4
06 Q
106
Q2
06 Q
306
Q4
07 Q
107
Q2
07 Q
307
Q4
08 Q
108
Q2
08 Q
308
Q4
09 Q
109
Q2
09 Q
309
Q4
10 Q
110
Q2
10 Q
310
Q4
11 Q
111
Q2
11 Q
311
Q4
12 Q
112
Q2
12 Q
312
Q4
13 Q
113
Q2
13 Q
313
Q4
14 Q
114
Q2
14 Q
3
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Jefferson County
36000
37000
38000
39000
40000
41000
42000
43000
4400096
Q1
96 Q
296
Q3
96 Q
497
Q1
97 Q
297
Q3
97 Q
498
Q1
98 Q
298
Q3
98 Q
499
Q1
99 Q
299
Q3
99 Q
400
Q1
00 Q
200
Q3
00 Q
401
Q1
01 Q
201
Q3
01 Q
402
Q1
02 Q
202
Q3
02 Q
403
Q1
03 Q
203
Q3
03 Q
404
Q1
04 Q
204
Q3
04 Q
405
Q1
05 Q
205
Q3
05 Q
406
Q1
06 Q
206
Q3
06 Q
407
Q1
07 Q
207
Q3
07 Q
408
Q1
08 Q
208
Q3
08 Q
409
Q1
09 Q
209
Q3
09 Q
410
Q1
10 Q
210
Q3
10 Q
411
Q1
11 Q
211
Q3
11 Q
412
Q1
12 Q
212
Q3
12 Q
413
Q1
13 Q
213
Q3
13 Q
414
Q1
14 Q
214
Q3
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Jefferson County
VIII-6
0
1
2
3
4
5
6
7
8
9
Arvada Golden Lakewood North Lakewood South Wheat Ridge Jefferson CountyAverage
Perc
ent V
acan
t
Market Area
Vacancy Rates by Market Area by Apartment Type for Jefferson County
Efficiency One bedroom
Two bed, one bath Two bed, two bath
Three bedroom All
0
1
2
3
4
5
6
7
Efficiency One Bedroom Two Bed, One Bath Two Bed, Two Bath Three Bed Average
Perc
ent V
acan
t
Apartment Type
Vacancy Rate by Apartment Type by Quarter for Jefferson County
13 Q414 Q114 Q214 Q3
VIII-7
0
200
400
600
800
1000
1200
1400
1600
Efficiency One Bedroom Two Bed, One BathTwo Bed, Two Bath Three Bed Average
Ren
t (in
dol
lars
)
Apartment Type
Median Rent by Apartment Type by Quarter for Jefferson County
13 Q4
14 Q1
14 Q2
14 Q3
$1,151.87
$780.96
$1,167.86 $1,234.29
0
200
400
600
800
1000
1200
1400
1600
Up to 6 units 7 - 36 units 37 + units 5 Story or More
Ren
t (in
dol
lars
)
Size of Building
Average Rent by Size of Building for Jefferson County
VIII-8
County 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 2nd 3rd 4th 1st 2nd 3rd 4th9.6 9.8 7.6 11.1 7.9 9.2 7.9 6.2 8.1 8.0 4.7 5.4 6.4 6.0 5.1 5.6 8.1 6.7 5.7 7.3 5.6 4.9 3.4 4.5 4.4 3.8 4.9 4.6 3.8 1.9 3.5 4.1 4.5 3.8 3.4 3.9 4.2 3.2 4.5
-1.1 -1.2 -0.7 -1.3 -1.7 -0.4 0.3 -4.8 0.1 -1.2 -3.3 -0.8 -1.7 -2.0 0.4 0.1 1.8 0.8 0.6 1.7 -2.6 -1.9 -2.3 -2.8 -1.1 -1.1 1.5 0.1 -0.6 -1.9 -1.4 -0.5 0.7 1.9 -0.1 -0.2 -0.3 -0.7 1.110.3 10.0 9.8 9.5 9.1 9.0 9.0 7.8 7.9 7.5 6.7 6.5 6.1 5.6 5.7 5.8 6.2 6.4 6.5 7.0 6.3 5.9 5.3 4.6 4.3 4.0 4.4 4.4 4.3 3.8 3.4 3.3 3.5 4.0 4.0 3.9 3.8 3.7 4.010.2 10.0 4.8 7.3 8.1 6.7 6.0 7.2 5.3 10.4 5.5 5.5 5.8 5.7 5.1 8.4 7.5 9.4 8.1 7.5 7.5 6.0 3.8 6.2 6.1 6.0 4.8 3.9 4.2 4.6 2.6 2.1 3.7 4.9 3.1 3.6 3.3 3.7 2.1-4.1 -5.1 -12.9 -5.3 -2.1 -3.3 1.1 -0.1 -2.7 3.7 -0.4 -1.7 0.4 -4.8 -0.4 2.8 1.7 3.7 3.0 -0.8 0.0 -3.4 -4.3 -1.4 -1.3 -0.1 1.0 -2.3 -2.0 -1.3 -2.2 -1.8 -0.4 0.3 0.5 1.5 -0.4 -1.2 -1.013.9 12.6 9.4 8.1 7.5 6.7 7.0 7.0 6.3 7.2 7.1 6.7 6.8 5.6 5.5 6.2 6.6 7.6 8.3 8.1 8.1 7.3 6.2 5.9 5.5 5.5 5.8 5.2 4.7 4.4 3.8 3.4 3.3 3.3 3.4 3.8 3.7 3.4 3.26.4 7.3 6.7 8.0 8.0 8.2 8.1 6.4 6.5 8.0 5.9 7.1 6.2 8.1 6.9 6.9 7.8 6.3 5.2 8.8 5.9 4.5 4.9 4.8 5.1 4.2 4.9 4.5 3.2 3.7 5.4 4.3 4.9 4.3 3.1 3.4 3.2 3.4 2.9
-0.6 0.0 0.5 0.3 -1.6 0.9 1.4 -1.6 -1.5 -0.2 -2.2 0.6 -0.3 0.1 1.0 -0.2 1.6 -1.8 -1.8 2.0 -1.9 -1.7 -0.2 -4.1 -0.7 -0.3 -0.1 -0.2 -1.9 -0.5 0.6 -0.2 1.7 0.6 -2.3 -0.9 -1.7 -0.9 -0.36.9 6.9 7.0 7.1 7.5 7.7 8.1 7.7 7.3 7.3 6.7 6.9 6.8 6.8 7.1 7.0 7.4 7.0 6.5 7.0 6.5 6.1 6.0 5.0 4.8 4.8 4.7 4.7 4.2 4.1 4.2 4.2 4.6 4.7 4.2 3.9 3.5 3.3 3.28.4 7.3 6.5 6.5 6.1 6.4 6.6 6.6 6.0 6.7 5.3 5.6 5.3 5.2 6.7 7.6 7.0 6.5 6.2 6.4 5.0 5.4 3.8 4.2 4.6 4.8 4.1 4.4 4.0 4.6 3.6 4.6 3.2 3.3 4.0 5.6 3.3 3.9 2.90.5 -0.8 -1.0 -1.8 -2.3 -0.9 0.1 0.1 -0.1 0.3 -1.3 -1.0 -0.7 -1.5 1.3 1.9 1.8 1.4 -0.5 -1.1 -2.0 -1.2 -2.4 -2.2 -0.4 -0.6 0.4 0.1 -0.6 -0.2 -0.6 0.2 -0.9 -1.3 0.4 1.0 0.1 0.6 -1.08.1 7.9 7.6 7.2 6.6 6.4 6.4 6.4 6.4 6.5 6.2 5.9 5.7 5.3 5.7 6.2 6.6 6.9 6.8 6.5 6.0 5.7 5.1 4.6 4.5 4.3 4.4 4.5 4.3 4.3 4.1 4.2 4.0 3.7 3.8 4.0 4.0 4.2 3.9
11.5 13.1 10.6 10.8 16.2 9.2 9.7 7.2 6.7 6.9 4.7 8.6 6.1 7.9 9.1 9.2 12.2 12.5 9.2 11.7 13.9 10.9 4.8 3.8 2.7 3.4 3.7 3.9 3.4 3.6 2.3 3.6 3.2 3.2 2.5 3.5 3.2 3.5 2.7-0.9 0.8 0.4 -0.9 3.1 -3.9 -0.9 -3.6 -9.5 -2.3 -5.0 1.4 -0.6 1.0 4.4 0.6 6.1 4.6 0.1 2.5 1.8 -1.7 -4.4 -7.9 -11.2 -7.4 -1.1 0.1 0.7 0.1 -1.3 -0.3 -0.2 -0.4 0.2 -0.1 0.1 0.3 0.211.4 11.6 11.7 11.5 12.7 11.7 11.5 10.6 8.2 7.6 6.4 6.7 6.6 6.8 7.9 8.1 9.6 10.7 10.8 11.4 11.8 11.4 10.3 8.4 5.6 3.7 3.4 3.4 3.6 3.7 3.3 3.2 3.2 3.1 3.1 3.1 3.1 3.2 3.2
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 3.7 3.2-0.5 -1.1 -1.8 -1.7 -1.6 -0.7 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 -0.1 -0.48.9 8.6 8.2 7.7 7.5 7.3 7.4 7.2 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 3.8 3.7
First Figure = Rate for Quarter in Percent
Jefferson County
Lakewood South
Wheat Ridge
Golden
2009
Third Figure = Twelve Month Average
Arvada
Vacancy Rates by Market Area for Jefferson County
20122010
Second Figure = Change from Year Ago
Due to rounding of the vacancy rate, numbers may not always add exactly.
