Denver Market Status

Median Rate
$34
/sqft/yr
Since 90 days ago
$2
/sqft/yr
Median Size
3,800
sqft

Concentration of Listing Postings in Denver

Denver Rates

On average, listings lease in the $30's per square foot per year. The Denver submarket is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Denver Metro market, the Denver region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Denver Listing Supply

In the last 90 days, 383 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Denver are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,800 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this market were built in 1974 and are Class B.

Denver Community

Subleases

5%
Subleases

Under 5000 sqft

54%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Denver $27 1,504,240 sqft
2. Hampden South $29 420,637 sqft
3. Hampden $26 201,400 sqft
4. Montbello $ 148,790 sqft
5. Kennedy $19 104,050 sqft
6. Virginia Village $22 99,260 sqft
7. Lincoln Park $26 93,650 sqft
8. Cherry Creek $26 74,390 sqft
9. Highland $24 64,700 sqft
10. Capitol Hill $20 57,290 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket