Colorado Multi-Family Affordable Housing Vacancy and Rent Study Including: Denver Metro Area, Colorado Springs, Fort Collins, Greeley, Pueblo, and Grand Junction First Quarter 2011 sponsored by

researched and authored by

Gordon E. Von Stroh, Ph.D. of the Daniels College of Business The University of Denver Copyright 2010

Survey Sponsor Colorado Division of Housing

1313 Sherman Street Denver, Colorado 80203 Pat Coyle, executive director phone: (303) 866-2033

Researcher

Gordon E. Von Stroh, Ph.D. 2581 East Wynterbrook Drive Denver, CO 80126-4519 303-871-3435; fax-303-791-3908 [email protected]

The sponsors of the Colorado Affordable Housing Vacancy and Rent Survey contract with an independent researcher to produce this information. No individual information is released by the researcher to a sponsor or to the public.

Copyright 2010

Executive Summary

The composite vacancy rate for multi-family affordable housing for all metropolitan areas across the State of Colorado was 4.9 percent for the first quarter of 2011-1, up from 4.1 percent of the fourth quarter of 2010, down from 5.4 for the first quarter of 2010, down from 7.4 percent for the first quarter of 2008, down from 6.9 percent for the first quarter of 2007 and 6.0 for the first quarter of 2007. The vacancy rate was the lowest in Loveland at 2.3 percent and the highest in Jefferson County at 8.5 percent. For building size, the lowest vacancy rate was in buildings with “350 and up” units (3.1 percent) and the highest in buildings with “0 to 8 units” (20.0 percent). Buildings constructed between “since 2005,” had the highest vacancy rate at 10.8 percent while buildings constructed between “1980-1989” had the lowest vacancy rate at 2.5 percent. For all affordable housing units reporting, efficiencies had 7.9 percent vacant; one bedroom, 4.5 percent; two bedroom, one bath, 5.1 percent; two bedroom, two bath, 5.5 percent; and three bedroom, 5.1 percent were vacant. The statewide median affordable housing rental rate was $680.72 with the lowest in Greeley at $465.29, and highest in Douglas County with $885.37. The statewide average affordable housing rental rate was increased to $698.68 for the first quarter of 2011 compared to $638.57 for the fourth quarter of 2010. It was $655.50 in the first quarter of 2010 and $658.12 for the first quarter of 2009 compared to $659.26 for first quarter of 2008. The lowest average rental rate was in Greeley at $497.26 and highest in Douglas County at $873.27. Efficiencies averaged $434.37; one bedroom, $632.83; two bedroom, one bath, $707.380; two bedroom, two bath, $757.38; and three bedroom units, $864.03. Rents are highest in buildings with “350 and up” units, $739.17 and lowest in “2 to 8” unit buildings, $497.50. Rents are highest in buildings constructed between “1990-1999,” $777.87, and lowest in buildings constructed “1960-1969,” $580.36. The average rent per square foot was $0.95. The AMI housing category with the lowest vacancy was the 80% Area Medium Income group at 2.5% and the highest was with the 60% Area Medium Income group with 5.6%. For 30% it was 2.7%; for 50% of AMI, it was 6.2%; and 3.3% for 40% of AMI. For the first quarter of 2011, 12,785 units were reported. The participation of the various affordable housing communities is appreciated. The Survey is conducted quarterly and is sponsored by the Colorado Division of Housing.

INTRODUCTION The purpose of this effort by the Colorado Division of Housing is to sponsor the Affordable Housing Vacancy and Rental Survey to show vacancy rates by type of apartment (efficiency; one bedroom; two bedroom, one bath; two bedroom, two bath; three bedroom; and other) and rent levels by location, age and size of building. The Survey includes all multi-family rental; two units and up. Affordable housing for this survey is defined as those units that are deed-restricted and require residents to have an income that is no higher than the respective Area Medium Income appropriate to the governmental funding requirements for that property. The Area Medium Income is determined by the US Department of Housing and Urban Development. The Survey covers seventeen major market areas: Colorado Springs, Denver Metro Area (Adams, Arapahoe, Boulder/Broomfield, Denver, Douglas, and Jefferson Counties), Fort Collins/Loveland, Grand Junction, Greeley, and Pueblo. When no figures are shown, no apartments of the specific size and rent level were reported. With the summary tables, there may be no data or there may be only a limited number of complexes and disclosing the information would reduce confidentiality. All vacancy rates are as of the 10th of March, June, September and December for the Survey. The samples were taken with the assumption that the rates were for unfurnished rental units with tenants paying electricity and gas. Apartment complex/building lists were developed from official lists. Returned survey forms were checked for completeness, then coded and entered into the computer for processing. Tabulations were performed by the use of a computerized program. The cumulative totals have a confidence interval of +/-1 percent at the 95 percent confidence level. The information for this Survey was obtained from participating apartment managers, owners, and property managers. All information collected on each building/complex is TOTALLY CONFIDENTIAL. Only Survey totals are published. Information furnished by participants is considered reliable. The sponsors and author make no warranty, express or implied, and assume no legal liability or responsibility for the inclusion of data from the participants in the Survey or for the use of the data from the Survey. Any quotations and/or reproductions of the Survey must indicate the sponsors and the author. This report is copyrighted by Dr. Gordon E. Von Stroh. Since 1995 the Division of Housing of the State of Colorado has funded the Multi-Family Housing Vacancy and Rental Survey for various Colorado Communities. These Surveys cover the first and third quarters, except for Colorado Springs, Denver Metro Area, Fort Collins/Loveland, Grand Junction, Greeley, and Pueblo which are conducted quarterly. A public/private partnership has committed to sponsor the Denver Metro Area on a quarterly basis and Colorado Springs Metropolitan Area Apartment Vacancy and Rental Survey for the second and fourth quarters. In the spirit of cooperation, all sponsors share in the credit for this combined effort to provide information on the apartment industry. The intent is to provide information that will be used by all individuals associated with the industry. The excellent industry cooperation by various apartment associations, county and local officials, owners and apartment managers is appreciated. Survey management and analysis was done by Dr. Gordon E. Von Stroh of Colorado Economic and Management Associates. Assisting in the Survey was C. M. Von Stroh. The Colorado Housing and Finance Authority and the Division of Housing will use the Survey as a data source for compiling current market information for updates to its community housing profiles, which are contained in the Consolidated Plan. The Consolidated Plan is a strategic investment plan, which enumerates the actions the State will take to assist communities in meeting their housing and infrastructure needs. Additionally, as federal dollars for public housing decrease, accurate rental market information will be 2

essential in order for public housing authorities to verify local fair market rents established by the United States Department of Housing and Urban Development. The sponsors and author of this report view it as a work in progress. The intent is to make this Survey consistent in methodology and scope with the Denver Area Apartment Vacancy and Rental Survey, and the Colorado Multi-Family Housing Vacancy and Rent Survey. The ultimate goal is to have multi-family rental market data that is consistent statewide. As the sample size stabilizes and the research procedures become fixed, new market areas will be added to the report. The market areas selected for the report were determined on the basis of market size, perceived regional importance and/or the percentage of renters paying a high share of income for shelter. Changes in format and in the tables and graphs are possible if user recommendation indicate a change is warranted. The accuracy and reliability of this Survey can be improved by increasing the size of the sample returns for each market area. If you are an owner or manager of multi-family rental housing in the listed market areas and would like to participate in the Survey, please contact Gordon Von Stroh [email protected] or at 303-871-3435 or write to him at the Daniels College of Business, The University of Denver, Denver, Colorado, 80208.

3

Colorado State Table of Contents

Number of Survey Responses by Market Area Map of Vacancy Rates by Market Area

5 6

Vacancy Rates by Market Area Vacancy Rates by Apartment Type by Market Area Vacancy Rates by Size of Building by Market Area Vacancy Rates by Age of Building by Market Area

7 8 10 12

Average Rent by Market Area Average Rent by Apartment Type by Market Area Average Rent by Size of Building by Market Area Average Rent by Age of Building by Market Area

14 15 17 19

Median Rent by Market Area

21

Median Rent by Apartment Type by Market Area

22

Rent per Square Foot by Apartment Type by Market Area

24

Turnover by Age of Building by Market Area

26

Rental Losses from Discounts and Concessions

30

Vacancy Rates for 30 % AMI Average Rents for 30 % AMI Vacancy Rates for 40 % AMI Average Rents for 40 % AMI Vacancy Rates for 50 % AMI Average Rents for 50 % AMI Vacancy Rates for 60 % AMI Average Rents for 60 % AMI Vacancy Rates for 80 % AMI Average Rents for 80 % AMI

NUMBER OF TOTAL AFFORDABLE HOUSING SURVEY RESPONSES BY MARKET AREA Market Area All Colorado Metro Areas

1st

2007 2nd

3rd

4th

1st

2008 2nd

3rd

4th

1st

2009 2nd

3rd

4th

1st

2010 2nd

3rd

4th

1st

10371

10282

10585

10387

11738

11672

11987

12746

13008

12604

11425

11166

11761

12134

12131

11320

12785

Colorado Springs

1063

749

854

685

673

633

913

881

1008

969

903

1569

1142

996

1452

1104

1771

Denver Metro Area Adams County Arapahoe Boulder/Broomfield Counties Denver County Douglas County Jefferson County

6973 1545 1000 488 2434 200 1306

7740 1729 1122 679 2857 233 1120

7736 1601 1005 420 2723 253 1734

7362 1304 984 141 3033 233 1667

9075 1835 1093 950 3185 233 1779

9127 1753 1503 834 3010 200 1827

8979 1211 1498 725 3011 313 2221

10092 1419 1708 1310 3163 346 2146

10480 1531 1721 996 3655 346 2231

10047 1283 1694 885 3608 346 2231

9082 1678 1712 360 2933 346 2053

7731 2182 968 361 2699 33 1488

8600 1799 1489 495 2715 33 2069

8854 1780 1631 364 2476 313 2290

8822 1550 1331 364 3147 129 2301

8246 1094 1159 364 3196 129 2304

8798 1726 1185 589 3016 129 2153

Fort Collins/Loveland

1397

1072

1198

1175

865

624

811

685

420

561

685

837

837

948

713

904

1108

Grand Junction

257

291

291

363

423

501

501

363

501

500

309

440

513

440

499

440

499

Greeley

298

234

336

337

502

565

559

378

406

125

205

187

159

201

180

161

208

Pueblo

349

196

170

465

200

222

222

347

193

402

200

402

402

599

465

465

401

5

2011 2nd

3rd

4th

STATE OF COLORADO AFFORDABLE HOUSING VACANCY RATES BY MARKET AREA (In Percent)

Fort Collins 6.5%

Loveland

Greeley

2.3%

4.3%

Denver Metro Area 4.8%

Adams Arapahoe Boulder/Broom Denver Douglas Jefferson

Grand Junction 4.2%

Colorado Springs 6.0%

Pueblo 3.7%

Average for all State Metro Areas 4.9%

6

4.5% 3.3% 2.4% 3.5% 3.9% 8.5%

MULTI-FAMILY AFFORABLE HOUSING VACANCY RATES BY MARKET AREA (In Percent) 2007

2008

2009

2010

Market Area All Colorado Metro Areas

1st 6.0

2nd 4.7

3rd 6.4

4th 5.9

1st 6.9

2nd 6.1

3rd 5.7

4th 6.9

1nd

2nd

3rd

4th

7.4

6.4

6.7

Colorado Springs

5.4

5.1

8.5

8.0

5.8

6.2

9.4

8.7

6.3

7.6

Denver Adams Arapahoe Boulder/Broomfield Denver Douglas Jefferson

6.5 6.7 9.2 1.4 4.8 6.5 9.3

4.3 5.6 5.1 2.9 3.5 6.9 4.1

6.6 4.6 8.8 5.2 5.3 8.3 9.3

5.6 4.1 6.8 2.1 4.7 9.9 7.1

7.5 4.1 5.7 4.5 9.9 9.9 8.9

6.2 4.3 7.7 4.0 3.4 13.5 11.5

5.5 3.6 7.2 3.9 4.3 6.1 7.5

6.8 4.5 4.6 4.2 5.2 5.5 14.3

7.8 5.2 6.2 4.3 6.1 5.5 15.7

Fort Collins/Loveland Fort Collins Loveland

5.9

8.1

6.2

7.7 7.0 10.6

4.5 4.7 3.4

8.8 9.1 6.8

7.6 7.3 13.5

6.9 6.5 20.3

Grand Junction

1.9

1.7

2.7

4.1

2.1

1.8

2.0

Greeley

4.4

5.6

2.4

9.2

7.2

6.4

Pueblo

1.4

4.1

1.2

2.8

5.0

2.3

2011

6.7

1st 5.4

2nd 5.4

3rd 4.0

4th 4.1

1st 4.9

8.9

8.5

7.7

8.2

7.1

6.4

6.0

6.4 5.1 3.7 4.1 5.5 5.5 11.7

6.8 7.6 7.0 2.5 4.3 4.6 11.0

6.6 8.8 5.3 3.0 3.7 0.0 10.2

5.4 6.5 3.8 4.8 2.8 0.0 9.1

5.0 7.1 3.1 2.5 2.5 5.8 7.6

3.5 3.7 2.6 1.4 2.7 3.1 5.4

3.7 5.0 2.0 4.4 2.5 3.1 5.4

4.8 4.5 3.3 2.4 3.5 3.9 8.5

9.8 6.5 11.9

6.8 6.5 9.5

6.6 8.4 4.6

6.8 5.1 8.4

3.2 3.2 3.2

7.1 3.2 7.6

4.9 4.8 8.0

6.0 5.6 7.2

4.3 6.5 2.3

1.9

1.6

3.2

1.0

4.1

5.8

5.7

2.0

2.3

4.2

5.0

13.2

6.2

5.6

4.9

5.9

6.3

5.0

3.9

5.0

4.3

2.7

4.6

3.1

6.5

4.0

4.7

3.0

3.7

4.3

3.7

3.7

7

2nd

3rd

4th

AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area All Colorado Metro Areas

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

One bedroom Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

11.3 5.4 6.7 6.3 5.4 6.0 0.0 6.3 6.5 2.9 0.0 5.4 11.7 5.8 8.3 6.9 5.7 6.5 26.3 7.2 9.0 5.8 4.2 6.7 50.0 11.7 8.8 11.6 2.5 9.2

4th

1st

2008 2nd 3rd

8.2 5.5 8.0 6.6 6.1 6.4 0.0 10.1 9.5 4.5

8.9 5.6 8.0 8.2 6.6 6.7 7.7 7.6 14.8 7.1

7.6 8.1 5.1 8.2 7.1 6.7 6.4 4.5 5.8 3.4 7.3 8.3 5.1 0.0 2.7 4.8 5.6 3.4 3.7 0.0 1.5 6.7 3.0 5.9 4.1 9.5 4.7 6.0 7.2 3.8 5.5 4.5 5.0 7.0 7.7 5.5 2.5 9.8 16.9 10.1 12.0 11.7

9.3 4.3 8.1 5.5 6.6 5.9 0.0 6.2 16.0 0.0

10.4 8.1 7.8 5.6 4.7 6.9 4.5 6.3 14.1 1.4

5.7 4.8 7.2 7.4 5.7 6.1 6.3 6.6 8.1 2.2

6.4 4.9 6.5 7.6 5.5 5.7 0.0 5.9 17.0 8.7

7.0 4.8 10.4 8.0 6.7 6.9 7.7 4.9 14.5 4.3

8.5 11.5 6.0 6.0 6.7 7.3 6.6 0.0 4.1 2.5 6.4 6.7 4.6 0.0 5.9 11.4 8.0 8.5 8.8 40.0 3.6 6.6

8.0 10.7 4.2 6.8 5.7 6.1 5.6 0.0 4.6 4.3 3.1 4.8 4.1 0.0 6.3 5.9 5.3 6.9 6.8

0.0 5.2 13.7 3.9 6.1 4.6 4.3 5.3

5.0 2.1 11.5 3.3 6.7 4.6 2.9 4.7

5.8 10.7 8.9 8.3 6.2 4.2 7.5 9.1 3.7 4.1 5.4 3.1 4.1 0.0 8.3 1.2 6.3 2.1 5.7 0.0 1.9 6.7 7.4 4.0 4.5 12.8 11.5 10.5 4.6 3.8 9.9

6.2 5.9 4.8 7.0 7.6 6.1 6.2 9.1 3.7 4.3 5.6 2.5 4.3 0.0 6.1 8.4 7.5 10.6 7.7 0.0 2.8 5.2 7.4 2.6 4.0 5.9 2.1 5.8 4.0 2.8 3.4

9.4 7.1 5.2 5.3 7.6 5.1 5.5 0.0 3.1 1.9 13.5 2.9 3.6 0.0 8.7 5.5 5.4 7.0 7.2

1.0 0.0 2.7 1.3 1.4 9.2 2.9 6.8 3.9 10.1 4.8

5.1 11.2 3.1 4.3 6.3 5.3 4.3 17.5 5.5 1.3 6.5 9.4 5.6 50.0 3.0 4.0 9.7 3.6 5.1 20.0 1.6 5.9 0.0 2.8 2.9 9.1 2.7 5.1 2.2 3.7 3.5

2.5 8.8 5.4 3.1 3.9 8.8 4.2 3.9 5.1 2.9 4.3

8.7 6.6 4.8 10.4 8.3 6.4 6.8 4.4 2.6 4.5 11.7 4.0 4.5 0.0 3.6 5.3 6.4 4.1 4.6 0.0 3.0 7.1 3.6 4.6 4.2 6.6 3.9 6.8 8.3 4.1 5.2

7.6 5.0 13.7 7.7 5.0 7.4 0.0 3.6 11.6 4.4 30.0 6.3 7.8 5.2 14.8 8.3 5.6 7.8 15.9 4.7 5.2 6.2 3.2 5.2 0.0 3.8 8.1 10.6 6.8 6.2 0.0 3.9 6.7 3.0 4.7 4.3 5.7 4.1 12.3 6.0 2.8 6.1

5.9

2.0

4.0

4.0

4.0

11.8

6.0 9.4 6.5 6.7 9.6 12.0 8.3 11.1 9.3

10.0 12.5 6.9 0.0 2.6 5.8 5.3 4.7 4.1

11.7 9.4 8.3 8.8 13.0 6.4 5.7 10.3 9.3

14.0 15.6 9.9 5.9 6.1 10.3 6.1 8.8 7.1

14.0 15.6 9.9 2.9 11.1 11.8 5.7 7.1 8.9

18.0 3.1 13.5 2.5 10.0 11.9 10.6 14.3 11.5

6.0 5.0 7.0 7.7 6.1 0.0 5.7 9.4 10.3 8.3 7.5

4.5 5.0 7.0 7.7 5.5 10.0 10.0 25.9 11.0 13.9 14.3

4.5 5.0 7.0 7.7 5.5 17.5 10.3 34.8 11.5 9.6 15.7

4th

1st 5.6 4.5 6.7 5.4 5.6 5.4 0.0 6.8 11.3 2.3

8.9 8.7 5.7 8.0 8.2 7.2 6.8 4.5 8.2 8.5 7.3 5.3 7.6 0.0 5.8 9.8 8.0 7.4 7.0

11.7 5.3 7.4 9.0 7.2 6.7 12.1 6.8 9.3 8.2 0.0 8.5 12.9 5.3 7.5 9.1 6.1 6.6 24.4 9.8 7.5 9.3 2.4 8.8 0.0 3.0 11.3 9.9 9.1 5.3

1.8 3.6 2.6 2.9 2.5 10.7 3.6 3.8 3.7 6.2 4.3

0.6 8.4 2.7 2.9 3.0 0.0 2.6 4.5 4.7 7.3 3.7

7.7 6.8 4.6 6.3 6.0 4.7 5.4 12.8 5.9 5.5 7.9 5.7 6.5 0.0 3.4 8.9 3.1 2.9 3.8 0.0 4.1 5.6 2.6 4.4 4.8 3.4 2.6 3.6 3.8 1.5 2.8

3.8 4.0 6.0 7.7 4.6 7.5 8.1 14.6 13.0 10.0 11.0

0.0

0.0

2010 2nd 3rd

4th

1st

8.0 4.4 6.5 6.4 5.5 5.4 19.0 9.3 10.3 1.8 0.0 8.2 6.2 4.3 5.9 6.1 4.1 5.0 4.3 8.1 6.4 7.8 0.0 7.1 0.0 2.2 8.3 2.1 4.7 3.1

6.9 3.5 4.3 3.8 4.5 4.0 10.5 7.0 9.8 4.0 0.0 7.1 7.5 3.4 2.9 3.7 3.9 3.5 11.1 4.2 2.6 6.4 2.3 3.7 0.0 2.7 1.4 2.7 2.8 2.6

7.7 2.7 4.3 5.9 5.2 4.1 0.0 5.7 11.0 4.2 0.0 6.4 7.6 2.5 3.8 5.4 4.5 3.7 4.4 2.2 4.4 19.8 5.3 5.0 0.0 1.8 2.3 2.0 2.3 2.0

0.0 9.6 0.0 1.5 2.5 5.3 2.1 2.2 7.2 1.5 2.5

0.6 1.2 0.0 4.4 1.4 5.0 1.9 2.4 3.9 4.5 2.7

0.6 1.3 0.0 5.9 4.4 0.0 1.5 3.6 3.8 4.5 2.5

7.9 4.5 5.1 5.5 5.1 4.9 7.1 6.7 5.9 4.7 0.0 6.0 6.4 4.5 4.8 6.1 5.0 4.8 6.8 5.1 4.3 3.1 5.3 4.5 0.0 2.8 3.3 5.8 1.2 3.3 0.0 1.9 2.3 0.0 4.4 2.4 0.0 2.4 2.7 7.2 6.7 3.5

4.0 6.0 7.0 7.7 5.8 10.0 7.1 7.7 8.5 8.7 7.6

4.3

4.3

0.0

2.5 0.0 3.1 7.5 6.5 4.3 3.9 4.7 5.4

2.5 0.0 3.1 15.0 5.2 4.3 6.4 5.4 5.4

10.0 5.0 3.9 11.1 10.2 8.8 7.3 5.1 8.5

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

1st

8.4 5.6 7.1 6.1 7.3 6.4 0.0 6.3 14.6 4.3

0.0 5.0

2009 2nd 3rd

4th

10.0 3.4 5.1 6.0 5.9 4.7 0.0 5.5 9.2 0.0

Efficiency Two bed, one bath

Denver

1st

2007 2nd 3rd

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

8

0.0 0.0 9.2 10.9 13.8 8.3 10.2

0.0 5.0 8.6 9.6 9.1 8.5 9.1

2011 2nd 3rd

4th

AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

1st 12.0 3.6 5.0 5.3 6.9 5.9 0.0 3.4 2.2 1.9 4.7 0.0 8.7 5.0 4.4 0.0 1.3 0.0 0.0 2.3 1.4

2007 2nd

3rd

4th

1st

8.4 9.9 5.9 9.5 8.1

5.4 5.2 8.5 4.3 8.6 6.2

12.0 4.9 11.1 5.3 8.9 7.7

15.7 0.7 0.0 3.6 5.4 4.5

4.8 4.8 12.8 12.9 7.1 8.8

4.8 3.3 10.3 10.7 12.7 7.6

3.0 9.3 7.4 9.5 6.9

3.7 11.8 18.5 7.4 9.8

0.0 1.0 0.0 3.4 1.7 100.0 3.2 5.0 25.0 0.0 5.6 0.0 4.2 3.8

1.3 3.1 0.0 3.4 2.7 0.0 1.2 5.1 0.0 9.1 2.4 0.0 1.6 2.4

1.8 5.4 0.0 5.5 4.1

0.0 1.2

1.0 0.9 4.1 2.7 1.8 12.5 5.8 6.5 6.3 6.9 6.4 4.0 1.9 0.0 4.5 0.0 2.3

2.1 2.7 2.0 1.4 2.0 22.2 4.4 5.7 5.3 4.6 5.0 4.0 1.9 6.7 4.5 0.0 2.7

0.0 1.8 0.0 3.4 1.9 20.0 10.7 16.0 14.5 13.6 13.2 8.0 4.6 3.8 4.5 5.7 4.6

0.5 3.6 2.0 1.4 1.6 12.5 7.3 7.1 4.7 4.0 6.2 4.5 5.3

5.0 4.1

1.7 1.8 0.0 3.4 2.1 0.0 6.7 5.9 7.1 9.2 7.2 0.0 2.9 0.0 9.1 9.4 5.0

5.7 11.8 12.5 11.5 9.2 0.0 2.5 0.0 6.3 2.2 2.8

2008 2nd

3rd

4th

1st

0.0 0.0 3.1

2009 2nd 12.0 4.5 7.3 1.9 10.7 6.8 2.1 1.8 8.3 4.1 3.2 1.7 10.0 0.0 12.1 5.6 0.0 8.7 0.0 0.0 0.0 6.5

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

9

3rd

4th

1st

2010 2nd

3rd

4th

1st

6.0 1.0 8.5 14.7 8.8 7.1

2.4 2.3 7.5 5.2 5.4 4.9

1.6 4.5 13.5 9.6 6.0

10.8 3.7 4.6 4.0 2.2 4.3

2.2 3.6 6.4 10.3 5.7 60.0 2.3 6.3 0.0 5.3 5.0 4.5 4.0

1.0 1.8 4.3 2.7 2.0 33.3 1.0 5.3 0.0 10.7 3.9 12.0 3.7 0.0 3.1 5.4 4.3

0.0 1.8 2.1 4.8 2.3 20.0 5.2 0.0 0.0 10.7 5.0 12.0 2.9 0.0 4.7 3.2 3.7

2.1 4.5 6.4 6.2 4.2 25.0 0.8 8.8 8.3 7.1 4.3 0.0 4.4 20.0 0.0 3.1 3.7

3.9 6.8 14.4 5.5 6.6

3.1 5.1 13.5 8.8 6.8

2.3 2.2 4.7 5.1 3.2

0.0 1.0

0.7 3.6 2.1 8.2 4.1 20.0 6.2 7.7 8.3 2.0 5.9 4.5 5.4 0.0 2.3 3.1 4.7

2.5 6.8 0.0 10.1 5.8 20.0 2.6 16.7 0.0 3.6 6.3 0.0 3.3 0.0 4.5 0.0 3.0

1.7 1.0 40.0 2.5 6.4 0.0 6.1 4.9 4.5 3.1 0.0 6.8 3.1 4.0

2.3 0.0 3.7

2011 2nd

3rd

4th

AFFORDABLE HOUSING VACANCIES BY SIZE OF BUILDING (In Percent)

Market Area All Colorado Metro Areas

Building Size 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up Colorado 2 to 8 Springs 9 to 50 51 to 99 100-199 200-349 350 up Denver 2 to 8 Metro Area 9 to 50 51 to 99 100-199 200-349 350 up Adams 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up Arapahoe 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up Boulder/ 2 to 8 Broomfield 9 to 50 51 to 99 100-199 200-349 350 up Denver 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up Douglas 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up Jefferson 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up

