sdhousing.org
SIOUX FALLS, S.D. (KELO.com) – A survey from the South Dakota Multi-Housing Association shows the Sioux Falls rental market is stable.
The bi-annual report shows overall vacancy rates are at five-point-nine percent.
A spokesperson for the association says that number fits with typical owner budgets that account for five percent vacancy rates.
Despite being within an acceptable range now, the number could increase because of new apartment projects expected to hit the market in the coming years.
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