GRAND FORKS (AP) - Officials say Grand Forks is experiencing its lowest apartment vacancy rates in at least 10 years, despite the fact that more contractors are building apartments.
The Greater Grand Forks Apartment Association cites a July survey showing that 4 percent of apartments in Grand Forks and neighboring East Grand Forks, Minn., complexes were vacant. That's down 3 percent from a July 2011 survey.
Association executive director John Colter said he's surprised by the drop. About 200 apartment units were added in 2012 and hundreds more were being built this summer.
"We can't explain it," Colter said.
Lifelong Grand Forks resident Aaron Castoreno tells the Grand Forks Herald he has been looking for about six months without success to rent a place near his children's elementary school.
"It sucks," Castoreno said. "Basically, you can't find anything, or it's gone right away."
Relief should be on the way. Documents from the city's planning and zoning department show that 168 units have been completed this year. Another 1,115 are under review, are under construction or already have been built.
"It's safe to say we've never done 1,000 units in a season before," Grand Forks senior planner Ryan Brooks said.