Ada & Canyon county vacancy rates on average decreased from 4.0% in Q4 to 3.7% in Q1 of this year. The largest decrease being single family homes in Ada County going down 1.4%. Canyon County single family vacancies decreased by .8%. Multifamily vacancies in both Ada and Canyon County combined decreased .5%.
Ada County single family rental rates increased an average of $186 per month and multi-family rents increased an average of $87 per month. Overall the average increase was $44 per rental unit putting the average rents at $1187 in Ada County.
Canyon County rental rates overall increased once again an average of $73 per rental unit, with single family homes increasing by $15 per unit and multi-family units decreasing by $26 per unit.