Ada & Canyon county vacancy rates on average decreased again from 3.7% in Q1 to 3.5% in Q2 of this year. Overall the largest decrease was in multifamily units in Ada County which went down 1.3% this quarter. The second largest decrease in vacancy rates was Canyon County single family homes which went down by.8%.
Ada County single family rental rates decreased an average of $154 per month however multi-family rents increased an average of $39 per month from last quarter. Overall the slight decrease of $29 per unit puts the average rents at $1158 in Ada County.
Canyon County rental rates decreased as well putting the average at $906 per rental unit, with single family homes decreasing in monthly rent by an average of $86 per unit and multi-family units increasing by $11 per unit.