Its an interesting phenomenon really, considering the fact that interest rates are still at historical lows. Despite this fact there are still many who can't qualify for a mortgage or simply don't want one. And once again, it proves that its a golden time to own a rental property in Denver CO! The percentage of renters is higher than ever. It could be a paradigm shift. As of 2014, 37.8 percent leased rather than owned, and that is a large number. It would suggest that 38% of the housing in Denver should be rental housing to support this.