Conner Mcmahon News Today

According to Sterling, which conducted the research, most of the new availability is located off Mullan and Reserve Street in the growing Sxwtpqyen neighborhood.

A new report by a Montana real estate advisory group found that vacancy rates in Missoula' multi-family rental market inched up to nearly 3% at the close of 2022, nearly a full point over the same period last year.

Since 2020, the Missoula's office vacancy rate has fallen from around 10% to just under 9%.

Once locked at historic lows, apartment vacancies across Missoula have begun to rise, spelling possible relief for renters.