20132011
Lakewood North
2006 2014200820072005
VIII-9
4th 1st 2nd 3rd 4th 1st 2nd 3rdUp to 8 0.0 0.0 0.0 0.0 499 below 1.2 1.6 1.6 0.49 to 50 3.2 2.4 0.0 3.6 500 to 749 2.2 3.4 3.5 5.551 to 99 3.2 2.6 1.9 1.9 750 to 999 5.0 4.1 3.6 4.7100 to199 2.4 3.1 3.3 2.3 1000 above 6.6 6.9 2.5 4.8200 to 349 5.1 5.4 2.0 3.7350 up 7.2 8.4Up to 8 0.0 0.0 0.0 0.0 499 below 0.0 0.0 5.7 0.09 to 50 4.4 3.5 0.0 2.2 500 to 749 3.3 1.9 2.0 2.551 to 99 750 to 999 2.4 3.0 3.9 2.0100 to 199 5.7 1000 above 8.5 7.3 4.5 2.4200 to 349 3.6 3.4 3.4 2.1350 upUp to 8 6.3 0.0 2.1 7.5 499 below 1.7 3.0 1.4 1.59 to 50 1.8 1.0 1.9 1.3 500 to 749 3.8 4.2 4.6 3.251 to 99 2.0 4.0 2.8 2.8 750 to 999 4.0 3.4 3.0 2.6100 to 199 4.9 5.9 5.4 2.3 1000 above 2.7 1.9 1.4 2.9200 to 349 1.2 2.4350 up 3.5 3.1 3.2 3.5Up to 8 0.0 20.0 0.0 499 below 5.6 0.0 2.5 0.09 to 50 0.0 1.1 0.7 0.0 500 to 749 2.9 3.1 4.6 2.1
51 to 99 1.5 2.8 1.1 1.1 750 to 999 6.3 3.0 3.2 3.3 100 to 199 2.6 2.2 3.4 2.1 1000 above 7.3 3.9 4.2 3.2
200 to 349 9.7 3.4 4.1 3.3350 up 2.8 3.6 4.2 3.2Up to 8 0.0 0.0 0.0 0.0 499 below 3.0 3.8 2.4 3.79 to 50 0.6 3.3 0.6 1.2 500 to 749 5.1 3.5 3.6 3.1
51 to 99 1.9 5.6 3.8 1.9 750 to 999 2.7 2.4 3.6 1.3 100 to 199 1.9 1.9 5.8 1.0 1000 above 2.0 7.1 3.4 6.0
200 to 349 3.0 2.7 2.9 1.4350 up 7.0 4.2 5.2 6.0Up to 8 1.9 0.0 1.7 2.4 499 below 1.8 2.3 2.6 1.09 to 50 2.0 1.9 1.0 1.7 500 to 749 3.3 3.2 4.1 3.151 to 99 2.1 3.5 2.2 1.9 750 to 999 5.0 3.1 3.4 3.3100 to 199 2.9 3.1 4.0 2.1 1000 above 6.3 4.2 3.8 3.4200 to 349 7.1 3.6 3.5 3.0350 up 3.3 3.6 4.4 4.3
County
by Market Area for Jefferson County
Golden
(In Percent)
Number of Units
Arvada
Square Feet in Unit
2014
Wheat Ridge
Vacancy Rates by Size of Apartment Unit
(In Percent)by Market Area for Jefferson CountyVacancy Rates by Size of Building
Golden
Jefferson County Jefferson County
Lakewood South Lakewood South
Wheat Ridge
201420132013
County
Lakewood North Lakewood North
Arvada
VIII-10
CountyCounty Year 4th 1st 2nd 3rd 4th 1st 2nd 3rd
To 1959 0.0 Efficiency 6.7 10.0 2.5 3.81960-69 4.4 2.7 1.1 3.2 1 Bed 2.9 3.5 3.3 4.61970-79 2.6 3.0 2.4 1.9 2 Bed, 1 Bath 3.7 3.2 3.0 4.31980-89 5.9 7.2 12.2 2 Bed, 2 Bath 3.9 5.6 4.0 5.61990-99 3 Bed 8.1 7.4 0.9 2.82000-04 Other 0.0 0.0 10.02005 up 8.3 7.1 2.6 5.1 All 3.9 4.2 3.2 4.5To 1959 0.0 0.0 0.0 0.0 Efficiency 0.0 0.0 5.7 0.01960-69 0.0 0.0 0.0 0.0 1 Bed 3.3 3.1 2.1 2.41970-79 1.9 1.6 4.4 1.6 2 Bed, 1 Bath 0.0 0.0 0.0 0.01980-89 2 Bed, 2 Bath 4.7 3.9 4.6 2.01990-99 6.6 6.6 3.0 2.5 3 Bed 0.0 2.2 8.5 2.22000-04 8.9 4.4 0.0 4.4 Other2005 up All 3.6 3.3 3.7 2.1To 1959 1.9 1.8 0.6 1.8 Efficiency 0.0 5.6 0.0 0.01960-69 2.9 2.4 1.1 3.1 1 Bed 3.2 3.3 3.8 3.61970-79 1.4 3.1 3.8 1.1 2 Bed, 1 Bath 3.7 4.4 3.8 1.91980-89 4.8 5.1 3.8 3.6 2 Bed, 2 Bath 4.9 2.9 2.3 2.71990-99 3 Bed 1.3 4.0 1.9 5.02000-04 2.8 1.2 4.5 2.9 Other 2.4 0.0 4.6 1.12005 up 9.1 9.1 All 3.4 3.2 3.4 2.9To 1959 Efficiency 1.2 0.0 1.1 1.71960-69 0.0 5.0 3.0 0.0 1 Bed 5.9 3.3 3.9 2.81970-79 2.6 3.6 4.2 2.5 2 Bed, 1 Bath 4.1 3.1 3.3 3.71980-89 3.8 3.1 4.2 1.8 2 Bed, 2 Bath 6.9 3.5 3.7 2.71990-99 3.0 2.8 3.5 3.3 3 Bed 3.8 2.9 7.5 4.12000-04 4.8 4.9 4.3 4.8 Other 1.7 4.2 0.0 2.02005 up 67.1 All 5.6 3.3 3.9 2.9To 1959 0.0 0.0 0.0 0.0 Efficiency 4.3 3.1 3.1 4.81960-69 1.6 3.1 3.2 1.1 1 Bed 2.2 3.5 3.7 3.11970-79 4.0 3.3 3.7 3.0 2 Bed, 1 Bath 3.8 3.2 4.3 1.81980-89 0.0 2.1 2.1 2 Bed, 2 Bath 0.4 0.0 1.2 0.71990-99 3 Bed 1.9 5.8 2.9 7.62000-04 Other 12.1 2.0 3.0 0.02005 up All 3.5 3.2 3.5 2.7To 1959 1.7 1.6 0.5 1.6 Efficiency 1.6 3.6 3.3 2.71960-69 2.7 2.8 1.9 2.3 1 Bed 4.5 3.3 3.6 3.21970-79 2.8 3.2 3.7 2.3 2 Bed, 1 Bath 3.8 3.3 3.4 3.31980-89 4.3 3.8 4.6 4.2 2 Bed, 2 Bath 5.8 3.5 3.6 3.01990-99 3.4 3.2 3.4 3.2 3 Bed 3.8 4.4 5.0 4.32000-04 4.0 3.9 4.3 3.9 Other 6.4 1.7 2.9 1.22005 up 39.5 7.1 2.8 5.2 All 4.6 3.4 3.7 3.2
Whe
at R
idge
by Market Area for Jefferson CountyVacancy Rates by Apartment Type
(In Percent)
by Market Area for Jefferson CountyVacancy Rates by Age of Building
Lake
woo
d So
uth
Jeffe
rson
Cou
nty
(In Percent)
Jeffe
rson
Cou
nty
Lake
woo
d N
orth
Lake
woo
d So
uth
Lake
woo
d N
orth
Whe
at R
idge
Gol
den
Arva
da
Arva
daApartment Type
2014
Gol
den
20142013 2013
VIII-11
County 4th 1st 2nd 3rd County Year Built 4th 1st 2nd 3rdArvada Arvada To 1959 775.00Efficiency 714.67 892.75 895.38 968.88 1960-69 841.05 848.14 916.54 930.391 Bed 793.37 886.66 937.41 1017.64 1970-79 844.54 874.31 908.95 936.152 Bed, 1 Bath 876.28 887.48 965.57 1012.76 1980-89 854.51 1191.22 1209.122 Bed, 2 Bath 1114.36 1227.94 1279.24 1403.09 1990-993 Bed 1165.73 1193.63 1234.82 1386.92 2000-04All 909.15 978.78 1033.08 1114.65 2005 up 1307.38 1234.90 1239.18 1366.66Golden Golden To 1959 630.83 663.33 672.50 726.67Efficiency 639.77 511.25 880.64 657.50 1960-69 919.00 885.00 920.00 4583.001 Bed 1035.40 1035.64 1140.93 1226.63 1970-79 909.96 939.39 967.95 987.002 Bed, 1 Bath 920.63 900.56 1200.00 2979.44 1980-892 Bed, 2 Bath 1205.08 1226.49 1425.05 1420.28 1990-99 1366.57 1317.54 1582.81 1536.033 Bed 1170.89 1186.96 1530.24 1235.13 2000-04 2082.96 2110.62 2113.49 2133.91All 1094.64 1112.04 1227.66 1316.59 2005 upLakewood North Lakewood North To 1959 733.41 762.45 774.51 739.73Efficiency 584.39 553.08 570.74 489.14 1960-69 839.48 842.05 865.79 