Home Rentals Hot

Vacancies in rental condos, single-family homes, and other small properties across metro Denver fell to a two-year low of 3.1% during 2010’s first quarter. Vacancy rates for all counties surveyed were: Adams, 3.7%; Arapahoe, 2.6%; Boulder/Broomfield, 2.3%; Denver, 3.0%; Douglas, 0.9%; and Jefferson, 3.9%. The average rent for single-family and similar properties rose to $1,035.56 during the first quarter, rising from 2009’s first quarter rate of $1,004.44. Average rents for all counties were: Adams, $1,099.39; Arapahoe, $1,032.89; Boulder/Broomfield, $1,684.57; Denver, $984.52; Douglas, $1,367.76; and Jefferson, $969.50. Read full article:
http://insiderealestatenews.com/2010/05/home-rentals-hot/