Cherry Creek is a prime-tier Denver submarket with average asking rent around $48/sqft/yr.
Cherry Creek is a prime-tier Denver submarket with average asking rent around $48/sqft/yr.
Cherry Creek averages around $48/sqft/yr for Class A, against a citywide Class A index of 38. As a prime submarket, rent runs at or above city average with mostly tight availability.
Boutique HQ and retail submarket. Investment management, family offices, boutique law, healthcare.
| city | Denver |
|---|---|
| submarket | Cherry Creek |
| tier | prime |
| averageRentLocal | $48/sqft/yr |
| cityClassARentUsd | $38/sqft/yr |
| cityVacancyPct | 23.5% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.