870.671 Bed 850.61 826.39 936.38 952.26 1970-79 736.09 744.42 779.23 821.292 Bed, 1 Bath 936.76 874.47 1330.95 1045.44 1980-89 980.89 958.81 991.26 1049.082 Bed, 2 Bath 1131.75 1325.72 1119.72 1408.65 1990-993 Bed 1391.65 1005.70 1309.29 1638.13 2000-04 1168.02 1759.74 1094.22 1462.23All 958.26 994.72 1089.46 1135.97 2005 up 935.23 997.73Lakewood South Lakewood South To 1959Efficiency 704.40 722.31 729.95 730.60 1960-69 976.00 1068.00 880.38 912.091 Bed 951.26 939.28 1013.10 1049.29 1970-79 906.95 956.67 994.56 1054.212 Bed, 1 Bath 990.84 1045.78 1075.02 1138.56 1980-89 1105.87 1104.48 1144.52 1277.222 Bed, 2 Bath 1169.86 1204.49 1272.26 1337.96 1990-99 1118.20 1157.86 1258.53 1277.453 Bed 1419.01 1498.57 1604.59 1599.66 2000-04 1203.49 1298.52 1287.29 1280.20All 1053.30 1082.60 1148.90 1210.86 2005 up 1494.50Wheat Ridge Wheat Ridge To 1959 802.25 807.38 814.75 825.25Efficiency 628.67 712.46 739.65 761.73 1960-69 860.77 840.54 862.40 844.151 Bed 696.72 751.80 767.68 803.79 1970-79 816.30 817.86 833.39 881.042 Bed, 1 Bath 849.40 859.17 861.51 911.04 1980-89 825.00 825.00 858.852 Bed, 2 Bath 866.38 795.17 828.02 840.98 1990-993 Bed 1129.94 1129.27 1158.93 1190.90 2000-04All 822.79 821.08 836.77 874.40 2005 upJefferson County To 1959 736.13 763.11 774.68 747.07Efficiency 679.61 718.97 792.36 757.10 1960-69 852.72 850.58 879.82 909.921 Bed 902.43 910.86 983.94 1017.75 1970-79 867.64 901.49 933.99 970.252 Bed, 1 Bath 924.73 943.07 1052.37 1048.38 1980-89 1024.92 1057.96 1108.25 1194.232 Bed, 2 Bath 1143.89 1205.68 1260.47 1342.47 1990-99 1146.30 1175.32 1297.65 1299.813 Bed 1310.14 1334.54 1441.69 1506.48 2000-04 1219.01 1460.01 1235.05 1389.82All 994.94 1032.66 1100.97 1155.20 2005 up 1406.60 1234.90 1228.22 1358.45
Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average Rents by Age of Building by
(In Dollars)Market Area for Jefferson County
Average Rents by Apartment Type by
(In Dollars)Market Area for Jefferson County
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
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 and concessions.
2013
Jefferson County
2013 20142014
VIII-12
4th 1st 2nd 3rd County 4th 1st 2nd 3rdArvada ArvadaUp to 8 705.76 725.47 753.71 815.46 Efficiency 752.50 935.45 935.45 939.829 to 50 721.02 734.19 748.30 788.35 1 Bed 788.44 848.17 848.31 1088.3851 to 99 913.32 914.97 1028.61 1041.91 2 Bed, 1 Bath 864.30 883.35 937.45 991.30100 to 199 858.91 893.14 922.84 939.10 2 Bed, 2 Bath 970.85 1343.10 1323.40 1367.95200 to 349 967.34 1065.51 1081.51 1127.27 3 Bed 1069.00 1137.68 1190.94 1282.00350 and up 1191.22 1344.02 All 859.50 912.54 997.56 1095.64Golden GoldenUp to 8 763.16 767.63 802.89 1791.32 Efficiency 625.00 442.00 887.69 682.009 to 50 1385.20 1831.89 1837.05 1438.79 1 Bed 843.58 894.40 972.60 1382.6351 to 99 2 Bed, 1 Bath 845.20 882.00 1046.00 1032.00100 to 199 1241.30 2 Bed, 2 Bath 1060.21 1086.29 1168.32 1097.39200 to 349 1072.72 1074.51 1194.20 1283.50 3 Bed 1180.67 1189.41 1222.43 1236.80350 and up All 1014.94 1042.07 1059.33 1377.37Lakewood North Lakewood NorthUp to 8 821.34 832.58 832.38 875.05 Efficiency 605.24 535.88 541.00 417.579 to 50 751.17 759.40 1685.81 800.08 1 Bed 837.13 751.74 907.12 1030.3951 to 99 856.19 864.69 885.52 894.82 2 Bed, 1 Bath 1004.00 858.22 898.16 929.00100 to 199 732.10 746.10 775.15 775.51 2 Bed, 2 Bath 1169.32 1189.85 1099.36 1406.20200 to 349 1759.74 1699.40 3 Bed 1582.12 988.88 1412.31 1931.65350 and up 1090.68 1050.75 1094.04 1277.35 All 989.84 875.83 939.45 1084.55Lakewood South Lakewood SouthUp to 8 750.00 695.00 775.00 Efficiency 710.44 713.00 734.00 755.679 to 50 958.28 851.70 818.92 909.54 1 Bed 923.46 919.50 1037.52 1049.5551 to 99 880.13 780.97 913.65 926.57 2 Bed, 1 Bath 936.59 1039.54 1086.50 1038.00100 to199 987.37 973.62 989.65 1004.71 2 Bed, 2 Bath 1142.24 1190.55 1245.23 1273.60200 to 349 1067.84 1110.94 1205.12 1206.32 3 Bed 1386.23 1395.74 1591.00 1540.05350 and up 1081.59 1120.62 1193.82 1327.34 All 1032.53 1084.05 1140.08 1189.80Wheat Ridge Wheat RidgeUp to 8 777.84 809.81 791.71 830.33 Efficiency 636.88 691.63 716.63 767.199 to 50 749.49 735.88 768.98 784.10 1 Bed 668.05 741.40 741.40 818.4151 to 99 698.02 655.00 759.25 790.77 2 Bed, 1 Bath 885.31 876.80 868.33 951.68100 to199 948.36 938.74 973.69 926.80 2 Bed, 2 Bath 813.71 788.13 821.84 849.44200 to 349 782.38 766.48 792.88 833.95 3 Bed 1186.07 1278.32 1303.32 1327.89350 and up 923.46 919.26 917.91 972.10 All 794.27 790.61 814.99 846.25Jefferson County Jefferson CountyUp to 8 775.42 797.35 800.07 985.17 Efficiency 703.77 697.91 841.31 760.279 to 50 837.13 852.46 1208.51 875.05 1 Bed 858.91 890.82 960.96 1024.7351 to 99 854.26 835.80 906.35 930.38 2 Bed, 1 Bath 888.68 885.68 932.32 965.53100 to 199 906.62 908.93 968.26 949.42 2 Bed, 2 Bath 1107.73 1183.91 1240.08 1352.92200 to 349 1011.62 1089.39 1140.01 1183.05 3 Bed 1283.71 1293.05 1403.08 1490.79350 and up 1070.56 1091.54 1152.92 1292.80 All 956.59 992.13 1064.84 1127.80
Median Rents by Apartment Type by Market Area
(In Dollars)for Jefferson County
Average Rents by Size of Building by Market Area
(in dollars)for Jefferson County
Number of Units
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts and concessions.
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 and concessions.
Rents reflect units being unfurnished with tenants paying gas and electricity.
2014 20142013 2013
VIII-13
County CountyApartment Type 4th 1st 2nd 3rd Apartment Square Feet 4th 1st 2nd 3rdArvada ArvadaEfficiency 1.69 1.64 1.65 1.721 Bed 1.24 1.29 1.39 1.46 499 below 1.88 1.90 1.95 1.962 Bed, 1 Bath 1.05 1.05 1.17 1.22 500 to 749 1.22 1.21 1.37 1.432 Bed, 2 Bath 1.12 1.18 1.27 1.33 750 to 999 1.07 1.14 1.24 1.323 Bed 1.09 1.10 1.14 1.23 1000 above 1.14 1.16 1.20 1.30All 1.13 1.16 1.27 1.34Golden GoldenEfficiency 1.43 1.49 1.52 1.571 Bed 1.48 1.47 1.60 1.67 499 below 1.43 1.49 1.52 1.572 Bed, 1 Bath 1.27 1.26 1.41 3.72 500 to 749 1.39 1.46 1.54 1.652 Bed, 2 Bath 1.26 1.29 1.46 1.44 750 to 999 1.42 1.38 1.50 1.573 Bed 1.08 1.10 1.38 1.14 1000 above 1.20 1.22 1.58 1.46All 1.38 1.38 1.53 1.56Lakewood North Lakewood NorthEfficiency 1.43 1.35 1.50 1.291 Bed 1.32 1.27 1.31 1.42 499 below 1.39 1.43 1.50 1.292 Bed, 1 Bath 1.04 1.03 1.08 1.18 500 to 749 1.31 1.22 1.31 1.402 Bed, 2 Bath 1.17 1.19 1.18 1.34 750 to 999 1.06 1.00 1.09 1.243 Bed 1.13 0.87 1.07 1.33 1000 above 1.10 1.19 1.08 1.25All 1.20 1.18 1.20 1.32Lakewood South Lakewood SouthEfficiency 1.47 1.67 1.66 1.911 Bed 1.32 1.30 1.40 1.46 499 below 1.93 2.16 2.14 2.312 Bed, 1 Bath 1.13 1.18 1.22 1.29 500 to 749 1.31 1.30 1.38 1.462 Bed, 2 Bath 1.14 1.18 1.25 1.28 750 to 999 1.23 1.24 1.32 1.383 Bed 1.11 1.20 1.26 1.28 1000 above 1.11 1.16 1.22 1.24All 1.22 1.24 1.31 1.35Wheat Ridge Wheat RidgeEfficiency 1.84 2.00 2.08 2.151 Bed 1.14 1.24 1.27 1.33 499 below 1.79 2.01 2.03 2.112 Bed, 1 Bath 1.00 1.02 1.02 1.08 500 to 749 1.16 1.24 1.27 1.332 Bed, 2 Bath 0.94 0.93 0.92 0.95 750 to 999 0.98 1.00 1.01 1.063 Bed 1.06 1.08 1.11 1.13 1000 above 0.97 1.10 0.97 1.00All 1.07 1.16 1.16 1.21Jefferson County Jefferson CountyEfficiency 1.52 1.71 1.74 1.841 Bed 1.31 1.31 1.39 1.45 499 below 1.58 1.71 1.91 1.972 Bed, 1 Bath 1.07 1.10 1.15 1.22 500 to 749 1.28 1.29 1.36 1.432 Bed, 2 Bath 1.14 1.19 1.25 1.29 750 to 999 1.17 1.19 1.27 1.343 Bed 1.10 1.14 1.21 1.26 1000 above 1.11 1.16 1.22 1.25All 1.20 1.22 1.29 1.34
Average Rent Per Square Foot by Apartment Unit Size
Average rents do not reflect "rental losses" due to concessions and discounts.
Rents are based on units being unfurnished with tenants paying gas and electricity.
by Market Area for Jefferson CountyAverage Rent per Square Foot by Apartment Type
(In Dollars)
by Market Area for Jefferson County
Average rents do not reflect "rental losses" due to discounts and concessions.
Rents are based on units being unfurnished with tenants paying gas and electricity.
2013 2014 2014
(In Dollars)
2013
VIII-14
Building
Building Type 4th 1st 2nd 3rd Type 4th 1st 2nd 3rd
Size Size (in units)Up to 8 0.6 1.0 0.5 17.2 Up to 6 2.5 1.0 2.1 19.69 - 50 -1.6 -0.4 30.9 1.9 9 - 50 0.4 1.5 31.9 3.751 - 99 8.3 3.7 3.7 6.7 51 - 99 10.3 7.2 5.9 8.7100 - 199 5.2 0.1 1.4 4.4 100 - 199 8.1 3.2 5.4 6.6200 to 349 10.4 5.2 11.2 7.6 200 to 349 17.4 8.8 14.7 10.6350 up 5.4 6.4 8.3 10.1 350 up 8.8 10.0 12.6 14.4 Age Age (year built)To 1959 5.9 8.4 8.9 1.7 To 1959 7.6 10.0 9.5 3.31960-69 3.6 2.5 2.3 8.6 1960-69 6.3 5.2 4.1 10.91970-79 4.5 3.4 5.1 8.7 1970-79 7.2 6.6 8.8 11.11980-89 3.9 6.6 5.3 7.5 1980-89 8.3 10.3 9.9 11.81990-99 7.8 6.2 13.5 8.4 1990-99 11.2 9.4 16.9 11.72000-04 2.5 2.7 2.2 10.3 2000-04 6.5 6.6 6.4 14.22005 up 4.6 -3.0 -5.0 0.6 2005 up 44.1 4.2 -2.2 5.8
Market Area Market AreaArvada 4.4 -1.9 0.9 3.4 Arvada 8.3 2.3 4.1 8.0Golden -10.0 0.7 6.2 5.0 Golden -6.4 4.0 9.9 7.2Lakewood North 4.9 7.0 19.6 8.2 Lakewood North 8.3 10.3 23.0 11.1Lakewood South 8.8 6.0 9.1 9.6 Lakewood South 14.4 9.3 13.0 12.6Wheat Ridge 8.1 8.2 6.5 8.2 Wheat Ridge 11.5 11.4 10.0 10.8
Average 7.5 4.3 9.5 7.9 Average 12.1 7.7 13.2 11.1
Includes Discounts and Concessions
(In Percent)
Defined as Physcial Vacancy Plus Discounts and Concessions
(In Percent)
2013 2013
and Market Area for Jefferson CountyEconomic Vacancy Rates by Size, Age
and Market Area for Jefferson CountyRental Losses by Size, Age
as a Percentage of Gross Potential RentAverage Rent Minus Losses Equals Effective Rent
2014 2014
VIII-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsArvada 968.88 1017.64 1012.76 1403.09 1386.92 1114.65Golden 657.50 1226.63 2979.44 1420.28 1235.13 1316.59Lakewood North 489.14 952.26 1045.44 1408.65 1638.13 1243.34 1135.97Lakewood South 730.60 1049.29 1138.56 1337.96 1599.66 1207.43 1210.86Wheat Ridge 761.73 803.79 911.04 840.98 1190.90 856.51 874.40Jefferson County Average 757.10 1017.75 1048.38 1342.47 1506.48 1154.62 1155.20
Buildings with up to 6 UnitsArvada 698.33 930.71 823.46Golden 480.00 846.67 4659.00 2479.55Lakewood North 795.00 1199.57 972.00Lakewood South 775.00 775.00Wheat Ridge 703.33 790.08 1190.00 842.28Jefferson County Average 480.00 736.67 1324.24 1196.70 1151.87