2007 1st

2nd

2008 3rd

4th

1st Qtr

18.6 6.5 5.2 5.0 9.4 2.6 6.9 4.8 6.6 14.8

13.3 5.8 5.5 5.9 6.3 4.0 0.0 5.5 0.0 6.8 14.8

15.5 5.3 4.3 5.3 10.1 10.3 0.0 5.1 9.4

2nd

2009 3rd

4th

13.8 3.9 4.5 5.7 6.8 13.3 25.0 5.4 9.1 4.2

4.5 5.4 4.5 5.4 8.1 5.0 0.0 3.6 11.5 13.8 11.0

9.1 4.9 5.0 7.9 8.0 7.6 0.0 6.8 9.1 6.5 13.4

7.7 6.7 5.4 8.1 7.0 10.9 0.0 8.1 10.3 0.0 4.5

10.1 5.1 4.5 5.6 8.4 3.9 0.0 6.6 4.6 2.0 7.9

0.0 5.0 5.7 3.8 5.3 4.0 0.0 7.6 3.9 0.6

11.7 5.7 4.4 6.5 8.5 3.9

0.0 4.0 5.6 2.6 5.3 4.0

19.6 6.8 5.4 5.0 8.9 2.6

17.8 7.7 4.8 5.3 5.6 4.0

19.6 6.8 4.2 5.0 10.4 10.3

13.7 3.9 3.9 5.4 6.8 13.3

5.9 7.5 3.3 4.7 7.9 5.0

11.4 4.7 4.3 8.0 7.5 7.6

4.0 0.0 5.8 8.8

4.3 22.9 1.3 6.4

1.8 2.8 6.0

4.4 4.0 5.0 2.9

6.7 3.2 3.3 4.6

2.2 4.0 3.4 5.1

3.4 1.3 4.0 6.4 0.0

0.0 0.0 12.3 6.2

6.5 0.0 3.8 7.0

7.0

7.7

0.0

8.6 10.1

9.1 4.0

8.1 3.3

0.0 5.5 5.3 9.1 3.6

4.1 4.3 5.0 12.9

0.0 1.1

3.1 3.0 0.0

0.0 6.5 0.0

2.1

3.6 3.8 2.8

3.6 3.5 0.9

3.5 4.6

0.0 5.0 4.6 2.0 3.5

21.2 9.7 5.1 3.4 3.3

17.8 8.8 5.4 2.3 4.0

5.9 21.2 9.0 4.9 2.1 28.1

5.2 16.3 4.3 4.0 2.1 3.6

3.9 6.4 9.0 3.2 3.2 3.3

0.0

0.0

0.0

0.0

8.0

10.5

11.5

11.5

1.5 12.5 6.7 5.6 2.8 5.4

6.5 0.0

9.3 11.0 6.3

0.0 6.7 6.0 2.9 4.0

4.4 7.0 13.1 2.6

5.0 11.3 7.8 4.0

4.8

0.0 0.0 3.1 14.3 5.8 14.8

1st Qtr

2nd

11.3 7.8 5.3 5.7 7.5 6.2 11.0 14.4 2.1 4.5

5.3 6.0 5.6 6.3 8.9 5.5 0.0 6.2 21.2 5.5 6.6

8.3 7.2 5.0 8.6 7.5 10.9

12.5 8.4 4.4 5.9 7.9 6.2

4.5 4.1 4.0 5.3 4.4

8.0 5.3 4.1 9.3 0.0

7.0 5.8 3.8 5.4

4th

0.0 5.0 5.9 6.0 8.6 7.9

1st Qtr

7.1 14.5 8.2 8.0

0.0 4.6 5.1 4.5 6.8 7.6 0.0 6.7 16.4 6.6

10.0 7.2 4.2 6.6 9.1 5.5

0.0 4.8 5.0 5.5 9.0 7.9

0.0 3.1 4.4 5.4 6.8 4.7

0.0 4.1 3.1 3.7 7.3 7.6

4.0 2.6 3.8 10.0 0.0

0.0 10.5 4.2 13.1 0.0

4.5 6.0 6.6 11.6 7.9

3.5 4.5 7.9 5.8 8.3

7.5 6.2 5.1 8.4

3.2 4.6 3.7 3.4

6.5 4.6 6.4 9.1

8.2

3.4 4.0 5.0 0.0 4.6 12.5 5.5 4.8 6.1 2.9

8.9 4.5 0.0 0.0 4.6 9.1 8.0 5.2 8.0 2.6

3.6 3.7 0.0 4.6 13.6 10.6 4.8 5.1 2.7

2.0 3.7 0.0

0.0

0.0

0.0

6.1 0.0 2.6 1.4 22.8 12.3 13.9

6.1 0.0 0.0 4.3 22.6 10.3 28.3

6.1 0.0 3.8 4.6 13.3 13.3 12.1

2.7 12.7

0.0 3.2 2.8

10

4th

1st Qtr

0.0 3.7 4.1 3.5 5.3 3.3

20.0 3.5 6.6 4.0 5.6 3.1

7.6 14.5 4.6 6.8

5.9 15.8 1.5 6.8

4.8 15.2 3.8 5.6

4.5 2.4 2.9 4.4 5.2

2.3 3.4 3.1 5.0 3.3

2.1 7.5 3.7 5.6 3.1

9.3 3.7 4.0 8.2 8.3

3.0 2.0 4.2 4.3

7.6 2.3 4.7 6.6

2.0

3.2 2.7 3.7 5.4

3.5 3.2 2.5 5.4

3.3 1.8 1.9 3.2

3.3

3.1

2.1 1.4

3.2 4.7 1.4

0.0 6.8 1.9 0.0

0.0 3.6 0.0 0.0

0.0 1.6 0.9 0.0

0.0 5.7 1.9 0.0

3.2 1.9 3.7 0.0

0.0 3.2 2.4 2.7 1.8

8.0 3.5 1.9 1.5 2.2

0.6 2.9 2.2 3.1 2.2

0.7 2.9 3.9 2.7 8.0

0.0 4.2

0.0 4.2

0.0 5.2

1.0 1.0 6.2 6.9 6.3

1.0 3.5 6.0 7.0 3.7

5.8 29.9 4.7 5.6 4.4

16.7 8.8 3.7 4.3 1.9 0.0

4.7 3.7 4.2 2.5

0.0 3.5 1.9 3.0 3.3

0.0

0.0

0.0

0.0 12.5 6.6 15.3 10.0 9.7

2011 3rd

0.0 5.0 3.8 3.1 4.8 5.2

5.1 6.1 0.0 5.3 3.5 6.8 8.8 8.7

2nd

3.1 4.7 5.3 5.1 6.6 4.7 4.5 8.3 13.3 5.8 6.5

13.5 0.0 0.0 2.5 10.2 9.8 21.5

2010 3rd

3.2 7.3 0.0

5.8 0.0 5.8 10.4 11.8 9.4

5.8 10.4 12.2 10.0 2.4

2.7 3.8 8.8 9.4 7.1

2nd

3rd

4th

AFFORDABLE HOUSING VACANCIES BY SIZE OF BUILDING (In Percent)

Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Building Size 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up 2 to 8 9 to 50 51 to 99 100-199 200-349 350 up

2007 1st

2nd

2008

3rd

4th

1st

2009 2nd

2010

2nd

3rd

4th

1st

3rd

4th

1.8 10.8 7.1

2.7 10.1 5.4

1.1 11.2 14.2

1.8 7.3 8.5

3.1 7.2 9.2

1.3 5.4 12.1

1st

2011

2nd

3rd

4th

1st

1.3 3.5 4.0

0.7 5.7 10.8

0.9 10.2 3.3

0.7 4.3 11.8

0.6 2.7 7.4

0.0 4.8 8.6 0.9

1.4 9.0 0.9

0.0 1.9 3.6

2.7 2.4 1.8

4.1 4.5 3.6

3.6 7.2 5.8

6.0 10.2 7.8

2.1 6.8 6.3

2.1 12.2 7.0

0.9 5.1

2.7 8.3 11.3

2.1 1.8

0.0 2.1 1.8

3.0 2.1 3.6

2.7 3.4 6.3

0.0 1.7 4.5

0.0 2.2 1.8

0.0 2.5 1.8

1.4 1.7 2.7

1.4 1.6 1.8

0.0 5.1 0.0

0.0 1.2 0.9

0.0 6.7 0.9

3.4 0.0 5.8 5.0

5.4

4.3

3.1

7.9

5.9

4.0

3.7

8.6

4.8

12.3

6.6

10.5

1.9

10.7

7.1

6.5

5.2

15.9

6.1 2.5

5.8

7.7 0.0 4.8

12.7

5.8

5.2 0.0 4.8

2.9

2.9 0.0

1.9

1.9

14.0 0.0 2.9

0.0 2.0 1.8 0.8

0.0 3.0

0.0 0.0

0.0 2.3

0.0 0.0

0.0 0.0

0.0 3.1

0.0 7.8

5.3

0.0 5.0

0.0 5.0

0.0 10.0

0.0 0.0

5.0

0.0 5.8

0.0 5.2

20.0 2.5

4.8

1.6

3.1

6.5

3.2

2.6

3.9

2.6

2.6 9.9

3.9

1.9 5.9

2.6 4.0

1.9 4.2

3.5

2.8

1.3 5.5

11

2nd

3rd

4th

AFFORDABLE HOUSING VACANCY RATES BY AGE OF BUILDING (In Percent) Market Area All Colorado Metro Areas

Colorado Springs

Denver Metro Areas

Adams

Arapahoe

Boulder/ Broomfield

Denver

Douglas

Jefferson

Age Building To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+

2007

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

11.7 16.3 7.1 1.9 5.9 4.8 6.3 0.0

9.8 2.3 4.3 1.9 4.4 5.2 6.1

9.1 5.6 7.1 4.3 5.2 7.2 5.9

8.8 9.5 6.4 4.4 3.7 7.4 3.0

9.6 7.5 6.4 6.1 4.8 4.4 15.9

7.4 2.7 7.8 5.1 5.9 5.4 3.1

6.9 10.4 5.4 2.5 6.8 7.5 3.2

6.7 7.2 9.2 3.8 6.1 7.0 3.8

7.4 4.8 10.2 4.3 6.0 5.2 10.7

7.6 5.8 8.5 4.3 5.4 4.4 4.8

5.6 15.0 7.3 3.6 7.3 5.9 5.0

4.2 8.4 7.5 4.9 6.6 7.6 3.5

1.5 8.2 6.3 4.7 4.5 5.0 4.2

2.7 11.9 5.4 4.4 5.3 4.8 4.2

4.2 4.6 4.5 2.2 3.4 4.3 2.8

1.9 3.8 4.3 2.7 4.6 4.4 2.8

3.8 4.1 4.5 2.5 5.7 3.7 10.8

16.7

0.0

6.7

6.7

0.0

0.0

0.0

100.0

0.0

7.9 3.2 3.0 5.1 12.4 16.3 8.3 1.3 6.5 4.8 6.3 16.7 4.0 1.6 1.6 4.8 5.3

9.7

5.0

5.0

0.0

8.3

0.0

0.0

8.3

0.0

3.3

0.0

12.5

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

8.3

12.3

11.5

19.3

7.6

8.8

12.3

9.4

30.4

9.5

9.2

10.3

5.9

10.8

12.3

1.7

1.4

2.3

0.5

1.4

1.6

1.8

4.9

2.0

1.8

1.8

1.8

1.4

1.8

1.1

3.9

0.0

0.0

0.0

3.2

8.1

2.3

2.3

10.1

1.0

12.9

14.5

4.7

8.2

12.3

11.3

4.5

4.1

5.2

7.7

6.2

7.5

6.2

5.1

4.2

9.3

10.1

9.3

10.8

7.6

7.2

7.1

8.2

8.0

5.2

4.2

0.6

2.1

4.1

1.8

1.9

6.2

10.6

10.2

4.3

12.5

7.4

4.8

5.9

15.9

7.6

10.3

12.5

4.3

2.2

4.8

3.7

7.6

6.0

6.2

8.9

5.9

9.8

11.1

8.7

8.1

8.6

6.9

6.2

4.3

4.6

4.8

2.0

4.8

3.6

6.2

9.1

6.0

2.7

4.1

4.4

4.6

3.9

4.8

4.1

4.1

2.3

3.8

2.3

2.8

3.3

5.1

3.3

5.1

4.2

5.8

5.9

4.9

5.5

7.1

6.1

4.4

4.4

3.2

4.1

4.5

5.1 6.1

6.4 5.9

6.3 3.2

4.6 17.1

5.2 3.0

6.6 3.2

4.7 4.2

5.2 12.1

4.5 4.4

6.1 4.7

6.7 3.5

4.7 4.9

2.7 3.9

3.2 2.7

2.5

3.7 11.9

0.0

1.4

7.0

5.6

2.4

3.1

0.6

1.1

3.0

2.0

2.5

5.7

2.8

11.5

4.4

4.4

2.1

2.3

7.1

6.0

5.6

2.0

10.2

11.3

0.3

6.7

6.7

5.8

5.4

9.0

8.7

8.5

6.6

9.9

2.2

4.9 2.5

5.2 5.8

3.5 4.2

6.1 6.7

7.2 1.7

6.2 8.3

2.7 3.9

5.3 1.7

6.7

2.4 8.3

0.0

0.0

0.0

5.9

0.0

5.9

5.9

0.0

2.7

2.0

9.3 20.4

0.8

3.0

1.8

1.8

0.0

5.0

2.3 11.2

5.0 8.7

7.7 3.5

4.1 2.5

4.2 2.3

7.8 3.3

15.6

2.5

3.3

0.0

7.4 0.0 11.4 6.1 24.0

3.7

15.5

27.0

0.0

8.8

0.9

1.2

1.8

1.5

1.8

0.0

1.5

1.5

0.9

1.9

0.0

9.1

22.7

13.6

15.9

16.8

5.0

4.2

3.6

5.2

3.3

3.7

2.6

1.3

0.8

0.8

3.2

5.0

7.4

5.0

3.6

5.6

10.3

5.6

5.6

3.7

11.3

7.0

5.5

2.8

2.3

2.6

6.1 1.0

7.2 1.0

4.8 1.0

3.7 2.9

6.6 4.2

12.8 3.5

4.9 3.5

8.5 6.3

5.4 3.5

9.5 4.9

10.0 5.8

4.1 4.9

3.6 2.1

3.9 0.0

1.5 3.8

4.9 3.8

3.1

3.1

6.3

3.1

0.0

4.4

4.4

0.0

2.2

7.2

0.0

0.0

1.2

5.0

0.0

0.0

0.0

1.1

3.1

0.0

0.0

2.1

2.4

4.2

16.0

4.3 2.8

0.9

4.6

5.8

0.0

6.3

3.1

2.3

3.1

0.0

0.8

9.5

3.2

1.5

8.0 0.0

2.3

4.4 5.3

3.4 11.7

4.2 4.5

4.2 6.7

3.6 11.7

2.2 5.0

3.3 6.7

4.2 11.7

1.1 13.3

2.1 3.3

2.1

5.0

5.0 5.0

2.1 1.7

8.7 24.2 4.5 1.3 6.2 9.3 3.3

9.2

10.2

9.5

10.9

7.9

7.4

7.4

8.5

9.5

5.5

4.2

0.7

1.8

4.0

1.9

9.4

13.6

9.1

13.6

5.9

16.2

11.0

6.7

5.2

8.6

0.0

15.0

5.0

22.5

0.0

0.0

2.6

3.6

3.5

3.3

1.8

3.0

2.8

2.5

2.4

2.7

2.0

3.6

1.3

1.5

3.1

2.5

1.3

3.0

3.5

2.4

1.5

3.1

2.3

3.4

4.0

3.3

2.5

1.8

2.3

1.1

0.9

1.3

2.6

4.9

3.1

2.1

4.3

3.3

3.8

2.7

4.2

3.1

4.2

3.3

3.8

6.2

5.1

6.8

5.0

7.0

3.1

3.9

4.0

4.4

5.8

0.0 4.9

0.0 4.9

2.7 3.2

1.2 28.8

2.9 3.3

4.6 2.1

8.8 6.7

5.1 22.3

7.0 4.8

4.1 5.2

3.9 4.4

3.3 3.6

2.6 2.9

2.9 3.2

2.2

5.6 3.3

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

6.1

6.1

6.1

5.1

6.1

6.5

3.2

0.0

8.0

10.5

11.5

0.0 12.8 9.4

8.7

14.7

4.1

9.8

6.7

1.5

4.5

5.2

0.0

11.5

5.8

2.5

0.0

0.0

0.0

4.2

4.2

5.2

13.5

0.0

0.0

0.0 8.6

1.4

2.4

7.1

9.4

8.3

11.9

6.0

1.2

2.4

6.0

8.6

13.0

8.5

16.9

0.0

19.1

0.0

13.9

0.0

12.1

11.9

9.9

9.0

6.6

6.2

5.2

1.7

3.3

3.3

0.0 0.9

3.3 0.0

1.1 0.9

1.7 4.3

0.4 1.7

2.3

20.0

0.0

2.9

12.1

10.3

3.8

4.6

3.8

3.8

0.0

0.0 2.6

1.1 0.9

0.0 0.9

0.0 2.6

1.1 0.9

0.0

0.0

0.0

0.0

0.0

12

2.6

1.1 42.2

2nd

3rd

4th

AFFORDABLE HOUSING VACANCY RATES BY AGE OF BUILDING (CONTINUED) (In Percent) Market Area Fort Collins

Grand Junction

Greeley

Pueblo

Age of Building To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990 -99 2000-04 2005+

2007

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

4.3

8.5

2.1

2.1

2.1

4.3

2.1

2.1

0.0

2.1

4.3

0.0

2.1

0.0

2.1

7.5

4.4

5.2

8.4

7.5

7.7

4.1

2.9

1.6

2.5

4.8

2.1 2.4 1.7

2.1 3.7 5.4

15.0 1.5

8.6 2.2

12.4

6.8

10.2

3.9

15.4 1.6

4.1 4.5 1.8

9.8 12.9 5.4

5.3 5.3

7.1

6.0 13.8 5.4

6.8 12.1 3.6

6.0 2.8 0.0

6.3

16.2

5.7

13.0

7.3 5.3

10.5 6.3

7.1 6.2

6.8 7.1

0.0 1.8

1.8

3.6

6.3

4.5

1.1

1.6

2.7

1.1

1.6

0.5

1.1

2.9

1.1

2.6

1.1

3.2

3.5

2.5

3.4

5.9

1.7

2.5

1.7

3.4

2.5

4.2

1.7

11.8

18.5

14.3

1.7

3.4

5.9

0.0

0.0

0.0

0.0

2.0

0.0

2.0

0.0

3.0

1.0

0.0

2.5

2.5

0.0

2.5

3.0

1.1

0.0

4.3

3.3

0.0

0.0

7.7

2.2

0.0

5.5

3.3

3.3

5.5

0.0

12.5

18.8

6.3

5.9

23.1

23.1

15.4

23.1

7.7

15.4

6.3

3.1

0.0

0.0

0.0 0.0

21.9

3.4

0.0

4.3

0.6 4.8

8.6

13.2

6.3

5.8

5.8

3.8

10.6

3.7

0.0

0.0

0.0

0.0

0.0

5.3

0.0

2.9

0.0

6.3

3.1

3.1

8.3

6.8

6.1

15.9

6.1

0.0

0.0

4.8

6.3

0.0

4.8

0.0

1.6

6.8

11.9

4.8

6.8

11.4

13.3

5.8

4.8

4.8

2.9

2.9

1.9

1.9

2.9

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

5.0

0.0

0.0

0.0

0.0

2.6

7.9

5.3

5.3

5.3

10.5

0.0

5.3

7.9

7.9

2.6

0.7

3.9

1.6

3.1

6.3

2.7

2.7

4.2

2.6

6.6

3.8

4.1

3.3

3.6

3.4

2.7

3.9

0.0

0.0

0.0

11.1

11.1

3.5

4.3

3.5

2.1

13

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENT BY MARKET AREA (In Dollars) 2007

Market Area

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

All Colorado Metro Areas

680.05

687.56

686.51

669.27

659.26

675.29

653.14

682.00

658.12

625.09

700.17

642.74

655.50

692.92

696.61

638.57

698.68

Colorado Springs

628.56

580.87

610.13

604.92

622.24

553.80

647.70

627.01

642.31

469.03

731.14

637.20

684.35

648.70

697.31

645.08

692.86

Denver Metro Area Adams Arapahoe Boulder/Broomfiedl Denver Douglas Jefferson

711.80 705.70 747.02 716.90 714.28 824.20 668.32

708.26 694.84 752.59 650.20 720.40 829.62 663.58

715.28 683.23 783.85 817.64 706.13 826.08 692.38

691.21 715.66 731.31 553.43 697.18 824.12 649.99

672.81 682.39 762.34 724.21 592.32 822.48 704.98

710.42 726.13 728.75 744.68 687.11 842.27 688.62

680.67 701.74 737.80 673.44 634.66 683.35 694.99

698.81 725.71 683.89 708.78 681.10 700.43 712.64

670.36 665.70 678.54 722.51 621.70 700.43 719.00

645.17 644.71 658.55 763.72 561.99 700.43 714.22

711.40 649.10 693.07 805.62 744.65 700.43 715.43

641.51 685.65 583.59 795.95 566.37 862.50 708.40

659.83 679.78 659.20 752.35 588.65 237.50 720.93

713.55 687.32 670.71 808.20 746.15 676.00 719.29

719.89 641.06 696.33 804.328 752.08 871.25 720.75

637.66 599.02 697.02 796.52 560.25 868.12 695.51

720.57 654.18 727.10 729.56 740.86 873.27 730.17

Fort Collins/Loveland Fort Collins Loveland

650.84

692.75

670.45

661.13

710.21 638.05 942.89

575.72 573.23 635.51

581.07 583.61 641.93

665.03 667.94 641.99

658.04 659.03 644.83

582.90 568.93 638.95

644.63 667.91 608.36

711.91 681.34 740.97

653.76 683.21 629.20

653.47 681.99 734.08

607.26 562.34 660.96

704.89 664.87 739.35

623.01 618.62 637.68

Grand Junction

561.22

611.41

613.94

633.65

603.20

587.56

592.73

618.66

604.39

597.93

663.03

602.32

602.84

609.85

625.88

634.24

628.71

Greeley

550.25

545.43

569.11

490.16

492.37

508.06

448.26

628.45

518.40

562.98

531.40

552.58

513.72

514.43

489.17

526.75

497.26

Pueblo

538.01

532.07

525.83

506.37

486.38

480.86

478.38

490.96

510.04

611.44

526.25

630.02

631.33

666.47

546.00

553.14

644.82

14

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars) Market Area All Colorado Areas

2007 Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

2nd

3rd

4th

1st

2nd

3rd

4th

1st

423.24 609.82 672.93 728.11 800.27 680.05 466.67 546.67 664.77 651.43 848.65 628.56 625.56 646.83 703.29 775.65 786.35 711.80 400.00 598.03 666.66 749.30 828.55 705.70 443.00

467.89 623.56 666.51 773.07 815.46 687.56 398.58 534.21 591.14 707.87 848.05 580.87 642.47 650.87 708.78 755.69 831.33 708.26 403.00 607.86 665.49 768.91 847.99 694.84 460.00

419.91 600.72 669.37 735.02 821.14 669.27 554.16 533.77 650.56 596.40 874.55 604.92 646.41 622.39 722.30 752.71 812.06 691.21 571.63 645.39 664.98 790.98 830.47 715.66 571.00

436.07 625.58 685.93 735.62 825.46 686.51 461.31 550.64 690.96 522.30 875.17 610.13 645.18 688.65 727.09 748.84 816.28 715.28 460.00 603.87 665.46 708.27 827.35 683.23 570.00

448.06 536.99 682.84 739.94 821.20 659.26 764.74 530.03 530.39 678.42 830.32 622.24 607.35 677.72 467.19 686.32 794.05 672.81 585.68 527.60 661.80 792.15 823.86 682.39 571.00

425.03 603.93 678.67 744.04 825.01 675.29 345.58 526.11 549.68 622.48 832.50 553.80 613.57 683.76 709.28 773.17 765.17 710.42 578.86 627.69 685.92 813.76 855.40 726.13 562.50

402.65 588.66 630.68 744.28 798.86 653.14 338.11 547.41 615.51 708.34 826.07 647.70 635.44 708.83 579.73 734.46 730.33 680.67 465.00 600.69 676.00 886.21 911.41 701.74 597.00

435.40 620.86 683.58 744.11 813.13 682.00 323.96 579.08 642.17 635.11 876.07 627.01 674.69 692.67 713.83 747.28 756.41 698.81 487.78 633.66 732.67 785.84 864.09 725.71 571.00

619.89 683.09 773.37 926.66 747.02

640.28 698.47 719.74 891.61 731.31 433.60 463.90 681.70

661.54 700.06 801.95 944.85 783.85

1262.50 553.43 416.24 672.32 709.13 830.24 843.82 697.18

948.60 817.64 484.07 681.92 735.29 812.06 849.83 706.13

646.79 743.90 762.21 951.44 762.34 444.60 644.44 700.89 734.81 816.63 724.21 423.43 469.68 724.94 785.62 826.93 592.32

631.16 747.12 778.15 909.35 728.75 437.50 671.94 709.49 739.45 824.54 744.68 461.19 651.42 700.12 789.64 826.17 687.11

649.12 768.60 778.03 923.68 737.80

639.07 786.59 637.50 778.58 716.90 475.85 685.63 764.03 778.03 864.27 714.28

616.88 725.98 779.79 918.32 752.59 425.00 629.78 648.77 662.50 725.00 650.20 510.92 685.16 712.48 908.74 832.80 720.40

713.21

761.99

811.00

753.82

744.68

725.41

849.19 981.94 824.20 537.50 562.29 690.54 698.92 840.79 668.32

849.19 981.94 829.62 537.50 572.05 709.47 718.96 792.80 663.58

793.08 981.94 824.12 555.15 555.43 658.57 675.01 789.80 649.99

849.19 981.94 826.08 526.47 604.66 668.83 736.15 860.91 692.38

850.75 868.98 979.69 1007.13 822.48 842.27 526.47 527.60 615.39 588.92 700.02 717.76 733.13 726.46 857.73 875.98 704.98 688.62

799.00 789.90

2nd

2010

2011

3rd

4th

1st

2nd

3rd

4th

1st 2nd 3rd 4th

473.26 565.48 693.51 741.78 814.66 658.12 336.19 499.29 664.86 666.68 877.94 642.31 663.23 671.29 574.75 714.21 742.49 670.36 611.59 554.00 697.69 796.23 796.65 665.70 571.00

