Metro Denver rent prices stay high despite more apartment buildings

Metro Denver has added more than 21,000 apartments the past 12 months, double the average annual pace seen in the years before the pandemic. — DENVER, CO – DECEMBER 5 : Construction site for a 7-story apartment building, 1110 E. Colofax Ave., that will bring 334 apartments to East Colfax.East Colfax Ave in Denver, Colorado on Tuesday, December 5, 2023. (Photo by Hyoung Chang/The Denver Post)

By Aldo Svaldi | asvaldi@denverpost.com | The Denver Post

PUBLISHED: October 24, 2024 at 6:00 AM MDT | UPDATED: October 24, 2024 at 6:03 AM MDT

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Over the past 12 months, developers have added 21,158 new apartments — but average rents in the region rose last quarter.

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Metro Denver in the middle of its biggest apartment boom since the 1970s — but rent prices aren’t budging

The average Denver metro rent rose last quarter to $1,911

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