denver metro apartment vacancy & rent · while twelve showed a decrease, and two remained the...
TRANSCRIPT
APARTMENT VACANCY & RENT FOURTH QUARTER 2014 REPORT
SPONSORED BY:
Colorado Division of Housing
DENVER METRO
AUTHORS: Ron L. Throupe, Ph.D, Daniels College of Business, University of Denver Jennifer L. Von Stroh, Colorado Economic and Management Associates
Denver Metro Area Apartment Vacancy
and Rent Survey
Fourth 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 [email protected]
Jennifer L. Von Stroh Colorado Economic and Management Associates 2581 East Wynterbrook Drive Littleton, Colorado 80126-4519 303-818-0510 [email protected] Copyright 2015
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: [email protected]
Multifamily Capital Advisors
6950 E. Belleview Avenue, Suite 320 Greenwood Village, CO 80111
Jerry Kendall, managing director Phone: (720) 280-7431
Email:[email protected]
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 [email protected]
Jennifer L. Von Stroh Colorado Economic and Management Associates 2581 East Wynterbrook Drive Littleton, Colorado 80126-4519 303-818-0510 [email protected]
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 2015
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) [email protected]
STEVE O’DELLPrincipal
SAUL LEVYAssociate
CHRIS COWANPrincipal
JUSTIN HUNTVice President
KEVIN MCKENNAVice President
ANDY HELLMANAssociate
ROBERT BRATLEYAssociate
INSTITUTIONAL TEAM
SPENCER BRADLEYAssociate
LAND TEAMCOLORADO SPRINGS TEAM
PRIVATE CLIENT TEAM
DOUG ANDREWSPrincipal
JEFF HAWKSPrincipal
TERRANCE HUNTPrincipal
SHANE OZMENTPrincipal
AMANDA MELDRUMAssociate
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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
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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
in Metro Denver. We offer simple and
easy-to-use tools to make searching for
career opportunities and finding qualified
professionals fast, more efficient, and
more successful than ever before.
The AAMD Career Center gives job seekers access to inside opportunities available only through the association and provides the tools needed to quickly find and apply for jobs.
Employers can fill positions faster and at a lower cost than other job websites by reaching a highly qualified and targeted audience of leasing and property management professionals in Metro Denver.
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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 Q4 10Q2 10Q4 11Q2 11Q4 12Q2 12Q4 13Q2 13Q4 14Q2 14Q4
3
County OverviewLine: Percent Vacant Bar: Average Rent (in dollars)
Hottest Sub-Markets
Vacancy Rate Average Rent Rate (/sq. ft.)
Adams 3.7% $1,096.11 $1.33
Arapahoe 4.9% $1,120.14 $1.31
Boulder/Broomfield 7.2% $1,329.54 $1.55
Denver 4.6% $1,183.28 $1.51
Douglas 4.0% $1,384.25 $1.42
Jefferson 3.8% $1,123.56 $1.31
Vacancy Rate
4.7%Last Quarter: 3.9%
Average Rent
$1,168.65Last Quarter: $1,145.49
Average per sq. ft.
$1.39Last Quarter:$1.36
Discount / Concessions
8.7%Last Quarter: 9.3%
Economic Vacancy
13.3%Last Quarter: 13.0%
Net Absorption (Units)
-1,021 Last Quarter: 4,470
Aurora North
1.0%Wheat Ridge
1.5%Denver -West Central
1.8%
Aurora - Central SE
2.4%Denver - City Park
2.4%Longmont
2.7%
Metro Denver Vacancy & Rent ReportE X E C U T I V E S U M M A R Y • 4 T H Q U A R T E R 2 0 1 4
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% 13.3% 13.1%
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% 13.1%
2
Yearly Economic Vacancy (Average of all four quarters)
PREV. YEAR
VACANCY RATE:This Quarter: 4.7% Last Quarter: 3.9 %This Quarter 2013: 5.2 %This Quarter 2012: 4.9% » Five counties were up in their vacancy rate, and one was down. » Twenty three market areas showed an increase in their vacancy rate,
while twelve showed a decrease, and two remained the same. » Buildings with “350 and More” units had the highest vacancy rate at 5.2
%. Buildings with “up to 8” units had the lowest vacancy rate of 2.3 %. Historically, larger buildings have the highest vacancy rates.
» Buildings constructed since 2005 had the highest vacancies at 8.7 %. Those constructed between before 1939 had the lowest vacancy rate at 2.0 %.
» Efficiencies were 3.5 % vacant; one-bedrooms 4.4 % vacant; two-bedroom one bath 4.1 %; two-bedroom, two bath 5.4 % vacant; and three bedroom 5.2 % vacant.
RENTAL RATES:Average rent: $ 1,168.65Last quarter: $ 1,145.49This quarter 2013: $ 1,041.61This quarter 2012: $ 978.99
Median rent: $ 1,123.81Last quarter: $ 1,109.32This quarter 2013: $ 990.31This quarter 2012: $ 911.12
Rent / square foot: $ 1.39Last quarter: $ 1.36This quarter 2013: $ 1.23This quarter 2012: $ 1.14
Average Rent for Units Constructed:2005-2012: $1,527.832000-2004: $1,304.431990-1999 $1,353.861980-1989 $1,100.001970-1979 $ 920.051960-1969 $ 962.501959 and prior $ 939.17
Rents do not include the cost of rental discounts and concessions. For the fourth quarter of 2014, rental discounts and concessions averaged 8.7 percent, down from 9.1 percent for the prior quarter.
ECONOMIC VACANCY:This Quarter: 13.3 %Last Quarter: 13.0 %This quarter 2013: 12.9%This quarter 2012: 12.3%Economic vacancy is defined as physical vacancy plus concessions and discounts as a percent of gross potential rent.
INVENTORY:New Units Added: 2,286 | Total Units: 305,708For the fourth quarter of 2014, there was a net absorption of -1021 units for the metropolitan Denver area. For all of 2014, 8,631 units were absorbed. For all of 2013, 3,132 units were absorbed. For all of 2012, 3,368 units were absorbed. 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).
OVERALL COMMENTS: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 com-pleted and permitted construction obtained certificates of occupancy. 2286 new units were reported for this quarter. Thus as expected there were jumps in sub markets vacancy while new units are absorbed, and a slight increase in the Denver overall vacancy. The overall average rent for the last ten years has increased from around $800.00 in 2002 to over $1,168.65 this quarter. The overall vacancy rate was at 4.7%. Absorption was negative for the quarter. The absorption and new supply numbers will continue to be watched closely with significant new additions ex-pected 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 fourth quarter 2014 Survey includes information on 118,213 apartment units. The Survey is possible because of the excellent participation and help of profession-als in the apartment industry and the consistent support of the Survey sponsors. Comments on the Survey are welcome at [email protected].
SPECIAL TOPIC:Last quarter we reported on the demographic changes and in-migration happening in the Denver metro area that is extending the apartment cycle and sustaining demand, resulting in rent increases. For some, rent increases indicate a problem, while for others, it is a sign of a desir-able place to live and work. Denver is known to have a highly educated workforce and a greater than average amount of “professional service jobs” compared to national averages (Bureau of Labor Statistics). The Denver metro unemployment rate continues to be below the national average—the US unemployment rate as of November was 5.0%, the Colorado overall rate was 4.0%, and the Denver metro area rate was 3.8%. These numbers are partially a result of job creation, estimated at 40,000 jobs for the metro Denver area this past year, and partially due to existing jobs waiting for those moving into the area. Thus, the future levels of rent increases will be determined by who rents within the Den-ver metro area and how wage increases relate to rent increases.
This quarter saw rents continue to increase while vacancy went up slightly. Traditionally, an increase in vacancy in the 4th quarter is a seasonal increase. This past quarter change was no different and within historical expectations. The previous year the quarterly change for this period was the same percentage increase of 0.8%. What is different this year is that rents did not slide or stagnate with the seasonal vacancy increase. Rents for this quarter reached another new high with median rent up $14.49 and average rent up $23.16 per month. The aver-age changing by a greater amount than the median is a reflection of new units at much higher rents than the median. The real question is whether rent increases and the rent to income ratio is sustainable going forward or if further supply will erode rent increases. The answer lies in the future of Denver as a major city. The old portrayal of Denver being a “cow town” is fading, and it is becoming a major city. It’s centralized location, air transportation hub (which will only become more dominate due to the expansion capabilities of Denver International Airport), qual-ity workforce and natural amenities are all driving Denver’s popularity. The summer of 2015 will be telling as to the demand for units, with more units being constructed and, at least for now, a lower gas price affecting the energy industry that is a large employer and space user.
The 2015 multi-family forecast by Pierce-Eislen predicts Denver to con-tinue to sustain the recent growth in rents and ability to absorb units. In fact, they expect the Denver market to be a leader with a 9% increase in class A unit rents and 10% in class B and C units rents. As the high-end Class A unit rents rise, some renters shift to units that have overall lower rents, the effects of which can be seen in this forecast of Class B and C unit rents growing faster. This forecast is based on employment growth greater than US averages resulting in supply trying to catch up to demand. The rental conditions in Denver may concern some, but in comparison to other major cities, Denver rents are moderate. Next quarter we will examine how Denver compares in this regard to other major cities.
LONGMONT 2.7%
$1,168.77
BOULDER (CITY) 5.4%
$1,347.29
UNIVERSITY 3.5%
$1,521.51
BROOMFIELD 10.7%
$1,313.00
ARVADA 2.9%
$1,101.84
WESTMINSTER 3.3%
$1,027.68
GOLDEN 3.4%
$1,211.21 WHEAT RIDGE
1.5% $883.86
LAKEWOOD N 3.9%
$1,052.87
LAKEWOOD S 4.5%
$1,176.60
NORTHGLENN / THORNTON 4.2%
$1,156.80
COMMERCE CITY 4.0%
$1,205.60
DENVER NW 3.1%
$1,360.56
DENVER NC 2.4%
$1,351.79 DENVER NE
3.3% $1,033.90
AURORA NORTH 1.0%
$739.11
DENVER WC 1.8%
$869.81
DENVER C 6.9%
$1,145.04
DENVER EC 6.8%
$1,193.43
DENVER SW 2.8%
$1069.83
GLENDALE 6.6%
$997.33
DOWNTOWN 4.5%
$1,608.74
DENVER SC 5.7%
$1,312.38 DENVER SE
3.8% $979.37
DENVER FAR SE
4.2% $1,023.03 ENGLEWOOD
SHERIDAN 3.5%
$1,119.02
LITTLETON 3.8%
$1,158.28
ARAPAHOE COUNTY S
4.7% $1,347.39
ARAPAHOE COUTY SE
5.2% $1,350.70
AURORA SOUTH 4.5%
$1,128.65
AURORA CNE 2.4%
$865.70 AURORA CNW
8.5% $1,169.83
AURORA CSW 4.0%
$993.19 AURORA CSE 3.8%
$1,058.28
DOUGLAS COUNTY N
4.2% $1,402.33
CASTLE ROCK 3.3%
$1,281.93
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) 4.9%
$1,390.61
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 3.9 3.7Aurora-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 2.3 1.0Commerce 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 3.5 4.0Northglenn/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 4.2 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 3.6 3.3Arapahoe 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 4.6 4.9Arapahoe 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 3.1 4.7Arapahoe 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 5.2Aurora-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 3.7 2.4Aurora-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 4.0 8.5Aurora-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 3.3 3.8Aurora-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 4.0 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 4.6 4.5Englewood/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 3.6 3.5Glendale 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 4.9 6.6Littleton 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 6.1 3.8Boulder/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 3.3 7.2Boulder 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 4.2 4.9Broomfield 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 3.6 10.7*City 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 3.1 5.4*City 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 2.3 3.5Longmont 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 2.5 2.7Denver 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 3.5 4.6Denver-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 2.3 6.9*Denver-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 4.3 4.5Denver-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 3.8 6.8Denver-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 3.2 4.2Denver-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 2.2 2.4Denver-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 3.5 3.3Denver-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 2.6 3.1Denver-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 7.1 5.7Denver-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 3.6 3.8Denver-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 1.8 2.8Denver-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 3.2 1.8Douglas 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 3.7 4.0Castle 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 3.1 3.3Douglas 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 3.8 4.2Jefferson 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 3.2 3.8Arvada 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 4.5 2.9Golden 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 2.1 3.4Lakewood-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 2.9 3.9Lakewood-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 2.9 4.5Wheat 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 2.7 1.5Metro 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 4.7
* 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 5,510 118,213 4.7
By CountyAdams 569 15,302 3.7Arapahoe 1,913 39,114 4.9Boulder 725 10,112 7.2Denver 1,352 29,344 4.6Douglas 317 7,858 4.0Jefferson 634 16,483 3.8
By Market AreaAdams CountyAurora-North 1 96 1.0Commerce City/Brighton 33 825 4.0Northglenn/Thornton 299 7,187 4.2Westminster 236 7,194 3.3Arapahoe CountyArapahoe County - South 111 2,373 4.7Arapahoe County - Southeast 162 3,087 5.2Aurora - Central Northeast 37 1,539 2.4Aurora - Central Northwest 422 4,938 8.5Aurora - Central Southeast 164 4,264 3.8Aurora - Central Southwest 223 5,540 4.0Aurora - South 460 10,180 4.5Englewood, Sheridan 92 2,617 3.5Glendale 162 2,461 6.6Littleton 80 2,115 3.8Boulder/Broomfield CountiesBoulder County - Other 91 1,871 4.9Broomfield 480 4,496 10.7*City of Boulder - Except University 94 1,746 5.4*City of Boulder - University Area 25 710 3.5Longmont 35 1,289 2.7Denver City/CountyDenver - Central/Capitol Hill 298 4,315 6.9*Denver - Downtown 250 5,522 4.5Denver - East Central/Lowry 125 1,840 6.8Denver - Far Southeast 283 6,742 4.2Denver - North Central/City Park 12 510 2.4Denver - Northeast 70 2,115 3.3Denver - Northwest 17 540 3.1Denver - South Central/Wash Park 79 1,376 5.7Denver - Southeast 155 4,035 3.8Denver - Southwest 56 1,965 2.8Denver - West Central 7 384 1.8Douglas CountyCastle Rock 39 1,180 3.3Douglas County - North 278 6,678 4.2Jefferson CountyArvada 76 2,621 2.9Golden 27 792 3.4Lakewood - North 94 2,391 3.9Lakewood - South 416 9,279 4.5Wheat Ridge 21 1,400 1.5
* 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
2
4
6
8
10
12
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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 BedAll
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
14 Q1 14 Q2
14 Q3 14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
314
Q4
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
3729
7588
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
0
306
788 890
74 228
2286
0
500
1000
1500
2000
2500
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
2
4
6
8
10
12
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1 14 Q2
14 Q3 14 Q4
$850.91 $935.36
$1,176.32
$1,354.02
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
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 3.7
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 -1.6
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 4.2
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 4.9
-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 -0.3
9.5 8.9 8.3 7.6 7.1 7.0 7.0 7.0 7.2 7.0 6.6 6.2 5.9 5.8 6.3 6.9 7.7 8.9 9.3 9.4 8.7 7.7 7.2 6.7 6.6 6.3 6.0 6.1 6.0 6.1 5.9 5.4 4.9 4.6 4.6 4.6 4.7 4.8 4.7 4.6
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 7.2
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 3.8
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 5.4
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 4.6
-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 -1.5
9.4 9.0 9.3 9.1 8.7 8.4 7.9 7.4 7.3 6.9 6.5 6.1 5.6 5.5 5.6 6.2 7.1 8.1 8.7 8.9 8.5 7.9 7.1 6.2 5.7 4.9 4.6 4.5 4.3 4.5 4.5 4.9 4.8 4.7 4.8 5.2 5.5 5.8 5.5 5.1
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 4.0
-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 -1.0
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 3.8
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 3.8
-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 -0.8
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 3.5
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 4.7
-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 -0.5
9.4 8.9 8.7 8.2 7.7 7.5 7.2 7.0 6.9 6.7 6.4 6.2 5.9 5.9 6.2 6.6 7.2 8.0 8.2 8.1 7.6 6.9 6.4 5.9 5.6 5.3 5.2 5.2 5.0 5.0 4.8 4.7 4.6 4.5 4.5 4.6 4.7 4.9 4.7 4.6
* 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 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 2.9 2.651 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 2.7 1.9100 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 5.1 5.5200 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 3.2 3.5350 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 3.7
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 0.0 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 3.3 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 4.4 100 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 3.2 200 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 4.5
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 4.6 5.6Up 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 2.2 0.09 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 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 4.1 3.4100 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 2.7
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 3.2 5.5350 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 12.6
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 2.4 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 3.7 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 3.5 100 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 7.3 200 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 4.4
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 3.7 4.0Douglas 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 2.7 5.1350 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 3.2
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 3.3 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 2.0 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 1.5 100 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 2.6 200 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 3.7
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 4.3 5.1Metro 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 2.1 2.3Average 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 3.2 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 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 4.6
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 3.7 4.4350 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 5.2
* 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 5.3
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 3.4
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 3.9
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 4.5 3.8Arapahoe
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 19.0
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 4.4
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 3.9
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 5.5
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 1.4
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 3.4
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 7.9
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 3.4 9.5Denver
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 2.2
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 3.5
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 5.1
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 4.8 6.9Douglas
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 3.2
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 3.8
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 3.7 4.4Jefferson
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 2.4
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 3.4
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 3.2
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 5.4
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 5.4
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 3.8
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 4.4
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 5.9
* 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 10.0 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 4.1 3.51970-79 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 4.2 3.61980-89 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 3.3 3.81990-99 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 2.7 3.92000-04 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 4.6 3.92005 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 3.5 3.0To 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 2.0 0.91940-491950-59 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 0.0 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 3.1 5.41970-79 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 4.9 8.41980-89 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 4.1 3.41990-99 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 5.2 5.62000-04 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 3.7 3.02005 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 6.0 5.0To 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 14.3 0.01940-49 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 0.0 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 0.0 0.51970-79 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 2.1 1.41980-89 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 5.6 4.01990-99 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 3.0 4.02000-04 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 2.4 3.92005 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 5.7 19.5To 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 1.4 2.31940-49 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 4.0
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 2.1 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 3.3 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 3.3 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 5.3
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 6.7 5.72000-04 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 3.7 4.72005 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 3.6 8.1To 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 1.7
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 4.3 5.12000-04 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 3.4 3.42005 up 9.5 8.4 28.2 0.0 3.6 6.6 3.8 5.8 4.1 8.2To 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 0.0 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 4.8 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 2.2 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 3.0 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 2.7
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 5.0 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 6.6
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 5.2 3.8To 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 1.6 2.01940-49 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 2.8 3.91950-59 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 2.6
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 3.4 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 4.4 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 3.8
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 4.2 5.02000-04 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 3.8 3.92005 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 8.7
* 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 4.6 6.11 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 3.6 3.42 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 4.8 3.62 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 3.9 4.13 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 2.9 3.2All 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 3.7Efficiency 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 5.4 3.21 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 4.7 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 4.2 5.62 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 4.7 4.83 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 3.9 6.8All 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 4.9Efficiency 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 0.0 9.31 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 2.9 6.72 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 3.8 3.62 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 4.0 10.33 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 3.6 2.8All 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 7.2Efficiency 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 3.6 3.31 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 3.2 4.22 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 3.2 4.52 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 4.2 5.63 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 3.7 8.3All 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 4.6Efficiency 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 2.1 0.01 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 3.8 3.72 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 3.1 3.42 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 3.7 4.63 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 3.5 4.7All 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 4.0Efficiency 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 2.7 1.31 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 3.2 3.82 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 3.3 2.72 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 3.0 4.73 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 4.3 4.7All 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 3.8Efficiency 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 3.5 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 3.8 4.42 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 3.8 4.12 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 4.1 5.43 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 3.7 5.2All 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 4.7* vacancy rate affected by new units leasing up
Met
ro A
vera
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Arap
ahoe
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 643.24 636.28 633.13 524.15 577.47 545.73 537.85 599.85 587.55 674.19 659.39 613.67 557.55 527.74 610.85 638.59 647.56 649.30 650.79 671.53 701.46 721.47 635.85 730.12 793.18 665.08 634.23 678.441 Bed 717.07 765.23 752.28 745.74 736.51 748.66 725.94 695.11 754.64 770.89 784.46 769.27 789.71 766.82 822.10 797.86 816.52 789.62 778.08 771.42 794.79 806.27 826.73 825.68 858.89 891.45 927.93 951.442 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 1025.65 1064.452 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 1265.21 1302.523 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 1476.72 1518.36All 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 1066.70 1096.11ArapahoeEfficiency 537.20 571.37 543.53 551.67 565.86 548.82 551.88 534.69 514.25 564.44 602.73 572.34 604.83 546.36 571.32 575.42 593.65 629.83 617.47 656.03 632.68 674.74 686.78 678.27 702.83 696.00 799.91 802.011 Bed 715.97 722.66 729.40 738.70 738.98 709.33 738.43 722.13 731.76 737.27 754.90 762.02 755.00 759.68 763.50 775.02 787.86 814.37 816.94 815.01 823.70 848.95 872.20 863.51 891.19 918.57 960.11 975.632 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 1045.22 1065.402 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 1308.75 1305.643 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 1619.44 1656.59All 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 1112.87 1120.14Boulder/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 1048.55 991.61 914.35 1075.111 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 1147.34 1187.062 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 1199.69 1220.352 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 1516.80 1563.653 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 1617.55 1687.07All 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 1287.15 1329.54DenverEfficiency 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 1035.47 946.85 967.631 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 1020.35 1075.162 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 1072.75 1119.182 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 1451.92 1520.753 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 1601.54 1824.68All 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 1118.11 1183.28DouglasEfficiency 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 1020.00 915.00 995.001 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 1181.59 1193.552 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 1329.15 1356.542 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 1534.33 1527.713 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 1893.15 1874.46All 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 1372.28 1384.25JeffersonEfficiency 601.94 571.56 584.69 564.74 560.38 561.07 540.43 556.80 557.52 556.99 594.63 593.84 595.32 561.67 602.76 596.41 608.94 636.58 619.65 625.85 681.21 703.19 709.82 679.61 718.97 792.36 757.10 796.201 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 1017.75 1003.252 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 1048.38 1054.852 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 1342.47 1277.673 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 1506.48 1486.25All 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 1155.20 1123.56Metro AverageEfficiency 618.90 635.74 645.31 629.66 632.37 638.61 645.74 676.71 628.95 645.61 656.95 655.70 677.32 674.53 706.77 695.27 710.79 773.67 765.09 770.85 778.51 809.86 823.49 816.49 870.47 939.56 892.57 914.501 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 1006.14 1034.512 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 1078.38 1105.342 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 1369.60 1383.443 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 1591.57 1635.19All 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 1168.65
(In Dollars)Average Rents by Apartment Type by County
2011 201420092008 2013
Rents are based on the units being unfurnished with tenants paying electricity and gas.Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.Average rent minus rental losses equals effective rent.
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 595.45 593.18 537.24 546.84 547.11 473.46 644.23 515.91 550.00 560.00 560.00 585.00 585.00 585.00 585.00 610.00 610.00 650.00 650.00 705.00 720.00 690.00 725.00 720.00 740.00 740.00
1960-69 771.85 1223.15 647.10 639.69 729.08 981.27 968.27 590.24 578.99 659.71 778.76 670.43 784.93 677.17 676.64 806.59 734.60 740.15 730.40 775.74 764.94 765.37 792.83 826.88 839.80 868.69 943.82 924.021970-79 664.89 689.63 692.22 685.52 691.71 690.22 677.97 688.69 781.06 790.89 782.74 756.47 755.42 697.43 741.47 743.56 695.41 734.55 700.15 698.72 729.19 735.49 751.95 778.81 795.08 785.57 843.78 914.971980-89 775.43 851.28 838.19 857.63 822.99 834.01 798.01 805.77 830.75 821.40 867.57 868.24 860.01 858.44 968.22 868.76 1007.29 833.14 854.09 852.50 862.67 909.93 934.65 937.01 969.56 982.59 1129.01 1118.811990-99 933.09 942.72 962.23 940.15 933.50 942.30 876.24 874.99 937.69 937.45 972.69 952.81 964.22 984.93 979.10 979.09 990.91 1000.62 1036.80 1059.86 1053.79 1082.90 1115.67 1090.93 1138.73 1216.03 1250.27 1262.422000-04 974.50 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 1208.16 1272.452005 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 1293.51
Arapahoe To 1959 800.81 1151.42 1101.67 1071.18 1092.50 925.00 977.50 847.98 937.07 918.89 991.33 984.33 665.63 686.67 586.11 643.33 906.38 794.68 778.10 787.70 766.55 860.901960-69 640.37 672.97 580.76 676.19 687.94 642.85 691.38 654.48 675.93 653.04 672.76 695.24 687.13 688.14 713.63 694.65 651.03 668.28 666.51 675.91 739.85 784.84 777.16 796.52 806.54 832.42 871.51 948.141970-79 655.13 689.74 680.05 691.37 703.99 671.33 663.08 635.02 696.05 700.78 690.95 669.45 669.78 665.29 670.85 678.31 686.20 702.95 698.81 710.99 724.74 731.12 748.19 776.66 777.77 816.87 858.82 877.171980-89 751.59 752.26 770.29 766.50 756.75 731.21 741.60 719.54 749.09 763.15 781.12 784.24 794.32 768.30 792.47 789.20 797.99 820.53 837.79 810.49 839.55 866.22 900.03 883.95 921.06 975.89 1035.39 1035.741990-99 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 1352.23 1342.042000-04 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 1241.62 1233.662005 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 1388.66 1388.11To 1959 764.38 767.50 764.38 821.88 821.88 821.88 841.25 841.25 731.57 733.13 625.00 700.22 700.22 701.30 641.67 748.26 741.39 948.13 641.67 763.57 796.17 752.35 779.04 785.83 668.60 735.00 819.43 735.001960-69 801.14 917.80 920.52 915.78 971.10 885.33 883.70 898.31 904.31 890.03 873.54 906.04 969.17 972.20 1039.59 990.40 1010.84 1090.27 985.02 989.54 999.53 1015.54 987.90 950.65 1073.63 1165.91 976.90 1076.471970-79 690.69 687.99 725.76 734.92 742.22 789.71 772.83 768.09 760.80 734.14 760.25 817.73 814.87 822.44 824.73 791.05 852.21 839.77 847.40 878.80 948.56 905.59 891.79 942.94 1024.01 973.62 990.78 1009.931980-89 858.16 869.93 847.51 832.57 859.88 858.35 848.40 862.21 874.26 881.07 902.00 897.23 935.11 934.82 951.19 955.20 954.12 967.30 1005.63 1007.33 1049.42 1079.47 1145.03 1084.98 1104.00 1141.01 1248.36 1198.071990-99 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 1377.68 1399.622000-04 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 1257.72 1247.202005 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 1599.32
Denver To 1959 687.70 688.30 701.17 706.92 689.15 682.32 725.88 707.25 721.40 720.47 732.15 701.22 689.70 656.49 675.55 759.48 718.77 784.24 755.50 741.08 774.05 830.89 818.34 862.50 920.45 910.95 926.42 954.171960-69 683.56 679.98 722.09 700.21 697.80 708.35 693.78 718.62 728.03 723.79 728.36 724.62 722.99 718.51 749.35 765.14 775.13 802.50 810.95 790.60 845.42 844.78 839.17 874.29 883.22 887.41 893.56 970.781970-79 675.88 694.00 697.31 696.78 701.13 680.08 677.37 665.19 727.01 707.40 704.16 710.00 717.55 722.06 749.55 725.94 754.15 754.04 792.49 750.61 791.36 781.24 820.61 829.63 820.95 856.07 877.54 910.961980-89 945.79 897.46 879.79 875.35 855.30 822.71 839.14 841.72 883.84 919.35 898.54 906.87 901.96 895.76 920.78 931.85 982.62 1016.69 986.12 1031.60 1031.93 1054.38 1071.91 1097.79 1097.33 1211.73 1172.72 1201.991990-99 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 1438.66 1433.332000-04 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 1426.85 1429.332005 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 1674.03
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 1229.78 1260.771990-99 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 1498.26 1488.822000-04 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 1319.07 1330.772005 up 1142.60 1095.36 1266.28 1426.79 1355.80 1345.38 1346.89 1367.35 1430.49 1494.91
Jefferson To 1959 602.03 639.23 641.68 632.90 598.31 628.09 641.62 629.42 627.49 609.05 549.76 553.90 605.94 658.59 642.99 795.18 690.40 803.86 792.88 753.58 752.26 714.34 739.86 736.13 763.11 774.68 747.07 865.501960-69 772.85 740.23 762.47 698.26 701.19 711.79 715.95 740.46 760.68 720.27 733.27 731.91 714.94 729.94 743.55 740.44 733.65 775.74 774.80 788.39 790.53 805.78 825.39 852.72 850.58 879.82 909.92 867.501970-79 690.95 692.03 706.85 694.97 705.24 707.70 684.09 767.30 702.15 723.44 741.34 756.20 758.48 747.63 769.27 776.27 777.94 776.99 824.67 804.81 808.00 819.89 851.76 867.64 901.49 933.99 970.25 965.811980-89 840.78 853.15 850.59 848.24 839.92 812.82 795.71 801.35 833.10 823.04 829.12 817.26 819.55 809.22 844.17 846.08 852.94 885.75 933.86 960.13 955.22 1030.82 1047.29 1024.92 1057.96 1108.25 1194.23 1155.631990-99 919.11 975.38 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 1299.81 1275.492000-04 956.73 980.12 955.09 887.36 913.24 914.04 915.69 914.59 913.28 934.50 977.09 922.16 947.59 995.62 1068.28 1025.32 1086.35 1124.03 1144.79 1117.64 1222.01 1207.77 1236.59 1219.01 1460.01 1235.05 1389.82 1301.342005 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 1358.45 1369.06To 1959 687.11 688.91 700.75 704.72 685.39 680.32 721.13 700.98 720.01 717.43 721.60 691.21 681.17 656.79 672.46 759.38 717.34 784.50 752.63 740.01 772.61 820.33 815.34 844.20 893.72 887.92 897.83 939.171960-69 704.47 743.31 709.73 716.56 739.15 748.51 758.84 710.72 721.88 715.21 731.96 736.07 751.66 734.12 760.50 768.79 765.84 798.17 806.51 803.25 818.76 824.18 841.73 858.50 870.22 880.90 899.30 962.501970-79 673.06 691.48 696.27 696.37 704.94 691.18 685.39 692.89 724.87 721.66 722.10 723.48 725.13 713.37 732.96 727.89 735.90 748.10 754.99 747.66 770.35 771.44 796.31 821.11 834.33 856.38 888.47 920.051980-89 810.23 814.88 818.55 820.41 803.49 783.44 785.04 775.80 808.84 822.03 828.80 832.74 837.66 823.75 861.51 847.68 886.41 880.02 888.81 886.73 905.51 940.47 971.11 964.44 987.65 1054.31 1104.52 1100.001990-99 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 1358.91 1353.862000-04 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 1295.10 1304.432005 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 1527.83
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 1390.00 1411.009 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 1032.74 724.26 731.58 704.35 656.13 729.67 693.04 744.18 756.70 785.49 741.49 798.83 770.8451 to 99 611.40 580.12 583.07 581.23 630.73 621.46 607.77 643.83 741.41 788.26 765.50 705.50 795.27 632.34 592.71 625.72 680.20 714.32 630.43 632.18 676.15 663.76 678.97 750.81 731.56 771.02 820.46 818.26100 to 199 725.82 761.36 763.03 759.07 763.07 758.45 724.13 739.03 769.95 772.47 768.79 752.60 720.03 718.97 739.78 747.67 740.35 774.16 774.76 767.55 795.86 801.93 815.81 836.29 868.38 869.74 920.76 956.42200 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 1139.81 1174.76350 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 1068.11
Arapahoe Up to 8 598.53 1196.76 664.41 1205.11 2136.93 786.30 1255.03 637.75 619.23 668.13 634.53 633.96 619.36 650.08 583.34 568.76 696.22 630.24 689.56 652.69 609.37 622.29 659.43 770.50 714.67 685.18 700.37 649.339 to 50 583.54 640.09 633.17 613.56 643.98 621.31 615.04 593.84 629.42 662.49 634.14 653.45 639.52 658.65 642.19 634.27 661.87 677.22 673.69 662.36 690.83 704.98 746.08 761.16 748.48 720.31 757.28 836.4251 to 99 631.53 602.32 629.44 651.98 631.78 610.64 751.13 706.37 673.96 686.27 703.20 696.66 707.06 685.24 697.16 707.69 727.29 717.79 751.31 738.32 784.11 935.63 936.82 872.31 999.18 928.84 994.04 1085.48100 to 199 729.28 723.45 764.38 740.34 751.57 724.44 733.28 731.88 747.04 715.59 701.06 720.31 731.76 726.87 740.53 757.94 765.13 806.08 782.95 795.39 790.57 780.89 843.04 853.96 882.78 888.61 954.68 984.26200 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 1196.29 1177.53350 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 1097.45 1116.98Up to 8 1339.81 726.72 747.44 742.95 1606.98 787.50 725.11 747.59 758.65 768.17 759.82 728.98 754.10 739.38 710.44 767.47 759.00 795.35 731.51 778.41 794.49 773.68 796.00 810.55 792.98 851.32 905.93 852.639 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 1090.11 1100.3051 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 1173.98 1214.14100 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 1279.51 1315.90200 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 1286.38 1348.83350 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 1349.46
Denver Up to 8 626.13 628.21 625.60 653.76 645.67 642.49 729.48 701.58 643.35 713.54 697.41 643.88 651.28 648.49 688.79 696.78 701.87 720.53 703.92 719.56 731.53 732.74 741.67 761.44 749.47 797.47 840.06 777.299 to 50 640.59 660.84 661.62 668.24 653.98 653.04 698.63 840.63 689.93 719.14 698.94 695.72 668.21 688.47 695.06 775.56 747.64 781.67 805.26 798.40 823.24 856.87 875.11 886.60 922.48 951.30 960.41 974.9951 to 99 738.61 738.11 726.64 728.25 719.28 744.95 725.06 790.59 807.52 772.46 787.52 802.48 804.36 758.20 872.85 816.81 830.37 810.49 842.52 795.31 844.68 866.87 933.42 844.13 962.17 947.85 975.22 1000.07100 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 1116.41 1242.20200 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 1190.65 1255.40350 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 1174.62
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 1440.57 1427.31350 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 1350.72
Jefferson Up to 8 675.78 661.29 699.15 716.44 725.09 742.45 763.31 733.50 704.16 746.87 706.06 710.14 713.79 750.73 732.64 741.58 738.19 765.18 752.52 749.35 755.48 784.11 792.91 775.42 797.35 800.07 985.17 846.269 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 1208.51 875.05 879.1351 to 99 716.12 695.28 721.56 686.57 715.79 686.35 853.60 768.27 692.30 759.05 760.49 743.78 735.52 746.96 760.45 758.32 714.04 735.52 759.64 745.03 738.23 752.29 795.31 854.26 835.80 906.35 930.38 905.08100 to 199 764.11 720.49 753.59 739.11 766.96 765.49 765.82 766.20 829.89 820.92 810.34 792.22 791.98 792.02 816.59 817.93 832.48 853.07 810.49 838.06 866.67 871.46 913.28 906.62 908.93 968.26 949.42 998.63200 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 1183.05 1136.64350 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 1292.80 1231.87Up to 8 708.78 743.86 662.93 742.42 903.01 702.10 823.15 706.29 667.23 722.10 694.44 674.97 677.34 696.32 689.48 696.63 720.12 721.34 721.79 729.96 732.15 748.91 758.60 774.39 765.47 796.76 899.30 815.989 to 50 667.16 712.43 665.16 667.72 678.59 710.62 741.74 868.55 685.29 712.29 711.04 688.04 695.03 702.23 723.13 781.63 756.95 787.62 794.69 785.41 806.95 840.54 859.63 862.72 897.89 971.94 921.08 940.9951 to 99 711.97 706.32 701.83 704.28 708.10 704.81 756.41 768.06 765.69 765.54 776.58 771.52 785.58 748.57 793.02 789.47 797.17 793.26 807.21 781.69 819.04 846.92 898.82 875.68 957.29 918.26 975.42 1004.59100 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 1036.68 1095.50200 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 1208.15 1225.14350 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 1174.82
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 1.22 1.321 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 1.37 1.402 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 1.23 1.262 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 1.22 1.263 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 1.26 1.31All 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 1.29 1.33Efficiency 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 1.65 1.731 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 1.35 1.382 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 1.18 1.212 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 1.23 1.243 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 1.23 1.26All 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 1.29 1.31Efficiency 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 1.78 2.181 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 1.64 1.702 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 1.33 1.382 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 1.43 1.423 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 1.25 1.29All 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 1.50 1.55Efficiency 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 1.85 1.901 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 1.48 1.552 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 1.24 1.282 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 1.37 1.423 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 1.16 1.31All 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 1.44 1.51Efficiency 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 1.66 1.811 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 1.47 1.492 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 1.38 1.402 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 1.34 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 1.38 1.37All 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 1.41 1.42Efficiency 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 1.84 1.781 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 1.45 1.422 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 1.22 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 1.29 1.243 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 1.26 1.23All 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 1.34 1.31Efficiency 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 1.77 1.841 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 1.43 1.472 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 1.24 1.262 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 1.29 1.303 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 1.25 1.28All 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 1.39
2007
Average Rent per Square Foot by Apartment Type by County
201120092008 2012 20132005
Boul
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(In Dollars)
2006 20142010
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.
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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 1.65
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 1.39
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 1.29
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 1.28
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 1.73
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 1.37
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 1.30
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 1.24
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 2.05
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 1.68
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 1.56
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 1.37
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 1.94
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 1.56
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 1.43
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 1.40
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 1.54
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 1.47
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 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 1.91
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 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 1.30
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 1.20
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 1.91
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 1.46
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 1.36
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 1.30
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 11.9 0.89 - 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 6.8 5.251 - 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 12.1 7.9100 - 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 8.1 9.2200 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 9.3 7.6350 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 10.0 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 9.2 6.41960-69 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 4.3 7.71970-79 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 8.5 9.71980-89 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 8.9 9.21990-99 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 11.7 6.52000-04 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 7.7 13.42005 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 3.3
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 11.0 14.0Arapahoe 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 10.5 8.9Boulder/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 8.8 1.6Denver 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 5.8 9.1Douglas 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 11.7 10.3Jefferson 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 5.9
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 8.7
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 14.1 3.29 - 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 9.6 8.451 - 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 15.1 10.9100 - 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 11.6 13.8200 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 13.0 11.9350 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 15.2 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 11.4 8.81960-69 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 7.5 11.01970-79 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 12.0 14.21980-89 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 13.1 13.01990-99 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 15.9 11.62000-04 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 11.5 17.32005 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 12.0
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 14.9 17.7Arapahoe 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 15.1 13.7Boulder/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 12.1 8.8Denver 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 9.2 13.7Douglas 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 15.4 14.3Jefferson 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 9.7
Average 24.3 23.5 24.9 24.6 23.7 24.1 23.1 22.3 21.4 18.5 17.3 16.6 16.6 18.3 18.8 17.0 16.3 16.9 18.2 16.4 16.2 15.7 18.9 15.4 15.0 16.2 15.3 14.3 14.0 14.5 13.8 12.3 11.8 13.0 13.2 12.9 12.0 14.0 13.0 13.3
20122008 2013 20142011
Economic Vacancy Rates by Size, Age and County
2005 2006
as a Percentage of Gross Potential Rent
20092007 2010
Defined as Physcial Vacancy Plus Concessions and Writeoffs
(In Percent)
II-23
2 Bed 2 Bed1 Bath 2 Bath
By CountyAdams 678.44 951.44 1064.45 1302.52 1518.36 1164.66 1096.11Arapahoe 802.01 975.63 1065.40 1305.64 1656.59 1465.39 1120.14Boulder/Broomfield 1075.11 1187.06 1220.35 1563.65 1687.07 1383.50 1329.54Denver 967.63 1075.16 1119.18 1520.75 1824.68 1390.41 1183.28Douglas 995.00 1193.55 1356.54 1527.71 1874.46 2038.00 1384.25Jefferson 796.20 1003.25 1054.85 1277.67 1486.25 1078.81 1123.56Metro Average 914.50 1034.51 1105.34 1383.44 1635.19 1291.34 1168.65
By Market AreaAdams CountyAurora-North 643.33 726.29 850.00 739.11Commerce City 500.00 1022.99 1167.39 1375.80 1590.28 1205.60Northglenn/Thornton 870.12 1018.31 1087.82 1336.05 1463.57 1177.78 1156.80Westminster 650.07 884.96 1040.73 1242.69 1578.31 1144.33 1027.68Arapahoe CountyArapahoe County - South 1157.36 1173.95 1243.44 1488.73 1700.35 1449.57 1347.39Arapahoe County - Southeast 1095.00 1179.20 1449.37 1484.50 1697.58 2134.00 1350.70Aurora - Central Northeast 687.99 786.12 857.69 1152.37 2855.00 865.70Aurora - Central Northwest 787.24 995.14 1123.30 1388.58 1530.93 1420.00 1169.83Aurora - Central Southeast 893.76 1055.24 1181.60 1624.24 1792.14 1058.28Aurora - Central Southwest 676.14 879.25 1001.66 1168.40 1719.17 993.19Aurora - South 810.64 981.31 1087.57 1266.89 1687.15 1397.06 1128.65Englewood, Sheridan 633.17 984.76 1118.78 1388.60 1666.98 1119.02Glendale 786.87 927.78 1013.26 1263.38 1384.61 997.33Littleton 750.20 1050.60 1091.70 1326.90 1771.47 1158.28Boulder/Broomfield CountiesBoulder County - Other 915.00 1203.19 1365.51 1499.82 1794.70 1630.00 1390.61Broomfield 1144.47 1192.43 1143.78 1537.72 1504.60 1692.94 1313.00City of Boulder - Except University 1388.60 1148.91 1299.97 1962.82 2149.78 1679.94 1347.29City of Boulder - University Area 862.95 1378.16 1434.38 2527.28 2650.00 1521.51Longmont 1026.03 1003.40 1126.05 1335.52 1486.61 1087.50 1168.77Denver City/CountyDenver - Central/Capitol Hill 817.56 1088.75 1338.47 1824.96 2297.65 1571.00 1145.04Denver - Downtown 1253.47 1482.27 1649.42 1948.46 2688.15 2257.54 1608.74Denver - East Central/Lowry 812.74 990.55 1124.78 1449.77 1761.96 1193.43Denver - Far Southeast 827.54 931.47 1034.51 1236.46 1397.58 1260.10 1023.03Denver - North Central/City Park 765.52 1420.84 1199.38 2069.75 1216.00 848.75 1351.79Denver - Northeast 966.00 902.56 799.89 1394.76 1549.00 1033.90Denver - Northwest 1325.58 1310.26 1280.63 2030.14 701.45 1360.56Denver - South Central/Wash Park 1013.25 1035.99 1571.08 1865.44 3218.86 2758.82 1312.38Denver - Southeast 683.35 881.52 1046.96 1179.75 1284.13 739.29 979.37Denver - Southwest 556.01 978.20 1061.49 1317.66 2471.00 1069.83Denver - West Central 997.97 894.63 790.84 912.50 776.00 869.81Douglas CountyCastle Rock 1106.02 1214.31 1391.43 1619.72 1281.93Douglas County - North 995.00 1207.19 1383.71 1551.97 1952.61 2038.00 1402.33Jefferson CountyArvada 970.00 976.65 999.23 1435.49 1392.81 1650.00 1101.84Golden 735.75 1152.59 925.63 1324.25 1239.36 1211.21Lakewood - North 507.93 950.23 1067.31 1251.53 1349.25 977.82 1052.87Lakewood - South 827.76 1041.47 1131.05 1274.53 1607.03 1216.87 1176.60Wheat Ridge 751.52 793.14 952.41 837.35 1223.11 856.51 883.86
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 1411.00 1411.00Arapahoe 573.33 748.75 673.57Boulder/Broomfield 500.00 833.75 1105.00 1185.00 946.56Denver 512.50 802.83 871.25 1153.33 472.50 822.50DouglasJefferson 1035.00 653.18 834.79 1207.63 857.44Metro Average 771.67 756.44 853.13 1185.00 1192.82 785.33 850.91
By Market AreaAdams CountyAurora-NorthCommerce CityNorthglenn/ThorntonWestminster 1411.00 1411.00Arapahoe CountyArapahoe County - SouthArapahoe County - SoutheastAurora - Central NortheastAurora - Central Northwest 450.00 450.00Aurora - Central SoutheastAurora - Central SouthwestAurora - SouthEnglewood, SheridanGlendaleLittleton 635.00 748.75 710.83Boulder/Broomfield CountiesBoulder County - Other 891.25 1087.50 956.67BroomfieldCity of Boulder - Except University 821.67 1185.00 1003.33City of Boulder - University AreaLongmont 500.00 640.00 1122.50 846.25Denver City/CountyDenver - Central/Capitol Hill 650.00 733.21 1233.33 1153.33 860.71Denver - DowntownDenver - East Central/LowryDenver - Far SoutheastDenver - North Central/City ParkDenver - NortheastDenver - Northwest 375.00 675.00 761.67 445.00 706.88Denver - South Central/Wash Park 978.57 1100.00 500.00 938.89Denver - SoutheastDenver - SouthwestDenver - West CentralDouglas CountyCastle RockDouglas County - NorthJefferson CountyArvada 651.67 918.00 873.61Golden 1035.00 573.33 801.00 802.73Lakewood - North 783.33 1241.57 983.81Lakewood - South 695.00 695.00Wheat Ridge 702.00 840.71 970.00 812.50
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 550.00 749.61 861.15 1074.69 1004.80 824.95Arapahoe 614.58 806.43 864.07 1046.50 1185.67 869.98Boulder/Broomfield 701.67 913.42 1486.85 1228.25 1590.00 1064.34Denver 718.66 939.52 1202.43 1285.21 1257.50 1496.13 969.57DouglasJefferson 651.46 726.21 807.99 900.25 1033.43 982.08 788.07Metro Average 708.62 903.57 1049.30 1153.19 1192.61 1275.82 935.36
By Market AreaAdams CountyAurora-North 625.00 691.30 800.00 710.83Commerce City 500.00 867.82 990.50 1199.00 1006.00 954.53Northglenn/Thornton 775.00 900.00 1000.00 845.83Westminster 625.00 667.50 780.00 795.00 741.88Arapahoe CountyArapahoe County - South 803.33 929.17 866.25Arapahoe County - SoutheastAurora - Central Northeast 1342.61 2102.00 2855.00 1486.95Aurora - Central Northwest 844.00 883.00 1103.60 1173.82 1084.74Aurora - Central SoutheastAurora - Central SouthwestAurora - SouthEnglewood, Sheridan 725.29 815.00 730.28GlendaleLittleton 614.58 738.03 793.68 1050.00 765.78Boulder/Broomfield CountiesBoulder County - OtherBroomfieldCity of Boulder - Except University 1010.00 1022.25 1400.00 1500.00 1620.00 1119.25City of Boulder - University Area 1064.64 1700.00 1414.38 2650.00 1363.43Longmont 547.50 713.72 786.25 906.25 873.33 746.67Denver City/CountyDenver - Central/Capitol Hill 731.05 957.08 1261.35 1185.00 1310.71 977.47Denver - Downtown 1237.52 1657.30 1724.50 1323.72Denver - East Central/Lowry 514.17 773.75 825.00 766.50Denver - Far Southeast 800.00 900.00 1000.00 866.67Denver - North Central/City Park 753.25 1015.05 1199.38 870.00 1216.00 848.75 942.75Denver - Northeast 698.33 984.50 918.46Denver - Northwest 950.62 1138.18 1200.00 1117.82Denver - South Central/Wash Park 774.49 876.94 1066.50 1700.00 1350.00 2900.00 1046.92Denver - Southeast 756.50 1021.00 822.63Denver - Southwest 429.74 759.50 653.31Denver - West Central 776.00 776.00Douglas CountyCastle RockDouglas County - NorthJefferson CountyArvada 650.00 769.28 986.00 805.16Golden 682.94 798.38 958.42 813.15Lakewood - North 570.00 719.17 777.29 900.26 1159.00 921.56 768.14Lakewood - South 765.00 855.00 1030.50 963.62Wheat Ridge 587.50 679.63 831.51 900.00 785.00 765.85
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 681.12 953.13 1066.84 1303.28 1521.30 1162.75 1098.21Arapahoe 805.31 977.03 1067.62 1306.43 1663.50 1465.39 1121.92Boulder/Broomfield 1083.59 1194.40 1215.91 1566.19 1688.56 1383.50 1334.61Denver 1002.07 1092.13 1111.91 1523.25 1844.20 1370.41 1203.89Douglas 995.00 1193.55 1356.54 1527.71 1874.46 2038.00 1384.25Jefferson 803.71 1013.50 1075.28 1279.28 1493.56 1089.36 1135.76Metro Average 934.22 1040.20 1108.59 1384.54 1641.55 1293.92 1176.32
By Market AreaAdams CountyAurora-North 645.00 745.00 875.00 751.97Commerce City 1030.99 1182.24 1382.66 1621.44 1220.09Northglenn/Thornton 870.12 1018.78 1088.50 1336.05 1464.57 1177.78 1157.32Westminster 650.20 885.63 1043.11 1243.88 1578.31 1139.00 1028.90Arapahoe CountyArapahoe County - South 1157.36 1173.95 1243.44 1492.90 1740.24 1449.57 1349.83Arapahoe County - Southeast 1095.00 1179.20 1449.37 1484.50 1697.58 2134.00 1350.70Aurora - Central Northeast 687.99 772.67 852.59 1152.37 857.11Aurora - Central Northwest 787.24 995.42 1126.74 1392.60 1554.32 1420.00 1170.73Aurora - Central Southeast 893.76 1055.24 1181.60 1624.24 1792.14 1058.28Aurora - Central Southwest 676.14 879.25 1001.66 1168.40 1719.17 993.19Aurora - South 810.64 981.31 1087.57 1266.89 1687.15 1397.06 1128.65Englewood, Sheridan 633.17 997.34 1121.57 1388.60 1666.98 1130.02Glendale 786.87 927.78 1013.26 1263.38 1384.61 997.33Littleton 776.03 1070.84 1162.72 1330.30 1771.47 1182.47Boulder/Broomfield CountiesBoulder County - Other 915.00 1205.10 1369.08 1499.82 1794.70 1630.00 1392.01Broomfield 1144.47 1192.43 1143.78 1537.72 1504.60 1692.94 1313.00City of Boulder - Except University 1395.36 1155.95 1298.39 1981.75 2161.82 1679.94 1355.68City of Boulder - University Area 862.95 1396.41 1328.13 2622.00 1534.52Longmont 1079.00 1034.07 1133.64 1343.83 1509.05 1087.50 1190.49Denver City/CountyDenver - Central/Capitol Hill 848.82 1201.56 1413.76 1866.69 2728.54 1571.00 1251.87Denver - Downtown 1253.47 1486.58 1648.97 1948.74 2688.15 2257.54 1611.87Denver - East Central/Lowry 918.12 1021.24 1138.06 1449.77 1761.96 1225.89Denver - Far Southeast 827.54 931.92 1038.79 1236.46 1399.86 1260.10 1023.87Denver - North Central/City Park 778.00 1636.97 2167.03 1600.84Denver - Northeast 966.00 903.22 795.92 1394.76 1549.00 1034.62Denver - Northwest 1343.19 1328.84 1748.70 2426.34 710.00 1411.95Denver - South Central/Wash Park 1083.36 1090.20 1613.33 1876.91 3362.62 1378.06Denver - Southeast 683.35 882.62 1047.14 1179.75 1284.13 739.29 980.30Denver - Southwest 606.00 987.03 1061.49 1317.66 2471.00 1082.72Denver - West Central 997.97 894.63 790.84 912.50 876.07Douglas CountyCastle Rock 1106.02 1214.31 1391.43 1619.72 1281.93Douglas County - North 995.00 1207.19 1383.71 1551.97 1952.61 2038.00 1402.33Jefferson CountyArvada 970.00 978.05 1009.79 1435.49 1408.16 1650.00 1108.67Golden 1196.90 1324.25 1239.36 1258.59Lakewood - North 499.31 985.21 1127.74 1268.25 1360.85 987.61 1091.45Lakewood - South 827.76 1041.77 1133.91 1274.53 1607.03 1242.93 1177.53Wheat Ridge 756.81 802.73 972.59 836.93 1229.95 856.51 893.69
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 906.00 1110.00 978.86Arapahoe 838.17 977.03 1068.52 1259.63 1796.23 1395.00 1072.29Boulder/Broomfield 1364.25 1688.16 2400.00 1529.43Denver 1096.45 1363.69 1511.26 1811.93 1972.58 1961.82 1475.93DouglasJefferson 1094.85 1224.07 1158.11Metro Average 1070.42 1235.30 1361.53 1621.74 1966.25 1757.56 1354.02
By Market AreaAdams CountyAurora-NorthCommerce CityNorthglenn/ThorntonWestminster 906.00 1110.00 978.86Arapahoe CountyArapahoe County - South 1104.00 1395.00 1900.00 3100.00 1395.00 1514.95Arapahoe County - SoutheastAurora - Central Northeast 1342.61 2102.00 2855.00 1486.95Aurora - Central NorthwestAurora - Central SoutheastAurora - Central Southwest 1351.00 1700.00 2083.00 1541.54Aurora - South 687.50 944.75 1074.00 1158.19 1035.36Englewood, SheridanGlendale 867.90 902.87 1052.48 1114.95 1300.00 962.27Littleton 600.00 875.00 1005.00 888.61Boulder/Broomfield CountiesBoulder County - OtherBroomfield 1370.00 1686.00 1501.17City of Boulder - Except University 1285.00 1699.00 2400.00 1713.77City of Boulder - University AreaLongmontDenver City/CountyDenver - Central/Capitol Hill 980.64 1302.19 1447.99 1898.44 2909.41 1571.00 1412.88Denver - Downtown 1247.30 1514.66 1643.05 1999.49 2707.00 2190.92 1644.79Denver - East Central/Lowry 600.00 700.00 800.00 825.00 980.00 760.12Denver - Far Southeast 986.67 1186.03 1427.00 1180.05 1400.00 1675.00 1212.63Denver - North Central/City Park 1570.17 870.00 2069.75 1090.00 848.75 1680.32Denver - NortheastDenver - Northwest 1343.19 1706.20 2044.15 2445.56 1760.04Denver - South Central/Wash Park 1195.32 1226.08 1956.57 1954.95 3362.62 2900.00 1621.18Denver - Southeast 660.34 756.62 930.93 941.00 1037.50 675.00 812.65Denver - Southwest 606.00 773.00 853.00 726.59Denver - West Central 1089.00 1303.00 1551.00 1236.16Douglas CountyCastle RockDouglas County - NorthJefferson CountyArvadaGolden 1879.48 2367.83 2139.93Lakewood - NorthLakewood - South 985.00 1028.00 1005.76Wheat 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 663.36 729.95 728.63 512.76 521.40 514.20 493.62 629.64 493.45 595.20 686.00 653.36 497.49 514.25 594.00 676.73 702.27 677.27 624.16 701.75 732.81 671.40 635.00 803.25 853.51 601.25 597.19 620.351 Bed 695.61 741.40 752.27 735.45 714.80 712.92 698.05 708.81 721.02 745.48 783.20 765.16 783.66 786.37 803.36 792.03 779.40 793.20 767.72 780.22 793.75 812.60 821.52 823.78 886.35 895.21 938.85 956.142 Bed, 1 Bath 790.21 796.14 821.64 790.32 781.20 772.57 768.97 764.09 839.67 811.42 880.89 797.46 844.36 788.36 865.35 832.92 793.02 797.12 808.12 795.92 809.32 826.07 845.39 884.57 943.14 922.50 985.84 1010.432 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 1289.41 1358.593 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 1577.66 1597.88Other 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 1206.65 1146.00All 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 1060.11 1074.16Efficency 522.83 549.66 539.97 506.74 520.67 471.39 508.58 491.69 478.53 505.62 563.55 499.53 531.60 516.17 514.86 519.33 554.33 591.89 548.46 679.69 580.76 681.42 640.71 614.68 636.52 665.32 716.43 756.891 Bed 692.64 702.28 712.16 696.99 698.93 671.26 695.23 682.06 696.61 704.76 714.65 716.19 728.56 717.26 740.27 722.67 740.45 777.85 785.29 766.38 781.08 816.84 846.26 823.80 849.95 895.36 935.69 943.452 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 1017.31 1057.392 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 1283.86 1260.633 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 1614.31 1636.86Other 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 1666.11 1413.40All 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 1082.34 1089.86Efficency 591.11 782.25 761.20 748.00 703.73 711.21 731.84 694.11 730.69 732.50 730.75 737.93 736.33 756.13 805.71 760.00 784.38 809.63 782.72 818.56 858.80 892.22 744.05 781.00 985.00 958.29 905.00 1050.001 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 1142.10 1169.092 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 1197.43 1192.492 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 1472.65 1510.503 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 1567.03 1672.20Other 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 1298.38 1099.77All 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 1249.25 1298.08Efficency 585.05 586.95 579.56 567.78 560.87 569.66 583.13 598.60 591.04 604.62 589.58 592.16 612.51 630.74 664.63 631.86 662.74 693.65 720.82 686.98 747.69 789.88 798.15 778.31 834.31 889.64 891.19 884.731 Bed 709.48 712.36 716.15 729.99 717.59 710.60 729.80 714.86 728.44 712.75 731.88 736.69 738.83 737.69 746.61 768.28 780.53 797.76 824.09 771.98 829.48 839.92 857.19 879.12 905.13 926.17 930.98 973.352 Bed, 1 Bath 761.44 801.30 794.22 808.07 813.26 772.78 784.20 745.70 838.18 844.91 828.27 802.27 794.33 765.12 809.20 818.78 878.81 876.38 862.23 809.29 848.19 858.42 894.97 937.62 903.88 983.13 986.53 1028.562 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 1327.40 1436.343 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 1438.00 1532.10Other 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 2008.34 671.40 671.07 708.60 697.67 709.40 673.20 708.60 1196.00All 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 1003.56 1076.41Efficency 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 1013.00 913.00 988.001 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 1159.17 1143.852 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 1318.63 1334.002 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 1444.83 1449.363 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 1784.00 1798.00Other 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 2013.50 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 1327.02 1326.37Efficency 660.00 524.93 524.16 523.09 521.12 520.75 516.23 522.91 517.02 516.98 529.60 541.00 568.29 581.65 634.25 632.53 655.12 657.82 656.25 588.72 662.36 697.47 711.01 703.77 697.91 841.31 760.27 830.771 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 1024.73 1009.062 Bed, 1 Bath 757.63 756.43 768.54 745.31 749.32 757.26 756.89 749.52 776.46 786.35 771.55 809.40 807.31 772.33 811.44 797.76 816.16 822.89 815.48 832.59 821.21 839.43 874.10 888.68 885.68 932.32 965.53 1020.612 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 1352.92 1304.103 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 1490.79 1484.46Other 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 1133.20 1075.00All 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 1127.80 1095.49Efficency 584.82 592.10 582.07 566.98 570.29 581.92 588.23 596.64 571.13 579.18 613.21 617.73 614.10 602.36 644.04 635.77 657.78 680.71 706.89 699.90 701.34 737.33 720.84 732.32 778.34 831.78 807.27 826.371 Bed 722.14 735.56 745.89 738.93 724.82 710.88 726.67 711.90 728.63 735.15 749.67 747.91 760.10 759.83 778.94 780.20 789.42 814.21 842.59 820.61 844.78 865.87 892.10 889.34 911.00 953.76 991.50 995.092 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 1028.15 1059.112 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 1336.04 1356.453 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 1569.41 1613.20Other 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 1212.77 1181.41All 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 1123.81
2012County 201320102009
Den
ver
Adam
sAr
apah
oe
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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Jeffe
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Dou
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II-29
Difference2 Bed 2 Bed 2 Bed 2 Bed1 Bath 2 Bath 1 Bath 2 Bath
Outside Storage 1,117.02 1,086.21 1,208.96 1,405.25 1,693.91 1,237.47 795.49 980.11 1,026.68 1,348.35 1,567.01 1,092.25 145.22
Patio or Balcony 1,018.17 1,070.43 1,141.49 1,396.29 1,679.54 1,211.20 721.82 837.46 959.83 1,106.95 1,224.43 896.27 314.93
Fireplace 1,005.95 1,061.59 1,179.43 1,377.85 1,711.15 1,214.21 842.07 985.45 1,024.32 1,405.48 1,467.00 1,078.62 135.59
Nine-Foot Ceilings 1,157.61 1,161.52 1,282.03 1,474.79 1,766.40 1,319.94 766.18 898.25 1,007.10 1,186.73 1,393.57 990.60 329.34
Swimming Pool 963.41 1,042.51 1,118.97 1,388.02 1,660.09 1,185.73 811.57 974.73 1,020.75 1,302.59 1,328.89 1,030.83 154.91
Spa or Sauna 1,020.67 1,123.42 1,255.55 1,460.67 1,766.14 1,280.78 854.19 930.83 1,011.57 1,245.90 1,469.81 1,038.22 242.56
Exercise Room 1,023.14 1,082.56 1,168.34 1,417.76 1,713.27 1,229.14 739.56 857.27 986.57 1,112.70 1,314.83 944.02 285.12
Sport Court 880.91 996.59 1,121.08 1,348.09 1,657.36 1,158.65 924.00 1,050.92 1,099.15 1,402.13 1,621.19 1,173.13 -14.48
Microwave 1,066.67 1,154.51 1,276.46 1,464.83 1,787.97 1,303.80 806.16 883.10 1,006.68 1,199.49 1,429.39 995.80 307.99
Washer/Dryer Hookups 1,128.85 1,102.85 1,190.32 1,405.08 1,702.50 1,252.08 816.07 960.02 1,042.33 1,339.09 1,505.17 1,067.64 184.44
Garbage Disposal 935.88 1,041.48 1,117.98 1,394.26 1,650.88 1,179.91 718.74 896.49 911.56 1,111.02 1,293.87 952.82 227.09
Dishwasher 985.77 1,061.15 1,134.01 1,394.74 1,660.07 1,200.00 721.92 830.00 922.28 1,122.83 1,279.55 890.03 309.97
Air Conditioning 954.96 1,046.39 1,123.34 1,395.00 1,667.42 1,185.96 702.66 862.62 932.04 1,099.78 1,223.96 924.38 261.58
Ceiling Fan 926.65 1,047.32 1,108.35 1,403.11 1,654.78 1,180.93 876.43 1,002.33 1,098.39 1,334.40 1,591.68 1,138.46 42.47
Attached Garage 1,123.90 1,221.06 1,371.14 1,543.79 1,853.94 1,390.67 866.29 984.81 1,067.56 1,316.15 1,545.44 1,104.36 286.31
Covered Parking 1,044.88 1,091.00 1,167.88 1,420.36 1,726.50 1,227.76 768.95 969.04 1,062.73 1,333.06 1,559.15 1,103.88 123.88
Clubhouse 1,009.54 1,087.71 1,174.09 1,426.16 1,718.24 1,235.22 808.60 888.06 992.59 1,181.61 1,375.33 983.75 251.48
Business Center 1,027.93 1,106.98 1,185.33 1,438.07 1,713.92 1,257.14 827.97 899.15 1,016.96 1,191.40 1,397.83 995.41 261.73
Pets Allowed 950.65 1,054.27 1,131.64 1,402.62 1,657.95 1,194.15 697.49 831.17 903.90 1,036.10 1,247.08 890.86 303.30
Resident Pays Sewer/Water 1,003.44 1,075.22 1,137.38 1,411.77 1,694.38 1,215.48 734.27 862.56 1,005.42 1,149.52 1,323.32 956.66 258.82
Unit Security/Alarm System 1,121.51 1,138.92 1,294.19 1,434.31 1,766.80 1,295.57 893.83 1,015.32 1,081.87 1,370.45 1,606.40 1,144.22 151.36
Handicapped Access 1,042.61 1,106.69 1,199.97 1,444.26 1,721.36 1,253.66 762.58 922.37 1,018.51 1,247.36 1,487.84 1,035.07 218.59
Heat Included in Rent 705.95 850.08 1,032.72 1,128.60 1,273.58 903.29 972.60 1,050.76 1,112.58 1,387.79 1,645.25 1,187.43 -284.14
Average Rent for Apartment Building/Community Features and Amenities(In Dollars)
With Feature/Amenity Without Feature/Amenity
3 Bed AllAll Efficiency 1 BedFeature/Amenity Efficiency 1 Bed 3 Bed
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 0 322 36647 36647 36666 36666 36666 36666 36666 36666 36666 36666 36886 36886 36886 36886 36886 36886 36886 37208 37208 37208Arapahoe 0 0 454 0 454 0 0 0 36 36 0 86 0 55 141 174 66 548 306 1094 59961 59961 60415 60415 60415 60415 60415 60415 60451 60451 60451 60537 60537 60592 60592 60766 60832 61380 61686 61686
21 238 26 0 285 0 0 0 146 146 788 95 1481 721 3085 483 179 386 788 183634202 34440 34466 34466 34466 34466 34466 34466 34612 34612 35400 35495 36976 37697 37697 38180 38359 38745 39533 39533
Denver 41 190 66 215 512 276 135 573 87 1071 0 0 0 1577 1577 124 764 1240 890 3018 106280 106470 106536 106751 106751 107027 107162 107735 107822 107822 107822 107822 107822 109399 109399 109523 110287 111527 112417 112417Douglas 0 0 0 62 62 0 0 232 60 292 83 48 0 0 131 0 421 0 74 495 10790 10790 10790 10852 10852 10852 10852 11084 11144 11144 11227 11275 11275 11275 11275 11275 11696 11696 11770 11770Jefferson 0 91 0 15 106 0 428 0 0 428 0 0 110 56 166 0 595 0 228 823 41571 41662 41662 41677 41677 41677 42105 42105 42105 42105 42105 42105 42215 42271 42271 42271 42866 42866 43094 43094
62 519 565 292 1438 276 563 805 329 1973 1091 229 0 2409 3729 657 1261 1256 2286 7588289451 289970 290535 290827 290827 291103 291666 292471 292800 292800 293891 294120 295711 298120 298120 298901 300926 303422 305708 305708
Metro Area Total
20092007
Yearly Total
Boulder/ Broomfield
2013
Estimate of New Apartments by County by Quarter
2008
Yearly TotalYearly Total
Yearly Total
2014
Yearly Total
2010
2011 2012
Yearly Total
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 Total
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 2409* 5320Total Units Available 293891 294120 295711 298120 298120Quarterly Vacancy Rate 4.6% 4.2% 4.4% 5.2% 5.2%Units Rented 280511 282031 283107 282540 282540Units Vacant 13380 12089 12604 15580 15580Number Absorbed this Quarter/Year 2330 1519 1077 -312 4613
2014 Units to Start Quarter/Year 298120 298901 300926 303422 298120Units Added this Quarter 781* 2025* 2496* 2286 7588Total Units Available 298901 300926 303422 305708 305708Quarterly Vacancy Rate 5.1% 4.7% 3.9% 4.7% 4.7%Units Rented 282542 286504 292224 291161 291161Units Vacant 16359 14422 11198 14547 14547Number Absorbed this Quarter/Year 2 3972 5720 -1063 8631
*numbers were revised to relfect a change in data sources
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 1.3 3.6
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 3.1 4.0
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 3.0 3.6
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 3.5 4.4
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 4.0 4.8
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 3.9 4.7
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 3.0 3.8
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 3.4 4.1
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 3.8 4.6
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 4.0 4.7
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 3.9 4.7
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 3.8 4.7
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 3.9 5.0
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 3.9 4.8
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 4.1 4.6
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 3.2 4.7
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 3.8 5.0
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 3.9 4.5
Jefferson 4.0 5.2 5.8 4.4 4.8 4.0 5.4 5.6 3.6 4.7 3.4 5.2 5.7 4.2 4.6 4.1 5.1 5.9 4.4 4.4 4.8 5.5 5.8 4.5 5.1 4.2 4.7 5.0 4.0 4.5 3.3 5.4 6.4 3.4 4.6 3.6 5.3 5.5 3.9 4.6 3.4 5.2 5.8 3.5 4.5 3.3 4.8 5.2 3.7 4.3
Average 3.9 5.1 5.8 4.2 4.7 4.2 5.2 5.6 4.2 4.8 3.7 5.4 6.2 4.3 4.9 4.0 5.3 6.2 4.4 4.4 4.0 5.5 6.0 4.5 5.0 3.9 5.6 5.6 3.9 4.8 3.9 5.1 6.1 3.9 4.8 3.7 5.6 6.0 3.9 4.8 3.6 5.0 5.9 3.9 4.6 3.5 5.1 6.2 3.8 4.7
Resident turnover is for respective months of February, May, August and November.
2010 20122011
(In Percent)
Monthly Resident Turnover
2007 20092005
By Size, Age of Building, and County
20132008 20142006
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% 8 0.0% 10 0.0%$226 to $250 1 2 50.0% 1 2 50.0%$251 to $275$276 to $300 1 0.0% 1 0.0%$301 to $325$326 to $350 4 0.0% 4 0.0%$351 to $375 1 0.0% 1 0.0%$376 to $400 9 0.0% 1 0.0% 10 0.0%$401 to $425 21 0.0% 1 0.0% 22 0.0%$426 to $450 2 0.0% 6 0.0% 1 0.0% 9 0.0%$451 to $475$476 to $500 34 0.0% 7 0.0% 2 0.0% 1 0.0% 44 0.0%$501 to $525 24 0.0% 2 0.0% 3 0.0% 29 0.0%$526 to $550 24 0.0% 10 0.0% 3 0.0% 37 0.0%$551 to $575 1 45 2.2% 3 41 7.3% 7 0.0% 4 93 4.3%$576 to $600 1 62 1.6% 9 571 1.6% 3 0.0% 10 636 1.6%$601 to $625 7 235 3.0% 19 637 3.0% 5 0.0% 26 877 3.0%$626 to $650 3 74 4.1% 12 523 2.3% 1 23 4.3% 1 0.0% 16 621 2.6%$651 to $675 5 197 2.5% 4 372 1.1% 24 0.0% 5 0.0% 9 598 1.5%$676 to $700 4 316 1.3% 8 561 1.4% 3 87 3.4% 23 0.0% 1 0.0% 15 988 1.5%$701 to $725 10 157 6.4% 36 1188 3.0% 7 460 1.5% 1 30 3.3% 54 1835 2.9%$726 to $750 7 321 2.2% 37 1325 2.8% 11 439 2.5% 2 0.0% 1 0.0% 55 2088 2.6%$751 to $775 3 179 1.7% 9 866 1.0% 2 227 0.9% 4 37 10.8% 18 1309 1.4%$776 to $800 9 230 3.9% 226 2953 7.7% 7 187 3.7% 2 109 1.8% 1 0.0% 24 0.0% 244 3504 7.0%$801 to $825 4 223 1.8% 41 1169 3.5% 10 216 4.6% 5 113 4.4% 1 0.0% 24 0.0% 60 1746 3.4%$826 to $850 5 257 1.9% 65 2318 2.8% 9 470 1.9% 86 0.0% 1 0.0% 49 0.0% 79 3181 2.5%$851 to $875 1 81 1.2% 133 2856 4.7% 16 507 3.2% 8 190 4.2% 1 4 25.0% 31 0.0% 159 3669 4.3%$876 to $900 5 36 13.9% 108 3052 3.5% 11 633 1.7% 67 0.0% 1 0.0% 23 0.0% 124 3812 3.3%$901 to $925 5 85 5.9% 77 2745 2.8% 10 609 1.6% 2 458 0.4% 7 0.0% 2 6 33.3% 96 3910 2.5%$926 to $950 1 73 1.4% 77 1626 4.7% 41 900 4.6% 7 137 5.1% 1 31 3.2% 8 0.0% 127 2775 4.6%$951 to $975 3 124 2.4% 114 3301 3.5% 14 876 1.6% 3 210 1.4% 3 0.0% 5 0.0% 134 4519 3.0%$976 to $1000 5 86 5.8% 123 2175 5.7% 79 1404 5.6% 5 462 1.1% 1 37 2.7% 1 8 12.5% 214 4172 5.1%$1001 to 1025 6 0.0% 103 2401 4.3% 44 1007 4.4% 32 880 3.6% 14 0.0% 8 0.0% 179 4316 4.1%$1026 to 1050 3 145 2.1% 87 2228 3.9% 54 736 7.3% 17 626 2.7% 6 120 5.0% 15 0.0% 167 3870 4.3%$1051 to 1075 85 2222 3.8% 35 570 6.1% 3 353 0.8% 10 0.0% 3 16 18.8% 126 3171 4.0%$1076 to 1100 7 116 6.0% 106 2317 4.6% 24 600 4.0% 57 1157 4.9% 1 42 2.4% 190 0.0% 195 4422 4.4%$1101 to 1125 1 20 5.0% 39 1543 2.5% 39 730 5.3% 19 734 2.6% 49 0.0% 21 0.0% 98 3097 3.2%$1126 to 1150 8 0.0% 45 1697 2.7% 28 477 5.9% 21 814 2.6% 4 0.0% 12 108 11.1% 106 3108 3.4%$1151 to 1175 3 87 3.4% 50 1045 4.8% 11 280 3.9% 69 1140 6.1% 4 0.0% 2 0.0% 133 2558 5.2%$1176 to 1200 1 69 1.4% 60 1520 3.9% 44 916 4.8% 86 1674 5.1% 40 0.0% 6 71 8.5% 197 4290 4.6%$1201 to 1225 2 79 2.5% 52 1155 4.5% 22 681 3.2% 45 1130 4.0% 52 0.0% 1 23 4.3% 122 3120 3.9%$1226 to 1250 13 346 3.8% 36 1014 3.6% 14 482 2.9% 118 1920 6.1% 5 84 6.0% 186 3846 4.8%$1251 to 1275 3 34 8.8% 69 1658 4.2% 14 330 4.2% 54 1274 4.2% 3 139 2.2% 9 98 9.2% 152 3533 4.3%$1276 to 1300 4 91 4.4% 66 1234 5.3% 34 754 4.5% 40 1169 3.4% 6 66 9.1% 33 0.0% 150 3347 4.5%$1301 to 1325 8 138 5.8% 43 1133 3.8% 17 404 4.2% 13 378 3.4% 1 35 2.9% 12 0.0% 82 2100 3.9%$1326 to 1350 4 59 6.8% 9 338 2.7% 23 597 3.9% 64 1482 4.3% 1 65 1.5% 101 2541 4.0%$1351 to 1375 35 0.0% 222 1715 12.9% 13 302 4.3% 77 1932 4.0% 1 0.0% 312 3985 7.8%$1376 to 1400 33 1009 3.3% 36 465 7.7% 39 949 4.1% 7 178 3.9% 2 41 4.9% 117 2642 4.4%$1401 to 1425 5 132 3.8% 7 208 3.4% 4 250 1.6% 57 1090 5.2% 3 140 2.1% 1 31 3.2% 77 1851 4.2%$1426 to 1450 16 237 6.8% 6 152 3.9% 99 1950 5.1% 8 181 4.4% 8 0.0% 129 2528 5.1%$1451 to 1475 1 3 33.3% 6 132 4.5% 7 118 5.9% 59 916 6.4% 1 24 4.2% 74 1193 6.2%$1476 to 1400 12 40 30.0% 13 231 5.6% 6 124 4.8% 55 938 5.9% 15 300 5.0% 4 55 7.3% 105 1688 6.2%$1501 to 1525 1 5 20.0% 3 21 14.3% 2 0.0% 62 1558 4.0% 3 158 1.9% 69 1744 4.0%$1526 to 1550 7 122 5.7% 3 81 3.7% 60 675 8.9% 21 215 9.8% 91 1093 8.3%$1551 to 1575 17 0.0% 20 146 13.7% 58 698 8.3% 21 0.0% 10 10 100.0% 88 892 9.9%$1576 to 1500 107 393 27.2% 1 87 1.1% 79 1588 5.0% 10 215 4.7% 197 2283 8.6%$1601 to 1625 9 0.0% 2 125 1.6% 1 2 50.0% 31 387 8.0% 14 293 4.8% 48 816 5.9%$1626 to 1650 3 4 75.0% 15 311 4.8% 77 0.0% 24 513 4.7% 7 183 3.8% 1 21 4.8% 50 1109 4.5%$1651 to 1675 14 372 3.8% 1 58 1.7% 29 588 4.9% 10 166 6.0% 6 0.0% 54 1190 4.5%$1676 to 1600 12 184 6.5% 19 0.0% 147 407 36.1% 12 152 7.9% 2 19 10.5% 173 781 22.2%$1701 to 1725 21 89 23.6% 3 77 3.9% 29 400 7.3% 4 157 2.5% 2 30 6.7% 59 753 7.8%$1726 to 1750 2 39 5.1% 4 113 3.5% 25 295 8.5% 6 131 4.6% 37 578 6.4%$1751 to 1775 1 129 0.8% 2 39 5.1% 28 381 7.3% 5 101 5.0% 36 650 5.5%$1776 to 1800 11 253 4.3% 3 43 7.0% 4 120 3.3% 18 253 7.1% 2 44 4.5% 38 713 5.3%$1801 to 1825 12 0.0% 10 0.0% 18 149 12.1% 18 171 10.5%$1826 to 1850 2 18 11.1% 1 0.0% 10 288 3.5% 5 144 3.5% 17 451 3.8%$1851 to 1875 1 92 1.1% 3 53 5.7% 4 55 7.3% 8 200 4.0%$1876 to 1900 3 0.0% 31 0.0% 15 227 6.6% 15 122 12.3% 30 383 7.8%$1901 to 1926 1 0.0% 2 17 11.8% 24 0.0% 5 85 5.9% 7 127 5.5%$1926 to 1950 7 0.0% 29 0.0% 1 20 5.0% 1 56 1.8%$1951 to 1975 2 0.0% 44 0.0% 46 0.0%$1976 to 2000 11 0.0% 7 0.0% 3 100 3.0% 27 0.0% 3 145 2.1%$2000 and up 7 190 3.7% 9 90 10.0% 169 1470 11.5% 33 488 6.8% 15 86 17.4% 233 2324 10.0%TOTALS 151 4328 3.5% 2453 55722 4.4% 748 18047 4.1% 1833 34130 5.4% 250 4802 5.2% 75 1184 6.3% 5510 118213 4.7%
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
314
Q4
Perc
ent V
acan
t
Quarter
Vacancy Rate by Quarter for Adams County
600.00
700.00
800.00
900.00
1000.00
1100.00
1200.00
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
14 Q1
14 Q2
14 Q3
14 Q4
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
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 Adams County
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1 14 Q2
14 Q3 14 Q4
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
14 Q1 14 Q2
14 Q3 14 Q4
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
14 Q
4
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 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
314
Q4
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Adams County
III-6
0
2
4
6
8
10
12
14
16
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
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
$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 1.0
-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 -0.1
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 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 4.0
-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 1.2
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 9.4
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 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 -2.1
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 4.7 4.2Westminster
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 3.3
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 -1.2
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 4.2 3.9Adams 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 3.7
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 -1.6
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 4.2
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 1st 2nd 3rd 4th 1st 2nd 3rd 4thUp to 8 499 below 4.8 0.0 0.0 0.09 to 50 20.0 10.0 10.0 3.3 500 to 749 7.4 0.8 3.1 1.951 to 99 9.9 1.5 1.8 0.0 750 to 999 1.8 1.2 0.0 0.0100 to199 0.0 0.0 1000 above 2.7200 to 349350 up 1.2Up to 8 499 below 0.0 0.0 0.0 7.19 to 50 0.0 0.0 0.0 6.7 500 to 749 4.5 7.7 3.5 6.1
51 to 99 750 to 999 22.0 9.0 3.4 2.9 100 to 199 4.8 8.0 5.1 5.1 1000 above 39.6 12.2 4.0 3.4 200 to 349 44.8 12.3 2.8 3.0
350 upUp to 8 499 below 5.9 17.6 0.0 5.99 to 50 0.0 2.0 0.0 0.0 500 to 749 4.0 3.5 4.1 4.2
51 to 99 1.1 6.3 6.3 750 to 999 3.5 4.7 3.6 4.4100 to 199 4.2 6.1 4.3 6.7 1000 above 4.6 4.6 5.2 3.7
200 to 349 3.6 4.0 2.6 3.4350 up 4.4 4.4 5.8 4.1Up to 8 0.0 0.0 0.0 499 below 3.9 5.9 5.9 7.89 to 50 0.0 1.8 4.2 1.4 500 to 749 4.0 4.0 3.6 2.7
51 to 99 1.9 1.8 1.0 750 to 999 4.7 4.9 3.8 3.6 100 to 199 2.6 3.3 6.8 3.7 1000 above 3.5 4.9 3.1 3.9 200 to 349 5.2 5.1 3.7 3.6
350 up 3.4 4.3 2.9 3.1Up to 8 0.0 0.0 0.0 499 below 4.1 6.5 3.1 5.39 to 50 1.9 1.9 2.9 2.6 500 to 749 4.1 3.8 3.8 3.4
51 to 99 9.9 1.7 2.7 1.9 750 to 999 4.8 4.9 3.7 3.9 100 to 199 3.5 5.0 5.1 5.5 1000 above 5.5 5.0 4.5 3.8
200 to 349 6.0 4.8 3.2 3.5350 up 3.7 4.4 4.7 3.7
Aurora-North
Northglenn/ Thornton
County
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
2014
III-10
County
County Year 1st 2nd 3rd 4th Apartment Type 1st 2nd 3rd 4thAurora-North To 1939 Aurora-North
1940-49 Efficiency 4.8 0.0 0.0 0.01950-59 20.0 10.0 10.0 10.0 1 Bed 3.6 0.0 2.5 1.51960-69 2 Bed, 1 Bath 4.5 2.2 2.6 0.01970-79 6.1 0.5 1.8 0.0 2 Bed, 2 Bath 2.41980-89 3 Bed 4.51990-941995-991990-99 Other 0.02000-04 All 3.7 0.9 2.3 1.02005 up 1.2To 1939 Commerce City/Brighton1940-49 Efficiency 0.0 0.0 0.0 0.01950-59 1 Bed 23.6 9.5 3.5 5.21960-69 4.4 2.5 6.3 2.5 2 Bed, 1 Bath 12.6 10.9 1.3 2.61970-79 4.8 12.5 3.6 7.7 2 Bed, 2 Bath 23.1 10.1 4.6 3.31980-89 3 Bed 20.9 0.0 5.1 3.81990-941995-991990-99 0.0 0.0 0.0 6.5 Other2000-04 0.9 1.9 All 21.0 9.2 3.5 4.02005 up 44.8 12.3 4.4 4.0
Northglenn/Thornton To 1939 Northglenn/Thornton1940-49 Efficiency 5.6 14.8 0.0 14.71950-59 1 Bed 3.6 3.6 3.6 3.81960-69 0.0 1.4 5.6 4.1 2 Bed, 1 Bath 4.3 5.4 7.1 5.01970-79 6.7 6.2 5.0 5.3 2 Bed, 2 Bath 4.2 4.3 3.5 4.01980-89 2.4 2.7 2.5 3.7 3 Bed 5.7 6.0 3.1 3.41990-941995-991990-99 3.6 3.4 2.4 3.4 Other 1.8 5.1 6.3 7.62000-04 3.2 5.0 5.2 4.3 All 4.0 4.4 4.2 4.22005 up 5.8 4.0 3.1 2.6
Westminster To 1939 Westminster1940-49 Efficiency 3.4 2.3 5.7 5.1
1950-59 1 Bed 3.9 4.3 3.6 2.9 1960-69 3.6 6.3 2.2 3.7 2 Bed, 1 Bath 4.3 4.6 3.1 2.6 1970-79 4.7 4.4 3.9 2.6 2 Bed, 2 Bath 4.6 5.0 4.2 4.3 1980-89 3.8 3.3 3.7 3.9 3 Bed 4.3 3.6 2.1 2.7 1990-94
1995-991990-99 3.8 6.4 3.1 4.6 Other 0.0 0.0 15.72000-04 3.8 3.2 3.2 3.0 All 4.2 4.5 3.6 3.32005 up
Adams County To 1939 Adams County1940-49 Efficiency 4.0 3.3 4.6 6.1
1950-59 20.0 10.0 10.0 10.0 1 Bed 4.5 4.1 3.6 3.4 1960-69 3.8 4.0 4.1 3.5 2 Bed, 1 Bath 4.7 5.1 4.8 3.6 1970-79 5.4 5.1 4.2 3.6 2 Bed, 2 Bath 5.0 4.8 3.9 4.1 1980-89 3.2 3.1 3.3 3.8 3 Bed 6.3 5.1 2.9 3.2 1990-94
1995-991990-99 3.7 4.8 2.7 3.9 Other 1.8 5.0 6.3 10.82000-04 3.3 4.7 4.6 3.9 All 4.7 4.5 3.9 3.72005 up 11.9 6.4 3.5 3.0
by Market Area for Adams County
Commerce City/ Brighton
Vacancy Rates by Age of Buildingby Market Area for Adams County
(In Percent)(In Percent)
2014
Vacancy Rates by Apartment Type
2014
III-11
County 1st 2nd 3rd 4th County 1st 2nd 3rd 4thAurora-North Aurora-North To 1959 725.00 720.00 740.00 740.00Efficiency 872.50 630.00 605.67 643.33 1960-691 Bed 939.17 741.34 673.60 726.29 1970-79 758.96 783.64 701.00 739.012 Bed, 1 Bath 894.00 852.03 832.69 850.00 1980-892 Bed, 2 Bath 1290.65 1990-993 Bed 1581.14 2000-04All 997.84 780.73 703.23 739.11 2005 up 1215.08Commerce City/Brighton To 1959Efficiency 500.00 500.00 500.00 500.00 1960-69 885.28 965.82 1071.84 1047.631 Bed 845.05 850.19 989.15 1022.99 1970-79 747.52 751.10 827.86 940.002 Bed, 1 Bath 952.87 974.88 1100.78 1167.39 1980-892 Bed, 2 Bath 1130.59 1203.24 1326.49 1375.80 1990-99 1024.48 1024.48 1081.58 1081.583 Bed 1387.77 1450.56 1515.43 1590.28 2000-04 1270.83 1355.50All 981.97 1013.19 1157.28 1205.60 2005 up 1193.67 1216.24 1342.45 1368.50Northglenn/Thornton Northglenn/Thornton To 1959Efficiency 742.11 761.81 710.46 870.12 1960-69 768.75 845.41 1006.79 913.901 Bed 885.86 956.50 964.13 1018.31 1970-79 843.37 849.20 873.82 936.732 Bed, 1 Bath 1022.14 1029.05 1046.52 1087.82 1980-89 986.96 1008.97 1102.74 1154.362 Bed, 2 Bath 1205.82 1262.13 1279.06 1336.05 1990-99 1133.18 1209.35 1203.01 1208.653 Bed 1396.73 1443.46 1413.52 1463.57 2000-04 1105.36 1203.28 1202.81 1282.51All 1045.08 1101.40 1101.00 1156.80 2005 up 1146.21 1180.39 1231.70 1262.28Westminster Westminster To 1959Efficiency 766.52 658.48 625.85 650.07 1960-69 814.67 821.19 843.21 856.631 Bed 820.03 834.76 887.62 884.96 1970-79 778.82 759.45 831.23 907.272 Bed, 1 Bath 917.54 934.45 1005.15 1040.73 1980-89 957.30 961.41 1145.41 1098.082 Bed, 2 Bath 1114.10 1192.70 1235.62 1242.69 1990-99 1147.70 1228.06 1320.57 1341.933 Bed 1400.63 1368.28 1555.53 1578.31 2000-04 1072.50 1242.12 1212.52 1188.25All 924.89 945.16 1024.79 1027.68 2005 upAdams County Adams County To 1959 725.00 720.00 740.00 740.00Efficiency 793.18 665.08 634.23 678.44 1960-69 839.80 868.69 943.82 924.021 Bed 858.89 891.45 927.93 951.44 1970-79 795.08 785.57 843.78 914.972 Bed, 1 Bath 957.70 973.75 1025.65 1064.45 1980-89 969.56 982.59 1129.01 1118.812 Bed, 2 Bath 1170.24 1234.15 1265.21 1302.52 1990-99 1138.73 1216.03 1250.27 1262.423 Bed 1402.53 1427.92 1476.72 1518.36 2000-04 1100.10 1210.59 1208.16 1272.45All 988.48 1024.07 1066.70 1096.11 2005 up 1178.40 1190.93 1264.27 1293.51
(In Dollars)by Market Area for Adams CountyAverage Rents by Age of Building
20142014
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
1st 2nd 3rd 4th County 1st 2nd 3rd 4thAurora-North Aurora-NorthUp to 8 Efficiency 1006.40 638.00 608.64 636.919 to 50 725.00 720.00 740.00 710.83 1 Bed 1128.24 737.58 644.62 731.5851 to 99 731.56 740.38 701.00 751.97 2 Bed, 1 Bath 860.46 859.96 835.82 857.00100 to 199 803.60 803.60 2 Bed, 2 Bath 1385.20200 to 349 3 Bed 1881.14350 and up 1215.08 All 1018.50 746.54 649.24 733.56Commerce City/Brighton Commerce City/BrightonUp to 8 Efficiency 488.00 488.00 488.00 488.009 to 50 907.42 902.98 948.42 954.53 1 Bed 732.75 757.75 1130.17 1105.1751 to 99 2 Bed, 1 Bath 887.70 912.70 998.50 1193.10100 to 199 821.74 865.09 959.23 1006.47 2 Bed, 2 Bath 1157.67 1157.67 1335.83 1485.08200 to 349 1193.67 1216.24 1309.40 1362.50 3 Bed 1532.80 1582.80 1444.93 1593.67350 and up All 943.53 1036.64 1169.53 1182.52Northglenn/Thornton Northglenn/ThorntonUp to 8 Efficiency 738.00 854.75 733.30 935.889 to 50 768.75 652.30 808.33 697.90 1 Bed 910.59 977.47 992.80 1043.1551 to 99 947.05 1031.85 1027.59 2 Bed, 1 Bath 1044.75 988.61 1044.29 1061.67100 to 199 936.21 936.81 983.67 1031.60 2 Bed, 2 Bath 1228.69 1291.88 1302.90 1371.35200 to 349 1087.64 1146.81 1154.13 1233.29 3 Bed 1478.51 1530.00 1413.32 1437.05350 and up 1035.81 1112.96 1081.55 1127.32 All 1007.96 1073.67 1088.94 1119.20Westminster WestminsterUp to 8 1390.00 1390.00 1411.00 Efficiency 853.73 597.31 594.00 617.009 to 50 665.46 694.36 710.69 731.14 1 Bed 823.49 820.48 889.07 903.5151 to 99 724.20 818.78 768.87 2 Bed, 1 Bath 892.60 886.39 910.45 984.70100 to199 797.42 794.16 770.16 805.44 2 Bed, 2 Bath 1147.98 1244.86 1279.93 1218.10200 to 349 949.76 972.38 1108.30 1106.33 3 Bed 1464.50 1482.64 1591.29 1617.71350 and up 924.87 979.00 953.21 990.93 All 905.76 898.36 990.75 978.72Adams County Adams CountyUp to 8 1390.00 1390.00 1411.00 Efficiency 853.51 601.25 597.19 620.359 to 50 785.49 741.49 798.83 770.84 1 Bed 886.35 895.21 938.85 956.1451 to 99 731.56 771.02 820.46 818.26 2 Bed, 1 Bath 943.14 922.50 985.84 1010.43100 to 199 868.38 869.74 920.76 956.42 2 Bed, 2 Bath 1190.74 1277.93 1289.41 1358.59200 to 349 1025.28 1065.48 1139.81 1174.76 3 Bed 1478.69 1490.82 1577.66 1597.88350 and up 998.58 1054.62 1033.38 1068.11 All 963.71 995.95 1060.11 1074.16
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.
