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