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Proof That Size (and Height) Matter When It Comes to Denver Rent Prices

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Denver rent isn't cheap — but at least the prices are beginning to level off.

That's the overall message delivered in the Apartment Association of Metro Denver's report about apartment and rental rates in the Mile High City during the fourth quarter of 2015.

According to the massive survey, vacancy rates increased in every county surveyed during that period, while average and per-square-foot rental prices leveled off and median rents actually went down.

Drilling deeper into the numbers reveals even more about rent variation even within the same community, depending upon the size of the building in question. As you'll see, there are significant price swings for places with six units or fewer, those boasting between seven and 36 units, ones featuring more than 37 units and, especially, structures that are five stories tall or higher.

Below, see how building size correlates to price in eleven parts of Denver — from northwest to southeast and everything in between — when it comes to efficiencies, one bedrooms, two bedrooms with either one or two baths, or three bedroom apartments, plus an overall average. 

Central/Capitol Hill

Efficiency:

Up to 6 units: $750

7 to 36 units: $845.76

37 units and above: $963.41

Five stories and above: $1,204.04

Average rent: $928.15

1 Bedroom:

Up to 6 units: $833.57

7 to 36 units: $1,066.13

37 units and above: $1,303.09

Five stories and above: $1,418.36

Average rent: $1,190.80

2 Bedroom, 1 Bath:

Up to 6 units: $1,200

7 to 36 units: $1,363.21

37 units and above: $1,871.08

Five stories and above: $2,053.16

Average rent: $1,644.29

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: $1,269.85

37 units and above: $1,959.22

Five stories and above: $2,006.07

Average rent: $1,915.22

3 Bedroom:

Up to 6 units: $1,257.50

7 to 36 units: $1,572.50

37 units and above: $3,304.79

Five stories and above: $3,676.11

Average rent: $2,709.97

Other:

Up to 6 units: N/A

7 to 36 units: $1,605

37 units and above: $1,500

Five stories and above: $,1500

Average rent: $1,509.55

All:

Up to 6 units: $936.36

7 to 36 units: $1,068.97

37 units and above: $1,443.02

Five stories and above: $1,643.49

Average rent: $1,303.67

Downtown

Efficiency:

Up to 6 units: N/A

7 to 36 units: $725

37 units and above: $1,320.45

Five stories and above: $1,467.09

Average rent: $1,306.74

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: $1,186.21

37 units and above: $1,620

Five stories and above: $1,716.17

Average rent: $1,614.23

2 Bedroom, 1 Bath:

Up to 6 units: N/A

7 to 36 units: $1,713

37 units and above: $1,570.59

Five stories and above: $1,686.91

Average rent: $1,576.59

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $2,190.23

Five stories and above: $2,262.91

Average rent: $2,190.23

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $2,995.24

Five stories and above: $3,135.14

Average rent: $2,995.24

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $2,590.15

Five stories and above: $2,538.60

Average rent: $2,590.15

All:

Up to 6 units: N/A

7 to 36 units: $1,068.97

37 units and above: $1,738.92

Five stories and above: $1,841.14

Average rent: $1,730.65

East Central/Lowry

Efficiency:

Up to 6 units: N/A

7 to 36 units: $917.50

37 units and above: $913.09

Five stories and above: $963.40

Average rent: $914.47

1 Bedroom:

Up to 6 units: $881.25

7 to 36 units: $1,062.41

37 units and above: $915.76

Five stories and above: $930.05

Average rent: $927.24

2 Bedroom, 1 Bath:

Up to 6 units: N/A.

7 to 36 units: $1,307.50

37 units and above: $1,180.54

Five stories and above: $1,185.17

Average rent: $1,118.43

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,305.12

Five stories and above: $850

Average rent: $1,305.12

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,738.60

Five stories and above: $980

Average rent: $1,738.60

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,671

Five stories and above: N/A

Average rent: $1,671

All:

Up to 6 units: $881.25

7 to 36 units: $1,022.93

37 units and above: $1,091.51

Five stories and above: $1,012.04

Average rent: $1,086.40


Far Southeast

Efficiency:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $897.98

Five stories and above: $962.14

Average rent: $897.98

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,056.75

Five stories and above: $1,118.69

Average rent: $1,056.75

2 Bedroom, 1 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,104.89

Five stories and above: $1,273.44

Average rent: $1,104.89

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,382.03

Five stories and above: $1,429.97

Average rent: $1,382.03

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,546.29

Five stories and above: N/A

Average rent: $1,546.29

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,382.08

Five stories and above: N/A

Average rent: $1,382.08

All:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,155.51

Five stories and above: $1,233.68

Average rent: $1,155.51

North Central/City Park

Efficiency:

Up to 6 units: N/A

7 to 36 units: $885.90

37 units and above: N/A

Five stories and above: N/A

Average rent: $885.90

1 Bedroom:

Up to 6 units: $612.50

7 to 36 units: $1,134.58

37 units and above: N/A

Five stories and above: N/A

Average rent: $1,113.70

2 Bedroom, 1 Bath:

Up to 6 units: N/A

7 to 36 units: $1,366.88

37 units and above: N/A

Five stories and above: N/A

Average rent: $1,366.88

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: $1,345

37 units and above: N/A

Five stories and above: N/A

Average rent: $1,345

3 Bedroom:

Up to 6 units: $1,200

7 to 36 units: $1,500

37 units and above: N/A

Five stories and above: N/A

Average rent: $1,425

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: N/A

Five stories and above: N/A

Average rent: N/A

All:

