Denver Market Status

Median Rate
$32
/sqft/yr
Since 90 days ago
$-2
/sqft/yr
Median Size
3,350
sqft

Concentration of Listing Postings in Denver

Denver Rates

The typical asking rate per listing is in the $30's per square foot per year. The Denver submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Denver Metro market, the Denver submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Denver Listing Supply

In the last 90 days, 358 listings have come on the market, so you'll want to check back regularly for new listings. About 104% of the available leases in the Denver are subleases, so you might be able to sign a shorter term by taking over a previous 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 3,350 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1973 and are Class B.

Denver Community

Subleases

83%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Denver $27 1,501,580 sqft
2. Stapleton $19 261,670 sqft
3. Hampden South $18 246,390 sqft
4. Montbello $17 246,040 sqft
5. Five Points $30 232,110 sqft
6. Hampden $22 190,990 sqft
7. Cherry Creek $22 125,310 sqft
8. Highland $ 108,420 sqft
9. Kennedy $17 96,220 sqft
10. Gateway $ 62,970 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket