Rents soar as number of Colorado apartment vacancies decline

The combined vacancy rate for apartments in six metro areas across Colorado was 4.9% during the second quarter of 2012 – the lowest level recorded since 2001.  The statewide average rent in Colorado increased 7.4% from a year ago to an all-time high of $942.  The metro Denver average, measured earlier, was $952 during the second quarter.  The vacancy rate for the metro area during 2012’s second quarter was 4.8%.
Read article – Denver Post


About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: