Local Apartment Vacancy Rates Continued to Decline in Second Quarter

Summary


Colorado Springs-area apartment complexes are enjoying better times, which means good news for landlords and not-so-good news for renters.

The average apartment vacancy rate dropped to 6.2 percent in the second quarter, according to a report released Friday by Apartment Insights, an online research company that surveys complexes of 50 units or more.

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Extract


Local Apartment Vacancy Rates Continued to Decline in Second Quarter

The vacancy rate fell from 7 percent in the first quarter of this year and 8.5 percen...

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