Denver’s rental market is telling two very different stories right now. Single-family homes are holding their rent levels year over year, but condos and older multifamily units are getting hit hard. Eric Ross of CRT Management walked through three Denver submarkets that show the split clearly, and the numbers are sobering for anyone holding condo or small multi inventory.
Chris Lopez sits down with Eric, who manages 950 doors across the Denver metro and has spent 18 years in local property management. Eric pulled real Zillow data from Aurora North, the 225 and Chambers corridor, and the Wheat Ridge and Lakewood submarket. In one Aurora zip code, there are 48 single-family rentals available compared to 590 condo and multifamily units competing for the same tenants. One-bedroom rents in that pocket have dropped to $745 a month, levels he hasn’t seen in over a decade.
Robinwood tells the story even more sharply. Two years ago, Eric was getting nearly $2,700 for a three-bedroom through the Housing Choice Voucher program. Today, those same units are renting closer to $1,895, pricing that takes the complex back to 2018 and 2019 levels. Eric also breaks down why Denver County logged 15,953 eviction filings in 2025, which is up roughly 72% from pre-pandemic levels, and what Colorado’s recent legislation around income requirements, credit checks, and habitability has done to landlord operations.
In This Episode We Cover:
- Why single-family rents are holding while condos and older multi keep softening
- The Aurora submarket with 590 competing condo and multi listings
- How the Robinwood rent drop from $2,700 to $1,895 reflects the broader condo market
- Why HUD did a mid-year Fair Market Rent adjustment in late 2025
- How the 2x rent income mandate is driving evictions higher
- Eviction timelines now running 50 to 90 days depending on notice type
- A risk mitigation partnership giving landlords up to $10,000 per tenancy in protection
Eric also shares his outlook for mid-2027 rents and what he thinks needs to happen for the market to stabilize. Whether you own a single-family rental, a condo, or a small multi in the Denver metro, this conversation gives you the ground-level data you need to make smart decisions through the rest of this cycle. Subscribe to the Denver Real Estate Investing Podcast for new episodes every Tuesday.
Watch the Youtube Video
Timestamps
00:00 – Welcome and Eric Ross introduction
02:15 – 2025 vs 2026 rent comparison across unit types
06:08 – Aurora North submarket, 48 single-family vs 590 condos and multi
11:03- Comparing today’s cycle to 2008
12:48 – 225 and Chambers submarket and the Robinwood case study
17:12 – HUD’s mid-year Fair Market Rent adjustment
22:45 – Wheat Ridge and Lakewood submarket breakdown
25:04 – Denver eviction filings up 72% from pre-pandemic
26:35 – How the 2x rent income mandate is driving evictions
30:14- Eviction timelines and the 10-day vs 30-day CARES Act split
34:00 – Violence Against Women Act protections and compliance cases
36:30- The House Bill 1090 utility billback fix
40:03 – Risk mitigation through private and public housing partnerships
47:27 – Rent forecast for mid-2027
Links in Podcast
CRT Management Website: CRTManage.com
CRT Management Email: [email protected]
Eric Ross on LinkedIn: https://www.linkedin.com/in/ericrossindnever/
Workforce Housing Coalition
AAMD
Colorado Coalition for the Homeless
Rocky Mountain Human Services
Podcast: Play in new window | Download | Embed
