Metro Denver apartment rents are up, but the increases are slowing

Metro Denver apartment rents rose 2.2 percent in August from the same month a year ago, rising at the slowest rate since February 2010, according to a report Thursday from Axiometrics.

Axiometrics pegs the average metro Denver rent for all one- and two-bedroom apartments at $1,408 a month, down from $1,413 in July and up from $1,378 in August 2015. Occupancy stood at 95 percent, the same level as in July and down from 95.9 percent a year ago.

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