Missoula rent prices, vacancy rates hold steady despite multiplex building boom

The building boom in new apartments across Missoula did little to put a dent on the city’s low vacancy rate or drive down prices in 2017, according to a new housing report by the Missoula Organization of Realtors.

The annual report, released Tuesday, found that rent ticked up slightly over the prior year, with the average rent for a one-bedroom unit fetching $632 a month in a multiplex, or $850 for a three-bedroom unit in the same building.

By Martin Kidston

https://www.missoulacurrent.com/business/2018/04/missoula-rent-prices/