Colorado Realty and Property Management, Inc.

Denver Property Management | Property Management Denver | Property Management in Denver

Landlords Apply Here
Search Rentals
Tenants Apply Here
Pay Rent
Maintenance
Owner Login


Denver Metro Landlords: 303‑710‑8844
Colorado Springs Landlords: 719‑356‑4095
Fort Collins Landlords: 970‑444‑7063
Schedule A Showing: 720‑619‑8886
  • Home
  • Property Management Services
    • Start Here
    • Why Choose Us?
    • Pricing
    • Testimonials
    • Tenant Screening
    • Free Rental Analysis
    • Owner Checklist
    • CRPM Advantage
    • Value Comparison Calculator
  • Areas We Serve
    • Arvada Property Management
    • Aurora Property Management
    • Broomfield Property Management
    • Castle Pines Property Management
    • Castle Rock Property Management
    • Centennial Property Management
    • Colorado Springs Property Management
    • Denver Property Management
    • Fort Collins Property Management
    • Highlands Ranch Property Management
    • Loveland Property Management
    • Thornton Property Management
    • Westminster Property Management
    • and More
  • Property Owners
    • Property Owner Portal
    • Property Owner Resources
    • New Property Onboarding Forms
    • Property Owner FAQ
  • Testimonials
  • Real Estate
    • CRPM Advantage
    • Jason Cassidy Real Estate Agent in Denver, CO
    • Denver REALTOR® Referral Program
  • Tenants
    • Search Available Rentals
    • Apply Online
    • Pet Screening
    • Resident Benefits Package
    • Tenant Login
    • Tenant Resources
    • Lease Change Form
    • Maintenance Request
    • Pay Rent Online
    • How to use a lockbox
    • Tenant FAQ
  • News
    • Property Management
    • Monthly Newsletter
    • Property Maintenance
    • Property Improvements
    • Rental Property Investing
  • About
    • About Us
    • Our Promises
    • Testimonials
    • Our Team
    • Our Pledge
    • Our Awards
    • NARPM Code of Ethics
  • Contact Us
    • Review Us
    • Thank You For Your Feedback

In 2022, two-thirds of renters renewed their leases

According to RentCafé’s year-end report for 2022, almost two-thirds of renters renewed their leases in a market still hindered by record home prices and rising interest rates.

As many as 14 prospective renters competed for a lease at the national level for vacant apartments in 2022, on average, resulting in vacant apartments being occupied within 32 days.
In 2022, nearly 95 percent of apartments were already occupied, making finding a new apartment difficult – especially since newly built units only represented 1.5 percent of the nation’s total housing supply, according to RentCafe.

In 2022, what were the hottest rental markets?

For its analysis of the hottest rental markets in 2022, RentCafe.com examined the 135 largest markets in the U.S. with available data. Specifically looking at five important metrics that affect a location’s competitivity:

  • Amount of time apartments were vacant
  • How many rentals were occupied?
  • The number of prospective tenants competing for an apartment
  • How many renters renewed their leases
  • This year’s share of apartments completed
Using these metrics, we calculated a Rental Competitivity Index (RCI), which measures how competitive the rental market was this year.
In 2022, the national RCI score was 59.9.
Among 130 rental markets, the most competitive scored over 100.
With an RCI of 118, Miami was by far the hottest rental market in the U.S., due to record-high occupancy and high lease renewal rates. In the Sunshine State, a combination of factors, including a business-friendly climate and a booming tech scene, attracted millennials and even Gen Zers looking to work and live.”

Orange County’s low supply makes it a hot rental spot in Southern California

Los Angeles’ high cost of living and rising housing prices have caused many renters to relocate to less expensive places in Southern California – particularly Orange County apartments. With a strong economy and a diverse job pool fueled by e-commerce, the OC is overheated due to low supply.

San Diego was another competitive location in SoCal. It is still less expensive than Los Angeles or San Francisco, despite being consistently ranked among the country’s most expensive places. High tech, education, research, military, defense, and health care jobs abound, and the median age is around 35.
Read the full RentCafe report here.

Filed Under: Property Management

FREE RENTAL ANALYSIS
Receive a customized report in about 5 minutes

Follow Us

Colorado RPM Facebook Colorado RPM twitter Colorado RPM property management YouTube channel Colorado RPM LinkedIn

What will your property rent for - click for FREE rental analysis

    Property Owners & Investors
    How Can We Help You?






    Loading...

    Award-Winning Colorado Property Management Company

    Recognized for our expertise and results, we proudly offer the area’s best property management.

    2022 Best Denver Property Management Company Three Best Rated Denver Colorado Property Management 2022 Expertise Best Property Management Companies in Denver 2022

    Denver Office

    1660 S Albion St #619
    Denver CO 80222
    303-710-8391
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Colorado Springs Office

    13540 Northgate Estates Drive Suite 110
    Colorado Springs, CO 80921
    719-454-0577
    By Appointment Only

    coloradorpmcoloradosprings.com

    Fort Collins Office

    970-432-3110
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Broomfield Office

    12303 Airport Way #160
    Broomfield CO 80021
    303-803-1117
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Colorado Springs South Office

    719-312-7752
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Arvada Office

    720-679-1162
    By Appointment Only
    Colorado RPM google mybusiness reviews

    Management Services: By Appointment Only

    Property Management
    Free Rental Estimate

    It’s important to make an appointment.

    Our staff is often in the field. We want to give you the personal attention you deserve. We’re here to help and it’s important to us that we’re available to meet with you. Please make an appointment in advance.

    Colorado RPM Facebook  Colorado RPM twitter  Colorado RPM property management YouTube channel  Colorado RPM LinkedIn

    Denver Metro  Boulder housing association   Boulder Real Estate    CLLC
    Colorado Realty and Property Management, Inc. BBB Business Review  NARPM  Broomfield Chamber of commerce  CIV  Realtor logo  echo logo
    Denver · Arvada · Aurora · Berthoud · Boulder · Brighton · Broomfield · Castle Pines · Castle Rock· Centennial · Colorado Springs · Commerce City · Englewood · Erie · Firestone · Frederick · Fort Collins · Golden · Greeley · Greenwood Village · Gunbarrel · Highlands Ranch · Lafayette · Lakewood · Littleton · Louisville · Longmont · Loveland · Niwot · Northglenn · Parker · Sheridan · Superior · Thornton · Westminster · Wheat Ridge · Windsor
      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Copyright 2021 Colorado Realty and Property Management, Inc. · Lyle Haas, Managing Broker · Privacy Policy· ER.100003984 · EC.100006731