Cherry Creek (prime, ~$48/sqft/yr) is one of 5 Denver Class A submarkets we track.

  • Cherry Creek sits at prime tier.
  • Average rent $48/sqft/yr vs city average 38.
  • Compared submarkets: LoDo (Lower Downtown) (trophy), Central Business District (trophy), Denver Tech Center (established).

Cherry Creek vs other Denver submarkets

Cherry Creek (prime, ~$48/sqft/yr) is one of 5 Denver Class A submarkets we track.

TL;DR

  • Cherry Creek sits at prime tier.
  • Average rent $48/sqft/yr vs city average 38.
  • Compared submarkets: LoDo (Lower Downtown) (trophy), Central Business District (trophy), Denver Tech Center (established).

Side-by-side with peers

**LoDo (Lower Downtown)** (trophy, $56/sqft/yr) — Walkable trophy frontier. **Central Business District** (trophy, $50/sqft/yr) — Legacy trophy core. **Denver Tech Center** (established, $32/sqft/yr) — Suburban Class A campus belt. **River North (RiNo)** (prime, $42/sqft/yr) — Creative and tech repositioning frontier.

Key facts

cityDenver
submarketCherry Creek
tierprime
averageRentLocal$48/sqft/yr
cityClassARentUsd$38/sqft/yr
cityVacancyPct23.5%

Frequently asked questions

What other submarkets compete with Cherry Creek in Denver?
LoDo (Lower Downtown), Central Business District, Denver Tech Center

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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