456.62 507.01 531.34 613.26 659.05 706.36 752.45 763.92 775.63 924.18 625.09 700.17 339.42 306.24 424.16 553.47 263.03 593.37 717.60 706.87 596.47 1617.94 469.03 731.14 671.94 655.23 662.15 695.50 489.61 687.23 702.77 777.99 752.56 733.44 645.17 711.40 606.48 599.89 553.27 589.87 680.13 659.76 787.21 760.56 787.75 746.87 644.71 649.10 634.00 615.00

477.93 535.29 676.94 776.11 806.37 642.74 383.83 455.93 677.91 690.17 848.10 637.20 695.00 639.11 508.77 722.34 757.93 641.51 605.50 564.86 691.50 835.98 889.51 685.65 662.00

500.44 564.86 683.59 767.89 801.08 655.50 484.44 576.12 704.12 733.36 918.74 684.35 680.69 664.72 529.33 728.70 767.72 659.83 590.48 558.69 693.70 847.55 842.99 679.78 615.00

433.05 624.43 702.52 778.92 849.69 692.92 423.09 559.16 643.62 713.89 825.83 648.70 654.79 687.76 697.20 765.97 779.38 713.55 594.95 607.75 674.65 842.69 890.81 687.32 571.00

424.55 632.94 708.66 764.60 838.31 696.61 511.13 579.88 695.11 725.64 861.70 697.31 669.44 700.93 721.92 792.22 748.40 719.89 532.28 601.44 656.58 768.07 693.24 641.06 626.00

465.38 523.13 675.68 780.26 803.54 638.57 483.96 413.94 741.46 750.28 871.55 645.08 676.99 657.08 457.64 753.35 748.88 637.66 532.28 494.79 640.62 758.12 695.49 599.0 626.00

434.37 632.83 707.78 757.38 864.03 698.68 470.58 587.90 667.94 750.53 872.36 692.86 660.99 691.79 705.72 850.93 764.09 720.57 536.70 596.52 672.79 739.45 791.66 654.2 626.00

561.11 730.95 792.76 920.04 678.54 449.00 645.47 723.56 686.32 798.35 722.51 452.49 544.05 705.18 829.30 781.23 621.70

524.05 806.43 812.51 971.41 658.55 450.50 684.74 806.39 700.61 828.77 763.72 488.15 452.96 681.58 798.21 687.96 561.99

568.50 768.35 806.01 951.41 693.07

475.88 744.27 798.49 983.55 583.59

564.84 756.85 817.07 906.69 696.33

550.07 745.15 847.25 906.91 697.02

735.41 849.78 755.24 920.88 805.62 508.55 673.85 770.79 880.47 908.98 744.65

715.00 849.19 754.36 921.59 795.95 421.50 468.50 646.58 824.04 664.12 566.37

556.34 710.33 789.59 925.99 659.20 460.00 669.57 758.25 752.30 938.65 752.35 441.44 504.82 653.50 826.38 689.35 588.65

566.79 734.30 797.15 922.10 670.71

662.72 841.39 575.36 675.11 673.44 457.41 615.53 524.99 909.63 794.26 634.66

565.23 754.87 793.22 926.24 683.89 445.00 638.01 712.34 687.03 790.48 708.78 419.09 666.89 638.34 850.90 799.26 681.10

737.17 848.10 752.30 920.88 808.20 505.00 688.78 752.32 839.90 877.67 746.15

737.04 845.28 752.61 921.06 804.33 511.58 715.53 744.15 834.81 877.76 752.08

720.74 833.75 752.13 929.32 796.52 265.82 469.20 622.88 821.76 645.20 560.25

560.83 893.20 850.14 997.40 727.10 466.50 667.34 739.49 765.87 935.22 729.56 666.68 702.20 727.69 788.48 869.34 740.86

623.25 676.75 726.75 862.50 683.35 499.38 612.25 697.20 736.15 854.89 694.99

682.61 676.75 726.75 862.50 700.43 498.88 646.63 737.38 720.35 860.32 712.64

682.61 676.75 726.75 862.50 700.43 554.38 643.24 724.32 743.81 864.29 719.00

682.61 676.75 726.75 862.50 700.43 506.40 637.33 714.22 745.39 863.65 714.22

682.61 676.75 726.75 862.50 700.43 510.63 629.95 714.59 749.36 908.12 715.43

862.50

237.50

537.50 796.11 662.50 787.50 896.00 987.50 1081.00 676.00 871.25 495.50 470.75 654.26 644.07 722.97 736.00 748.10 770.62 895.86 886.65 719.29 720.75

793.30

815.24

887.50 1087.50 868.12 491.10 610.88 699.50 741.50 893.45 695.51

896.00 1028.00 873.27 491.97 646.71 737.27 770.68 912.63 730.17

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

2009

1st

Efficiency One bedroom

2008

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

15

862.50 515.00 645.06 705.43 766.09 848.46 708.40

237.50 530.00 639.58 716.87 770.40 885.97 720.93

AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

265.00 519.09 606.19 705.85 782.05 650.84

575.85 610.16 709.25 781.83 692.75

316.75 608.51 642.23 706.33 815.73 661.13

237.50 540.54 653.29 724.63 794.03 670.45

237.50 552.84 761.78 763.24 869.38 710.21

237.50 549.86 653.66 717.56 731.16 575.72

237.50 538.82 646.32 701.76 704.27 581.07

635.60 661.73 697.83 724.11 665.03

632.57 653.85 693.07 747.00 658.04

262.50 563.92 664.39 723.07 744.88 582.90

612.32 659.95 674.68 665.67 644.63

615.39 651.41 806.93 895.63 711.91

614.54 663.43 618.36 751.96 653.76

262.50 542.90 666.83 816.00 906.46 653.47

262.50 554.18 676.31 627.16 821.05 607.26

572.49 670.66 837.59 912.58 704.89

262.50 581.59 679.30 653.43 787.71 623.01

505.14 596.78 662.50 690.53 611.41 362.50 543.91 519.60 625.00 551.67 545.43 366.07 418.49 529.95

516.02 637.20 787.50 704.20 633.65 462.50 447.05 533.99 561.42 726.67 490.16 362.50 384.68 533.41

461.79 628.22 517.60 691.10 613.94

502.97 632.05 522.09 702.91 592.73 428.89 395.24 464.52 499.17 625.11 448.26 390.70 435.85 427.50 545.00 620.00 478.38

458.46 631.60 517.60 701.51 618.66 477.00 533.77 661.09 730.70 791.09 628.45 419.50 423.27 428.07 587.50 594.64 490.96

518.54 665.84

489.01 619.35 514.10 719.23 602.32 495.00 476.35 522.29 594.92 691.84 552.58 403.41 645.51 487.50 612.50 687.50 630.02

509.03 600.07 558.24 710.18 602.84 495.00 479.01 516.03 594.92 562.18 513.72 425.00 645.51 497.50 612.50 687.50 631.33

501.66 632.18 522.19 718.05 609.85 510.00 470.22 509.42 564.73 583.45 514.43 416.41 682.14

637.50 506.37

504.51 628.22 507.04 691.10 587.56 400.94 392.85 504.98 495.65 692.47 508.06 397.70 436.33 449.17 545.00 620.00 480.86

515.94 647.34 533.34 710.31 604.39 477.00 437.23 491.73 543.19 683.03 518.40 423.86 442.76

637.13 532.07

509.61 628.22 522.35 682.88 603.20 462.50 417.59 504.85 488.40 559.21 492.37 409.87 438.97 487.50 537.50 612.50 486.38

527.87 674.34 522.19 749.87 625.88 375.00 431.16 536.89 594.92 579.86 489.17 417.94 493.25 548.61 625.69 676.27 546.00

512.17 674.34 522.19 749.87 634.24 510.00 497.40 525.05 594.92 570.39 526.75 425.30 499.01 562.50 638.06 683.16 553.14

535.20 674.34 522.19 749.87 628.71 459.38 457.55 534.62 632.83 567.71 497.26 427.05 660.93 497.50 619.00 703.00 644.82

492.79 577.95 600.40 561.22 554.07 535.83 629.89 517.08 550.25 282.00 526.83 465.93 482.14 569.53 538.01

492.05 575.07 589.60 687.21 569.11 410.45 485.52 555.36 571.56 635.78 525.83

587.50 662.50 510.04

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

16

512.26 633.68 525.48 705.32 597.93 455.32 526.10 594.92 756.12 562.98 423.86 625.29 492.50 587.50 662.50 611.44

775.81 663.03 490.00 452.36 489.03 549.14 692.96 531.40 423.86 459.15 487.50 612.50 687.50 526.25

601.00 683.00 666.47

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENTS BY SIZE OF BUILDING (In Dollars) 2007 Market Area All Colorado Metro Areas

Colorado Springs

2 to 8 9 to 50

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

637.17

736.14

648.34

630.68

663.99

701.01

680.96

610.34

706.00

656.59

680.76

576.39

669.50

519.25

497.50

522.50

497.50

570.31

614.25

605.11

604.87

545.35

603.51

595.33

634.35

585.39

557.14

638.76

507.63

561.81

651.86

656.15

514.47

687.60

51 to 99

656.17

663.51

638.88

692.47

601.21

668.16

641.16

687.34

628.11

582.74

702.43

602.55

596.40

690.29

698.94

567.76

690.12

100 to 199

684.78

700.90

679.28

669.25

630.13

661.49

626.21

657.09

637.92

604.24

708.21

636.89

657.58

693.55

684.11

648.03

676.11

200 to 349

752.51

744.27

721.00

733.83

747.27

710.32

727.67

703.75

717.79

671.36

702.83

717.18

734.51

703.39

717.91

730.90

727.78

350 up

653.07

542.53

542.53

777.57

764.54

770.68

676.75

776.37

725.59

726.01

743.43

701.19

731.33

730.43

782.99

756.89

739.17

694.27

1037.50

2 to 8

587.50

950.00

624.58

718.50

993.75

733.33

312.50

987.50

1025.00

9 to 50

547.78

536.12

546.46

555.80

605.29

555.95

559.34

616.68

590.29

484.29

578.34

429.02

581.22

580.14

589.07

295.76

657.90

51 to 99

589.27

615.74

450.56

493.45

420.99

445.98

437.18

457.86

449.98

442.43

470.53

472.95

485.46

472.80

474.20

450.77

480.83

100 to 199

657.13

634.57

748.14

200 to 349

776.39

625.76

447.64

777.22

777.22

761.72

645.43

753.90

635.96

507.77

819.12

1189.68

733.52

771.13

761.72

776.39

770.71

393.20

765.70

719.30

823.22

748.30

788.07

738.70

806.07

819.76

729.33

350 up

Denver Metro Area

2 to 8

648.78

787.50

657.27

642.40

661.77

690.12

680.02

672.86

682.54

673.69

639.70

687.50

812.50

1.00

9 to 50

621.18

676.89

640.00

641.10

513.37

652.28

621.36

658.99

579.85

563.33

705.78

479.40

527.75

730.47

732.04

548.66

751.89

51 to 99

710.25

686.60

665.51

732.89

623.75

720.93

676.49

717.10

650.19

586.95

751.32

615.31

602.28

749.18

741.55

558.45

755.03

100 to 199

Adams

715.77

714.41

716.97

702.47

632.69

704.06

670.79

656.36

611.14

697.21

610.65

651.04

699.04

708.58

624.81

744.27

716.45

730.46

746.24

710.32

724.32

697.07

707.33

716.49

697.55

715.14

726.30

701.69

702.99

713.85

725.01

542.53

542.53

777.57

764.54

770.68

676.75

776.37

725.59

726.01

743.43

701.19

731.33

730.43

782.99

756.89

739.17

753.94

925.00

2 to 8 9 to 50

695.25

753.72

51 to 99

568.10

708.33

716.67

229.44

812.31

668.01

822.05

362.50

237.50

878.00

156.44

375.58

761.92

840.53

156.44

539.25

571.59

538.41

783.89

793.20

533.71

576.64

576.32

712.06

591.07

577.85

544.72

544.72

100 to 199

726.50

676.47

644.35

667.95

672.99

697.30

200 to 349

720.49

698.00

752.07

720.88

750.09

752.27

2 to 8

656.95

647.69

660.45

753.42

645.69

697.94

699.01

656.88

728.99

769.69

723.33

658.54

662.18

657.22

632.82

919.84

667.87

654.96

684.71

657.22

639.93

653.29

627.06

701.19

651.97

657.22

667.08

654.96

792.91

729.99

785.64

778.63

793.68

759.81

1182.50

9 to 50

582.00

683.00

51 to 99

515.63

525.00

100 to 199

710.64

200 to 349

802.02

612.65

780.92

654.54

765.44

721.98

719.00

679.22

678.04

706.32

693.66

679.61

679.61

678.04

681.01

762.94

726.71

748.88

753.96

734.68

727.53

718.85

633.87

626.42

560.33

619.53

519.55

630.27

631.26

775.82 612.87

773.10 603.00

581.11

802.84

756.29

820.07

818.23

755.23

785.71

784.03

771.72

850.18

847.45

755.18

755.44

754.83

767.41

779.53

934.80 805.70

9 to 50

525.00

51 to 99

722.42

665.07

597.59

623.36

530.41

831.82

894.64

580.09 817.64

579.91

666.70

2 to 8

721.59 646.91

787.50

655.42

642.40

614.29

0.00

568.58

751.00

751.00

0.00

630.08

694.82

738.39

801.13

686.80

709.91

771.55

819.57

817.48

779.78

825.44

819.77

818.30

729.08

714.46

714.46

714.46

732.32

727.91

775.80

775.80

775.80

775.80

775.80

775.80

788.69

791.57

904.17

620.83

870.83

720.83

620.83

620.83

620.83

879.17

620.83

777.87

781.44

586.66

751.74

751.74

751.74

200 to 349 350 up

659.79

644.56

679.38

671.40

682.09

671.30

607.83

812.50

1.00

9 to 50

608.04

644.57

607.43

603.78

510.23

614.21

589.38

613.54

542.30

531.45

646.03

419.02

510.44

720.22

685.19

377.28

773.83

51 to 99

736.62

722.36

733.45

761.90

595.51

776.76

644.10

731.15

617.40

472.80

780.61

499.71

496.63

824.63

805.66

406.87

783.41

100 to 199

720.58

734.25

739.24

704.24

534.88

704.41

620.58

667.33

635.14

588.02

774.28

572.65

611.65

744.39

745.21

600.89

726.57

200 to 349

813.59

730.63

611.13

731.29

732.60

579.09

684.17

684.63

661.50

649.41

591.37

690.35

699.04

622.05

717.61

697.55

664.57

790.53

785.13

771.08

350 up

Douglas

674.22

2 to 8

100 to 199

Denver

641.40 645.14 661.71

350 up

Boulder/ Broofield

691.48

750.06 653.07

350 up

Arapahoe

665.10

200 to 349 350 up

997.79

2 to 8 9 to 50

862.50

823.82

837.50

812.50

862.50

862.50

862.50

862.50

862.50

237.50

51 to 99

887.50

887.50

887.50

865.67

861.46

868.38

100 to 199 200 to 349

824.20

824.20

824.20

824.20

824.13

842.27 683.35

683.35

683.35

683.35

687.50

687.50

687.50

687.50

687.50

700.00

687.50

687.50

350 up

Jefferson

2 to 8

675.00

681.25

9 to 50 51 to 99

683.35

676.00

681.71

673.21

590.88

641.45

628.77

648.40

613.36

654.21

659.02

634.76

623.14

611.58

631.23

581.39

567.44

628.76

635.69

546.82

623.76

676.70

675.32

677.79

643.04

662.17

658.61

696.63

689.19

659.93

668.37

100 to 199

683.27

669.59

693.98

677.32

696.03

642.01

668.72

723.87

706.60

694.21

730.94

739.88

739.14

729.71

758.14

664.74

200 to 349

709.42

778.28

686.07

671.80

701.73

702.15

705.07

687.18

720.43

714.95

700.03

703.43

703.78

704.61

698.83

716.26

733.71

350 up

582.74

542.53

542.53

777.57

750.86

759.72

775.98

782.98

780.38

780.35

780.35

780.35

780.35

780.28

746.73

740.50

17

761.51

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENTS BY SIZE OF BUILDING (In Dollars) 2007 Market Area Fort Collins/ Loveland

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

4th

2nd

3rd

4th

1st

2nd

3rd

4th

1st

9 to 50

551.37

520.47

599.73

618.04

675.76

612.50

630.23

633.41

632.19

637.61

655.78

645.49

664.75

607.35

645.61

604.21

705.28

51 to 99

587.44

617.76

630.86

643.85

652.80

616.03

676.81

657.17

667.90

624.80

626.20

628.97

632.03

688.93

629.89

633.79

100 to 199

675.74

730.87

668.40

679.02

715.60

511.49

545.47

665.76

680.00

487.60

696.67

878.59

684.19

692.09

554.59

892.84

583.08

843.70

848.45

675.90

675.90

675.90

675.90

672.59

677.30

682.73

885.48

700.63

626.52

2 to 8

200 to 349 350 up

Grand Junction 2 to 8

412.50

9 to 50

699.47

746.66

746.66

746.66

51 to 99

546.44

581.68

582.53

574.01

565.00

549.64

557.83

584.99

567.89

564.38

620.43

573.19

589.36

582.18

573.78

582.18

583.18

100 to 199

580.36

581.71

637.00

637.00

637.00

637.00

637.00

637.00

659.86

637.00

659.86

604.57

604.57

614.43

693.21

679.50

679.50

9 to 50

528.10

577.50

583.09

563.65

248.78

496.61

541.09

558.62

593.77

836.00

470.00

467.63

449.87

479.47

51 to 99

432.50

200 to 349 350 up

Greeley

2 to 8

100 to 199

503.61

200 to 349

768.75

505.34

465.71

570.41

512.32

510.55

427.79

647.79

461.68

507.85

563.64

578.38

497.50

477.50

503.27

536.84

518.14 446.31

536.84

806.25

545.63

517.89

552.66

518.52

500.00

350 up

Pueblo

2 to 8

551.79

544.50

481.67

479.17

487.50

495.83

487.50

487.50

9 to 50

493.04

382.20

366.67

541.50

366.67

384.38

376.17

396.09

362.50

51 to 99

578.64

100 to 199

537.50

610.70

553.90

516.77

518.79

520.41

520.41

512.68

546.21

200 to 349

492.50

487.50

487.50

497.50

368.75

368.13

368.13

368.75

546.21

568.31

712.50

350 up

18

497.50

522.50

497.50

368.75

563.66

563.66

368.75

536.21

547.33

565.40

568.31

564.66

735.00

735.00

735.00

580.53 753.00

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENT BY AGE OF BUILDING (In Dollars) Market Area All Colorado Metro Areas

Colorado Springs

Denver Metro Area

Adams

Arapahoe

Boulder/Broomfield

Denver

Douglas

Jefferson

Age of Building To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+ To 1959 1960-69 1970-79 1980-89 1990-99 2000-04 2005+

2007 1st

576.94 625.56 602.71 665.48 711.99 746.73 721.63 490.00 439.25 600.70 693.25 748.64 579.54 625.56 646.83 703.29 775.65 786.35 721.63 551.30 512.50 706.55 657.10 798.43 735.33

497.28 737.50 756.02 830.02 638.22

525.00

721.74 604.58 577.39 693.09 701.90 819.04 734.49 728.32

2nd

2008 3rd

4th

1st

2nd 3rd

2010

2nd

3rd

4th

1st

2nd

3rd

4th

1st

581.73 620.07 665.44 711.26 729.05 740.48 663.33 320.75 312.50 468.03 702.04

576.66 623.01 657.91 587.71 697.15 713.54 659.96 336.19 387.50 525.95 599.75

544.89 625.92 640.63 506.00 692.57 669.15 628.54 337.50 462.50 452.25 497.37

617.10 632.13 670.50 687.66 752.58 784.42 678.80 301.55 362.50 526.22 633.93

626.34 617.31 647.83 552.85 706.60 759.75 646.63 509.59 362.50 510.05 633.54

613.36 629.55 656.23 693.06 734.96 786.02 698.26 265.36

622.77 642.28 661.43 714.28 752.64 745.52 687.96

651.45 573.81 639.22 454.64

496.57

346.18

646.90 580.36 660.95 705.58 777.87 760.10 661.40 339.52

566.19 605.99 616.33 533.18 643.65 645.33 690.15 506.26 719.99 671.92 764.74 760.14 731.29 730.28 419.42 1113.60 387.50 481.25 452.39 451.97 614.15 615.73 506.00 506.00 780.25 765.61

590.45 521.28 640.54 696.26 733.59 717.97 669.96 375.22 362.50 463.07 605.66 794.71

759.39

779.38

772.65

467.62 1060.36

649.77 596.58 628.83 515.77 669.46 773.50 637.75 342.00 387.50 514.47 418.73 592.91 802.00

553.89 642.47 650.87 708.78 755.69 831.33 777.23 551.30 659.32 631.99 878.00 654.60 820.45 782.01

555.90 646.41 622.39 722.30 752.71 812.06 772.59

569.92 645.18 688.65 727.09 748.84 816.28 752.55

585.00 607.35 677.72 467.19 686.32 794.05 746.60

597.58 613.57 683.76 709.28 773.17 765.17 681.07

526.64 635.44 708.83 579.73 734.46 730.33 650.22

581.34 674.69 692.67 713.83 747.28 756.41 680.56

574.62 663.23 671.29 574.75 714.21 742.49 675.25

539.64 671.94 662.15 489.61 702.77 752.56 640.86

621.01 655.23 695.50 687.23 777.99 733.44 696.97

661.91 695.00 639.11 508.77 722.34 757.93 654.69

659.32 615.20 740.07 672.60 795.01 782.01

658.03 614.18 878.00 621.36 698.79 747.72 741.53

613.32 601.49 617.56 768.38 733.57

693.94 693.77 508.33 790.21 629.20 694.64

697.09 798.29

635.41 670.79

638.88 659.20

597.18 632.08 714.77

678.80 614.79 672.29

689.06 633.18 691.91

609.36 670.37 99.68

667.25 811.36 749.32 849.85 639.49

584.75 630.39 750.84 854.77 661.56

617.16 744.21 730.20 769.44 736.30 672.00 1182.50 693.77 609.85 768.97 821.44 700.70

693.65 653.47 768.59 818.41 695.13

585.98 511.13 763.96 818.36 728.94

560.76 547.84 741.50 801.44 711.86

564.36 555.73 753.34 870.18 737.27

627.50 670.49 604.36 727.91 748.76 876.25 570.39 658.21 613.59 502.85 725.61 779.55 616.69

799.00 612.63 804.20 750.20 984.03 618.52 664.07 574.77 315.66 662.68 737.77 480.46

627.83 801.14 738.19 820.45 639.49

588.13 588.13 640.43 467.75 628.53 570.67 697.07 747.50 722.95 603.50 556.13 555.06 621.50 579.09 691.95 638.80 704.23 724.53 790.72 802.63 1068.82 1063.00 821.96 812.17

799.00

842.80 565.21 613.56 707.69 710.84 803.44 842.24 776.84

596.88 667.98 574.68 714.46 770.28 847.08 584.19 612.42 649.13 332.70 662.65 752.33 758.34

458.55 226.06

683.63

683.63

825.95

807.23

824.95

633.21 680.69 664.72 529.33 728.70 767.72 662.32

623.44 654.79 687.76 697.20 765.97 779.38 722.25

638.19

664.08

669.44

676.99

700.93

657.08

721.92

457.64

617.01 658.53

612.25 620.38 715.66

658.68

665.88 657.76

599.50 670.37 737.50

746.37 670.46 800.12

758.38 670.37 739.29

572.49 523.50 737.22 858.13 741.39

305.29 523.07

748.40

748.88

706.64

588.99

608.30 716.54

609.47 569.22

625.49 696.89

837.67 645.45 749.59

653.60

695.30

585.70

585.70

635.02 675.64

810.88

774.29

589.22 549.71 724.24 775.41 690.23

569.34

308.65

378.62

393.29

741.22

771.07

777.81 690.13

580.87 544.79 701.45 775.76 691.57

807.89

831.92

673.68

693.13

799.00

787.50

621.38 678.50

800.00

799.00

799.00

805.75 736.90 918.50 615.66 801.80 709.97 724.07 872.80 758.05 646.90

805.75 708.70 920.23 652.66 762.50 563.37 383.93 700.95 789.56 533.38

820.33 705.92 972.23 627.19 715.70 572.28 445.36 721.77 829.74 539.82

814.14 737.54 918.50 615.58 713.20 684.21 741.34 861.31 806.74 738.25

805.75

817.68

737.54

699.36

914.23

905.83

628.40

657.59

703.20

700.00

745.79

584.93

760.99

416.08

847.38

712.85

815.09

785.13

694.66

541.57

237.50

862.50 683.35

862.50 683.35

862.50 683.35

862.50 683.35

862.50

683.35

687.50 749.11 714.34

687.50 684.65 726.25

700.00 684.44 720.01

687.50 682.68 722.02

687.50 688.57 707.14

686.61 722.94

614.22 700.82 748.13

668.55 700.79 716.54

668.55 705.26 716.54

660.87 672.26

713.71 732.14

709.93 723.50

837.50

812.50

824.20

824.13

842.27

675.00 646.90 665.32

681.25 676.34 640.60

687.50

687.50

657.18

708.02

764.16

764.16

711.15

704.11 701.00 713.49 681.71

640.95 541.74 583.62

687.50 627.50 711.86 537.50 632.88 624.21 623.82

Rents are based on the units being unfurnished with tenants paying gas and electricity. Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

19

582.80 683.53 662.92 832.86 660.30 660.99 691.79 705.72 850.93 764.09 674.89

714.46 614.24 899.78 521.34 642.96 704.17 516.53 799.32 849.84 594.21

823.82

646.83 694.36 707.00 722.09

412.50

638.35

714.46 773.69 948.55 594.37 559.41 647.93 718.38 811.69 690.14 636.11

824.20

589.92

527.01

799.00

862.50

770.02

387.50

615.00 648.35 683.04 706.87 746.85 739.99 577.51 648.70 705.11 727.02 811.37 846.66 630.85

824.20

730.10

519.66 639.23 683.14 811.28

600.00 668.79

824.20

2011

1st

550.54 577.44 613.39 620.05 634.04 590.13 690.16 705.38 716.35 705.95 778.17 771.61 777.23 772.59 489.33 1447.28 823.42 459.48 433.99 614.25 603.50 440.00 122.00 760.97 771.07

483.84 793.18 765.55 834.63 639.49

533.97 577.41 655.50 596.90 717.14 689.23 635.85 446.65 337.50 458.55 618.01

2009 4th

792.22

753.35

887.50

887.50

676.00

865.67

861.46

766.25 720.05 687.50 626.30 713.65 735.98

688.57

674.80

725.99

709.77

642.00

642.00

712.25

668.52

723.72

583.62

291.91 533.23 866.69 910.71 694.59 626.66 681.31 608.71 816.98 737.82 921.62 660.30 700.00 708.89 769.44 845.79 805.47 624.65

