2012 4th Quarter Rental Vacancy Rate

The vacancy rate for Ada and Canyon counties is holding firm at just 3% although a reduction of rental prices for both counties decreased 3% for single family and multifamily homes–per Park Place Property Management.   Demand remains high for single family residential homes and Park Place Property Management expects rent prices to remain the same or increase during the first quarter of 2013.  Both Ada and Canyon counties rental rates are considerably better than the national average in all areas surveyed.

View the Southwest Idaho Chapter of NARPM’s full survey report.

Information and graph brought to you by Park Place Property Management.