Multifamily vacancies in the Bend, Oregon, region appear to have peaked in late 2023, according to CoStar data. The downward pressure forming on rates is partially due to a slowing construction pipeline and foreshadows asking rent increases in the back half of 2024.
Pressure Eases on Multifamily Vacancies in Bend, Oregon
Rents Are Likely To Resume Ascent as Historic Supply Wave Tapers
By John Gillem
CoStar Analytics
May 3, 2024 | 9:02 P.M.
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IN THIS ARTICLE
- Properties
- Solis at Petrosa
63190 Deschutes Market Rd, Bend, OR