887.50 868.38

612.50

670.36 735.70

719.17 710.95

2nd

3rd

4th

AFFORDABLE HOUSING AVERAGE RENT BY AGE OF BUILDING (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

2007

Age of

2008

2009

2010

2011

Building

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

To 1959

566.79

587.38

599.73

618.04

650.85

617.29

665.69

668.88

678.87

687.60

684.47

690.47

687.13

685.00

687.21

687.21

690.77

557.63

558.46

505.75

613.68

377.72

370.68

363.21

435.70

483.37

625.19

618.65

452.48

605.33

599.34

614.76

470.96

448.82

575.23

516.65

1990-99

611.31

631.92

643.63

666.77

674.24

710.26

687.70

670.20

685.99

687.12

687.12

696.52

695.54

709.28

709.28

721.42

2000-04

730.27

732.15

759.91

757.45

679.96

559.72

688.98

890.98

649.33

893.32

662.50

890.18

672.29

610.27

624.71

703.57

643.43

1960-69 1970-79 1980-89 808.29

2005+

Grand Junction

610.27

621.82

To 1959

412.50

1960-69 1970-79

580.36

581.71

637.00

637.00

637.00

579.53

575.63

637.00

599.36

585.89

599.36

566.77

564.02

582.85

629.29

621.21

621.21

1980-89

577.62

687.96

689.28

689.28

689.28

689.28

707.34

707.34

707.34

707.34

764.67

735.68

735.68

735.68

764.63

764.63

764.63

1990-99

501.00

515.00

517.08

533.55

548.37

540.87

552.67

527.50

551.94

552.65

548.13

565.63

546.00

540.93

546.00

570.73

529.73

529.73

2000-04 2005+

Greeley

523.36

To 1959

530.15

510.32

523.36

523.36

521.24

538.62

530.15

545.56

535.56

552.56

535.76

310.16

398.45

525.96

549.86

529.73

557.69

550.38

550.38

556.15

497.50

477.50

529.73

529.73

556.15

556.15

1960-69 1970-79

432.50

430.47

1980-89

547.16

625.51

1990-99

633.21

464.35

2000-04

503.61

505.34

467.82

458.68

422.48

437.50

437.50

437.50

437.50

462.50

824.00

618.39

598.43

453.13

717.17

836.00

649.00

836.00

443.75

465.63

465.63

654.86

400.85

446.80

647.79

461.68

437.50

437.50

836.00

442.97

446.31

854.00

854.00

466.53

455.11

445.12

469.35

454.89

456.82

507.85

503.27

536.84

536.84

545.63

517.89

552.66

518.52

462.50

450.00

450.00

462.50

450.00

450.00

462.50

450.00

501.67

2005+

Pueblo

To 1959

363.13

363.13

363.13

361.88

363.75

363.82

363.82

362.50

363.82

363.82

363.82

363.82

364.47

363.82

363.16

364.47

536.39

576.48

552.21

516.38

518.20

506.60

502.75

507.04

546.21

638.26

565.78

658.96

660.35

687.77

535.55

546.90

675.4

1990-99

416.45

630.00

716.67

716.67

716.67

2000-04

552.50

577.93

607.72

607.72

1960-69 1970-79 1980-89

2005+

Rents are based on the units being unfurnished with tenants paying gas and electricity. Average rents do not reflect " rental losses" from discounts/concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

20

2nd

3rd

4th

AFFORDABLE HOUSING MEDIAN RENT BY MARKET AREA (In Dollars) 2007

Market Area

1st

2nd

2008

3rd

4th

1st

2nd

2009

3rd

4th

1st

2nd

2010

3rd

4th

1st

2nd

2011

3rd

4th

1st

All Colorado Metro Areas

673.77

679.38

658.67

682.47

688.00

682.11

656.10

685.08

671.89

678.17

684.18

679.64

678.99

692.17

696.58

680.72

699.50

Colorado Springs

646.89

509.77

602.88

602.96

621.00

488.74

689.40

604.04

621.67

474.40

645.50

678.03

721.84

687.52

728.21

737.10

698.03

Denver Metro Area Adams Arapahoe Boulder/Broomfield Denver Douglas Jefferson

708.99 694.90 749.68 777.26 714.14 877.52 657.79

698.01 670.60 761.86 651.21 731.30 866.64 649.55

674.35 696.25 735.63 582.40 707.11 879.49 642.18

706.07 684.13 747.21 789.78 718.59 842.92 645.45

702.95 674.33 755.63 761.56 683.15 821.00 701.64

706.96 740.11 724.15 776.26 687.56 902.52 690.16

683.20 664.90 740.12 632.67 663.99 681.68 671.90

699.88 690.76 724.36 694.04 698.85 688.63 694.82

685.30 667.41 690.17 725.00 653.91 688.63 709.43

686.56 641.28 692.30 776.19 673.42 688.63 708.66

693.23 644.37 733.10 788.29 723.83 688.63 680.29

683.26 666.27 655.59 788.30 669.43 863.00 702.31

686.25 671.63 680.76 768.37 677.56 238.00 696.57

702.89 665.31 690.15 787.85 735.47 664.56 705.23

713.58 635.03 738.13 787.85 741.82 885.37 699.36

687.57 628.46 724.38 790.87 678.32 885.37 689.58

712.66 647.99 805.00 704.27 727.61 885.37 716.31

Fort Collins/Loveland Fort Collins Loveland

655.52

677.57

669.92

682.58

749.37

647.98

649.83

670.94

659.65

648.85

676.47

684.91

668.52

669.20

668.69

677.58 691.96 665.23

673.52 721.45 612.37

Grand Junction

582.21

593.83

635.11

631.19

626.26

572.00

584.50

636.17

583.50

587.29

665.50

610.25

594.90

610.25

624.50

640.86

608.50

Greeley

516.27

591.53

463.72

578.71

439.82

441.80

413.23

640.05

483.00

510.00

499.20

518.56

513.00

513.69

466.07

532.00

465.29

Pueblo

535.52

554.16

536.11

515.48

491.10

487.05

486.88

487.03

491.93

701.12

515.71

726.12

726.12

732.21

518.51

520.59

751.06

21

2nd

3rd

4th

AFFORDABLE HOUSING MEDIAN RENT BY APARTMENT TYPE (In Dollars) Market Area All Colorado Metro Areas

Colorado Springs

2007 Apartment Type

Adams

Arapahoe

Boulder/ Broomfield

Denver

Douglas

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

426.36

354.00

397.80

409.57

421.00

391.09

433.73

500.00

464.71

505.80

483.64

505.40

425.00

396.38

513.69

443.20

One bedroom

626.19

628.97

599.12

630.51

596.34

611.92

599.16

632.41

601.52

611.35

626.82

587.86

603.10

645.26

646.06

581.78

629.94

Two bed, one bath

643.79

640.84

653.38

665.80

679.79

685.96

664.56

696.45

691.47

689.87

689.20

685.97

688.75

686.30

698.63

693.53

703.17

Two bed, two bath

721.86

801.33

738.38

721.61

725.00

766.48

736.69

756.57

742.15

740.20

746.07

743.42

762.24

780.41

770.12

773.61

770.68

Three bedroom

801.82

831.11

829.60

836.29

830.94

837.26

823.45

833.20

833.85

823.96

889.11

858.14

862.68

874.31

847.22

845.30

All

673.77

679.38

658.67

682.47

688.00

682.11

656.10

685.08

671.89

678.17

684.18

679.64

678.99

692.17

696.58

680.72

699.50

Efficiency

461.29

432.97

166.94

506.42

515.71

339.71

339.00

344.86

338.00

339.00

314.00

405.20

346.00

270.00

395.00

346.00

445.20

One bedroom

578.81

461.34

466.31

469.49

459.90

445.20

466.07

457.62

480.80

436.75

501.41

453.85

532.00

498.53

590.00

436.15

529.50

Two bed, one bath Two bed, two bath

747.00 675.00

536.00 808.88

777.10 580.24

781.20 497.00

499.67 710.93

497.80 542.59

656.70 714.24

690.40 614.50

741.00 707.97

206.25 714.97

560.56 711.16

719.00 707.48

738.15 877.11

645.50 708.43

720.33 734.79

808.13 763.93

623.24 784.79

892.36

911.50

910.25

838.14

869.00

828.18

911.50

873.23

857.14

863.95

869.14

919.22

846.79

861.68

890.32

897.04

901.68

All

646.89

509.77

602.88

602.96

621.00

488.74

689.40

604.04

621.67

474.40

645.50

678.03

721.84

687.52

728.21

737.10

698.03

Efficiency

403.67

399.84

422.60

438.00

439.71

486.24

428.18

437.56

576.91

528.18

525.00

605.62

518.60

496.40

497.68

526.78

530.68

One bedroom

645.25

646.99

626.56

643.72

614.62

628.24

624.39

640.38

612.95

617.54

634.24

601.21

605.75

652.36

668.56

609.51

639.99

Two bed, one bath

716.00

679.17

666.35

677.57

703.03

707.87

678.70

715.79

702.98

708.60

702.00

692.89

697.19

695.01

715.04

697.36

719.61

Two bed, two bath

752.01

810.16

765.29

750.00

772.11

787.38

754.52

766.78

765.16

758.03

780.74

778.49

795.35

789.87

802.54

786.96

780.89

Three bedroom

843.90

858.96

845.96

880.43

846.75

858.16

845.47

852.70

835.42

848.43

910.60

877.33

887.39

897.28

884.70

876.72

All

708.99

698.01

674.35

706.07

702.95

706.96

683.20

699.88

685.30

686.56

693.23

683.26

686.25

702.89

713.58

687.57

712.66

Efficiency

388.00

388.63

585.08

463.00

585.73

585.73

463.00

487.71

612.43

610.73

610.73

610.41

609.76

609.76

537.71

537.71

535.73

One bedroom

552.20

581.74

623.19

595.56

549.49

623.14

568.75

589.39

567.86

924.56

579.25

563.14

586.56

556.88

569.12

588.00

547.06

571.79

Two bed, one bath

619.81

638.47

642.14

646.84

624.42

690.31

649.09

696.31

707.33

656.02

655.85

672.82

669.31

665.16

647.46

641.80

667.42

Two bed, two bath

803.33

805.54

815.72

712.60

815.09

816.23

887.91

790.97

815.30

826.52

826.52

835.65

843.74

836.00

763.49

762.51

752.04

Three bedroom

846.54

880.54

838.29

882.00

834.69

849.19

845.76

836.59

808.64

789.20

697.77

878.63

800.00

823.91

687.00

687.00

796.40

All Efficiency

694.90 325.00

670.60 350.00

696.25 563.00

684.13 563.00

674.33 563.00

740.11 563.00

664.90 588.00

690.76 563.00

667.41 563.00

641.28 638.00

644.37 613.00

666.27 663.00

671.6 613.00

665.3 563.00

635.03 638.00

628.46 638.00

647.99 638.00

One bedroom

637.31

640.59

639.00

681.28

639.93

599.40

634.97

608.61

616.00

611.36

605.90

527.35

626.75

630.85

676.53

657.14

Two bed, one bath

756.00

781.74

689.31

731.79

774.61

766.12

802.50

802.36

752.41

766.91

752.41

787.47

697.10

767.67

770.33

733.86

981.63

Two bed, two bath

773.25

828.40

755.15

832.30

764.63

780.34

757.00

768.42

785.41

783.68

778.07

785.51

785.25

787.57

801.78

822.75

817.54

Three bedroom

993.00

940.48

1006.09

891.82

903.75

914.17

913.00

845.32

848.33

All

749.68

680.76

690.15

738.13

724.38

Efficiency

869.71

874.57

761.86

735.63

747.21

413.00

438.00

873.74

884.18

755.63

724.15

740.12

455.00

438.00

920.09

917.66

1021.00

724.36

690.17

692.30

733.10

655.59

438.00

460.00

459.00

463.00

605.36

944.96 805.00 463.00

One bedroom

649.29

585.50

510.81

788.00

657.50

680.63

665.25

615.67

635.78

664.78

778.22

777.93

664.50

777.63

777.63

777.73

661.94

Two bed, one bath

808.06

631.81

630.65

721.00

663.69

621.00

816.00

673.36

713.69

774.50

822.00

812.10

802.14

812.10

812.10

811.20

715.00

Two bed, two bath

638.00

663.00

757.12

757.12

559.52

684.76

685.38

685.71

761.40

761.00

760.60

760.60

760.60

785.60

Three bedroom

787.50

700.00

1263.00

1030.00

812.70

813.19

615.07

790.29

795.20

795.20

889.85

889.85

892.36

889.85

889.85

913.00

913.00

All

777.26

651.21

582.40

789.78

761.56

776.26

632.67

694.04

725.00

776.19

788.29

788.30

768.37

787.85

787.85

790.87

704.27

Efficiency

414.33

538.00

389.32

399.23

394.26

446.35

397.16

393.73

487.43

493.50

489.14

538.00

389.37

395.54

395.46

213.75

638.86

One bedroom

672.00

693.35

690.72

689.72

589.53

641.23

642.30

688.05

574.69

622.40

680.24

488.00

543.56

690.17

697.12

602.96

687.79

Two bed, one bath

772.60

699.32

727.66

735.54

734.38

699.32

566.23

689.15

692.64

707.46

742.41

701.49

712.87

738.72

738.00

709.10

728.16

Two bed, two bath

806.83

817.90

813.81

809.88

807.61

811.38

953.05

827.55

773.93

783.50

928.22

745.85

852.00

840.59

823.09

843.73

790.74

Three bedroom

847.86

833.35

838.32

881.85

836.00

848.15

822.21

831.22

799.49

814.09

907.51

853.00

823.71

896.08

903.82

811.00

910.39

All

714.14

731.30

707.11

718.59

683.15

687.56

663.99

698.85

653.91

673.42

723.83

669.43

677.56

735.47

741.82

678.32

727.61

734.89

742.22

742.22

742.22

742.22

759.89

622.05

631.30

631.30

631.30

631.30

863.00

238.00

538.00

748.56

748.56

749.00

678.95

678.95

678.95

678.95

678.95

663.00

884.81

884.81

881.77

884.81

884.81

909.81

728.95

728.95

728.95

728.95

728.95

788.00

888.00

888.00

888.00 1038.00

785.60

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Jefferson

2010

4th

392.49

905.50

2nd

2009

3rd

Efficiency

Three bedroom

Denver Metro Area

1st

2008

1010.23

1,010.23

1010.23

1010.23

1010.23

1035.23

863.00

863.00

863.00

863.00

863.00

988.00

1088.00

1088.00

All

877.52

866.64

879.49

842.92

821.00

902.52

681.68

688.63

688.63

688.63

688.63

863.00

238.00

664.56

885.37

885.37

885.37

Efficiency

538.00

538.00

561.40

514.60

514.60

559.00

512.20

512.20

584.00

514.44

514.44

496.00

517.00

487.20

487.20

512.20

511.56

One bedroom

558.89

567.43

567.63

594.14

616.88

602.92

618.18

639.93

635.83

633.11

628.67

623.59

632.34

660.85

635.85

605.87

633.30

Two bed, one bath

648.27

690.00

657.58

659.18

699.38

711.71

709.62

733.40

711.99

714.38

696.47

690.53

696.70

698.59

694.81

691.08

Two bed, two bath

663.64

673.86

668.76

709.00

718.60

714.11

720.84

736.43

720.84

724.33

801.66

751.97

762.68

721.41

787.68

723.00

765.22

Three bedroom

816.00

777.00

810.39

842.27

863.00

868.69

879.34

888.56

880.30

888.52

930.13

843.00

903.33

893.01

901.20

911.78

936.37

All

657.79

649.55

642.18

645.45

701.64

690.16

671.90

694.82

709.43

708.66

680.29

702.31

696.57

705.23

699.36

689.58

716.31

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

22

722.23

2nd

3rd

4th

AFFORDABLE HOUSING MEDIAN RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

263.00 558.20 609.53 691.26 801.82 655.52

600.00 628.92 692.46 831.11 677.57

313.00 612.84 635.54 695.02 829.60 669.92

238.00 617.50 656.46 713.62 836.29 682.58

238.00 631.76 670.20 723.11 830.94 749.37

238.00 624.50 662.16 714.97 837.26 647.98

238.00 630.13 663.69 739.36 823.45 649.83

654.00 676.44 712.53 833.20 670.94

641.71 658.66 688.00 833.85 659.65

263.00 634.29 677.21 721.25 823.96 648.85

638.36 681.49 710.75 889.11 676.47

638.94 679.30 744.55 858.14 684.91

639.31 674.86 554.60 862.68 668.52

263.00 520.18 680.03 747.78 874.31 669.20

263.00 647.00 684.69 546.10 847.22 668.69

521.88 678.90 772.78 845.30 677.58

263.00 635.82 702.74 598.20 897.04 673.52

509.75 586.50 663.00 641.23 593.83 363.00 602.48 519.00 613.00 582.00 591.53 365.00 374.67 558.26

516.25 636.50 788.00 646.52 635.11 463.00 457.88 554.00 521.57 806.14 463.72 363.00 372.26 537.05

447.60 634.17 536.56 645.83 631.19

494.56 634.17 537.04 670.83 584.50 478.40 388.46 422.75 490.25 522.38 413.23 408.33 479.15 416.00 538.00 613.00 486.88

447.60 634.17 536.56 670.83 636.17 488.00 580.50 731.25 760.75 883.50 640.05 433.33 441.27 417.74 588.00 548.11 487.03

515.46 661.50

506.86 613.13 511.08 687.48 610.25 488.00 507.71 506.14 546.57 644.00 518.56 410.33 732.24 488.00 613.00 688.00 726.12

523.80 607.20 577.44 682.25 594.90 488.00 509.12 507.86 546.57 554.43 513.00 435.33 732.24 505.00 613.00 688.00 726.12

529.90 613.13 536.08 687.48 610.25 513.00 505.59 489.33 554.43 569.00 513.69 435.33 735.12

638.00 536.11

494.56 634.17 536.08 645.83 572.00 455.80 376.71 580.62 397.00 783.82 441.80 408.33 479.15 441.00 538.00 613.00 487.05

519.00 659.17 561.62 670.83 583.50 488.00 435.00 422.25 492.13 632.00 483.00 435.33 481.31

638.00 554.16

551.61 634.17 537.04 645.83 626.26 463.00 377.41 577.77 422.00 776.18 439.82 412.33 479.93 488.00 538.00 613.00 491.10

536.10 684.17 536.08 695.83 624.50 363.00 444.21 521.57 546.57 554.43 466.07 435.00 506.55 521.00 617.91 688.38 518.51

534.70 684.17 536.08 695.83 640.86 513.00 532.57 513.00 546.57 545.20 532.00 435.00 512.38 604.00 617.91 713.38 520.59

543.55 684.17 536.08 695.83 608.50 505.80 444.83 511.29 621.57 545.20 465.29 435.33 757.21 496.00 613.00 713.00 751.1

509.75 585.17 592.17 582.21 522.23 470.58 613.00 467.94 516.27 288.00 536.36 480.00 475.00 580.88 535.52

531.87 584.50 587.33 711.55 578.71 413.00 505.46 604.00 540.73 613.38 515.48

588.00 663.00 491.93

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

23

519.56 634.17 536.56 670.83 587.29 459.82 533.20 546.57 831.14 510.00 435.33 707.24 491.00 588.00 663.00 701.12

741.23 665.50 488.00 460.53 469.75 523.00 644.00 499.20 435.33 505.92 488.00 613.00 688.00 515.71

613.00 688.00 732.21

2nd

3rd

4th

AFFORDABLE HOUSING RENT PER SQUARE FOOT BY APARTMENT TYPE AND COUNTY (In Dollars) 2007 Market Area All Colorado Metro Areas

Apartment Type

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Colorado Efficiency Springs One bedroom Two bed, one bath Two bed, two bath Three bedroom All Denver Metro Efficiency Area One bedroom Two bed, one bath Two bed, two bath Three bedroom All Adams Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Arapahoe Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Boulder/ Efficiency Broomfield One bedroom Two bed, one bath Two bed, two bath Three bedroom All Denver Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Douglas Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Jefferson Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2008

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

3.42 1.26 1.65 0.76 0.70 1.18 0.71 0.96 0.76 0.68 0.76 0.84 4.62 1.35 2.18 0.78 0.73 1.31 0.83 0.97 0.81 0.78 0.74 0.83 1.00 0.94 0.83 0.85 0.85 0.88

1.02 0.99 0.80 0.77 0.71 0.87 0.48 0.96 0.75 0.70 0.77 0.83 1.29 1.02 0.82 0.79 0.72 0.89 1.12 1.02 0.83 0.85 0.70 0.89 1.10 0.92 0.84 0.81 0.81 0.85 1.13 0.89 0.77

3.25 1.40 1.85 1.34 0.74 1.43 1.92 1.03 0.81 0.61 0.78 0.95 4.77 1.52 2.13 1.55 0.78 1.62 1.26 1.00 0.81 0.71 0.67 0.85 1.10 0.93 0.85 0.85 0.85 0.87

1.27

3.32

1.16

1.04

1.16

0.98

0.94

1.00

0.90

0.89

0.99

1.01

0.85

0.92

1.03

1.04

0.85

1.03

0.83

1.16

0.86

0.82

0.82

0.85

0.86

0.83

1.00

1.25

1.33

0.81

0.82

0.82

0.81

0.82

0.82

0.81

1.34

1.38

0.85

0.73

0.72

0.76

0.77

0.71

0.78

1.01

1.19

0.92

0.82

0.85

0.91

0.92

0.82

0.95

0.81

1.03

1.02

1.02

1.03

0.94

0.77 0.80 5.58 2.24 4.83 4.06 0.80 3.01

1.00 0.97 0.82 0.79 0.75 0.86 0.76 0.95 0.65 0.71 0.69 0.83 1.21 1.01 0.84 0.82 0.76 0.89 1.13 1.00 0.83 0.89 0.75 0.91 1.09 0.99 0.89 0.83 0.82 0.91 1.33 1.00 0.87 0.76 0.69 0.80 1.32 1.09 0.82 0.83 0.76 0.95

1.16 1.00 0.82 1.33 1.40 1.07

1.25 0.84 1.40 1.17 0.84 0.83 0.68 1.01

1.10 1.17 1.82 0.77 0.72 1.11 1.96 0.97 0.61 0.77 0.76 0.90 1.23 1.25 2.05 0.80 0.75 1.22 1.14 0.79 0.82 0.85 0.72 0.80 1.10 0.91 0.89 0.80 0.85 0.86 1.16 0.95 0.83 0.75 0.68 0.79 1.33 1.80 4.06 0.84 0.77 2.12

1.02 0.97 0.78 0.78 0.73 0.85

0.65 0.65 0.68 6.71 2.12 5.13 0.85 0.74 2.76

1.29 1.02 0.82 0.80 0.70 0.89 1.71 1.03 0.63 0.54 0.62 0.97 1.25 1.03 0.84 0.82 0.74 0.91 0.85 0.95 0.82 0.81 0.72 0.85 1.05 0.92 0.87 0.82 0.82 0.86 1.11 0.86 0.75 0.78 0.69 0.79 1.37 1.16 0.85 0.89 0.67 1.04

0.96

1.18

1.27

1.17

1.15

0.97

0.81 0.77 0.85 1.07 0.84 0.80 0.72 0.72 0.78

0.81 0.77 0.96 1.15 0.89 0.86 0.75 0.70 0.82

0.81 0.77 1.00 1.11 0.85 0.78 0.70 0.68 0.79

0.81 0.77 0.96 1.05 0.93 0.78 0.76 0.73 0.82

0.81 0.77 0.95 1.05 0.94 0.82 0.76 0.73 0.84

0.83 0.79 0.87 1.05 0.92 0.83 0.77 0.75 0.84

0.87

0.82

0.97 0.65 0.78 0.75 0.84 1.32 1.01 0.79 0.81 0.75 0.88 1.13 0.92 0.83 0.89 0.90 0.89 1.15 1.02 0.91 0.83 0.83 0.93

0.81

0.70

0.97

0.74

0.98

0.98

0.98

0.59

0.98

0.75

0.28

0.67

0.79

0.80

0.74

0.79

0.84

1.52

0.74

0.78

0.77

0.76

0.77

0.73

0.76

0.78

0.79

0.78

0.52

1.41

0.76

0.81

0.73

0.76

0.76

0.79

0.78

0.58

0.92

0.76

0.87

0.82

0.84

0.73

1.10

1.32

5.02

1.21

1.17

1.22

1.20

1.14

1.01

1.08

0.91

1.02

1.03

0.83

0.90

1.04

1.08

0.87

1.05

0.85

1.30

0.89

0.84

0.83

0.88

0.88

0.84

0.88

1.37

1.43

0.83

0.86

0.85

0.84

0.85

0.85

0.84

1.54

1.61

0.82

0.74

0.73

0.81

0.79

0.71

0.81

1.07

1.29

0.93

0.83

0.85

0.94

0.96

0.84

0.94

1.19

1.18

1.17

1.18

1.15

1.16

1.04

1.04

1.05

0.83

0.82

0.94

0.83

0.82

0.96

0.97

0.75

0.95

0.83

0.83

0.84

0.87

0.87

0.86

0.84

0.82

0.85

0.82

0.84

0.82

0.88

0.88

0.88

0.85

0.84

0.79

0.72

0.72

0.72

0.87

0.77

0.78

0.70

0.70

0.72

0.82

0.83

0.88

0.86

0.84

0.90

0.89

0.79

0.88

1.10

1.23

1.19

1.28

1.19

1.10

1.21

1.21

1.21

0.94

0.87

0.96

0.74

0.94

0.96

0.88

0.82

0.83

0.87

0.99

0.92

0.96

0.86

0.90

0.90

0.90

1.09

3.31

3.39

0.86

0.87

0.85

0.85

0.87

0.92

0.92

5.58

7.15

0.86

0.97

0.84

0.84

0.82

0.84

0.92

2.11

2.17

0.92

0.80

0.90

0.91

0.87

0.86

0.89

1.17

1.13

0.90 0.95 0.59 0.56 0.68 1.47 1.13 0.70 0.95 0.76 0.96

1.04 0.74 0.73 0.77 0.87 1.20 1.02 0.85 1.44 1.60 1.13 0.95 0.96 0.85 0.86 0.89 0.93 1.10 0.95 0.90 3.26 5.56 2.12 1.16 0.95 0.84 0.71 0.67 0.78 1.43 1.14 0.84 0.88 0.78 0.99

