Jackson Rental Rates Down In Second Quarter

 Jackson Rental Rates Down In Second Quarter

JACKSON, Wyo. (AP) - A new state cost-of-living report says average rents in Teton County were down in the second quarter compared with a year ago, but it's still the most expensive place to live in Wyoming.
The report released this week says the average monthly rental rate for a two- or three-bedroom home in the county dropped nearly 11 percent, or $206, to $1,675.
The rate for an average two-bedroom apartment fell about 8.2 percent to $1,219. Senior economist Justin Ballard of the state Department of Administration and Information tells the Jackson Hole News and Guide that it's probably a reflection of the downturn in the
economy.

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