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 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thAurora-North Aurora-NorthEfficiency 1.89 1.40 1.38 1.431 Bed 1.27 1.14 1.14 1.19 499 below 1.86 1.40 1.38 1.432 Bed, 1 Bath 0.99 0.95 1.06 1.14 500 to 749 1.11 1.14 1.14 1.202 Bed, 2 Bath 1.11 750 to 999 1.26 0.92 1.03 1.093 Bed 1.30 1000 above 1.14All 1.24 1.07 1.14 1.21Commerce City/Brighton Commerce City/BrightonEfficiency1 Bed 1.30 1.31 1.49 1.55 499 below2 Bed, 1 Bath 1.12 1.14 1.30 1.38 500 to 749 1.33 1.33 1.52 1.602 Bed, 2 Bath 1.13 1.21 1.34 1.39 750 to 999 1.16 1.21 1.36 1.423 Bed 1.13 1.19 1.27 1.34 1000 above 1.17 1.20 1.29 1.34All 1.21 1.24 1.39 1.45Northglenn/Thornton Northglenn/ThorntonEfficiency 1.56 1.58 1.46 1.791 Bed 1.26 1.33 1.38 1.44 499 below 1.56 1.79 1.58 1.932 Bed, 1 Bath 1.19 1.18 1.24 1.24 500 to 749 1.29 1.36 1.43 1.472 Bed, 2 Bath 1.16 1.20 1.22 1.27 750 to 999 1.19 1.22 1.25 1.303 Bed 1.15 1.18 1.17 1.21 1000 above 1.15 1.20 1.21 1.26All 1.21 1.25 1.29 1.34Westminster WestminsterEfficiency 1.36 1.18 1.17 1.231 Bed 1.27 1.29 1.35 1.35 499 below 1.34 1.33 1.39 1.602 Bed, 1 Bath 1.13 1.16 1.22 1.26 500 to 749 1.28 1.27 1.35 1.332 Bed, 2 Bath 1.13 1.20 1.21 1.23 750 to 999 1.14 1.19 1.21 1.263 Bed 1.24 1.21 1.39 1.44 1000 above 1.14 1.23 1.28 1.31All 1.20 1.23 1.28 1.30Adams County Adams CountyEfficiency 1.55 1.23 1.22 1.321 Bed 1.27 1.31 1.37 1.40 499 below 1.62 1.44 1.42 1.652 Bed, 1 Bath 1.15 1.16 1.23 1.26 500 to 749 1.28 1.30 1.38 1.392 Bed, 2 Bath 1.14 1.20 1.22 1.26 750 to 999 1.17 1.20 1.24 1.293 Bed 1.17 1.18 1.26 1.31 1000 above 1.15 1.21 1.24 1.28All 1.21 1.24 1.29 1.33
Average Rent Per Square Foot by Apartment Size
(In Dollars)by Market Aread for Adams County
Average Rent per Square Foot 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 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 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 0.0 0.0 0.1 Up to 8 0.0 0.0 0.19 - 50 11.9 5.7 6.6 10.5 9 - 50 13.8 7.5 9.5 13.151 - 99 9.4 12.5 12.5 11.3 51 - 99 19.2 14.2 15.2 13.2100 - 199 6.6 7.6 8.6 12.4 100 - 199 10.1 12.6 13.7 17.9200 to 349 1.6 6.6 10.4 14.4 200 to 349 7.5 11.5 13.5 17.8350 up 6.0 10.3 12.4 14.2 350 up 9.7 14.6 17.1 17.8 Age Age (year built)To 1959 10.3 16.7 14.0 17.0 To 1959 30.3 26.7 24.0 27.01960-69 11.5 11.0 13.9 12.0 1960-69 15.3 14.9 18.1 15.51970-79 5.9 6.6 5.7 13.9 1970-79 11.3 11.7 9.9 17.51980-89 -3.3 9.2 13.1 16.4 1980-89 -0.1 12.2 16.3 20.21990-99 4.1 13.0 23.0 22.5 1990-99 7.7 17.8 25.6 26.42000-04 3.8 7.7 7.2 10.3 2000-04 7.1 12.3 11.8 14.22005 up 13.3 -1.6 6.0 7.1 2005 up 25.3 4.8 9.5 10.2
Market Area Market AreaAurora-North 1.9 4.1 9.0 5.8 Aurora-North 5.6 5.1 11.2 6.8Commerce City/Brighton 19.5 -1.4 11.9 14.8 Commerce City/Brighton 40.5 7.7 15.4 18.8Northglenn/Thornton 3.7 9.3 9.7 9.4 Northglenn/Thornton 7.7 13.7 13.9 13.6Westminster 2.8 8.6 12.7 18.3 Westminster 6.9 13.1 16.3 21.6
Average 4.2 8.6 11.0 14.0 Average 8.9 13.1 14.9 17.7
Average Rent Minus Rental Losses Equals Effective Rent
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
as a Percentage of Gross Potential Rent
(In Percent)
2014
and Market Area for Adams County
2014
III-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsAurora-North 643.33 726.29 850.00 739.11Commerce City/Brighton 500.00 1022.99 1167.39 1375.80 1590.28 1205.60Northglenn/Thornton 870.12 1018.31 1087.82 1336.05 1463.57 1177.78 1156.80Westminster 650.07 884.96 1040.73 1242.69 1578.31 1144.33 1027.68Adams County Average 678.44 951.44 1064.45 1302.52 1518.36 1164.66 1096.11
Buildings with up to 6 UnitsAurora-NorthCommerce City/BrightonNorthglenn/ThorntonWestminster 1411.00 1411.00Adams County Average 1411.00 1411.00
Buildings with 7 to 36 UnitsAurora-North 625.00 691.30 800.00 710.83Commerce City/Brighton 500.00 867.82 990.50 1199.00 1006.00 954.53Northglenn/Thornton 775.00 900.00 1000.00 845.83Westminster 625.00 667.50 780.00 795.00 741.88Adams County Average 550.00 749.61 861.15 1074.69 1004.80 824.95
Buildings with 37 and Above UnitsAurora-North 645.00 745.00 875.00 751.97Commerce City/Brighton 1030.99 1182.24 1382.66 1621.44 1220.09Northglenn/Thornton 870.12 1018.78 1088.50 1336.05 1464.57 1177.78 1157.32Westminster 650.20 885.63 1043.11 1243.88 1578.31 1139.00 1028.90Adams County Average 681.12 953.13 1066.84 1303.28 1521.30 1162.75 1098.21
Buildings with 5 Stories and AboveAurora-NorthCommerce City/BrightonNorthglenn/ThorntonWestminster 906.00 1110.00Adams County Average 906.00 1110.00 978.86
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 930.53 1001.61 1150.26 1333.19 1530.88 1159.96 659.64 890.57 1019.39 1241.67 1507.40 1026.88 133.08
Patio or Balcony 817.00 990.52 1087.60 1303.83 1540.30 1131.29 608.74 719.34 886.91 1277.80 1301.98 833.22 298.06
Fireplace 790.52 1051.85 1220.85 1337.21 1621.18 1207.98 637.12 803.48 985.97 1087.72 1375.98 928.13 279.84
Nine-Foot Ceilings 819.62 1093.33 1261.91 1385.31 1636.34 1260.77 637.57 849.29 993.97 1142.01 1365.98 959.41 301.35
Swimming Pool 798.79 964.41 1083.93 1310.86 1550.02 1115.74 606.07 699.26 883.70 1053.24 1069.78 822.32 293.43
Spa or Sauna 885.77 1060.19 1196.42 1376.41 1645.92 1219.57 653.83 825.85 990.20 1139.57 1381.80 959.96 259.61
Exercise Room 818.19 990.28 1099.69 1351.36 1607.29 1144.10 610.68 822.01 1007.26 1065.15 1383.07 965.54 178.56
Sport Court 778.98 939.64 1054.12 1311.34 1506.12 1107.93 652.66 957.33 1067.53 1297.60 1527.54 1090.58 17.35
Microwave 912.06 1091.63 1281.58 1370.99 1617.40 1253.21 661.02 857.81 982.10 1208.93 1428.35 984.76 268.45
Washer/Dryer Hookups 897.05 1062.70 1275.81 1326.25 1594.92 1234.47 660.06 876.81 982.75 1259.10 1380.37 984.39 250.08
Garbage Disposal 681.07 955.41 1070.66 1303.39 1529.78 1099.53 520.00 875.19 949.53 1285.87 1356.64 1031.08 68.45
Dishwasher 776.98 991.86 1099.15 1306.87 1533.75 1136.29 621.23 755.11 910.03 1245.50 1343.10 866.73 269.56
Air Conditioning 680.65 951.52 1071.74 1303.39 1532.83 1097.35 500.00 949.33 939.96 1285.87 1327.58 1070.56 26.79
Ceiling Fan 674.73 955.07 1070.54 1329.46 1540.75 1101.79 722.53 942.59 1052.28 1235.45 1485.57 1083.19 18.60
Attached Garage 1152.43 1294.41 1437.99 1741.26 1326.74 678.44 925.06 1044.66 1270.38 1472.93 1062.48 264.26
Covered Parking 956.75 1095.44 1335.66 1547.38 1116.24 678.44 947.35 1050.41 1278.12 1504.25 1083.27 32.96
Clubhouse 818.19 988.22 1118.19 1364.26 1640.59 1152.83 610.68 862.44 970.94 1141.41 1261.86 970.88 181.95
Business Center 834.90 1036.85 1137.13 1363.55 1577.50 1192.28 625.43 837.12 997.73 1142.43 1396.18 960.12 232.17
Pets Allowed 686.46 964.47 1078.24 1313.50 1528.89 1109.30 601.04 801.58 826.34 1165.10 1347.25 923.87 185.44
Resident Pays Sewer/Water 817.28 1000.93 1104.57 1324.05 1572.68 1149.76 620.66 769.87 919.67 1114.11 1174.37 864.49 285.27
Unit Security/Alarm System 1186.35 1298.70 1422.15 1697.08 1314.05 678.44 926.21 1044.61 1279.67 1507.14 1070.73 243.32
Handicapped Access 667.83 996.02 1146.54 1339.61 1521.83 1147.59 734.46 889.23 1008.66 1215.10 1514.72 1026.44 121.15
Heat Included in Rent 625.27 727.48 936.77 1081.36 965.19 790.91 790.18 985.03 1083.56 1305.05 1535.21 1130.78 -339.87
All Efficiency 1 Bed
With Feature/Amenity Without Feature/Amenity
Average Rent for Apartment Building/Community Features and Amenities in Adams County(In Dollars)
Feature/Amenity Efficiency 1 Bed 3 Bed 3 Bed All
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 37208 36886
0 0 322 0 32236886 36886 37208 37208 372084.7% 4.5% 3.9% 3.7% 3.7%
35141 35210 35758 35824 358241745 1676 1450 1384 1384
209 69 548 67 893
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 37208 0 37208
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 1st 2nd 3rd 4th
SizeUp to 8 0.0 0.0 0.09 - 50 8.3 5.6 4.4 2.351-99 5.2 2.7 4.1 2.9100 - 199 3.7 4.8 5.4 5.9200 to 349 4.1 5.7 5.8 3.6350 up 4.0 4.9 6.9 3.8
AgeTo 1959 10.0 10.0 0.0 10.01960-69 5.5 6.1 4.9 4.11970-79 4.4 5.1 4.8 4.41980-89 4.4 4.2 6.3 3.91990-99 3.2 6.5 6.0 3.32000-04 4.1 5.1 7.3 3.62005 up 2.6 3.0 5.3 4.2
Market AreaAurora-North 4.1 2.3 3.4 2.1Commerce City/Brighton 2.1 3.8 4.4 4.0Northglenn/Thornton 4.1 5.3 6.9 4.6Westminster 4.2 5.2 5.1 3.3
County Average 4.0 5.1 6.1 3.9
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
2014
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 3 0.0% 3 0.0%$526 to $550 1 0.0% 1 0.0%$551 to $575 5 0.0% 5 0.0%$576 to $600 1 0.0% 5 391 1.3% 5 392 1.3%$601 to $625 6 142 4.2% 73 0.0% 6 215 2.8%$626 to $650 14 0.0% 1 33 3.0% 2 0.0% 1 49 2.0%$651 to $675 5 0.0% 11 0.0% 16 0.0%$676 to $700 85 0.0% 9 0.0% 1 0.0% 95 0.0%$701 to $725 3 9 33.3% 4 177 2.3% 17 0.0% 7 203 3.4%$726 to $750 1 76 1.3% 2 0.0% 1 78 1.3%$751 to $775 3 38 7.9% 24 0.0% 127 0.0% 2 0.0% 3 191 1.6%$776 to $800 15 567 2.6% 13 0.0% 9 0.0% 15 589 2.5%$801 to $825 1 10 10.0% 5 0.0% 7 108 6.5% 5 0.0% 8 128 6.3%$826 to $850 5 427 1.2% 3 84 3.6% 6 0.0% 8 517 1.5%$851 to $875 12 169 7.1% 28 0.0% 6 65 9.2% 1 4 25.0% 19 266 7.1%$876 to $900 17 437 3.9% 13 0.0% 5 0.0% 17 455 3.7%$901 to $925 25 611 4.1% 193 0.0% 2 92 2.2% 27 896 3.0%$926 to $950 1 17 5.9% 8 199 4.0% 23 382 6.0% 3 0.0% 1 24 4.2% 33 625 5.3%$951 to $975 1 7 14.3% 18 362 5.0% 4 363 1.1% 1 0.0% 23 733 3.1%$976 to $1000 8 210 3.8% 15 247 6.1% 2 0.0% 23 459 5.0%$1001 to 1025 11 167 6.6% 17 299 5.7% 2 0.0% 28 468 6.0%$1026 to 1050 17 528 3.2% 6 86 7.0% 6 33 18.2% 29 647 4.5%$1051 to 1075 5 221 2.3% 19 267 7.1% 176 0.0% 2 0.0% 24 666 3.6%$1076 to 1100 22 514 4.3% 1 9 11.1% 4 0.0% 1 13 7.7% 24 540 4.4%$1101 to 1125 19 558 3.4% 2 120 1.7% 9 296 3.0% 30 974 3.1%$1126 to 1150 1 95 1.1% 5 82 6.1% 10 224 4.5% 12 78 15.4% 28 479 5.8%$1151 to 1175 8 112 7.1% 4 58 6.9% 12 170 7.1%$1176 to 1200 6 242 2.5% 3 76 3.9% 7 93 7.5% 1 0.0% 1 28 3.6% 17 440 3.9%$1201 to 1225 17 144 11.8% 36 0.0% 11 160 6.9% 30 0.0% 1 23 4.3% 29 393 7.4%$1226 to 1250 13 324 4.0% 2 68 2.9% 1 1 100.0% 16 393 4.1%$1251 to 1275 1 74 1.4% 2 138 1.4% 10 139 7.2% 2 47 4.3% 15 398 3.8%$1276 to 1300 2 68 2.9% 9 308 2.9% 36 0.0% 11 412 2.7%$1301 to 1325 116 0.0% 116 0.0%$1326 to 1350 2 100 2.0% 5 48 10.4% 7 148 4.7%$1351 to 1375 7 173 4.0% 18 520 3.5% 25 693 3.6%$1376 to 1400 30 0.0% 13 448 2.9% 1 0.0% 13 479 2.7%$1401 to 1425 140 0.0% 2 76 2.6% 1 0.0% 2 217 0.9%$1426 to 1450 10 216 4.6% 1 85 1.2% 11 301 3.7%$1451 to 1475 18 276 6.5% 18 276 6.5%$1476 to 1400 14 358 3.9% 14 358 3.9%$1501 to 1525 3 144 2.1% 3 144 2.1%$1526 to 1550 1 72 1.4% 1 72 1.4%$1551 to 1575 3 76 3.9% 21 0.0% 3 97 3.1%$1576 to 1500 1 68 1.5% 1 68 1.5%$1601 to 1625 4 140 2.9% 4 140 2.9%$1626 to 1650 1 64 1.6% 1 64 1.6%$1651 to 1675$1676 to 1600$1701 to 1725 2 82 2.4% 2 82 2.4%$1726 to 1750 24 0.0% 24 0.0%$1751 to 1775$1776 to 1800 5 124 4.0% 5 124 4.0%$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 15 245 6.1% 231 6723 3.4% 122 3433 3.6% 159 3891 4.1% 28 880 3.2% 14 130 10.8% 569 15302 3.7%
Two Bedroom
One BedroomEfficiencies
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
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$601 to $625 1 0.0% 1 0.0%$626 to $650 11 0.0% 1 4 25.0% 1 15 6.7%$651 to $675$676 to $700 19 0.0% 19 0.0%$701 to $725$726 to $750 43 0.0% 43 0.0%$751 to $775$776 to $800 6 0.0% 6 0.0%$801 to $825$826 to $850$851 to $875 12 0.0% 12 0.0%$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 12 0.0% 1 66 1.5% 18 0.0% 1 96 1.0%
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 QuarterAurora - North
One BedroomEfficiencies
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$601 to $625 5 0.0% 5 0.0%$626 to $650$651 to $675$676 to $700$701 to $725 3 0.0% 3 0.0%$726 to $750$751 to $775$776 to $800$801 to $825$826 to $850 16 0.0% 16 0.0%$851 to $875 10 128 7.8% 1 3 33.3% 11 131 8.4%$876 to $900$901 to $925$926 to $950 37 0.0% 37 0.0%$951 to $975 1 12 8.3% 1 12 8.3%$976 to $1000$1001 to 1025$1026 to 1050$1051 to 1075$1076 to 1100 1 9 11.1% 1 9 11.1%$1101 to 1125 3 72 4.2% 3 72 4.2%$1126 to 1150 2 82 2.4% 2 82 2.4%$1151 to 1175$1176 to 1200 4 114 3.5% 3 40 7.5% 9 0.0% 7 163 4.3%$1201 to 1225 36 0.0% 36 0.0%$1226 to 1250$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 30 0.0% 1 0.0% 31 0.0%$1401 to 1425$1426 to 1450 1 9 11.1% 1 9 11.1%$1451 to 1475$1476 to 1400 5 78 6.4% 5 78 6.4%$1501 to 1525$1526 to 1550 1 72 1.4% 1 72 1.4%$1551 to 1575$1576 to 1500 36 0.0% 36 0.0%$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725 1 30 3.3% 1 30 3.3%$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% 18 347 5.2% 4 155 2.6% 8 241 3.3% 3 79 3.8% 33 825 4.0%
Two Bedroom
One BedroomEfficiencies
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
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 5 0.0% 5 0.0%$576 to $600 1 0.0% 7 0.0% 8 0.0%$601 to $625$626 to $650 2 0.0% 2 0.0%$651 to $675 11 0.0% 11 0.0%$676 to $700 9 0.0% 9 0.0%$701 to $725 3 9 33.3% 2 25 8.0% 4 0.0% 5 38 13.2%$726 to $750$751 to $775 6 0.0% 6 0.0%$776 to $800 10 201 5.0% 10 201 5.0%$801 to $825 6 48 12.5% 6 48 12.5%$826 to $850 1 188 0.5% 1 188 0.5%$851 to $875 6 60 10.0% 6 60 10.0%$876 to $900 15 243 6.2% 5 0.0% 15 248 6.0%$901 to $925 5 272 1.8% 5 272 1.8%$926 to $950 1 17 5.9% 3 100 3.0% 14 199 7.0% 18 316 5.7%$951 to $975 1 7 14.3% 168 0.0% 1 175 0.6%$976 to $1000 8 210 3.8% 1 0.0% 8 211 3.8%$1001 to 1025 8 67 11.9% 10 142 7.0% 18 209 8.6%$1026 to 1050 10 296 3.4% 6 32 18.8% 16 328 4.9%$1051 to 1075 3 108 2.8% 18 235 7.7% 61 0.0% 21 404 5.2%$1076 to 1100 14 346 4.0% 2 0.0% 1 13 7.7% 15 361 4.2%$1101 to 1125 16 486 3.3% 7 192 3.6% 23 678 3.4%$1126 to 1150 1 95 1.1% 3 36 8.3% 4 28 14.3% 8 159 5.0%$1151 to 1175 8 112 7.1% 8 112 7.1%$1176 to 1200 2 128 1.6% 36 0.0% 7 84 8.3% 1 28 3.6% 10 276 3.6%$1201 to 1225 17 144 11.8% 30 0.0% 1 23 4.3% 18 197 9.1%$1226 to 1250 2 144 1.4% 2 68 2.9% 4 212 1.9%$1251 to 1275 2 78 2.6% 10 139 7.2% 2 46 4.3% 14 263 5.3%$1276 to 1300 2 68 2.9% 2 96 2.1% 1 0.0% 4 165 2.4%$1301 to 1325 116 0.0% 116 0.0%$1326 to 1350$1351 to 1375 4 48 8.3% 18 520 3.5% 22 568 3.9%$1376 to 1400 13 448 2.9% 13 448 2.9%$1401 to 1425 2 76 2.6% 2 76 2.6%$1426 to 1450 10 216 4.6% 76 0.0% 10 292 3.4%$1451 to 1475 2 84 2.4% 2 84 2.4%$1476 to 1400 8 172 4.7% 8 172 4.7%$1501 to 1525$1526 to 1550$1551 to 1575 3 76 3.9% 21 0.0% 3 97 3.1%$1576 to 1500 1 32 3.1% 1 32 3.1%$1601 to 1625$1626 to 1650 1 40 2.5% 1 40 2.5%$1651 to 1675$1676 to 1600$1701 to 1725 1 52 1.9% 1 52 1.9%$1726 to 1750 24 0.0% 24 0.0%$1751 to 1775$1776 to 1800 2 24 8.3% 2 24 8.3%$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 5 34 14.7% 117 3071 3.8% 69 1385 5.0% 86 2150 4.0% 16 468 3.4% 6 79 7.6% 299 7187 4.2%
Two Bedroom
One Bathroom
Two Bedroom
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
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 3 0.0% 3 0.0%$526 to $550 1 0.0% 1 0.0%$551 to $575$576 to $600 5 384 1.3% 5 384 1.3%$601 to $625 6 141 4.3% 68 0.0% 6 209 2.9%$626 to $650 3 0.0% 29 0.0% 32 0.0%$651 to $675 5 0.0% 5 0.0%$676 to $700 66 0.0% 1 0.0% 67 0.0%$701 to $725 2 152 1.3% 10 0.0% 2 162 1.2%$726 to $750 1 33 3.0% 2 0.0% 1 35 2.9%$751 to $775 3 38 7.9% 18 0.0% 127 0.0% 2 0.0% 3 185 1.6%$776 to $800 5 366 1.4% 7 0.0% 9 0.0% 5 382 1.3%$801 to $825 1 10 10.0% 5 0.0% 1 60 1.7% 5 0.0% 2 80 2.5%$826 to $850 4 223 1.8% 3 84 3.6% 6 0.0% 7 313 2.2%$851 to $875 2 41 4.9% 16 0.0% 5 0.0% 1 0.0% 2 63 3.2%$876 to $900 2 194 1.0% 8 0.0% 5 0.0% 2 207 1.0%$901 to $925 20 339 5.9% 193 0.0% 2 92 2.2% 22 624 3.5%$926 to $950 5 99 5.1% 9 146 6.2% 3 0.0% 1 24 4.2% 15 272 5.5%$951 to $975 17 350 4.9% 4 195 2.1% 1 0.0% 21 546 3.8%$976 to $1000 15 247 6.1% 1 0.0% 15 248 6.0%$1001 to 1025 3 100 3.0% 7 157 4.5% 2 0.0% 10 259 3.9%$1026 to 1050 7 232 3.0% 6 86 7.0% 1 0.0% 13 319 4.1%$1051 to 1075 2 113 1.8% 1 32 3.1% 115 0.0% 2 0.0% 3 262 1.1%$1076 to 1100 8 168 4.8% 2 0.0% 8 170 4.7%$1101 to 1125 2 120 1.7% 2 104 1.9% 4 224 1.8%$1126 to 1150 2 46 4.3% 8 142 5.6% 8 50 16.0% 18 238 7.6%$1151 to 1175 4 58 6.9% 4 58 6.9%$1176 to 1200 1 0.0% 1 0.0%$1201 to 1225 11 160 6.9% 11 160 6.9%$1226 to 1250 11 180 6.1% 1 1 100.0% 12 181 6.6%$1251 to 1275 1 74 1.4% 60 0.0% 1 0.0% 1 135 0.7%$1276 to 1300 7 212 3.3% 35 0.0% 7 247 2.8%$1301 to 1325$1326 to 1350 2 100 2.0% 5 48 10.4% 7 148 4.7%$1351 to 1375 3 125 2.4% 3 125 2.4%$1376 to 1400$1401 to 1425 140 0.0% 1 0.0% 141 0.0%$1426 to 1450$1451 to 1475 16 192 8.3% 16 192 8.3%$1476 to 1400 1 108 0.9% 1 108 0.9%$1501 to 1525 3 144 2.1% 3 144 2.1%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 4 140 2.9% 4 140 2.9%$1626 to 1650 24 0.0% 24 0.0%$1651 to 1675$1676 to 1600$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800 3 100 3.0% 3 100 3.0%$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 10 196 5.1% 95 3239 2.9% 49 1875 2.6% 65 1500 4.3% 9 333 2.7% 8 51 15.7% 236 7194 3.3%
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 QuarterWestminster
One BedroomEfficiencies
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
314
Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
0
500
1000
1500
2000
2500
3000
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
9
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
14 Q1
14 Q2
14 Q3
14 Q4
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 Arapahoe County
14 Q1
14 Q2
14 Q3
14 Q4
IV-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 Arapahoe County
14 Q1 14 Q2
14 Q3 14 Q4
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 Arapahoe County
14 Q1 14 Q2
14 Q3 14 Q4
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
306
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
314
Q4
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
14 Q1 14 Q2
14 Q3 14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
$707.00 $778.18
$1,090.47
$1,395.00
0.00
200.00
400.00
600.00
800.00
1000.00
1200.00
1400.00
1600.00
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 3.1 4.71.5 -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 1.3
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 3.1 3.48.0 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 5.2
-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 5.1 -0.76.4 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 6.6 6.47.9 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 2.4
-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 0.7 -0.68.6 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 3.6 3.49.2 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 8.5
-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 -2.4 2.99.5 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 4.6 5.38.2 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 3.8
-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 -0.1 0.59.1 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 3.5
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 4.0 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 -0.1
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 4.0 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 4.5
-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 -1.8 -2.810.1 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 5.8 5.210.2 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 3.5
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 -0.2 -1.18.8 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 4.1 3.88.0 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 6.6
-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 -2.4 -0.610.1 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 6.1 6.0
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 6.1 3.80.1 -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 2.9 0.08.5 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 4.2 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 4.9
-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 -0.2 -0.39.5 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 4.6
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
20112005 2010200920082006
Arapahoe County
Aurora-Central Northeast
Aurora-Central Northwest
Aurora- Central Southwest
Aurora-South
2013
Arapahoe Co-South
Arapahoe Co-Southeast
2007 2012
IV-9
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Up to 8 499 below9 to 50 0.0 0.0 0.0 500 to 749 2.5 1.5 1.0 2.551 to 99 750 to 999 2.6 3.1 3.6 4.1100 to199 3.6 1.7 0.8 2.1 1000 above 3.7 2.8 3.6 5.9200 to 349 2.6 2.4 3.0 5.6350 up 4.2 4.6 6.0 4.6Up to 8 499 below9 to 50 500 to 749 4.9 5.0 9.0 5.751 to 99 750 to 999 4.5 3.9 10.6 3.8100 to 199 12.5 19.0 7.7 1000 above 6.0 7.5 8.6 6.3200 to 349 4.6 5.3 9.7 4.9350 up 7.3 5.7 3.8 6.4Up to 8 499 below 0.0 0.8 0.0 2.49 to 50 0.0 500 to 749 3.1 3.7 4.7 2.851 to 99 750 to 999 3.5 6.1 3.5 2.1100 to 199 5.3 9.1 7.1 2.9 1000 above 2.4 100.0 0.0 0.0200 to 349 2.8 1.0 1.5 1.0350 up 2.8 3.4 3.5 2.6Up to 8 0.0 0.0 0.0 499 below 3.0 5.7 0.0 45.39 to 50 3.3 4.2 4.7 500 to 749 5.5 4.0 4.3 7.351 to 99 0.0 1.8 2.2 750 to 999 5.0 3.8 3.8 4.7100 to 199 3.3 2.7 2.6 2.2 1000 above 3.9 4.0 4.1 5.3200 to 349 5.3 5.6 5.4 4.9350 up 4.8 4.1 3.8 11.9Up to 8 0.0 499 below 0.09 to 50 500 to 749 3.4 3.2 3.3 3.8
51 to 99 750 to 999 3.9 3.6 3.2 3.8 100 to 199 5.8 5.0 4.7 5.1 1000 above 3.3 3.4 3.5 3.9
200 to 349 2.8 2.5 2.5 3.3350 up 3.6 3.5 3.3 3.9Up to 8 499 below 2.1 2.0 6.1 4.49 to 50 500 to 749 4.0 4.9 3.5 3.551 to 99 750 to 999 3.4 3.9 4.2 3.3100 to 199 4.6 4.4 4.7 3.0 1000 above 3.8 3.8 4.7 8.2200 to 349 4.0 3.7 3.2 4.0350 up 3.2 4.8 4.7 4.4Up to 8 499 below 2.1 5.2 6.0 0.09 to 50 500 to 749 5.6 5.6 6.4 4.851 to 99 0.0 4.6 1.5 4.6 750 to 999 5.5 6.2 3.3 3.9100 to 199 3.3 1.1 1.1 2.7 1000 above 5.8 6.2 4.3 5.2200 to 349 6.0 6.3 3.8 3.4350 up 5.5 6.1 4.9 4.8Up to 8 0.0 499 below 0.0 0.0 0.0 4.09 to 50 1.6 0.9 2.1 3.3 500 to 749 3.7 4.6 2.9 4.951 to 99 1.2 1.8 1.1 750 to 999 3.8 4.2 3.4 3.1100 to 199 4.2 3.5 0.7 2.8 1000 above 4.4 4.3 4.7 3.2200 to 349 3.0 5.7 4.7 6.5350 up 5.2 4.2 3.9 1.3Up to 8 499 below 4.4 3.5 3.1 6.19 to 50 5.9 3.8 500 to 749 7.2 7.1 6.7 4.951 to 99 6.1 9.9 7.0 7.0 750 to 999 6.3 5.9 3.6 7.5100 to 199 5.8 4.3 4.3 3.0 1000 above 6.7 2.9 3.0 12.0200 to 349 4.3 3.0 1.6 6.9350 up 13.0 11.6 10.5 10.2Up to 8 2.4 0.0 2.9 0.0 499 below 2.2 4.1 0.0 2.79 to 50 0.0 1.1 3.2 3.7 500 to 749 1.7 1.9 6.1 3.051 to 99 4.1 1.0 750 to 999 4.4 3.6 7.1 4.7100 to 199 1.4 1.4 3.7 1000 above 4.4 4.4 5.8 4.3200 to 349 3.0 2.6 8.2 3.8350 up 4.5 4.7 5.0 4.1Up to 8 1.8 0.0 2.9 0.0 499 below 2.4 3.9 2.8 19.09 to 50 3.1 2.1 2.3 3.3 500 to 749 4.6 4.7 4.8 4.451 to 99 2.8 5.2 4.6 4.4 750 to 999 4.3 4.5 4.3 3.9100 to 199 4.6 4.4 4.2 3.2 1000 above 4.7 4.8 4.8 5.5200 to 349 4.0 4.2 4.8 4.5350 up 4.8 5.1 4.6 5.6
20142014
Vacancy Rates by Size of Building
(In Percent)by Market Area for Arapahoe County
Vacancy Rates by Size of Apartment Unit
(In Percent)
Number of Units
by Market Area for Arapahoe County
Square Feet in Unit
Englewood/Sheridan
Aurora-Central Northwest
County
Aurora-Central Southeast
Arapahoe Co-SouthArapahoe Co-South
Aurora-South
Aurora-Central Northwest
Arapahoe County Arapahoe County
Glendale Glendale
Littleton
Arapahoe Co-Southeast
Aurora-Central Northeast
Englewood/Sheridan
Littleton
Aurora-Central Northeast
Aurora- Central Southwest
Aurora-South
Aurora- Central Southwest
Arapahoe Co-Southeast
County
Aurora-Central Southeast
IV-10
County Year 1st 2nd 3rd 4th 1st 2nd 3rd 4thTo 1959 Efficiency 3.6 0.0 0.0 1.81960-69 2.2 0.0 0.7 0.0 1 Bed 2.7 2.6 3.4 3.51970-79 0.3 2.8 2.1 3.2 2 Bed, 1 Bath 6.0 2.7 2.0 4.01980-89 5.1 1.8 2.6 3.3 2 Bed, 2 Bath 2.9 2.8 3.4 5.51990-99 2.9 3.5 3.9 5.8 3 Bed 4.9 3.4 3.2 8.22000-04 Other 1.1 3.2 0.0 5.32005 up 5.0 1.0 4.0 4.5 All 3.1 2.7 3.1 4.7To 1959 Efficiency 6.3 0.0 31.3 6.31960-69 1 Bed 4.5 3.6 9.2 3.71970-79 2 Bed, 1 Bath 6.3 6.5 5.6 6.81980-89 2 Bed, 2 Bath 5.9 8.2 9.8 6.81990-99 4.7 8.1 6.2 5.7 3 Bed 6.8 4.2 4.0 3.52000-04 6.3 4.1 4.2 4.7 Other 0.0 0.0 100.0 100.02005 up 3.8 1.7 30.5 5.3 All 5.3 5.8 9.4 5.2To 1959 0.0 Efficiency 0.0 0.0 0.0 2.41960-69 1 Bed 3.2 4.3 4.9 2.51970-79 2.0 3.8 3.5 2.8 2 Bed, 1 Bath 2.7 4.6 2.2 2.71980-89 5.5 9.1 6.7 1.8 2 Bed, 2 Bath 4.3 5.7 4.4 1.61990-99 2.4 2.9 1.0 3 Bed 1.0 2.0 0.0 0.02000-04 Other2005 up 3.1 All 3.2 4.4 3.7 2.4To 1959 0.0 1.0 0.0 0.0 Efficiency 0.0 8.7 2.9 2.61960-69 6.8 5.8 4.2 5.5 1 Bed 5.1 4.2 3.7 10.41970-79 4.6 5.8 4.4 23.0 2 Bed, 1 Bath 4.1 3.6 5.1 15.31980-89 5.7 4.2 4.8 3.4 2 Bed, 2 Bath 4.2 4.0 4.3 4.71990-99 3.7 2.4 3.2 5.4 3 Bed 3.5 4.1 3.6 7.82000-04 4.4 0.0 3.6 4.6 Other 0.0 0.0 3.32005 up 2.5 5.3 4.7 1.3 All 4.5 4.1 4.0 8.5To 1959 Efficiency 0.01960-69 1 Bed 3.5 2.9 3.1 3.71970-79 0.0 2 Bed, 1 Bath 4.9 4.1 3.8 4.51980-89 3.6 3.7 3.5 4.0 2 Bed, 2 Bath 3.1 4.1 3.6 3.61990-99 3 Bed 2.6 1.1 1.6 5.12000-04 3.8 3.0 3.4 3.4 Other 7.1 3.6 0.0 3.62005 up 4.4 2.9 1.2 3.8 All 3.5 3.4 3.3 3.8To 1959 4.0 3.5 2.0 1.0 Efficiency 2.3 2.0 6.1 4.41960-69 1 Bed 3.9 4.7 4.5 3.61970-79 4.2 4.6 4.9 5.3 2 Bed, 1 Bath 3.6 3.2 3.0 4.11980-89 3.4 4.4 2.6 2.9 2 Bed, 2 Bath 3.7 4.1 3.3 4.71990-99 2.9 3.6 11.9 9.2 3 Bed 1.9 1.1 8.5 4.32000-04 2.3 3.7 Other 0.02005 up 7.0 4.6 1.2 5.2 All 3.7 4.2 4.0 4.0To 1959 Efficiency 5.4 4.0 5.2 0.01960-69 1 Bed 5.7 6.0 4.9 4.31970-79 12.3 8.1 9.3 9.7 2 Bed, 1 Bath 5.9 6.6 4.3 4.81980-89 2.3 4.1 3.8 2.8 2 Bed, 2 Bath 5.1 5.8 4.3 4.61990-99 6.5 8.6 6.7 5.6 3 Bed 7.0 6.8 4.2 7.32000-04 2.9 2.5 3.3 1.7 Other 3.9 6.9 2.0 3.92005 up 11.6 16.3 1.7 6.6 All 5.5 6.0 4.6 4.5To 1959 0.0 Efficiency 0.0 0.0 0.0 0.01960-69 3.9 1.3 0.0 5.8 1 Bed 3.3 4.0 2.7 3.11970-79 3.4 2.0 1.9 2.5 2 Bed, 1 Bath 3.8 1.4 3.4 3.91980-89 3.3 5.8 5.4 5.2 2 Bed, 2 Bath 5.2 6.6 5.7 4.11990-99 3 Bed 2.2 7.7 3.8 4.82000-04 7.8 6.2 4.6 1.1 Other2005 up 1.9 2.5 1.3 1.6 All 3.9 4.3 3.6 3.5To 1959 Efficiency 3.8 3.5 3.0 6.61960-69 3.5 5.0 3.1 6.5 1 Bed 6.8 6.8 5.8 5.11970-79 8.8 8.1 6.9 7.2 2 Bed, 1 Bath 7.5 6.8 5.5 8.21980-89 7.0 4.3 7.8 2.6 2 Bed, 2 Bath 6.4 2.6 2.2 8.91990-99 6.5 1.2 0.6 6.0 3 Bed 5.4 0.0 1.9 30.42000-04 1.7 Other 6.72005 up All 6.7 5.7 4.9 6.6To 1959 Efficiency 0.0 1.5 0.0 5.31960-69 2.0 0.0 4.5 2.5 1 Bed 2.8 2.3 5.1 2.91970-79 1.5 2.3 0.6 1.8 2 Bed, 1 Bath 1.6 2.8 9.7 5.51980-89 2.4 2.4 8.5 4.5 2 Bed, 2 Bath 4.9 5.3 6.2 4.31990-99 5.5 6.5 5.3 4.2 3 Bed 7.8 5.9 8.4 5.92000-04 Other 0.0 0.02005 up 2.9 2.3 4.0 3.4 All 3.5 3.3 6.1 3.8To 1959 2.7 2.7 2.0 0.9 Efficiency 3.2 3.1 5.4 3.21960-69 4.6 4.6 3.1 5.4 1 Bed 4.5 4.5 4.7 4.71970-79 5.5 5.5 4.9 8.4 2 Bed, 1 Bath 4.7 4.5 4.2 5.61980-89 3.5 4.1 4.1 3.4 2 Bed, 2 Bath 4.4 5.0 4.7 4.81990-99 4.6 5.4 5.2 5.6 3 Bed 4.4 4.2 3.9 6.82000-04 4.4 3.1 3.7 3.0 Other 2.8 4.3 1.3 4.72005 up 5.5 5.5 6.0 5.0 All 4.5 4.6 4.6 4.9
by Market Area for Arapahoe County
County
(In Percent)
2014
Engl
ewoo
d/
Sher
idan
Arap
ahoe
Co-
Sout
heas
tAu
rora
-Cen
tral
Sout
heas
tAu
rora
-Cen
tral
Nor
thea
stAu
rora
-Cen
tral
Nor
thw
est
Arap
ahoe
Co-
Sout
h
Arap
ahoe
Co-
Sout
heas
t
Apartment Type
2014
Littl
eton
Littl
eton
Auro
ra- C
entra
l So
uthw
est
Auro
ra-S
outh
Arap
ahoe
Co-
Sout
hAu
rora
-Cen
tral
Nor
thw
est
Engl
ewoo
d/
Sher
idan
Vacancy Rates by Apartment Type
(In Percent)
by Market Area for Arapahoe CountyVacancy Rates by Age of Building
Arap
ahoe
Cou
nty
Arap
ahoe
Cou
nty
Gle
ndal
eAu
rora
-Cen
tral
Sout
heas
tAu
rora
- Cen
tral
Sout
hwes
tAu
rora
-Sou
thAu
rora
-Cen
tral
Nor
thea
st
Gle
ndal
e
IV-11
County 1st 2nd 3rd 4th County Year Built 1st 2nd 3rd 4thArapahoe Co-South Arapahoe Co-South To 1959Efficiency 1063.93 1038.93 1060.35 1157.36 1960-69 708.82 685.29 714.71 735.291 Bed 1099.59 1117.12 1106.81 1173.95 1970-79 1076.22 1237.58 1188.84 1266.212 Bed, 1 Bath 1115.95 1208.51 1300.28 1243.44 1980-89 1156.54 1272.01 1292.63 1306.432 Bed, 2 Bath 1331.13 1564.22 1463.03 1488.73 1990-99 1318.83 1384.00 1423.25 1406.663 Bed 1679.87 1420.55 1681.11 1700.35 2000-04All 1245.52 1333.53 1336.81 1347.39 2005 up 1627.79 1641.61 1755.38 1514.95Arapahoe Co-Southeast Arapahoe Co-Southeast To 1959Efficiency 1115.00 1020.00 1131.67 1095.00 1960-691 Bed 1170.22 1187.45 1233.96 1179.20 1970-792 Bed, 1 Bath 1344.10 1428.20 1452.48 1449.37 1980-892 Bed, 2 Bath 1495.01 1537.07 1548.24 1484.50 1990-99 1394.51 1430.71 1462.22 1388.833 Bed 1772.72 1797.97 1688.14 1697.58 2000-04 1311.79 1266.65 1313.92 1274.29All 1337.31 1377.53 1398.62 1350.70 2005 up 1265.27 1387.98 1391.53 1398.90Aurora-Central Northeast Aurora-Central Northeast To 1959 1486.95Efficiency 547.84 572.62 572.62 687.99 1960-691 Bed 773.47 765.61 724.92 786.12 1970-79 765.40 827.52 791.65 791.012 Bed, 1 Bath 895.03 895.95 866.41 857.69 1980-89 992.22 1169.19 1196.18 1212.642 Bed, 2 Bath 1114.46 1152.85 1128.59 1152.37 1990-99 950.96 967.31 938.963 Bed 1383.82 1295.00 1312.50 2855.00 2000-04All 899.92 864.86 851.77 865.70 2005 up 1195.04Aurora-Central Northwest Aurora-Central Northwest To 1959 834.91 811.90 450.00 450.00Efficiency 687.09 694.20 802.00 787.24 1960-69 847.49 851.90 917.88 1061.741 Bed 881.62 908.64 988.99 995.14 1970-79 697.03 761.27 805.09 874.062 Bed, 1 Bath 945.10 973.12 1155.80 1123.30 1980-89 908.08 1052.88 1104.97 1086.282 Bed, 2 Bath 1203.12 1236.99 1299.66 1388.58 1990-99 1276.72 1288.51 1372.02 1432.203 Bed 1407.78 1287.46 1345.93 1530.93 2000-04 1050.61 1243.33 1069.53 1235.65All 1033.68 1049.21 1140.45 1169.83 2005 up 1471.06 1332.93 1414.93 1622.13Aurora-Central Southeast Aurora-Central Southeast To 1959Efficiency 680.00 1960-691 Bed 806.47 827.62 852.88 893.76 1970-79 756.532 Bed, 1 Bath 889.97 869.11 908.54 1055.24 1980-89 834.54 848.28 868.07 962.762 Bed, 2 Bath 1039.82 1062.45 1116.42 1181.60 1990-993 Bed 1428.33 1449.49 1473.74 1624.24 2000-04 1146.60 1162.34 1274.49 1230.11All 928.21 952.33 990.55 1058.28 2005 up 1081.62 1180.15 1149.26 1180.15Aurora- Central Southwest Aurora- Central Southwest To 1959 753.55 775.97 768.15 796.58Efficiency 584.76 609.18 636.73 676.14 1960-691 Bed 801.74 823.82 852.23 879.25 1970-79 700.25 728.69 745.25 783.622 Bed, 1 Bath 886.16 938.03 956.74 1001.66 1980-89 891.11 900.07 983.75 992.472 Bed, 2 Bath 1065.32 1139.89 1179.44 1168.40 1990-99 1122.50 1205.18 1276.41 1177.523 Bed 1107.10 1693.70 1701.30 1719.17 2000-04 1241.37 1300.48All 912.39 960.07 975.72 993.19 2005 up 1460.40 1463.30 1541.06 1541.54Aurora-South Aurora-South To 1959Efficiency 697.80 605.92 750.13 810.64 1960-691 Bed 866.44 919.53 949.50 981.31 1970-79 778.18 808.64 845.60 938.522 Bed, 1 Bath 966.22 983.97 1064.74 1087.57 1980-89 922.04 979.75 1012.51 1016.562 Bed, 2 Bath 1154.88 1209.08 1282.51 1266.89 1990-99 1116.92 1192.54 1236.26 1316.733 Bed 1511.19 1582.65 1673.62 1687.15 2000-04 1128.12 1186.24 1186.41 1202.37All 1013.81 1065.11 1109.39 1128.65 2005 up 1246.86 1321.12 1357.41 1377.10Englewood/Sheridan Englewood/Sheridan To 1959 689.17Efficiency 620.00 616.88 575.25 633.17 1960-69 498.53 673.10 741.09 798.881 Bed 885.26 919.26 982.67 984.76 1970-79 802.24 830.76 836.41 791.942 Bed, 1 Bath 1038.16 1126.84 1116.70 1118.78 1980-89 1087.63 1165.21 1224.30 1177.312 Bed, 2 Bath 1294.88 1307.83 1406.97 1388.60 1990-993 Bed 1549.22 1634.62 1522.58 1666.98 2000-04 1211.79 1221.51 1264.50 1250.16All 1032.22 1065.51 1117.07 1119.02 2005 up 1135.19 1175.76 1440.06 1352.26Glendale Glendale To 1959Efficiency 686.48 721.21 764.78 786.87 1960-69 822.91 870.26 897.60 911.661 Bed 864.76 903.75 913.56 927.78 1970-79 852.53 868.49 943.33 964.422 Bed, 1 Bath 923.77 960.15 1025.32 1013.26 1980-89 784.33 812.55 875.30 901.872 Bed, 2 Bath 1271.61 1515.92 1275.87 1263.38 1990-99 1269.29 1466.44 1480.79 1283.313 Bed 1854.62 2074.95 1679.29 1384.61 2000-04 2044.64All 950.27 1044.84 998.86 997.33 2005 upLittleton Littleton To 1959Efficiency 709.33 764.78 880.89 750.20 1960-69 661.20 656.36 742.90 719.381 Bed 1020.43 964.37 1084.15 1050.60 1970-79 812.11 813.18 809.87 878.532 Bed, 1 Bath 1091.04 1101.40 1191.89 1091.70 1980-89 1048.64 1125.09 1271.07 1113.002 Bed, 2 Bath 1384.57 1287.05 1407.28 1326.90 1990-99 1367.41 1179.28 1298.48 1254.403 Bed 1759.82 1573.06 2021.39 1771.47 2000-04All 1161.75 1088.54 1241.51 1158.28 2005 up 1317.70 1313.65 1334.58 1334.58Arapahoe County Arapahoe County To 1959 778.10 787.70 766.55 860.90Efficiency 702.83 696.00 799.91 802.01 1960-69 806.54 832.42 871.51 948.141 Bed 891.19 918.57 960.11 975.63 1970-79 777.77 816.87 858.82 877.172 Bed, 1 Bath 954.51 993.87 1045.22 1065.40 1980-89 921.06 975.89 1035.39 1035.742 Bed, 2 Bath 1199.19 1265.02 1308.75 1305.64 1990-99 1245.98 1303.08 1352.23 1342.043 Bed 1452.84 1562.96 1619.44 1656.59 2000-04 1184.68 1253.16 1241.62 1233.66All 1026.03 1067.01 1112.87 1120.14 2005 up 1291.55 1339.75 1388.66 1388.11
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. Average rent minus rental losses equals effective rent.Average rents do not reflect "rental losses" from discounts and concessions.
2014
Rents are based on units being unfurnished with tenants paying gas and electricity.
2014
Average Rents by Age of Buildingby Market Area for Arapahoe County
(In Dollars)(In Dollars)by Market Area for Arapahoe CountyAverage Rents by Apartment Type
IV-12
1st 2nd 3rd 4th County 1st 2nd 3rd 4thArapahoe Co-South Arapahoe Co-SouthUp to 8 Efficiency 1044.67 994.67 994.33 1181.339 to 50 851.67 866.25 866.25 1 Bed 1081.42 1114.89 1134.02 1192.5051 to 99 2 Bed, 1 Bath 1113.00 1214.50 1238.00 1282.35100 to 199 1028.84 1068.93 1106.08 1150.38 2 Bed, 2 Bath 1319.62 1477.50 1457.83 1433.93200 to 349 1322.27 1471.31 1409.34 1430.70 3 Bed 1592.50 1523.67 1781.31 1636.36350 and up 1209.40 1189.25 1285.95 1308.60 All 1162.52 1328.08 1283.04 1361.02Arapahoe Co-Southeast Arapahoe Co-SoutheastUp to 8 Efficiency 1113.00 1013.00 1119.00 1088.009 to 50 1 Bed 1098.86 1190.50 1237.79 1161.2051 to 99 2 Bed, 1 Bath 1314.57 1369.43 1462.59 1379.20100 to 199 1218.29 1143.21 1115.64 2 Bed, 2 Bath 1430.00 1537.36 1605.80 1554.04200 to 349 1295.96 1392.30 1408.33 1369.42 3 Bed 1718.40 1884.73 1712.00 1696.00350 and up 1465.36 1364.31 1443.86 1333.35 All 1361.27 1308.29 1360.66 1311.87Aurora-Central Northeast Aurora-Central NortheastUp to 8 Efficiency 498.36 498.36 498.36 702.649 to 50 1486.95 1 Bed 768.45 745.28 723.50 738.8951 to 99 2 Bed, 1 Bath 916.10 897.80 877.74 851.49100 to 199 808.91 843.88 857.02 1000.63 2 Bed, 2 Bath 1044.51 1232.28 1067.94 1047.53200 to 349 1092.68 960.00 983.33 938.96 3 Bed 1318.00 1288.00 1313.00 2013.50350 and up 854.93 852.58 794.66 789.47 All 847.77 875.72 834.00 830.32Aurora-Central Northwest Aurora-Central NorthwestUp to 8 913.67 450.00 450.00 Efficiency 624.33 667.00 699.33 697.339 to 50 1110.33 639.06 1084.74 1 Bed 832.79 861.60 1036.15 910.0051 to 99 1005.22 909.35 1390.00 2 Bed, 1 Bath 847.85 895.33 1140.25 1084.25100 to199 967.96 1019.64 1017.64 1031.35 2 Bed, 2 Bath 1373.47 1310.20 1284.57 1293.37200 to 349 1000.96 971.62 1015.36 1062.58 3 Bed 1334.47 1169.89 1172.45 1537.36350 and up 1057.14 1096.97 1228.99 1242.10 All 1024.27 1111.42 1180.01 1165.26Aurora-Central Southeast Aurora-Central SoutheastUp to 8 1052.50 Efficiency 688.009 to 50 1 Bed 786.53 787.60 816.38 883.4151 to 99 2 Bed, 1 Bath 837.91 818.23 837.61 1081.68100 to199 843.49 855.53 903.44 936.49 2 Bed, 2 Bath 944.94 1054.81 1029.81 1229.65200 to 349 1020.53 1109.61 1172.68 1148.51 3 Bed 1414.15 1420.77 1470.77 1647.00350 and up 873.96 898.59 921.71 1030.09 All 903.88 911.10 959.58 998.56Aurora- Central Southwest Aurora- Central SouthwestUp to 8 Efficiency 598.67 611.93 636.93 678.819 to 50 1 Bed 771.78 792.61 826.43 844.0651 to 99 2 Bed, 1 Bath 866.92 898.21 895.70 1007.23100 to199 749.01 757.13 783.04 846.88 2 Bed, 2 Bath 1002.05 1088.00 1118.95 1177.62200 to 349 915.24 994.23 993.79 997.77 3 Bed 954.30 1757.33 1637.50 1637.50350 and up 944.26 1000.87 1039.71 1042.62 All 865.17 895.34 913.90 957.03Aurora-South Aurora-SouthUp to 8 Efficiency 655.33 523.44 674.56 772.789 to 50 1 Bed 856.05 937.73 941.66 952.1851 to 99 1378.23 1359.00 1570.00 1407.40 2 Bed, 1 Bath 970.60 1011.67 1085.19 1097.00100 to199 1096.00 1100.00 1150.00 1248.50 2 Bed, 2 Bath 1171.60 1218.48 1249.51 1247.59200 to 349 1045.79 1106.93 1145.28 1162.59 3 Bed 1544.55 1589.33 1693.45 1658.00350 and up 1001.18 1051.50 1094.44 1115.51 All 981.77 1027.56 1088.93 1097.00Englewood/Sheridan Englewood/SheridanUp to 8 689.17 Efficiency 613.00 634.00 584.00 625.009 to 50 638.05 696.20 746.41 762.57 1 Bed 924.79 994.93 1016.07 1051.1051 to 99 852.73 904.13 1057.39 2 Bed, 1 Bath 1109.62 1074.88 1173.35 1152.18100 to199 708.47 729.13 714.48 735.13 2 Bed, 2 Bath 1407.92 1384.10 1488.46 1413.84200 to 349 1038.18 1100.72 1198.11 1176.92 3 Bed 1779.23 1600.00 1350.00 1905.62350 and up 1185.62 1230.92 1288.53 1260.38 All 997.90 1046.13 1099.96 1138.26Glendale GlendaleUp to 8 Efficiency 646.38 672.35 721.23 744.009 to 50 768.14 786.51 1 Bed 826.65 798.58 847.16 893.7051 to 99 885.38 901.21 958.06 978.32 2 Bed, 1 Bath 928.36 943.72 1016.88 1029.32100 to199 942.30 819.90 870.38 1013.06 2 Bed, 2 Bath 1217.63 1578.40 1208.11 1172.39200 to 349 1085.37 1315.97 1131.39 1041.49 3 Bed 1886.13 1788.75 1855.50 1290.53350 and up 797.75 818.25 887.04 915.43 All 881.92 883.65 919.93 924.19Littleton LittletonUp to 8 672.80 685.18 707.74 663.57 Efficiency 550.00 574.52 700.00 726.759 to 50 822.12 708.90 782.38 775.97 1 Bed 1077.95 1001.59 1115.76 1017.7151 to 99 875.29 942.53 2 Bed, 1 Bath 1173.91 1146.17 1305.67 1142.17100 to199 827.69 811.76 1413.81 2 Bed, 2 Bath 1442.28 1243.55 1365.70 1257.78200 to 349 1080.70 1037.01 1218.75 1146.74 3 Bed 1698.67 1727.33 2002.12 1773.67350 and up 1336.77 1234.87 1322.82 1254.34 All 1183.35 1091.63 1253.29 1133.72Arapahoe County Arapahoe CountyUp to 8 714.67 685.18 700.37 649.33 Efficiency 636.52 665.32 716.43 756.899 to 50 748.48 720.31 757.28 836.42 1 Bed 849.95 895.36 935.69 943.4551 to 99 999.18 928.84 994.04 1085.48 2 Bed, 1 Bath 927.53 919.34 1017.31 1057.39100 to 199 882.78 888.61 954.68 984.26 2 Bed, 2 Bath 1191.28 1240.82 1283.86 1260.63200 to 349 1089.26 1179.36 1196.29 1177.53 3 Bed 1422.53 1509.33 1614.31 1636.86350 and up 1015.629 1045.021 1097.446 1116.984 All 974.17 1017.00 1082.34 1089.86
Median Rents by Apartment Type by Market Area
(In Dollars)
for Arapahoe CountyAverage Rents by Size of Building by Market Area
for Arapahoe County
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
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.