Buildings with 7 to 36 UnitsArvada 576.40 745.75 1016.67 791.11Golden 688.82 781.09 880.00 758.96Lakewood North 600.00 708.15 770.00 917.22 1159.00 947.19 769.55Lakewood South 767.50 855.00 1095.50 1008.79Wheat Ridge 590.00 666.16 809.25 900.00 815.00 748.41Jefferson County Average 664.78 709.82 780.52 916.32 1045.00 1029.58 780.96
Buildings with 37 and Above UnitsArvada 968.88 1021.43 1022.72 1403.09 1409.13 1121.78Golden 1278.30 1420.28 1235.13 1342.37Lakewood North 471.40 988.48 1125.89 1429.71 1675.31 1270.73 1186.68Lakewood South 730.60 1049.66 1142.15 1337.96 1599.66 1224.52 1211.91Wheat Ridge 767.46 815.64 929.40 840.58 1194.65 856.51 884.59Jefferson County Average 772.25 1028.75 1064.26 1344.31 1517.58 1166.25 1167.86
Buildings with 5 Stories and AboveArvadaGolden 1871.38 2363.63 2133.91Lakewood NorthLakewood South 1016.00 1179.00 1094.69Wheat RidgeJefferson County Average 1121.05 1352.36 1234.29
Average Rents for Jefferson County(in dollars)
AllOther3 Bed1 BedEfficency
VIII-16
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 818.60 1056.84 1127.14 1397.26 1668.08 1220.49 720.82 971.54 985.42 1267.27 1370.55 1083.04 137.45
Patio or Balcony 854.42 1088.60 1152.43 1424.03 1653.30 1249.78 698.57 790.55 873.41 1022.39 1131.76 899.63 350.15
Fireplace 714.17 1125.15 1235.48 1444.80 1719.62 1298.62 758.30 895.27 967.37 1189.57 1319.51 1015.59 283.03
Nine-Foot Ceilings 902.64 1137.55 1255.66 1471.91 1755.73 1315.54 693.78 862.87 974.34 1130.58 1287.83 990.43 325.11
Swimming Pool 817.86 1067.20 1116.15 1423.70 1572.31 1218.69 608.05 781.36 857.31 1036.61 1247.77 918.98 299.71
Spa or Sauna 908.49 1139.56 1174.83 1475.30 1770.98 1293.65 694.02 901.33 1006.99 1205.73 1420.42 1054.98 238.67
Exercise Room 999.51 1131.69 1251.82 1453.52 1716.44 1306.22 691.62 773.64 893.08 993.28 1164.04 890.42 415.80
Sport Court 1172.06 1325.35 1552.54 1670.76 1393.36 757.10 989.59 1011.83 1291.16 1440.59 1109.12 284.25
Microwave 1012.27 1159.79 1272.78 1496.52 1754.28 1339.53 691.86 903.11 1001.05 1173.97 1396.65 1034.76 304.76
Washer/Dryer Hookups 1012.27 1160.36 1236.15 1479.61 1641.37 1324.50 691.86 825.20 951.46 1093.83 1295.96 957.80 366.70
Garbage Disposal 762.20 1053.98 1087.42 1416.05 1547.62 1200.84 730.00 771.38 845.62 987.93 1200.38 902.86 297.98
Dishwasher 770.22 1060.19 1102.79 1416.22 1581.03 1209.61 699.51 764.06 850.02 987.65 1167.10 897.74 311.87
Air Conditioning 762.79 1055.78 1109.89 1416.05 1611.51 1209.10 726.86 769.48 846.11 987.93 1141.99 904.38 304.72
Ceiling Fan 812.14 1036.01 1095.16 1427.96 1575.73 1198.50 615.97 980.51 912.64 1202.26 1357.00 1070.38 128.12
Attached Garage 1263.07 1482.43 1679.77 1896.51 1483.56 757.10 951.35 1027.35 1227.51 1460.62 1082.50 401.06
Covered Parking 903.82 1098.30 1217.34 1440.34 1760.83 1277.33 694.63 950.72 969.09 1250.93 1328.02 1066.79 210.54
Clubhouse 977.20 1130.11 1221.77 1469.71 1716.28 1303.29 691.07 806.83 893.89 1031.15 1189.28 914.79 388.50
Business Center 999.51 1132.31 1268.55 1442.62 1706.98 1308.39 691.62 803.52 909.17 1028.70 1165.99 908.91 399.48
Pets Allowed 768.22 1071.42 1119.11 1422.59 1570.11 1225.00 735.89 768.42 839.78 981.38 1150.54 879.91 345.09
Resident Pays Sewer/Water 790.06 1075.33 1131.60 1432.66 1646.21 1231.79 691.62 789.84 887.68 1046.19 1211.36 933.43 298.37
Unit Security/Alarm System 1141.81 1313.42 1467.04 1774.17 1327.79 757.10 993.09 1024.25 1316.33 1454.70 1126.04 201.75
Handicapped Access 862.86 1077.12 1163.69 1431.36 1690.54 1246.92 726.97 939.59 981.23 1230.49 1343.78 1060.54 186.38
Heat Included in Rent 656.43 888.68 874.68 1622.96 991.67 973.63 771.71 1021.93 1054.72 1339.06 1509.42 1159.87 -186.23
Feature/Amenity Efficiency 1 Bed 3 Bed
With Feature/Amenity Without Feature/Amenity
3 Bed All
Average Rent for Apartment Building/Community Features and Amenities in Jefferson County(In Dollars)
All Efficiency 1 Bed
VIII-17
First Second Third Fourth Year-End2011 41571 41571 41662 41662 41571
0 91 0 15 10641571 41662 41662 41677 416774.7% 4.5% 3.2% 4.4% 4.4%
39617 39787 40332 39861 398611954 1875 1330 1816 1816
-83 170 545 -471 1612012 41677 41677 42105 42105 41677
0 428 0 0 42841677 42105 42105 42105 421053.8% 4.0% 3.7% 4.2% 4.2%
40092 40018 40543 40341 403371585 1659 1562 1764 1768231 -74 525 -202 475
2013 42105 42105 42105 42215 421050 0 110 56 166
42105 42105 42215 42271 422713.7% 3.7% 3.6% 4.6% 4.6%
40556 40539 40698 40310 403101549 1566 1517 1961 1961215 -17 159 -388 -27
2014 42271 42271 428660 595 0
42271 42866 428663.4% 3.7% 3.2%
40827 41298 414971444 1568 1369518 471 200
Due to rounding of the vacancy rate, numbers may not always add exactly.
