Wednesday, April 17, 2013
MultifamilyNW: Portland Metro Apartment Vacancy Rate Falls to 3.55%
Multifamily NW held its bi-annual Apartment Report breakfast this morning. The area's lowest vacancies are reported as follows:
2.5% - N. Portland/St. Johns
2.8% SW Portland
2.9% Inner & Central SE Portland
3.3% in NW Portland.
Vacancy rates throughout the metro area were forecast to increase to 5% by 2015 as a result of new apartment construction.
This morning's report release event was sponsored by HFO.
See HFO's current listings of apartment buildings for sale in Oregon and SW Washington.