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NARPM Q2 2020 Vacancy Survey

August 26, 2020

This quarters NARPM survey was published a little later than expected but the numbers are in and they are interesting. This year has been curious to say the least and housing is just one area that has been affected by this years pandemic. 19 property managers participated in this quarters survey of almost 7,700 single family and multi-family properties throughout our Treasure Valley. Take a look at some of the numbers below. To read the full report, click here!

 

Unit Managed Number of Vacancies Vacancy Rate
Ada 5569 238 4.27%
Multiple

Single

Canyon

3681

1888

2117

161

77

80

4.37%

4.08%

3.78%

Multiple

Single

1740

377

51

29

2.93%

7.69%

 

Grand Total

 

7686

 

318

 

4.14%

The data collected indicates that the trends in both Ada & Canyon county vacancy rates increased 1.32% from 2.82% in
the 1st quarter of 2020 to 4.14% in the 2nd quarter of 2020. Ada County increased 2% and Canyon County increased
.78% this 2nd quarter of the year.

If you would like more information about this survey or how RentWise can be of assistance with your rental needs please reach out at 208-949-3083 or email courtney@rentwisepm.com. Start living with Less Hassle, More Happy when it comes to your investments!

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    Our Location:

    RentWise Property Management
    925 N Main St. (drop box only)
    Meridian, ID 83642

    Mailing Address:
    P O Box 191208
    Boise ID 83719

    Contact Us:

    Office: (208) 949-3083
    Fax: (208) 953-7870
    E: office@rentwisepm.com

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