Thursday, July 2, 2009

Denver Neighborhood Rents & Vacancies Both Up

According to the Colorado Division of Housing, both Vacancy & Rents increased in the 1st Quarter 2009 for Single Family Rental Homes in Denver. This report does not include apartment units.

Vacancy for the 1st Quarter 2009 was up to 3.6% and metrowide average rent for rental housing increased to $1,004.44 from $984.61 a year ago. Still a very tight market.

Vacancy rates for the first period by county include: Adams (5.1 percent), Arapahoe (2.9 percent), Boulder/Broomfield (2.1 percent), Denver (4 percent), Douglas (2.4 percent) and Jefferson (3.8 percent).

Read the entire article: http://www.bizjournals.com/denver/stories/2009/06/22/daily71.html?ana=from_rss

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