0.95

0.98

1.12

1.08

1.03

1.14

1.14

1.08

1.06

0.86

0.91

0.95

0.95

0.90

0.95

0.95

0.94

0.88

0.70

0.72

0.78

0.78

0.77

0.77

0.77

0.77

0.78

0.67

0.70

0.77

0.77

0.79

0.77

0.77

0.78

0.78

0.79

0.80

0.94

0.93

0.92

0.95

0.95

0.93

0.93

1.49

9.79

1.44

1.27

1.43

1.44

1.41

0.94

1.21

0.85

1.28

1.17

0.74

0.84

1.19

1.24

0.83

1.23

0.88

2.02

0.96

0.77

0.78

0.90

0.89

0.80

0.88

0.86

0.83

0.93

0.87

0.87

0.88

0.87

0.86

0.81

0.71

0.62

0.86

0.57

0.59

0.83

0.80

0.55

0.79

0.85

1.57

1.03

0.73

0.79

1.03

1.07

0.79

1.03

0.85 0.73 0.71 0.68 0.76 0.99 0.95 0.82 0.78 0.75 0.84

1.04 0.73 0.71 0.68 0.84 0.99 1.01 0.86 0.76 0.76 0.88

1.04

1.04

1.04

1.64

0.45

0.73

1.34

1.34

1.37

0.73

0.73

0.73

0.71

0.71

0.71

0.71

0.77

0.98

0.97

0.98

0.68

0.68

0.68

0.77

1.00

1.01

0.95

0.84

0.84

0.84

1.64

0.45

0.74

1.18

1.17

1.19

1.10

1.01

1.02

1.02

1.05

0.98

0.94

0.98

1.04

1.00

0.99

0.98

1.03

1.00

1.04

1.03

0.97

1.01

0.85

0.84

0.83

0.85

0.84

0.89

0.89

0.84

0.85

0.79

0.79

0.79

0.82

0.81

0.79

0.81

0.78

0.81

0.76

0.76

0.80

0.81

0.78

0.79

0.78

0.79

0.80

0.88

0.87

0.88

0.91

0.89

0.92

0.91

0.88

0.90

Rents are based on the units being unfurnished with tenants paying gas and electricity. Average rents do not reflect " rental losses" from discounts/concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

24

1.39

1.26

2nd

3rd

4th

AFFORDABLE HOUSING RENT PER SQUARE FOOT BY APARTMENT TYPE AND COUNTY (CONTINUED) (In Dollars) 2007 Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

1st

0.66 0.80 0.53 0.61 0.56 0.63 0.88 0.71 0.55 0.70 1.04 0.74 0.66 0.51 0.86 0.58 0.55 0.58 0.56

2008

2009

2nd

3rd

4th

1st

2nd

3rd

0.75 0.66 0.59 0.62

0.66 0.91 0.78 0.62 0.64 0.80

0.59 0.67 0.56 0.65 0.59 0.62

0.59 0.87 0.90 0.66 0.63 0.68

0.5938 0.7974 0.86

0.59 0.86 0.87

1.05 0.85

0.63 0.7194

0.60 0.74

0.63 0.92

0.89 0.80 0.53 0.67 0.77 1.26 0.89 0.82 0.69 0.48 0.86 0.83 1.12 0.53 0.63 0.61 1.00

0.61 0.75 0.52 0.62 0.64

0.83 0.75 0.53 0.61 0.70

0.93 0.94 0.87 0.91 0.92 0.78 0.68 0.54 0.56 0.53 0.64

0.74 0.73 0.62 0.70 0.70 0.78 0.68 0.55 0.55 0.53 0.64

0.84 0.7466 0.5137 0.6192 0.7207 1.08 0.7152 0.7436 0.64 0.8711 0.7478 0.78 0.68 0.65 0.56 0.53 0.65

0.83 0.75 0.53 0.63 0.73 1.12 0.68 0.59 0.54 0.65 0.65 0.77 0.68 0.62 0.56 0.53 0.64

0.61 0.75 0.52 0.63 0.65 1.36 0.88 0.77 0.78 0.71 0.82 0.83 0.65 0.54 0.60 0.54 0.61

0.91 0.73 0.85 0.63 0.74 0.81 0.93 0.73 0.68 0.43 0.86 0.79 0.69 0.65 0.62 0.69

4th

1st

2nd

1.02 0.87

0.6563 0.87 0.84

0.95

0.63 0.77

0.86 0.77 0.54 0.64 0.74 1.36 0.78 0.59 0.58 0.69 0.69 0.82 0.68 0.60 0.57 0.66

0.85 0.75 0.54 0.63 0.73 0.89 0.74 0.65 0.84 0.82 0.82 1.06 0.53 0.60 0.57 0.95

2010 3rd

2nd

3rd

0.66 0.85 0.70 0.60 0.62 0.74

0.66 0.77 0.86 0.58 0.74

0.63

0.78 0.75 0.53 0.64 0.70 1.46 0.91 0.72 0.60 0.52 0.79 0.81 1.17

0.87 0.80 0.53 0.67 0.77 0.83 0.79 0.82 0.65 0.48 0.75 0.81 0.69 0.53 0.62 0.59 0.67

0.80

1.00 0.67 0.60 0.62 0.81

1.00 0.75 0.62 0.56 0.82

0.87 0.81

0.76 0.74 0.52 0.64 0.69 1.41 0.95 0.82 0.65 0.85 0.90 0.78 1.09 0.52 0.63 0.59 0.98

0.80 0.73 0.57 0.64 0.70 1.41 0.95 0.82 0.65 0.48 0.87 0.82 1.09 0.53 0.63 0.59 0.98

0.71 0.79 1.40 0.90 0.74 0.62 0.85 0.85 0.82 0.70 0.52 0.63 0.59 0.68

2011

1st

0.99 0.74 0.62 0.55 0.82

Rents are based on the units being unfurnished with tenants paying gas and electricity. Average rents do not reflect " rental losses" from discounts/concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

25

4th

0.62 0.59 1.08

4th 0.87 0.71 0.69 0.78

0.80 0.53 0.67 0.73 1.46 1.00 0.82 0.65 0.48 0.89 0.82 0.71 0.57 0.63 0.61 0.69

1st

0.66 0.91 0.78 0.62 0.64 0.80 0.89 0.80 0.53 0.67 0.77 1.26 0.89 0.82 0.69 0.48 0.86 0.83 1.12 0.53 0.63 0.61 1.00

2nd

3rd

4th

30% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area All Colorado Metro Areas

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath

2006 3rd

2007 2nd

4th

1st

3.4 2.5 7.1 4.5 5.2 3.3 100.0 3.3 0.0

10.3 1.9 3.5 0.0 2.2 2.7 12.5 2.2 0.0

10.5 2.3 3.8 1.2 4.8 3.4 0.0 2.9 0.0

3.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.6 10.0 2.1 4.5 0.0 2.6 2.9

3.1 9.4 2.5 6.8 1.3 5.1 3.3

1.4 11.0 2.5 3.3 26.7 3.4 4.0

0.0 1.3

5.9 0.0 1.3 5.1 3.9

5.3 0.0 26.7 14.3 6.7

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.5

7.8 2.2 3.0 25.0 3.6

3.4 0.0 2.1 0.0 0.0

3rd

4th

1st

3rd

4th

1st

4th

1st

2010 2nd 3rd

4th

1st

8.7 2.6 4.8 0.0 5.2 3.9 0.0 1.4 0.0

12.2 3.6 7.7 8.2 11.4 5.9 0.0 2.1 12.5 0.0

9.6 2.0 4.2 11.1 9.2 4.2 5.3 0.7 0.0 0.0

2008 2nd 8.9 1.4 2.8 3.5 3.9 2.2 14.3 2.1 0.0 0.0

20.0 2.5 1.6 3.5 0.5 2.8 0.0 2.1 0.0 0.0

8.9 2.1 6.4 4.2 5.2 3.4 0.0 0.0 7.7

11.6 3.0 7.2 3.5 1.6 3.8 0.0 1.4 0.0 0.0

18.3 2.8 2.9 3.7 3.2 3.4 0.0 1.4 16.7 0.0

2009 2nd 3rd 12.8 2.4 1.9 6.3 5.4 3.1 14.3 1.4 0.0 0.0

0.0 2.8 1.6 4.0 0.6 2.5 0.0 2.9 0.0

3.1 2.3 2.0 3.9 1.2 2.3 0.0 1.3 0.0 0.0

7.7 2.7 1.7 2.0 1.3 2.6 12.5 1.4 0.0 0.0

9.4 1.8 2.8 1.7 2.1 2.1 14.3 1.4 12.5

7.1 2.2 1.4 3.2 3.3 2.3 0.0 1.4 0.0

0.0 2.2 2.6 2.9 6.4 2.7 0.0 4.3 2.4

1.0 16.5 3.1 5.4 0.0 9.4 5.0 0.0 2.8 0.7

2.5 22.2 3.8 7.0 7.1 16.5 6.1

1.5

3.0 6.7 1.0 3.4

1.8

1.8 14.3 3.2 8.3 4.5 2.0 4.2

2.3 25.0 2.9 3.1 5.7 4.9 3.8

1.8 14.5 2.6 2.5 6.9 3.4

2.5 0.0 2.7 1.8 3.8 0.0 2.4

1.2 6.7 2.6 1.0 4.0 2.8 2.4

0.0 4.7 0.0 2.2 2.7 4.5 5.3 2.5

8.0 3.8

1.9 1.8

2.8 0.0

4.0 2.4

2.0 0.0

1.8 0.0

5.2 1.0

1.5 2.8 0.0 6.2 1.4

2.5 8.1 1.7 2.6 2.9 0.0 1.9

5.1 4.7

1.1 5.1 2.5 1.3 3.8 2.7 2.5 0.0 3.7 1.3

2.4 7.7 2.8 2.1

2.6 1.4

1.8 33.3 2.3 2.1 3.0 0.0 2.8

2.7 0.0

3.9 0.0

0.9 0.0

0.0 1.8

0.0 4.8

0.0 6.5

0.0 1.7

0.0 1.4

0.0 3.3

0.0 1.3

0.0 1.1

0.0 3.0

0.0 2.9

0.0 4.7

0.0 1.4

2.3 2.3

0.0 0.5

1.4

0.9

1.6 0.0

0.8 0.0

1.6 0.0

0.0 0.0

1.0 0.0

0.3 0.0

0.7

1.2 0.0

0.6 0.0

10.0 1.8

0.0 0.9

0.0

0.0 1.0

0.0 0.3

0.0 0.7

1.1

0.6

0.0 0.0

0.0

10.0 1.0 0.0 0.0 0.0

10.0 1.8

0.0

0.0 1.5 0.0 1.3 20.0

0.0

0.0

0.0 0.0

0.0

0.0

0.0

0.0 0.0

0.0 22.2 3.6 8.2 11.3 4.2 5.9

0.0 10.0 0.8 5.4

0.0 39.3 3.0 5.6 3.0 0.0 4.0

2.2 14.1 4.2 6.3 4.5 2.5 5.0

0.0 27.4 4.6 3.0 5.7 4.8 5.5

0.0 15.6 3.6 3.4

0.0 6.3 3.1 1.6 3.8 4.1 3.3

0.0 9.4 3.3 0.0

7.7 4.9

0.0 0.0 3.3 3.5 3.8 0.0 3.0

2.0 3.1

0.0 9.4 2.2 4.8 2.9 0.0 2.6

0.0 0.0 2.9 2.9 4.0 3.3 2.9

0.0 0.0 2.2 3.1 4.5 6.6 2.8

0.0 0.0 0.0

20.0 0.0 66.7

0.0 4.3 15.4

0.0 4.3 0.0

0.0 4.3 0.0

0.0 0.0 0.0

0.0 4.3 22.2

0.0 0.0 9.5

20.0 2.9 0.0

0.0 23.3 18.2

0.0 0.0

0.0 18.4

0.0 7.1

0.0 2.6

0.0 2.6

0.0 0.0

0.0 7.9

0.0 3.2

0.0 3.2

0.0 19.1

Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

1.4 0.6

0.0 0.0 4.0

25.0 26.0 0.0 30.0 28.4 0.0 0.0 0.0

0.0

0.0 0.0

50.0 0.0 0.0

0.0 0.0 10.0 2.8 6.9

0.0 0.0 9.4 1.9 7.4

1.3 10.1 1.7 1.4

0.0 0.0 16.9 2.8 2.7

4.9 3.9

6.1 3.0

0.0 2.5

4.1 4.2

0.0

0.0

0.0 3.3 9.5

0.0 25.0 3.8 0.0

0.0 6.8

4.4

4.7 11.1 2.2 31.9 10.7

1.9 1.4

0.0 0.0

0.0

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

1

2.9 0.0 5.3 3.2

10.4 2.8 8.6 0.0 3.8

2011 2nd 3rd

4th

30% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2006 3rd

4th

1st

2007 2nd

12.0 0.0 0.0

0.0 1.4

0.0 2.8

5.3 2.2

0.0 0.9

0.0 1.2

0.0

1.1

3.1 0.0

0.0

1.1

5.4 3.5 0.0 0.0 0.0 0.0 0.0 0.0

4th

1st

3rd

4th

1st

2009 2nd

3rd

4th

1st

2010 2nd

0.0 0.0

0.0 0.0

0.0 0.0

0.0 0.0

0.0 33.3

0.0 0.0

1.6 0.0 0.0 0.0 1.5

0.8 0.0 0.0 0.0 0.8

1.6 0.0 0.0 0.0 1.5

0.0

0.0

0.0

0.0

16.7

0.0

2.6 2.8 0.0 12.0 4.0 0.0 3.7 11.8 16.7 13.8 12.1 0.0 4.9

0.6 0.0 0.0 4.0 0.8 20.0 7.4 5.8 2.8 5.7 6.0 5.6 3.3

1.9 1.4 0.0 4.0 2.0 40.0 4.3 0.0

0.0 2.8 0.0 4.0 2.6 20.0 2.8 0.0

0.6 2.8 33.3 0.0 1.6

1.9 0.0 33.3 0.0 1.6

0.0 0.0 4.2 0.5

1.0 1.4 50.0 0.0 1.5

0.0 4.4 0.0 3.3

4.4 5.6 3.3

0.0 9.4 5.6 4.9

4.8 4.8 0.0 6.6

4.8 4.8 5.6 1.6

9.1 9.4 6.5

4.5 0.0 3.2

4.5 0.0 2.6

4.5 6.3 4.5

0.0 0.0 2.6

0.0 0.0 2.6

6.8 3.1 3.9

3rd

4th

1st

0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0

0.0 14.3 0.0 0.0 0.7

1.5 0.0 0.0 0.0 1.4

2.5 3.7 0.0 0.0 2.6

1.0 1.4 0.0 0.0 1.0

1.3 2.8 0.0 4.0 2.0

0.0 1.4 0.0 4.0 1.0

1.9 2.8 50.0 8.0 3.1 0.0 0.0

0.0 0.0 0.0 4.9

0.0 3.3

5.6 3.9

2.3 3.1 4.2

4.5 0.0 2.6

2.3 0.0 3.6

10.0 4.8 0.0 0.0 7.0 4.6

10.0 4.8 0.0 2.2 4.7 4.6

6.0

7.9 7.1 1.7 1.7

3rd

2008 2nd

6.0 0.0 1.4 0.0 4.2 1.2 0.0

1.3 4.2 0.0 0.0 2.3 0.0 1.1 5.3

0.0

4.8 1.7

4.2 5.3

4.2 2.6

5.3 4.8

0.0 1.6

5.6 6.9 0.0 8.0 6.8 2.4 12.5 16.7 9.1 8.6 0.0 4.8 0.0 4.4 4.7 4.0

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

2

14.3 25.0

0.0 0.0 1.6 0.0 3.1 1.3

2011 2nd

3rd

4th

30% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars)

Market Area All Colorado Areas

2006 Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

2008

2009

2010

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

415.95 551.29 518.79 655.68 713.47 558.98 362.50 388.78 520.19

354.76 686.61 609.60 644.32 781.04 701.94 250.94 565.49 717.00

325.78 680.01 596.48 701.92 739.63 663.75 462.50 630.71 745.00

406.15 615.82 641.03 528.80 790.53 619.56 537.97 631.51 745.00

850.00 637.25

519.21 281.59 590.23 571.87 699.99 424.03 783.51 635.36 765.00 987.50 901.63 683.83

455.78 645.14 651.17 842.44 873.14 677.75 336.14 638.93 765.00 975.00 898.50 648.85

836.56 741.89 806.00 556.00 726.02

855.02 737.90 718.57 562.50 743.98

436.64 670.11 629.63 594.39 798.55 675.38 342.00 638.93 765.00 987.50 904.75 649.56 512.50 731.51 764.55 812.50 423.77 727.30

779.53 746.15 692.19 905.39 750.92

791.42 878.00

470.96 490.64 699.91 818.33 738.49 551.82 336.32 450.00 780.00 987.50 914.38 490.21 531.50 628.23 333.27 362.50 815.53 552.03

413.77 389.08 642.17 768.57 632.72 455.76 337.50 458.93 727.00 775.00 890.00 502.18 675.00 578.74 154.81 0.00 598.44 425.65

496.04 638.23 791.38 621.35 911.84 683.23 301.55 643.93 780.00 1012.50 926.88 654.19 429.92 702.47 692.16 806.00 712.75 718.48

307.98 412.38 532.14 806.75 604.16 455.21 342.00 298.21 803.00

818.00 567.34

439.88 679.44 658.47 721.66 775.85 679.75 479.00 631.34 765.00 937.50 892.25 620.42 658.03 750.01 751.37 716.46

394.76 650.41 527.70 840.69 764.04 650.21 349.00 762.32 571.35

812.50 406.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

420.26 674.82 625.64 744.79 788.71 664.62 418.82 629.51 710.00 950.00 885.59 621.57 655.12 705.18 740.72 806.00

647.43 508.31

760.07 612.50 703.89 818.47 754.73

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

652.00

680.58 629.02

691.34 654.78 679.25 737.50 839.88 681.51

587.50 1203.00 901.96

850.00 624.18 655.12 630.97 740.07 782.68 408.19 663.71 412.50 660.35 666.06 649.14 660.82 537.50 637.50 562.50 837.50 685.05 399.00 295.53 764.28

799.00

487.50 537.50

400.00 799.00 505.00

556.00 772.33 368.60 721.99 698.28

562.50 533.33 456.25 741.94 652.78

774.01 421.33 720.34 619.73

1262.50 396.28 424.06 729.45 643.22

916.03 715.94

898.72 742.15

929.47 699.88

929.47 715.08

650.00

715.79

890.00 734.72

810.92

916.00 348.22 675.00 571.39 130.23 237.50 480.40 388.72

1st

2011

2nd

3rd

4th

1st

392.25 428.87 469.45 657.17 509.69 649.82 805.54 600.22 537.28 844.66 488.10 664.86 346.98 260.69 640.97 642.78 803.00 803.00 1037.50 1037.50 946.38 946.38 654.50 651.37 533.00 452.69 588.08 678.37 239.28 707.88 237.50 808.00 475.51 723.00 434.63 684.52 437.50 437.50 454.14 621.19 607.57 621.32

437.75 653.06 646.79 749.73 790.71 667.43 382.86 647.86 803.00

306.53 305.94 473.76 743.47 486.19 366.18 346.30 128.57 803.00

451.08 628.42 648.55 542.20 821.06 648.18 339.52 634.40 637.38

916.00 654.04 548.08 700.12 713.10 776.32 564.26 689.41

916.00 200.90 478.00 552.34 40.85 138.42 352.27 314.62

897.98 693.83 524.00 670.75 709.18 808.00 545.45 673.57

620.65 556.01

374.79 557.91

700.15 605.74

644.06 661.29

155.40 471.77

686.55 575.89

648.31 691.48

457.50 649.40

407.50 651.19

682.04 608.87

388.58 686.50

775.00 653.83

469.00 249.86

641.07 1047.89 647.50 744.22

793.75 529.17

775.00 495.33

726.79 661.13

998.23 594.93

649.79 505.63

787.50 624.69

596.23 598.94

596.80 470.23

666.21 666.52

665.61

480.53 304.17

431.81 268.75

487.85 212.50

262.70 212.50

451.69 254.17

460.43 237.50

454.05

266.62 237.50

252.83 225.00

1316.00 1316.00 498.92 447.42 405.00 422.00 772.84 786.41 512.40 560.00

1316.00 505.19

261.73

265.63

251.50

799.00

746.59

665.61

1219.00 1291.00 690.42 693.65 799.00

799.00 512.50

799.00 426.22 736.59 699.08 972.00 946.19 742.22

763.54 587.50 763.09 661.69

799.00

825.18 522.14 743.64 659.46 1054.86 892.89 920.02 773.16 773.63

797.45

796.51

738.32

773.30 500.00

745.93 797.45 349.22 468.13 360.56 784.65 151.60 714.55 982.46 19.39 1012.04 355.52 792.59

796.51 472.50 776.95 717.90 863.03 908.62 786.60

738.32 0.00 183.18 48.82 838.72 90.98 215.48

760.88 632.00 776.59 684.59 419.00 887.97 774.72

792.66 422.03 267.71 654.71 937.50 438.65 376.54

337.50 387.50 587.50

331.00 695.13 688.61

331.00 658.70 519.62

331.00 649.22 735.67

500.00 705.74 739.00

550.00 692.83 735.67

450.00 715.00 725.00

331.00 675.23 755.57

331.00 443.89 588.10

331.00 640.63 740.73

762.50 434.12

798.00 648.38

465.00 572.02

876.00 633.79

876.00 691.03

876.00 689.00

950.00 688.68

975.00 465.00 679.52 483.9677

975.00 638.234

995.00 685.94

746.59 0.00 293.20 102.39 1001.00 1039.32 19.39 815.62 298.57

758.44 505.00

768.30 507.06 465.27 749.86 986.55 652.35 553.19

311.98 654.70 740.54

799.00 546.67 766.93 904.01

1316.00 1312.50 1312.50 475.90 483.91 482.67

512.50

650.00 562.50 612.50

512.50 500.00 565.00 625.00

762.50 621.59

567.44

595.00 675.00 715.00 820.00 675.22

331.00 344.60

638.23

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

3

2nd

3rd

4th

30% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars)

Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

2006

Apartment Type

3rd

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007 4th

1st

2nd

265.00 344.00 320.00

478.00 583.00

492.79 587.50

812.50 748.80

647.00 581.71

637.50 552.98

633.65

650.00

655.86 437.50

633.65

650.00

378.72 540.11 282.00 312.50 363.00 387.50 420.00 390.20

4th

2009

2010

2011

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

389.00 518.33

389.00 516.00

362.50 462.50

362.50 429.17

368.00 429.33

368.00 516.67

579.03 565.67 425.00 437.50 575.29

583.58 649.67 452.00 502.00 582.46

579.63 656.00 425.00 437.50 577.94

519.88 656.00 452.00 505.00 521.85

395.33 583.33

489.33

504.57 520.86 537.50 612.50 506.61

582.11 628.29 456.00 521.00 582.18

520.02 584.35 512.50 657.85 565.16

521.14 625.00 294.00 661.60 575.16

546.36 680.00 294.00 738.40 601.16

535.80 680.00 294.00 738.40 612.54

555.48 680.00 294.00 738.40 606.72 375.00 450.00

428.05 493.04 612.50 596.26 709.73 570.53

439.75 517.64 612.50 613.86 724.62 588.76

321.00

291.77 623.21 729.02 745.42

2008 3rd

321.00 505.14 583.00 662.50 647.00 558.44 632.42

516.02 637.00 787.50 709.00 595.17 462.50 462.90 519.08

632.42

824.00 500.18

512.50 562.50

412.50 537.50

637.50 610.70

637.50 553.90

497.56 637.00 296.00 694.36 621.97 564.71 599.00 599.00 711.00 618.39 412.75 480.25 612.50 540.94 662.85 538.50

453.67

452.50

412.50

395.83

398.67

442.33

541.57 637.00 447.33 694.36 600.37 462.50 560.87 598.32 599.00 604.38 592.79 412.50 487.50

519.14 637.00 197.33 694.36 565.81 469.00 503.07 637.50 666.00 805.03 669.55 410.00 483.00

517.22 637.00 443.17 694.36 567.53 477.00 403.81 490.63

497.56 637.00 296.00 694.36 621.97 477.00 479.33 575.00

531.84 660.00 390.17 718.68 584.67

526.92 637.00 422.67 694.24 573.18

518.54 660.00 734.00 599.36

504.19 606.00 287.50 658.62 559.36

450.00 575.00

836.00 451.32 410.00 483.00

487.58 437.50 487.50

836.00 612.38 437.50 487.50

836.00 836.00 437.50 487.50

854.00 854.00 437.50 512.50

854.00 854.00 412.50 683.39

437.50 512.50

427.00 706.40

537.50 612.50 518.79

545.00 620.00 520.41

545.00 620.00 520.41

587.50 662.50 546.21

587.50 662.50 546.21

587.50 662.50 546.21

612.50 687.50 568.31

612.50 687.50 661.37

612.50 687.50 568.31

601.00 683.00 687.77

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

4

446.31 440.00 530.00 619.00 703.00 580.53

2nd

3rd

4th

40% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area All Colorado Metro Areas