Beginning Inventory Units Added
Ending Inventory
2007 1st 41206 120 413262nd 41326 72 413983rd 41398 60 414584th 41458 0 41458
2008 1st 41458 0 414582nd 41458 0 414583rd 41458 30 414884th 41488 0 41488
2009 1st 41488 0 414882nd 41488 0 414883rd 41488 0 414884th 41488 0 41488
2010 1st 41488 0 414882nd 41488 0 414883rd 41488 0 414884th 41488 83 41571
2011 1st 41571 0 415712nd 41571 91 416623rd 41662 0 416624th 41662 15 41677
2012 1st 41677 0 416772nd 41677 428 421053rd 42105 0 421054th 42105 0 42105
2013 1st 42105 0 421052nd 42105 0 421053rd 42105 110 422154th 42215 56 42271
2014 1st 42271 0 422712nd 42271 595 428663rd 42866 0 428664th
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Apartment Unit Absorption by Quarter and Year for Jefferson County
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Estimate of New Apartments by Quarter for Jefferson County
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year Units Added this Quarter Total Units AvailableQuarterly Vacancy RateUnits RentedUnits Vacant
VIII-18
Building Type 4th 1st 2nd 3rd
SizeUp to 8 1.4 2.2 4.1 2.79 - 50 3.4 1.2 1.7 2.651-99 2.5 2.9 3.0 4.1100 - 199 4.9 3.7 6.0 5.5200 to 349 3.2 3.7 4.6 4.8350 up 3.4 2.8 4.8 6.2
AgeTo 1959 3.7 4.3 3.7 3.31960-69 3.7 2.8 3.0 3.21970-79 3.3 3.1 4.4 4.21980-89 4.6 4.2 5.2 6.11990-99 3.6 3.1 4.9 5.62000-04 3.9 1.7 5.7 5.02005 up 1.8 5.4 6.4 7.2
Market AreaArvada 4.1 4.2 4.2 5.4Golden 1.6 2.5 6.3 0.0Lakewood North 3.4 3.9 5.7 4.7Lakewood South 3.6 2.9 4.7 5.5Wheat Ridge 2.5 3.7 4.2 4.4
County Average 3.5 3.3 4.8 5.2
By Size, Age of Building, and Market Area
2014
for Jefferson County
Monthly Resident Turnover
(In Percent)
2013
VIII-19
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225 1 0.0% 1 0.0%$226 to $250$251 to $275$276 to $300$301 to $325$326 to $350$351 to $375$376 to $400$401 to $425 21 0.0% 1 0.0% 22 0.0%$426 to $450$451 to $475$476 to $500 3 0.0% 4 0.0% 7 0.0%$501 to $525 2 0.0% 1 0.0% 3 0.0%$526 to $550 1 0.0% 3 0.0% 4 0.0%$551 to $575 10 0.0% 2 0.0% 12 0.0%$576 to $600 6 0.0% 15 0.0% 2 0.0% 23 0.0%$601 to $625 4 28 14.3% 8 0.0% 4 36 11.1%$626 to $650 4 0.0% 1 47 2.1% 5 0.0% 1 56 1.8%$651 to $675 1 20 5.0% 52 0.0% 7 0.0% 2 0.0% 1 81 1.2%$676 to $700 19 0.0% 1 91 1.1% 1 31 3.2% 2 141 1.4%$701 to $725 7 0.0% 3 111 2.7% 59 0.0% 3 177 1.7%$726 to $750 2 290 0.7% 4 106 3.8% 2 0.0% 6 398 1.5%$751 to $775 2 79 2.5% 2 298 0.7% 1 46 2.2% 5 0.0% 5 428 1.2%$776 to $800 1 17 5.9% 9 192 4.7% 1 49 2.0% 38 0.0% 24 0.0% 11 320 3.4%$801 to $825 6 309 1.9% 58 0.0% 3 55 5.5% 1 2 50.0% 10 424 2.4%$826 to $850 13 414 3.1% 6 93 6.5% 1 83 1.2% 48 0.0% 20 638 3.1%$851 to $875 1 26 3.8% 3 75 4.0% 120 0.0% 22 0.0% 4 243 1.6%$876 to $900 1 183 0.5% 4 308 1.3% 1 61 1.6% 1 0.0% 26 0.0% 6 579 1.0%$901 to $925 5 0.0% 3 320 0.9% 1 38 2.6% 8 0.0% 5 0.0% 4 376 1.1%$926 to $950 1 33 3.0% 61 0.0% 2 86 2.3% 1 58 1.7% 21 0.0% 4 0.0% 4 263 1.5%$951 to $975 7 193 3.6% 8 313 2.6% 3 40 7.5% 1 0.0% 7 0.0% 18 554 3.2%$976 to $1000 5 135 3.7% 4 152 2.6% 1 90 1.1% 1 0.0% 8 0.0% 10 386 2.6%$1001 to 1025 12 450 2.7% 5 0.0% 1 92 1.1% 2 48 4.2% 3 0.0% 15 598 2.5%$1026 to 1050 2 147 1.4% 5 194 2.6% 1 59 1.7% 1 40 2.5% 7 0.0% 9 447 2.0%$1051 to 1075 1 27 3.7% 25 0.0% 6 0.0% 12 0.0% 1 70 1.4%$1076 to 1100 21 562 3.7% 77 0.0% 24 0.0% 34 0.0% 21 697 3.0%$1101 to 1125 27 222 12.2% 10 110 9.1% 8 0.0% 1 51 2.0% 7 0.0% 38 398 9.5%$1126 to 1150 15 266 5.6% 3 64 4.7% 216 0.0% 7 0.0% 1 15 6.7% 19 568 3.3%$1151 to 1175 11 263 4.2% 38 0.0% 3 0.0% 5 0.0% 11 309 3.6%$1176 to 1200 10 368 2.7% 2 31 6.5% 12 319 3.8% 1 12 8.3% 9 0.0% 25 739 3.4%$1201 to 1225 1 12 8.3% 7 175 4.0% 7 175 4.0% 9 0.0% 1 0.0% 15 372 4.0%$1226 to 1250 12 291 4.1% 1 8 12.5% 3 152 2.0% 10 0.0% 3 0.0% 16 464 3.4%$1251 to 1275 18 135 13.3% 14 327 4.3% 2 61 3.3% 3 66 4.5% 37 589 6.3%$1276 to 1300 1 64 1.6% 16 0.0% 1 45 2.2% 34 0.0% 2 159 1.3%$1301 to 1325 5 177 2.8% 21 0.0% 3 0.0% 5 201 2.5%$1326 to 1350 1 128 0.8% 8 77 10.4% 2 116 1.7% 8 60 13.3% 1 0.0% 19 382 5.0%$1351 to 1375 4 0.0% 28 462 6.1% 24 0.0% 28 490 5.7%$1376 to 1400 5 201 2.5% 9 185 4.9% 3 120 2.5% 4 64 6.3% 1 0.0% 21 571 3.7%$1401 to 1425 5 120 4.2% 5 120 4.2%$1426 to 1450 3 60 5.0% 21 0.0% 5 81 6.2% 8 162 4.9%$1451 to 1475 6 106 5.7% 6 106 5.7%$1476 to 1400 84 0.0% 6 131 4.6% 1 43 2.3% 7 258 2.7%$1501 to 1525 3 72 4.2% 3 198 1.5% 6 270 2.2%$1526 to 1550 8 123 6.5% 8 123 6.5%$1551 to 1575 1 81 1.2% 1 81 1.2%$1576 to 1500 7 160 4.4% 1 20 5.0% 8 180 4.4%$1601 to 1625$1626 to 1650 1 0.0% 84 0.0% 85 0.0%$1651 to 1675 58 0.0% 7 146 4.8% 2 41 4.9% 9 245 3.7%$1676 to 1600 4 0.0% 3 38 7.9% 3 42 7.1%$1701 to 1725$1726 to 1750 4 0.0% 6 254 2.4% 6 258 2.3%$1751 to 1775$1776 to 1800 1 0.0% 3 251 1.2% 3 252 1.2%$1801 to 1825 2 32 6.3% 2 32 6.3%$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926 2 111 1.8% 2 111 1.8%$1926 to 1950 4 159 2.5% 4 159 2.5%$1951 to 1975$1976 to 2000 2 9 22.2% 1 58 1.7% 3 67 4.5%$2000 and up 2 0.0% 3 0.0% 24 0.0% 2 40 5.0% 2 69 2.9%TOTALS 6 221 2.7% 189 5826 3.2% 97 2899 3.3% 132 4422 3.0% 45 1055 4.3% 5 423 1.2% 474 14846 3.2%
Vacancy Rates During the Current QuarterJefferson County
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
VIII-20
