Rents have increased in Mesa County for multi- and single-family housing, a new report confirms.

Median rental rates for the multi-family market rose 22.2 percent between the first and second quarters of 2022. Median rental rates rose 3.6 percent for the single-family market during that span.

Bray & Co. Real Estate released the rental report to add to the information the Grand Junction-based firm provides on residential and commercial sales. “With the release of this new report, we are excited to close the information gap on  the rental market for Mesa County,” said Michelle Urlacher, president of Bray & Co.

The report is based on information about the portfolio of rental property the company manages.

According to the report, monthly rental rates in the single-family market for the second quarter ranged from $1,040 for two-bedroom units to $1,800 for four-bedroom units. The median rate for all units was $1,450. Calculated on a per square foot basis, rental rates increased 3.27 percent from the first to the second quarters.

The increase in rents was more pronounced in the multi-family market. Monthly rates for the second quarter ranged from $1,050 for one-bedroom units to $1,600 for four-bedroom units. The median rate for all units was $1,100. Calculated on a per square foot basis, rental rates increased 20.7 percent from the first to the second quarters.