Missoula Rental Housing Vacancy Drops Below One Percent
Finding an apartment in Missoula became even harder in the last few months of 2020.
Sterling Commercial Real Estate Advisors in Missoula released a report Wednesday that says the available rental housing rate dropped below one percent in the fourth quarter last year. The report says a balanced rental estate market would have about a four percent vacancy rate and that Missoula’s low rate means new housing isn’t keeping up with demand.
