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Move over, Austin: Denver rents are falling at one of the fastest rates in the country

Related Topics: Denver

Incentives and rent reductions abound after new units flood the Colorado metro's market.

Senior Reporter

It’s a good time to be a renter in Denver.

Throughout the city and its suburbs, rents are falling and newly constructed buildings are dangling an array of incentives for signing new leases: offers of six, eight, or even 10 weeks free are now common, brokers say, as are other perks like discounted parking and gift cards.

The relief comes after a construction boom added tens of thousands of new units to the metro area last year alone, largely in its urban core.