The Real Deal New York

With nearly 11K apartments added in 2017, metro Denver expects another 12K in 2018

January 26, 2018 12:29PM

Developers added nearly 11,000 new apartments in the Denver area in 2017, and another 12,000 more should come online in 2018, according to RealPage, a real estate technology and analytics firm. The occupancy rate for apartments in metro Denver held steady at 94.3 percent, RealPage found, and rents rose 3.2 percent in 2017. With supply continuing to grow, however, rents should not spike, experts said. [Denver Post]