Denver Rental Market
See the Denver Post article here.
Update on rental market in Denver. Not really news unless you live in a hole but they are adding 10-20K units in the next two years according to the end of the article.
Summary
Average rent over $1,000 per month in the Metro area.
New units are all high end as they can't afford to construct units for middle or low end.
Demand is driven by migration of young people into the area.
Good time for landlords but the future holds a mixed bag with a ton of inventory coming on line.
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Real Estate Agent Colorado (#IR044146)
- Reliant Real Estate, Inc.