Up to 6 units: $730

7 to 36 units: $1,122.56

37 units and above: N/A

Five stories and above: N/A

Average rent: $1,109.64

Northeast

Efficiency:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $938

Five stories and above: N/A

Average rent: $938

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: $840

37 units and above: $1,020.08

Five stories and above: $762.50

Average rent: $1,109.73

2 Bedroom, 1 Bath:

Up to 6 units: $685

7 to 36 units: $1,035

37 units and above: $1,072.05

Five stories and above: $862.50

Average rent: $1,070.89

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,360.56

Five stories and above: $1,112.50

Average rent: $1,360.56

3 Bedroom:

Up to 6 units: $1,050

7 to 36 units: N/A

37 units and above: $1,607.50

Five stories and above: $1,137.50

Average rent: $1,604.37

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,137.50

Five stories and above: $1,137.50

Average rent: $1,137.50

All:

Up to 6 units: $867.50

7 to 36 units: $990

37 units and above: $1,151.41

Five stories and above: $877.85

Average rent: $1,150.62

Northwest

Efficiency:

Up to 6 units: $550

7 to 36 units: N/A

37 units and above: $1,439.56

Five stories and above: $1,523.53

Average rent: $1,431.32

1 Bedroom:

Up to 6 units: $952.50

7 to 36 units: $1,061.69

37 units and above: $1,631.30

Five stories and above: $1,741.57

Average rent: $1,614.79

2 Bedroom, 1 Bath:

Up to 6 units: $1,181.25

7 to 36 units: $1,265.45

37 units and above: $1,796.31

Five stories and above: $2,248.62

Average rent: $1,552.53

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: $1,495

37 units and above: $2,361.04

Five stories and above: $2,355.45

Average rent: $2,286.51

3 Bedroom:

Up to 6 units: $970

7 to 36 units: N/A

37 units and above: N/A

Five stories and above: N/A

Average rent: $970

Other:

Up to 6 units: $580

7 to 36 units: N/A

37 units and above: N/A

Five stories and above: N/A

Average rent: $580

All:

Up to 6 units: $966.82

7 to 36 units: $1,304.23

37 units and above: $1,785.26

Five stories and above: $,1850.58

Average rent: $1,750

South Central/Wash Park

Efficiency:

Up to 6 units: N/A

7 to 36 units: $922.22

37 units and above: $1,048.22

Five stories and above: $1,263.86

Average rent: $1,035.48

1 Bedroom:

Up to 6 units: $700

7 to 36 units: $1,063.67

37 units and above: $1,211.57

Five stories and above: $1,293.26

Average rent: $1,182.57

2 Bedroom, 1 Bath:

Up to 6 units: $1,600

7 to 36 units: $1,408.75

37 units and above: $1,116.73

Five stories and above: $1,290

Average rent: $1,147.04

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,795.50

Five stories and above: $1,665.77

Average rent: $1,795.50

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $2,567

Five stories and above: $2,419

Average rent: $2,567

Other:

Up to 6 units: $600

7 to 36 units: N/A

37 units and above: N/A

Five stories and above: N/A

Average rent: $600

All:

Up to 6 units: $966.67

7 to 36 units: $1,074.22

37 units and above: $1,344.97

Five stories and above: $1,414.73

Average rent: $1,308.23

Southeast

Efficiency:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $832.68

Five stories and above: $830.94

Average rent: $832.68

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: $875

37 units and above: $1,090.74

Five stories and above: $1,052.33

Average rent: $1,090.30

2 Bedroom, 1 Bath:

Up to 6 units: N/A

7 to 36 units: $866.67

37 units and above: $1,173.29

Five stories and above: $1,075.53

Average rent: $1,170.99

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,433.92

Five stories and above: $1,362.48

Average rent: $1,433.92

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: $1,000

37 units and above: $1,344.88

Five stories and above: $1,344.88

Average rent: $1,331.62

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,151.43

Five stories and above: $1,150

Average rent: $1,151.43

All:

Up to 6 units: N/A

7 to 36 units: $878.13

37 units and above: $,1193.20

Five stories and above: $1,123.55

Average rent: $1,192.35

Southwest

Efficiency:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: N/A

Five stories and above: N/A

Average rent:  N/A

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: $761.05

37 units and above: $1,081.28

Five stories and above: N/A

Average rent: $1,069.58

2 Bedroom, 1 Bath:

Up to 6 units: N/A

7 to 36 units: $900

37 units and above: $1,213.67

Five stories and above: N/A

Average rent: $1,208.77

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,482.77

Five stories and above: N/A

Average rent: $1,482.77

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,814.86

Five stories and above: N/A

Average rent: $1,814.86

Other:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $850

Five stories and above: N/A

Average rent: $850

All:

Up to 6 units: N/A

7 to 36 units: $774.29

37 units and above: $1,242.82

Five stories and above: N/A

Average rent: $1,232.98

West Central

Efficiency:

Up to 6 units: N/A

7 to 36 units: $865

37 units and above: $976.13

Five stories and above: $1,049

Average rent: $970.58

1 Bedroom:

Up to 6 units: N/A

7 to 36 units: $1,085

37 units and above: $983.89

Five stories and above: $1,213

Average rent: $985.18

2 Bedroom, 1 Bath:

Up to 6 units: $800

7 to 36 units: N/A

37 units and above: $1,101.03

Five stories and above: $1,614

Average rent: $1,096.15

2 Bedroom, 2 Bath:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $4,150

Five stories and above: $4,150

Average rent: $4,150

3 Bedroom:

Up to 6 units: N/A

7 to 36 units: N/A

37 units and above: $1,541.67

Five stories and above: N/A

Average rent: $1,541.67

Other:

Up to 6 units: N/A

7 to 36 units: $814

37 units and above: N/A

Five stories and above: N/A

Average rent: $814

All:

Up to 6 units: $800

7 to 36 units: $861.13

37 units and above: $1,050.82

Five stories and above: $1,199.18

Average rent: $1,041.41


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