(In Dollars)
2014 2014
IV-13
County County
Apartment Type 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thArapahoe Co-South Arapahoe Co-SouthEfficiency 1.77 1.73 1.76 1.941 Bed 1.42 1.43 1.45 1.53 499 below2 Bed, 1 Bath 1.28 1.39 1.49 1.43 500 to 749 1.46 1.42 1.48 1.572 Bed, 2 Bath 1.23 1.45 1.38 1.37 750 to 999 1.37 1.44 1.48 1.523 Bed 1.14 0.92 1.23 1.15 1000 above 1.21 1.38 1.34 1.33All 1.32 1.41 1.42 1.44Arapahoe Co-Southeast Arapahoe Co-SoutheastEfficiency 2.04 1.87 2.02 2.011 Bed 1.40 1.47 1.56 1.46 499 below2 Bed, 1 Bath 1.32 1.39 1.40 1.41 500 to 749 1.44 1.61 1.71 1.582 Bed, 2 Bath 1.24 1.31 1.34 1.27 750 to 999 1.40 1.41 1.49 1.413 Bed 1.24 1.37 1.32 1.29 1000 above 1.24 1.32 1.34 1.28All 1.33 1.40 1.45 1.37Aurora-Central Northeast Aurora-Central NortheastEfficiency 1.27 1.32 1.32 1.601 Bed 1.15 1.19 1.12 1.21 499 below 1.27 1.32 1.32 1.602 Bed, 1 Bath 1.09 1.11 1.05 1.05 500 to 749 1.11 1.17 1.10 1.192 Bed, 2 Bath 1.14 1.24 1.21 1.20 750 to 999 1.14 1.16 1.12 1.133 Bed 1.04 1.03 1.63 1000 above 1.12 0.69 1.03 1.69All 1.13 1.17 1.11 1.17Aurora-Central Northwest Aurora-Central NorthwestEfficiency 1.29 1.41 1.51 1.491 Bed 1.26 1.33 1.36 1.45 499 below 1.38 1.57 1.49 1.692 Bed, 1 Bath 1.18 1.22 1.26 1.32 500 to 749 1.17 1.23 1.28 1.352 Bed, 2 Bath 1.06 1.13 1.20 1.27 750 to 999 1.24 1.33 1.40 1.423 Bed 1.03 0.97 1.00 1.13 1000 above 1.06 1.07 1.14 1.24All 1.16 1.23 1.27 1.36Aurora-Central Southeast Aurora-Central SoutheastEfficiency 1.591 Bed 1.17 1.18 1.22 1.27 499 below 1.592 Bed, 1 Bath 1.02 1.00 1.04 1.21 500 to 749 1.18 1.18 1.22 1.292 Bed, 2 Bath 1.05 1.08 1.13 1.19 750 to 999 1.05 1.09 1.11 1.193 Bed 1.11 1.12 1.14 1.27 1000 above 1.07 1.08 1.15 1.23All 1.11 1.12 1.16 1.23Aurora- Central Southwest Aurora- Central SouthwestEfficiency 1.55 1.44 1.51 1.651 Bed 1.17 1.21 1.26 1.30 499 below 1.55 1.44 1.51 1.652 Bed, 1 Bath 1.03 1.10 1.12 1.15 500 to 749 1.14 1.20 1.24 1.302 Bed, 2 Bath 1.09 1.14 1.19 1.21 750 to 999 1.09 1.13 1.20 1.223 Bed 0.96 1.32 1.21 1.22 1000 above 1.09 1.20 1.18 1.17All 1.12 1.17 1.22 1.25Aurora-South Aurora-SouthEfficiency 1.55 1.37 1.69 1.861 Bed 1.25 1.31 1.33 1.39 499 below 1.66 1.51 1.75 2.072 Bed, 1 Bath 1.10 1.12 1.19 1.25 500 to 749 1.28 1.33 1.38 1.432 Bed, 2 Bath 1.11 1.15 1.19 1.21 750 to 999 1.11 1.16 1.24 1.273 Bed 1.22 1.27 1.34 1.35 1000 above 1.15 1.19 1.21 1.22All 1.19 1.23 1.28 1.31Englewood/Sheridan Englewood/SheridanEfficiency 1.33 1.39 1.30 1.361 Bed 1.19 1.26 1.37 1.34 499 below 1.14 1.39 1.56 1.622 Bed, 1 Bath 1.14 1.22 1.20 1.21 500 to 749 1.18 1.24 1.30 1.302 Bed, 2 Bath 1.22 1.23 1.33 1.31 750 to 999 1.20 1.29 1.38 1.353 Bed 1.16 1.16 1.09 1.16 1000 above 1.19 1.18 1.26 1.23All 1.19 1.25 1.33 1.31Glendale GlendaleEfficiency 1.44 1.51 1.64 1.681 Bed 1.32 1.34 1.41 1.44 499 below 1.48 1.54 1.64 1.692 Bed, 1 Bath 1.07 1.11 1.17 1.16 500 to 749 1.32 1.31 1.40 1.472 Bed, 2 Bath 1.31 1.31 1.26 1.31 750 to 999 1.22 1.21 1.28 1.273 Bed 1.46 1.39 1.32 1.03 1000 above 1.22 1.35 1.27 1.15All 1.28 1.29 1.35 1.38Littleton LittletonEfficiency 1.50 1.65 1.59 1.521 Bed 1.32 1.30 1.45 1.44 499 below 1.35 1.35 1.51 1.442 Bed, 1 Bath 1.28 1.29 1.38 1.25 500 to 749 1.27 1.39 1.47 1.412 Bed, 2 Bath 1.10 0.99 1.17 1.20 750 to 999 1.45 1.30 1.47 1.413 Bed 1.17 1.03 1.31 1.33 1000 above 1.09 0.97 1.13 1.19All 1.25 1.22 1.35 1.35Arapahoe County Arapahoe CountyEfficiency 1.53 1.47 1.65 1.731 Bed 1.25 1.30 1.35 1.38 499 below 1.46 1.52 1.61 1.732 Bed, 1 Bath 1.10 1.15 1.18 1.21 500 to 749 1.23 1.28 1.33 1.372 Bed, 2 Bath 1.13 1.18 1.23 1.24 750 to 999 1.18 1.22 1.29 1.303 Bed 1.12 1.19 1.23 1.26 1000 above 1.14 1.19 1.22 1.24All 1.19 1.24 1.29 1.31
Unit Size by Market Area for Arapahoe County
20142014
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 Rent Per Square Foot by Apartmentby Market Area for Araphaoe County
Average Rent per Square Foot by Apartment Type
(In Dollars)(In Dollars)
IV-14
Building
Building Type 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 0.9 3.3 28.3 7.3 Up to 8 2.7 3.3 31.2 7.39 - 50 3.2 7.2 10.2 7.9 9 - 50 6.4 9.3 12.5 11.251 - 99 5.7 8.1 12.3 22.1 51 - 99 8.6 13.3 16.9 26.5100 - 199 2.8 6.2 9.1 11.6 100 - 199 7.4 10.5 13.3 14.7200 to 349 5.5 12.2 11.4 7.1 200 to 349 9.5 16.3 16.2 11.7350 up 7.1 7.9 9.9 9.4 350 up 11.9 13.0 14.5 14.9 Age Age (year built)To 1959 -2.7 -0.2 -2.0 10.1 To 1959 0.0 2.5 0.0 11.01960-69 -4.0 4.9 5.5 10.3 1960-69 0.7 9.5 8.6 15.71970-79 2.8 7.3 9.0 10.1 1970-79 8.3 12.7 14.0 18.51980-89 6.3 11.6 9.8 9.0 1980-89 9.8 15.7 13.9 12.41990-00 7.0 8.2 10.1 5.3 1990-00 11.6 13.6 15.3 10.82000-04 9.5 12.4 10.8 10.8 2000-04 13.9 15.5 14.5 13.92005 up 1.8 8.4 16.8 10.6 2005 up 7.3 13.9 22.7 15.6
Market Area Market AreaArapahoe Co-South 4.2 8.5 13.2 7.4 Arapahoe Co-South 7.2 11.2 16.3 12.1Arapahoe Co-Southeast 5.3 9.9 9.2 4.0 Arapahoe Co-Southeast 10.5 15.7 18.6 9.2Aurora-Central Northeast 11.7 15.3 8.6 9.9 Aurora-Central Northeast 14.9 19.7 12.3 12.3Aurora-Central Northwest 8.3 8.5 10.9 17.7 Aurora-Central Northwest 12.9 12.6 14.9 26.3Aurora-Central Southeast 6.7 7.0 7.0 9.2 Aurora-Central Southeast 10.3 10.4 10.3 13.0Aurora- Central Southwest 3.8 9.2 11.5 10.3 Aurora- Central Southwest 7.5 13.4 15.5 14.3Aurora-South 9.2 12.5 11.3 9.6 Aurora-South 14.7 18.5 15.8 14.1Englewood/Sheridan 3.9 7.5 10.7 6.5 Englewood/Sheridan 7.8 11.8 14.3 10.0Glendale -1.4 5.5 8.1 5.4 Glendale 5.3 11.2 13.0 12.0Littleton 3.6 9.3 7.1 10.6 Littleton 7.1 12.6 13.2 14.4
Average 6.0 9.4 10.5 8.9 Average 10.4 14.1 15.1 13.7
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
2014
(In Percent)
Average Rent Minus Rental Losses Equals Effective Rent
Includes Concessions and Discounts
2014
IV-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsArapahoe Co-South 1157.36 1173.95 1243.44 1488.73 1700.35 1449.57 1347.39Arapahoe Co-Southeast 1095.00 1179.20 1449.37 1484.50 1697.58 2134.00 1350.70Aurora-Central Northeast 687.99 786.12 857.69 1152.37 2855.00 865.70Aurora-Central Northwest 787.24 995.14 1123.30 1388.58 1530.93 1420.00 1169.83Aurora-Central Southeast 893.76 1055.24 1181.60 1624.24 1792.14 1058.28Aurora- Central Southwest 676.14 879.25 1001.66 1168.40 1719.17 993.19Aurora-South 810.64 981.31 1087.57 1266.89 1687.15 1397.06 1128.65Englewood/Sheridan 633.17 984.76 1118.78 1388.60 1666.98 1119.02Glendale 786.87 927.78 1013.26 1263.38 1384.61 997.33Littleton 750.20 1050.60 1091.70 1326.90 1771.47 1158.28Arapahoe County Average 802.01 975.63 1065.40 1305.64 1656.59 1465.39 1120.14
Buildings with up to 6 UnitsArapahoe Co-SouthArapahoe Co-SoutheastAurora-Central NortheastAurora-Central Northwest 450.00 450.00Aurora-Central SoutheastAurora- Central SouthwestAurora-SouthEnglewood/SheridanGlendaleLittleton 635.00 748.75 710.83Arapahoe County Average 614.58 806.43 864.07 1046.50 1185.67 869.98
Buildings with 7 to 36 UnitsArapahoe Co-South 803.33 929.17 866.25Arapahoe Co-SoutheastAurora-Central Northeast 1342.61 2102.00 2855.00 1486.95Aurora-Central Northwest 844.00 883.00 1103.60 1173.82 1084.74Aurora-Central SoutheastAurora- Central SouthwestAurora-SouthEnglewood/Sheridan 725.29 815.00 730.28GlendaleLittleton 614.58 738.03 793.68 1050.00 765.78Arapahoe County Average 805.31 977.03 1067.62 1306.43 1663.50 1465.39 1121.92
Buildings with 37 and Above UnitsArapahoe Co-South 1157.36 1173.95 1243.44 1492.90 1740.24 1449.57 1349.83Arapahoe Co-Southeast 1095.00 1179.20 1449.37 1484.50 1697.58 2134.00 1350.70Aurora-Central Northeast 687.99 772.67 852.59 1152.37 857.11Aurora-Central Northwest 787.24 995.42 1126.74 1392.60 1554.32 1420.00 1170.73Aurora-Central Southeast 893.76 1055.24 1181.60 1624.24 1792.14 1058.28Aurora- Central Southwest 676.14 879.25 1001.66 1168.40 1719.17 993.19Aurora-South 810.64 981.31 1087.57 1266.89 1687.15 1397.06 1128.65Englewood/Sheridan 633.17 997.34 1121.57 1388.60 1666.98 1130.02Glendale 786.87 927.78 1013.26 1263.38 1384.61 997.33Littleton 776.03 1070.84 1162.72 1330.30 1771.47 1182.47Arapahoe County Average 838.17 977.03 1068.52 1259.63 1796.23 1395.00 1072.29
Buildings with 5 Stories and AboveArapahoe Co-South 1104.00 1395.00 1900.00 3100.00 1395.00 1514.95Arapahoe Co-SoutheastAurora-Central Northeast 1342.61 2102.00 2855.00 1486.95Aurora-Central NorthwestAurora-Central SoutheastAurora- Central Southwest 1351.00 1700.00 2083.00 1541.54Aurora-South 687.50 944.75 1074.00 1158.19 1035.36Englewood/SheridanGlendale 867.90 902.87 1052.48 1114.95 1300.00 962.27Littleton 600.00 875.00 1005.00 888.61Arapahoe County Average 573.33 748.75 673.57
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 923.96 1025.28 1147.23 1320.19 1671.24 1179.32 752.19 909.71 971.08 1275.14 1606.07 1029.42 149.90
Patio or Balcony 838.46 1002.76 1097.40 1307.64 1660.11 1148.35 689.87 774.39 880.53 1170.46 929.17 815.97 332.38
Fireplace 846.08 1002.00 1099.74 1304.68 1660.30 1147.84 718.82 896.36 959.70 1311.78 1641.52 1015.95 131.89
Nine-Foot Ceilings 893.83 1092.56 1158.21 1405.70 1710.59 1249.73 787.42 862.32 1003.84 1155.87 1527.26 979.81 269.92
Swimming Pool 810.88 982.99 1082.08 1306.60 1664.12 1128.44 680.05 781.91 843.53 1226.43 1361.52 877.19 251.25
Spa or Sauna 849.18 1056.88 1206.76 1384.14 1726.94 1212.91 722.97 863.27 964.31 1175.42 1533.02 992.19 220.72
Exercise Room 805.21 1012.50 1134.36 1326.96 1685.48 1164.19 793.42 819.74 939.99 1129.17 1314.40 919.96 244.23
Sport Court 803.27 956.19 1069.62 1298.26 1635.16 1108.88 801.36 986.47 1062.75 1310.02 1667.69 1126.57 -17.70
Microwave 881.44 1062.72 1200.74 1364.14 1713.42 1214.37 680.55 845.67 970.02 1165.16 1540.30 968.08 246.29
Washer/Dryer Hookups 786.42 1024.10 1116.43 1308.73 1648.08 1165.95 805.24 902.71 1005.43 1297.62 1672.92 1042.48 123.47
Garbage Disposal 807.30 978.54 1078.95 1307.23 1656.59 1125.23 702.50 853.32 826.34 1190.80 906.59 218.63
Dishwasher 823.66 995.21 1094.89 1305.32 1655.80 1141.21 730.48 801.65 859.00 1323.94 1737.92 862.40 278.81
Air Conditioning 810.88 978.82 1079.28 1307.46 1660.11 1125.73 680.05 847.55 826.35 1178.30 929.17 898.08 227.65
Ceiling Fan 813.00 991.49 1078.56 1324.40 1685.74 1139.76 775.67 936.46 1037.85 1253.42 1580.48 1070.76 69.00
Attached Garage 990.56 1178.56 1352.65 1515.97 1840.12 1365.84 786.08 928.94 1031.86 1231.17 1590.48 1056.30 309.54
Covered Parking 834.88 1003.25 1095.00 1307.51 1655.11 1145.69 753.23 942.85 1037.67 1302.76 1658.41 1087.75 57.94
Clubhouse 865.48 1020.48 1143.72 1328.57 1688.65 1171.32 682.21 836.34 946.70 1182.63 1467.94 949.80 221.51
Business Center 829.34 1033.76 1151.82 1349.30 1689.77 1189.56 750.09 871.61 976.57 1178.86 1499.25 981.51 208.05
Pets Allowed 804.94 982.59 1083.80 1314.35 1658.62 1130.98 776.37 799.15 837.53 955.09 1237.00 843.14 287.83
Resident Pays Sewer/Water 837.87 1001.71 1096.73 1323.64 1687.31 1150.88 662.87 838.48 934.42 1140.27 1342.50 932.37 218.51
Unit Security/Alarm System 1035.00 1051.66 1194.04 1330.39 1738.99 1210.89 793.65 956.52 1040.81 1297.89 1620.85 1096.01 114.88
Handicapped Access 840.57 1023.93 1144.44 1337.15 1713.82 1175.85 746.81 877.74 975.05 1222.02 1468.80 1003.93 171.92
Heat Included in Rent 651.49 854.43 1026.90 1050.98 929.17 894.19 812.96 984.25 1068.06 1308.11 1660.11 1130.68 -236.49
With Feature/Amenity Without Feature/Amenity
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
IV-17
First Second Third Fourth Year-End2011 59795 59795 59961 60415 59795
0 0 454 0 45459795 59795 60415 60415 604156.5% 4.9% 5.5% 6.9% 6.9%
55908 56865 57092 56246 562463887 2930 3323 4169 4169
-96 957 227 -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 60832 61380 60592174 66 548 306 1094
60766 60832 61380 61686 616864.5% 4.6% 4.6% 4.9% 4.9%
58060 58009 58571 58669 586692706 2823 2809 3017 3017594 -52 562 98 1203
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 61380 306 61686
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 Arapahoe County
Estimate of New Apartments by Quarter for Arapahoe 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.
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
IV-18
Building Type 1st 2nd 3rd 4th
SizeUp to 8 2.0 0.0 3.6 0.09 - 50 3.1 4.1 4.9 3.951-99 0.8 5.2 5.8 3.6100 - 199 3.2 5.2 5.4 3.5200 to 349 3.4 5.1 5.4 4.2350 up 3.7 5.0 5.9 4.3
AgeTo 1959 3.0 4.1 1.5 0.01960-69 2.7 4.2 4.0 4.41970-79 3.2 4.5 6.3 4.21980-89 3.6 5.0 5.2 4.31990-99 3.7 5.4 6.0 4.02000-04 3.8 5.2 5.7 3.82005 up 3.4 6.1 5.3 3.8
Market AreaArapahoe Co-South 2.8 5.4 6.1 3.8Arapahoe Co-Southeast 3.8 5.1 4.8 3.5Aurora-Central Northeast 3.5 5.2 13.0 3.4Aurora-Central Northwest 3.1 4.9 6.1 5.4Aurora-Central Southeast 4.2 5.1 5.3 4.7Aurora- Central Southwest 3.3 5.2 4.8 3.6Aurora-South 3.6 4.8 6.0 4.3Englewood/Sheridan 3.8 4.7 4.1 4.0Glendale 4.0 5.6 6.5 4.1Littleton 2.5 5.0 6.4 3.6
County Average 3.5 5.0 5.6 4.1
for Arapahoe CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
Resident turnover is for respective months of February, May, August
(In Percent)
2014
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$501 to $525 1 0.0% 1 0.0%$526 to $550 1 0.0% 2 0.0% 3 0.0%$551 to $575 1 0.0% 2 0.0% 3 0.0%$576 to $600 34 0.0% 16 0.0% 50 0.0%$601 to $625 1 8 12.5% 4 89 4.5% 1 0.0% 5 98 5.1%$626 to $650 2 0.0% 6 195 3.1% 4 0.0% 6 201 3.0%$651 to $675 5 68 7.4% 23 0.0% 5 91 5.5%$676 to $700 1 91 1.1% 1 143 0.7% 5 0.0% 2 239 0.8%$701 to $725 1 60 1.7% 26 881 3.0% 5 0.0% 27 946 2.9%$726 to $750 1 56 1.8% 28 802 3.5% 10 245 4.1% 39 1103 3.5%$751 to $775 108 0.0% 4 356 1.1% 15 0.0% 4 0.0% 4 483 0.8%$776 to $800 7 14 50.0% 175 855 20.5% 1 40 2.5% 183 909 20.1%$801 to $825 72 0.0% 27 741 3.6% 8 0.0% 27 821 3.3%$826 to $850 20 0.0% 30 690 4.3% 6 348 1.7% 1 0.0% 1 0.0% 36 1060 3.4%$851 to $875 92 1767 5.2% 11 381 2.9% 6 0.0% 103 2154 4.8%$876 to $900 69 1113 6.2% 10 323 3.1% 24 0.0% 79 1460 5.4%$901 to $925 17 0.0% 31 1147 2.7% 21 0.0% 337 0.0% 1 0.0% 31 1523 2.0%$926 to $950 56 856 6.5% 13 177 7.3% 1 6 16.7% 4 0.0% 70 1043 6.7%$951 to $975 1 24 4.2% 28 812 3.4% 6 113 5.3% 3 182 1.6% 38 1131 3.4%$976 to $1000 3 22 13.6% 33 882 3.7% 51 146 34.9% 2 235 0.9% 89 1285 6.9%$1001 to 1025 28 925 3.0% 16 328 4.9% 25 563 4.4% 69 1816 3.8%$1026 to 1050 24 0.0% 8 283 2.8% 19 164 11.6% 1 196 0.5% 4 0.0% 28 671 4.2%$1051 to 1075 46 1088 4.2% 14 259 5.4% 2 130 1.5% 2 0.0% 62 1479 4.2%$1076 to 1100 1 16 6.3% 27 485 5.6% 14 313 4.5% 47 887 5.3% 6 0.0% 72 0.0% 89 1779 5.0%$1101 to 1125 1 20 5.0% 7 547 1.3% 9 100 9.0% 10 277 3.6% 1 0.0% 27 945 2.9%$1126 to 1150 21 771 2.7% 15 173 8.7% 4 132 3.0% 40 1076 3.7%$1151 to 1175 33 477 6.9% 3 110 2.7% 45 805 5.6% 81 1392 5.8%$1176 to 1200 36 0.0% 19 358 5.3% 7 134 5.2% 57 1015 5.6% 24 0.0% 83 1567 5.3%$1201 to 1225 4 210 1.9% 13 431 3.0% 7 312 2.2% 12 0.0% 24 965 2.5%$1226 to 1250 16 569 2.8% 4 99 4.0% 78 1205 6.5% 6 0.0% 98 1879 5.2%$1251 to 1275 33 811 4.1% 7 84 8.3% 24 754 3.2% 1 54 1.9% 65 1703 3.8%$1276 to 1300 36 0.0% 10 233 4.3% 9 218 4.1% 6 19 31.6% 25 506 4.9%$1301 to 1325 4 214 1.9% 15 223 6.7% 3 214 1.4% 22 651 3.4%$1326 to 1350 1 37 2.7% 1 40 2.5% 19 561 3.4% 21 638 3.3%$1351 to 1375 17 472 3.6% 4 85 4.7% 19 502 3.8% 40 1059 3.8%$1376 to 1400 8 231 3.5% 3 30 10.0% 20 352 5.7% 1 0.0% 1 40 2.5% 32 654 4.9%$1401 to 1425 16 0.0% 13 413 3.1% 1 30 3.3% 14 459 3.1%$1426 to 1450 23 656 3.5% 8 0.0% 23 664 3.5%$1451 to 1475 2 19 10.5% 8 262 3.1% 10 281 3.6%$1476 to 1400 2 0.0% 4 64 6.3% 12 238 5.0% 3 54 5.6% 4 54 7.4% 23 412 5.6%$1501 to 1525 1 5 20.0% 8 0.0% 1 13 7.7%$1526 to 1550 48 397 12.1% 15 154 9.7% 63 551 11.4%$1551 to 1575 45 402 11.2% 45 402 11.2%$1576 to 1500 1 0.0% 45 746 6.0% 8 144 5.6% 53 891 5.9%$1601 to 1625 14 198 7.1% 5 85 5.9% 19 283 6.7%$1626 to 1650 2 150 1.3% 5 95 5.3% 7 245 2.9%$1651 to 1675 3 126 2.4% 9 136 6.6% 12 262 4.6%$1676 to 1600 16 168 9.5% 1 62 1.6% 17 230 7.4%$1701 to 1725 2 51 3.9% 29 397 7.3% 31 448 6.9%$1726 to 1750 1 100 1.0% 1 100 1.0%$1751 to 1775 27 0.0% 27 0.0%$1776 to 1800 2 7 28.6% 9 59 15.3% 11 66 16.7%$1801 to 1825 10 0.0% 4 9 44.4% 4 19 21.1%$1826 to 1850$1851 to 1875 4 55 7.3% 4 55 7.3%$1876 to 1900 4 46 8.7% 6 64 9.4% 10 110 9.1%$1901 to 1926 5 61 8.2% 5 61 8.2%$1926 to 1950 1 20 5.0% 1 20 5.0%$1951 to 1975 18 0.0% 18 0.0%$1976 to 2000$2000 and up 1 0.0% 4 80 5.0% 5 31 16.1% 9 112 8.0%TOTALS 22 693 3.2% 882 18889 4.7% 270 4792 5.6% 642 13239 4.8% 85 1246 6.8% 12 255 4.7% 1913 39114 4.9%
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$701 to $725 128 0.0% 128 0.0%$726 to $750$751 to $775 4 0.0% 4 0.0%$776 to $800$801 to $825$826 to $850 1 0.0% 1 0.0% 2 0.0%$851 to $875 1 0.0% 1 0.0%$876 to $900 8 0.0% 8 0.0%$901 to $925 1 0.0% 1 0.0%$926 to $950 4 0.0% 4 0.0%$951 to $975 $976 to $1000$1001 to 1025$1026 to 1050$1051 to 1075 4 40 10.0% 4 40 10.0%$1076 to 1100$1101 to 1125 1 20 5.0% 42 0.0% 1 62 1.6%$1126 to 1150 4 72 5.6% 4 72 5.6%$1151 to 1175$1176 to 1200 36 0.0% 13 288 4.5% 1 40 2.5% 14 364 3.8%$1201 to 1225$1226 to 1250$1251 to 1275 118 0.0% 4 176 2.3% 4 294 1.4%$1276 to 1300 5 102 4.9% 5 102 4.9%$1301 to 1325 1 54 1.9% 1 54 1.9%$1326 to 1350$1351 to 1375 9 126 7.1% 9 126 7.1%$1376 to 1400 3 92 3.3% 19 258 7.4% 1 40 2.5% 23 390 5.9%$1401 to 1425$1426 to 1450 5 168 3.0% 5 168 3.0%$1451 to 1475$1476 to 1400 2 48 4.2% 4 54 7.4% 6 102 5.9%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500 3 36 8.3% 3 36 8.3%$1601 to 1625$1626 to 1650 2 44 4.5% 2 44 4.5%$1651 to 1675 3 119 2.5% 3 119 2.5%$1676 to 1600$1701 to 1725 18 170 10.6% 18 170 10.6%$1726 to 1750$1751 to 1775$1776 to 1800 4 24 16.7% 4 24 16.7%$1801 to 1825$1826 to 1850$1851 to 1875$1876 to 1900 4 46 8.7% 4 46 8.7%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 1 12 8.3% 1 12 8.3%TOTALS 1 56 1.8% 34 960 3.5% 6 150 4.0% 55 991 5.5% 10 122 8.2% 5 94 5.3% 111 2373 4.7%
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 5 66 7.6% 5 66 7.6%$1001 to 1025 4 0.0% 4 0.0%$1026 to 1050 8 278 2.9% 8 278 2.9%$1051 to 1075 9 0.0% 9 0.0%$1076 to 1100 1 16 6.3% 15 216 6.9% 16 232 6.9%$1101 to 1125$1126 to 1150 4 125 3.2% 4 125 3.2%$1151 to 1175 2 20 10.0% 2 20 10.0%$1176 to 1200 8 84 9.5% 24 0.0% 8 108 7.4%$1201 to 1225$1226 to 1250 10 351 2.8% 5 69 7.2% 15 420 3.6%$1251 to 1275 2 168 1.2% 2 168 1.2%$1276 to 1300 4 37 10.8% 4 37 10.8%$1301 to 1325 3 160 1.9% 1 16 6.3% 4 176 2.3%$1326 to 1350 1 39 2.6% 1 86 1.2% 2 125 1.6%$1351 to 1375 5 184 2.7% 5 184 2.7%$1376 to 1400 3 30 10.0% 3 30 10.0%$1401 to 1425$1426 to 1450 3 0.0% 3 0.0%$1451 to 1475 2 19 10.5% 8 132 6.1% 10 151 6.6%$1476 to 1400$1501 to 1525 2 0.0% 2 0.0%$1526 to 1550 4 75 5.3% 1 28 3.6% 5 103 4.9%$1551 to 1575 38 328 11.6% 38 328 11.6%$1576 to 1500$1601 to 1625 14 192 7.3% 14 192 7.3%$1626 to 1650 2 0.0% 2 0.0%$1651 to 1675 7 0.0% 7 0.0%$1676 to 1600 2 12 16.7% 24 0.0% 2 36 5.6%$1701 to 1725 2 51 3.9% 6 144 4.2% 8 195 4.1%$1726 to 1750$1751 to 1775$1776 to 1800 2 7 28.6% 2 7 28.6%$1801 to 1825 10 0.0% 10 0.0%$1826 to 1850$1851 to 1875 2 20 10.0% 2 20 10.0%$1876 to 1900$1901 to 1926 1 22 4.5% 1 22 4.5%$1926 to 1950$1951 to 1975 18 0.0% 18 0.0%$1976 to 2000$2000 and up 1 8 12.5% 1 1 100.0% 2 9 22.2%TOTALS 1 16 6.3% 52 1413 3.7% 13 192 6.8% 90 1321 6.8% 5 144 3.5% 1 1 100.0% 162 3087 5.2%
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$501 to $525$526 to $550$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 1 22 4.5% 2 201 1.0% 3 223 1.3%$726 to $750 11 336 3.3% 11 336 3.3%$751 to $775$776 to $800$801 to $825 6 150 4.0% 6 150 4.0%$826 to $850 3 240 1.3% 3 240 1.3%$851 to $875 10 247 4.0% 10 247 4.0%$876 to $900$901 to $925 1 0.0% 1 0.0%$926 to $950$951 to $975 $976 to $1000$1001 to 1025$1026 to 1050 1 136 0.7% 1 136 0.7%$1051 to 1075 58 0.0% 58 0.0%$1076 to 1100 1 0.0% 1 0.0%$1101 to 1125$1126 to 1150$1151 to 1175 1 0.0% 1 0.0%$1176 to 1200$1201 to 1225$1226 to 1250 2 0.0% 2 0.0%$1251 to 1275 1 0.0% 1 0.0%$1276 to 1300 6 0.0% 3 107 2.8% 3 113 2.7%$1301 to 1325$1326 to 1350 1 0.0% 1 0.0% 2 0.0%$1351 to 1375 1 0.0% 1 0.0%$1376 to 1400 3 0.0% 3 0.0%$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400 2 0.0% 2 0.0%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500 1 0.0% 1 0.0%$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% 2 0.0%TOTALS 1 41 2.4% 19 763 2.5% 13 490 2.7% 4 244 1.6% 1 0.0% 37 1539 2.4%
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 1 3 33.3% 1 3 33.3%$626 to $650$651 to $675$676 to $700 18 0.0% 18 0.0%$701 to $725$726 to $750 4 85 4.7% 4 85 4.7%$751 to $775$776 to $800 165 500 33.0% 165 500 33.0%$801 to $825 5 180 2.8% 5 180 2.8%$826 to $850 1 0.0% 1 0.0%$851 to $875 25 428 5.8% 2 0.0% 5 0.0% 25 435 5.7%$876 to $900 4 0.0% 4 0.0%$901 to $925 17 0.0% 2 104 1.9% 2 121 1.7%$926 to $950 1 94 1.1% 2 34 5.9% 3 128 2.3%$951 to $975 $976 to $1000 5 100 5.0% 50 108 46.3% 55 208 26.4%$1001 to 1025 2 48 4.2% 2 48 4.2%$1026 to 1050$1051 to 1075 16 217 7.4% 16 217 7.4%$1076 to 1100 48 0.0% 5 0.0% 53 0.0%$1101 to 1125 1 18 5.6% 1 18 5.6%$1126 to 1150 3 84 3.6% 3 84 3.6%$1151 to 1175 34 0.0% 25 606 4.1% 25 640 3.9%$1176 to 1200$1201 to 1225$1226 to 1250 7 128 5.5% 6 0.0% 7 134 5.2%$1251 to 1275 33 692 4.8% 6 44 13.6% 39 736 5.3%$1276 to 1300 30 0.0% 2 105 1.9% 2 135 1.5%$1301 to 1325$1326 to 1350 1 36 2.8% 1 36 2.8%$1351 to 1375 4 85 4.7% 4 85 4.7%$1376 to 1400$1401 to 1425 1 30 3.3% 1 30 3.3%$1426 to 1450 1 30 3.3% 1 30 3.3%$1451 to 1475$1476 to 1400 2 34 5.9% 2 34 5.9%$1501 to 1525$1526 to 1550 12 94 12.8% 12 94 12.8%$1551 to 1575$1576 to 1500 45 746 6.0% 20 0.0% 45 766 5.9%$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600 20 0.0% 20 0.0%$1701 to 1725$1726 to 1750 1 94 1.1% 1 94 1.1%$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 38 2.6% 257 2468 10.4% 65 425 15.3% 84 1798 4.7% 14 179 7.8% 1 30 3.3% 422 4938 8.5%
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$701 to $725$726 to $750 2 204 1.0% 2 204 1.0%$751 to $775$776 to $800 1 120 0.8% 1 120 0.8%$801 to $825 10 204 4.9% 10 204 4.9%$826 to $850 2 155 1.3% 84 0.0% 2 239 0.8%$851 to $875 14 186 7.5% 14 186 7.5%$876 to $900 21 366 5.7% 21 366 5.7%$901 to $925 8 220 3.6% 84 0.0% 8 304 2.6%$926 to $950 1 0.0% 1 0.0%$951 to $975 6 0.0% 8 0.0% 3 180 1.7% 3 194 1.5%$976 to $1000 7 180 3.9% 16 0.0% 152 0.0% 7 348 2.0%$1001 to 1025 2 130 1.5% 6 96 6.3% 8 226 3.5%$1026 to 1050 14 0.0% 14 0.0%$1051 to 1075 6 192 3.1% 1 28 3.6% 7 220 3.2%$1076 to 1100 14 222 6.3% 24 290 8.3% 38 512 7.4%$1101 to 1125$1126 to 1150$1151 to 1175 1 20 5.0% 1 20 5.0%$1176 to 1200$1201 to 1225 12 0.0% 12 0.0%$1226 to 1250 1 15 6.7% 8 217 3.7% 9 232 3.9%$1251 to 1275 1 40 2.5% 1 40 2.5%$1276 to 1300$1301 to 1325 3 212 1.4% 3 212 1.4%$1326 to 1350$1351 to 1375 9 172 5.2% 9 172 5.2%$1376 to 1400$1401 to 1425 9 213 4.2% 9 213 4.2%$1426 to 1450 8 0.0% 8 0.0%$1451 to 1475$1476 to 1400 1 20 5.0% 1 20 5.0%$1501 to 1525$1526 to 1550 1 20 5.0% 1 20 5.0%$1551 to 1575$1576 to 1500$1601 to 1625 3 48 6.3% 3 48 6.3%$1626 to 1650 1 12 8.3% 1 12 8.3%$1651 to 1675 3 88 3.4% 3 88 3.4%$1676 to 1600 1 9 11.1% 1 9 11.1%$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 20 5.0% 1 20 5.0%$1951 to 1975$1976 to 2000$2000 and upTOTALS 73 1964 3.7% 23 513 4.5% 57 1562 3.6% 10 197 5.1% 1 28 3.6% 164 4264 3.8%
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$576 to $600$601 to $625 4 0.0% 4 0.0%$626 to $650$651 to $675 4 45 8.9% 4 45 8.9%$676 to $700 1 64 1.6% 1 122 0.8% 2 186 1.1%$701 to $725 23 499 4.6% 23 499 4.6%$726 to $750 9 108 8.3% 9 108 8.3%$751 to $775 4 350 1.1% 4 350 1.1%$776 to $800 6 0.0% 6 0.0%$801 to $825 72 0.0% 72 0.0%$826 to $850 18 309 5.8% 3 13 23.1% 21 322 6.5%$851 to $875 141 0.0% 79 0.0% 220 0.0%$876 to $900 3 109 2.8% 10 254 3.9% 24 0.0% 13 387 3.4%$901 to $925 2 155 1.3% 253 0.0% 2 408 0.5%$926 to $950 1 99 1.0% 2 0.0% 1 6 16.7% 2 107 1.9%$951 to $975 13 213 6.1% 2 17 11.8% 2 0.0% 15 232 6.5%$976 to $1000 8 196 4.1% 7 0.0% 8 203 3.9%$1001 to 1025 1 0.0% 6 154 3.9% 3 171 1.8% 9 326 2.8%$1026 to 1050 5 0.0% 33 0.0% 1 0.0% 39 0.0%$1051 to 1075 14 232 6.0% 4 87 4.6% 1 102 1.0% 19 421 4.5%$1076 to 1100 1 0.0% 15 0.0% 8 0.0% 24 0.0%$1101 to 1125 10 0.0% 10 277 3.6% 10 287 3.5%$1126 to 1150 3 0.0% 9 0.0% 12 0.0%$1151 to 1175 1 5 20.0% 7 0.0% 1 12 8.3%$1176 to 1200 4 8 50.0% 14 422 3.3% 18 430 4.2%$1201 to 1225 4 137 2.9% 6 0.0% 4 143 2.8%$1226 to 1250 31 242 12.8% 31 242 12.8%$1251 to 1275 1 2 50.0% 1 2 50.0%$1276 to 1300 4 6 66.7% 4 6 66.7%$1301 to 1325 2 0.0% 2 0.0%$1326 to 1350 4 81 4.9% 4 81 4.9%$1351 to 1375 3 161 1.9% 3 161 1.9%$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550 1 12 8.3% 1 12 8.3%$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 14 156 9.0% 14 156 9.0%$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 up 11 0.0% 11 0.0%TOTALS 5 113 4.4% 99 2779 3.6% 34 824 4.1% 83 1777 4.7% 2 47 4.3% 223 5540 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$626 to $650 6 145 4.1% 6 145 4.1%$651 to $675$676 to $700 8 0.0% 8 0.0%$701 to $725$726 to $750 10 238 4.2% 10 238 4.2%$751 to $775 108 0.0% 108 0.0%$776 to $800 6 108 5.6% 6 108 5.6%$801 to $825 72 0.0% 72 0.0%$826 to $850 1 72 1.4% 1 72 1.4%$851 to $875 49 741 6.6% 49 741 6.6%$876 to $900 2 156 1.3% 2 156 1.3%$901 to $925 13 437 3.0% 13 437 3.0%$926 to $950 54 596 9.1% 10 120 8.3% 64 716 8.9%$951 to $975 6 398 1.5% 6 398 1.5%$976 to $1000 7 196 3.6% 7 196 3.6%$1001 to 1025 2 454 0.4% 2 30 6.7% 21 312 6.7% 25 796 3.1%$1026 to 1050 24 0.0% 24 0.0%$1051 to 1075 10 172 5.8% 10 172 5.8%$1076 to 1100 4 149 2.7% 28 0.0% 23 588 3.9% 72 0.0% 27 837 3.2%$1101 to 1125 2 341 0.6% 36 0.0% 2 377 0.5%$1126 to 1150 2 14 14.3% 1 39 2.6% 3 53 5.7%$1151 to 1175 31 456 6.8% 40 0.0% 31 496 6.3%$1176 to 1200 6 70 8.6% 52 0.0% 26 411 6.3% 32 533 6.0%$1201 to 1225 5 212 2.4% 7 294 2.4% 12 0.0% 12 518 2.3%$1226 to 1250 6 216 2.8% 3 72 4.2% 1 189 0.5% 10 477 2.1%$1251 to 1275 9 300 3.0% 1 54 1.9% 10 354 2.8%$1276 to 1300 56 0.0% 56 0.0%$1301 to 1325 12 73 16.4% 12 73 16.4%$1326 to 1350 14 394 3.6% 14 394 3.6%$1351 to 1375 10 330 3.0% 10 330 3.0%$1376 to 1400 1 94 1.1% 1 94 1.1%$1401 to 1425 16 0.0% 16 0.0%$1426 to 1450 8 299 2.7% 8 299 2.7%$1451 to 1475$1476 to 1400 4 64 6.3% 4 39 10.3% 8 103 7.8%$1501 to 1525 1 3 33.3% 1 3 33.3%$1526 to 1550 44 322 13.7% 44 322 13.7%$1551 to 1575$1576 to 1500 5 88 5.7% 5 88 5.7%$1601 to 1625 6 0.0% 2 37 5.4% 2 43 4.7%$1626 to 1650 1 42 2.4% 1 15 6.7% 2 57 3.5%$1651 to 1675 6 48 12.5% 6 48 12.5%$1676 to 1600 9 0.0% 9 0.0%$1701 to 1725$1726 to 1750 6 0.0% 6 0.0%$1751 to 1775$1776 to 1800 2 11 18.2% 2 11 18.2%$1801 to 1825 4 9 44.4% 4 9 44.4%$1826 to 1850$1851 to 1875 2 35 5.7% 2 35 5.7%$1876 to 1900 6 64 9.4% 6 64 9.4%$1901 to 1926 1 10 10.0% 1 10 10.0%$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 48 4.2% 4 30 13.3% 6 78 7.7%TOTALS 212 0.0% 197 4549 4.3% 56 1169 4.8% 171 3708 4.6% 32 440 7.3% 4 102 3.9% 460 10180 4.5%
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$526 to $550$551 to $575$576 to $600 2 0.0% 15 0.0% 17 0.0%$601 to $625 1 0.0% 4 88 4.5% 4 89 4.5%$626 to $650 1 0.0% 50 0.0% 51 0.0%$651 to $675 1 0.0% 22 0.0% 23 0.0%$676 to $700 1 0.0% 15 0.0% 1 0.0% 17 0.0%$701 to $725 16 0.0% 2 0.0% 18 0.0%$726 to $750 2 69 2.9% 6 0.0% 2 75 2.7%$751 to $775 4 0.0% 15 0.0% 19 0.0%$776 to $800 2 81 2.5% 1 36 2.8% 3 117 2.6%$801 to $825 4 49 8.2% 7 0.0% 4 56 7.1%$826 to $850 1 0.0% 7 0.0% 8 0.0%$851 to $875 15 0.0% 15 0.0%$876 to $900 12 0.0% 12 0.0%$901 to $925 12 0.0% 12 0.0%$926 to $950 18 0.0% 18 0.0%$951 to $975 7 156 4.5% 1 5 20.0% 8 161 5.0%$976 to $1000 1 3 33.3% 1 3 33.3%$1001 to 1025 18 168 10.7% 18 168 10.7%$1026 to 1050 1 1 100.0% 4 0.0% 1 5 20.0%$1051 to 1075 2 244 0.8% 2 0.0% 2 246 0.8%$1076 to 1100 1 0.0% 1 0.0%$1101 to 1125 1 0.0% 1 0.0%$1126 to 1150 3 282 1.1% 9 78 11.5% 12 360 3.3%$1151 to 1175 1 51 2.0% 1 51 2.0%$1176 to 1200 5 78 6.4% 5 78 6.4%$1201 to 1225 4 210 1.9% 4 210 1.9%$1226 to 1250 17 144 11.8% 17 144 11.8%$1251 to 1275$1276 to 1300 1 38 2.6% 1 38 2.6%$1301 to 1325 2 134 1.5% 2 134 1.5%$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425 4 200 2.0% 4 200 2.0%$1426 to 1450$1451 to 1475 130 0.0% 130 0.0%$1476 to 1400$1501 to 1525 8 0.0% 8 0.0%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650 1 106 0.9% 1 106 0.9%$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 26 7.7% 2 26 7.7%$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 6 0.0% 46 1470 3.1% 17 441 3.9% 27 658 4.1% 2 42 4.8% 92 2617 3.5%
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$676 to $700$701 to $725 38 0.0% 38 0.0%$726 to $750 1 40 2.5% 1 40 2.5%$751 to $775$776 to $800 7 14 50.0% 1 40 2.5% 8 54 14.8%$801 to $825 2 86 2.3% 2 86 2.3%$826 to $850 20 0.0% 8 140 5.7% 8 160 5.0%$851 to $875 117 0.0% 1 36 2.8% 1 153 0.7%$876 to $900 43 482 8.9% 45 0.0% 43 527 8.2%$901 to $925 5 186 2.7% 5 186 2.7%$926 to $950 66 0.0% 66 0.0%$951 to $975 1 24 4.2% 2 39 5.1% 3 83 3.6% 6 146 4.1%$976 to $1000 12 0.0% 2 83 2.4% 2 95 2.1%$1001 to 1025$1026 to 1050 18 130 13.8% 18 130 13.8%$1051 to 1075 4 96 4.2% 4 96 4.2%$1076 to 1100 8 119 6.7% 8 119 6.7%$1101 to 1125 8 36 22.2% 8 36 22.2%$1126 to 1150 2 106 1.9% 2 106 1.9%$1151 to 1175 20 152 13.2% 20 152 13.2%$1176 to 1200 2 34 5.9% 4 20 20.0% 6 54 11.1%$1201 to 1225 12 0.0% 12 0.0%$1226 to 1250 12 0.0% 12 0.0%$1251 to 1275$1276 to 1300 6 19 31.6% 6 19 31.6%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 1 0.0% 1 0.0%$1401 to 1425$1426 to 1450 6 96 6.3% 6 96 6.3%$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550$1551 to 1575 7 74 9.5% 7 74 9.5%$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 1 3 33.3% 1 3 33.3%$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 9 136 6.6% 75 1477 5.1% 32 388 8.2% 39 437 8.9% 7 23 30.4% 162 2461 6.6%
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 1 0.0% 2 0.0% 3 0.0%$551 to $575 1 0.0% 2 0.0% 3 0.0%$576 to $600 32 0.0% 1 0.0% 33 0.0%$601 to $625 1 0.0% 1 0.0% 2 0.0%$626 to $650 1 0.0% 4 0.0% 5 0.0%$651 to $675 1 3 33.3% 1 0.0% 1 4 25.0%$676 to $700 6 0.0% 4 0.0% 10 0.0%$701 to $725 1 37 2.7% 3 0.0% 1 40 2.5%$726 to $750 16 0.0% 1 0.0% 17 0.0%$751 to $775 2 0.0% 2 0.0%$776 to $800 4 0.0% 4 0.0%$801 to $825 1 0.0% 1 0.0%$826 to $850 1 12 8.3% 4 0.0% 1 16 6.3%$851 to $875 4 154 2.6% 2 0.0% 4 156 2.6%$876 to $900$901 to $925 1 45 2.2% 8 0.0% 1 53 1.9%$926 to $950 1 3 33.3% 1 3 33.3%$951 to $975 $976 to $1000 3 22 13.6% 1 144 0.7% 4 166 2.4%$1001 to 1025 6 168 3.6% 1 80 1.3% 7 248 2.8%$1026 to 1050 45 0.0% 45 0.0%$1051 to 1075$1076 to 1100$1101 to 1125 5 164 3.0% 5 164 3.0%$1126 to 1150 6 172 3.5% 6 92 6.5% 12 264 4.5%$1151 to 1175$1176 to 1200$1201 to 1225 4 70 5.7% 4 70 5.7%$1226 to 1250 9 216 4.2% 9 216 4.2%$1251 to 1275 8 108 7.4% 8 108 7.4%$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 5 136 3.7% 5 136 3.7%$1401 to 1425$1426 to 1450 3 60 5.0% 3 60 5.0%$1451 to 1475$1476 to 1400 6 151 4.0% 6 151 4.0%$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 5 83 6.0% 5 83 6.0%$1726 to 1750$1751 to 1775 27 0.0% 27 0.0%$1776 to 1800 3 24 12.5% 3 24 12.5%$1801 to 1825$1826 to 1850$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and upTOTALS 4 75 5.3% 30 1046 2.9% 11 200 5.5% 32 743 4.3% 3 51 5.9% 80 2115 3.8%
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
1425.00
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
0
2
4
6
8
10
12
14
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
788
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
314
Q4
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
39000
4100096
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
14 Q
4
Num
ber o
f Apa
rtm
ent U
nits
Year
Estimate of Total Apartments by Year for Boulder/Broomfield Counties
V-6
0
5
10
15
20
25
30
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
$946.56 $1,064.34
$1,334.61
$1,529.43
0
200
400
600
800
1000
1200
1400
1600
1800
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 4.9
-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 0.8 1.16.9 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 4.5 4.88.9 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 10.7*
-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 0.3 7.110.6 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 4.0 5.86.0 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 5.4*
-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 2.0 1.56.5 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 8.3 8.62.8 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 3.5
-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 0.3 3.53.7 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 1.6 2.56.3 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 2.7
-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 -0.1 -0.67.6 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 2.5 2.46.9 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 7.2*
-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 0.5 3.87.6 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 5.4
Vacancy Rates by Market Area for Boulder/Broomfield Counties
Due to rounding of the vacancy rate, numbers may not always add exactly.
20112006 2010
Boulder - Univ. Area
2009
First Figure = Rate for Quarter in Percent
2008 2012 2014
Broomfield
20132007
Boulder - Other
Boulder - Except Univ.
