Statewide apartment vacancies in affordable housing dropped to 4.7 percent during the second quarter, according to a report released today by the Colorado Division of Housing and the Colorado Housing and Finance Authorities.
That’s down from 6 percent during the first quarter.
The tightest market for rent-restricted housing was in Grand Junction, which had a vacancy rate of 1.7 percent. Other tight markets included Pueblo, 4.1 percent, the Denver metro area, 4.3 percent and Colorado Springs, 5.1 percent.
The highest vacancy rates were in Greeley, 5.6 percent, Loveland, 7.8 percent and Fort Collins, 8.2 percent.
All but Pueblo, Douglas County and the northern Colorado communities showed a decline in vacancy rates since the first quarter.
Margaret Jackson: 303-954-1473 or mjackson@denverpost.com
