Sharp decline in apartment construction is among Denver mayor’s ‘biggest fears’

Rent in Denver is dropping because the city is embracing pro-growth policies to get more housing built, Mayor Mike Johnston said in a recent interview with Denverite.

The average rent in Denver is $1,953, a decline of about 7.5 percent from a year earlier, according to Zillow.

“That is a sign that a part of our strategy is working, on adding a lot more supply,” Johnston said…

Story continues

TRENDING NOW

LATEST LOCAL NEWS