TWIN CITIES RENTAL ROUNDUP
2012 in review:*
New units rented: 1,217
Average rent: $957, up 3.2%
Vacancy rate: 2.9%
2013 development
Units ready by year-end: 2,570
Units under construction: 5,000
Units proposed: 9,000-plus
*Annual change as of fourth quarter 2012
Source: Marquette Advisors
