THURSTON COUNTY: Vacancies up for local apartments

October 9, 2012 

Thurston County apartment vacancy rates weakened to 7.36 percent in the third quarter of the year, the third straight quarterly decline since a 6.56 percent rate in the fourth quarter of last year, according to new data released by Apartment Insights of Seattle.

Olympia had the weakest vacancy rate at 8.18 percent in the third quarter, while it was stronger in Tumwater at 6.39 percent, the data show.

“Thurston continues to languish,” Apartment Insights principal Tom Cain said in a news release.

Rents showed a slight improvement in the county as a result of the weaker vacancy rate, falling $1 to $836 per month, or 99 cents per square foot.

rboone@ theolympian.com

The Olympian is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service