Monday, December 2, 2013

Vacancies in single-family and condo rentals at 2.9 percent

The Division of Housing has released the 3rd Q 2013 vacancy and rent survey for single-family houses, condos, townhomes, and similar properties.

Vacancy rates remain low in all types of properties measured, with the overall metro Denver vacancy rate for these properties at 2.9 percent.

The average rent for these properties was $1140.56 during the third quarter.

As expected, the vacancy rate in these properties was lower than the metro Denver multifamily vacancy rate of 4.4 percent for the 3rd quarter.