Denver Multifamily Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Matthews, Northmarq
Quarterly multifamily market indicators for Denver, aggregated by CREhunt from CBRE, Matthews, Northmarq. As of Q1 2026, average asking rent was $1,729.00/unit/mo, per CBRE.
Projected current multifamily pricing — Denver
Projected asking rent
$1,729/unit/mo
Estimated sale value
$187,280–$234,100/unit
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 CBRE data (cap rate 5.3%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 CBRE | — | — | — | — | CBRE |
| Q1 2026 CBRE | $1,729.00/unit/mo | — | — | — | CBRE |
| Q3 2025 Matthews | $1,816.00/unit/mo | 11.7% | — | — | Matthews |
| Q2 2025 Northmarq | — | 6.4% | — | — | Northmarq |
| Q2 2025 Matthews | $1,858.00/unit/mo | 11.4% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in Denver?
- As of Q1 2026, the average asking rent for multifamily space in Denver was $1,729.00/unit/mo, per CBRE.
- What is the multifamily vacancy rate in Denver?
- Vacancy data for Denver multifamily is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does CREhunt's Denver market data come from?
- This report aggregates quarterly multifamily market data for Denver from CBRE, Matthews, Northmarq.
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