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Rris, Beggs & Simpson s First Quarter 2010 Multifamily Report, the overall multifamily vacancy rate has decreased to 4.82% from 5.43% in the fourth quarter of 2009 and is down from 4.96% this time last year. The average rents for the quarter are $704 ($1.00/SF) for a 1BR/1BA, $731 ($0.82/SF) for a 2BR/1BA, $906 ($0.87) for a 2BR/2BA and $984 ($0.80) for a 3 BR/2BA. These numbers are up slightly from the previous quarter. Average 2BR/2BA new units rent for $1,537 per unit, an increase of $207 o.
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