The vacancy rate for for-rent condos, single-family homes, and other small properties in metro Denver fell from the second quarter of 2010 to a new second quarter low of 2.6 percent during 2011, the Colorado Division of Housing reported today.
The vacancy rate was 3.8 percent during the second quarter of 2010 and was 1.4 percent in the first quarter of 2011.
According to the report, the vacancy rate varied among types of property.
Triplexes had a vacancy rate above 4 percent while the vacancy rate for detached houses was 2.3 percent and 3.7 percent in rental condominiums.
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Source Denver Post