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Denver, CO Rental Guide

Denver's rental market remains tight despite a wave of new construction in RiNo and Cherry Creek. Tenants should still expect application fees and administrative fees on most Class-A properties.

Population
715,522
Median rent
$1,995
Vacancy rate
6.1%

Market overview

Greystar, BH Management, and Lincoln Property Company are the largest operators in the metro. Colorado now caps move-in fees at one month's rent and prohibits 'junk' fees not disclosed up front, which has begun reshaping renewal terms across the city.

Top neighborhoods

  • RiNo: Newest construction. Premium pricing.
  • Capitol Hill: Mostly older small-multifamily. Wide range of independent landlords.
  • Highlands: Mix of garden apartments and single-family rentals.

Tenant law cheat sheet

Colorado: deposit must be returned within 60 days (or as the lease specifies, capped at 60). HB23-1099 requires written notice 60+ days before any rent increase.

Companies operating in Denver