Third Figure = Twelve Month AverageSecond Figure = Change from Year Ago
Boulder/ Broomfield Counties
Longmont
V-9
1st 2nd 3rd 4th 1st 2nd 3rd 4thUp to 8 0.0 0.0 0.0 0.0 499 below 3.6 10.7 0.0 1.89 to 50 500 to 749 2.5 3.2 4.2 2.551 to 99 7.3 9.4 7.3 750 to 999 4.0 6.7 5.4 4.8100 to199 4.5 3.9 3.2 6.8 1000 above 3.6 6.0 3.5 5.3200 to 349 1.5 5.6 3.9 4.7350 up 4.1 7.2 4.2 4.2Up to 8 0.0 499 below 2.3 4.0 1.4 2.09 to 50 500 to 749 6.1 5.0 5.3 4.551 to 99 750 to 999 4.4 4.7 4.1 11.3*100 to 199 3.4 2.3 1.7 3.4 1000 above 4.0 3.9 3.1 13.7*200 to 349 4.2 4.4 3.6 4.4350 up 4.7 4.7 4.6 21.9*Up to 8 0.0 0.0 0.0 0.0 499 below 20.4 0.0 0.0 0.59 to 50 7.2 1.2 0.0 1.2 500 to 749 11.3 3.2 1.6 3.151 to 99 14.8 0.0 4.3 2.5 750 to 999 27.1 4.5 2.9 4.6*100 to 199 7.0 4.9 3.3 0.9 1000 above 25.1 9.7 9.0 18.9*200 to 349 58.7 24.5*350 up 0.5Up to 8 0.0 499 below 0.0 2.2 1.1 1.49 to 50 4.7 3.5 0.0 0.0 500 to 749 0.0 0.8 0.0 0.0
51 to 99 0.0 0.0 0.0 0.0 750 to 999 0.0 0.0 7.0 1.8 100 to 199 0.0 0.0 1000 above 9.5 5.4 5.8 13.2
200 to 349 1.4 2.7 4.8 5.5350 upUp to 8 0.0 5.3 5.6 0.0 499 below 0.0 0.0 2.9 0.09 to 50 0.0 0.0 2.2 0.0 500 to 749 0.2 3.5 3.5 4.6
51 to 99 1.1 6.7 3.3 4.4 750 to 999 1.5 3.8 2.2 3.1 100 to 199 1.2 1.2 4.1 2.9 1000 above 1.9 2.2 2.4 1.9
200 to 349 1.5 2.3 2.0 2.5350 up 0.8 5.0 3.6Up to 8 0.0 2.6 2.2 0.0 499 below 5.9 3.5 1.2 1.49 to 50 4.8 1.9 0.5 0.5 500 to 749 5.3 3.9 2.5 3.451 to 99 7.8 3.7 4.1 3.4 750 to 999 8.0 4.9 3.8 7.9100 to 199 5.6 3.9 2.6 2.7 1000 above 6.0 4.3 3.4 9.5200 to 349 8.9 3.8 3.2 5.5350 up 4.0 5.7 4.2 12.6
20142014
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 1st 2nd 3rd 4th 1st 2nd 3rd 4thTo 1959 Efficiency 3.6 10.7 0.0 1.81960-69 1 Bed 3.7 5.4 2.9 2.71970-79 2 Bed, 1 Bath 2.9 10.1 12.6 12.71980-89 3.8 2.7 4.8 4.8 2 Bed, 2 Bath 4.0 5.0 2.9 5.21990-99 4.3 6.7 4.0 4.9 3 Bed 3.1 12.5 8.6 5.42000-04 Other 11.1 0.0 0.0 0.02005 up 0.0 6.3 5.1 4.7 All 3.7 6.3 4.2 4.9To 1959 Efficiency 5.3 15.8 0.0 0.01960-69 0.0 1 Bed 4.8 4.1 3.2 11.4*1970-79 3.4 4.9 4.1 1.1 2 Bed, 1 Bath 3.8 4.7 4.0 3.71980-89 2.4 4.5 5.9 5.6 2 Bed, 2 Bath 4.1 4.8 4.2 13.9*1990-99 3.2 1.8 2.1 3.4 3 Bed 2.5 3.4 1.8 0.82000-04 4.6 4.2 4.6 5.2 Other 3.2 3.2 0.0 6.52005 up 6.0 6.4 4.0 22.3* All 4.3 4.5 3.6 10.7*To 1959 Efficiency 46.1 0.0 0.0 26.3*1960-69 21.2 0.0 0.0 0.6 1 Bed 26.4 3.1 1.5 3.6*1970-79 5.6 3.8 0.6 1.5 2 Bed, 1 Bath 12.9 4.2 1.7 0.71980-89 10.8 1.8 2 Bed, 2 Bath 26.6 5.3 8.5 17.1*1990-99 2.2 5.6 4.6 1.4 3 Bed 2.7 9.4 0.0 2.22000-04 42.9 Other 4.3 0.0 6.32005 up 95.9 24.5* All 22.0 4.2 3.1 5.4To 1959 0.0 Efficiency 0.0 0.0 0.0 0.01960-69 2.3 1.7 0.0 0.0 1 Bed 0.0 1.8 2.7 1.41970-79 1.4 2.7 0.5 2.3 2 Bed, 1 Bath 5.4 3.6 0.0 1.81980-89 0.0 2 Bed, 2 Bath 10.0 5.0 7.6 16.71990-99 3 Bed 0.0 0.0 0.0 0.02000-04 Other2005 up 8.4 8.4 All 1.8 2.3 2.3 3.5To 1959 0.0 6.7 6.7 0.0 Efficiency 0.0 1.5 0.0 9.71960-69 0.0 0.0 0.0 0.0 1 Bed 0.6 3.3 3.3 3.51970-79 0.0 0.0 3.0 0.0 2 Bed, 1 Bath 1.4 3.4 1.5 2.71980-89 0.7 5.1 4.8 4.4 2 Bed, 2 Bath 2.2 2.9 3.2 2.41990-99 2.0 2.3 1.5 3.1 3 Bed 1.0 3.0 0.0 1.22000-04 1.5 1.7 1.2 2.3 Other 1.9 1.9 0.0 0.02005 up All 1.3 3.0 2.5 2.7To 1959 0.0 6.7 4.3 0.0 Efficiency 15.7 5.3 0.0 9.31960-69 12.7 1.2 0.0 0.5 1 Bed 7.4 4.0 2.9 6.71970-79 4.3 4.0 2.1 1.4 2 Bed, 1 Bath 6.0 4.9 3.8 3.61980-89 1.6 4.6 5.6 4.0 2 Bed, 2 Bath 6.3 4.5 4.0 10.31990-99 3.3 4.4 3.0 4.0 3 Bed 2.4 6.9 3.6 2.82000-04 3.6 3.1 2.4 3.9 Other 3.2 2.1 0.0 2.92005 up 20.5 6.4 5.7 19.5 All 6.7 4.4 3.3 7.2
by Market Area for Boulder/Broomfield Counties(In Percent)
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 1st 2nd 3rd 4th County Year Built 1st 2nd 3rd 4thBoulder - Other Boulder - Other To 1959Efficiency 1000.00 915.00 1086.00 915.00 1960-691 Bed 1093.59 1133.94 1185.80 1203.19 1970-792 Bed, 1 Bath 1240.79 1305.27 1284.23 1365.51 1980-89 1179.35 1226.69 1330.97 1287.152 Bed, 2 Bath 1402.44 1549.86 1534.75 1499.82 1990-99 1298.21 1378.77 1366.57 1399.113 Bed 1703.52 1803.13 1549.64 1794.70 2000-04All 1286.88 1371.52 1372.32 1390.61 2005 up 1292.52 1433.50 1439.72 1418.46Broomfield Broomfield To 1959Efficiency 1040.16 1117.42 685.00 1144.47 1960-69 721.431 Bed 1060.43 1108.82 1075.78 1192.43 1970-79 810.12 872.60 880.32 909.252 Bed, 1 Bath 1060.89 1110.35 1127.10 1143.78 1980-89 1151.82 1187.24 1214.13 1150.722 Bed, 2 Bath 1440.06 1523.13 1425.12 1537.72 1990-99 1286.09 1341.60 1326.12 1369.563 Bed 1581.06 1578.04 1637.15 1504.60 2000-04 1227.18 1296.34 1302.09 1315.34All 1208.31 1268.45 1213.98 1313.00 2005 up 1349.37 1408.89 1458.08 1460.49Boulder - Except Univ. Boulder - Except Univ. To 1959Efficiency 1325.07 1277.62 1183.33 1388.60 1960-69 960.47 1089.07 1101.95 1043.171 Bed 1189.37 1120.96 1131.53 1148.91 1970-79 1175.05 1070.54 1085.97 1144.622 Bed, 1 Bath 1255.47 1156.96 1198.36 1299.97 1980-89 1688.47 1638.292 Bed, 2 Bath 1804.07 1744.23 1800.74 1962.82 1990-99 1740.24 1739.71 1752.95 1715.673 Bed 1964.19 2006.25 2136.82 2149.78 2000-04 792.00All 1374.68 1307.21 1387.61 1347.29 2005 up 1919.52 1915.68Boulder - Univ. Area Boulder - Univ. Area To 1959 1045.00Efficiency 805.00 850.00 822.14 862.95 1960-69 1261.85 1213.38 958.91 1246.911 Bed 1024.23 1032.68 1355.06 1378.16 1970-79 1019.09 1088.18 1073.46 1074.072 Bed, 1 Bath 1414.29 1471.43 1555.26 1434.38 1980-89 959.262 Bed, 2 Bath 1545.63 1547.50 2472.52 2527.28 1990-993 Bed 2650.00 2650.00 2416.67 2650.00 2000-04All 1126.98 1143.83 1338.80 1521.51 2005 up 2312.00 2356.39Longmont Longmont To 1959 668.60 735.00 699.13 735.00Efficiency 865.07 981.06 1071.21 1026.03 1960-69 828.75 847.50 865.83 842.921 Bed 971.16 1023.78 1086.63 1003.40 1970-79 713.53 732.65 759.09 723.822 Bed, 1 Bath 1086.75 1164.03 1223.14 1126.05 1980-89 1067.04 1102.14 1175.80 1053.072 Bed, 2 Bath 1216.49 1309.48 1352.65 1335.52 1990-99 1157.92 1269.34 1298.53 1308.463 Bed 1369.01 1416.87 1486.58 1486.61 2000-04 1091.31 1160.28 1234.30 1159.84All 1092.57 1161.62 1226.67 1168.77 2005 upBoulder/Broomfield Co. To 1959 668.60 735.00 819.43 735.00Efficiency 1048.55 991.61 914.35 1075.11 1960-69 1073.63 1165.91 976.90 1076.471 Bed 1070.57 1091.72 1147.34 1187.06 1970-79 1024.01 973.62 990.78 1009.932 Bed, 1 Bath 1155.58 1167.78 1199.69 1220.35 1980-89 1104.00 1141.01 1248.36 1198.072 Bed, 2 Bath 1428.48 1497.00 1516.80 1563.65 1990-99 1314.05 1378.75 1377.68 1399.623 Bed 1644.45 1655.63 1617.55 1687.07 2000-04 1164.20 1236.72 1257.72 1247.20All 1227.76 1264.25 1287.15 1329.54 2005 up 1438.62 1412.91 1709.75 1599.32
Boulder/Broomfield Counties
2014 2014
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
1st 2nd 3rd 4th County 1st 2nd 3rd 4thBoulder - Other Boulder - OtherUp to 8 870.00 907.50 1140.00 956.67 Efficiency 988.00 913.00 1088.00 913.009 to 50 1 Bed 1093.53 1096.65 1186.26 1186.2951 to 99 1295.89 1160.04 1295.75 2 Bed, 1 Bath 1198.44 1308.65 1302.33 1382.44100 to 199 1242.26 1244.08 1334.03 1314.24 2 Bed, 2 Bath 1391.10 1585.16 1558.80 1508.82200 to 349 1283.37 1371.94 1367.55 1418.46 3 Bed 1711.68 1811.58 1562.08 1835.46350 and up 1301.02 1406.31 1402.01 1414.02 All 1321.05 1352.75 1325.08 1441.04Broomfield BroomfieldUp to 8 721.43 Efficiency 1040.57 1137.33 688.00 1162.339 to 50 1 Bed 1065.64 1152.87 1165.47 1257.7851 to 99 2 Bed, 1 Bath 996.40 1049.74 1007.00 1177.21100 to 199 1142.59 1270.36 1270.36 1398.41 2 Bed, 2 Bath 1480.45 1541.44 1373.52 1522.39200 to 349 1168.56 1217.66 1194.31 1264.27 3 Bed 1540.50 1456.00 1589.00 1423.50350 and up 1276.60 1343.44 1302.09 1384.05 All 1228.46 1247.17 1221.05 1325.77Boulder - Except Univ. Boulder - Except Univ.Up to 8 934.62 968.85 972.69 942.31 Efficiency 1322.60 1287.40 1187.40 1481.639 to 50 1008.33 992.11 1076.33 1118.73 1 Bed 1022.38 992.37 999.73 1030.1451 to 99 1224.95 1101.06 1475.17 1302.58 2 Bed, 1 Bath 1228.66 1157.75 1158.24 1233.00100 to 199 1334.97 1364.61 1412.89 1329.85 2 Bed, 2 Bath 1828.92 1855.94 1820.00 1842.40200 to 349 1610.54 1915.68 3 Bed 1797.60 2006.95 2010.29 2008.42350 and up 1020.28 All 1240.99 1165.03 1188.50 1194.98Boulder - Univ. Area Boulder - Univ. AreaUp to 8 1045.00 Efficiency 813.00 838.00 793.31 859.219 to 50 1431.22 1436.69 1363.43 1363.43 1 Bed 995.14 1031.20 1099.07 1176.1351 to 99 1100.00 1000.00 1100.00 1177.00 2 Bed, 1 Bath 1292.80 1392.80 1492.50 1365.40100 to199 905.08 959.26 2 Bed, 2 Bath 1585.00 1585.00 2012.04 2012.44200 to 349 1019.09 1088.18 1724.14 1740.43 3 Bed 2013.50 2013.50 2007.25 2013.50350 and up All 1077.11 1037.31 1084.47 1191.69Longmont LongmontUp to 8 698.11 753.16 717.89 758.42 Efficiency 877.67 1027.67 1127.67 1086.719 to 50 741.22 760.67 787.56 750.56 1 Bed 1005.28 1047.33 1112.19 1054.3951 to 99 869.08 976.10 1022.64 1053.07 2 Bed, 1 Bath 1124.40 1163.89 1278.31 1052.71100 to199 1271.10 1350.93 1320.06 1405.99 2 Bed, 2 Bath 1228.88 1354.29 1357.67 1274.92200 to 349 1112.85 1193.28 1256.24 1176.37 3 Bed 1393.25 1460.20 1544.80 1606.25350 and up 1106.33 1115.77 1235.92 All 1099.34 1155.60 1258.88 1100.35Boulder/Broomfield Counties Boulder/Broomfield Counties
Up to 8 792.98 851.32 905.93 852.63 Efficiency 985.00 958.29 905.00 1050.009 to 50 1115.12 1122.10 1090.11 1100.30 1 Bed 1057.10 1087.67 1142.10 1169.0951 to 99 1118.82 1002.96 1173.98 1214.14 2 Bed, 1 Bath 1177.14 1167.52 1197.43 1192.49100 to 199 1291.53 1323.78 1279.51 1315.90 2 Bed, 2 Bath 1395.88 1543.34 1472.65 1510.50200 to 349 1204.42 1219.84 1286.38 1348.83 3 Bed 1701.61 1744.75 1567.03 1672.20350 and up 1266.49 1341.49 1352.55 1349.46 All 1186.28 1235.23 1249.25 1298.08
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.
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.
(In Dollars)
Number of Units
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 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thBoulder - Other Boulder - OtherEfficiency 2.07 1.89 2.24 1.891 Bed 1.39 1.43 1.51 1.53 499 below 2.07 1.89 2.24 1.892 Bed, 1 Bath 1.31 1.36 1.35 1.45 500 to 749 1.49 1.61 1.64 1.592 Bed, 2 Bath 1.22 1.34 1.34 1.31 750 to 999 1.36 1.40 1.45 1.503 Bed 1.21 1.22 1.10 1.27 1000 above 1.22 1.32 1.30 1.30All 1.32 1.38 1.41 1.41Broomfield BroomfieldEfficiency 1.90 2.04 1.58 2.091 Bed 1.46 1.53 1.53 1.62 499 below 1.41 1.50 1.59 1.672 Bed, 1 Bath 1.17 1.22 1.24 1.25 500 to 749 1.55 1.63 1.43 1.672 Bed, 2 Bath 1.32 1.39 1.37 1.39 750 to 999 1.34 1.39 1.39 1.503 Bed 1.31 1.27 1.33 1.17 1000 above 1.29 1.36 1.38 1.35All 1.36 1.43 1.41 1.48Boulder - Except Univ. Boulder - Except Univ.Efficiency 2.45 2.94 2.73 2.541 Bed 1.85 1.73 1.75 1.84 499 below 2.00 2.83 2.64 2.262 Bed, 1 Bath 1.40 1.36 1.40 1.58 500 to 749 1.78 1.74 1.77 1.672 Bed, 2 Bath 1.80 1.87 1.88 1.92 750 to 999 1.72 1.54 1.59 1.773 Bed 1.51 1.73 1.77 1.78 1000 above 1.47 1.72 1.72 1.86All 1.71 1.65 1.68 1.80Boulder - Univ. Area Boulder - Univ. AreaEfficiency 2.12 2.24 1.56 2.221 Bed 1.93 1.96 2.10 2.27 499 below 2.05 2.19 2.14 2.182 Bed, 1 Bath 1.44 1.49 1.59 1.46 500 to 749 1.79 1.67 1.59 1.902 Bed, 2 Bath 1.36 1.37 2.28 2.32 750 to 999 1.77 1.77 2.51 2.593 Bed 2.52 2.52 2.09 2.52 1000 above 1.32 1.36 2.09 2.06All 1.82 1.86 1.93 2.21Longmont LongmontEfficiency 1.59 1.80 1.97 2.021 Bed 1.42 1.50 1.58 1.45 499 below 1.31 1.31 1.31 1.312 Bed, 1 Bath 1.21 1.30 1.35 1.25 500 to 749 1.52 1.62 1.75 1.682 Bed, 2 Bath 1.19 1.28 1.32 1.27 750 to 999 1.27 1.35 1.41 1.303 Bed 1.16 1.22 1.17 1.16 1000 above 1.15 1.23 1.27 1.21All 1.29 1.37 1.43 1.32Boulder/Broomfield CountiesEfficiency 2.05 2.04 1.78 2.181 Bed 1.54 1.55 1.64 1.70 499 below 1.85 1.91 1.96 2.052 Bed, 1 Bath 1.27 1.30 1.33 1.38 500 to 749 1.61 1.65 1.65 1.682 Bed, 2 Bath 1.33 1.38 1.43 1.42 750 to 999 1.41 1.41 1.49 1.563 Bed 1.29 1.29 1.25 1.29 1000 above 1.26 1.32 1.36 1.37All 1.42 1.44 1.50 1.55
2014
Boulder/Broomfield Counties
2014
(In Dollars)
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 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 1.9 1.6 5.4 2.2 Up to 6 1.9 4.3 7.6 2.29 - 50 4.3 9.6 9.6 3.0 9 - 50 9.1 11.5 10.2 3.651 - 99 -4.8 12.1 21.4 -8.2 51 - 99 3.0 15.8 25.6 -4.8100 - 199 4.7 19.8 9.9 7.8 100 - 199 10.2 23.7 12.5 10.5200 to 349 11.9 8.2 6.7 5.0 200 to 349 20.8 12.0 9.9 10.5350 up 3.1 3.1 7.9 -4.2 350 up 7.1 8.8 12.1 8.4 Age Age (year built)To 1959 0.0 7.3 -0.7 5.9 To 1959 0.0 14.0 3.6 5.91960-69 10.3 11.2 4.4 3.5 1960-69 23.0 12.5 4.4 3.91970-79 5.4 5.6 4.1 2.2 1970-79 9.6 9.6 6.2 3.61980-89 5.6 21.7 12.3 13.2 1980-89 7.2 26.3 17.9 17.21990-99 3.8 6.8 12.3 -0.5 1990-99 7.1 11.2 15.3 3.52000-04 2.3 5.1 6.7 3.8 2000-04 5.9 8.2 9.1 7.72005 up 8.1 5.0 4.0 -6.2 2005 up 28.6 11.4 9.7 13.3
Market Area Market AreaBoulder - Other -4.3 21.7 15.5 -9.0 Boulder - Other -0.6 28.0 19.7 -4.1Broomfield 4.3 5.9 5.3 -1.9 Broomfield 8.7 10.3 8.8 8.8Boulder - Except Univ. 12.8 6.1 8.7 9.5 Boulder - Except Univ. 34.8 10.2 11.8 14.9Boulder - Univ. Area 10.0 11.2 2.7 -1.1 Boulder - Univ. Area 11.8 13.5 4.9 2.4Longmont 4.4 10.3 11.5 5.0 Longmont 5.7 13.3 14.1 7.7
Average 7.3 8.9 8.8 1.6 Average 14.0 13.3 12.1 8.8
(In Percent)
2014
Defined as Physcial Vacancy Plus Concessions and Writeoffs as a Percentage of Gross Potential Rent
2014
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
Includes Discounts and Concessions Average Rent Minus Rental Losses Equals Effective Rent
(In Percent)
V-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsBoulder - Other 915.00 1203.19 1365.51 1499.82 1794.70 1630.00 1390.61Broomfield 1144.47 1192.43 1143.78 1537.72 1504.60 1692.94 1313.00Boulder - Except Univ. 1388.60 1148.91 1299.97 1962.82 2149.78 1679.94 1347.29Boulder - Univ. Area 862.95 1378.16 1434.38 2527.28 2650.00 1521.51Longmont 1026.03 1003.40 1126.05 1335.52 1486.61 1087.50 1168.77Boulder/Broomfield Counties Average 1075.11 1187.06 1220.35 1563.65 1687.07 1383.50 1329.54
Buildings with up to 6 UnitsBoulder - Other 891.25 1087.50 956.67BroomfieldBoulder - Except Univ. 821.67 1185.00 1003.33Boulder - Univ. AreaLongmont 500.00 640.00 1122.50 846.25Boulder/Broomfield Counties Average 500.00 833.75 1105.00 1185.00 946.56
Buildings with 7 to 36 UnitsBoulder - OtherBroomfieldBoulder - Except Univ. 1010.00 1022.25 1400.00 1500.00 1620.00 1119.25Boulder - Univ. Area 1064.64 1700.00 1414.38 2650.00 1363.43Longmont 547.50 713.72 786.25 906.25 873.33 746.67Boulder/Broomfield Counties Average 701.67 913.42 1486.85 1228.25 1590.00 1064.34
Buildings with 37 and Above UnitsBoulder - Other 915.00 1205.10 1369.08 1499.82 1794.70 1630.00 1392.01Broomfield 1144.47 1192.43 1143.78 1537.72 1504.60 1692.94 1313.00Boulder - Except Univ. 1395.36 1155.95 1298.39 1981.75 2161.82 1679.94 1355.68Boulder - Univ. Area 862.95 1396.41 1328.13 2622.00 1534.52Longmont 1079.00 1034.07 1133.64 1343.83 1509.05 1087.50 1190.49Boulder/Broomfield Counties Average 1083.59 1194.40 1215.91 1566.19 1688.56 1383.50 1334.61
Buildings with 5 Stories and AboveBoulder - OtherBroomfield 1370.00 1686.00 1501.17Boulder - Except Univ. 1285.00 1699.00 2400.00 1713.77Boulder - Univ. AreaLongmont
Boulder/Broomfield Counties Average 1364.25 1688.16 2400.00 1529.43
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 1388.60 1181.22 1267.10 1572.92 1543.74 1330.30 953.56 1191.96 1176.70 1556.16 1744.10 1328.90 1.41
Patio or Balcony 1111.36 1245.47 1275.90 1570.27 1689.19 1382.27 826.96 944.54 1086.18 1403.99 1663.64 1037.56 344.71
Fireplace 995.26 1239.74 1307.34 1539.98 1720.03 1385.23 1191.52 1125.46 1158.30 1636.70 1604.22 1244.85 140.38
Nine-Foot Ceilings 1157.23 1312.97 1406.07 1585.28 1766.77 1454.56 930.85 978.60 1114.09 1372.83 1498.61 1079.97 374.60
Swimming Pool 1083.59 1199.26 1211.86 1565.69 1689.24 1338.51 651.25 990.31 1260.31 1438.40 1593.33 1198.74 139.76
Spa or Sauna 1148.55 1282.06 1309.60 1570.36 1640.69 1406.92 989.18 1027.29 1151.08 1534.53 1812.78 1179.45 227.47
Exercise Room 1111.93 1251.59 1297.41 1571.29 1668.34 1390.41 1014.39 996.64 1138.88 1479.76 1794.34 1132.64 257.77
Sport Court 915.00 1168.72 1314.00 1495.77 1712.11 1381.77 1135.70 1188.82 1208.02 1580.32 1669.07 1320.99 60.78
Microwave 1157.23 1282.59 1264.82 1606.22 1814.64 1421.54 930.85 1004.38 1187.78 1373.23 1562.67 1154.89 266.66
Washer/Dryer Hookups 969.67 1204.55 1281.21 1480.54 1634.07 1349.55 1148.93 1171.25 1180.29 1770.36 1996.83 1304.21 45.34
Garbage Disposal 1075.11 1187.02 1219.25 1569.57 1691.38 1328.32 1195.00 1325.00 1405.00 1620.00 1398.41 -70.09
Dishwasher 1096.49 1221.51 1222.58 1569.86 1689.19 1355.80 854.17 969.28 1201.38 1403.28 1663.64 1083.10 272.71
Air Conditioning 1099.75 1214.50 1219.98 1570.37 1689.19 1349.55 835.26 939.92 1223.75 1400.24 1663.64 1093.72 255.82
Ceiling Fan 1095.14 1204.22 1206.88 1596.79 1681.73 1339.80 987.63 1133.72 1301.56 1463.81 1706.94 1294.72 45.08
Attached Garage 977.03 1223.13 1397.91 1538.84 1747.28 1395.61 1130.95 1171.91 1184.48 1582.32 1636.10 1298.03 97.58
Covered Parking 1316.44 1320.34 1309.35 1654.60 1706.18 1450.16 964.79 1099.77 1199.64 1485.41 1678.49 1255.06 195.10
Clubhouse 1111.93 1239.66 1296.93 1564.73 1665.14 1381.25 1014.39 980.73 1125.48 1541.38 1913.89 1111.02 270.23
Business Center 1148.55 1299.52 1356.99 1568.61 1671.51 1431.96 989.18 976.47 1131.63 1501.17 1738.65 1101.91 330.04
Pets Allowed 1099.75 1196.71 1210.46 1569.91 1686.45 1337.73 835.26 1066.80 1350.84 1403.25 1695.56 1207.47 130.26
Resident Pays Sewer/Water 1083.17 1216.36 1250.41 1579.35 1734.98 1362.47 672.50 995.57 1155.12 1357.17 1470.78 1147.49 214.98
Unit Security/Alarm System 1222.39 1107.11 1452.96 1610.08 1315.00 1075.11 1181.49 1229.53 1592.17 1701.32 1332.17 -17.17
Handicapped Access 1103.28 1225.08 1200.03 1571.54 1653.50 1354.59 983.56 1085.01 1269.41 1528.67 1879.36 1250.90 103.69
Heat Included in Rent 672.50 941.23 1129.22 1188.00 1572.17 1039.69 1083.17 1204.89 1238.67 1565.96 1690.65 1348.11 -308.42
1 Bed 3 Bed 3 Bed AllAll Efficiency 1 Bed
Average Rent for Apartment Building/Community Features and Amenities in Boulder/Broomfield Counties(In Dollars)
With Feature/Amenity Without Feature/Amenity
Feature/Amenity Efficiency
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 38359 38745 37697483 179 386 788 1836
38180 38359 38745 39533 395336.7% 4.4% 3.3% 7.2% 7.2%
35617 36669 37483 36699 366992563 1690 1262 2834 2834-803 1053 813 -784 279
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 38745 788 39533
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 1st 2nd 3rd 4th
SizeUp to 8 0.0 6.5 15.6 0.09 - 50 3.3 4.7 15.9 0.051-99 1.8 8.3 3.1 2.3100 - 199 2.7 4.4 8.1 1.8200 to 349 3.1 5.8 5.6 3.8350 up 5.2 7.1 5.1 2.9
AgeTo 1959 0.0 6.7 30.4 0.01960-69 2.0 2.9 6.1 0.91970-79 2.7 5.2 6.7 3.21980-89 2.9 6.6 5.7 3.01990-99 3.7 6.0 7.0 4.32000-04 4.2 5.6 3.6 3.22005 up 3.6 6.1 7.3 3.1
Market AreaBoulder - Other 3.6 5.5 5.5 4.9Broomfield 4.0 6.0 4.7 3.9Boulder - Except Univ. 1.8 4.2 12.8 0.6Boulder - Univ. Area 3.9 9.5 5.8 2.9Longmont 3.6 6.2 5.3 3.0
County Average 3.4 5.9 6.4 3.2
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
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 8 0.0% 8 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$426 to $450$451 to $475$476 to $500 2 0.0% 2 0.0%$501 to $525$526 to $550$551 to $575 1 0.0% 1 0.0%$576 to $600 1 0.0% 1 0.0%$601 to $625$626 to $650 8 0.0% 8 0.0%$651 to $675 7 0.0% 7 0.0%$676 to $700 1 0.0% 10 0.0% 11 0.0%$701 to $725 2 0.0% 2 0.0%$726 to $750 7 0.0% 2 0.0% 1 0.0% 10 0.0%$751 to $775 2 0.0% 2 0.0%$776 to $800 6 0.0% 1 183 0.5% 1 0.0% 1 0.0% 1 191 0.5%$801 to $825 5 0.0% 1 0.0% 1 0.0% 7 0.0%$826 to $850 3 0.0% 5 0.0% 1 0.0% 1 0.0% 10 0.0%$851 to $875 19 0.0% 3 130 2.3% 3 149 2.0%$876 to $900 3 0.0% 83 0.0% 6 0.0% 1 0.0% 93 0.0%$901 to $925 1 58 1.7% 2 302 0.7% 2 0.0% 1 0.0% 3 363 0.8%$926 to $950 2 82 2.4% 44 0.0% 1 0.0% 1 0.0% 2 128 1.6%$951 to $975 1 0.0% 113 0.0% 1 104 1.0% 2 0.0% 1 220 0.5%$976 to $1000 1 0.0% 41 0.0% 2 247 0.8% 2 289 0.7%$1001 to 1025 1 0.0% 6 211 2.8% 8 0.0% 6 220 2.7%$1026 to 1050 1 0.0% 5 301 1.7% 5 0.0% 12 0.0% 1 0.0% 5 320 1.6%$1051 to 1075 101 0.0% 2 31 6.5% 1 0.0% 2 133 1.5%$1076 to 1100 3 28 10.7% 25 395 6.3% 11 0.0% 104 0.0% 28 538 5.2%$1101 to 1125 2 70 2.9% 3 90 3.3% 9 0.0% 5 169 3.0%$1126 to 1150 4 110 3.6% 6 0.0% 4 116 3.4%$1151 to 1175 18 0.0% 6 207 2.9% 7 0.0% 6 232 2.6%$1176 to 1200 10 476 2.1% 16 305 5.2% 6 0.0% 26 787 3.3%$1201 to 1225 20 0.0% 5 173 2.9% 16 0.0% 2 48 4.2% 7 257 2.7%$1226 to 1250 2 5 40.0% 13 0.0% 6 118 5.1% 8 136 5.9%$1251 to 1275 4 202 2.0% 30 0.0% 3 157 1.9% 7 389 1.8%$1276 to 1300 6 172 3.5% 1 119 0.8% 7 291 2.4%$1301 to 1325 12 218 5.5% 1 21 4.8% 1 30 3.3% 14 269 5.2%$1326 to 1350 6 170 3.5% 2 56 3.6% 28 0.0% 36 0.0% 8 290 2.8%$1351 to 1375 170 372 45.7% 2 43 4.7% 120 0.0% 172 535 32.1%$1376 to 1400 4 0.0% 17 167 10.2% 4 0.0% 17 175 9.7%$1401 to 1425 2 54 3.7% 4 115 3.5% 48 0.0% 6 217 2.8%$1426 to 1450 12 175 6.9% 3 38 7.9% 12 148 8.1% 27 361 7.5%$1451 to 1475 1 0.0% 11 202 5.4% 11 203 5.4%$1476 to 1400 12 32 37.5% 1 0.0% 1 0.0% 20 229 8.7% 1 0.0% 32 264 12.1%$1501 to 1525 33 851 3.9% 33 851 3.9%$1526 to 1550 2 57 3.5% 2 57 3.5%$1551 to 1575 1 3 33.3% 1 3 33.3%$1576 to 1500 16 196 8.2% 1 3 33.3% 17 199 8.5%$1601 to 1625 5 68 7.4% 5 68 7.4%$1626 to 1650 3 4 75.0% 1 0.0% 24 0.0% 9 0.0% 3 38 7.9%$1651 to 1675 5 20 25.0% 18 252 7.1% 1 30 3.3% 24 302 7.9%$1676 to 1600 1 4 25.0% 16 0.0% 126 211 59.7% 2 10 20.0% 129 241 53.5%$1701 to 1725 20 63 31.7% 2 30 6.7% 22 93 23.7%$1726 to 1750 16 111 14.4% 16 111 14.4%$1751 to 1775$1776 to 1800 3 0.0% 9 0.0% 2 44 4.5% 2 56 3.6%$1801 to 1825 12 0.0% 12 0.0%$1826 to 1850 60 0.0% 4 118 3.4% 4 178 2.2%$1851 to 1875 1 65 1.5% 1 65 1.5%$1876 to 1900 3 0.0% 3 0.0%$1901 to 1926 8 0.0% 8 0.0%$1926 to 1950 22 0.0% 22 0.0%$1951 to 1975$1976 to 2000 26 0.0% 26 0.0%$2000 and up 3 144 2.1% 53 189 28.0% 42 0.0% 56 375 14.9%TOTALS 19 204 9.3% 313 4642 6.7% 55 1547 3.6% 321 3114 10.3% 11 397 2.8% 6 208 2.9% 725 10112 7.2%
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
Vacancy Rates During the Current QuarterBoulder/Broomfield County
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 1 56 1.8% 1 56 1.8%$926 to $950 1 0.0% 1 0.0%$951 to $975 $976 to $1000 26 0.0% 26 0.0%$1001 to 1025$1026 to 1050$1051 to 1075 1 0.0% 1 0.0%$1076 to 1100 1 0.0% 1 0.0%$1101 to 1125$1126 to 1150 3 90 3.3% 3 90 3.3%$1151 to 1175 1 56 1.8% 1 56 1.8%$1176 to 1200 10 358 2.8% 3 18 16.7% 13 376 3.5%$1201 to 1225$1226 to 1250$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350 26 0.0% 26 0.0%$1351 to 1375 4 124 3.2% 2 30 6.7% 6 154 3.9%$1376 to 1400 15 108 13.9% 15 108 13.9%$1401 to 1425$1426 to 1450 11 64 17.2% 11 64 17.2%$1451 to 1475 8 128 6.3% 8 128 6.3%$1476 to 1400$1501 to 1525 25 626 4.0% 25 626 4.0%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 4 27 14.8% 4 27 14.8%$1626 to 1650 9 0.0% 9 0.0%$1651 to 1675$1676 to 1600$1701 to 1725$1726 to 1750$1751 to 1775$1776 to 1800$1801 to 1825$1826 to 1850 4 118 3.4% 4 118 3.4%$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 0.0% 2 0.0%TOTALS 1 56 1.8% 18 657 2.7% 20 158 12.7% 44 844 5.2% 8 147 5.4% 9 0.0% 91 1871 4.9%
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
Two Bedroom
One Bathroom
Two Bedroom
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 8 0.0% 8 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$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$776 to $800 1 174 0.6% 1 0.0% 1 175 0.6%$801 to $825$826 to $850$851 to $875 3 118 2.5% 3 118 2.5%$876 to $900 6 0.0% 6 0.0%$901 to $925$926 to $950 43 0.0% 43 0.0%$951 to $975 1 104 1.0% 1 104 1.0%$976 to $1000 2 161 1.2% 2 161 1.2%$1001 to 1025 2 48 4.2% 8 0.0% 2 56 3.6%$1026 to 1050 3 109 2.8% 4 0.0% 12 0.0% 1 0.0% 3 126 2.4%$1051 to 1075 2 0.0% 2 0.0%$1076 to 1100 17 254 6.7% 8 0.0% 17 262 6.5%$1101 to 1125 2 0.0% 2 0.0%$1126 to 1150$1151 to 1175 18 0.0% 5 141 3.5% 5 159 3.1%$1176 to 1200 24 0.0% 13 179 7.3% 6 0.0% 13 209 6.2%$1201 to 1225 3 132 2.3% 2 48 4.2% 5 180 2.8%$1226 to 1250 6 70 8.6% 6 70 8.6%$1251 to 1275 4 200 2.0% 4 200 2.0%$1276 to 1300 6 151 4.0% 6 151 4.0%$1301 to 1325 12 201 6.0% 1 16 6.3% 13 217 6.0%$1326 to 1350 6 170 3.5% 2 50 4.0% 8 220 3.6%$1351 to 1375 166 248 66.9% 116 0.0% 166 364 45.6%$1376 to 1400$1401 to 1425 2 52 3.8% 4 112 3.6% 48 0.0% 6 212 2.8%$1426 to 1450 12 143 8.4% 3 30 10.0% 15 173 8.7%$1451 to 1475$1476 to 1400 18 201 9.0% 18 201 9.0%$1501 to 1525 8 225 3.6% 8 225 3.6%$1526 to 1550 2 30 6.7% 2 30 6.7%$1551 to 1575$1576 to 1500 16 196 8.2% 16 196 8.2%$1601 to 1625 1 24 4.2% 1 24 4.2%$1626 to 1650$1651 to 1675 18 252 7.1% 18 252 7.1%$1676 to 1600 123 176 69.9% 123 176 69.9%$1701 to 1725 2 30 6.7% 2 30 6.7%$1726 to 1750 16 111 14.4% 16 111 14.4%$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 26 0.0% 26 0.0%$2000 and up 6 0.0% 6 0.0%TOTALS 19 0.0% 240 2113 11.4% 26 696 3.7% 211 1519 13.9% 1 118 0.8% 2 31 6.5% 480 4496 10.7%
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
One BedroomEfficiencies
Vacancy Rates During the Current QuarterBroomfield
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$751 to $775$776 to $800$801 to $825$826 to $850 2 0.0% 2 0.0%$851 to $875 1 0.0% 1 0.0%$876 to $900 11 0.0% 11 0.0%$901 to $925 2 291 0.7% 2 291 0.7%$926 to $950 5 0.0% 5 0.0%$951 to $975 4 0.0% 4 0.0%$976 to $1000 6 0.0% 6 0.0%$1001 to 1025 1 0.0% 1 99 1.0% 1 100 1.0%$1026 to 1050 1 177 0.6% 1 177 0.6%$1051 to 1075 4 0.0% 1 0.0% 5 0.0%$1076 to 1100 48 0.0% 2 0.0% 50 0.0%$1101 to 1125 1 26 3.8% 3 88 3.4% 9 0.0% 4 123 3.3%$1126 to 1150 2 0.0% 6 0.0% 8 0.0%$1151 to 1175 7 0.0% 7 0.0%$1176 to 1200 108 0.0% 108 0.0%$1201 to 1225 20 0.0% 11 0.0% 31 0.0%$1226 to 1250 12 0.0% 2 0.0% 14 0.0%$1251 to 1275 21 0.0% 21 0.0%$1276 to 1300 18 0.0% 93 0.0% 111 0.0%$1301 to 1325 16 0.0% 4 0.0% 20 0.0%$1326 to 1350 5 0.0% 5 0.0%$1351 to 1375 8 0.0% 4 0.0% 12 0.0%$1376 to 1400 8 0.0% 3 0.0% 11 0.0%$1401 to 1425 1 0.0% 1 0.0%$1426 to 1450 32 0.0% 8 0.0% 40 0.0%$1451 to 1475$1476 to 1400 12 32 37.5% 4 0.0% 1 0.0% 12 37 32.4%$1501 to 1525$1526 to 1550 27 0.0% 27 0.0%$1551 to 1575$1576 to 1500 1 3 33.3% 1 3 33.3%$1601 to 1625 1 0.0% 1 0.0%$1626 to 1650 3 4 75.0% 24 0.0% 3 28 10.7%$1651 to 1675 5 20 25.0% 5 20 25.0%$1676 to 1600 1 4 25.0% 3 35 8.6% 2 10 20.0% 6 49 12.2%$1701 to 1725 20 63 31.7% 20 63 31.7%$1726 to 1750$1751 to 1775$1776 to 1800 3 0.0% 9 0.0% 2 44 4.5% 2 56 3.6%$1801 to 1825 12 0.0% 12 0.0%$1826 to 1850 60 0.0% 60 0.0%$1851 to 1875 1 65 1.5% 1 65 1.5%$1876 to 1900 3 0.0% 3 0.0%$1901 to 1926 8 0.0% 8 0.0%$1926 to 1950 22 0.0% 22 0.0%$1951 to 1975$1976 to 2000$2000 and up 36 95 37.9% 32 0.0% 36 127 28.3%TOTALS 15 57 26.3% 32 901 3.6% 3 451 0.7% 39 228 17.1% 1 45 2.2% 4 64 6.3% 94 1746 5.4%
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 QuarterBoulder - Except University
One BedroomEfficiencies
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 1 0.0% 1 0.0%$726 to $750$751 to $775$776 to $800 6 0.0% 6 0.0%$801 to $825 5 0.0% 5 0.0%$826 to $850 3 0.0% 2 0.0% 5 0.0%$851 to $875 19 0.0% 11 0.0% 30 0.0%$876 to $900 3 0.0% 6 0.0% 9 0.0%$901 to $925 2 0.0% 11 0.0% 13 0.0%$926 to $950 11 0.0% 11 0.0%$951 to $975 1 0.0% 109 0.0% 110 0.0%$976 to $1000 1 0.0% 9 0.0% 10 0.0%$1001 to 1025 28 0.0% 28 0.0%$1026 to 1050 1 0.0% 1 7 14.3% 1 0.0% 1 9 11.1%$1051 to 1075 12 0.0% 12 0.0%$1076 to 1100 12 0.0% 12 0.0%$1101 to 1125 7 0.0% 7 0.0%$1126 to 1150 1 18 5.6% 1 18 5.6%$1151 to 1175 10 0.0% 10 0.0%$1176 to 1200 94 0.0% 94 0.0%$1201 to 1225 1 0.0% 5 0.0% 6 0.0%$1226 to 1250 2 5 40.0% 1 0.0% 2 6 33.3%$1251 to 1275 2 0.0% 9 0.0% 11 0.0%$1276 to 1300 3 0.0% 7 0.0% 10 0.0%$1301 to 1325 1 0.0% 1 0.0% 2 0.0%$1326 to 1350 1 0.0% 2 0.0% 3 0.0%$1351 to 1375 5 0.0% 5 0.0%$1376 to 1400 4 0.0% 3 0.0% 1 0.0% 8 0.0%$1401 to 1425 1 0.0% 3 0.0% 4 0.0%$1426 to 1450$1451 to 1475 1 0.0% 2 0.0% 3 0.0%$1476 to 1400 1 0.0% 1 0.0% 2 0.0%$1501 to 1525$1526 to 1550$1551 to 1575 1 3 33.3% 1 3 33.3%$1576 to 1500$1601 to 1625$1626 to 1650 1 0.0% 1 0.0%$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$1951 to 1975$1976 to 2000$2000 and up 3 144 2.1% 17 94 18.1% 2 0.0% 20 240 8.3%TOTALS 41 0.0% 7 509 1.4% 1 56 1.8% 17 102 16.7% 2 0.0% 25 710 3.5%
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
Two Bedroom
One Bathroom
Two Bedroom
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 1 0.0% 1 0.0%$576 to $600 1 0.0% 1 0.0%$601 to $625$626 to $650 8 0.0% 8 0.0%$651 to $675 7 0.0% 7 0.0%$676 to $700 10 0.0% 10 0.0%$701 to $725$726 to $750 7 0.0% 2 0.0% 1 0.0% 10 0.0%$751 to $775 2 0.0% 2 0.0%$776 to $800 8 0.0% 1 0.0% 9 0.0%$801 to $825 1 0.0% 1 0.0%$826 to $850 1 0.0% 1 0.0% 1 0.0% 3 0.0%$851 to $875$876 to $900 66 0.0% 1 0.0% 67 0.0%$901 to $925 2 0.0% 1 0.0% 3 0.0%$926 to $950 2 65 3.1% 1 0.0% 1 0.0% 1 0.0% 2 68 2.9%$951 to $975 2 0.0% 2 0.0%$976 to $1000 86 0.0% 86 0.0%$1001 to 1025 3 36 8.3% 3 36 8.3%$1026 to 1050 8 0.0% 8 0.0%$1051 to 1075 85 0.0% 2 28 7.1% 2 113 1.8%$1076 to 1100 3 28 10.7% 8 81 9.9% 104 0.0% 11 213 5.2%$1101 to 1125 1 37 2.7% 1 37 2.7%$1126 to 1150$1151 to 1175$1176 to 1200$1201 to 1225 2 40 5.0% 2 40 5.0%$1226 to 1250 46 0.0% 46 0.0%$1251 to 1275 3 157 1.9% 3 157 1.9%$1276 to 1300 1 19 5.3% 1 19 5.3%$1301 to 1325 1 30 3.3% 1 30 3.3%$1326 to 1350 36 0.0% 36 0.0%$1351 to 1375$1376 to 1400 2 48 4.2% 2 48 4.2%$1401 to 1425$1426 to 1450 1 84 1.2% 1 84 1.2%$1451 to 1475 3 72 4.2% 3 72 4.2%$1476 to 1400 2 24 8.3% 2 24 8.3%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 16 0.0% 16 0.0%$1626 to 1650$1651 to 1675 1 30 3.3% 1 30 3.3%$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 31 9.7% 16 462 3.5% 5 186 2.7% 10 421 2.4% 1 85 1.2% 104 0.0% 35 1289 2.7%
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
One BedroomEfficiencies
Vacancy Rates During the Current QuarterLongmont
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
14 Q1
14 Q2
14 Q3
14 Q4
0
500
1000
1500
2000
2500
3000
3500
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
Efficiency 1 Bed
2 Bed, 1 Bath 2 Bed, 2 Bath
3 Bed All
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1 14 Q2
14 Q3 14 Q4
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 Denver County
14 Q1
14 Q2
14 Q3
14 Q4
VI-5
90000
95000
100000
105000
110000
11500096
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
14 Q
4
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
1577
124
764
1240
890
0
200
400
600
800
1000
1200
1400
1600
1800
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
314
Q4
Num
ber o
f Apa
rtm
ent U
nits
Year
New Apartment Units Added by Year for Denver County
VI-6
0
5
10
15
20
25
30
35
40
45
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
14 Q1 14 Q2
14 Q3 14 Q4
VI-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 Denver County
14 Q1
14 Q2
14 Q3
14 Q4
$822.50 $969.57
$1,203.89
$1,475.93
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 6.9*
-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 -2.3 1.38.1 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 5.2 5.58.3 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 4.5
-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 -1.8 -6.48.5 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 5.5
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 6.8-3.2 -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 -0.3 0.611.3 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 5.0 5.111.4 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 4.2
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 -0.8 -1.111.2 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 4.3 4.111.7 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 2.4
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 -0.9 -0.88.3 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 3.8 3.68.3 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 3.5 3.31.5 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 -3.0
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 4.4 3.68.8 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 3.1
-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 -1.2 -0.88.8 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 5.9
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 7.1 5.7-2.7 -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 -2.9 -0.713.8 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 10.0
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 3.8-2.0 -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 0.0 -0.67.6 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 3.7 3.66.9 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 1.8 2.81.5 -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 -1.6 -1.17.1 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 4.1
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 3.2 1.85.8 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 -2.8
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 3.4 2.79.2 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 4.6
-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 0.09.4 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 5.8
20122011
Denver-Far SE
2010
Denver-Central/Capitol Hill
Denver-West Central
Denver-Northwest
2005
Denver-Northeast
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-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
2009200820072006
VI-9
1st 2nd 3rd 4th 1st 2nd 3rd 4th
Up to 8 0.0 2.3 0.0 0.0 499 below 2.8 4.5 2.4 2.09 to 50 2.3 4.4 2.3 3.6 500 to 749 8.0 8.3 2.1 3.951 to 99 2.7 4.1 2.2 2.9 750 to 999 8.2 6.4 2.7 13.4*100 to199 4.7 6.3 2.6 19.2* 1000 above 3.8 1.6 2.8 19.6*200 to 349 28.2 25.3 2.3 3.4350 upUp to 8 499 below 0.0 4.6 1.3 0.09 to 50 0.0 8.0 0.0 0.0 500 to 749 24.7* 15.8 5.4 4.451 to 99 750 to 999 6.2 5.2 2.3 3.8100 to 199 4.2 2.4 1.6 2.1 1000 above 10.0* 6.7 6.0 5.9200 to 349 18.3* 12.8 5.0 5.3350 up 3.6 5.2 4.3 4.1Up to 8 25.0 499 below 0.0 0.09 to 50 5.0 0.0 0.0 2.3 500 to 749 4.5 4.5 4.2 4.251 to 99 3.8 3.9 0.0 6.2 750 to 999 6.1 3.6 2.6 9.6100 to 199 4.2 5.7 4.7 3.6 1000 above 6.5 4.6 4.8 9.8200 to 349 4.9 6.0 4.6 9.5350 up 6.5 3.4 7.2Up to 8 0.0 0.0 499 below 3.2 3.2 2.2 0.69 to 50 0.0 0.0 500 to 749 6.1 3.7 3.2 3.451 to 99 750 to 999 5.4 4.2 2.7 5.2100 to 199 4.3 5.2 5.0 5.5 1000 above 3.4 2.4 4.1 4.6200 to 349 6.4 3.2 3.2 3.8350 up 5.2 3.4 2.7 4.0Up to 8 0.0 0.0 0.0 499 below 5.3 4.6 3.2 3.39 to 50 5.3 6.6 4.0 3.2 500 to 749 11.3 7.2 1.1 0.851 to 99 21.7 5.7 0.0 0.0 750 to 999 4.8 3.8 1.1 0.6100 to 199 5.7 2.6 3.1 1000 above 4.1 2.0 4.9 6.9200 to 349 2.1 2.9 1.7350 upUp to 8 0.0 499 below9 to 50 7.7 15.4 500 to 749 3.1 2.7 3.5 2.651 to 99 750 to 999 3.6 5.2 2.8 3.5100 to 199 40.0 3.4 2.1 1000 above 1.9 6.4 4.3 4.0200 to 349 2.1 3.2 4.4 9.9350 up 3.1 3.1 3.4 2.2Up to 8 0.0 0.0 0.0 0.0 499 below 3.7 7.4 0.0 2.39 to 50 2.4 7.2 0.0 1.1 500 to 749 9.3 4.7 3.5 3.851 to 99 23.3* 5.5 6.8 9.6 750 to 999 46.6* 27.0 1.4 2.7100 to 199 26.8* 15.8 2.5 2.5 1000 above 37.5* 28.1 3.1 0.0200 to 349350 upUp to 8 0.0 11.1 11.1 22.2 499 below 5.3 21.0 10.5 5.39 to 50 7.4 21.5 11.0 6.9 500 to 749 12.1 13.5 10.3 4.851 to 99 0.0 750 to 999 4.6 9.7 1.4 1.7100 to 199 8.4 2.8 6.5 1000 above 10.2 25.4 7.1 11.1200 to 349 6.6 28.0 1.6 0.4350 up 12.9 9.9 10.7 7.7Up to 8 499 below 0.0 1.3 3.9 2.09 to 50 0.0 4.2 500 to 749 3.7 3.8 3.4 3.251 to 99 3.5 1.7 1.7 3.5 750 to 999 2.9 3.5 3.6 3.7100 to 199 5.0 4.0 4.1 5.4 1000 above 4.6 2.5 4.4 6.0200 to 349 3.0 3.6 3.7 3.8350 up 3.4 2.8 3.4 1.3Up to 8 0.0 0.0 0.0 0.0 499 below 5.1 1.8 0.9 1.39 to 50 3.9 3.9 2.0 2.0 500 to 749 4.0 1.8 0.7 2.251 to 99 7.4 3.7 5.7 5.6 750 to 999 12.7 2.1 2.6 3.2100 to 199 4.7 2.2 1.8 0.6 1000 above 18.3 1.4 2.8 3.8200 to 349 13.1 1.8 1.9 3.7350 up 0.5 1.1 0.3 0.5Up to 8 0.0 0.0 0.0 499 below 4.3 4.3 5.2 3.09 to 50 0.0 0.0 0.0 0.0 500 to 749 2.2 0.8 0.8 0.051 to 99 750 to 999 0.0 0.0 0.0100 to 199 8.0 8.8 10.4 5.6 1000 above 0.0 0.0 0.0 0.0200 to 349 1.3 0.0 0.0 0.0350 upUp to 8 0.8 2.2 1.3 2.4 499 below 3.3 4.9 3.1 2.29 to 50 3.3 7.6 3.5 3.7 500 to 749 7.8 5.9 3.6 3.551 to 99 5.1 4.1 2.5 3.5 750 to 999 6.4 4.9 2.6 5.1100 to 199 6.7 6.6 3.5 7.3 1000 above 6.9 6.7 4.8 6.9200 to 349 10.6 7.2 3.4 4.4350 up 4.7 3.9 3.7 4.0
* vacancy rate affected by new units leasing up
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
Denver-Southwest
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-Downtown
Denver-East Central/Lowry
CountyDenver-Central/Capitol Hill
Denver-Central/Capitol Hill
Square Feet in UnitCountyNumber of Units
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
VI-10
County Year 1st 2nd 3rd 4th 1st 2nd 3rd 4thTo 1959 9.4 8.1 2.3 2.8 Efficiency 4.1 3.6 2.5 2.01960-69 2.6 5.2 2.1 3.5 1 Bed 6.4 7.5 2.4 6.8*1970-79 3.1 3.7 1.0 2.8 2 Bed, 1 Bath 10.2 7.3 0.9 3.51980-89 12.0 13.7 2 Bed, 2 Bath 5.5 3.2 4.1 16.8*1990-99 3 Bed 0.0 0.0 5.0 38.2*2000-04 0.0 0.0 0.0 Other 0.0 100*2005 up 4.2 0.9 3.8 23.4* All 6.4 6.5 2.3 6.9To 1959 0.0 16.7 0.0 0.0 Efficiency 13.8* 7.5 2.6 3.91960-69 0.0 3.1 1 Bed 11.7* 8.6 4.4 4.61970-79 1.8 0.5 2 Bed, 1 Bath 13.7 7.7 4.9 7.01980-89 4.5 7.9 5.5 4.8 2 Bed, 2 Bath 11.0* 8.4 4.8 4.31990-99 9.1 4.0 3 Bed 5.2 0.0 4.1 1.42000-04 5.5 2.8 3.2 4.0 Other 3.8 2.7 12.5 20.02005 up 23.0* 13.0 4.1 5.5 All 11.8* 7.7 4.3 4.5To 1959 3.5 0.0 0.0 0.0 Efficiency 3.7 5.9 4.31960-69 1.2 1 Bed 4.5 4.3 4.2 4.01970-79 5.7 6.4 4.6 10.1 2 Bed, 1 Bath 6.6 3.7 2.6 9.51980-89 2.1 2.1 0.0 1.0 2 Bed, 2 Bath 5.9 4.7 5.0 9.71990-99 4.8 4.1 5.1 3 Bed 8.8 4.1 4.5 9.42000-04 6.5 4.0 4.7 7.4 Other2005 up All 5.5 4.3 3.8 6.8To 1959 0.0 0.0 Efficiency 7.9 4.2 3.1 2.71960-69 0.0 1 Bed 5.7 3.8 3.1 4.21970-79 4.8 3.1 2.3 2.9 2 Bed, 1 Bath 4.9 3.6 2.4 3.81980-89 6.4 4.7 5.0 7.3 2 Bed, 2 Bath 4.2 3.2 3.7 4.61990-99 3.7 4.2 7.7 3 Bed 1.9 1.6 0.0 4.62000-04 Other 5.0 0.0 10.0 6.32005 up 6.0 3.6 3.7 4.6 All 5.2 3.6 3.2 4.2To 1959 1.7 1.8 2.7 0.0 Efficiency 8.2 5.0 5.0 3.41960-69 15.0 10.7 7.5 5.8 1 Bed 5.2 4.3 1.0 1.11970-79 2 Bed, 1 Bath 7.1 8.3 8.3 0.01980-89 2 Bed, 2 Bath 5.9 3.0 4.3 6.31990-99 3 Bed 5.3 0.0 0.0 0.02000-04 0.0 Other 0.02005 up 5.9 3.2 1.3 2.4 All 5.7 4.1 2.2 2.4To 1959 0.0 7.7 15.4 Efficiency 1.3 3.0 5.9 1.51960-69 1 Bed 3.3 5.0 3.2 3.51970-79 3.4 2.8 2.9 1.8 2 Bed, 1 Bath 4.7 2.8 3.4 2.31980-89 2 Bed, 2 Bath 1.8 6.9 4.2 3.61990-99 2.1 3.2 4.4 9.9 3 Bed 1.7 2.3 1.5 12.92000-04 2.6 3.7 5.0 3.2 Other 0.0 0.0 0.02005 up 40.0 3.4 2.1 All 2.9 4.8 3.5 3.3To 1959 0.0 3.3 0.0 0.0 Efficiency 18.5* 12.3 0.0 3.61960-69 5.0 10.0 0.0 0.0 1 Bed 24.9* 12.4 3.6 3.01970-79 0.0 0.0 0.0 0.0 2 Bed, 1 Bath 8.1* 10.8 0.0 1.91980-89 2.1 2.1 3.5 3.5 2 Bed, 2 Bath 18.5* 15.4 3.1 4.61990-99 3 Bed2000-04 Other 0.0 3.2 0.0 3.22005 up 35.4* 18.8 2.9 3.9 All 19.9* 12.0 2.6 3.1To 1959 0.0 0.0 0.0 0.0 Efficiency 12.0 10.8 13.4 9.21960-69 8.3 16.3 8.2 5.9 1 Bed 8.4 12.7 6.0 2.41970-79 0.0 2.7 0.0 0.0 2 Bed, 1 Bath 7.2 12.6 10.0 7.41980-89 8.8 9.9 7.5 5.6 2 Bed, 2 Bath 19.5 14.7 5.3 10.21990-99 3 Bed 1.1 45.0 8.5 14.32000-04 Other 0.0 43.7 3.0 17.62005 up 9.5 29.6 4.3 14.3 All 8.8 18.4 7.1 5.7To 1959 0.9 0.9 2.7 1.8 Efficiency 0.0 1.4 3.5 2.11960-69 5.8 3.3 4.2 2.5 1 Bed 3.5 4.0 3.1 3.31970-79 3.5 3.8 3.5 3.7 2 Bed, 1 Bath 3.8 3.2 3.7 5.41980-89 2.4 3.0 3.6 5.3 2 Bed, 2 Bath 3.1 2.8 4.8 4.01990-99 3.2 1.6 1.6 0.0 3 Bed 6.7 0.0 6.7 0.02000-04 Other 0.0 0.0 14.3 0.02005 up All 3.5 3.4 3.6 3.8To 1959 5.6 5.6 2.8 2.8 Efficiency 3.9 2.4 1.0 1.51960-69 4.7 2.2 1.8 0.6 1 Bed 10.6 1.7 1.4 2.41970-79 4.5 2.9 1.9 2.6 2 Bed, 1 Bath 3.4 2.8 2.2 2.71980-89 2.6 1.2 1.4 2.8 2 Bed, 2 Bath 14.1 1.0 2.3 4.11990-99 3 Bed 6.3 12.5 6.32000-04 Other2005 up 51.0 2.7 4.7 All 9.9 1.9 1.8 2.8To 1959 0.0 0.0 0.0 Efficiency 7.0 5.3 12.3 5.31960-69 3.5 3.0 3.6 1.9 1 Bed 3.2 4.0 2.8 2.31970-79 0.0 0.0 0.0 2 Bed, 1 Bath 2.3 0.8 0.8 0.01980-89 2 Bed, 2 Bath 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 3.1 2.7 3.2 1.8To 1959 7.9 7.3 2.3 2.4 Efficiency 8.3 5.6 3.6 3.31960-69 4.2 6.0 3.7 3.3 1 Bed 7.1 5.6 3.2 4.21970-79 4.2 3.3 2.6 3.3 2 Bed, 1 Bath 5.7 4.3 3.2 4.51980-89 5.1 5.0 4.5 5.3 2 Bed, 2 Bath 7.2 5.4 4.2 5.61990-99 3.3 3.6 6.7 5.7 3 Bed 3.7 8.5 3.7 8.32000-04 5.1 3.4 3.7 4.7 Other 1.3 13.7 5.1 12.32005 up 17.8 12.8 3.6 8.1 All 6.8 5.6 3.5 4.6
* vacancy rate affected by new units leasing up
Den
ver C
ount
y
2014
Vacancy Rates by Age of Buildingby Market Area for Denver County
(In Percent) (In Percent)by Market Area for Denver CountyVacancy Rates by Apartment Type
Den
ver-N
orth
C
entra
l/City
Par
kD
enve
r-Sou
thea
stD
enve
r-Sou
th
Cen
tral/W
ash
Park
Den
ver-N
orth
wes
t
Den
ver-
Cen
tral/C
apito
l Hill
Den
ver-E
ast
Cen
tral/L
owry
Den
ver-D
ownt
own
Den
ver-N
orth
C
entra
l/City
Par
k
Den
ver-N
orth
east
Den
ver-W
est
Cen
tral
Den
ver-S
outh
wes
tD
enve
r-Far
SE
Den
ver-E
ast
Cen
tral/L
owry
Den
ver-D
ownt
own
Apartment Type
County
Den
ver-
Cen
tral/C
apito
l Hill
2014
Den
ver-F
ar S
ED
enve
r-Nor
thw
est
Den
ver-N
orth
east
Den
ver-S
outh
east
Den
ver-S
outh
C
entra
l/Was
h Pa
rkD
enve
r Cou
nty
Den
ver-W
est
Cen
tral
Den
ver-S
outh
wes
t
VI-11
County 1st 2nd 3rd 4th County Year Built 1st 2nd 3rd 4thDenver-Central/Capitol Hill To 1959 940.31 926.53 939.60 967.44Efficiency 741.42 722.53 788.07 817.56 1960-69 1016.49 1022.90 1013.38 1058.771 Bed 1020.83 990.06 1027.78 1088.75 1970-79 1013.63 989.23 1086.09 1106.532 Bed, 1 Bath 1233.85 1247.11 1281.10 1338.47 1980-89 1490.36 1738.892 Bed, 2 Bath 1562.86 1649.77 1571.19 1824.96 1990-993 Bed 1637.00 1706.52 1770.10 2297.65 2000-04 1440.91 1441.00 1425.00All 1056.15 1029.29 1054.51 1145.04 2005 up 1503.23 1512.06 1552.91 1690.10Denver-Downtown Denver-Downtown To 1959 875.00 950.00 901.00 1323.72Efficiency 1253.13 1476.21 1191.10 1253.47 1960-69 818.75 843.751 Bed 1447.70 1512.54 1435.60 1482.27 1970-79 691.01 949.222 Bed, 1 Bath 1490.35 1248.56 1447.08 1649.42 1980-89 1361.65 1480.25 1454.34 1492.782 Bed, 2 Bath 1855.80 1915.82 1907.88 1948.46 1990-99 1633.60 1711.153 Bed 2335.78 2527.27 2764.45 2688.15 2000-04 1521.13 1643.03 1525.01 1531.33All 1557.17 1552.70 1550.82 1608.74 2005 up 1714.44 1725.35 1770.97 1780.00Denver-East Central/Lowry To 1959 1039.91 1057.00 1125.00 819.03Efficiency 730.15 878.88 812.74 1960-69 645.301 Bed 923.41 1027.52 859.76 990.55 1970-79 869.53 942.02 997.36 932.212 Bed, 1 Bath 1028.72 1103.86 1080.62 1124.78 1980-89 724.22 720.83 684.64 696.882 Bed, 2 Bath 1381.05 1385.94 1364.00 1449.77 1990-99 1352.57 1445.64 1430.053 Bed 1671.16 1706.21 1597.27 1761.96 2000-04 1217.17 1257.02 1323.31 1322.10All 1122.89 1204.01 1052.40 1193.43 2005 upDenver-Far SE Denver-Far SE To 1959 702.35 866.67Efficiency 745.86 813.67 805.54 827.54 1960-69 1500.001 Bed 843.51 911.20 898.78 931.47 1970-79 829.61 865.98 877.25 906.162 Bed, 1 Bath 911.04 970.70 1039.90 1034.51 1980-89 979.46 1088.88 1081.66 1116.632 Bed, 2 Bath 1123.66 1264.75 1239.29 1236.46 1990-99 1228.44 1381.64 1220.003 Bed 1269.63 1419.14 1384.62 1397.58 2000-04All 931.18 1009.55 999.08 1023.03 2005 up 1245.40 1337.75 1388.53 1403.85Denver-North Central/City Park To 1959 880.12 925.88 943.88 969.15Efficiency 694.82 758.97 696.83 765.52 1960-69 916.20 866.24 942.18 868.371 Bed 1399.48 1428.95 1353.70 1420.84 1970-792 Bed, 1 Bath 1212.50 1254.17 1287.50 1199.38 1980-892 Bed, 2 Bath 2106.20 2144.83 2080.71 2069.75 1990-993 Bed 2202.16 2326.32 2205.00 1216.00 2000-04 795.14All 1499.26 1473.96 1415.01 1351.79 2005 up 1694.36 1723.83 1652.08 1802.30Denver-Northeast Denver-Northeast To 1959 842.50 780.38 918.46Efficiency 642.47 641.00 1017.00 966.00 1960-691 Bed 823.80 910.35 812.05 902.56 1970-79 735.93 815.55 776.21 831.402 Bed, 1 Bath 814.76 954.17 772.66 799.89 1980-892 Bed, 2 Bath 1161.46 1233.19 1230.23 1394.76 1990-99 1207.03 1223.19 1230.82 1210.133 Bed 1342.81 1480.53 1233.91 1549.00 2000-04 1081.19 1162.34 1085.46 1256.20All 925.45 1016.99 932.90 1033.90 2005 up 1559.81 1634.70 1617.51Denver-Northwest Denver-Northwest To 1959 869.60 879.93 906.63 896.97Efficiency 1227.31 1236.26 1325.58 1325.58 1960-69 978.83 1076.67 1142.39 1138.701 Bed 1293.71 1256.09 1307.00 1310.26 1970-79 650.00 650.00 795.00 750.002 Bed, 1 Bath 1206.68 1262.57 1306.62 1280.63 1980-89 752.57 761.46 757.60 759.382 Bed, 2 Bath 2009.37 2009.17 2028.52 2030.14 1990-993 Bed 2000-04All 1323.87 1309.91 1361.14 1360.56 2005 up 1756.19 1701.96 1753.71 1760.04Denver-South Central/Wash Park To 1959 784.87 733.33 829.33 767.73Efficiency 1146.32 1227.22 1025.23 1013.25 1960-69 849.10 949.77 1023.71 979.731 Bed 1098.83 1158.99 1045.22 1035.99 1970-79 1014.00 978.65 1050.00 1050.002 Bed, 1 Bath 1492.00 1766.02 1565.49 1571.08 1980-89 1423.60 1695.16 1456.43 1469.132 Bed, 2 Bath 2043.06 1982.90 1811.64 1865.44 1990-993 Bed 1023.37 1238.57 1099.12 3218.86 2000-04All 1265.65 1366.70 1214.03 1312.38 2005 up 1301.77 1394.65 835.55 2170.00Denver-Southeast Denver-Southeast To 1959 794.55 732.73 823.09 832.23Efficiency 621.83 662.43 786.75 683.35 1960-69 822.74 805.61 824.29 950.961 Bed 771.28 800.29 826.30 881.52 1970-79 805.49 853.46 892.82 917.552 Bed, 1 Bath 906.18 956.21 973.66 1046.96 1980-89 941.65 1023.34 993.60 1090.092 Bed, 2 Bath 997.78 1035.85 1045.32 1179.75 1990-99 1113.29 1124.87 1122.97 1124.873 Bed 1243.80 1285.47 1300.13 1284.13 2000-04All 849.10 881.94 902.78 979.37 2005 upDenver-Southwest Denver-Southwest To 1959 522.08 569.58 564.58 623.47Efficiency 571.36 578.02 566.77 556.01 1960-69 720.56 719.50 724.27 726.591 Bed 862.37 885.33 944.58 978.20 1970-79 911.99 878.69 908.48 963.192 Bed, 1 Bath 1030.29 1037.53 1073.87 1061.49 1980-89 955.24 1063.49 1096.02 1085.742 Bed, 2 Bath 1208.09 1167.97 1306.18 1317.66 1990-993 Bed 2435.00 2370.00 2471.00 2000-04All 982.70 960.24 1041.14 1069.83 2005 up 1421.25 1479.07 1463.56Denver-West Central Denver-West Central To 1959 865.00 916.67 973.33Efficiency 639.24 664.50 681.92 997.97 1960-69 702.91 709.64 723.60 876.071 Bed 676.14 679.92 702.22 894.63 1970-79 825.50 913.00 884.002 Bed, 1 Bath 759.69 766.16 766.27 790.84 1980-892 Bed, 2 Bath 2060.00 2060.00 2060.00 1990-99 766.00 766.00 776.00 776.003 Bed 898.25 930.75 946.75 912.50 2000-04All 711.90 721.18 734.48 869.81 2005 upDenver County Denver County To 1959 920.45 910.95 926.42 954.17Efficiency 920.81 1035.47 946.85 967.63 1960-69 883.22 887.41 893.56 970.781 Bed 995.39 1023.56 1020.35 1075.16 1970-79 820.95 856.07 877.54 910.962 Bed, 1 Bath 1011.01 1060.99 1072.75 1119.18 1980-89 1097.33 1211.73 1172.72 1201.992 Bed, 2 Bath 1404.81 1449.08 1451.92 1520.75 1990-99 1241.42 1314.45 1438.66 1433.333 Bed 1473.50 1575.54 1601.54 1824.68 2000-04 1345.69 1408.99 1426.85 1429.33All 1092.97 1126.83 1118.11 1183.28 2005 up 1557.09 1593.16 1563.94 1674.03
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.
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
VI-12
1st 2nd 3rd 4th County 1st 2nd 3rd 4thDenver-Central/Capitol Hill Denver-Central/Capitol HillUp to 8 742.78 781.50 835.83 769.14 Efficiency 693.69 697.73 721.00 793.609 to 50 930.50 930.31 960.03 984.93 1 Bed 945.92 937.25 960.03 1010.3551 to 99 971.49 951.07 937.09 1019.58 2 Bed, 1 Bath 1247.60 1288.00 1287.22 1335.86100 to 199 1223.16 1228.89 1206.96 1451.11 2 Bed, 2 Bath 1654.20 1671.16 1777.69 2001.74200 to 349 1307.26 1123.46 1339.06 1383.01 3 Bed 1382.00 1488.00 1738.00 2003.63350 and up All 964.00 941.80 983.55 1039.05Denver-Downtown Denver-DowntownUp to 8 Efficiency 1282.13 1464.30 1147.56 1246.129 to 50 839.00 882.00 901.00 1323.72 1 Bed 1441.42 1544.93 1422.78 1398.3351 to 99 2 Bed, 1 Bath 1346.42 1406.14 1413.62 1570.64100 to 199 1850.18 1141.43 1249.26 1319.47 2 Bed, 2 Bath 1773.44 1846.11 1836.20 1879.05200 to 349 1638.80 1707.45 1713.69 1745.95 3 Bed 2013.50 2013.50 2013.50 2012.17350 and up 1446.35 1568.21 1451.03 1478.88 All 1520.38 1580.97 1491.62 1580.72Denver-East Central/Lowry Denver-East Central/LowryUp to 8 793.75 Efficiency 829.75 912.25 932.759 to 50 896.06 1153.41 1125.00 766.50 1 Bed 955.05 1077.86 838.09 1128.1951 to 99 686.50 704.24 684.64 726.01 2 Bed, 1 Bath 943.66 1018.66 1015.75 1042.74100 to 199 1203.13 1230.88 1323.31 1295.56 2 Bed, 2 Bath 1413.48 1363.47 1363.00 1446.54200 to 349 1053.20 1094.70 997.36 1005.81 3 Bed 1703.69 1828.69 1498.00 1881.17350 and up 1277.69 1349.11 1371.20 All 1109.33 1231.56 1014.77 1150.90Denver-Far SE Denver-Far SEUp to 8 525.00 1500.00 Efficiency 691.45 707.95 726.90 748.299 to 50 799.09 866.67 1 Bed 780.48 799.99 797.44 883.5751 to 99 2 Bed, 1 Bath 885.00 909.91 977.54 985.66100 to199 867.40 948.88 909.30 975.24 2 Bed, 2 Bath 1054.80 1256.40 1235.12 1162.76200 to 349 1049.09 1168.91 1046.97 1081.89 3 Bed 1244.19 1391.36 1409.81 1393.29350 and up 913.76 972.00 998.04 1018.69 All 885.46 934.69 960.71 974.65Denver-N Central/City Park Denver-N Central/City ParkUp to 8 664.29 1500.00 671.43 Efficiency 645.74 804.00 645.35 784.689 to 50 899.68 930.84 943.43 952.96 1 Bed 1488.29 1437.85 1436.16 1370.8951 to 99 1462.50 1124.08 1546.25 1103.55 2 Bed, 1 Bath 1288.00 1282.00 1307.00 1300.00100 to199 1789.51 1903.08 1916.12 2 Bed, 2 Bath 2001.18 1999.02 2011.66 2010.62200 to 349 1675.42 1648.13 1678.54 3 Bed 2011.16 2011.16 2010.38 1280.00350 and up All 1494.40 1439.65 1437.50 1357.43Denver-Northeast Denver-NortheastUp to 8 842.50 Efficiency 568.04 568.04 1013.00 963.009 to 50 780.38 918.46 1 Bed 927.44 992.64 621.81 1026.2351 to 99 2 Bed, 1 Bath 690.06 939.81 712.53 715.84100 to199 1559.81 1634.70 1617.51 2 Bed, 2 Bath 1170.40 1224.95 1193.23 1426.89200 to 349 1207.03 1223.19 1230.82 1210.13 3 Bed 1292.05 1543.60 948.94 1538.00350 and up 858.22 938.39 844.81 952.92 All 940.78 1014.16 957.03 1047.48Denver-Northwest Denver-NorthwestUp to 8 709.38 727.91 749.77 729.17 Efficiency 1312.14 1311.57 1314.67 1314.679 to 50 1001.92 1058.26 1079.07 1072.82 1 Bed 1491.43 1461.34 1512.26 1535.5151 to 99 1631.51 1518.66 1582.74 1609.45 2 Bed, 1 Bath 1044.00 1189.24 1193.14 1189.71100 to199 1415.51 1391.66 1423.39 1423.39 2 Bed, 2 Bath 2006.18 2007.10 2007.10 2007.10200 to 349 3 Bed350 and up All 1316.77 1318.56 1387.36 1385.09Denver-S Central/Wash Park Denver-S Central/Wash ParkUp to 8 925.00 927.78 927.78 938.89 Efficiency 1279.82 1286.93 1014.20 993.549 to 50 954.67 1057.54 1010.84 1013.17 1 Bed 875.00 1087.63 916.36 924.6151 to 99 916.14 2 Bed, 1 Bath 1783.41 1864.03 1791.09 1790.74100 to199 1237.38 1361.74 1246.32 2 Bed, 2 Bath 2002.28 1773.67 1667.80 1679.69200 to 349 1091.39 1288.72 778.17 920.12 3 Bed 739.33 740.81 739.93 2011.42350 and up 1715.55 1702.01 1723.26 1725.26 All 992.80 1248.50 1001.00 1090.71Denver-Southeast Denver-SoutheastUp to 8 Efficiency 611.97 677.75 878.16 670.159 to 50 821.88 822.63 1 Bed 745.97 781.83 812.64 881.3451 to 99 960.89 970.54 976.23 963.45 2 Bed, 1 Bath 886.38 918.44 944.03 993.24100 to199 946.71 968.92 999.32 1077.93 2 Bed, 2 Bath 999.70 986.23 1015.02 1180.56200 to 349 840.77 864.55 897.99 943.09 3 Bed 1402.50 1452.50 1427.50 1452.50350 and up 792.00 863.43 774.75 1044.13 All 826.85 873.91 895.04 950.71Denver-Southwest Denver-SouthwestUp to 8 784.38 840.63 740.63 868.13 Efficiency 587.00 599.00 610.11 610.259 to 50 561.18 608.43 620.59 619.61 1 Bed 895.56 886.30 939.25 977.4051 to 99 691.67 713.24 755.05 726.67 2 Bed, 1 Bath 1056.22 1026.33 1101.80 1091.00100 to199 720.56 719.50 724.27 726.59 2 Bed, 2 Bath 1131.11 1164.67 1293.22 1218.22200 to 349 1031.28 1022.76 1145.37 1133.46 3 Bed 2013.50 2013.50 2013.50350 and up 1008.15 1035.83 1050.57 1119.52 All 925.80 943.77 1012.46 1012.79Denver-West Central Denver-West CentralUp to 8 865.00 916.67 973.33 Efficiency 660.75 685.75 710.75 1085.759 to 50 761.72 809.24 807.76 776.00 1 Bed 621.89 620.56 645.56 645.5651 to 99 2 Bed, 1 Bath 740.00 740.00 740.00 738.84100 to199 756.10 775.23 791.17 1236.16 2 Bed, 2 Bath 2013.50 2013.50 2013.50200 to 349 674.89 674.89 687.82 686.86 3 Bed 891.00 900.00 925.00 913.00350 and up All 732.47 733.79 733.79 742.45Denver County Denver CountyUp to 8 749.47 797.47 840.06 777.29 Efficiency 834.31 889.64 891.19 884.739 to 50 922.48 951.30 960.41 974.99 1 Bed 905.13 926.17 930.98 973.3551 to 99 962.17 947.85 975.22 1000.07 2 Bed, 1 Bath 903.88 983.13 986.53 1028.56100 to 199 1102.65 1133.09 1116.41 1242.20 2 Bed, 2 Bath 1249.14 1351.89 1327.40 1436.34200 to 349 1197.56 1184.64 1190.65 1255.40 3 Bed 1343.54 1495.81 1438.00 1532.10
All 972.35 1018.54 1003.56 1076.41
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
VI-13
County CountyApartment Type 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thDenver-Central/Capitol Hill Denver-Central/Capitol HillEfficiency 1.75 1.76 1.81 1.881 Bed 1.67 1.66 1.69 1.74 499 below 1.80 1.82 1.88 1.942 Bed, 1 Bath 1.51 1.52 1.57 1.63 500 to 749 1.62 1.62 1.63 1.682 Bed, 2 Bath 1.49 1.63 1.43 1.65 750 to 999 1.61 1.60 1.62 1.703 Bed 1.13 1.17 1.22 1.66 1000 above 1.37 1.31 1.41 1.64All 1.64 1.65 1.68 1.74Denver-Downtown Denver-DowntownEfficiency 1.87 1.98 1.92 1.951 Bed 1.81 1.90 1.91 1.94 499 below 2.05 1.78 2.01 2.072 Bed, 1 Bath 1.61 1.52 1.66 1.83 500 to 749 2.01 2.10 2.09 2.162 Bed, 2 Bath 1.65 1.73 1.74 1.76 750 to 999 1.77 1.86 1.80 1.823 Bed 1.36 1.41 1.69 1.66 1000 above 1.53 1.38 1.61 1.63All 1.75 1.75 1.85 1.88Denver-East Central/Lowry Denver-East Central/LowryEfficiency 1.42 1.71 1.681 Bed 1.33 1.46 1.37 1.46 499 below 2.152 Bed, 1 Bath 1.18 1.27 1.28 1.31 500 to 749 1.34 1.49 1.37 1.452 Bed, 2 Bath 1.25 1.25 1.36 1.33 750 to 999 1.22 1.30 1.28 1.353 Bed 1.27 1.29 1.26 1.34 1000 above 1.24 1.25 1.31 1.32All 1.28 1.36 1.33 1.40Denver-Far SE Denver-Far SEEfficiency 1.51 1.61 1.58 1.641 Bed 1.17 1.27 1.27 1.33 499 below 1.58 1.57 1.59 1.702 Bed, 1 Bath 1.08 1.11 1.19 1.20 500 to 749 1.20 1.28 1.29 1.362 Bed, 2 Bath 1.11 1.23 1.21 1.22 750 to 999 1.12 1.22 1.24 1.263 Bed 1.05 1.05 0.99 1.07 1000 above 1.11 1.22 1.20 1.19All 1.16 1.25 1.26 1.30Denver-N Central/City Park Denver-N Central/City ParkEfficiency 1.75 2.06 1.77 2.061 Bed 1.79 1.83 1.81 1.96 499 below 1.82 2.06 1.85 2.082 Bed, 1 Bath 1.11 1.20 1.25 1.11 500 to 749 1.90 1.94 2.08 1.832 Bed, 2 Bath 1.82 1.85 1.91 1.75 750 to 999 1.75 1.79 1.65 1.903 Bed 1.61 1.70 1.64 0.85 1000 above 1.77 1.81 1.81 1.72All 1.78 1.87 1.81 1.91Denver-Northeast Denver-NortheastEfficiency 1.09 1.09 2.00 1.901 Bed 1.19 1.31 1.22 1.33 499 below2 Bed, 1 Bath 0.98 1.16 0.95 0.99 500 to 749 1.14 1.21 1.23 1.342 Bed, 2 Bath 1.09 1.15 1.15 1.30 750 to 999 1.07 1.24 1.03 1.113 Bed 1.04 1.13 0.89 1.07 1000 above 1.11 1.18 1.17 1.29All 1.11 1.21 1.15 1.26Denver-Northwest Denver-NorthwestEfficiency 2.51 2.55 2.57 2.571 Bed 1.72 1.67 1.73 1.74 499 below 2.50 2.56 2.58 2.582 Bed, 1 Bath 1.52 1.60 1.58 1.55 500 to 749 1.65 1.62 1.67 1.682 Bed, 2 Bath 2.02 2.02 2.03 2.04 750 to 999 1.84 1.84 1.86 1.853 Bed 1000 above 1.66 1.61 1.67 1.67All 1.78 1.76 1.80 1.80Denver-S Central/Wash Park Denver-S Central/Wash ParkEfficiency 1.95 2.07 1.97 1.961 Bed 1.60 1.71 1.55 1.55 499 below 1.74 1.77 1.79 1.822 Bed, 1 Bath 1.56 1.74 1.63 1.64 500 to 749 1.72 1.72 1.79 1.772 Bed, 2 Bath 1.64 1.59 1.50 1.53 750 to 999 1.43 1.79 1.24 1.273 Bed 0.86 0.98 0.91 2.06 1000 above 1.31 1.34 1.23 1.70All 1.50 1.57 1.45 1.63Denver-Southeast Denver-SoutheastEfficiency 1.44 1.51 1.84 1.561 Bed 1.13 1.18 1.24 1.31 499 below 1.46 1.51 1.83 1.562 Bed, 1 Bath 0.99 1.06 1.11 1.17 500 to 749 1.14 1.17 1.26 1.332 Bed, 2 Bath 0.98 1.04 1.07 1.18 750 to 999 1.01 1.08 1.13 1.163 Bed 1.02 1.06 1.07 1.06 1000 above 0.99 1.05 1.02 1.21All 1.07 1.13 1.21 1.26Denver-Southwest Denver-SouthwestEfficiency 1.82 1.63 1.75 1.981 Bed 1.24 1.26 1.34 1.38 499 below 1.80 1.73 1.75 1.982 Bed, 1 Bath 1.09 1.09 1.16 1.11 500 to 749 1.28 1.27 1.30 1.342 Bed, 2 Bath 1.17 1.11 1.23 1.24 750 to 999 1.10 1.13 1.26 1.243 Bed 1.64 1.60 1.67 1000 above 1.19 1.10 1.25 1.27All 1.22 1.21 1.30 1.32Denver-West Central Denver-West CentralEfficiency 1.83 1.90 1.95 2.851 Bed 1.40 1.43 1.48 1.88 499 below 1.52 1.54 1.59 2.122 Bed, 1 Bath 1.17 1.18 1.18 1.24 500 to 749 1.19 1.19 1.19 1.242 Bed, 2 Bath 2.17 2.17 2.17 750 to 999 1.08 1.16 1.163 Bed 1.14 1.18 1.20 1.30 1000 above 0.64 0.64 0.65 0.65All 1.34 1.36 1.39 1.74Denver County Denver CountyEfficiency 1.72 1.78 1.85 1.901 Bed 1.41 1.46 1.48 1.55 499 below 1.75 1.77 1.83 1.942 Bed, 1 Bath 1.16 1.22 1.24 1.28 500 to 749 1.40 1.44 1.49 1.562 Bed, 2 Bath 1.30 1.35 1.37 1.42 750 to 999 1.32 1.40 1.38 1.433 Bed 1.12 1.17 1.16 1.31 1000 above 1.26 1.26 1.32 1.40All 1.36 1.41 1.44 1.51
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.
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 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 6.3 0.7 -1.4 -1.3 Up to 6 7.1 3.0 -0.1 1.19 - 50 7.8 -3.3 11.2 6.6 9 - 50 11.1 4.2 14.7 10.351 - 99 4.1 1.2 -0.8 5.8 51 - 99 9.2 5.3 1.7 9.3100 - 199 18.0 9.4 7.9 4.2 100 - 199 24.8 16.0 11.4 11.5200 to 349 10.0 10.4 6.8 6.6 200 to 349 20.5 17.6 10.2 11.0350 up 3.9 6.7 3.1 14.2 350 up 8.6 10.6 6.8 18.2 Age Age (year built)To 1959 12.9 6.2 10.2 5.6 To 1959 20.9 13.5 12.4 8.01960-69 3.9 -3.4 -2.3 6.9 1960-69 8.2 2.6 1.4 10.11970-79 8.3 10.6 10.9 9.5 1970-79 12.5 13.9 13.5 12.81980-89 11.9 5.5 4.4 6.3 1980-89 17.0 10.5 8.9 11.51990-99 22.2 4.9 4.3 2.4 1990-99 25.4 8.6 11.0 8.12000-04 5.0 7.5 -0.6 29.2 2000-04 10.1 10.9 3.0 33.92005 up 3.0 10.2 7.2 3.1 2005 up 20.8 23.0 10.8 11.1
Market Area Market AreaDenver-Central/Capitol Hill 8.1 8.6 7.4 1.9 Denver-Central/Capitol Hill 14.4 15.0 9.7 8.9Denver-Downtown 1.1 5.5 3.4 16.7 Denver-Downtown 12.9 13.2 7.7 21.2Denver-East Central/Lowry 6.6 7.0 12.2 3.9 Denver-East Central/Lowry 12.1 11.4 16.0 10.7Denver-Far SE 16.4 8.8 8.9 8.4 Denver-Far SE 21.6 12.4 12.1 12.6Denver-N Central/City Park 9.8 7.5 3.7 6.4 Denver-N Central/City Park 15.4 11.6 5.9 8.8Denver-Northeast 27.4 12.0 1.8 7.1 Denver-Northeast 30.3 16.8 5.4 10.4Denver-Northwest 16.9 14.2 8.1 0.5 Denver-Northwest 36.8 26.2 10.7 3.7Denver-S Central/Wash Park 3.1 8.5 -2.8 -4.5 Denver-S Central/Wash Park 11.9 27.0 4.3 1.2Denver-Southeast 3.4 5.9 5.8 11.9 Denver-Southeast 6.8 9.3 9.4 15.7Denver-Southwest 9.7 8.6 11.4 8.2 Denver-Southwest 19.6 10.5 13.2 11.1Denver-West Central -4.2 -7.0 -13.6 31.3 Denver-West Central -1.0 -4.3 -10.3 33.1
Average 9.5 8.5 5.8 9.1 Average 16.3 14.1 9.2 13.7
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
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 817.56 1088.75 1338.47 1824.96 2297.65 1571.00 1145.04Denver-Downtown 1253.47 1482.27 1649.42 1948.46 2688.15 2257.54 1608.74Denver-East Central/Lowry 812.74 990.55 1124.78 1449.77 1761.96 1193.43Denver-Far SE 827.54 931.47 1034.51 1236.46 1397.58 1260.10 1023.03Denver-N Central/City Park 765.52 1420.84 1199.38 2069.75 1216.00 848.75 1351.79Denver-Northeast 966.00 902.56 799.89 1394.76 1549.00 1033.90Denver-Northwest 1325.58 1310.26 1280.63 2030.14 701.45 1360.56Denver-S Central/Wash Park 1013.25 1035.99 1571.08 1865.44 3218.86 2758.82 1312.38Denver-Southeast 683.35 881.52 1046.96 1179.75 1284.13 739.29 979.37Denver-Southwest 556.01 978.20 1061.49 1317.66 2471.00 1069.83Denver-West Central 997.97 894.63 790.84 912.50 776.00 869.81Denver County Average 967.63 1075.16 1119.18 1520.75 1824.68 1390.41 1183.28
Buildings with up to 6 UnitsDenver-Central/Capitol Hill 650.00 733.21 1233.33 1153.33 860.71Denver-DowntownDenver-East Central/LowryDenver-Far SEDenver-N Central/City ParkDenver-NortheastDenver-Northwest 375.00 675.00 761.67 445.00 706.88Denver-S Central/Wash Park 978.57 1100.00 500.00 938.89Denver-SoutheastDenver-SouthwestDenver-West CentralDenver County Average 512.50 802.83 871.25 1153.33 472.50 822.50
Buildings with 7 to 36 UnitsDenver-Central/Capitol Hill 731.05 957.08 1261.35 1185.00 1310.71 977.47Denver-Downtown 1237.52 1657.30 1724.50 1323.72Denver-East Central/Lowry 514.17 773.75 825.00 766.50Denver-Far SE 800.00 900.00 1000.00 866.67Denver-N Central/City Park 753.25 1015.05 1199.38 870.00 1216.00 848.75 942.75Denver-Northeast 698.33 984.50 918.46Denver-Northwest 950.62 1138.18 1200.00 1117.82Denver-S Central/Wash Park 774.49 876.94 1066.50 1700.00 1350.00 2900.00 1046.92Denver-Southeast 756.50 1021.00 822.63Denver-Southwest 429.74 759.50 653.31Denver-West Central 776.00 776.00Denver County Average 718.66 939.52 1202.43 1285.21 1257.50 1496.13 969.57
Buildings with 37 and Above UnitsDenver-Central/Capitol Hill 848.82 1201.56 1413.76 1866.69 2728.54 1571.00 1251.87Denver-Downtown 1253.47 1486.58 1648.97 1948.74 2688.15 2257.54 1611.87Denver-East Central/Lowry 918.12 1021.24 1138.06 1449.77 1761.96 1225.89Denver-Far SE 827.54 931.92 1038.79 1236.46 1399.86 1260.10 1023.87Denver-N Central/City Park 778.00 1636.97 2167.03 1600.84Denver-Northeast 966.00 903.22 795.92 1394.76 1549.00 1034.62Denver-Northwest 1343.19 1328.84 1748.70 2426.34 710.00 1411.95Denver-S Central/Wash Park 1083.36 1090.20 1613.33 1876.91 3362.62 1378.06Denver-Southeast 683.35 882.62 1047.14 1179.75 1284.13 739.29 980.30Denver-Southwest 606.00 987.03 1061.49 1317.66 2471.00 1082.72Denver-West Central 997.97 894.63 790.84 912.50 876.07Denver County Average 1002.07 1092.13 1111.91 1523.25 1844.20 1370.41 1203.89
Buildings with 5 Stories and AboveDenver-Central/Capitol Hill 980.64 1302.19 1447.99 1898.44 2909.41 1571.00 1412.88Denver-Downtown 1247.30 1514.66 1643.05 1999.49 2707.00 2190.92 1644.79Denver-East Central/Lowry 600.00 700.00 800.00 825.00 980.00 760.12Denver-Far SE 986.67 1186.03 1427.00 1180.05 1400.00 1675.00 1212.63Denver-N Central/City Park 1570.17 870.00 2069.75 1090.00 848.75 1680.32Denver-NortheastDenver-Northwest 1343.19 1706.20 2044.15 2445.56 1760.04Denver-S Central/Wash Park 1195.32 1226.08 1956.57 1954.95 3362.62 2900.00 1621.18Denver-Southeast 660.34 756.62 930.93 941.00 1037.50 675.00 812.65Denver-Southwest 606.00 773.00 853.00 726.59Denver-West Central 1089.00 1303.00 1551.00 1236.16Denver County Average 1096.45 1363.69 1511.26 1811.93 1972.58 1961.82 1475.93
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 1158.63 1196.13 1358.69 1624.41 2029.35 1345.26 809.00 992.17 1011.15 1392.95 1614.50 1061.67 283.59
Patio or Balcony 1071.59 1111.90 1122.04 1527.49 1837.24 1232.51 729.54 918.73 1108.16 1184.64 1364.46 931.03 301.48
Fireplace 1082.15 1046.46 1137.40 1433.32 1803.57 1184.59 877.43 1108.53 1102.44 1722.42 1878.24 1181.62 2.97
Nine-Foot Ceilings 1204.21 1221.66 1389.39 1595.02 2071.31 1372.18 765.28 949.13 997.30 1339.02 1458.22 996.76 375.42
Swimming Pool 1045.05 1073.02 1088.02 1487.80 1826.17 1198.08 855.88 1081.23 1243.03 1946.20 1806.05 1131.99 66.09
Spa or Sauna 1093.04 1150.81 1279.78 1585.22 1947.89 1306.21 905.91 1017.77 1039.99 1425.82 1671.59 1084.41 221.79
Exercise Room 1087.84 1123.44 1131.19 1538.87 1851.60 1244.65 717.64 904.41 1068.59 1165.90 1260.52 916.78 327.88
Sport Court 937.52 948.95 1033.54 1295.27 1616.77 1066.27 972.57 1121.02 1151.94 1632.08 1913.70 1226.54 -160.27
Microwave 1184.81 1249.54 1344.65 1658.19 2126.55 1393.96 850.39 907.13 1021.91 1252.62 1396.80 980.74 413.22
Washer/Dryer Hookups 1195.91 1160.07 1121.42 1608.33 2155.49 1298.41 826.79 1013.89 1117.66 1421.18 1523.84 1093.47 204.94
Garbage Disposal 1004.15 1078.95 1117.00 1520.63 1827.50 1194.73 719.45 1023.59 1166.63 1533.86 1456.25 991.72 203.00
Dishwasher 1062.04 1098.80 1128.45 1522.44 1838.38 1219.06 735.36 897.53 1042.49 1175.81 1116.25 879.05 340.01
Air Conditioning 1041.34 1096.28 1129.49 1524.19 1847.76 1213.74 698.53 887.54 1030.60 1224.25 1172.08 878.60 335.14
Ceiling Fan 983.44 1100.35 1073.09 1532.43 1926.24 1195.25 919.28 1010.91 1190.36 1492.25 1638.49 1154.89 40.36
Attached Garage 1162.16 1325.39 1520.56 1673.02 2233.82 1455.55 909.18 1025.87 1096.66 1467.39 1652.64 1123.95 331.60
Covered Parking 1087.14 1151.22 1203.69 1557.40 1956.81 1274.05 757.56 914.59 1005.11 1347.39 1473.24 979.08 294.97
Clubhouse 1057.08 1129.72 1138.80 1554.97 1915.40 1254.70 857.85 948.42 1074.75 1295.25 1437.33 998.28 256.42
Business Center 1110.30 1138.27 1109.45 1598.88 1981.72 1268.46 865.93 971.03 1133.15 1303.49 1563.74 1043.40 225.06
Pets Allowed 1019.29 1107.75 1145.33 1537.85 1855.32 1223.42 677.72 864.46 975.87 1073.10 1121.25 876.72 346.70
Resident Pays Sewer/Water 1091.86 1134.85 1098.44 1549.84 1903.48 1249.49 765.02 918.48 1163.88 1300.49 1576.48 991.91 257.58
Unit Security/Alarm System 1127.14 1318.55 1710.73 1714.31 1988.65 1488.42 942.85 1043.86 1072.74 1476.00 1767.65 1137.87 350.55
Handicapped Access 1190.23 1225.74 1264.05 1715.49 2026.92 1368.21 763.68 925.22 1008.69 1231.37 1491.33 988.77 379.44
Heat Included in Rent 728.46 890.28 1091.04 1105.70 1376.00 929.90 1049.22 1099.90 1123.72 1541.94 1904.98 1217.50 -287.60
3 Bed AllAll Efficiency 1 Bed
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
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 1577* 1577107822 107822 107822 109399 109399
5.4% 4.6% 4.6% 6.1% 6.1%102042 102898 102901 102704 102704
Units Vacant 5780 4924 4921 6695 6695833 856 3 -197 1495
2014 109399 109523 110287 111527 109399124* 764* 1240* 890 3018
109523 110287 111527 112417 1124176.8% 5.6% 3.5% 4.6% 4.6%
102039 104061 107648 107237 107237Units Vacant 7484 6226 3879 5180 5180
-665 1357 3587 -411 3868
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 1577* 109399
2014 1st 109399 124* 1095232nd 109523 764* 1102873rd 110287 1240* 1115274th 111527 890 112417
*numbers were revised to reflect a change in data sources
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 1st 2nd 3rd 4th
SizeUp to 8 1.9 2.9 13.1 0.09 - 50 4.2 3.6 6.5 2.951-99 3.6 3.4 2.7 4.1100 - 199 3.3 4.9 4.7 3.2200 to 349 3.4 5.2 9.2 4.0350 up 3.4 5.2 7.2 3.9
AgeTo 1959 2.0 4.5 5.8 3.01960-69 4.3 4.7 5.0 3.41970-79 3.8 4.4 8.8 3.31980-89 4.2 5.6 6.9 3.61990-99 3.0 5.8 6.7 4.72000-04 3.2 5.4 6.5 4.42005 up 2.7 5.0 9.5 4.2
Market AreaDenver-Central/Capitol Hill 2.9 4.8 6.7 3.5Denver-Downtown 3.3 5.5 5.8 3.9Denver-East Central/Lowry 2.5 5.8 6.3 4.6Denver-Far SE 3.4 5.3 10.4 4.1Denver-N Central/City Park 7.7 4.2 5.3 4.8Denver-Northeast 3.4 4.3 6.7 3.8Denver-Northwest 2.6 5.1 3.1 3.3Denver-S Central/Wash Park 4.6 4.6 23.3 4.0Denver-Southeast 3.7 4.6 5.2 2.9Denver-Southwest 3.8 4.6 4.3 2.3Denver-West Central 3.9 9.9 17.0 7.4
County Average 3.5 5.0 7.6 3.8
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 2 50.0% 1 2 50.0%$251 to $275$276 to $300 1 0.0% 1 0.0%$301 to $325$326 to $350 4 0.0% 4 0.0%$351 to $375 1 0.0% 1 0.0%$376 to $400 9 0.0% 1 0.0% 10 0.0%$401 to $425$426 to $450 1 0.0% 4 0.0% 1 0.0% 6 0.0%$451 to $475$476 to $500 29 0.0% 2 0.0% 1 0.0% 32 0.0%$501 to $525 21 0.0% 1 0.0% 22 0.0%$526 to $550 8 0.0% 5 0.0% 13 0.0%$551 to $575 1 45 2.2% 2 25 8.0% 3 70 4.3%$576 to $600 1 22 4.5% 2 86 2.3% 1 0.0% 3 109 2.8%$601 to $625 80 0.0% 14 445 3.1% 14 525 2.7%$626 to $650 3 58 5.2% 1 155 0.6% 2 0.0% 4 215 1.9%$651 to $675 129 0.0% 4 183 2.2% 5 0.0% 4 317 1.3%$676 to $700 3 205 1.5% 5 145 3.4% 7 0.0% 1 0.0% 8 358 2.2%$701 to $725 6 85 7.1% 3 48 6.3% 7 397 1.8% 1 30 3.3% 17 560 3.0%$726 to $750 3 182 1.6% 7 233 3.0% 124 0.0% 10 539 1.9%$751 to $775 33 0.0% 2 208 1.0% 2 42 4.8% 1 0.0% 4 284 1.4%$776 to $800 2 200 1.0% 35 1197 2.9% 3 22 13.6% 4 0.0% 24 0.0% 40 1447 2.8%$801 to $825 3 136 2.2% 14 359 3.9% 17 0.0% 5 35 14.3% 22 547 4.0%$826 to $850 3 48 6.3% 29 983 3.0% 1 0.0% 4 0.0% 32 1036 3.1%$851 to $875 1 62 1.6% 20 531 3.8% 2 23 8.7% 13 0.0% 7 0.0% 23 636 3.6%$876 to $900 5 33 15.2% 15 1211 1.2% 1 68 1.5% 5 0.0% 2 0.0% 21 1319 1.6%$901 to $925 4 10 40.0% 19 584 3.3% 8 243 3.3% 5 0.0% 31 842 3.7%$926 to $950 23 0.0% 7 314 2.2% 1 134 0.7% 4 100 4.0% 12 571 2.1%$951 to $975 1 92 1.1% 44 1153 3.8% 3 167 1.8% 1 0.0% 48 1413 3.4%$976 to $1000 2 15 13.3% 30 394 7.6% 8 558 1.4% 3 143 2.1% 4 0.0% 43 1114 3.9%$1001 to 1025 5 0.0% 31 553 5.6% 5 115 4.3% 5 264 1.9% 1 0.0% 41 938 4.4%$1026 to 1050 3 117 2.6% 46 780 5.9% 30 324 9.3% 2 117 1.7% 6 0.0% 81 1344 6.0%$1051 to 1075 13 366 3.6% 3 0.0% 18 0.0% 13 387 3.4%$1076 to 1100 3 72 4.2% 5 157 3.2% 6 80 7.5% 10 233 4.3% 2 0.0% 24 544 4.4%$1101 to 1125 14 0.0% 20 244 8.2% 75 0.0% 20 333 6.0%$1126 to 1150 8 0.0% 6 293 2.0% 4 48 8.3% 5 238 2.1% 15 587 2.6%$1151 to 1175 3 69 4.3% 1 38 2.6% 3 0.0% 19 269 7.1% 23 379 6.1%$1176 to 1200 1 33 3.0% 9 173 5.2% 2 41 4.9% 13 384 3.4% 2 0.0% 5 42 11.9% 30 675 4.4%$1201 to 1225 2 47 4.3% 11 200 5.5% 1 41 2.4% 6 111 5.4% 20 399 5.0%$1226 to 1250 13 346 3.8% 14 0.0% 3 152 2.0% 13 216 6.0% 1 28 3.6% 30 756 4.0%$1251 to 1275 3 34 8.8% 9 210 4.3% 5 78 6.4% 9 77 11.7% 32 0.0% 26 431 6.0%$1276 to 1300 4 91 4.4% 17 310 5.5% 16 151 10.6% 2 137 1.5% 5 0.0% 39 694 5.6%$1301 to 1325 8 138 5.8% 24 669 3.6% 20 0.0% 1 14 7.1% 1 0.0% 33 842 3.9%$1326 to 1350 4 59 6.8% 3 0.0% 5 76 6.6% 19 174 10.9% 1 0.0% 28 313 8.9%$1351 to 1375 35 0.0% 29 653 4.4% 1 0.0% 3 40 7.5% 1 0.0% 32 730 4.4%$1376 to 1400 25 774 3.2% 6 124 4.8% 1 5 20.0% 3 84 3.6% 35 987 3.5%$1401 to 1425 5 132 3.8% 3 64 4.7% 2 40 5.0% 5 284 1.8% 15 520 2.9%$1426 to 1450 15 0.0% 2 49 4.1% 43 505 8.5% 6 72 8.3% 51 641 8.0%$1451 to 1475 1 3 33.3% 3 115 2.6% 21 0.0% 2 60 3.3% 8 0.0% 6 207 2.9%$1476 to 1400 8 0.0% 13 228 5.7% 11 0.0% 3 0.0% 13 250 5.2%$1501 to 1525 1 5 20.0% 3 21 14.3% 2 0.0% 28 0.0% 4 56 7.1%$1526 to 1550 7 122 5.7% 1 24 4.2% 11 206 5.3% 6 61 9.8% 25 413 6.1%$1551 to 1575 17 0.0% 11 87 12.6% 10 220 4.5% 10 10 100.0% 31 334 9.3%$1576 to 1500 107 392 27.3% 1 87 1.1% 9 470 1.9% 117 949 12.3%$1601 to 1625 9 0.0% 1 102 1.0% 1 2 50.0% 2 113 1.8%$1626 to 1650 2 45 4.4% 22 339 6.5% 24 384 6.3%$1651 to 1675 9 276 3.3% 4 64 6.3% 6 0.0% 13 346 3.8%$1676 to 1600 11 176 6.3% 3 0.0% 5 28 17.9% 2 0.0% 9 0.0% 16 218 7.3%$1701 to 1725 1 26 3.8% 1 26 3.8% 3 0.0% 2 55 3.6%$1726 to 1750 2 36 5.6% 2 0.0% 2 0.0% 2 40 5.0%$1751 to 1775 1 129 0.8% 1 12 8.3% 4 90 4.4% 6 231 2.6%$1776 to 1800 11 248 4.4% 3 43 7.0% 2 97 2.1% 1 0.0% 16 389 4.1%$1801 to 1825$1826 to 1850 2 18 11.1% 1 0.0% 5 92 5.4% 7 0.0% 7 118 5.9%$1851 to 1875 27 0.0% 3 53 5.7% 3 80 3.8%$1876 to 1900 31 0.0% 11 181 6.1% 9 58 15.5% 20 270 7.4%$1901 to 1926 1 0.0% 2 9 22.2% 2 10 20.0%$1926 to 1950 7 0.0% 7 0.0% 14 0.0%$1951 to 1975 2 0.0% 2 0.0% 4 0.0%$1976 to 2000 3 0.0% 7 0.0% 10 0.0% 1 0.0% 21 0.0%$2000 and up 3 43 7.0% 9 89 10.1% 106 1027 10.3% 19 147 12.9% 10 42 23.8% 147 1348 10.9%TOTALS 90 2744 3.3% 658 15587 4.2% 175 3915 4.5% 359 6359 5.6% 44 527 8.3% 26 212 12.3% 1352 29344 4.6%
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
Two Bedroom
One Bathroom
Two Bedroom
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 1 0.0% 1 0.0%$301 to $325$326 to $350$351 to $375$376 to $400$401 to $425$426 to $450 1 0.0% 3 0.0% 4 0.0%$451 to $475$476 to $500 28 0.0% 2 0.0% 30 0.0%$501 to $525 4 0.0% 4 0.0%$526 to $550 3 0.0% 3 0.0% 6 0.0%$551 to $575 40 0.0% 40 0.0%$576 to $600 18 0.0% 1 28 3.6% 1 46 2.2%$601 to $625 25 0.0% 4 0.0% 29 0.0%$626 to $650 3 57 5.3% 11 0.0% 1 0.0% 3 69 4.3%$651 to $675 11 0.0% 6 0.0% 17 0.0%$676 to $700 128 0.0% 24 0.0% 152 0.0%$701 to $725 1 31 3.2% 3 45 6.7% 1 11 9.1% 5 87 5.7%$726 to $750 22 0.0% 57 0.0% 4 0.0% 83 0.0%$751 to $775 5 0.0% 33 0.0% 38 0.0%$776 to $800 30 0.0% 1 113 0.9% 1 143 0.7%$801 to $825 3 93 3.2% 1 51 2.0% 3 0.0% 4 147 2.7%$826 to $850 3 39 7.7% 3 57 5.3% 1 0.0% 1 0.0% 6 98 6.1%$851 to $875 1 62 1.6% 60 0.0% 3 0.0% 1 125 0.8%$876 to $900 3 0.0% 2 153 1.3% 3 0.0% 2 159 1.3%$901 to $925 1 0.0% 2 166 1.2% 2 0.0% 2 169 1.2%$926 to $950 4 0.0% 6 134 4.5% 4 0.0% 6 142 4.2%$951 to $975 2 167 1.2% 3 0.0% 1 0.0% 2 171 1.2%$976 to $1000 2 2 100.0% 13 144 9.0% 35 0.0% 1 0.0% 2 0.0% 15 184 8.2%$1001 to 1025 3 0.0% 6 95 6.3% 6 0.0% 1 0.0% 6 105 5.7%$1026 to 1050 2 95 2.1% 7 103 6.8% 2 0.0% 6 0.0% 9 206 4.4%$1051 to 1075 4 117 3.4% 3 0.0% 4 0.0% 4 124 3.2%$1076 to 1100 1 49 2.0% 1 12 8.3% 6 0.0% 2 67 3.0%$1101 to 1125 4 0.0% 4 0.0% 3 0.0% 11 0.0%$1126 to 1150 3 0.0% 1 31 3.2% 5 0.0% 11 0.0% 1 50 2.0%$1151 to 1175 23 0.0% 1 21 4.8% 3 0.0% 11 0.0% 1 58 1.7%$1176 to 1200 2 0.0% 6 124 4.8% 5 0.0% 4 0.0% 2 0.0% 6 137 4.4%$1201 to 1225 1 7 14.3% 1 24 4.2% 3 0.0% 2 34 5.9%$1226 to 1250 16 0.0% 12 0.0% 34 0.0% 6 0.0% 2 0.0% 70 0.0%$1251 to 1275 1 17 5.9% 5 0.0% 1 22 4.5%$1276 to 1300 34 0.0% 1 16 6.3% 2 28 7.1% 2 9 22.2% 2 0.0% 5 89 5.6%$1301 to 1325 4 168 2.4% 20 0.0% 1 3 33.3% 5 191 2.6%$1326 to 1350 4 28 14.3% 6 0.0% 4 34 11.8%$1351 to 1375 11 169 6.5% 1 0.0% 1 0.0% 11 171 6.4%$1376 to 1400 6 135 4.4% 3 59 5.1% 1 5 20.0% 10 199 5.0%$1401 to 1425 8 0.0% 11 0.0% 19 0.0%$1426 to 1450 11 0.0% 1 0.0% 12 0.0%$1451 to 1475 2 41 4.9% 18 0.0% 2 59 3.4%$1476 to 1400 1 32 3.1% 10 0.0% 3 0.0% 1 45 2.2%$1501 to 1525 2 0.0% 2 0.0%$1526 to 1550 31 0.0% 3 0.0% 1 0.0% 35 0.0%$1551 to 1575 2 0.0% 10 10 100.0% 10 12 83.3%$1576 to 1500 91 94 96.8% 79 0.0% 1 25 4.0% 92 198 46.5%$1601 to 1625 86 0.0% 1 1 100.0% 1 87 1.1%$1626 to 1650 1 0.0% 1 0.0%$1651 to 1675 2 51 3.9% 2 51 3.9%$1676 to 1600 1 0.0% 2 0.0% 3 0.0%$1701 to 1725 1 26 3.8% 1 26 3.8%$1726 to 1750 1 0.0% 1 0.0% 2 0.0%$1751 to 1775$1776 to 1800 7 0.0% 1 0.0% 8 0.0%$1801 to 1825$1826 to 1850$1851 to 1875 1 0.0% 1 0.0%$1876 to 1900 2 0.0% 2 0.0%$1901 to 1926$1926 to 1950$1951 to 1975 2 0.0% 2 0.0%$1976 to 2000 10 0.0% 10 0.0%$2000 and up 2 6 33.3% 59 202 29.2% 13 19 68.4% 74 227 32.6%TOTALS 16 790 2.0% 176 2598 6.8% 17 491 3.5% 66 392 16.8% 13 34 38.2% 10 10 100.0% 298 4315 6.9%
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
Two Bedroom
One Bathroom
Two Bedroom
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$826 to $850$851 to $875$876 to $900$901 to $925 18 0.0% 18 0.0%$926 to $950 106 0.0% 106 0.0%$951 to $975 $976 to $1000$1001 to 1025 6 26 23.1% 6 26 23.1%$1026 to 1050 1 1 100.0% 1 1 100.0%$1051 to 1075$1076 to 1100$1101 to 1125$1126 to 1150$1151 to 1175 1 18 5.6% 1 18 5.6%$1176 to 1200 1 31 3.2% 1 0.0% 1 32 3.1%$1201 to 1225 1 39 2.6% 17 0.0% 1 56 1.8%$1226 to 1250 10 312 3.2% 2 0.0% 10 314 3.2%$1251 to 1275$1276 to 1300 4 57 7.0% 4 0.0% 4 61 6.6%$1301 to 1325 7 95 7.4% 16 433 3.7% 23 528 4.4%$1326 to 1350 2 40 5.0% 3 0.0% 2 43 4.7%$1351 to 1375 34 0.0% 17 332 5.1% 17 366 4.6%$1376 to 1400 15 497 3.0% 15 497 3.0%$1401 to 1425 5 129 3.9% 1 0.0% 5 130 3.8%$1426 to 1450 2 0.0% 10 0.0% 12 0.0%$1451 to 1475 1 0.0% 1 0.0% 2 0.0%$1476 to 1400 8 0.0% 12 196 6.1% 1 0.0% 12 205 5.9%$1501 to 1525 1 4 25.0% 3 21 14.3% 4 25 16.0%$1526 to 1550 14 0.0% 1 0.0% 15 0.0%$1551 to 1575 14 0.0% 11 77 14.3% 11 91 12.1%$1576 to 1500 16 290 5.5% 1 8 12.5% 8 444 1.8% 25 742 3.4%$1601 to 1625 8 0.0% 1 15 6.7% 1 0.0% 1 24 4.2%$1626 to 1650 2 35 5.7% 14 143 9.8% 16 178 9.0%$1651 to 1675 9 275 3.3% 9 275 3.3%$1676 to 1600 11 172 6.4% 2 0.0% 1 0.0% 9 0.0% 11 184 6.0%$1701 to 1725 1 26 3.8% 1 26 3.8%$1726 to 1750 2 34 5.9% 1 0.0% 1 0.0% 2 36 5.6%$1751 to 1775 1 12 8.3% 1 12 8.3%$1776 to 1800 11 179 6.1% 1 0.0% 2 97 2.1% 13 277 4.7%$1801 to 1825$1826 to 1850 2 16 12.5% 5 92 5.4% 7 0.0% 7 115 6.1%$1851 to 1875 26 0.0% 17 0.0% 43 0.0%$1876 to 1900 29 0.0% 11 181 6.1% 11 210 5.2%$1901 to 1926 1 0.0% 1 0.0%$1926 to 1950 6 0.0% 6 0.0%$1951 to 1975$1976 to 2000$2000 and up 3 29 10.3% 8 0.0% 29 643 4.5% 1 66 1.5% 7 26 26.9% 40 772 5.2%TOTALS 33 851 3.9% 127 2775 4.6% 13 186 7.0% 69 1602 4.3% 1 73 1.4% 7 35 20.0% 250 5522 4.5%
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
Two Bedroom
One Bathroom
Two Bedroom
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 1 0.0% 1 0.0%$501 to $525 5 0.0% 1 0.0% 6 0.0%$526 to $550$551 to $575 2 20 10.0% 2 20 10.0%$576 to $600 1 1 100.0% 1 21 4.8% 2 22 9.1%$601 to $625 16 0.0% 16 0.0%$626 to $650 19 0.0% 19 0.0%$651 to $675 41 0.0% 41 0.0%$676 to $700 4 52 7.7% 4 52 7.7%$701 to $725$726 to $750 1 6 16.7% 1 6 16.7%$751 to $775 4 0.0% 4 0.0%$776 to $800 5 0.0% 3 20 15.0% 3 25 12.0%$801 to $825 13 0.0% 12 0.0% 2 22 9.1% 2 47 4.3%$826 to $850$851 to $875 10 160 6.3% 10 160 6.3%$876 to $900 4 0.0% 4 0.0%$901 to $925$926 to $950 16 0.0% 16 0.0%$951 to $975 2 66 3.0% 2 66 3.0%$976 to $1000 1 0.0% 1 0.0%$1001 to 1025$1026 to 1050 19 157 12.1% 19 157 12.1%$1051 to 1075$1076 to 1100$1101 to 1125$1126 to 1150 5 258 1.9% 5 258 1.9%$1151 to 1175 17 0.0% 17 0.0%$1176 to 1200$1201 to 1225 11 200 5.5% 11 200 5.5%$1226 to 1250$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 3 54 5.6% 3 54 5.6%$1401 to 1425 2 40 5.0% 2 40 5.0%$1426 to 1450 36 250 14.4% 2 36 5.6% 38 286 13.3%$1451 to 1475 2 60 3.3% 2 60 3.3%$1476 to 1400$1501 to 1525$1526 to 1550 2 30 6.7% 2 30 6.7%$1551 to 1575 6 140 4.3% 6 140 4.3%$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 9 58 15.5% 9 58 15.5%$1901 to 1926$1926 to 1950$1951 to 1975$1976 to 2000$2000 and up 2 34 5.9% 2 34 5.9%TOTALS 1 23 4.3% 36 903 4.0% 27 283 9.5% 46 472 9.7% 15 159 9.4% 125 1840 6.8%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - East Central/Lowry
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
