Will Missoula Renters Catch a Break? Apartment Vacancy on the Rise

Missoula’s multifamily market entered 2023 with a vacancy rate of 2.91%. Vacancy rates have edged up through 2022, rising almost a full percent in the fourth quarter. Most available units are located in the Mullan and Reserve submarket, where most of Missoula’s new housing construction is ongoing. The average Missoula apartment asking rent is $1,333.90 […]

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