Apartment Type One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

2006 3rd

Efficiency

3.9 3.6 3.2 4.1 3.6

Efficiency One bedroom Two bed, one bath Two bed, two bath

3.1 12.5

4th

1st

11.4 6.0 4.3 2.7 2.8 5.2 10.8 18.8 6.3

0.0 3.5 8.1 2.0 2.5 4.1 0.0 5.0 0.0

2007 2nd 0.0 2.2 0.0 1.5 3.0

1.7 0.0

3rd

4th

1st

6.5 4.0 4.4 2.4 3.8 4.0 0.0

11.7 3.9 6.9 0.9 1.5 4.5 0.0

15.1 2.8 4.2 1.2 3.8 3.9 0.0

2008 2nd

3rd

4th

1st

2009 2nd 3rd

4th

1st

2010 2nd 3rd

4th

1st

4.3 3.7 7.1 4.6 4.5 4.5 0.0

4.3 3.2 7.2 3.2 3.4 4.5 0.0

20.0 2.4 14.2 0.0 6.8 7.2 0.0

0.0 3.6 16.4 3.6 7.2 8.4 0.0 12.5 25.0 12.5

4.3 3.7 7.1 4.6 4.5 4.5 0.0

0.0 5.9 6.1 7.5 3.7 5.6 0.0

0.0 4.4 6.4 3.6 3.9 4.8 0.0

0.0 5.6 9.3 3.2 5.8 6.8 0.0

5.7 3.7 6.0 3.6 4.4 4.7 0.0

2.2 2.8 4.8 4.3 2.6 3.6 0.0

0.0 2.5 2.2 1.1 2.2 2.2 0.0

10.1 2.5 4.0 2.0 1.9 3.3 0.0

12.5

5.6 12.5

0.0 0.0 4.2 7.2 3.7 4.5 4.7

11.4 0.0 6.4 6.8 0.0 3.5 5.8

16.7 3.3 0.0 11.2 0.0 5.3 4.7 8.7 2.3 4.4

6.4 0.0 6.5 10.8 0.0 4.1 7.3

0.0 3.3 0.0 3.1 0.0 4.5 6.9 0.0 2.3 5.0

11.1 3.3 0.0 5.1 0.0 3.2 4.6 6.9 3.3 4.1

4.5 0.0 1.9 0.0 1.4 2.5 0.0 1.6 1.9

7.3 3.3 0.0 3.9 0.0 1.3 3.9 0.0 2.9 2.5

7.1 2.7

3.2 0.9

6.3 11.8

3.8 3.5

4.1 4.3

1.5 2.9

0.6 1.8

2.6 5.0

0.0 2.0

5.1 8.1

0.0 3.3

0.0 3.8

0.0 1.9

7.7 1.9

17.6

Three bedroom All

Denver Metro Area

One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

0.0 0.0 0.9 0.0 1.0 3.8 1.2

0.0 28.6 3.8 4.5 2.2 4.5 4.1

0.0 14.3 4.7 7.1 1.5 0.7 4.4

0.0 14.3 3.4 4.5 1.7 3.9 3.5

0.0 0.0 4.2 7.2 3.7 4.5 4.7

0.0 0.0 3.3 8.0 3.9 2.8 4.8

3.7 0.4

20.9 0.0 4.0 16.0 3.1 7.3 8.3

0.0 0.0 1.9 2.0 1.1

0.0 0.0 0.0 2.9 1.5

0.0 9.1

0.0 3.7 2.3 7.3 3.6

1.7 0.0 0.0 0.0 0.7

1.6 1.1 0.0 2.7 1.3

3.3 2.3 0.0 2.0 2.5

4.1 5.5

0.0 0.0

3.9 3.3

4.5 3.0

0.0 0.0 0.0 4.7 0.9

0.0 4.1

0.0

0.0 3.3

3.3 2.3 0.0 2.0 2.5

0.0 0.0 0.0 0.0 0.0

11.5 0.0 13.8 0.0 8.3

0.0 0.0 0.0 0.0 0.0

0.0 0.0 4.3 4.0 2.2

3.1 0.0 3.3 0.0 2.6

3.8 0.0 4.3 0.0 2.6

2.6 0.0 5.3 0.0 2.9

4.5 0.0 15.4 10.0 6.0

4.5 3.8 0.0 0.0 2.6

0.0 7.7 15.4 13.3 7.8

4.5 0.0 15.4 10.0 6.0

4.5 0.0 0.0 0.0 2.1

0.0 0.0 15.4 0.0 4.5

6.1 0.0 0.0 0.0 2.7

4.8 0.0 0.0 0.0 2.2

0.0 0.0 16.7 0.0 1.7

2.4 0.0 0.0 0.0 1.3

2.3 0.0 0.0 0.0 1.3

6.3 0.0 8.8 3.4 4.8

17.6

0.0 0.0 0.0 0.0 0.0 0.0 2.0 0.0 0.0 5.6 1.9

0.0

0.0

0.0 0.0

0.0 0.0 2.4 16.7 1.1 2.8 0.0 4.3 2.8

0.0 0.0 2.9 0.0 0.0 4.4 2.1

0.0 28.6 8.9 0.0 0.0 2.2 4.8

0.0 0.0 14.3 10.0 0.0 0.0 0.0 3.6

0.0 0.0 0.0 8.0 3.0 14.3 5.4 0.0 0.0 5.1 3.3

0.0 0.0 0.0 0.0 0.0 0.0 9.6 0.0 0.0 0.0 2.6

4.8 20.8 10.5 0.0 6.2 0.0 0.0 1.2 0.0 0.0 1.5

4.2 8.0 0.0 3.7 2.8 0.0 3.8 0.0 0.0 2.5 1.9

0.0 0.0 0.0 0.0 0.0 0.0 9.6 0.0 0.0 0.0 2.6

0.0 4.3 0.0 0.0 1.9 0.0 3.7 1.2 0.0 0.0 1.5

0.0 0.0 0.0 0.0 0.0 0.0 1.9 0.0 0.0 0.0 0.5

0.0 4.2 0.0 16.7 5.4 0.0 0.0 1.3 0.0 0.0 0.5

0.0 17.4 0.0 8.3 9.6 0.0 0.0 1.4 0.0 0.0 0.7

0.0 0.0 0.0 0.0 0.0 0.0 3.0 3.8 5.9 7.5 5.2

0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.3 0.0 2.5 1.2

0.0 0.0 0.0 8.3 1.8 0.0 1.3 3.8 0.0 0.0 1.7

One bedroom Two bed, two bath Three bedroom All

3.6 5.2 0.0 7.3 4.8

6.7 14.9 6.7 6.8 9.4

0.0 0.0 0.0 0.0 0.0

3.3 7.9 0.0 4.5 4.7

12.9 18.0 0.0 2.4 12.3

3.3 17.8

3.0 12.0 0.0 9.3 7.7

6.1 38.2 0.0 14.8 19.9

3.3 17.8

8.2 15.3

12.2 11.5

11.2 17.6

6.3 9.8

3.3 6.1

2.0 3.3

2.0 6.9

0.0 0.0 0.0

13.3 10.6

12.9 12.3

8.1 10.7

5.4 12.8

6.5 8.0

2.7 4.4

2.7 2.6

0.0 4.3

Efficiency One bedroom Two bed, one bath

0.0 0.0

Two bed, two bath Three bedroom All

Douglas

0.0 0.0

Efficiency Two bed, one bath

Denver

3.8 0.0 2.7 10.5 2.9 3.2 4.8

16.2

3.9 0.0 3.3 2.1 2.4

11.5 16.7 4.7 4.0 3.4 2.7 3.5

Efficiency One bedroom

Arapahoe

5.6

Efficiency

0.0 0.0

8.3 12.5 9.4 40.0 0.0

15.4

Efficiency One bedroom Two bed, one bath

15.8 0.0

Two bed, two bath Three bedroom All

Jefferson

14.3

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

0.0 0.0 0.0

13.3 10.6

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

1

2011 2nd 3rd

4th

40% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2006 3rd 5.0 0.0 3.2 3.1 3.4

4th 12.0 1.2 0.0 0.0 3.1 5.1

1st 5.3 0.0 0.0 0.0 2.3

2007 2nd

2008 2nd

3rd

4th

1st

9.8 0.0 3.2 0.0 4.5

4.8 4.8 0.0 3.2 0.0 3.8

12.0 2.4 0.0 0.0 6.3 5.9

3rd

15.7 1.1 0.0 0.0 0.0 6.0

4.8 2.1 5.6

4.8 2.3 0.0

3.6

2.8

2.1

0.0

3.6

0.0

0.0

0.0

12.5

0.0

0.0

0.0 0.0 0.0

0.0 0.0 0.0

9.1 0.0 4.5

0.0 33.3 9.1

0.0 0.0 0.0

0.0 0.0 0.0

4th

1st

2009 2nd

0.0 0.0

4.8 2.1 5.6

1st

2010 2nd

0.0 6.8 0.0 2.8 3.0

1.9 0.0 5.0 5.6 2.4

6.0 1.1 3.3 0.0 8.3 3.7

2.4 1.1 0.0

0.0

0.0

0.0

0.0

9.1 0.0 4.5

0.0 0.0 0.0

0.0 0.0 0.0

0.0 25.0 0.0 9.7

4th

1st

1.5

2.6 1.4 0.0 2.8 2.0

10.8 6.7 1.4 0.0 0.0 5.5

0.0

0.0

0.0

18.2 0.0 9.1

0.0 0.0 0.0

0.0 33.3 4.5

9.1 0.0 4.5

0.0 30.0

0.0 8.3

0.0 0.0

30.0 0.0

11.1

0.0 10.3

11.1 6.5

0.0 0.0

11.1 3.8 0.0 12.5

11.1 12.9 0.0 12.5

0.0 0.0

0.0 2.6

0.0 2.6

2.4 0.0

3rd 3.8 0.0 20.0 5.6 4.8

4th

3rd

5.9 11.6 10.5 5.0 7.7 0.0 0.0 4.7

0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0

2.6 1.8

2.2 1.6

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

2

0.0 5.6

2011 2nd

3rd

4th

40% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars) Market Area All Colorado Areas

2006 Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

3rd

486.52 574.46 605.38 653.87 591.94

Efficiency One bedroom Two bed, one bath Two bed, two bath

529.81 644.79

2007

2008

2009

2010

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

366.39 500.59 606.85 577.10 741.69 572.63 434.90 500.52 637.50

506.09 504.78 593.35 595.21 657.31 576.16 662.50 587.50 637.50

397.00

345.15 531.02 622.16 549.01 654.58 566.25 1032.33

259.11 490.88 622.67 567.90 660.68 555.13 397.49

275.96 509.07 624.23 603.91 680.86 581.94 962.50

255.94 493.91 628.53 571.85 706.91 566.05 342.07

256.28 512.44 628.67 533.81 706.48 568.25 336.00

418.30 582.72 641.85 593.41 729.80 639.02 351.00

417.20 553.71 644.25 627.77 749.19 637.53 336.00 637.50 623.13 721.00

255.94 493.91 628.53 571.85 706.91 566.05 342.07

346.93 557.74 634.09 575.87 714.01 617.42 301.55

371.20 560.38 619.21 577.70 661.56 605.19 342.00

374.19 557.19 639.90 595.59 642.26 609.62 346.98

266.24 546.85 633.64 570.45 695.94 584.31 264.00

272.92 543.04 646.61 584.94 688.58 589.65 382.86

381.57 520.24 614.92 599.97 644.37 587.93 346.00

271.76 548.95 647.42 581.83 715.77 596.68 339.52

568.00

585.00 721.00

585.00 600.73 646.00 602.68

557.00 646.00 594.89

579.18 613.03 662.50 606.98

510.70 593.01 544.58 628.72

566.62 245.00

537.97

560.81 662.50 445.83 547.79 650.26 697.62 625.02

487.66 635.10 701.38 534.38 625.20 694.68 640.99

600.00 646.90 582.12 485.80 560.08 629.15 596.11

245.00

397.49 646.83 643.63 513.33 617.01 559.62 604.57

962.50

342.07

336.00

522.81

623.67

342.07

545.16

592.96

585.00 604.77 637.50 597.78

546.94 375.00 616.86 601.16 565.78

1032.33 676.34 541.06 375.00 611.99 591.86 584.97

558.33 586.07 618.00 578.98

654.25 500.66 605.88 641.71 615.18

670.47 473.26 555.33 612.12 608.30

661.36 554.59 584.58 572.76 614.24

653.00

529.89 580.46

681.71 357.84 632.04 671.65 642.30

670.47 473.26 555.33 617.97 608.30

699.79 483.46 604.03 551.17 626.99

691.91 480.38 600.00 582.13 617.25

691.36 426.85 617.23 600.20 623.28

693.94 546.23 609.46 582.56 628.53

703.93 375.00 607.39 601.51 637.87

670.21 0.00 616.77 591.70 588.76

708.14 486.85 622.48 588.99 634.69

462.50 650.00 626.92 691.50 651.77

462.50 612.50 551.59 833.21 722.77

467.29 566.94

576.78 628.11 551.59 666.58 623.47

513.76 626.33 543.00 668.38 592.45

509.59 616.38 548.34 663.89 589.83

514.95 621.66 565.00 679.75 581.82

518.01 632.40

587.50 662.50

510.36 642.14

527.55 631.60

525.38 665.56

538.52 652.65

544.85 637.48

573.41 667.57

532.96 644.59

697.74 577.48

619.64

696.74 572.72

514.95 621.66 565.00 679.75 581.82

524.35 626.23

666.25 524.93

573.50 661.90 551.59 670.56 628.21

715.33 585.92

714.56 589.39

714.56 599.40

736.85 600.74

733.45 603.39

747.20 637.56

727.56 596.29

352.60 412.50 564.77 581.94 456.67

491.52 592.00 572.88 647.94 566.29

487.50 587.50 569.07 658.19 565.04

492.41 592.00 567.39 624.94 559.81

492.41 592.00 580.08 648.85 562.65

486.92 589.00 679.39 649.11 595.50

490.00 590.00 639.16 644.64 580.97

503.45 623.56 586.88 817.50 633.14

518.59 626.31 577.92 810.35 636.64

492.73 683.58 577.46 832.68 648.63

503.45 623.56 586.88 817.50 633.14

533.25 657.68 615.46 781.68 624.43

513.89 287.50 690.15 580.83 565.39

510.73 598.00 613.54 671.00 581.75

533.60 619.14 612.08 679.95 593.58

578.78 607.18 660.00 662.32 613.40

565.13 636.96 645.46 735.27 617.26

527.34 599.79 615.46 733.59 580.89

567.19 718.75 681.62 758.29 703.22

657.82

643.69

250.00

799.00 707.00

667.22 754.89 723.26 459.67 517.93 546.01 627.00 633.87 552.79

564.77 587.50 637.50 787.50 729.27 471.33 510.12 612.00 543.00 642.94 554.65

643.69 473.00 493.03 559.97 624.00 644.24 554.37

250.00 437.71 541.95 546.13 543.00 627.71 561.99

813.00 745.26 437.71 435.53 548.94 543.00 620.33 526.70

612.63 707.60 664.58 767.36 730.34 437.71 488.15 542.08 543.00 621.74 552.46

609.19 687.50 661.50 779.26 732.55 437.71 448.51 544.84 551.00 562.24 536.30

574.19 929.00 524.66 661.46 669.20 444.86 461.20 548.34 551.00 626.49 558.84

691.98 743.20 673.74 804.17 781.12 452.00 384.33 540.00 551.00 611.36 525.69

609.19 687.50 661.50 779.26 732.55 437.71 448.51 544.84 551.00 562.24 536.30

691.00 771.39 604.00 822.67 746.90 415.00 451.19 560.79 599.00 631.01 562.70

683.68 772.00 604.00 824.67 746.09 415.00 416.62 524.99 599.00 481.58 510.23

642.00 811.79 604.00 863.33 758.13 415.00 423.19 526.58 599.00 497.09 518.72

691.64 771.39 604.00 822.67 747.04 425.00 437.88 547.97 599.00 621.72 543.72

691.00 772.00 604.00 824.67 747.63 413.00 473.90 567.32 631.88 651.19 575.21

694.64 762.50 616.00 828.00 746.36 415.17 375.07 486.88 600.42 393.94 469.13

654.93 769.83 618.00 814.33 734.38 460.33 488.35 569.05 598.05 651.81 574.83

537.50 637.50 558.00 700.39 633.05

485.83 635.52 662.50 778.41 616.92

412.50 437.50 512.50 537.50 472.66

463.06 665.59 512.50 680.68 582.22

549.84 640.15 559.00 744.29 643.86

493.82 683.63

579.33 648.97 587.50 745.67 643.88

664.33 692.48 687.50 790.25 698.94

493.82 683.63

631.65 703.70

672.78 704.27

663.37 704.27

624.94 682.85

624.44 697.30

520.42 652.70

679.39 722.71

560.00 649.00 626.03

797.50 625.97

923.61 702.77

813.41 707.75

833.68 708.53

862.90 673.15

835.38 682.97

793.76 617.07

851.59 725.07

Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath

691.67 533.09

Two bed, two bath Three bedroom All

Douglas

2011

4th

700.00 665.95

728.46 835.00 755.09 460.00 396.88

421.15

Efficiency One bedroom Two bed, one bath

390.13 450.00

Two bed, two bath Three bedroom All

Jefferson

395.83

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

562.50 637.50 620.00

797.50 625.97

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

3

2nd

3rd

4th

40% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

2006

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

3rd

4th

475.00 551.56 527.82 604.69 533.93

237.50 445.03 530.36 541.58 674.03 418.31

1st 515.86 532.89 538.48 582.28 537.77

2008

2009

2nd

3rd

4th

1st

2nd

3rd

584.46 607.33 538.48 610.66 580.37

312.50 606.17 605.36 520.34 637.61 495.85

237.50 497.38 627.03 694.53 637.50 446.54

237.50 449.45 593.79 566.81 648.94 422.27

237.50 468.59 638.25

237.50 469.62 527.21

386.31

371.50

371.50

371.50

418.00 483.00 409.95

418.00 483.00 409.95

418.00 483.00 409.95

4th

1st

2nd

662.50 712.50

644.34 646.76

237.50 468.59 638.25

399.54

668.88

644.93

386.31

371.50

367.25

376.00

418.00 483.00 409.95

418.00 418.00 399.55

428.00 495.00 418.23

2010 3rd

2010

1st

2nd

3rd

659.49 551.46 557.00 686.72 615.18

662.19 626.12 562.50 604.86 625.37

262.50 493.00 579.03 560.00 687.64 473.87

262.50 484.69 629.53

4th

1st

403.90

616.44 590.04 712.50 708.33 633.10

262.50 509.29 631.50 577.00 704.17 498.84

371.50

375.00

462.50

376.50

376.50

376.50

376.50

418.00 483.00 409.95

437.50 487.50 421.59

537.50 662.50 527.27

418.00 484.00 411.91

418.00 484.00 411.91

418.00 484.00 411.91

418.00 484.00 411.91

325.00 440.00

340.00 402.50

317.50 437.50

215.00 470.00

320.00 443.75

505.00 421.77

456.94

480.00 405.00

481.94 411.69

387.50 425.00

535.00 414.04 387.50 437.50

520.83 426.21 387.50 437.50

562.50 529.81

587.50 551.60

587.50 551.60

656.32 625.27 562.50 604.86 623.22

4th

512.50 637.50 612.79 487.50 587.50 662.50 787.50 575.87

312.50 454.17 525.00 525.00 460.33

362.50 369.64

412.50

426.97 415.23

454.89 447.98

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

4

520.83 488.89

2nd

3rd

4th

50% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent)

Market Area All Colorado Metro Areas

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

40.9 5.5 1.4 2.4 9.6 6.4 0.0 0.0 5.6 0.0 10.0 5.0 43.9 4.8 0.8 2.6 7.4 5.9

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

2006 3rd

All Efficiency One bedroom

0.0 0.0 3.4 3.2 1.8 0.0

Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

2.7 0.0 5.4 7.2 4.6 43.9 5.3 0.0 1.9 8.1 9.8

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

0.0 0.0 0.0

8.8 50.0 0.0 20.0 7.5

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

0.0 0.0 0.0 10.7 4.1

2007 2nd

4th

1st

0.0 8.4 8.8 3.2 4.2 6.3 0.0 6.3 14.5 0.0

6.6 9.3 8.2 8.2 6.7 8.1 0.0 7.3 7.9 0.0

5.4 0.0 8.5 11.8 0.0

7.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

6.7 6.8 10.6 10.3 9.7 7.2 9.3

9.3 0.0 3.0 7.3 5.4 5.8 4.7

2.6 2.5 16.7 3.8 3.7

0.0 0.0 4.1 6.5 3.6

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

26.7 17.6 16.5 2.1 15.2

4.1 8.6 10.4 2.2 6.5 66.7 7.6 11.4

0.0 13.3

5.4 2.8 3.5 6.8 4.3 12.3 2.4 11.3 7.0

2.0 5.1 13.4 1.0 5.3 0.0 3.3 6.6 0.0 4.2 4.3 0.0 3.5 9.9 1.4 7.9 4.9

10.2 11.4 6.5 9.2 4.5 6.9 7.9

0.0

0.0

0.0 0.0 0.0

9.5 0.0 2.7 0.0 3.3 7.0 2.9 11.9 5.0

0.0

13.2 6.3 10.8 15.0 11.8

10.0 4.1 7.8 5.2 5.6

3rd

4th

1st

11.6 10.4 9.4 5.2 7.0 8.7 0.0 8.7 15.7 0.0

3.6 6.0 8.3 3.9 7.5 6.4 0.0 12.0 9.3 0.0

9.2 5.0 8.0 3.4 5.7 5.7 0.0 10.5 15.9 0.0

10.1 12.2 11.6 8.0 6.3 6.0 8.9 0.0 0.0 0.0 1.9 4.1 1.8

9.4 3.8 5.9 8.6 3.8 7.4 6.4

2008 2nd

2009 2nd 3rd

3rd

4th

1st

5.4 5.1 7.5 5.5 7.3 6.2 0.0 8.9 9.9 0.0

4.1 5.4 6.5 8.6 4.7 6.0 0.0 7.8 16.4 0.0

5.1 6.3 9.7 5.8 3.5 6.7 50.0 7.6 15.8 0.0

3.8 8.5 8.7 5.4 4.5 7.2 0.0 21.9 19.7 0.0

7.4 7.8 10.3 5.0 6.0 7.7 0.0 15.3 18.9 0.0

11.2 9.4 4.7 7.6 4.0 5.3 5.6 20.0 1.4 2.4 3.7 3.3 3.0 0.0

8.4 6.0 4.6 7.8 5.7 7.9 6.4 20.0 2.4 2.0 0.0 0.0 1.7 0.0

9.7 3.8 5.7 5.9 9.4 5.1 6.2

9.9 4.1 6.4 9.6 6.2 3.7 6.7 0.0 4.2 2.8 0.0 0.0 2.8 0.0

4.3 6.4 13.9 5.6 2.8 7.5 0.0 8.1 14.0 0.0 30.0 9.9 4.1 6.5 14.2 6.0 3.0 7.6 20.0 6.0 3.2 1.8 0.0 3.9 0.0

19.4 3.9 7.0 8.1 5.3 4.5 6.4 0.0 2.4 5.8 0.0 0.0 2.8 0.0

8.3 10.7 3.2 2.9 11.1 1.1 4.2 5.0

11.3 0.0 6.1 4.2 6.9 0.0 3.9 10.3 7.5 4.3 6.3 9.7 2.7 9.1 2.3 3.6 5.9

8.3 11.8 5.7 14.7 10.5 0.0 6.2 7.9 7.5 3.3 6.0 5.7 1.6 8.1 2.2 4.4 4.6

3.4 10.8 3.6 1.1 3.8 0.0 3.4 10.0 1.4 2.6 4.5 3.8 8.0 7.1 2.0 3.8 6.2

2.7 8.1 8.5 2.1 4.5 0.0 5.4 7.5 0.0 0.0 3.7 4.0 4.2 21.9 2.0 2.9 8.7

0.0

2.1

2.1

14.3

4.8 0.0 1.4

9.5 16.7 5.4 25.0 10.4 3.2 6.6 5.3 7.7

9.5 16.7 5.4 0.0 4.9 7.4 1.3 11.3 5.1

0.0 16.7 7.3 0.0 5.5 8.7 9.6 16.2 8.1

4.5 5.0 7.0 7.7 5.5 20.0 10.1 23.9 11.6 8.5 13.0

4.5 5.0 7.0 7.7 5.5 0.0 13.7 18.5 8.8 6.6 12.6

23.3 6.3 6.5 10.8 14.3

4.3 8.2 0.0 2.0 2.7 0.0 6.6 6.0 6.2 13.0 9.7

3.2 1.0 0.0 1.6

6.7 0.0 3.7 3.3 5.3 23.1

6.5 6.0 5.0 7.0 7.7 6.1 30.3 0.0 8.3 0.0 16.4

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

1

4th

1st 12.9 7.6 6.9 6.2 4.9 6.9 0.0 12.9 18.9 0.0

15.9 5.2 7.0 10.0 5.4 5.8 7.3 0.0 9.1 16.6 0.0 10.8 10.6 0.0

6.7 7.5 10.2 7.8 7.5 8.1 0.0 11.8 15.8 6.1 0.0 12.4 0.0 6.9 10.4 8.5 7.6 8.0 0.0 8.7 14.1 5.9 2.7 9.1 0.0

4.9 3.1 4.3 0.0 3.5 0.0 2.2 14.0 0.0 4.3 5.1 4.2 5.6 6.0 6.3 4.3 5.3

6.1 13.2 3.4 7.3 6.6

5.0 50.0 9.8 0.0 6.8

3.2 5.3 3.1 3.6 3.4 6.4 4.4 4.4 1.8 4.4 4.3

3.4 15.8 3.2 3.6 4.9 0.0 2.5 6.3 4.9 11.3 5.4

5.4 22.2 7.2 5.6 6.7 0.0 8.8 6.3 3.1 1.8 6.2 0.0 2.6 3.2 2.2 0.0 2.2

4.5 5.0 7.0 7.7 5.5 0.0 14.3 15.6 8.8 9.4 12.5

3.8 4.0 6.0 7.7 4.6 0.0 9.9 14.6 10.2 5.3 10.2

0.0

0.0

0.0 0.0 11.0 12.0 11.6 8.5 10.9

0.0 40.0 11.6 8.9 10.2 8.5 10.6

14.5 14.3 7.2 5.4 7.2 4.4 6.4 20.0 7.2 3.6 5.9 10.8 5.8 0.0

2010 2nd 3rd

4th

1st

13.3 7.6 6.9 5.2 4.4 6.6 0.0 16.6 17.9 3.1 0.0 14.8 5.0 6.7 5.6 5.6 3.6 5.7 0.0 14.2 10.6 2.0 0.0 9.7 0.0

6.7 5.4 4.5 2.9 4.9 4.7 0.0 12.7 16.0 3.1 0.0 12.0 0.0 4.6 2.5 2.9 4.8 3.7 0.0 4.0 3.6 14.3 5.0 4.0 0.0

3.7 4.8 6.2 3.2 4.9 5.2 0.0 12.7 23.9 0.0 0.0 13.3 0.0 4.2 4.3 3.3 4.7 4.5 0.0 0.0 9.4 40.0 15.0 8.3 0.0

7.3 7.4 6.2 3.1 6.6 6.2 8.3 9.4 9.2 0.0 0.0 8.9 4.8 7.6 4.9 3.7 5.9 6.0 0.0 9.9 5.7 0.0 5.4 6.7 0.0

2.8 2.2 1.4 14.8 3.3

2.8 2.8 1.0 3.2 2.3

3.2 2.6 2.5 2.0 2.6

0.0 10.5 0.0 0.0 1.4 0.0 0.5 1.9 8.7 1.7 1.9

0.0 0.0 0.0 5.4 2.0 0.0 1.7 0.9 4.8 6.4 2.6

0.0 0.0 0.0 7.1 9.7 0.0 1.9 2.6 1.1 5.5 2.5

1.1 8.3 4.3 1.1 2.6 0.0 3.5 2.2 0.0 3.6 2.7 0.0 5.9 1.5 2.4 11.8 4.9

4.0 6.0 7.0 7.7 5.8 20.0 9.7 5.5 8.2 5.3 8.0

0.0

0.0

0.0

0.0 0.0 8.8 3.5 2.7 4.3 5.9

0.0 0.0 8.3 5.9 4.8 3.2 6.4

0.0 20.0 12.7 10.3 6.1 5.3 10.1

2011 2nd 3rd

4th

50% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2006 3rd 6.9 0.0 1.3 20.2 8.4

