Multifamily vacancy rates in <br />the River Road/Santa Clara <br />area track multifamily <br />vacancy rates in Eugene <br />closely. <br />Vacancy rates have been <br />declining slowly and are lower <br />than they have been in at least <br />18 years. <br />The City of Eugene has seen <br />a significant amount of <br />multifamily development in <br />the past ten years. <br />Between 2008 and 2018, <br />Eugene permitted an average of <br />about 688 permits annually. <br />ECONorthwest <br />MULTIFAMILY VACANCY RATES, RIVER ROAD/SANTA CLARA AREA <br />AND EUGENE, 2000 TO 2018 <br />Source: CoStar, Market Rate Multifamily, January 2019 <br />10% <br />9% <br />River <br />Road/SCA <br />vacancy rate <br />3.3% <br />o rl N m�� co � ao rn o rl N m�� o ti ao <br />0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 <br />N N N N N N N N N N N N N N N N N N N <br />River Road/Santa Clara area Vacancy % <br />- - Eugene Vacancy % <br />HOUSING UNITS PERMITTED BY YEAR AND HOUSING TYPE, EUGENE, <br />FISCAL YEARS 2008 THROUGH 2018 <br />Source: City of Eugene <br />1,400 1,206 <br />1,200 - 1,004 <br />973 <br />1,000 - 882 896 <br />769 <br />800 610 <br />600 437 <br />400 273 250 272 <br />200 E M ■ N E . . . 1 <br />0 <br />oOb oma' ti� titi ti� ti� ti� ti� O ti(b yA ti'b <br />�9; �O <br />Apartments (in 5+ unit buildings) <br />Manufactured Homes <br />■ Missing Middle (2-4 units) <br />■ Single -Family <br />28 <br />201 <br />