Colorado apartment vacancy rate falls to 5.2% in 2Q 

Colorado’s apartment vacancy rate declined to 5.2% in the second quarter as more individuals pick renting over buying, the Colorado Division of Housing said Tuesday. In 2001, the apartment vacancy rate hit 4.3%, but has remained higher than 5.2% since. While the state’s apartment vacancy rate fell, rents rose in the second quarter, jumping 2% with the average renter spending $877 per month in Colorado, compared to an average rate of $862 last year.