The quantum approximate optimization algorithm (QAOA) has rapidly become a cornerstone of contemporary quantum algorithm development. Despite a growing range of applications, only a few results have been developed towards understanding the algorithms ultimate limitations. Here we report that QAOA exhibits a strong dependence on a problem instances constraint to variable ratio(-)this problem density places a limiting restriction on the algorithms capacity to minimize a corresponding objective function (and hence solve optimization problem instances). Such (reachability~deficits) persist even in the absence of barren plateaus [McClean et al., 2018] and are outside of the recently reported level-1 QAOA limitations [Hastings 2019]. These findings are among the first to determine strong limitations on variational quantum approximate optimization.