4th

1st

0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.0 3.8 2.8 8.9 5.3

2007 2nd

7.1 4.8 6.8 5.8

0.0

0.0 7.7

3.7 0.0 7.7 7.1 4.4

7.7 19.2 0.0 9.1 0.0 8.2

0.0 0.0 0.0 0.0

11.1 0.0 0.0 0.0 1.3

0.0 0.0 100.0 9.3 0.0 0.0 12.3 0.0 4.3 0.0

2.9

3rd

3rd

4th

1st

2009 2nd

6.7 0.0 8.3 0.0 4.1

3.2 0.0 0.0 12.5 2.1

0.0 2.9 10.0 0.0 3.2

0.0 0.0

0.0 4.8

0.0

0.0 3.6

0.0 0.0 4.0 0.0 1.0 0.0 0.0 0.0

0.0 0.0 0.0 2.7 1.0

0.0 6.7 0.0 0.0 1.0 12.5 0.0 0.0

5.0 0.0 8.0 5.4 5.2

0.0 0.0

5.0 0.0 4.0 2.7 3.1 0.0 4.3 0.0

0.0 0.0 0.0 0.0 0.0

0.0 3.3 0.0 0.0 0.0

0.0 0.0 14.3 0.0 6.7

0.0 0.0 14.3 6.7 6.7

0.0

0.0

3.0

7.5

4th

1st

0.0 5.4 13.5 9.4

0.0 0.0 0.0 14.0 5.6

0.0 4.5 0.0 2.4 1.7

0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 1.5 0.0 18.2 0.0 2.9

2008 2nd

0.0 0.0

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

2

3rd

4th

1st

0.0 3.8 0.0 0.0 1.8

0.0 0.0 7.1 22.2 5.5

0.0 0.0 0.0 0.0 0.0

0.0 0.0

0.0 0.0 50.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 25.0 7.1 0.0

5.0 0.0 0.0 2.7 2.1 25.0 0.0 7.7

0.0 2.6 0.0 5.9

0.0 0.0 0.0 5.6 0.0

10.0 5.0 0.0 5.6 0.0

0.0 5.3 25.0 8.3 0.0

9.1 5.8 0.0 0.0 0.0

5.3

4.4

4.4

8.9

0.0

0.0

2010 2nd

3rd

4th

1st

0.0 0.0 0.0 12.5 2.5

0.0 0.0 0.0 0.0

0.0 0.0 0.0 12.5 1.6

0.0 6.1 0.0 0.0 2.1

0.0 0.0 4.0 0.0 1.0 75.0 0.0 4.3 0.0 4.8 5.4 0.0 5.6

0.0 0.0 4.0 0.0 1.0 33.3 2.1 12.5

0.0 6.7 4.0 5.4 4.1 0.0 0.0 0.0

5.0 13.3 0.0 2.7 4.1 25.0 0.0 8.3

18.2 9.1 7.7 1.9 25.0 25.0 3.2 3.2 0.0 0.0 0.0 9.1 10.0 5.0 4.9 4.901961

18.2 7.8 0.0 2.8 20.0

5.0

4.4

2010 2nd

3rd

4th

50% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars) Market Area All Colorado Areas

2006 Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency One bedroom

Three bedroom All

Boulder/ Broomfield

Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

447.38

668.90 296.25 435.93 545.91 400.00 719.63 483.00 572.73 666.33 660.95 734.45 738.65 707.51

437.72 545.33 668.87 684.02 803.29 643.94 374.50 436.86 488.66 485.23 539.50 455.05 588.97 613.34 758.05 758.35 689.97 667.50

558.20 619.00 695.86 784.39 693.40

440.93 549.65 679.08 698.60 812.95 650.34 337.50 408.13 500.60 400.00 539.50 436.04 599.30 630.11 650.60 754.36 710.04 673.53 567.00 587.87 683.50 682.59 805.93 696.41 571.00

439.96 537.19 663.24 708.30 827.37 637.27 353.41 423.98 509.78 457.89 634.94 456.94 571.83 637.26 626.86 761.05 702.38 671.20 562.50 605.70 687.59 712.99 831.91 698.53 562.50

439.20 546.96 634.70 694.24 783.01 624.74 349.25 428.77 522.77 400.00 634.94 461.18 613.03 639.78 640.96 729.57 592.29 650.83

576.30 694.06 762.50 626.37 636.26

388.95 546.27 644.32 707.70 809.55 634.79 356.37 414.12 487.65 489.29 623.31 448.58 548.39 603.54 689.41 755.22 715.61 661.42 562.50 570.92 652.64 697.11 795.35 694.06

426.57 572.78 680.96 689.07 792.42 646.85 181.25 421.91 503.33 494.74 634.94 457.08 674.99 617.33 693.98 726.19 676.38 670.91 487.50 611.34 728.99 787.50 817.72 704.80 571.00

441.41 568.22 680.00 709.66 815.45 643.37 336.00 430.55 536.33 477.89 891.90 539.70 665.28 631.85 641.59 727.58 665.57 655.57 610.00 580.84 701.95 735.73 819.64 660.12 571.00

484.09 576.13 685.00 720.14 811.10 655.54 350.00 443.04 523.63 400.00 623.83 469.75 672.82 641.65 641.52 755.07 672.28 676.14 565.00 594.71 715.65 718.53 857.04 667.69 634.00

480.43 571.03 683.18 718.03 863.06 666.02 332.03 449.68 540.82 520.00 623.83 488.07 681.51 637.60 660.44 758.92 658.10 689.56 562.50 575.67 679.39 666.32 793.95 643.11 615.00

517.97 562.38 670.86 718.12 801.43 650.04 352.25 444.57 548.04 583.33 741.19 516.10 696.98 642.78 656.90 809.18 683.91 679.85 565.00 611.44 721.47 727.16 865.46 692.44 662.00

494.98 546.89 680.45 724.64 816.88 648.65 354.74 458.51 545.85 503.60 605.35 493.73 682.08 639.20 589.29 821.44 715.92 676.18 565.00 574.80 750.66 723.43 865.46 687.04 615.00

490.58 564.85 687.48 726.95 816.52 661.01 313.25 448.98 547.83 598.20 760.12 522.03 668.57 650.47 647.59 734.34 708.71 692.18 565.00 584.99 695.47 715.00 870.68 658.92 571.00

489.50 582.19 699.75 745.64 842.10 678.70 382.86 448.02 554.69 595.33 756.12 526.78 700.01 656.07 723.41 802.15 702.59 713.66 535.00 620.89 724.50 782.14 845.80 684.33 626.00

513.83 566.09 669.19 730.30 814.69 659.08 354.25 439.11 554.05 578.61 745.50 518.88 682.62 651.92 657.10 796.16 730.31 684.10 535.00 600.26 700.63 760.00 845.80 689.70 626.00

486.37 586.34 689.26 732.24 865.06 674.49 435.59 471.76 608.63 615.08 783.44 583.72 667.67 648.28 667.48 829.03 698.28 697.35 520.00 587.30 688.72 702.65 873.05 656.67 626.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

619.37 736.66 749.64 860.59 744.68

625.51 739.61 745.72 862.17 743.76 456.67 522.38 620.91

611.63 676.07 743.59 853.70 728.50

593.59 722.31 762.95 865.90 709.33 451.25 602.95 694.98 687.97 767.95 679.13 425.82 542.10 698.10 721.24 796.88 623.05

593.95 738.86 758.56 856.59 710.71 460.00 560.12 698.76 691.32 807.91 675.21 435.89 551.47 686.63 714.96 782.36 600.24

620.50 763.58 771.80 912.40 738.36 460.00 616.59 817.50 722.12 857.11 752.47 485.37 552.88 679.06 750.02 725.67 615.50

617.00 743.79 801.30 844.17 751.95

634.59 742.92 802.45 855.16 748.57

708.19 984.34 783.59 941.93 868.35 479.10 559.20 719.16 765.50 847.85 677.64

709.22 986.55 783.47 942.36 871.83 585.28 520.19 664.16 745.16 717.19 626.65

587.21 682.83 798.01 860.94 678.62 460.00 587.09 735.01 780.11 954.79 760.98 508.89 545.65 683.15 782.72 761.09 652.50

598.08 765.82 799.81 878.93 694.83

1039.00 957.04 436.41 540.67 704.94 717.00 803.59 619.21

609.97 703.23 747.52 860.89 720.00 437.50 574.06 673.10 734.00 739.89 851.24 1073.00 712.87 884.67 442.30 491.23 534.15 587.68 697.90 880.92 717.27 804.32 623.39 566.22

571.50 779.00 779.10 899.75 647.62

565.61 381.90 580.27 707.95 851.92 840.66 653.16

617.98 752.10 727.50 861.66 724.76 457.00 557.69 667.50 735.75 843.93 682.34 433.47 538.28 713.51 713.62 794.32 629.25

589.16 767.78 793.83 919.08 737.53

637.50 787.50 700.44 420.61 563.25 749.03 724.06 844.21 637.10

622.65 726.37 758.31 859.92 746.36 441.67 581.87 651.75 662.50 706.25 629.73 518.55 653.22 694.55 994.10 820.17 741.42

699.84 982.53 780.11 941.93 873.66 508.89 543.72 714.53 747.91 820.03 676.53

701.74 980.13 780.47 941.71 866.45 529.64 588.24 719.31 814.14 844.12 699.72

757.22 962.50 777.66 951.04 879.98 634.17 521.04 650.42 745.30 727.16 613.54

615.18 813.14 797.70 928.59 752.58 466.50 589.64 713.88 793.59 954.20 719.59 604.33 583.47 723.20 749.45 842.66 681.78

606.00

786.10

891.41

768.54

752.93

619.00 741.00 856.00 716.17 517.80 595.86 703.03 712.50 841.54 666.09

862.50 530.00 614.98 701.13 736.20 828.16 684.03

237.50 540.00 611.67 699.66 717.64 836.94 679.67

537.50 662.50 787.50 987.50 676.00 520.00 634.60 718.49 717.64 857.63 694.62

852.88

712.50 837.50 748.31 537.50 597.32 701.40 715.28 839.32 678.73

682.61 676.75 726.75 862.50 700.43 530.00 604.63 695.45 666.53 872.05 669.91

825.00

722.00 830.00 760.32 537.50 582.05 649.38 650.70 833.08 644.08

682.61 676.75 726.75 862.50 700.43 496.20 614.36 720.02 716.89 817.38 685.49

822.88

722.00 830.00 838.36

682.61 676.75 726.75 862.50 700.43 510.00 610.74 716.86 712.74 824.83 683.72

237.50

722.00 830.00 771.47 537.50 584.01 776.34 729.64 821.82 680.13

682.61 676.75 726.75 862.50 700.43 510.00 625.15 736.88 643.78 774.71 669.85

862.50

722.00 830.00 698.20

822.88 510.00 622.01 733.29 715.14 846.57 690.57

825.00 513.80 615.00 700.19 722.06 839.97 680.541

852.88 496.20 628.43 737.64 728.19 867.10 697.83

634.56 702.50 764.22 864.92 753.13 466.07 597.50 712.50 579.81 654.09 766.16 750.68 776.23 732.91 247.87 599.91 642.67 731.84 811.15 606.82 611.68 462.50 712.50 850.00 656.04

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2011

1st

418.49 535.40 648.14 684.39 765.95 633.83 345.83 419.68 517.37 472.62 659.59 464.39 494.40 608.68 642.03 772.56 708.53 663.26

Efficiency One bedroom

2010

4th

382.15 574.67 654.33 729.96 801.11 664.46 361.56 454.51 582.57 380.00 621.33 473.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Efficiency One bedroom

2009

3rd

Two bed, one bath Two bed, two bath

2008

248.30 596.60 677.84 686.97 761.90 668.50 254.17 594.64 681.94 387.50 864.92 700.95 618.75 609.86 621.27 727.03 759.90 681.72

Efficiency One bedroom

2007

537.50 662.50 697.79 742.86 705.74

633.33

554.17 697.57 672.14 786.56 643.61

578.55 657.71 794.61 797.88

557.35 644.69 664.97 777.26 630.13

578.20 669.39 714.34 773.68 693.59 570.00

799.00 902.00

577.22 694.57 825.08 659.31

623.25 676.75 726.75 862.50 683.35 595.00 712.00 637.50 721.00 650.19

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

3

2nd

3rd

4th

50% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

2006

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

3rd

4th

1st

571.12 622.92 639.83 719.05 655.60

571.00 615.00 736.00 852.00 669.00 478.00 696.00

562.50 590.38 649.35 745.94 679.34

521.60 512.50

553.24 678.57 697.12 851.79 668.01

512.50 422.12 512.50 462.50 547.18 494.01

528.00 627.00 724.00 658.03

495.83 522.12 512.50 646.80 595.50

2nd

2008

2009

2010

2010

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

587.50

487.50

596.43 655.49 773.14 709.18

531.85 593.93 617.50 531.25 573.14

636.69 659.64 700.00 687.50 663.03

645.00 632.52

630.54

687.50 637.16

651.00 639.02 683.93 690.28 660.15

659.50 613.27 652.00 732.06 647.61

661.83 656.94 683.93 709.72 672.98

665.00 653.42 655.00 750.00 675.03

663.50 624.67

685.96 763.35 712.45

612.43 634.95 741.67 687.50 655.27

641.00 621.57

650.15 776.33 706.72

613.17 663.71 659.22 776.54 704.06

637.50 633.45

556.25 654.39 644.64 687.50 624.32

603.36 675.39 715.38 757.94 672.24

799.00

803.00

858.00 843.70 362.50 421.80 447.86

863.00 848.45

461.71 652.18 539.00 775.88 627.83

447.60 678.40 539.00 752.73 623.24

349.00 474.00

349.00 474.00

447.60 678.40 539.00 785.16 635.61 368.75 401.84 474.00

443.80 679.10 539.00 785.16 634.93

349.00 474.00

447.60 678.40 539.00 785.16 635.61 287.50 325.99 474.00

349.00 413.00

420.00 438.00

901.00 885.48 490.00 435.50 459.59

447.50 697.23 512.50 815.54 643.26 495.00 467.32 498.82

467.50 708.90 587.50 823.65 671.61 495.00 468.13 495.85

452.80 750.13 541.00 885.78 686.67 375.00 417.08 504.13

452.80 750.13 541.00 885.78 686.67 510.00 497.88 501.62

452.80 750.13 541.00 885.78 686.67 510.00 432.71 496.54

473.00 425.47 366.07 370.48 447.50

473.00 397.96 362.50 367.11 481.67

473.00 397.96 362.50 366.77 487.50

473.00 351.13 366.07 373.06 449.17

473.00 412.80 341.07 371.94 427.50

473.00 382.71 373.21 381.94 467.50

502.00 455.79 362.50 362.50

502.00 436.21 362.50 369.44 492.50

538.30 462.69 362.50 368.75 487.50

548.45 492.66 362.50 368.75 487.50

548.45 494.12 368.75 368.75 497.50

374.33

374.72

389.37

381.16

400.19

362.50

382.50

381.39

381.39

383.06

548.45 451.85 375.00 438.71 497.50 646.59 737.50 520.10

535.95 507.80 362.50 439.52 522.50 646.59 737.50 521.32

529.14 474.59 368.75 368.75 497.50

386.78

473.00 397.96 387.50 427.43 479.17 576.14 687.50 495.59

452.80 702.13 541.00 812.14 651.15 510.00 455.44 482.43 525.00 582.64 501.16 368.75 368.75

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

4

454.00 679.33 551.00 790.03 642.02 477.00 444.30 438.00

452.80 684.00 541.00 786.46 638.56

837.00

368.75

383.06

2nd

3rd

4th

60% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area All Colorado Metro Areas

Apartment Type

4th

1st

3.7 4.0 5.6 6.9 5.3

13.3 5.6 4.3 7.1 5.0 5.8

16.3 5.9 6.3 6.8 5.6 6.4

9.5 0.0 13.9

8.3 5.4 3.1

12.6

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

2006 3rd

3rd

4th

1st

5.4 4.7 7.0 7.4 9.0 6.7 0.0 11.1 15.5 9.4

14.7 3.9 9.0 6.9 6.0 6.1 0.0 6.3 20.8

6.8 14.8 11.0 6.7 3.3 9.4 0.0 16.7

6.0 13.3 5.9 5.6 8.1 3.9 6.3 15.4 14.7 9.1 12.8 8.5 12.5 50.0

8.3 5.1 4.5 0.0 5.2 16.3 5.9 7.1 7.2 5.6 6.7 26.3 11.2 12.5 8.1 3.3 9.7 50.0

17.3 4.0 5.0 6.1 7.3 5.5 0.0 4.2 0.0 0.0 1.3 17.6 3.8 3.4 6.2 6.1 4.9 18.4 7.4 2.7 4.8 12.3 7.0 50.0

13.4 5.5 4.3 4.6 8.0 9.5 6.2 0.0 7.5 7.4 7.9 9.4 7.6 0.0

14.7 14.9 3.6 4.9 7.7 4.6 5.0

8.0 11.6 9.4 2.4 7.7

7.1 5.8 11.6 3.1 7.4

3.8 4.0 8.2 5.1 5.4

2.7 2.5 1.6 1.6 2.0 8.8 1.2 1.4 1.5 4.3 1.9

1.3 0.0 1.6 1.6 1.3 14.1 4.2 4.9 5.0 12.0 5.6

0.0 4.5 0.0 0.0 1.0 14.7 3.1 4.5 3.2 0.0 3.5

7.4 7.6 11.5 8.2 6.7 6.2 11.9 4.3 9.5 6.7

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

3.2 2.9 2.3 3.9 3.2

All Efficiency One bedroom

3.5 4.3 1.5 6.2 4.3 1.6

Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

One bedroom Two bed, two bath Three bedroom All

Two bed, one bath Two bed, two bath Three bedroom All

4th

1st

2010 2nd 3rd

4th

1st

7.4 7.3 9.3 10.2 8.3 8.6 0.0 2.1 15.4 5.1

24.6 6.9 7.5 9.8 9.8 8.6 19.0 5.7 6.6 9.5

6.4 3.9 6.7 4.9 6.6 5.5 0.0 6.1 8.7 1.5

10.5 3.7 7.9 7.2 7.6 6.2 37.5 12.0 9.1 1.5

11.8 4.4 4.4 4.4 5.6 4.8 12.5 5.7 6.4 5.0

9.2 2.0 5.0 8.0 7.0 5.1 0.0 2.5 5.0 5.0

9.6 4.8 5.3 7.6 4.8 5.6 10.0 7.6 3.4 6.6

5.4 7.5 7.6 9.3 11.0 10.4 9.1 5.4 16.2 6.6 14.3 7.1 11.7

8.1 27.5 7.2 8.8 8.8 8.3 8.6 28.9 18.6 12.7 7.6 2.0 13.7

6.5 7.1 3.8 6.5 5.2 4.7 5.1 13.2 4.4 7.2 6.5 2.0 6.1

8.0 7.4 3.4 6.8 6.0 5.4 5.0 5.3 5.6 8.5 7.1 0.0 6.3

6.4 11.8 4.4 2.6 3.9 4.8 4.2 13.2 6.8 2.4 5.1 6.7 5.6

5.3 10.3 1.9 5.0 7.0 6.0 4.5 5.3 1.1 8.3 18.3 13.3 9.1

5.4 9.5 4.7 6.0 8.5 4.9 5.9 8.1 6.1 7.6 6.1 7.1 6.8

7.8 8.5 11.0 10.7 9.2

11.0 10.7 10.7 8.9 10.5

5.7 10.9 9.3 12.5 7.9

4.1 8.9 2.1 3.3 4.1

3.0 11.4 2.3 3.3 4.1

5.3 1.2 3.1 3.2 3.7

1.1 2.6 1.8 3.3 1.9

6.1 2.0 7.8 1.6 5.2

3.8 3.6 7.9 9.1 6.4 0.0 4.0 7.3 7.9 3.6 5.3

4.2 2.4

0.0 9.8

4.1 5.8

0.0 4.9

2.1 2.5

2.1 2.5

1.9 3.6

3.4

4.5 0.0 2.1 4.7 5.1 10.6 4.1

5.0 0.0 2.5 6.0 4.5 1.9 3.4

2.2

2.3

2.3

0.0 3.6

2.0 3.0 7.0 0.0 2.9

2.1 2.4 3.4 4.8 2.7

0.2 7.3 5.2 4.8 3.0

0.9 4.2 10.0 5.1 4.1

11.1

12.0

12.0

0.0

22.8 0.0 15.1 3.3 17.0 10.4 11.5 13.7 14.5

2.5 0.0 4.7 10.0 5.9 3.3 4.9 5.8 5.5

2.5 0.0 4.7 16.7 3.9 4.3 7.7 7.7 5.9

10.0 5.0 5.9 11.5 8.9 8.2 8.2 5.8 7.9

3rd

4th

1st

1.7

6.5 7.3 8.6 8.7 5.5 7.9 0.0 16.7 11.1 6.3

0.0 7.5 7.8 7.8 7.5 7.4 0.0 12.5 20.2 10.1

8.3 6.7 11.2 10.0 9.6 8.9 0.0 9.7 12.8 10.0

16.2 6.2 15.5 10.1 7.0 9.5 0.0 0.0 6.7 6.0

9.0 4.1 16.7 7.5 8.0

4.8 6.9 15.9 12.7 7.9 3.4 11.0 8.1 5.9 9.4 6.4 2.1 6.1

9.2 6.5 7.4 7.3 8.7 5.7 7.8 8.1 5.1 8.3 6.5 4.3 6.3

12.7 0.0 8.0 4.8 7.1 6.9 6.6 0.0 0.0 0.0 13.5 10.5 8.5

11.8 8.5 6.3 10.4 10.1 9.6 8.5 5.3 3.3 9.7 12.4 8.0 8.6

4.5 16.4 6.6 18.6 10.6 8.6 10.3 16.2 7.7 10.0 8.8 12.0 9.7

4.9 6.2 9.9 11.3 7.8

6.4 7.3 4.8 2.3 4.9

7.3 2.4 6.9 0.8 5.4

8.8 7.9 7.9 5.1 8.0

14.7 4.2 4.1 8.3 8.9

6.5 3.4 8.2 8.3 6.7

1.9 1.7

0.0

1.8 40.0 1.7 2.3 4.7 2.9 3.0

0.0 24.3 2.5 3.7 4.4 2.0 3.8

1.3 3.6 9.5 2.7 4.3 20.0 23.1 17.1 6.0 2.9 17.9

2.6 1.9 9.5 2.7 4.4 7.5 2.7 4.9 5.0 1.9 3.5

4.0 2.4 6.3 3.6 4.2 0.0 7.3 4.1 5.7 5.0 5.4

4.0 2.5 6.7 6.8 5.1 33.3 3.7 7.1 11.8 6.4 6.1

3.7

7.4

5.6

5.6

10.1 15.4 8.8

16.5 11.5 12.6 6.7 6.1 5.6 5.8 12.6 6.8

15.2 15.4 11.9 3.3 2.4 6.9 7.4 3.4 4.2

15.2 15.4 11.9 3.3 16.1 14.7 9.1 5.7 11.5

2009 2nd 3rd 4.0 5.8 10.4 8.9 9.7 8.2 5.1 8.1 2.9 0.0 6.4 3.4 6.3 6.1 14.3 6.2 9.1 9.1 9.1

1.4 1.4 0.0 1.4 1.4

33.3 50.0 0.0 28.6

3.6 4.9 4.5 9.3 4.6

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

3.1 0.0 2.6 4.8 3.7

Efficiency One bedroom

Douglas

2008 2nd

Efficiency Two bed, one bath

Denver

2.8 1.0 1.7

2007 2nd

7.3 0.0 2.5 3.8 4.4

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

6.3 9.1 3.1 0.0 4.3

10.6 14.3 6.7 0.0 8.2

2.6 1.2 8.3 0.0 3.5

0.0 4.6 7.1 7.8 9.0 6.1

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

1

10.0 11.5 20.2 10.7 15.4 13.3

20.0 9.0 43.6 14.0 10.3 16.8

0.0 0.0 0.0 0.0 0.0 0.0

10.0 6.4 14.7 15.3 12.2 11.4

4.2 9.5 17.0 7.5 9.3

0.0 4.9 5.5 8.2 8.3 7.0

10.0 5.1 6.9 8.7 11.5 7.3

2011 2nd 3rd

4th

60% AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2006 3rd 3.3 5.5 6.1 10.4 6.9

4th

1st

2007 2nd

3rd

4th

1st

7.5 11.5 5.9 7.7 8.0

0.0 0.0 5.1 3.1 3.5

4.4 5.9 6.4 7.2 6.5

8.0 10.4 6.4 11.8 9.0

6.2 8.9 5.6 8.1 7.0

5.9

0.0

0.0

2.9 3.5

4.3 3.5

4.3 3.5

0.0 0.0 0.0 6.5 4.7

0.0

5.8 0.0 14.3 0.0 5.3

0.0 7.7 25.0 0.0 3.0

0.0 0.0 0.0 16.7 1.8

0.0 0.0 0.0 33.3 3.5

11.1 0.0 0.0 7.1 5.0

0.0 0.0 0.0 6.9 3.3

0.0

2008 2nd

3rd

4th

1st

7.3 15.3 13.7 7.4 12.3

4.6 14.1 12.9 12.7 11.4

3.7 12.1 6.9 10.9 8.8

6.8 13.0 18.5 7.4 12.1

0.0 0.0 0.0 2.5 1.6

0.0 4.2 0.0 2.5 2.4

0.0 8.3 0.0 0.0 1.6

0.0 0.0 0.0 3.7 2.4

0.0 4.2 0.0 2.5 2.4

2.4 1.7 2.8 0.0 2.0

3.7 6.6 5.6 10.5 6.0

3.7 4.9 5.6 5.3 4.8

13.8 18.0 14.1 13.2 14.7

6.1 6.6 5.6 7.9 6.3

2009 2nd 0.0 8.3 11.1 4.9 5.6

3rd

4th

1st

8.2 9.6 16.7 7.4 10.3

9.6 5.4 16.4 9.9 9.9

4.1 3.2 5.2 5.5 4.3

1.4 2.3

0.0 12.5 0.0 14.8 11.9

0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0

5.9

2010 2nd

3rd

4th

1st

2.7 10.8 18.7 8.8 11.4

4.1 9.2 5.2 5.5 6.6

3.7 5.7 17.2 12.1 9.6

3.8 5.7 5.2 3.3 4.8

0.0 25.0 0.0 18.5 16.7

20.0 12.5 0.0 18.5 15.9

0.0 0.0 11.1 3.7 3.2

0.0 0.0 0.0 3.7 2.4

0.0 4.2 11.1 7.4 6.3

0.0 0.0 0.0 0.0 0.0

2.9 10.0 0.0 0.0 3.5

0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0

11.1

0.0

0.0

0.0

25.0

12.5

5.9

11.8 5.882353

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

2

2011 2nd

3rd

4th

60% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars) Market Area All Colorado Areas

2006 Apartment Type

Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Boulder/ Broomfield

One bedroom Two bed, two bath Three bedroom All

Two bed, one bath Two bed, two bath Three bedroom All

4th

1st

569.60 644.48 745.35 849.75 711.01

623.37 675.48 732.57 808.19 893.57 765.01 397.00 625.00 779.00

550.66 677.16 746.29 785.26 882.56 762.14 312.50 624.00

645.61 787.50 739.17 851.39 755.13 257.50 615.05 444.35 693.38 822.55 719.65 607.24 853.63 823.69 1009.98 865.53