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 2 0.0% 1 0.0% 3 0.0%$526 to $550 1 0.0% 1 0.0% 2 0.0%$551 to $575 9 0.0% 1 0.0% 10 0.0%$576 to $600 9 0.0% 2 0.0% 11 0.0%$601 to $625 3 14 21.4% 2 0.0% 3 16 18.8%$626 to $650 1 23 4.3% 3 0.0% 1 26 3.8%$651 to $675 13 0.0% 6 0.0% 19 0.0%$676 to $700 7 0.0% 16 0.0% 1 11 9.1% 1 34 2.9%$701 to $725 26 0.0% 39 0.0% 65 0.0%$726 to $750 31 0.0% 3 51 5.9% 3 82 3.7%$751 to $775 11 0.0% 1 31 3.2% 1 42 2.4%$776 to $800 11 0.0% 18 0.0% 29 0.0%$801 to $825 1 0.0% 12 0.0% 13 0.0%$826 to $850 4 204 2.0% 1 41 2.4% 5 245 2.0%$851 to $875 26 0.0% 26 0.0%$876 to $900 12 0.0% 54 0.0% 1 0.0% 67 0.0%$901 to $925 18 0.0% 8 0.0% 26 0.0%$926 to $950 1 33 3.0% 60 0.0% 2 36 5.6% 3 129 2.3%$951 to $975 85 0.0% 85 0.0%$976 to $1000 24 0.0% 4 149 2.7% 4 173 2.3%$1001 to 1025 3 0.0% 1 29 3.4% 6 0.0% 1 38 2.6%$1026 to 1050 5 191 2.6% 2 0.0% 5 193 2.6%$1051 to 1075 1 0.0% 1 0.0%$1076 to 1100 9 159 5.7% 48 0.0% 3 0.0% 9 210 4.3%$1101 to 1125 27 222 12.2% 4 61 6.6% 1 50 2.0% 32 333 9.6%$1126 to 1150 3 0.0% 3 0.0%$1151 to 1175 2 0.0% 2 0.0%$1176 to 1200 5 0.0% 5 0.0%$1201 to 1225 1 12 8.3% 1 73 1.4% 2 0.0% 2 87 2.3%$1226 to 1250$1251 to 1275 17 126 13.5% 14 0.0% 17 140 12.1%$1276 to 1300 1 36 2.8% 1 36 2.8%$1301 to 1325 5 177 2.8% 3 0.0% 5 180 2.8%$1326 to 1350 1 48 2.1% 1 0.0% 1 49 2.0%$1351 to 1375 19 228 8.3% 19 228 8.3%$1376 to 1400 8 77 10.4% 8 77 10.4%$1401 to 1425$1426 to 1450 21 0.0% 4 73 5.5% 4 94 4.3%$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550 12 0.0% 12 0.0%$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675 7 146 4.8% 2 41 4.9% 9 187 4.8%$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 2 22 9.1% 2 22 9.1%TOTALS 2 52 3.8% 50 1098 4.6% 46 1066 4.3% 32 572 5.6% 6 212 2.8% 136 3000 4.5%
Vacancy Rates During the Current QuarterArvada
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
VIII-21
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 3 0.0% 3 0.0%$501 to $525$526 to $550$551 to $575$576 to $600$601 to $625$626 to $650 4 0.0% 4 0.0%$651 to $675$676 to $700 12 0.0% 1 0.0% 13 0.0%$701 to $725 1 0.0% 1 0.0%$726 to $750 5 0.0% 5 0.0%$751 to $775 1 24 4.2% 1 24 4.2%$776 to $800 31 0.0% 31 0.0%$801 to $825 19 0.0% 1 0.0% 20 0.0%$826 to $850 17 0.0% 2 0.0% 19 0.0%$851 to $875 6 0.0% 2 0.0% 8 0.0%$876 to $900 6 0.0% 4 0.0% 5 0.0% 15 0.0%$901 to $925 2 0.0% 4 0.0% 6 0.0%$926 to $950 2 0.0% 2 0.0%$951 to $975 3 12 25.0% 3 12 25.0%$976 to $1000 30 0.0% 30 0.0%$1001 to 1025 30 0.0% 30 0.0%$1026 to 1050 2 0.0% 25 0.0% 27 0.0%$1051 to 1075 20 0.0% 20 0.0%$1076 to 1100 23 0.0% 1 0.0% 24 0.0%$1101 to 1125 4 0.0% 4 0.0%$1126 to 1150 4 0.0% 2 0.0% 6 0.0%$1151 to 1175 1 0.0% 1 0.0%$1176 to 1200 1 7 14.3% 1 7 14.3%$1201 to 1225 7 0.0% 7 0.0%$1226 to 1250 10 0.0% 10 0.0%$1251 to 1275 8 0.0% 8 0.0%$1276 to 1300 7 0.0% 7 0.0%$1301 to 1325$1326 to 1350 2 0.0% 2 0.0%$1351 to 1375$1376 to 1400 5 201 2.5% 5 201 2.5%$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 1 0.0% 1 0.0%$1651 to 1675$1676 to 1600 4 0.0% 4 0.0%$1701 to 1725$1726 to 1750 4 0.0% 4 0.0%$1751 to 1775$1776 to 1800 1 0.0% 3 119 2.5% 3 120 2.5%$1801 to 1825$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000 2 9 22.2% 2 9 22.2%$2000 and up 2 0.0% 3 0.0% 24 0.0% 29 0.0%TOTALS 20 0.0% 8 333 2.4% 9 0.0% 6 307 2.0% 1 45 2.2% 15 714 2.1%
Vacancy Rates During the Current QuarterGolden
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
VIII-22
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$000 to $225 1 0.0% 1 0.0%$226 to $250$251 to $275$276 to $300$301 to $325$326 to $350$351 to $375$376 to $400$401 to $425 21 0.0% 21 0.0%$426 to $450$451 to $475$476 to $500$501 to $525$526 to $550 2 0.0% 2 0.0%$551 to $575 1 0.0% 1 0.0%$576 to $600 4 0.0% 4 0.0%$601 to $625 9 0.0% 3 0.0% 12 0.0%$626 to $650 6 0.0% 2 0.0% 8 0.0%$651 to $675 31 0.0% 1 0.0% 1 0.0% 33 0.0%$676 to $700 1 47 2.1% 15 0.0% 1 62 1.6%$701 to $725 4 0.0% 59 0.0% 13 0.0% 76 0.0%$726 to $750 1 103 1.0% 23 0.0% 1 0.0% 1 127 0.8%$751 to $775 3 0.0% 9 0.0% 2 0.0% 14 0.0%$776 to $800 6 89 6.7% 1 22 4.5% 8 0.0% 24 0.0% 7 143 4.9%$801 to $825 9 0.0% 5 0.0% 1 1 100.0% 1 15 6.7%$826 to $850 3 0.0% 24 0.0% 27 0.0%$851 to $875 1 10 10.0% 8 0.0% 5 0.0% 5 0.0% 1 28 3.6%$876 to $900 1 12 8.3% 2 103 1.9% 13 0.0% 9 0.0% 3 137 2.2%$901 to $925 1 9 11.1% 5 0.0% 1 14 7.1%$926 to $950 12 0.0% 1 27 3.7% 1 0.0% 4 0.0% 1 44 2.3%$951 to $975 1 31 3.2% 1 7 14.3% 13 0.0% 7 0.0% 2 58 3.4%$976 to $1000 2 19 10.5% 2 0.0% 5 0.0% 2 26 7.7%$1001 to 1025 3 0.0% 2 41 4.9% 1 0.0% 2 45 4.4%$1026 to 1050 1 41 2.4% 1 0.0% 4 0.0% 1 0.0% 1 47 2.1%$1051 to 1075 1 27 3.7% 6 0.0% 1 33 3.0%$1076 to 1100 10 277 3.6% 5 0.0% 10 282 3.5%$1101 to 1125 3 0.0% 7 0.0% 10 0.0%$1126 to 1150 3 22 13.6% 1 15 6.7% 4 37 10.8%$1151 to 1175 10 0.0% 38 0.0% 5 0.0% 53 0.0%$1176 to 1200 2 31 6.5% 5 0.0% 2 36 5.6%$1201 to 1225 1 0.0% 1 0.0%$1226 to 1250 1 8 12.5% 37 0.0% 1 0.0% 1 46 2.2%$1251 to 1275 1 9 11.1% 1 27 3.7% 2 6 33.3% 4 42 9.5%$1276 to 1300 1 0.0% 1 0.0%$1301 to 1325 21 0.0% 21 0.0%$1326 to 1350 1 0.0% 4 0.0% 5 0.0%$1351 to 1375 4 0.0% 32 0.0% 36 0.0%$1376 to 1400 1 108 0.9% 2 0.0% 1 0.0% 1 111 0.9%$1401 to 1425 5 120 4.2% 5 120 4.2%$1426 to 1450 3 60 5.0% 1 8 12.5% 4 68 5.9%$1451 to 1475$1476 to 1400$1501 to 1525 1 6 16.7% 1 6 16.7%$1526 to 1550$1551 to 1575 1 81 1.2% 1 81 1.2%$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 2 111 1.8% 2 111 1.8%$1926 to 1950 3 104 2.9% 3 104 2.9%$1951 to 1975$1976 to 2000$2000 and upTOTALS 29 0.0% 31 859 3.6% 9 475 1.9% 12 438 2.7% 8 159 5.0% 2 189 1.1% 62 2149 2.9%
Vacancy Rates During the Current QuarterLakewood North
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
Efficiencies One Bedroom
Two Bedroom
One Bathroom
Two Bedroom