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 3 0.0% 3 0.0%$526 to $550 5 0.0% 1 0.0% 6 0.0%$551 to $575 1 2 50.0% 5 0.0% 1 7 14.3%$576 to $600 1 0.0% 35 0.0% 36 0.0%$601 to $625 1 0.0% 4 41 9.8% 4 42 9.5%$626 to $650 1 0.0% 13 0.0% 14 0.0%$651 to $675 24 0.0% 23 0.0% 47 0.0%$676 to $700 9 0.0% 3 0.0% 12 0.0%$701 to $725 20 0.0% 3 0.0% 23 0.0%$726 to $750 3 147 2.0% 3 147 2.0%$751 to $775 28 0.0% 1 49 2.0% 1 77 1.3%$776 to $800 32 858 3.7% 32 858 3.7%$801 to $825 36 0.0% 6 123 4.9% 6 159 3.8%$826 to $850 2 0.0% 8 550 1.5% 8 552 1.4%$851 to $875 18 0.0% 18 0.0%$876 to $900 5 30 16.7% 11 566 1.9% 22 0.0% 16 618 2.6%$901 to $925 6 110 5.5% 8 240 3.3% 14 350 4.0%$926 to $950 1 21 4.8% 12 0.0% 1 33 3.0%$951 to $975 24 0.0% 26 318 8.2% 48 0.0% 26 390 6.7%$976 to $1000 2 39 5.1% 1 87 1.1% 3 142 2.1% 1 0.0% 6 269 2.2%$1001 to 1025 4 54 7.4% 2 36 5.6% 5 264 1.9% 11 354 3.1%$1026 to 1050 20 0.0% 36 497 7.2% 9 102 8.8% 1 37 2.7% 46 656 7.0%$1051 to 1075$1076 to 1100 24 0.0% 18 0.0% 10 219 4.6% 10 261 3.8%$1101 to 1125 24 0.0% 24 0.0%$1126 to 1150 1 24 4.2% 24 0.0% 1 48 2.1%$1151 to 1175 2 28 7.1% 13 150 8.7% 15 178 8.4%$1176 to 1200 1 23 4.3% 8 96 8.3% 5 42 11.9% 14 161 8.7%$1201 to 1225$1226 to 1250 2 54 3.7% 1 26 3.8% 3 80 3.8%$1251 to 1275 9 210 4.3% 9 72 12.5% 32 0.0% 18 314 5.7%$1276 to 1300 10 142 7.0% 10 142 7.0%$1301 to 1325$1326 to 1350 6 48 12.5% 6 48 12.5%$1351 to 1375$1376 to 1400 4 122 3.3% 3 84 3.6% 7 206 3.4%$1401 to 1425 5 216 2.3% 5 216 2.3%$1426 to 1450 2 28 7.1% 4 36 11.1% 6 64 9.4%$1451 to 1475 2 0.0% 2 0.0%$1476 to 1400$1501 to 1525 28 0.0% 28 0.0%$1526 to 1550 1 18 5.6% 1 18 5.6%$1551 to 1575 4 80 5.0% 4 80 5.0%$1576 to 1500$1601 to 1625$1626 to 1650 8 195 4.1% 8 195 4.1%$1651 to 1675 6 0.0% 6 0.0%$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 11 405 2.7% 160 3801 4.2% 27 714 3.8% 72 1567 4.6% 8 175 4.6% 5 80 6.3% 283 6742 4.2%
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
Two Bedroom
One Bathroom
Two Bedroom
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 1 0.0% 1 0.0%$451 to $475$476 to $500$501 to $525$526 to $550 1 0.0% 1 0.0%$551 to $575$576 to $600 2 0.0% 2 0.0%$601 to $625 5 0.0% 5 0.0%$626 to $650 1 0.0% 1 0.0%$651 to $675$676 to $700 31 0.0% 17 0.0% 1 0.0% 49 0.0%$701 to $725$726 to $750$751 to $775$776 to $800 65 0.0% 65 0.0%$801 to $825 7 0.0% 7 0.0%$826 to $850 2 0.0% 1 0.0% 3 0.0%$851 to $875 2 0.0% 6 0.0% 7 0.0% 15 0.0%$876 to $900$901 to $925 4 9 44.4% 4 9 44.4%$926 to $950 13 0.0% 13 0.0%$951 to $975 $976 to $1000 16 0.0% 1 0.0% 17 0.0%$1001 to 1025 8 0.0% 8 0.0%$1026 to 1050$1051 to 1075 1 17 5.9% 1 17 5.9%$1076 to 1100 1 7 14.3% 2 0.0% 1 9 11.1%$1101 to 1125$1126 to 1150$1151 to 1175$1176 to 1200 2 0.0% 2 0.0%$1201 to 1225$1226 to 1250$1251 to 1275$1276 to 1300 2 0.0% 3 0.0% 5 0.0%$1301 to 1325$1326 to 1350 8 0.0% 8 0.0%$1351 to 1375 70 0.0% 70 0.0%$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 1 129 0.8% 9 0.0% 1 138 0.7%$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 5 65 7.7% 5 65 7.7%TOTALS 4 119 3.4% 3 282 1.1% 16 0.0% 5 80 6.3% 5 0.0% 8 0.0% 12 510 2.4%
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
One BathroomOne Bedroom Two Bathroom
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$601 to $625 10 384 2.6% 10 384 2.6%$626 to $650$651 to $675$676 to $700 3 0.0% 3 0.0%$701 to $725 6 384 1.6% 6 384 1.6%$726 to $750$751 to $775$776 to $800$801 to $825$826 to $850$851 to $875 3 0.0% 3 0.0%$876 to $900 1 0.0% 1 0.0%$901 to $925 1 0.0% 1 0.0%$926 to $950$951 to $975 1 68 1.5% 1 68 1.5%$976 to $1000 10 75 13.3% 1 0.0% 10 76 13.2%$1001 to 1025$1026 to 1050 3 160 1.9% 3 160 1.9%$1051 to 1075 8 232 3.4% 8 232 3.4%$1076 to 1100 2 4 50.0% 2 4 50.0%$1101 to 1125 2 17 11.8% 2 17 11.8%$1126 to 1150$1151 to 1175$1176 to 1200$1201 to 1225$1226 to 1250 1 64 1.6% 13 170 7.6% 14 234 6.0%$1251 to 1275$1276 to 1300 128 0.0% 128 0.0%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450 7 244 2.9% 7 244 2.9%$1451 to 1475 1 73 1.4% 1 73 1.4%$1476 to 1400$1501 to 1525$1526 to 1550 4 31 12.9% 4 31 12.9%$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 2 72 2.8% 2 72 2.8%$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 68 1.5% 32 927 3.5% 11 475 2.3% 22 614 3.6% 4 31 12.9% 70 2115 3.3%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - Northeast
One BedroomEfficiencies
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.
TotalOtherThree BedroomTwo Bathroom
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 1 0.0% 1 0.0%$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 1 0.0% 1 0.0%$601 to $625$626 to $650 1 0.0% 1 0.0%$651 to $675 3 90 3.3% 3 90 3.3%$676 to $700 1 0.0% 1 0.0%$701 to $725 1 0.0% 1 30 3.3% 1 31 3.2%$726 to $750 6 0.0% 6 0.0%$751 to $775 5 0.0% 5 0.0%$776 to $800 1 0.0% 1 0.0%$801 to $825 2 0.0% 2 0.0%$826 to $850$851 to $875 41 0.0% 1 0.0% 42 0.0%$876 to $900$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$1101 to 1125$1126 to 1150 4 0.0% 1 3 33.3% 1 7 14.3%$1151 to 1175$1176 to 1200 7 0.0% 21 0.0% 28 0.0%$1201 to 1225 1 0.0% 1 0.0%$1226 to 1250$1251 to 1275 1 0.0% 1 0.0%$1276 to 1300$1301 to 1325 1 43 2.3% 1 43 2.3%$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 1 3 33.3% 1 3 33.3%$1476 to 1400$1501 to 1525 1 0.0% 1 0.0%$1526 to 1550 7 77 9.1% 7 77 9.1%$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 69 0.0% 69 0.0%$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 14 0.0% 9 0.0% 3 43 7.0% 3 66 4.5%TOTALS 2 55 3.6% 10 335 3.0% 1 54 1.9% 3 65 4.6% 1 31 3.2% 17 540 3.1%
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
Two Bedroom
One Bathroom
Two Bedroom
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 2 0.0% 2 0.0%$601 to $625$626 to $650$651 to $675 4 0.0% 4 0.0%$676 to $700 2 13 15.4% 1 11 9.1% 3 24 12.5%$701 to $725 5 20 25.0% 5 20 25.0%$726 to $750 4 0.0% 4 0.0%$751 to $775$776 to $800 19 0.0% 1 49 2.0% 1 68 1.5%$801 to $825 4 50 8.0% 4 50 8.0%$826 to $850 5 0.0% 54 0.0% 59 0.0%$851 to $875$876 to $900 153 0.0% 153 0.0%$901 to $925 2 31 6.5% 2 31 6.5%$926 to $950 3 0.0% 40 0.0% 43 0.0%$951 to $975 $976 to $1000 13 0.0% 84 0.0% 97 0.0%$1001 to 1025 2 0.0% 2 6 33.3% 2 10 20.0% 4 18 22.2%$1026 to 1050 1 0.0% 20 0.0% 7 0.0% 28 0.0%$1051 to 1075 14 0.0% 14 0.0%$1076 to 1100 3 101 3.0% 3 10 30.0% 8 0.0% 6 119 5.0%$1101 to 1125 10 0.0% 10 0.0%$1126 to 1150 5 0.0% 18 0.0% 23 0.0%$1151 to 1175$1176 to 1200 1 0.0% 1 0.0%$1201 to 1225$1226 to 1250 3 18 16.7% 3 18 16.7%$1251 to 1275 3 33 9.1% 3 33 9.1%$1276 to 1300$1301 to 1325$1326 to 1350 2 19 10.5% 1 0.0% 2 20 10.0%$1351 to 1375 1 82 1.2% 3 40 7.5% 4 122 3.3%$1376 to 1400 20 0.0% 20 0.0%$1401 to 1425 3 55 5.5% 3 55 5.5%$1426 to 1450 13 0.0% 10 0.0% 23 0.0%$1451 to 1475$1476 to 1400$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 2 13 15.4% 2 13 15.4%$1676 to 1600 5 26 19.2% 5 26 19.2%$1701 to 1725 3 0.0% 3 0.0%$1726 to 1750$1751 to 1775 2 9 22.2% 2 9 22.2%$1776 to 1800 3 35 8.6% 3 35 8.6%$1801 to 1825$1826 to 1850$1851 to 1875 3 35 8.6% 3 35 8.6%$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% 1 0.0% 7 0.0%$2000 and up 7 66 10.6% 10 74 13.5% 2 12 16.7% 3 16 18.8% 22 168 13.1%TOTALS 15 163 9.2% 17 695 2.4% 20 271 7.4% 22 216 10.2% 2 14 14.3% 3 17 17.6% 79 1376 5.7%
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
Two Bedroom
One Bathroom
Two Bedroom
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 0.0%$626 to $650 1 3 33.3% 1 3 33.3%$651 to $675 89 0.0% 5 0.0% 5 0.0% 99 0.0%$676 to $700 1 24 4.2% 11 0.0% 7 0.0% 1 42 2.4%$701 to $725 11 0.0% 1 0.0% 12 0.0%$726 to $750 9 0.0% 6 170 3.5% 6 179 3.4%$751 to $775 1 0.0% 1 0.0% 2 0.0%$776 to $800 2 11 18.2% 1 160 0.6% 1 0.0% 4 0.0% 3 176 1.7%$801 to $825 3 122 2.5% 3 13 23.1% 6 135 4.4%$826 to $850 16 263 6.1% 3 0.0% 16 266 6.0%$851 to $875 9 224 4.0% 2 13 15.4% 7 0.0% 11 244 4.5%$876 to $900 2 335 0.6% 1 42 2.4% 5 0.0% 2 0.0% 3 384 0.8%$901 to $925 9 259 3.5% 9 259 3.5%$926 to $950 1 117 0.9% 4 100 4.0% 5 217 2.3%$951 to $975 7 355 2.0% 1 56 1.8% 8 411 1.9%$976 to $1000 7 291 2.4% 7 291 2.4%$1001 to 1025 11 110 10.0% 36 0.0% 11 146 7.5%$1026 to 1050 2 56 3.6% 1 74 1.4% 6 0.0% 3 136 2.2%$1051 to 1075$1076 to 1100$1101 to 1125 14 108 13.0% 48 0.0% 14 156 9.0%$1126 to 1150 41 0.0% 41 0.0%$1151 to 1175 6 108 5.6% 6 108 5.6%$1176 to 1200 3 48 6.3% 1 3 33.3% 5 263 1.9% 9 314 2.9%$1201 to 1225$1226 to 1250 40 0.0% 40 0.0%$1251 to 1275 4 61 6.6% 4 61 6.6%$1276 to 1300 14 61 23.0% 14 61 23.0%$1301 to 1325 11 0.0% 1 0.0% 12 0.0%$1326 to 1350 1 40 2.5% 13 120 10.8% 14 160 8.8%$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450$1451 to 1475 8 0.0% 8 0.0%$1476 to 1400$1501 to 1525$1526 to 1550 4 70 5.7% 4 70 5.7%$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 3 146 2.1% 68 2065 3.3% 48 894 5.4% 36 908 4.0% 15 0.0% 7 0.0% 155 4035 3.8%
Two Bedroom
One Bathroom
Two Bedroom
Vacancy Rates During the Current QuarterDenver - 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-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 2 50.0% 1 2 50.0%$251 to $275$276 to $300$301 to $325$326 to $350 4 0.0% 4 0.0%$351 to $375$376 to $400 9 0.0% 9 0.0%$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 48 0.0% 48 0.0%$626 to $650$651 to $675 1 0.0% 1 18 5.6% 1 19 5.3%$676 to $700 23 0.0% 23 0.0%$701 to $725 3 0.0% 3 0.0%$726 to $750$751 to $775 1 122 0.8% 2 36 5.6% 3 158 1.9%$776 to $800 12 0.0% 12 0.0%$801 to $825$826 to $850 2 58 3.4% 2 58 3.4%$851 to $875 1 28 3.6% 1 0.0% 1 29 3.4%$876 to $900$901 to $925$926 to $950$951 to $975 7 247 2.8% 2 60 3.3% 9 307 2.9%$976 to $1000 5 120 4.2% 58 0.0% 5 178 2.8%$1001 to 1025 2 254 0.8% 1 27 3.7% 3 281 1.1%$1026 to 1050$1051 to 1075$1076 to 1100 36 0.0% 36 0.0%$1101 to 1125 4 115 3.5% 4 115 3.5%$1126 to 1150 2 16 12.5% 5 144 3.5% 7 160 4.4%$1151 to 1175$1176 to 1200$1201 to 1225 6 108 5.6% 6 108 5.6%$1226 to 1250$1251 to 1275$1276 to 1300 6 148 4.1% 60 0.0% 6 208 2.9%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425 57 0.0% 57 0.0%$1426 to 1450$1451 to 1475$1476 to 1400$1501 to 1525$1526 to 1550 7 134 5.2% 7 134 5.2%$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 16 6.3% 1 16 6.3%TOTALS 1 67 1.5% 25 1030 2.4% 11 409 2.7% 18 443 4.1% 1 16 6.3% 56 1965 2.8%
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
Two Bedroom
One Bathroom
Two Bedroom
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 9 0.0% 9 0.0%$526 to $550$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$726 to $750 114 0.0% 114 0.0%$751 to $775$776 to $800 24 0.0% 24 0.0%$801 to $825$826 to $850$851 to $875$876 to $900$901 to $925 5 0.0% 5 0.0%$926 to $950$951 to $975 $976 to $1000$1001 to 1025$1026 to 1050$1051 to 1075$1076 to 1100 3 48 6.3% 3 48 6.3%$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 4 68 5.9% 4 68 5.9%$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 8 0.0% 8 0.0%$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 57 5.3% 4 176 2.3% 122 0.0% 5 0.0% 24 0.0% 7 384 1.8%
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
Two Bedroom
One Bathroom
Two Bedroom
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
314
Q4
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
314
Q4
Ren
t (in
dol
lars
)
Quarter
Average Rent by Quarter for Douglas County
VII-2
0
1
1
2
2
3
3
4
4
5
Castle Rock Douglas - North Doulgas County Average
Perc
ent V
acan
t
Market Area
Vacancy Rate by Market Area by Quarter for Douglas County
14 Q1
14 Q2
14 Q3
14 Q4
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
8
9
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
VII-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 Douglas County
14 Q1 14 Q2
14 Q3 14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q
4
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
74
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
314
Q4
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
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 Douglas County
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
$0.00 $0.00
$1,384.25
$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 3.3 4.1 1.4 1.5 1.9 1.7 2.3 3.1 3.3
-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 -2.2 0.4 -1.4 -1.0 0.0 -2.4 0.9 1.7 1.4
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 3.1 3.4 2.3 2.1 2.2 1.6 1.8 2.3 2.6Douglas - 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 4.2 6.8 3.1 3.9 5.6 4.0 4.0 3.8 4.2
-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 -0.4 1.8 -1.1 -0.6 0.0 -2.8 0.9 -0.2 -1.4
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 4.4 5.6 4.4 4.4 4.8 4.1 4.4 4.3 4.0Douglas 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 4.0 6.5 2.9 3.5 5.0 3.7 3.8 3.7 4.0
-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 -0.6 1.6 -1.0 -0.6 0.0 -2.8 0.8 0.2 -1.0
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 4.2 5.2 4.1 4.1 4.5 3.8 4.0 4.0 3.8
2007
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
20092008
Due to rounding of the vacancy rate, numbers may not always add exactly.
2006 20112005 20132010 20142012
VII-9
County 1st 2nd 3rd 4th 1st 2nd 3rd 4th
Up to 8 499 below9 to 50 500 to 749 1.5 0.0 2.5 3.051 to 99 750 to 999 0.9 1.9 3.3 3.1100 to199 1000 above 2.3 3.4 3.2 3.6200 to 349 1.1 1.3 1.9 3.4350 up 3.1 4.5 5.9 3.1Up to 8 499 below9 to 50 500 to 749 1.7 3.7 4.2 3.4
51 to 99 750 to 999 4.1 3.5 3.7 3.9 100 to 199 1000 above 4.1 4.6 3.8 4.6 200 to 349 4.5 5.2 3.0 5.7
350 up 3.8 3.4 4.1 3.2Up to 8 499 below9 to 50 500 to 749 1.6 1.5 3.4 3.2
51 to 99 750 to 999 3.8 3.3 3.7 3.8 100 to 199 1000 above 3.9 4.4 3.7 4.4
200 to 349 3.6 4.2 2.7 5.1350 up 3.7 3.5 4.2 3.2
20142014
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
Number of Units
Castle RockCastle Rock
Douglas County
Douglas - North
Douglas County
Douglas - North
CountySquare Feet in Unit
VII-10
CountyCounty Year 1st 2nd 3rd 4th Apartment Type 1st 2nd 3rd 4thCastle Rock To 1939 Castle Rock
1940-49 Efficiency1950-59 1 Bed 1.1 1.8 4.0 3.31960-69 2 Bed, 1 Bath 1.2 0.0 0.6 2.41970-79 2 Bed, 2 Bath 1.9 3.0 2.6 4.01980-89 3 Bed 3.8 4.6 5.3 2.31990-99 3.6 0.5 2.7 3.2 Other2000-04 1.3 2.7 3.2 3.3 All 3.32005 up
Douglas - North To 1939 Douglas - North1940-49 Efficiency 2.1 4.2 2.1 0.01950-59 1 Bed 4.0 3.3 3.8 3.81960-69 2 Bed, 1 Bath 3.3 3.4 3.6 3.61970-79 2 Bed, 2 Bath 4.3 4.7 3.9 4.81980-89 2.2 3.0 2.7 1.7 3 Bed 3.6 6.7 2.8 5.41990-99 4.6 6.2 4.5 5.3 Other 7.7 0.0 0.0 0.02000-04 3.9 2.6 3.5 3.4 All 4.22005 up 3.8 5.8 4.1 8.2
Douglas County To 1939 Douglas County1940-49 Efficiency 2.1 4.2 2.1 0.0
1950-59 1 Bed 3.7 3.1 3.8 3.7 1960-69 2 Bed, 1 Bath 2.9 2.9 3.1 3.4 1970-79 2 Bed, 2 Bath 4.0 4.4 3.7 4.6 1980-89 2.2 3.0 2.7 1.7 3 Bed 3.6 6.2 3.5 4.7
1990-99 4.5 5.7 4.3 5.1 Other 7.7 0.0 0.0 0.02000-04 3.4 2.6 3.4 3.4 All 4.02005 up 3.8 5.8 4.1 8.2
Vacancy Rates by Apartment Typeby Market Area for Douglas County
(In Percent)
2014
by Market Area for Douglas CountyVacancy Rates by Age of Building
2014
(In Percent)
VII-11
County 1st 2nd 3rd 4th County 1st 2nd 3rd 4thCastle Rock Castle Rock To 1959Efficiency 1960-691 Bed 945.32 1053.95 1102.15 1106.02 1970-792 Bed, 1 Bath 1102.28 1200.76 1248.18 1214.31 1980-892 Bed, 2 Bath 1189.53 1318.42 1303.31 1391.43 1990-99 1038.86 1160.23 1161.14 1143.413 Bed 1539.97 1540.77 1677.73 1619.72 2000-04 1141.44 1239.66 1282.51 1313.67All 1122.32 1224.85 1259.88 1281.93 2005 upDouglas - North Douglas - North To 1959Efficiency 865.00 1020.00 915.00 995.00 1960-691 Bed 1096.39 1182.53 1192.72 1207.19 1970-792 Bed, 1 Bath 1270.42 1342.48 1345.90 1383.71 1980-89 1083.75 1192.26 1229.78 1260.772 Bed, 2 Bath 1438.58 1532.24 1570.89 1551.97 1990-99 1308.47 1509.31 1534.27 1520.453 Bed 1726.46 1858.76 1973.55 1952.61 2000-04 1279.77 1315.56 1327.73 1335.24All 1283.89 1371.23 1390.81 1402.33 2005 up 1346.89 1367.35 1430.49 1494.91Douglas County Douglas County To 1959Efficiency 865.00 1020.00 915.00 995.00 1960-691 Bed 1077.89 1166.51 1181.59 1193.55 1970-792 Bed, 1 Bath 1244.15 1321.53 1329.15 1356.54 1980-89 1083.75 1192.26 1229.78 1260.772 Bed, 2 Bath 1404.82 1502.41 1534.33 1527.71 1990-99 1285.21 1477.31 1498.26 1488.823 Bed 1686.15 1785.16 1893.15 1874.46 2000-04 1253.23 1301.05 1319.07 1330.77All 1261.71 1350.83 1372.28 1384.25 2005 up 1346.89 1367.35 1430.49 1494.91
Average Rents by Apartment Type Average Rents by Age of Building
(In Dollars)by Market Area for Douglas County 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 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.
Year Built 20142014
(In Dollars)
VII-12
1st 2nd 3rd 4th County 1st 2nd 3rd 4thCastle Rock Castle RockUp to 8 Efficiency9 to 50 1 Bed 954.14 1083.03 1156.67 1108.0351 to 99 2 Bed, 1 Bath 1154.18 1229.18 1304.18 1233.28100 to 199 2 Bed, 2 Bath 1166.77 1330.47 1296.91 1430.47200 to 349 1095.55 1190.31 1229.48 1225.57 3 Bed 1629.04 1561.72 1736.72 1704.04350 and up 1184.27 1304.78 1330.24 1412.38 All 1154.90 1234.01 1282.73 1244.44Douglas - North Douglas - NorthUp to 8 Efficiency 863.00 1013.00 913.00 988.009 to 50 1 Bed 1127.54 1159.54 1177.60 1198.2051 to 99 2 Bed, 1 Bath 1264.11 1358.50 1336.11 1379.25100 to 199 2 Bed, 2 Bath 1406.88 1497.04 1579.70 1505.99200 to 349 1371.95 1492.58 1517.36 1490.86 3 Bed 1705.75 1734.74 2003.27 1815.11350 and up 1238.48 1311.85 1332.23 1345.32 All 1248.32 1342.98 1354.49 1352.91Douglas County Douglas CountyUp to 8 Efficiency 863.00 1013.00 913.00 988.009 to 50 1 Bed 1067.03 1119.46 1159.17 1143.8551 to 99 2 Bed, 1 Bath 1243.50 1312.78 1318.63 1334.00100 to 199 2 Bed, 2 Bath 1345.53 1468.89 1444.83 1449.36200 to 349 1303.90 1415.18 1440.57 1427.31 3 Bed 1632.08 1716.11 1784.00 1798.00350 and up 1234.81 1311.37 1332.10 1350.72 All 1232.88 1321.68 1327.02 1326.37
2014
Average rents do not reflect "rental losses" from discounts and concessions.
2014
(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.
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
VII-13
County CountyApartment Type 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thCastle Rock Castle RockEfficiency1 Bed 1.20 1.34 1.40 1.40 499 below2 Bed, 1 Bath 1.27 1.38 1.44 1.40 500 to 749 1.28 1.42 1.49 1.412 Bed, 2 Bath 1.07 1.18 1.17 1.25 750 to 999 1.19 1.31 1.37 1.393 Bed 1.19 1.20 1.30 1.26 1000 above 1.10 1.19 1.20 1.25All 1.16 1.27 1.31 1.33Douglas - North Douglas - NorthEfficiency 1.57 1.85 1.66 1.811 Bed 1.36 1.46 1.48 1.51 499 below2 Bed, 1 Bath 1.29 1.36 1.36 1.40 500 to 749 1.50 1.67 1.63 1.652 Bed, 2 Bath 1.25 1.32 1.36 1.35 750 to 999 1.34 1.43 1.45 1.483 Bed 1.26 1.34 1.40 1.41 1000 above 1.26 1.33 1.38 1.37All 1.31 1.39 1.42 1.43Douglas County Douglas CountyEfficiency 1.57 1.85 1.66 1.811 Bed 1.34 1.44 1.47 1.49 499 below2 Bed, 1 Bath 1.29 1.36 1.38 1.40 500 to 749 1.40 1.52 1.56 1.542 Bed, 2 Bath 1.22 1.30 1.34 1.34 750 to 999 1.33 1.42 1.44 1.473 Bed 1.24 1.30 1.38 1.37 1000 above 1.23 1.31 1.35 1.35All 1.29 1.38 1.41 1.42
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)
Rents are based on units being unfurnished with tenants paying gas and electricity.
2014 2014
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.
Average rents do not reflect "rental losses" due to concessions and discounts.
Unit Size by Market Area for Douglas County
VII-14
Building
Building Type 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 Up to 69 - 50 9 - 5051 - 99 51 - 99100 - 199 100 - 199200 to 349 9.1 12.0 12.4 7.2 200 to 349 12.8 16.2 15.1 12.3350 up 8.0 12.7 11.4 13.2 350 up 11.8 16.1 15.6 16.4 Age Age (year built)To 1959 To 19591960-69 1960-691970-79 1970-791980-89 10.7 18.0 15.2 1980-89 13.0 21.0 17.91990-99 6.6 12.9 12.0 8.5 1990-99 11.1 18.6 16.3 13.72000-04 8.6 11.6 10.4 11.6 2000-04 12.0 14.2 13.8 15.02005 up 12.8 8.8 15.0 5.6 2005 up 16.5 14.6 19.1 13.8
Market Area Market AreaCastle Rock 7.0 13.2 12.4 11.0 Castle Rock 8.7 15.5 15.6 14.4Douglas - North 8.3 12.2 11.6 10.1 Douglas - North 12.3 16.2 15.4 14.3
Average 8.5 12.4 11.7 10.3 Average 12.2 16.2 15.4 14.3
2014
and Market Area for Douglas County
as a Percentage of Gross Potential Rent
Defined as Physcial Vacancy Plus Concessions and Writeoffs
2014
Economic Vacancy Rates by Size, Age
(In Percent)
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)
VII-15
2 Bed 2 Bed1 Bath 2 Bath
Market Area TotalsCastle Rock 1106.02 1214.31 1391.43 1619.72 1281.93Douglas - North 995.00 1207.19 1383.71 1551.97 1952.61 2038.00 1402.33Douglas County Average 995.00 1193.55 1356.54 1527.71 1874.46 2038.00 1384.25
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 1106.02 1214.31 1391.43 1619.72 1281.93Douglas - North 995.00 1207.19 1383.71 1551.97 1952.61 2038.00 1402.33Douglas County Average 995.00 1193.55 1356.54 1527.71 1874.46 2038.00 1384.25
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 1175.03 1333.42 1495.84 1913.54 1358.59 995.00 1254.05 1421.28 1625.80 1813.05 1458.27 -99.69
Patio or Balcony 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Fireplace 995.00 1193.75 1345.58 1524.45 1868.41 1381.24 1186.14 1553.00 1739.05 2290.00 1494.91 -113.67
Nine-Foot Ceilings 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Swimming Pool 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Spa or Sauna 995.00 1233.91 1399.50 1572.59 1893.89 1427.01 997.33 1121.83 1306.72 1713.20 1163.04 263.98
Exercise Room 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Sport Court 995.00 1237.31 1419.08 1544.36 1948.48 1427.95 1143.86 1301.75 1507.51 1745.02 1333.29 94.66
Microwave 995.00 1199.49 1365.75 1534.71 1880.09 1391.19 962.50 1162.50 1287.50 1487.50 1143.41 247.78
Washer/Dryer Hookups 995.00 1204.20 1348.25 1525.89 1881.98 1386.98 1141.11 1385.51 1537.80 1839.14 1371.06 15.92
Garbage Disposal 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Dishwasher 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Air Conditioning 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Ceiling Fan 1110.65 1280.91 1459.33 1729.60 1304.26 995.00 1443.55 1683.76 1718.04 2287.07 1622.69 -318.43
Attached Garage 995.00 1183.53 1350.17 1561.99 1822.44 1390.05 1209.85 1373.71 1470.17 1988.30 1373.74 16.31
Covered Parking 1349.76 1743.72 1648.20 2018.95 1546.90 995.00 1127.45 1298.59 1478.12 1804.52 1323.34 223.56
Clubhouse 995.00 1199.59 1354.60 1539.06 1888.01 1385.17 1117.93 1376.00 1429.99 1818.00 1375.47 9.70
Business Center 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Pets Allowed 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Resident Pays Sewer/Water 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
Unit Security/Alarm System 1044.72 1162.93 1366.18 1501.29 1192.74 995.00 1246.35 1438.41 1576.35 1940.59 1446.64 -253.90
Handicapped Access 995.00 1197.46 1357.80 1528.56 1895.26 1381.87 1149.99 1350.88 1520.39 1795.21 1403.20 -21.33
Heat Included in Rent 995.00 1193.55 1356.54 1527.71 1874.46 1384.25 #VALUE!
With Feature/Amenity Without Feature/Amenity
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
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 11696 11275
0 421 0 74 7411275 11696 11696 11770 113493.7% 3.8% 3.7% 4.0% 4.0%
10858 11257 11267 11295 10891417 439 429 475 458150 399 10 28 587
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 11696 74 11770
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
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
Apartment Unit Absorption by Quarter and Year 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 1st 2nd 3rd 4th
SizeUp to 89 - 5051-99100 - 199200 to 349 3.6 4.9 6.3 4.4350 up 3.5 4.4 6.0 3.3
AgeTo 19591960-691970-791980-89 3.2 5.9 4.01990-99 3.6 4.3 5.3 3.72000-04 3.6 4.6 6.6 3.92005 up 3.1 4.7 6.6 5.3
Market AreaCastle Rock 4.4 6.8 7.1 5.9Douglas - North 3.5 4.5 6.0 3.7
County Average 3.5 4.6 6.1 3.9
for Douglas CountyBy Size, Age of Building, and Market Area
Monthly Resident Turnover
Resident turnover is for respective months of February, May, August and November.
(In Percent)
2014
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$926 to $950$951 to $975 17 716 2.4% 17 716 2.4%$976 to $1000 48 0.0% 48 0.0%$1001 to 1025 4 110 3.6% 4 110 3.6%$1026 to 1050 48 0.0% 48 0.0%$1051 to 1075 5 108 4.6% 5 108 4.6%$1076 to 1100 4 204 2.0% 148 0.0% 4 352 1.1%$1101 to 1125 10 306 3.3% 5 116 4.3% 15 422 3.6%$1126 to 1150 9 248 3.6% 9 248 3.6%$1151 to 1175 48 0.0% 48 0.0%$1176 to 1200 20 0.0% 20 0.0%$1201 to 1225 15 428 3.5% 5 232 2.2% 20 660 3.0%$1226 to 1250 4 122 3.3% 9 200 4.5% 13 322 4.0%$1251 to 1275 19 294 6.5% 19 294 6.5%$1276 to 1300 13 250 5.2% 1 60 1.7% 7 188 3.7% 21 498 4.2%$1301 to 1325 3 32 9.4% 3 32 9.4%$1326 to 1350 1 108 0.9% 1 96 1.0% 2 204 1.0%$1351 to 1375 17 0.0% 13 232 5.6% 13 249 5.2%$1376 to 1400 10 96 10.4% 43 0.0% 10 139 7.2%$1401 to 1425 4 144 2.8% 17 94 18.1% 21 238 8.8%$1426 to 1450 4 47 8.5% 44 0.0% 8 337 2.4% 12 428 2.8%$1451 to 1475 3 17 17.6% 3 17 17.6%$1476 to 1400 2 48 4.2% 5 31 16.1% 1 56 1.8% 8 135 5.9%$1501 to 1525 11 446 2.5% 2 60 3.3% 13 506 2.6%$1526 to 1550$1551 to 1575 8 56 14.3% 8 56 14.3%$1576 to 1500 9 176 5.1% 9 176 5.1%$1601 to 1625 1 23 4.3% 1 14 7.1% 2 37 5.4%$1626 to 1650 13 265 4.9% 76 0.0% 13 341 3.8%$1651 to 1675 76 0.0% 76 0.0%$1676 to 1600$1701 to 1725 2 75 2.7% 2 75 2.7%$1726 to 1750 4 111 3.6% 8 82 9.8% 3 66 4.5% 15 259 5.8%$1751 to 1775 1 27 3.7% 24 291 8.2% 25 318 7.9%$1776 to 1800 16 0.0% 4 24 16.7% 4 40 10.0%$1801 to 1825 10 108 9.3% 10 108 9.3%$1826 to 1850 1 4 25.0% 1 4 25.0%$1851 to 1875$1876 to 1900$1901 to 1926 24 0.0% 24 0.0% 48 0.0%$1926 to 1950$1951 to 1975$1976 to 2000 3 90 3.3% 3 90 3.3%$2000 and up 9 230 3.9% 4 145 2.8% 13 0.0% 13 388 3.4%TOTALS 48 0.0% 124 3353 3.7% 36 1060 3.4% 131 2826 4.6% 26 558 4.7% 13 0.0% 317 7858 4.0%
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 2 84 2.4% 2 84 2.4%$976 to $1000$1001 to 1025$1026 to 1050$1051 to 1075 5 108 4.6% 5 108 4.6%$1076 to 1100$1101 to 1125 4 116 3.4% 4 116 3.4%$1126 to 1150$1151 to 1175 48 0.0% 48 0.0%$1176 to 1200$1201 to 1225 4 144 2.8% 4 144 2.8%$1226 to 1250 4 122 3.3% 4 122 3.3%$1251 to 1275$1276 to 1300 7 188 3.7% 7 188 3.7%$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400$1401 to 1425$1426 to 1450 5 137 3.6% 5 137 3.6%$1451 to 1475$1476 to 1400 1 32 3.1% 1 32 3.1%$1501 to 1525 5 102 4.9% 24 0.0% 5 126 4.0%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650$1651 to 1675$1676 to 1600$1701 to 1725 2 75 2.7% 2 75 2.7%$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 15 452 3.3% 4 170 2.4% 17 427 4.0% 3 131 2.3% 39 1180 3.3%
Vacancy Rates During the Current QuarterCastle Rock
One Bathroom
Two Bedroom
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
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$926 to $950$951 to $975 15 632 2.4% 15 632 2.4%$976 to $1000 48 0.0% 48 0.0%$1001 to 1025 4 110 3.6% 4 110 3.6%$1026 to 1050 48 0.0% 48 0.0%$1051 to 1075$1076 to 1100 4 204 2.0% 148 0.0% 4 352 1.1%$1101 to 1125 6 190 3.2% 5 116 4.3% 11 306 3.6%$1126 to 1150 9 248 3.6% 9 248 3.6%$1151 to 1175$1176 to 1200 20 0.0% 20 0.0%$1201 to 1225 11 284 3.9% 5 232 2.2% 16 516 3.1%$1226 to 1250 9 200 4.5% 9 200 4.5%$1251 to 1275 19 294 6.5% 19 294 6.5%$1276 to 1300 13 250 5.2% 1 60 1.7% 14 310 4.5%$1301 to 1325 3 32 9.4% 3 32 9.4%$1326 to 1350 1 108 0.9% 1 96 1.0% 2 204 1.0%$1351 to 1375 17 0.0% 13 232 5.6% 13 249 5.2%$1376 to 1400 10 96 10.4% 43 0.0% 10 139 7.2%$1401 to 1425 4 144 2.8% 17 94 18.1% 21 238 8.8%$1426 to 1450 4 47 8.5% 44 0.0% 3 200 1.5% 7 291 2.4%$1451 to 1475 3 17 17.6% 3 17 17.6%$1476 to 1400 2 48 4.2% 5 31 16.1% 24 0.0% 7 103 6.8%$1501 to 1525 6 344 1.7% 2 36 5.6% 8 380 2.1%$1526 to 1550$1551 to 1575 8 56 14.3% 8 56 14.3%$1576 to 1500 9 176 5.1% 9 176 5.1%$1601 to 1625 1 23 4.3% 1 14 7.1% 2 37 5.4%$1626 to 1650 13 265 4.9% 76 0.0% 13 341 3.8%$1651 to 1675 76 0.0% 76 0.0%$1676 to 1600$1701 to 1725$1726 to 1750 4 111 3.6% 8 82 9.8% 3 66 4.5% 15 259 5.8%$1751 to 1775 1 27 3.7% 24 291 8.2% 25 318 7.9%$1776 to 1800 16 0.0% 4 24 16.7% 4 40 10.0%$1801 to 1825 10 108 9.3% 10 108 9.3%$1826 to 1850 1 4 25.0% 1 4 25.0%$1851 to 1875$1876 to 1900$1901 to 1926 24 0.0% 24 0.0% 48 0.0%$1926 to 1950$1951 to 1975$1976 to 2000 3 90 3.3% 3 90 3.3%$2000 and up 9 230 3.9% 4 145 2.8% 13 0.0% 13 388 3.4%TOTALS 48 0.0% 109 2901 3.8% 32 890 3.6% 114 2399 4.8% 23 427 5.4% 13 0.0% 278 6678 4.2%
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
314
Q4
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
1
2
2
3
3
4
4
5
5
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
14 Q1 14 Q2
14 Q3 14 Q4
0
200
400
600
800
1000
1200
1400
1600
1800
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
Efficiency 1 Bed
2 Bed, 1 Bath 2 Bed, 2 Bath
3 Bed All
VIII-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 Jefferson County
14 Q1
14 Q2
14 Q3
14 Q4
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 Jefferson County
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
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
228
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
314
Q4
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
14 Q
4
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
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
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
14 Q1
14 Q2
14 Q3
14 Q4
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
14 Q1
14 Q2
14 Q3
14 Q4
$857.44 $788.07
$1,135.76 $1,158.11
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 2.9
-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 1.1 -1.010.3 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 4.0 3.710.2 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 3.4-4.1 -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 -1.0 -0.213.9 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 3.2 3.16.4 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 3.9
-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 -0.3 0.56.9 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 3.2 3.48.4 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 2.9 4.50.5 -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 -1.0 -1.18.1 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 3.7
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 2.7 1.5-0.9 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 0.2 -2.011.4 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 2.7
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 3.8-0.5 -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 -0.4 -0.88.9 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 3.5
First Figure = Rate for Quarter in Percent
Jefferson County
Lakewood South
Wheat Ridge
Golden
2009
Third Figure = Twelve Month Average
Arvada
2007
Vacancy Rates by Market Area for Jefferson County
201220102005
Second Figure = Change from Year Ago
Due to rounding of the vacancy rate, numbers may not always add exactly.