643.50 636.98 779.98 790.70 793.00 747.04 903.24 873.35 762.40 761.40 709.10 710.44 511.04 670.77 680.10 687.31 740.96 804.14 832.31 813.96 743.63 749.54 401.54 400.00 571.18 574.68 616.10 695.53 820.65 774.60 1029.50 1010.23 728.34 724.00 420.00 443.00

643.94 702.19 795.81 874.74

733.64 295.00 678.00 812.00 812.00 933.00 782.01 718.00 632.66 698.54 811.10 840.86 746.72 400.00 586.46 678.62 818.59 946.17 722.53 460.00

925.00 775.47 687.33 729.54 694.78 818.39 842.64 784.65 673.18 733.16 805.00 914.54 806.70

724.00 849.00 759.76 687.33 717.33 693.88 799.07 837.47 778.25 595.00 675.69 765.85 843.04 954.87 801.50

2nd

2009 2nd

2010

3rd

4th

1st

539.22 508.47 636.92 591.25 719.45 617.41 785.00 772.26 860.95 812.44 729.83 687.74 342.07 336.00 704.00 664.00 843.00 684.80 843.00 749.08 971.00 835.63 809.36 760.26 650.00 741.91 726.19 743.69 695.34 344.25 799.71 783.16 820.38 769.48 757.76 698.88 587.50 475.00 680.96 711.52 764.73 636.59 837.43 886.21 957.69 1016.26 799.13 837.21

501.53 646.24 742.07 775.89 861.86 732.10 353.00 643.00 789.26 818.60 922.59 782.48 707.45 733.81 696.94 788.64 783.06 743.50 489.28 590.47 720.67 787.23 884.52 701.54

595.64 644.06 724.88 764.14 849.53 729.89 336.00 624.67 779.00 725.00 879.71 769.73 687.50 754.92 711.13 772.34 780.25 753.01 620.00 668.82 753.81 826.40 886.36 763.10

574.73 574.77 545.48 665.68 653.04 652.96 750.58 741.39 737.07 785.24 821.13 824.50 859.29 1058.31 901.53 741.21 774.00 750.49 301.55 406.76 573.60 684.00 587.00 657.91 829.69 735.02 695.81 756.18 758.08 692.99 1789.49 882.71 652.13 1067.26 746.16 615.26 675.00 749.58 693.33 706.25 706.27 714.97 815.33 814.50 787.50 812.36 822.39 733.03 760.85 753.42 612.50 618.49 625.00 616.30 653.86 688.62 745.50 765.00 840.56 872.98 701.71 1026.83 677.50 693.45 757.44

3rd

4th

1st

2011

2nd

3rd

4th

1st

587.08 574.91 660.25 664.64 751.32 757.79 799.60 839.10 904.24 922.53 754.26 766.90 688.69 672.62 705.30 731.00 794.88 747.52 881.84 876.00 941.43 889.86 828.02 813.47 689.95 631.21 736.94 729.36 714.88 722.35 774.03 813.71 819.35 817.79 760.50 765.67 608.75 614.28 718.00 669.26 772.56 706.33 896.72 892.33 1030.48 1054.27 825.87 780.26

532.66 669.62 761.57 792.98 895.83 756.90 687.50 696.97 790.05 795.25 900.05 809.39 624.53 745.41 685.23 814.16 815.47 762.60 535.72 616.66 700.64 768.76 867.43 678.41

543.24 679.34 767.75 830.21 942.98 778.22 688.56 712.12 833.64 815.67 933.53 827.78 595.00 732.19 691.03 870.10 823.17 773.76 535.72 634.42 746.43 759.49 867.43 697.75

539.90 674.75 759.12 810.54 920.02 766.55 557.10 673.82 746.36 828.48 924.85 786.39 620.00 741.47 694.76 901.89 844.06 781.57 543.11 610.79 705.51 775.92 883.86 682.85

593.85 627.02 635.40 631.28 666.26 671.93 737.75 711.81 859.41 854.73 820.78 786.76 1012.29 1013.45 1001.87 712.39 777.11 780.22 781.14

707.65 728.93 695.80 727.12 779.00 779.00 846.33 860.03 812.12 968.24 1068.33 1062.09 800.09 865.87 823.48

638.51 795.83 803.41 972.70 761.57

671.99 805.15 798.70 982.09 769.86

653.28 806.36 809.70 976.73 765.43

652.05 750.06 819.37 973.76 758.95

661.38 652.94 801.62 791.33 820.88 818.58 978.89 1048.38 773.42 749.56

625.87 734.20 795.49 946.60 725.63

631.60 751.06 804.73 945.45 732.96

669.30 797.61 828.37 980.40 776.43

734.39 775.90 918.29 1030.70 826.22

766.44 985.81 920.53 1151.89 896.22

622.34 738.31 745.39 848.49 759.03

643.37 746.08 1098.00

674.01 779.09 762.50 812.50 775.47 482.40 654.44 757.57 830.73 917.08 724.25

600.46 829.39 562.50 612.50 635.59 460.17 463.79 410.99 911.51 850.00 577.92

619.75 759.29 683.90 813.76 717.36 471.67 681.42 781.90 835.09 927.51 757.69

649.22 781.03 687.50 787.50 736.05 471.83 670.13 774.98 807.67 929.41 749.00

666.46 831.39

675.00 828.83

672.45 788.77

675.00 828.83

675.00 820.00

675.00 820.00

669.88 786.51

742.44

745.87 615.00 681.96 793.89 800.68 920.66 751.78

732.34 700.00 682.71 819.28 792.27 971.94 763.23

745.87

740.91

740.91

1342.00 732.33

688.66 694.45 862.43 843.66 872.99 858.15 986.46 1010.94 801.73 784.76

689.01 857.62 867.19 1026.43 793.80

682.75 799.75 856.95 959.00 781.42

753.00

749.00

737.50

749.00

896.00 887.50 1081.00 1087.50 896.29 890.44 487.50 514.00 673.06 662.15 765.89 737.83 815.19 757.12 927.40 957.38 759.96 747.9697

896.00 1028.00 883.82 522.12 659.42 744.57 804.62 960.32 761.14

429.92 349.47 862.50 865.88 519.57

662.36 820.00 647.00 799.00 736.96 699.00 709.16 802.61 733.83 879.49 743.69

662.83 808.13 637.50 787.50 728.76 661.82 704.51 819.55 811.95 903.69 753.21

590.28 653.64 662.50 762.50 641.87 694.76 709.09 837.69 816.78 921.93 758.89

698.39 1098.00 409.20 709.24 688.16 705.14 788.06 806.09 822.28 816.61 935.01 906.98 760.98 759.99

659.94 779.24 755.00 805.00 766.75 424.20 727.08 811.50 831.06 902.88 771.80

741.00

741.00

741.00

737.50

650.00 650.00 750.00 678.57

671.95 811.55 927.92 989.63 789.71

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

3rd

561.81 654.35 717.12 798.39 880.56 754.75 344.11 642.67 781.30 812.00 926.38 777.80 710.44 690.79 722.52 780.48 831.41 764.79 587.50 671.02 729.14 844.09 957.10 794.56 571.00

Efficiency One bedroom

Douglas

2nd 533.83

Efficiency Two bed, one bath

Denver

1st

561.70 648.11 726.22 771.77 868.96 735.55

Efficiency One bedroom

Arapahoe

4th

536.88 646.29 705.15 762.78 857.59 729.15

Efficiency One bedroom

2008

3rd

Efficiency One bedroom

2007

731.14 462.50 862.50 1012.50 840.54

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

630.21 685.23 704.08 976.79 692.84

641.17 839.00 708.21 941.00 699.34

741.00

883.00 883.00 883.00 883.00 887.50 903.00 1017.00 1017.00 1017.00 1017.00 1012.50 1042.00 856.69 856.69 856.69 856.69 857.00 874.79 537.50 562.50 525.00 525.00 562.00 618.21 622.11 588.14 634.29 633.75 625.11 771.05 739.08 667.31 705.71 726.42 743.61 759.36 769.38 717.35 839.05 756.57 738.18 921.95 868.54 852.62 932.38 906.57 909.76 723.21 719.51 707.78 742.17 730.68 728.98

525.00 646.30 742.88 763.12 929.85 740.09

525.00 653.94 757.44 766.67 923.65 743.00

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

3

599.00 665.59 751.23 767.61 921.15 752.70

0.00 0.00 0.00 0.00 0.00 0.00

537.33 654.71 734.43 815.89 932.96 755.73

689.48 711.00 807.55 918.11 754.38

525.00 658.03 736.15 812.79 932.96 756.26

499.00 682.83 756.31 772.57 927.15 754.56

2nd

3rd

4th

60% AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

2006

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

2008

2009

2010

2010

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

597.42 626.32 685.10 764.71 685.26

572.14 607.41 689.87 773.02 678.29

580.20 619.67 735.44 827.19 717.31

572.72 611.25 740.14 809.53 704.92

613.24 643.99 743.42 856.56 744.50

626.96 655.58 754.04 825.31 737.41

684.08 936.43 802.98 905.02 844.05

625.54 659.78 713.60 732.78 666.78

628.20 678.66 718.44 729.44 681.48

621.09 662.21 697.40 729.44 668.18

634.21 659.61 693.07 747.00 666.60

512.60 592.29 648.00 679.88 649.21

634.21 676.18 723.07 747.00 680.35

634.21 688.67 865.72 998.78 787.98

635.85 676.36 622.73 817.79 682.01

637.23 696.35 876.46 1011.20 796.70

642.15 688.23 627.16 823.07 689.73

644.56 706.93 880.90 1016.47 799.97

657.59 699.40 655.47 826.64 700.34

535.00

537.50

560.00

560.00

620.00 603.20

587.50 577.62

645.00 628.20

645.00 628.20

502.00 560.00 618.00 653.00 631.93

498.00 570.50 618.00 654.83 625.31

498.00 570.50 618.00 654.83 625.31

498.00 588.21 618.00 676.12 642.24

490.40 585.73 618.00 676.00 641.12

505.40 589.38 648.00 679.28 647.49

745.00 718.31

517.50 610.73 662.50 702.53 668.85

497.50 603.44 512.50 684.01 643.25

512.60 610.00 648.00 701.17 666.28

512.60 610.00 648.00 701.17 666.28

512.60 610.00 648.00 701.17 666.28

512.60 610.00 648.00 701.17 666.28

482.00 577.00 516.00 591.00 517.10

462.14 462.50 512.50 537.50 471.45

543.37 558.23 625.00 591.00 555.77

396.00 577.00 516.00 541.00 457.75

386.00 516.00 516.00 541.00 441.09

376.39 420.17 422.70 453.84 411.61

347.12 389.67 400.17 453.84 388.46

361.76 448.69 490.31 517.00 442.43

579.24 694.82 735.04 831.00 676.02

389.12 443.77 493.37 530.58 453.05

462.00 547.00 503.00 627.00 499.32

512.00 612.00 547.00 627.00 545.95

512.00 612.00 547.00 627.00 545.95

512.00 612.00 552.00 662.00 550.25

465.00 612.00 547.00 627.00 517.91

539.00 612.00 547.00 627.00 562.05

462.00 612.00 612.00 627.00 524.11

612.50

637.50

637.50

737.50

762.50

762.50

671.32

696.32

696.32

612.50

612.50 412.50 537.50 471.88 592.86 526.25

412.50 537.50 462.50 693.53 609.58

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

4

610.00

2nd

3rd

4th

80 % AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Dollars) Market Area All Colorado Metro Areas

Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath

2006 3rd 20.0 1.9 5.0 4.9 8.3 4.4 0.0 0.0 0.0

4th

1st

13.9 3.0 1.3 9.5 0.0 4.8 8.6 8.3 8.3 0.0

20.0 2.5 10.3 0.0 0.0 3.6

2007 2nd

3rd

4th

1st

3.1

4.3 9.5 7.1 4.0 3.6 6.5

0.0 4.5 6.1 0.0 7.4 4.4

13.6 7.0 5.3 0.0 8.2 6.6

25.0 25.0 0.0

0.0 0.0 0.0

0.0 0.0 2.6

0.0 0.0 0.0

0.0

7.6 55.6 3.5 0.0 10.1 0.0 5.1 0.0 0.0 0.0

7.1 20.0 0.0 6.3 0.0 0.0 5.8 0.0 0.0

0.0 0.0 2.4 3.2 0.0 0.0 2.3 0.0 0.0 2.5

1.8 4.3 10.1 6.9 5.4 0.0 6.8 0.0 10.0 2.5

0.0 0.0 3.4 5.3 0.0 4.3 4.0 0.0 0.0 5.0

0.0 13.6 2.7 5.4 0.0 8.9 5.5 0.0 0.0 3.9

0.0 0.0

0.0 0.0

0.0 1.6

0.0 3.2

10.0 4.8

6.3 3.4

0.0 4.0 3.1 5.9 0.0

0.0

2008 2nd

3rd

4th

1st

2009 2nd

3rd

4th

1st

2010 2nd 3rd

0.0 5.7 2.8 4.4 3.8 4.0

0.0 10.1 2.8 0.0 5.7 5.2

0.0 3.0 8.3 2.3 5.7 5.2

0.0 3.0 1.8 1.2 0.0 1.7

0.0 7.1 4.7 0.0 7.7 5.3

0.0 2.4 5.4 8.3 7.9 4.4

0.0 3.4 5.7 17.6 8.3 7.0

0.0 5.5 6.3 10.5 9.7 7.0

0.0 5.1 2.5 9.2 5.3 6.0

0.0 2.2 3.2 2.4 1.7 2.3

0.0 0.0 0.0

0.0 0.0 0.0

0.0 20.0 0.0

3.7 0.0 0.0

0.0 0.0

2.9 4.8 20.6

3.7 6.7 8.8

3.7 20.0 3.0

0.0 0.0 0.0

0.0 0.0 4.2 2.3

0.0 0.0 9.4 1.5

4.3 3.2 0.0 10.0 0.0

3.2 4.3 0.0 5.1 2.3

3.8 0.0 3.3 9.1 0.0 0.0 5.9

0.0 1.6

0.0 2.5

1.3 0.0 1.6 2.1 2.2 0.0 1.4 0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 2.3 4.2 0.0 2.9 2.2 0.0 1.8 2.4 0.0 10.0 1.6

9.8 0.0 0.8 2.3 0.0 5.9 1.5 0.0 0.0 0.0 0.0 0.0 0.0

6.5 0.0 1.8 5.7 23.9 7.0 6.3 0.0 2.4 6.2 23.9 8.8 8.3

6.6 0.0 6.7 3.5 16.7 10.2 7.9 0.0 10.6 2.4 17.4 8.8 10.0

0.0 0.0 50.0 0.0 11.1

0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0

0.0 0.0

4th

1st

33.3 0.7 2.3 5.3 5.1 1.7

11.1 2.8 2.6 1.2 2.9 2.5

7.4 6.7 0.0

0.0

0.0 0.0 0.0

0.0 0.0 5.7 2.9 16.7 5.7 7.3 0.0 13.1 0.0 17.4 0.0 11.3

3.9 0.0 1.4 2.9 33.3 1.8 2.0 0.0 2.6 2.5 33.3 2.9 3.2

0.0 0.0 0.0 2.4 33.3 3.5 1.3 0.0 0.0 3.7 33.3 2.9 3.2

0.0 0.0 1.0 2.1 0.0 3.0 1.1 0.0 1.8 0.0 0.0 0.0 0.5

0.0 0.0 0.0 0.0 0.0

0.0

0.0 0.0

0.0

0.0 0.0

0.0 0.0 0.0 0.0 0.0

0.0

0.0 0.0

0.0 0.0

Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

0.0 37.5 2.2 5.0 5.1 8.4 5.1

All Efficiency

1.8 0.0 3.8 2.5 3.0

One bedroom

0.0

Two bed, one bath Two bed, two bath

0.0

0.0

0.0

5.5

0.0

0.0

0.0

5.5

37.5 0.0 0.0

62.5 0.0 0.0

20.0 0.0 16.7

0.0 12.0

0.0 1.6

0.0 14.3

3.1 6.6 7.6 17.9 6.7

6.9

Three bedroom All

Boulder/ Broomfield

0.0

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

4.8 10.1 9.8 0.0 0.0 8.5

0.0 3.9 5.6 0.0 0.0 3.6

15.0 3.9 7.4 0.0 15.4 7.3

0.0 3.3 4.7

0.0 13.1 0.0

0.0 3.3 4.3

0.0 1.6 4.3

0.0 0.0 2.6

0.0 1.4 3.8

0.0 0.0 3.8

0.0 0.0 3.8

0.0 0.8 3.8

0.0 0.0

0.0 0.8 1.9

7.7 4.1

7.1 6.8

0.0 2.9

0.0 2.2

6.7 1.7

0.0 2.1

6.3 2.0

12.5 2.6

0.0 1.2

6.7 0.4

0.0 1.0

14.3 0.0

0.0 0.0

14.3 20.0

14.3 20.0

0.0 20.0

28.6 20.0

0.0 20.0

14.3 0.0

0.0 0.0

0.0 20.0

0.0 5.3

0.0 0.0

0.0 10.5

14.3 15.8

14.3 10.5

28.6 26.3

0.0 5.3

0.0 5.3

0.0 0.0

14.3 10.5

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

0.0 2.7 3.6 0.0 0.0 2.6

10.5 8.7

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

0.0 2.3 5.6 7.1 4.1

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

1

2011 2nd 3rd

4th

80 % AMI AFFORDABLE HOUSING VACANCIES BY APARTMENT TYPE (In Percent) Market Area

Apartment Type

Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2006 3rd

4th

1st

0.0 0.0 0.0 0.0 0.0

11.1 0.0 0.0 0.0 5.0

1.5

0.8

0.8

1.5

0.8

0.8

2007 2nd

22.2 25.0 21.4

0.0 0.0

3rd

4th

1st

12.5 33.3 0.0 50.0 15.8

75.0 66.7 0.0 50.0 47.4

75.0 0.0 0.0 0.0 31.6

2008 2nd

25.0 33.3 40.0 0.0 26.3

3rd

4th

1st

37.5 66.7 0.0 50.0 31.6

25.0 33.3 20.0 50.0 31.6

18.2 0.0 0.0 0.0 9.1

2009 2nd

12.5 33.3 0.0 100.0 21.1

3rd

4th

1st

0.0 22.2 100.0 0.0 50.0 28.6

0.0 33.3 0.0 20.0 50.0 23.8

0.0 22.2 66.7 0.0 0.0 19.0

2010 2nd

0.0 11.1 0.0 0.0 0.0 4.8

3rd

4th

1st

0.0 0.0 0.0 0.0 0.0

100.0 11.1 0.0 0.0 50.0 14.3

100.0 11.1 33.3 20.0 0.0 19.0

1.5

9.9

4.0

3.0

1.5

5.5

1.5

9.9

4.0

3.0 1.515152

5.5

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

2

2011 2nd

3rd

4th

80 % AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (In Dollars) Market Area All Colorado Areas

2006 Apartment Type Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Colorado Springs

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver Metro Area

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Adams

Two bed, one bath Two bed, two bath Three bedroom

Arapahoe

All Efficiency

2008

2009

1st

2nd

3rd

4th

1st

2nd

2nd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

425.00 536.62 608.19 519.06 697.22 539.74

621.25

574.57 571.14 698.42 548.59 762.77 619.21

580.23 544.24 694.29 549.56 770.00 598.56

576.82 577.57 691.33 529.12 752.73 643.74

505.63 504.95 654.75 519.22 777.69 593.01

452.81 541.67 678.36 484.06 770.43 620.48

463.75 643.90 761.92 544.85 804.87 722.90

463.75 533.13 649.99 661.06 780.68 617.49

463.75 645.41 648.69 682.79 782.38 656.56

419.09 542.61 660.56 644.76 802.86 627.71

701.22 562.36 698.41 666.90 791.24 659.79

557.35 657.84 691.51 671.78 791.06 676.85

576.76 568.50 711.98 679.30 813.74 654.99

589.38 677.18 676.79 605.63 708.79 673.91

476.67 676.18 627.64 529.87 714.30 664.73

752.22 746.06 729.83 649.33 817.67 737.09

406.25 525.00 477.18 450.00 472.98 577.58 602.48

443.44 546.32 521.92 450.00 508.61 581.21 613.08

584.00

443.75 530.15 506.00 450.00 503.83 702.39 612.35

537.50 441.30 516.67 514.93 420.00 501.60 450.00 450.00 489.24 482.22 623.36 618.06 643.11 670.38 1032.12

467.67 543.47 551.43 450.00 518.72 655.54 617.79 674.73

508.00 420.00 450.00 456.38 655.43 619.27 677.89

516.71 652.38 567.06 450.00 564.84 683.48 624.17 676.11

490.85 620.33 590.12 480.00 559.77 694.78 615.62 702.84

468.22 614.47 564.73 450.00 538.75 697.83 642.75 676.26

490.85 620.33 590.12 450.00 559.38 764.35 627.01 673.61

504.19 629.67 587.91 437.50 564.73 685.43 657.32 883.70

420.00

490.85 618.20 585.26

420.00 688.04 655.81 883.48

558.57 673.26 662.85 792.00

638.51 460.00 580.04 638.29 737.50 787.00 659.25

638.63 460.00 582.11 638.29 740.00 787.00 660.93

643.58 460.00 582.11 637.68 690.00 787.00 660.03

976.62 678.21 460.00 589.12 650.40 724.18 769.71 674.17

959.79 676.50 460.00 569.76 649.77 738.21 769.71 658.68

952.17 1026.47 675.69 733.55 460.00 460.00 582.99 504.47 654.06 583.73 735.87 712.50 802.00 628.53 663.16 575.19

715.26 460.00 497.37 583.73 712.50 628.53 573.48

1026.65 761.09 460.00 586.84 670.00 700.00 787.00 670.52

604.17 387.50 787.50 576.39

606.25 487.50 935.00 918.75 710.75

656.25 387.50 937.50 912.50 710.00

387.50 437.50 358.04 562.50 695.54 615.44 685.82 737.73 698.54 636.14 612.50 737.50 853.75 728.32

549.11 790.27

677.11 460.00 513.65 617.03 755.85 621.37

571.16 707.25 517.06 748.59

641.57

493.75 546.88 473.14 450.00 486.21 576.95 582.00 631.62

425.00 525.00 420.00 450.00 432.92

812.50 575.07 462.50 612.50

1068.82 669.69 460.00 529.00 619.00

737.50 631.62

746.00 619.84

604.76

1063.00 1112.41 648.84 677.72 460.00 460.00 529.00 529.00 619.00 619.00 764.00 622.74

764.00 622.74

420.00 450.00 485.33 577.26 612.35 601.93 495.00 1118.24 657.09 460.00 486.89 613.79

623.35 460.00 529.00 619.00

887.50 633.95 460.00 579.32 687.82

745.44 610.09

764.00 622.74

787.00 658.64

891.00

545.83 629.17 575.00 712.50 400.00 412.50 933.77 950.00 950.00 1033.38 1100.00 1056.25 691.77 661.11 713.75

1182.50

Two bed, one bath

587.50

587.50

582.00

579.52

587.50

587.50

582.00

579.52

387.50 526.39 587.50

400.00 435.00 653.00

425.00 597.83 700.00

887.50 513.50

780.00 532.47

812.50 534.80

612.50 662.50 762.50 862.50 685.82

705.39

Three bedroom All

Boulder/ Broomfield

2011

4th

433.99 559.02 640.13 854.34 765.71 632.59 437.50 500.00 637.50 400.00 430.00 482.10

One bedroom Two bed, two bath

2010

3rd

315.83 564.91 656.84 725.00 870.24 660.03 233.93 412.50

Efficiency One bedroom

2007

1182.50

656.25

625.00 400.00

562.50

656.25

762.50 580.36

737.50 606.25

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Denver

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Douglas

585.48 592.25 588.50 600.17 625.97 625.97 776.86 800.48 804.15 1250.00 1250.00 1250.00 805.68 824.00 814.77 679.70 698.38 698.40

520.83 509.43 690.26

451.79 508.20 690.26

464.29 508.20 688.11

464.29 508.20 688.64

400.00 500.00 699.77

816.00 554.13 812.02

575.71 639.13 790.69

598.21 570.11 802.64

607.86 819.89 836.35

811.64 721.79

890.00 821.67 817.23

814.77 605.47

821.04 594.70

799.53 600.24

799.53 600.42

838.33 604.02

865.73 692.55

846.09 707.37

815.69 678.81

864.00 815.39

864.00 801.93

864.00 824.26

569.64 637.50

595.71 675.00

591.43 675.00

591.43 675.00

590.00 675.00

600.00 675.00

715.00 725.00

587.86 675.00

601.25 675.00

547.86 675.00

737.50 649.34

775.00 682.63

775.00 681.05

775.00 681.05

775.00 680.53

775.00 684.21

850.00 767.37

775.00 679.74

775.00 673.2954545

775.00 665.00

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

Jefferson

644.29 601.47 778.06 1250.00 814.77 689.51

894.38 798.95

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

562.50 662.50 737.50 962.50 714.37

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

3

2nd

3rd

4th

80 % AMI AFFORDABLE HOUSING AVERAGE RENTS BY APARTMENT TYPE (CONTINUED) (In Dollars) Market Area Fort Collins/ Loveland

Grand Junction

Greeley

Pueblo

2006

Apartment Type

2008

2009

2010

2010

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

502.00 625.00 625.00 769.00 596.00

537.50 587.50 612.50 662.50 582.50

502.00

502.00 625.00 625.00 769.00 600.95

502.00 625.00 625.00 769.00 600.95

502.00 625.00 625.00 769.00 600.95

502.00 625.00 625.00 769.00 600.95

502.00 625.00 625.00 769.00 600.95

512.00 669.00 669.00 669.00 608.16

545.64 662.00 662.00 813.00 628.14

545.64 662.00 662.00 813.00 628.14

545.64 662.00 662.00 813.00 628.14

495.00 537.89 662.00 662.00 813.00 624.90

495.00 537.89 662.00 662.00 813.00 624.90

510.00 537.89 662.00 662.00 813.00 627.05

588.00 662.00 662.00 813.00 659.00

510.00 536.11 662.00 662.00 813.00 626.29

510.00 555.67 662.00 662.00 813.00 634.67

512.50

521.00

537.50

512.50

521.00

537.50

3rd

Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All Efficiency One bedroom Two bed, one bath Two bed, two bath Three bedroom All

2007

625.00 563.00

630.00 630.00

512.50

735.00

512.50

512.50

753.00

512.50

735.00

512.50

512.50

753.00

Rents are based on the units being unfurnished with tenants paying electricity and gas. Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts. Average rent minus rental losses equals effective rent.

4

2nd

3rd

4th