Two Bathroom Three Bedroom Other Total
VIII-23
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$626 to $650 6 0.0% 6 0.0%$651 to $675 1 20 5.0% 5 0.0% 1 0.0% 1 26 3.8%$676 to $700 22 0.0% 22 0.0%$701 to $725 2 0.0% 3 25 12.0% 3 27 11.1%$726 to $750 1 45 2.2% 1 45 2.2%$751 to $775 36 0.0% 1 260 0.4% 6 0.0% 1 0.0% 1 303 0.3%$776 to $800 3 61 4.9% 3 0.0% 15 0.0% 3 79 3.8%$801 to $825 136 0.0% 1 0.0% 3 35 8.6% 3 172 1.7%$826 to $850 52 0.0% 5 20 25.0% 38 0.0% 5 110 4.5%$851 to $875 10 0.0% 3 17 17.6% 41 0.0% 3 68 4.4%$876 to $900 79 0.0% 2 147 1.4% 1 42 2.4% 1 0.0% 3 269 1.1%$901 to $925 3 0.0% 3 210 1.4% 25 0.0% 3 238 1.3%$926 to $950 1 0.0% 38 0.0% 29 0.0% 68 0.0%$951 to $975 6 162 3.7% 8 0.0% 15 0.0% 6 185 3.2%$976 to $1000 3 92 3.3% 3 0.0% 1 58 1.7% 1 0.0% 1 0.0% 4 155 2.6%$1001 to 1025 12 450 2.7% 2 0.0% 30 0.0% 1 0.0% 2 0.0% 12 485 2.5%$1026 to 1050 1 106 0.9% 1 0.0% 1 33 3.0% 1 10 10.0% 6 0.0% 3 156 1.9%$1051 to 1075 5 0.0% 5 0.0% 6 0.0% 16 0.0%$1076 to 1100 2 126 1.6% 6 0.0% 20 0.0% 29 0.0% 2 181 1.1%$1101 to 1125 6 49 12.2% 1 0.0% 1 0.0% 6 51 11.8%$1126 to 1150 12 244 4.9% 3 64 4.7% 212 0.0% 2 0.0% 15 522 2.9%$1151 to 1175 11 253 4.3% 11 253 4.3%$1176 to 1200 10 368 2.7% 12 319 3.8% 4 0.0% 22 691 3.2%$1201 to 1225 6 102 5.9% 7 175 4.0% 13 277 4.7%$1226 to 1250 12 291 4.1% 3 115 2.6% 2 0.0% 15 408 3.7%$1251 to 1275 13 300 4.3% 33 0.0% 3 66 4.5% 16 399 4.0%$1276 to 1300 1 52 1.9% 16 0.0% 33 0.0% 1 101 1.0%$1301 to 1325$1326 to 1350 1 128 0.8% 8 76 10.5% 1 64 1.6% 1 0.0% 10 269 3.7%$1351 to 1375 9 202 4.5% 24 0.0% 9 226 4.0%$1376 to 1400 3 120 2.5% 4 62 6.5% 7 182 3.8%$1401 to 1425$1426 to 1450$1451 to 1475 6 106 5.7% 6 106 5.7%$1476 to 1400 84 0.0% 6 131 4.6% 1 43 2.3% 7 258 2.7%$1501 to 1525 3 72 4.2% 2 192 1.0% 5 264 1.9%$1526 to 1550 8 111 7.2% 8 111 7.2%$1551 to 1575$1576 to 1500 7 160 4.4% 1 20 5.0% 8 180 4.4%$1601 to 1625$1626 to 1650 84 0.0% 84 0.0%$1651 to 1675 58 0.0% 58 0.0%$1676 to 1600 3 38 7.9% 3 38 7.9%$1701 to 1725$1726 to 1750 6 254 2.4% 6 254 2.4%$1751 to 1775$1776 to 1800 132 0.0% 132 0.0%$1801 to 1825 2 32 6.3% 2 32 6.3%$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950 1 55 1.8% 1 55 1.8%$1951 to 1975$1976 to 2000 1 58 1.7% 1 58 1.7%$2000 and up 18 0.0% 18 0.0%TOTALS 1 58 1.7% 84 3028 2.8% 34 911 3.7% 81 2957 2.7% 22 534 4.1% 3 151 2.0% 225 7639 2.9%
Vacancy Rates During the Current QuarterLakewood South
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
VIII-24
Rent Level Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent Vacant Total Percent
$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 1 0.0% 1 0.0%$426 to $450$451 to $475$476 to $500 4 0.0% 4 0.0%$501 to $525$526 to $550$551 to $575 1 0.0% 1 0.0%$576 to $600 2 0.0% 6 0.0% 8 0.0%$601 to $625 1 4 25.0% 3 0.0% 1 7 14.3%$626 to $650 12 0.0% 12 0.0%$651 to $675 3 0.0% 3 0.0%$676 to $700 5 0.0% 5 0.0% 10 0.0%$701 to $725 1 0.0% 7 0.0% 8 0.0%$726 to $750 106 0.0% 1 32 3.1% 1 0.0% 1 139 0.7%$751 to $775 2 43 4.7% 2 0.0% 2 45 4.4%$776 to $800 1 17 5.9% 6 0.0% 15 0.0% 1 38 2.6%$801 to $825 6 153 3.9% 36 0.0% 14 0.0% 1 0.0% 6 204 2.9%$826 to $850 9 138 6.5% 8 0.0% 1 43 2.3% 48 0.0% 10 237 4.2%$851 to $875 24 0.0% 72 0.0% 17 0.0% 113 0.0%$876 to $900 74 0.0% 1 0.0% 16 0.0% 91 0.0%$901 to $925 92 0.0% 92 0.0%$926 to $950 20 0.0% 20 0.0%$951 to $975 7 213 3.3% 1 0.0% 7 214 3.3%$976 to $1000 2 0.0% 2 0.0%$1001 to 1025$1026 to 1050 24 0.0% 24 0.0%$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 12 0.0% 2 0.0% 14 0.0%$1301 to 1325$1326 to 1350 8 57 14.0% 8 57 14.0%$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 upTOTALS 3 62 4.8% 16 508 3.1% 8 438 1.8% 1 148 0.7% 8 105 7.6% 83 0.0% 36 1344 2.7%
Vacancy Rates During the Current QuarterWheat Ridge
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
Two Bedroom
One Bathroom
Two Bedroom
DEFINITION OF JEFFERSON COUNTY MARKET AREAS AND CENSUS TRACTS
Market Area Boundaries: Arvada North: Jefferson; East Sheridan Blvd. and Boulder-Denver Turnpike;
South: Wheat Ridge and Colorado 58; West Jefferson County Golden North: Colorado 58; East and South: I-70; West: Jefferson County line Lakewood-North North: City of Wheat Ridge and Edgewater; East: Sheridan; South:
Alameda; West: I-70 Lakewood-South North: Alameda; East: City and County of Denver boundary; South and
West: Jefferson County Wheat Ridge All of City of Wheat Ridge and City of Edgewater Census Tracts: Arvada 98.04 (pt), 98.05 (pt), 98.12 (pt), 98.14 (pt), 98.15 (pt 98.l8 (pt), 98.19
(pt), 98.20 (pt), 98.21 (pt), 102.04 (pt), 102.05 (pt), 102.06, 102.07,102.08 (pt), 102.99 (pt), 103.03 (pt), 103.04, 103.05, 103.06, 103.07
Golden 98.04 (pt), 98.08 (pt), 98.10 (pt), 99 (pt), 100 (pt), 101 (pt), 117.14 (pt) Lakewood - North 98.07 (pt), 105.4 (pt), 108.3 108.98, 109.01 (pt), 109.02, 110, 111,
112.01, 112.01 (pt), 112.02, 113 (pt), 114, 115.50, 115.87,115.88, 116.01, 116.02, 117.13 (pt), 117.14 (pt)
Lakewood - South 117.01, 117.02, 117.08, 117.09 (pt), 117.10 (pt), 117.11, 117.12 (pt),
117.16, 117.17 (pt), 117.18 (pt), 117.19 (pt) 118.01, 118.03, 118.04 (pt), 119.04 (pt), 119.51 (pt), 119.83, 119.88, 120.33 (pt), 120.11 (pt), 120.15 (pt), 120.16 (pt), 120.17 (pt), 120.29 (pt), 120.50 (pt), 120.54 (pt)
Wheat Ridge, Edgewater
Wheat Ridge - 98.05 (pt), 98.06 (pt), 103.08 (pt), 104.02 (pt), 104.05 (pt), 104.06 (pt), 105.02 (pt), 105.03, 105.04 (pt), 106.03 (pt), 106.04 (pt), 107.01, 107.02 (pt) Edgewater - 107 (pt), 113, 114 (pt)