20132011
Lakewood North
2006 20142008
VIII-9
1st 2nd 3rd 4th 1st 2nd 3rd 4thUp to 8 0.0 0.0 0.0 4.0 499 below 1.6 1.6 0.4 2.59 to 50 2.4 0.0 3.6 3.6 500 to 749 3.4 3.5 5.5 1.351 to 99 2.6 1.9 1.9 1.8 750 to 999 4.1 3.6 4.7 2.9100 to199 3.1 3.3 2.3 1.5 1000 above 6.9 2.5 4.8 4.5200 to 349 5.4 2.0 3.7 3.7350 up 7.2 8.4 3.4Up to 8 0.0 0.0 0.0 0.0 499 below 0.0 5.7 0.0 0.09 to 50 3.5 0.0 2.2 1.8 500 to 749 1.9 2.0 2.5 2.751 to 99 3.4 750 to 999 3.0 3.9 2.0 1.9100 to 199 5.7 1000 above 7.3 4.5 2.4 8.5200 to 349 3.4 3.4 2.1 3.8350 upUp to 8 0.0 2.1 7.5 2.6 499 below 3.0 1.4 1.5 2.89 to 50 1.0 1.9 1.3 1.2 500 to 749 4.2 4.6 3.2 3.851 to 99 4.0 2.8 2.8 2.0 750 to 999 3.4 3.0 2.6 4.1100 to 199 5.9 5.4 2.3 4.0 1000 above 1.9 1.4 2.9 4.4200 to 349 1.2 2.4350 up 3.1 3.2 3.5 5.0Up to 8 20.0 0.0 0.0 499 below 0.0 2.5 0.0 3.29 to 50 1.1 0.7 0.0 3.4 500 to 749 3.1 4.6 2.1 4.1
51 to 99 2.8 1.1 1.1 1.0 750 to 999 3.0 3.2 3.3 3.6 100 to 199 2.2 3.4 2.1 3.0 1000 above 3.9 4.2 3.2 5.7
200 to 349 3.4 4.1 3.3 4.0350 up 3.6 4.2 3.2 5.6Up to 8 0.0 0.0 0.0 5.7 499 below 3.8 2.4 3.7 1.29 to 50 3.3 0.6 1.2 1.8 500 to 749 3.5 3.6 3.1 2.0
51 to 99 5.6 3.8 1.9 0.0 750 to 999 2.4 3.6 1.3 1.1 100 to 199 1.9 5.8 1.0 0.0 1000 above 7.1 3.4 6.0 1.4
200 to 349 2.7 2.9 1.4 1.2350 up 4.2 5.2 6.0 2.2Up to 8 0.0 1.7 2.4 3.3 499 below 2.3 2.6 1.0 2.49 to 50 1.9 1.0 1.7 2.0 500 to 749 3.2 4.1 3.1 3.451 to 99 3.5 2.2 1.9 1.5 750 to 999 3.1 3.4 3.3 3.2100 to 199 3.1 4.0 2.1 2.6 1000 above 4.2 3.8 3.4 5.4200 to 349 3.6 3.5 3.0 3.7350 up 3.6 4.4 4.3 5.1
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
2014
County
Lakewood North Lakewood North
Arvada
VIII-10
CountyCounty Year 1st 2nd 3rd 4th 1st 2nd 3rd 4th
To 1959 0.0 Efficiency 10.0 2.5 3.8 0.01960-69 2.7 1.1 3.2 2.2 1 Bed 3.5 3.3 4.6 2.41970-79 3.0 2.4 1.9 2.3 2 Bed, 1 Bath 3.2 3.0 4.3 2.71980-89 7.2 12.2 2 Bed, 2 Bath 5.6 4.0 5.6 3.31990-99 3 Bed 7.4 0.9 2.8 5.52000-04 Other 0.0 10.0 8.32005 up 7.1 2.6 5.1 3.9 All 4.2 3.2 4.5 2.9To 1959 0.0 0.0 0.0 0.0 Efficiency 0.0 5.7 0.0 0.01960-69 0.0 0.0 0.0 2.7 1 Bed 3.1 2.1 2.4 2.91970-79 1.6 4.4 1.6 1.0 2 Bed, 1 Bath 0.0 0.0 0.0 0.01980-89 2 Bed, 2 Bath 3.9 4.6 2.0 4.91990-99 6.6 3.0 2.5 6.3 3 Bed 2.2 8.5 2.2 0.02000-04 4.4 0.0 4.4 4.4 Other2005 up All 3.3 3.7 2.1 3.4To 1959 1.8 0.6 1.8 4.6 Efficiency 5.6 0.0 0.0 0.01960-69 2.4 1.1 3.1 2.2 1 Bed 3.3 3.8 3.6 3.91970-79 3.1 3.8 1.1 1.7 2 Bed, 1 Bath 4.4 3.8 1.9 3.31980-89 5.1 3.8 3.6 3.3 2 Bed, 2 Bath 2.9 2.3 2.7 4.51990-99 3 Bed 4.0 1.9 5.0 5.72000-04 1.2 4.5 2.9 7.2 Other 0.0 4.6 1.1 4.62005 up 9.1 9.1 0.0 All 3.2 3.4 2.9 3.9To 1959 Efficiency 0.0 1.1 1.7 1.81960-69 5.0 3.0 0.0 4.0 1 Bed 3.3 3.9 2.8 4.41970-79 3.6 4.2 2.5 4.3 2 Bed, 1 Bath 3.1 3.3 3.7 3.01980-89 3.1 4.2 1.8 2.3 2 Bed, 2 Bath 3.5 3.7 2.7 5.01990-99 2.8 3.5 3.3 4.9 3 Bed 2.9 7.5 4.1 4.92000-04 4.9 4.3 4.8 6.3 Other 4.2 0.0 2.0 6.72005 up All 3.3 3.9 2.9 4.5To 1959 0.0 0.0 0.0 6.3 Efficiency 3.1 3.1 4.8 1.61960-69 3.1 3.2 1.1 1.6 1 Bed 3.5 3.7 3.1 1.91970-79 3.3 3.7 3.0 1.5 2 Bed, 1 Bath 3.2 4.3 1.8 1.31980-89 2.1 2.1 0.0 2 Bed, 2 Bath 0.0 1.2 0.7 1.41990-99 3 Bed 5.8 2.9 7.6 1.92000-04 Other 2.0 3.0 0.0 0.02005 up All 3.2 3.5 2.7 1.5To 1959 1.6 0.5 1.6 4.6 Efficiency 3.6 3.3 2.7 1.31960-69 2.8 1.9 2.3 2.2 1 Bed 3.3 3.6 3.2 3.81970-79 3.2 3.7 2.3 3.0 2 Bed, 1 Bath 3.3 3.4 3.3 2.71980-89 3.8 4.6 4.2 2.7 2 Bed, 2 Bath 3.5 3.6 3.0 4.71990-99 3.2 3.4 3.2 5.0 3 Bed 4.4 5.0 4.3 4.72000-04 3.9 4.3 3.9 6.6 Other 1.7 2.9 1.2 4.62005 up 7.1 2.8 5.2 3.8 All 3.4 3.7 3.2 3.8
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
Gol
den
20142014
VIII-11
County 1st 2nd 3rd 4th County Year Built 1st 2nd 3rd 4thArvada Arvada To 1959 775.00Efficiency 892.75 895.38 968.88 970.00 1960-69 848.14 916.54 930.39 945.921 Bed 886.66 937.41 1017.64 976.65 1970-79 874.31 908.95 936.15 940.322 Bed, 1 Bath 887.48 965.57 1012.76 999.23 1980-89 1191.22 1209.122 Bed, 2 Bath 1227.94 1279.24 1403.09 1435.49 1990-993 Bed 1193.63 1234.82 1386.92 1392.81 2000-04All 978.78 1033.08 1114.65 1101.84 2005 up 1234.90 1239.18 1366.66 1377.52Golden Golden To 1959 663.33 672.50 726.67 752.50Efficiency 511.25 880.64 657.50 735.75 1960-69 885.00 920.00 4583.00 722.671 Bed 1035.64 1140.93 1226.63 1152.59 1970-79 939.39 967.95 987.00 1007.042 Bed, 1 Bath 900.56 1200.00 2979.44 925.63 1980-892 Bed, 2 Bath 1226.49 1425.05 1420.28 1324.25 1990-99 1317.54 1582.81 1536.03 1458.943 Bed 1186.96 1530.24 1235.13 1239.36 2000-04 2110.62 2113.49 2133.91 2139.93All 1112.04 1227.66 1316.59 1211.21 2005 upLakewood North Lakewood North To 1959 762.45 774.51 739.73 869.40Efficiency 553.08 570.74 489.14 507.93 1960-69 842.05 865.79 870.67 859.401 Bed 826.39 936.38 952.26 950.23 1970-79 744.42 779.23 821.29 797.252 Bed, 1 Bath 874.47 1330.95 1045.44 1067.31 1980-89 958.81 991.26 1049.08 1146.492 Bed, 2 Bath 1325.72 1119.72 1408.65 1251.53 1990-993 Bed 1005.70 1309.29 1638.13 1349.25 2000-04 1759.74 1094.22 1462.23 1196.98All 994.72 1089.46 1135.97 1052.87 2005 up 935.23 997.73 997.73Lakewood South Lakewood South To 1959Efficiency 722.31 729.95 730.60 827.76 1960-69 1068.00 880.38 912.09 963.401 Bed 939.28 1013.10 1049.29 1041.47 1970-79 956.67 994.56 1054.21 1021.312 Bed, 1 Bath 1045.78 1075.02 1138.56 1131.05 1980-89 1104.48 1144.52 1277.22 1174.542 Bed, 2 Bath 1204.49 1272.26 1337.96 1274.53 1990-99 1157.86 1258.53 1277.45 1261.613 Bed 1498.57 1604.59 1599.66 1607.03 2000-04 1298.52 1287.29 1280.20 1329.59All 1082.60 1148.90 1210.86 1176.60 2005 upWheat Ridge Wheat Ridge To 1959 807.38 814.75 825.25 865.50Efficiency 712.46 739.65 761.73 751.52 1960-69 840.54 862.40 844.15 847.101 Bed 751.80 767.68 803.79 793.14 1970-79 817.86 833.39 881.04 891.302 Bed, 1 Bath 859.17 861.51 911.04 952.41 1980-89 825.00 858.85 858.852 Bed, 2 Bath 795.17 828.02 840.98 837.35 1990-993 Bed 1129.27 1158.93 1190.90 1223.11 2000-04All 821.08 836.77 874.40 883.86 2005 upJefferson County To 1959 763.11 774.68 747.07 865.50Efficiency 718.97 792.36 757.10 796.20 1960-69 850.58 879.82 909.92 867.501 Bed 910.86 983.94 1017.75 1003.25 1970-79 901.49 933.99 970.25 965.812 Bed, 1 Bath 943.07 1052.37 1048.38 1054.85 1980-89 1057.96 1108.25 1194.23 1155.632 Bed, 2 Bath 1205.68 1260.47 1342.47 1277.67 1990-99 1175.32 1297.65 1299.81 1275.493 Bed 1334.54 1441.69 1506.48 1486.25 2000-04 1460.01 1235.05 1389.82 1301.34All 1032.66 1100.97 1155.20 1123.56 2005 up 1234.90 1228.22 1358.45 1369.06
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.
Jefferson County
20142014
VIII-12
1st 2nd 3rd 4th County 1st 2nd 3rd 4thArvada ArvadaUp to 8 725.47 753.71 815.46 840.40 Efficiency 935.45 935.45 939.82 939.829 to 50 734.19 748.30 788.35 838.80 1 Bed 848.17 848.31 1088.38 936.2051 to 99 914.97 1028.61 1041.91 936.64 2 Bed, 1 Bath 883.35 937.45 991.30 1001.66100 to 199 893.14 922.84 939.10 959.23 2 Bed, 2 Bath 1343.10 1323.40 1367.95 1418.00200 to 349 1065.51 1081.51 1127.27 1144.71 3 Bed 1137.68 1190.94 1282.00 1248.00350 and up 1191.22 1344.02 1483.66 All 912.54 997.56 1095.64 1029.13Golden GoldenUp to 8 767.63 802.89 1791.32 795.26 Efficiency 442.00 887.69 682.00 688.009 to 50 1831.89 1837.05 1438.79 1357.97 1 Bed 894.40 972.60 1382.63 1355.1251 to 99 636.21 2 Bed, 1 Bath 882.00 1046.00 1032.00 894.00100 to 199 1241.30 2 Bed, 2 Bath 1086.29 1168.32 1097.39 1098.22200 to 349 1074.51 1194.20 1283.50 1252.71 3 Bed 1189.41 1222.43 1236.80 1240.18350 and up All 1042.07 1059.33 1377.37 1226.00Lakewood North Lakewood NorthUp to 8 832.58 832.38 875.05 910.54 Efficiency 535.88 541.00 417.57 424.439 to 50 759.40 1685.81 800.08 782.50 1 Bed 751.74 907.12 1030.39 998.0451 to 99 864.69 885.52 894.82 908.11 2 Bed, 1 Bath 858.22 898.16 929.00 1138.00100 to 199 746.10 775.15 775.51 929.42 2 Bed, 2 Bath 1189.85 1099.36 1406.20 1310.20200 to 349 1759.74 1699.40 3 Bed 988.88 1412.31 1931.65 1481.65350 and up 1050.75 1094.04 1277.35 1188.21 All 875.83 939.45 1084.55 1028.37Lakewood South Lakewood SouthUp to 8 695.00 775.00 695.00 Efficiency 713.00 734.00 755.67 834.599 to 50 851.70 818.92 909.54 963.62 1 Bed 919.50 1037.52 1049.55 1055.6151 to 99 780.97 913.65 926.57 985.06 2 Bed, 1 Bath 1039.54 1086.50 1038.00 1184.19100 to199 973.62 989.65 1004.71 1048.23 2 Bed, 2 Bath 1190.55 1245.23 1273.60 1293.55200 to 349 1110.94 1205.12 1206.32 1165.50 3 Bed 1395.74 1591.00 1540.05 1641.50350 and up 1120.62 1193.82 1327.34 1242.41 All 1084.05 1140.08 1189.80 1180.87Wheat Ridge Wheat RidgeUp to 8 809.81 791.71 830.33 828.11 Efficiency 691.63 716.63 767.19 741.639 to 50 735.88 768.98 784.10 786.67 1 Bed 741.40 741.40 818.41 766.2551 to 99 655.00 759.25 790.77 763.21 2 Bed, 1 Bath 876.80 868.33 951.68 948.99100 to199 938.74 973.69 926.80 930.58 2 Bed, 2 Bath 788.13 821.84 849.44 850.00200 to 349 766.48 792.88 833.95 824.69 3 Bed 1278.32 1303.32 1327.89 1378.32350 and up 919.26 917.91 972.10 1035.42 All 790.61 814.99 846.25 859.22Jefferson County Jefferson CountyUp to 8 797.35 800.07 985.17 846.26 Efficiency 697.91 841.31 760.27 830.779 to 50 852.46 1208.51 875.05 879.13 1 Bed 890.82 960.96 1024.73 1009.0651 to 99 835.80 906.35 930.38 905.08 2 Bed, 1 Bath 885.68 932.32 965.53 1020.61100 to 199 908.93 968.26 949.42 998.63 2 Bed, 2 Bath 1183.91 1240.08 1352.92 1304.10200 to 349 1089.39 1140.01 1183.05 1136.64 3 Bed 1293.05 1403.08 1490.79 1484.46350 and up 1091.54 1152.92 1292.80 1231.87 All 992.13 1064.84 1127.80 1095.49
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 2014
VIII-13
County CountyApartment Type 1st 2nd 3rd 4th Apartment Square Feet 1st 2nd 3rd 4thArvada ArvadaEfficiency 1.64 1.65 1.72 1.721 Bed 1.29 1.39 1.46 1.42 499 below 1.90 1.95 1.96 1.992 Bed, 1 Bath 1.05 1.17 1.22 1.19 500 to 749 1.21 1.37 1.43 1.342 Bed, 2 Bath 1.18 1.27 1.33 1.31 750 to 999 1.14 1.24 1.32 1.303 Bed 1.10 1.14 1.23 1.26 1000 above 1.16 1.20 1.30 1.31All 1.16 1.27 1.34 1.31Golden GoldenEfficiency 1.49 1.52 1.57 2.001 Bed 1.47 1.60 1.67 1.59 499 below 1.49 1.52 1.57 1.932 Bed, 1 Bath 1.26 1.41 3.72 1.26 500 to 749 1.46 1.54 1.65 1.502 Bed, 2 Bath 1.29 1.46 1.44 1.35 750 to 999 1.38 1.50 1.57 1.473 Bed 1.10 1.38 1.14 1.15 1000 above 1.22 1.58 1.46 1.36All 1.38 1.53 1.56 1.46Lakewood North Lakewood NorthEfficiency 1.35 1.50 1.29 1.321 Bed 1.27 1.31 1.42 1.47 499 below 1.43 1.50 1.29 1.322 Bed, 1 Bath 1.03 1.08 1.18 1.20 500 to 749 1.22 1.31 1.40 1.472 Bed, 2 Bath 1.19 1.18 1.34 1.32 750 to 999 1.00 1.09 1.24 1.193 Bed 0.87 1.07 1.33 1.10 1000 above 1.19 1.08 1.25 1.19All 1.18 1.20 1.32 1.33Lakewood South Lakewood SouthEfficiency 1.67 1.66 1.91 1.771 Bed 1.30 1.40 1.46 1.40 499 below 2.16 2.14 2.31 2.232 Bed, 1 Bath 1.18 1.22 1.29 1.28 500 to 749 1.30 1.38 1.46 1.452 Bed, 2 Bath 1.18 1.25 1.28 1.22 750 to 999 1.24 1.32 1.38 1.343 Bed 1.20 1.26 1.28 1.27 1000 above 1.16 1.22 1.24 1.19All 1.24 1.31 1.35 1.31Wheat Ridge Wheat RidgeEfficiency 2.00 2.08 2.15 2.111 Bed 1.24 1.27 1.33 1.31 499 below 2.01 2.03 2.11 2.072 Bed, 1 Bath 1.02 1.02 1.08 1.13 500 to 749 1.24 1.27 1.33 1.312 Bed, 2 Bath 0.93 0.92 0.95 0.95 750 to 999 1.00 1.01 1.06 1.093 Bed 1.08 1.11 1.13 1.17 1000 above 1.10 0.97 1.00 1.02All 1.16 1.16 1.21 1.22Jefferson County Jefferson CountyEfficiency 1.71 1.74 1.84 1.781 Bed 1.31 1.39 1.45 1.42 499 below 1.71 1.91 1.97 1.912 Bed, 1 Bath 1.10 1.15 1.22 1.22 500 to 749 1.29 1.36 1.43 1.432 Bed, 2 Bath 1.19 1.25 1.29 1.24 750 to 999 1.19 1.27 1.34 1.303 Bed 1.14 1.21 1.26 1.23 1000 above 1.16 1.22 1.25 1.20All 1.22 1.29 1.34 1.31
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.
2014 2014
(In Dollars)
VIII-14
Building
Building Type 1st 2nd 3rd 4th Type 1st 2nd 3rd 4th
Size Size (in units)Up to 8 1.0 0.5 17.2 0.6 Up to 6 1.0 2.1 19.6 3.99 - 50 -0.4 30.9 1.9 3.3 9 - 50 1.5 31.9 3.7 5.351 - 99 3.7 3.7 6.7 3.7 51 - 99 7.2 5.9 8.7 5.2100 - 199 0.1 1.4 4.4 12.5 100 - 199 3.2 5.4 6.6 15.1200 to 349 5.2 11.2 7.6 3.4 200 to 349 8.8 14.7 10.6 7.1350 up 6.4 8.3 10.1 5.8 350 up 10.0 12.6 14.4 10.9 Age Age (year built)To 1959 8.4 8.9 1.7 12.2 To 1959 10.0 9.5 3.3 16.81960-69 2.5 2.3 8.6 4.6 1960-69 5.2 4.1 10.9 6.81970-79 3.4 5.1 8.7 7.2 1970-79 6.6 8.8 11.1 10.21980-89 6.6 5.3 7.5 4.8 1980-89 10.3 9.9 11.8 7.51990-99 6.2 13.5 8.4 4.4 1990-99 9.4 16.9 11.7 9.42000-04 2.7 2.2 10.3 13.7 2000-04 6.6 6.4 14.2 20.42005 up -3.0 -5.0 0.6 -2.3 2005 up 4.2 -2.2 5.8 1.5
Market Area Market AreaArvada -1.9 0.9 3.4 4.0 Arvada 2.3 4.1 8.0 6.9Golden 0.7 6.2 5.0 1.6 Golden 4.0 9.9 7.2 5.0Lakewood North 7.0 19.6 8.2 8.7 Lakewood North 10.3 23.0 11.1 12.6Lakewood South 6.0 9.1 9.6 6.1 Lakewood South 9.3 13.0 12.6 10.5Wheat Ridge 8.2 6.5 8.2 10.3 Wheat Ridge 11.4 10.0 10.8 11.8
Average 4.3 9.5 7.9 5.9 Average 7.7 13.2 11.1 9.7
Includes Discounts and Concessions
(In Percent)
Defined as Physcial Vacancy Plus Discounts and Concessions
(In Percent)
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 970.00 976.65 999.23 1435.49 1392.81 1650.00 1101.84Golden 735.75 1152.59 925.63 1324.25 1239.36 1211.21Lakewood North 507.93 950.23 1067.31 1251.53 1349.25 977.82 1052.87Lakewood South 827.76 1041.47 1131.05 1274.53 1607.03 1216.87 1176.60Wheat Ridge 751.52 793.14 952.41 837.35 1223.11 856.51 883.86Jefferson County Average 796.20 1003.25 1054.85 1277.67 1486.25 1078.81 1123.56
Buildings with up to 6 UnitsArvada 651.67 918.00 873.61Golden 1035.00 573.33 801.00 802.73Lakewood North 783.33 1241.57 983.81Lakewood South 695.00 695.00Wheat Ridge 702.00 840.71 970.00 812.50Jefferson County Average 1035.00 653.18 834.79 1207.63 857.44
Buildings with 7 to 36 UnitsArvada 650.00 769.28 986.00 805.16Golden 682.94 798.38 958.42 813.15Lakewood North 570.00 719.17 777.29 900.26 1159.00 921.56 768.14Lakewood South 765.00 855.00 1030.50 963.62Wheat Ridge 587.50 679.63 831.51 900.00 785.00 765.85Jefferson County Average 651.46 726.21 807.99 900.25 1033.43 982.08 788.07
Buildings with 37 and Above UnitsArvada 970.00 978.05 1009.79 1435.49 1408.16 1650.00 1108.67Golden 1196.90 1324.25 1239.36 1258.59Lakewood North 499.31 985.21 1127.74 1268.25 1360.85 987.61 1091.45Lakewood South 827.76 1041.77 1133.91 1274.53 1607.03 1242.93 1177.53Wheat Ridge 756.81 802.73 972.59 836.93 1229.95 856.51 893.69Jefferson County Average 803.71 1013.50 1075.28 1279.28 1493.56 1089.36 1135.76
Buildings with 5 Stories and AboveArvadaGolden 1879.48 2367.83 2139.93Lakewood NorthLakewood South 985.00 1028.00 1005.76Wheat RidgeJefferson County Average 1094.85 1224.07 1158.11
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 808.48 1034.88 1135.55 1304.78 1572.40 1171.91 792.97 974.89 1002.73 1247.96 1427.94 1082.70 89.21
Patio or Balcony 921.99 1069.41 1155.60 1341.02 1612.31 1209.52 767.59 783.57 885.08 1001.84 1161.67 895.23 314.30
Fireplace 776.56 1098.84 1241.14 1356.07 1664.77 1246.97 797.03 887.24 956.54 1155.87 1314.77 998.57 248.40
Nine-Foot Ceilings 999.26 1116.90 1250.94 1391.07 1693.10 1274.97 768.70 888.83 992.62 1129.24 1287.56 998.48 276.49
Swimming Pool 828.22 1049.87 1118.79 1340.91 1529.78 1176.44 639.93 800.63 847.60 1054.78 1297.77 927.49 248.95
Spa or Sauna 1012.00 1124.80 1224.14 1392.11 1781.85 1264.39 768.37 898.81 997.33 1172.35 1363.17 1031.24 233.15
Exercise Room 964.30 1103.52 1210.95 1362.44 1641.49 1248.19 767.77 793.01 915.42 1024.73 1191.61 907.63 340.56
Sport Court 847.21 1063.91 1207.77 1358.90 1552.68 1217.02 753.73 985.47 1013.84 1249.36 1455.48 1094.11 122.91
Microwave 880.31 1136.30 1254.66 1382.17 1728.08 1267.23 685.37 881.59 987.82 1151.42 1342.58 1012.14 255.09
Washer/Dryer Hookups 1012.00 1137.59 1219.70 1396.48 1609.77 1277.95 768.37 848.64 970.74 1092.93 1292.61 967.66 310.29
Garbage Disposal 800.65 1038.94 1092.01 1336.58 1520.08 1163.45 750.57 753.11 838.70 972.64 1196.94 884.77 278.68
Dishwasher 801.67 1043.64 1105.09 1336.84 1545.81 1169.90 750.36 750.04 841.97 972.25 1167.56 882.79 287.11
Air Conditioning 800.88 1039.98 1109.31 1336.58 1567.74 1169.07 748.14 754.54 846.98 972.64 1144.70 890.85 278.22
Ceiling Fan 827.61 1021.48 1103.37 1340.74 1532.64 1156.72 627.98 964.84 902.99 1174.64 1384.54 1055.86 100.86
Attached Garage 1229.04 1406.91 1487.13 1821.26 1380.87 796.20 941.78 1028.23 1211.93 1420.06 1067.50 313.38
Covered Parking 967.23 1083.64 1204.14 1341.24 1652.67 1224.72 767.86 919.49 964.29 1206.08 1358.29 1035.61 189.12
Clubhouse 950.25 1103.89 1190.41 1380.30 1632.21 1247.12 767.98 830.04 926.03 1064.55 1249.19 940.17 306.95
Business Center 964.30 1102.39 1220.15 1353.40 1639.40 1249.07 767.77 819.04 929.23 1052.45 1184.53 922.42 326.65
Pets Allowed 818.17 1065.08 1126.93 1345.36 1537.18 1191.89 721.97 741.41 838.64 960.12 1157.16 855.29 336.61
Resident Pays Sewer/Water 815.35 1060.14 1136.31 1349.30 1581.55 1188.56 704.41 772.47 862.86 1021.42 1242.90 915.20 273.35
Unit Security/Alarm System 1150.99 1377.44 1484.95 1872.48 1346.71 796.20 979.04 1029.33 1243.04 1430.34 1093.01 253.70
Handicapped Access 853.53 1066.24 1171.47 1337.76 1611.00 1198.74 725.18 946.18 1001.57 1216.83 1391.31 1063.67 135.06
Heat Included in Rent 719.29 847.66 875.18 1370.24 991.67 940.65 802.08 1008.81 1059.09 1276.19 1488.75 1128.22 -187.57
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 BedFeature/Amenity Efficiency 1 Bed 3 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% 3.8% 4.4% 4.4%
39617 39787 40060 39861 398611954 1875 1602 1816 1816
-83 170 272 -198 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 42866 42866 422710 595 0 228 228
42271 42866 42866 43094 424993.4% 3.7% 3.2% 3.8% 3.8%
40827 41298 41497 41436 408641444 1568 1369 1658 1635518 471 200 -61 1127
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 42866 228 43094
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 1st 2nd 3rd 4th
SizeUp to 8 2.2 4.1 2.7 2.59 - 50 1.2 1.7 2.6 3.751-99 2.9 3.0 4.1 1.7100 - 199 3.7 6.0 5.5 2.3200 to 349 3.7 4.6 4.8 4.2350 up 2.8 4.8 6.2 3.9
AgeTo 1959 4.3 3.7 3.3 3.01960-69 2.8 3.0 3.2 2.41970-79 3.1 4.4 4.2 3.41980-89 4.2 5.2 6.1 4.01990-99 3.1 4.9 5.6 3.92000-04 1.7 5.7 5.0 3.52005 up 5.4 6.4 7.2 4.3
Market AreaArvada 4.2 4.2 5.4 3.5Golden 2.5 6.3 0.0 3.9Lakewood North 3.9 5.7 4.7 3.0Lakewood South 2.9 4.7 5.5 3.8Wheat Ridge 3.7 4.2 4.4 3.2
County Average 3.3 4.8 5.2 3.7
(In Percent)
By Size, Age of Building, and Market Area
2014
for Jefferson County
Monthly Resident Turnover
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 1 0.0% 1 0.0% 2 0.0%$451 to $475$476 to $500 5 0.0% 2 0.0% 7 0.0%$501 to $525 1 0.0% 2 0.0% 3 0.0%$526 to $550 14 0.0% 3 0.0% 3 0.0% 20 0.0%$551 to $575 1 9 11.1% 5 0.0% 1 14 7.1%$576 to $600 4 0.0% 2 78 2.6% 2 0.0% 2 84 2.4%$601 to $625 5 0.0% 1 30 3.3% 4 0.0% 1 39 2.6%$626 to $650 4 132 3.0% 1 15 6.7% 1 0.0% 5 148 3.4%$651 to $675 154 0.0% 13 0.0% 167 0.0%$676 to $700 19 0.0% 2 178 1.1% 3 66 4.5% 22 0.0% 5 285 1.8%$701 to $725 3 0.0% 3 80 3.8% 41 0.0% 3 124 2.4%$726 to $750 3 83 3.6% 1 207 0.5% 1 66 1.5% 2 0.0% 5 358 1.4%$751 to $775 3 276 1.1% 43 0.0% 4 30 13.3% 7 349 2.0%$776 to $800 10 0.0% 151 0.0% 3 111 2.7% 2 95 2.1% 1 0.0% 5 368 1.4%$801 to $825 63 0.0% 3 82 3.7% 73 0.0% 1 0.0% 24 0.0% 3 243 1.2%$826 to $850 2 186 1.1% 1 213 0.5% 36 0.0% 74 0.0% 49 0.0% 3 558 0.5%$851 to $875 6 259 2.3% 3 75 4.0% 2 106 1.9% 24 0.0% 11 464 2.4%$876 to $900 7 208 3.4% 223 0.0% 32 0.0% 1 0.0% 21 0.0% 7 485 1.4%$901 to $925 101 0.0% 2 152 1.3% 27 0.0% 2 6 33.3% 4 286 1.4%$926 to $950 33 0.0% 4 175 2.3% 4 163 2.5% 2 27 7.4% 2 0.0% 8 0.0% 10 408 2.5%$951 to $975 7 145 4.8% 129 0.0% 24 0.0% 3 0.0% 5 0.0% 7 306 2.3%$976 to $1000 52 648 8.0% 3 206 1.5% 84 0.0% 1 31 3.2% 1 8 12.5% 57 977 5.8%$1001 to 1025 23 435 5.3% 6 257 2.3% 2 53 3.8% 11 0.0% 8 0.0% 31 764 4.1%$1026 to 1050 3 0.0% 11 288 3.8% 5 243 2.1% 8 215 3.7% 77 0.0% 14 0.0% 24 840 2.9%$1051 to 1075 16 338 4.7% 10 0.0% 1 28 3.6% 6 0.0% 3 16 18.8% 20 398 5.0%$1076 to 1100 23 562 4.1% 3 39 7.7% 33 0.0% 21 0.0% 14 0.0% 26 669 3.9%$1101 to 1125 1 48 2.1% 60 0.0% 86 0.0% 48 0.0% 12 0.0% 1 254 0.4%$1126 to 1150 4 180 2.2% 4 168 2.4% 2 220 0.9% 4 0.0% 30 0.0% 10 602 1.7%$1151 to 1175 10 323 3.1% 1 8 12.5% 4 0.0% 2 0.0% 11 337 3.3%$1176 to 1200 16 251 6.4% 16 360 4.4% 9 182 4.9% 7 0.0% 1 0.0% 41 801 5.1%$1201 to 1225 12 0.0% 8 157 5.1% 14 267 5.2% 10 0.0% 22 446 4.9%$1226 to 1250 5 102 4.9% 1 28 3.6% 12 181 6.6% 3 49 6.1% 21 360 5.8%$1251 to 1275 3 67 4.5% 8 147 5.4% 38 0.0% 9 66 13.6% 20 318 6.3%$1276 to 1300 30 466 6.4% 4 123 3.3% 13 318 4.1% 6 0.0% 33 0.0% 47 946 5.0%$1301 to 1325 1 24 4.2% 8 120 6.7% 1 34 2.9% 12 0.0% 10 190 5.3%$1326 to 1350 2 128 1.6% 12 217 5.5% 20 575 3.5% 1 28 3.6% 35 948 3.7%$1351 to 1375 6 201 3.0% 24 518 4.6% 30 719 4.2%$1376 to 1400 18 0.0% 5 97 5.2% 4 92 4.3% 1 1 100.0% 10 208 4.8%$1401 to 1425 18 184 9.8% 1 16 6.3% 19 200 9.5%$1426 to 1450 1 21 4.8% 3 88 3.4% 1 24 4.2% 5 133 3.8%$1451 to 1475 5 77 6.5% 20 116 17.2% 1 16 6.3% 26 209 12.4%$1476 to 1400 4 79 5.1% 11 190 5.8% 15 269 5.6%$1501 to 1525 14 112 12.5% 1 62 1.6% 15 174 8.6%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 16 175 9.1% 16 175 9.1%$1626 to 1650 1 0.0% 1 24 4.2% 1 12 8.3% 2 37 5.4%$1651 to 1675 1 58 1.7% 4 146 2.7% 5 204 2.5%$1676 to 1600 4 0.0% 11 88 12.5% 11 92 12.0%$1701 to 1725$1726 to 1750 3 0.0% 3 41 7.3% 3 44 6.8%$1751 to 1775 5 74 6.8% 5 74 6.8%$1776 to 1800 2 0.0% 36 0.0% 38 0.0%$1801 to 1825 4 32 12.5% 4 32 12.5%$1826 to 1850 4 132 3.0% 1 19 5.3% 5 151 3.3%$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975 24 0.0% 24 0.0%$1976 to 2000 8 0.0% 8 0.0%$2000 and up 1 3 33.3% 1 24 4.2% 6 74 8.1% 8 101 7.9%TOTALS 5 394 1.3% 245 6528 3.8% 90 3300 2.7% 221 4701 4.7% 56 1194 4.7% 17 366 4.6% 634 16483 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 QuarterJefferson County
One BedroomEfficiencies
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 1 0.0% 1 0.0%$501 to $525 1 0.0% 2 0.0% 3 0.0%$526 to $550 3 0.0% 1 0.0% 4 0.0%$551 to $575 6 0.0% 4 0.0% 10 0.0%$576 to $600 32 0.0% 2 0.0% 34 0.0%$601 to $625 4 0.0% 1 0.0% 5 0.0%$626 to $650 3 80 3.8% 8 0.0% 3 88 3.4%$651 to $675 9 0.0% 8 0.0% 17 0.0%$676 to $700 7 0.0% 10 0.0% 3 41 7.3% 3 58 5.2%$701 to $725 22 0.0% 29 0.0% 51 0.0%$726 to $750 31 0.0% 11 0.0% 42 0.0%$751 to $775 11 0.0% 21 0.0% 32 0.0%$776 to $800 9 0.0% 17 0.0% 26 0.0%$801 to $825 7 0.0% 1 28 3.6% 1 35 2.9%$826 to $850 1 53 1.9% 13 0.0% 1 66 1.5%$851 to $875 111 0.0% 21 0.0% 132 0.0%$876 to $900 30 0.0% 40 0.0% 1 0.0% 71 0.0%$901 to $925 22 0.0% 17 0.0% 39 0.0%$926 to $950 33 0.0% 4 60 6.7% 1 46 2.2% 5 139 3.6%$951 to $975 9 0.0% 9 0.0%$976 to $1000 3 149 2.0% 1 8 12.5% 4 157 2.5%$1001 to 1025 1 24 4.2% 6 254 2.4% 6 0.0% 7 284 2.5%$1026 to 1050 3 30 10.0% 2 29 6.9% 1 0.0% 5 60 8.3%$1051 to 1075$1076 to 1100 3 159 1.9% 3 39 7.7% 3 0.0% 6 201 3.0%$1101 to 1125 60 0.0% 48 0.0% 48 0.0% 156 0.0%$1126 to 1150 2 0.0% 2 0.0%$1151 to 1175 3 0.0% 3 0.0%$1176 to 1200 2 0.0% 2 0.0%$1201 to 1225 12 0.0% 1 0.0% 3 0.0% 16 0.0%$1226 to 1250 3 36 8.3% 3 36 8.3%$1251 to 1275 15 0.0% 15 0.0%$1276 to 1300 10 250 4.0% 10 250 4.0%$1301 to 1325 3 0.0% 3 0.0%$1326 to 1350 1 0.0% 1 0.0%$1351 to 1375 5 132 3.8% 5 132 3.8%$1376 to 1400$1401 to 1425 1 24 4.2% 1 0.0% 1 25 4.0%$1426 to 1450 1 21 4.8% 1 24 4.2% 2 45 4.4%$1451 to 1475 5 77 6.5% 5 77 6.5%$1476 to 1400 3 73 4.1% 3 73 4.1%$1501 to 1525$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625$1626 to 1650 1 12 8.3% 1 12 8.3%$1651 to 1675 4 146 2.7% 4 146 2.7%$1676 to 1600$1701 to 1725$1726 to 1750 3 41 7.3% 3 41 7.3%$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 4 22 18.2% 4 22 18.2%TOTALS 52 0.0% 22 935 2.4% 26 950 2.7% 15 452 3.3% 12 220 5.5% 1 12 8.3% 76 2621 2.9%
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 QuarterArvada
One BedroomEfficiencies
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 1 0.0% 1 0.0%$451 to $475$476 to $500 2 0.0% 2 0.0%$501 to $525$526 to $550$551 to $575$576 to $600 2 37 5.4% 2 37 5.4%$601 to $625 4 0.0% 4 0.0%$626 to $650 5 0.0% 5 0.0%$651 to $675$676 to $700 12 0.0% 4 0.0% 21 0.0% 37 0.0%$701 to $725 1 0.0% 1 0.0%$726 to $750 2 0.0% 7 0.0% 9 0.0%$751 to $775 1 0.0% 1 0.0%$776 to $800 37 0.0% 37 0.0%$801 to $825 9 0.0% 1 0.0% 10 0.0%$826 to $850 24 0.0% 1 0.0% 25 0.0%$851 to $875 7 0.0% 3 0.0% 10 0.0%$876 to $900 8 0.0% 4 0.0% 5 0.0% 17 0.0%$901 to $925 2 0.0% 3 0.0% 5 0.0%$926 to $950 3 0.0% 2 0.0% 5 0.0%$951 to $975 2 0.0% 7 0.0% 9 0.0%$976 to $1000 2 6 33.3% 23 0.0% 2 29 6.9%$1001 to 1025 1 0.0% 3 0.0% 28 0.0% 32 0.0%$1026 to 1050 3 0.0% 2 0.0% 21 0.0% 26 0.0%$1051 to 1075 2 0.0% 24 0.0% 26 0.0%$1076 to 1100 27 0.0% 1 0.0% 28 0.0%$1101 to 1125 9 0.0% 9 0.0%$1126 to 1150 1 6 16.7% 2 0.0% 1 8 12.5%$1151 to 1175 2 0.0% 1 0.0% 3 0.0%$1176 to 1200 8 0.0% 5 0.0% 13 0.0%$1201 to 1225 7 0.0% 7 0.0%$1226 to 1250 1 0.0% 11 0.0% 12 0.0%$1251 to 1275 9 0.0% 9 0.0%$1276 to 1300 5 0.0% 5 0.0%$1301 to 1325 1 0.0% 1 0.0%$1326 to 1350 3 0.0% 3 0.0%$1351 to 1375 6 201 3.0% 6 201 3.0%$1376 to 1400 1 0.0% 1 0.0%$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 14 119 11.8% 14 119 11.8%$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 3 0.0% 3 0.0%$1751 to 1775$1776 to 1800 2 0.0% 2 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 8 0.0% 8 0.0%$2000 and up 1 3 33.3% 1 24 4.2% 2 27 7.4%TOTALS 20 0.0% 11 375 2.9% 24 0.0% 16 328 4.9% 45 0.0% 27 792 3.4%
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 QuarterGolden
One BedroomEfficiencies
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 1 0.0% 1 0.0%$451 to $475$476 to $500$501 to $525$526 to $550 11 0.0% 2 0.0% 13 0.0%$551 to $575 1 0.0% 1 0.0%$576 to $600 4 0.0% 4 0.0%$601 to $625 1 22 4.5% 3 0.0% 1 25 4.0%$626 to $650 22 0.0% 2 0.0% 1 0.0% 25 0.0%$651 to $675 10 0.0% 2 0.0% 12 0.0%$676 to $700 1 97 1.0% 13 0.0% 1 110 0.9%$701 to $725 10 0.0% 8 0.0% 18 0.0%$726 to $750 4 0.0% 30 0.0% 19 0.0% 1 0.0% 54 0.0%$751 to $775 13 0.0% 1 5 20.0% 1 18 5.6%$776 to $800 54 0.0% 3 67 4.5% 7 0.0% 3 128 2.3%$801 to $825 5 0.0% 7 0.0% 6 0.0% 1 0.0% 24 0.0% 43 0.0%$826 to $850 9 0.0% 14 0.0% 1 0.0% 24 0.0%$851 to $875 6 0.0% 15 0.0% 7 0.0% 28 0.0%$876 to $900 6 96 6.3% 10 0.0% 11 0.0% 4 0.0% 6 121 5.0%$901 to $925 1 40 2.5% 3 0.0% 2 6 33.3% 3 49 6.1%$926 to $950 2 0.0% 1 0.0% 1 0.0% 8 0.0% 12 0.0%$951 to $975 8 0.0% 15 0.0% 5 0.0% 28 0.0%$976 to $1000 2 190 1.1% 3 0.0% 2 193 1.0%$1001 to 1025 18 250 7.2% 4 0.0% 18 254 7.1%$1026 to 1050 4 84 4.8% 43 0.0% 5 0.0% 4 132 3.0%$1051 to 1075 3 9 33.3% 3 9 33.3%$1076 to 1100 4 36 11.1% 12 0.0% 4 48 8.3%$1101 to 1125 1 48 2.1% 3 0.0% 12 0.0% 1 63 1.6%$1126 to 1150 4 168 2.4% 6 0.0% 4 174 2.3%$1151 to 1175 32 0.0% 1 6 16.7% 2 0.0% 1 40 2.5%$1176 to 1200 4 63 6.3% 4 63 6.3%$1201 to 1225 8 108 7.4% 8 108 7.4%$1226 to 1250 2 0.0% 2 0.0%$1251 to 1275 2 90 2.2% 2 90 2.2%$1276 to 1300 2 47 4.3% 2 47 4.3%$1301 to 1325 8 120 6.7% 1 6 16.7% 9 126 7.1%$1326 to 1350 2 47 4.3% 21 0.0% 2 68 2.9%$1351 to 1375$1376 to 1400 18 0.0% 5 96 5.2% 2 0.0% 5 116 4.3%$1401 to 1425$1426 to 1450$1451 to 1475 6 0.0% 6 0.0%$1476 to 1400 1 6 16.7% 8 104 7.7% 9 110 8.2%$1501 to 1525 1 6 16.7% 1 6 16.7%$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% 41 1057 3.9% 20 608 3.3% 19 418 4.5% 9 159 5.7% 5 108 4.6% 94 2391 3.9%
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
Vacancy Rates During the Current QuarterLakewood North
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 3 0.0% 3 0.0%$601 to $625 2 0.0% 2 0.0%$626 to $650 1 20 5.0% 1 20 5.0%$651 to $675 126 0.0% 1 0.0% 127 0.0%$676 to $700 1 30 3.3% 5 0.0% 1 0.0% 1 36 2.8%$701 to $725 2 0.0% 3 47 6.4% 2 0.0% 3 51 5.9%$726 to $750 2 36 5.6% 1 43 2.3% 3 79 3.8%$751 to $775 105 0.0% 3 0.0% 3 17 17.6% 3 125 2.4%$776 to $800 10 0.0% 51 0.0% 5 0.0% 2 67 3.0% 2 133 1.5%$801 to $825 42 0.0% 2 10 20.0% 63 0.0% 2 115 1.7%$826 to $850 2 169 1.2% 136 0.0% 14 0.0% 18 0.0% 2 337 0.6%$851 to $875 3 0.0% 3 48 6.3% 15 0.0% 3 66 4.5%$876 to $900 1 74 1.4% 139 0.0% 15 0.0% 1 0.0% 1 229 0.4%$901 to $925 3 0.0% 1 95 1.1% 21 0.0% 1 119 0.8%$926 to $950 112 0.0% 1 20 5.0% 2 24 8.3% 1 0.0% 3 157 1.9%$951 to $975 7 135 5.2% 105 0.0% 17 0.0% 2 0.0% 7 259 2.7%$976 to $1000 48 452 10.6% 55 0.0% 61 0.0% 3 0.0% 1 3 33.3% 49 574 8.5%$1001 to 1025 4 160 2.5% 2 25 8.0% 5 0.0% 4 0.0% 6 194 3.1%$1026 to 1050 7 202 3.5% 6 165 3.6% 9 0.0% 9 0.0% 13 385 3.4%$1051 to 1075 16 336 4.8% 10 0.0% 1 4 25.0% 6 0.0% 7 0.0% 17 363 4.7%$1076 to 1100 16 367 4.4% 6 0.0% 17 0.0% 2 0.0% 16 392 4.1%$1101 to 1125 26 0.0% 26 0.0%$1126 to 1150 4 180 2.2% 1 214 0.5% 24 0.0% 5 418 1.2%$1151 to 1175 10 291 3.4% 10 291 3.4%$1176 to 1200 12 188 6.4% 16 340 4.7% 9 182 4.9% 1 0.0% 37 711 5.2%$1201 to 1225 48 0.0% 14 267 5.2% 14 315 4.4%$1226 to 1250 5 102 4.9% 1 28 3.6% 12 180 6.7% 18 310 5.8%$1251 to 1275 3 67 4.5% 6 57 10.5% 14 0.0% 9 66 13.6% 18 204 8.8%$1276 to 1300 20 216 9.3% 2 76 2.6% 13 318 4.1% 1 0.0% 33 0.0% 35 644 5.4%$1301 to 1325 1 24 4.2% 24 0.0% 12 0.0% 1 60 1.7%$1326 to 1350 2 128 1.6% 10 170 5.9% 20 554 3.6% 1 24 4.2% 33 876 3.8%$1351 to 1375 19 386 4.9% 19 386 4.9%$1376 to 1400 2 33 6.1% 1 1 100.0% 3 34 8.8%$1401 to 1425 17 160 10.6% 1 15 6.7% 18 175 10.3%$1426 to 1450 3 88 3.4% 3 88 3.4%$1451 to 1475 20 110 18.2% 1 16 6.3% 21 126 16.7%$1476 to 1400 3 86 3.5% 3 86 3.5%$1501 to 1525 13 106 12.3% 1 62 1.6% 14 168 8.3%$1526 to 1550$1551 to 1575$1576 to 1500$1601 to 1625 2 56 3.6% 2 56 3.6%$1626 to 1650 1 24 4.2% 1 24 4.2%$1651 to 1675 1 58 1.7% 1 58 1.7%$1676 to 1600 11 88 12.5% 11 88 12.5%$1701 to 1725$1726 to 1750$1751 to 1775 5 74 6.8% 5 74 6.8%$1776 to 1800 36 0.0% 36 0.0%$1801 to 1825 4 32 12.5% 4 32 12.5%$1826 to 1850 4 132 3.0% 1 19 5.3% 5 151 3.3%$1851 to 1875$1876 to 1900$1901 to 1926$1926 to 1950$1951 to 1975 24 0.0% 24 0.0%$1976 to 2000$2000 and up 2 52 3.8% 2 52 3.8%TOTALS 4 217 1.8% 161 3621 4.4% 38 1256 3.0% 169 3355 5.0% 33 667 4.9% 11 163 6.7% 416 9279 4.5%
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 QuarterLakewood South
One BedroomEfficiencies
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 3 0.0% 3 0.0%$551 to $575 1 3 33.3% 1 3 33.3%$576 to $600 6 0.0% 6 0.0%$601 to $625 1 0.0% 2 0.0% 3 0.0%$626 to $650 5 0.0% 1 5 20.0% 1 10 10.0%$651 to $675 9 0.0% 2 0.0% 11 0.0%$676 to $700 37 0.0% 7 0.0% 44 0.0%$701 to $725 1 0.0% 2 0.0% 3 0.0%$726 to $750 1 43 2.3% 101 0.0% 1 29 3.4% 1 0.0% 2 174 1.1%$751 to $775 3 159 1.9% 6 0.0% 8 0.0% 3 173 1.7%$776 to $800 22 0.0% 21 0.0% 1 0.0% 44 0.0%$801 to $825 37 0.0% 3 0.0% 40 0.0%$826 to $850 17 0.0% 41 0.0% 48 0.0% 106 0.0%$851 to $875 6 138 4.3% 2 73 2.7% 17 0.0% 8 228 3.5%$876 to $900 30 0.0% 1 0.0% 16 0.0% 47 0.0%$901 to $925 74 0.0% 74 0.0%$926 to $950 2 95 2.1% 2 95 2.1%$951 to $975 1 0.0% 1 0.0%$976 to $1000 2 0.0% 20 0.0% 2 0.0% 24 0.0%$1001 to 1025$1026 to 1050 2 213 0.9% 24 0.0% 2 237 0.8%$1051 to 1075$1076 to 1100$1101 to 1125$1126 to 1150$1151 to 1175$1176 to 1200 12 0.0% 12 0.0%$1201 to 1225$1226 to 1250$1251 to 1275$1276 to 1300$1301 to 1325$1326 to 1350$1351 to 1375$1376 to 1400 2 57 3.5% 2 57 3.5%$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$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 1 64 1.6% 10 540 1.9% 6 462 1.3% 2 148 1.4% 2 103 1.9% 83 0.0% 21 1400 1.5%
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 QuarterWheat Ridge
One BedroomEfficiencies
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)