Apartment Vacancy Rates Around 4%

By: KKCO Email
By: KKCO Email

Vacancy rates are still twice as high as they were this time a year ago for apartment rentals.

Grand Junction Housing Authority officials say Grand Junction is at about a 4% vacancy rate, and could go up even more when second
quarter numbers come out.

Housing authority officials say a 5-6% vacancy rate is still healthy, but the problem is affordability, as monthly rental rates are not going down as property management companies ride out the recession.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
KKCO NBC 11 News
2531 Blichmann Avenue
Grand Junction, CO 81505

Station Phone: 970.243.1111
Business Fax: 970.243.1770
Newsroom Fax: 970.245.3793
News Tip & Contest Line: 970.255.8477
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 50174547 - nbc11news.com/a?a=50174547
Gray Television, Inc.