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Chart: Twin Cities rental roundup

  • February 2, 2013 - 9:03 PM

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

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