Rental vacancy rates drop — Research on area also says rents are up slightly in the Fort Collins/Loveland area
Saturday, December 2nd, 2006By CHRISTINE McMANUS — The Coloradoan, Ft. Collins, CO.
Rents increase, vacancies drop
The continued, slight increases in rent, mixed with declining vacancy rates, are stabilizing the multifamily housing market in the Fort Collins/Loveland area.
Average rent in the Fort Collins/Loveland market
$766 -September 2006
$730 - 2005
$722 - 2004
$721 - 2003
$729 - 2002
Multifamily vacancy rates (by percent), Fort Collins/Loveland
8.1 - September 2006
8.9 - 2005
11.2 - 2004
12.2 - 2003
13.1 - 2002
3.3 - 2001
Source: Colorado Division of Housing, third-quarter 2006 report
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Rental vacancy rates drop