There are 240 units at Rockwood Lodge, an apartment community in Coeur d’Alene that overlooks a pool.
Each and every one is occupied — and will likely stay that way for some time.
The situation is the same at many apartment complexes throughout North Idaho, where low housing inventory has created a competitive market not just for homebuyers but for renters, as well.
The community manager at Rockwood Lodge, who did not wish to be named, said a tight rental market means apartments can be hard to come by — and they tend to go fast.
“We have a lot of interest in all our apartments, just because of the lack of availability,” she said. “People like to rent sight unseen, months in advance.”
Once a unit becomes available, it can be snatched up within minutes, she said.
Rather than a waiting list, Rockwood Lodge maintains an interest list categorized by the type of apartment prospective renters want.
Rent for a one-bedroom apartment starts at $1,082 per month, while the most expensive three-bedroom apartments go for $1,539 per month.
Each person on an interest list is contacted by email when an apartment becomes available. Units are rented on a first-come, first-served basis.
On a daily basis, anywhere between 30 and 150 people contact Rockwood Lodge to inquire about rentals. The community manager said she had to follow up with more than 80 people on Tuesday alone.
“It can be difficult,” she said. “We’re as slammed as everybody else is.”
Rent is rising throughout Kootenai County.
A four-bedroom, 6,000-square-foot home in Post Falls was offered for $6,500 a month on Craigslist. A two-bedroom apartment in Spirit Lake was going for $900. New two-bedroom, 1,030-square-foot units coming up in Coeur d’Alene were being offered for $1,825. A two-bedroom, 830-square-foot rancher house in Coeur d’Alene had a price tag of $1,425 a month.
Some are frantically seeking a place to live but struggling with the cost.
“My 2 children and I are in desperate need of a house or apartment in the cda/Hayden/post falls area,” posted a single mom on Craigslist. “We just got notice that our landlord’s moving back into the house and we have until March 15th to vacate.
“Due to the influx of people moving here and the cost of rent skyrocketing we can’t find anything at all. We moved from Washington to the hayden/cda/post falls area around 10 years ago, and we couldn’t imagine living anywhere else. My kids have gone from elementary to middle school here.
“Please, if you have anything let us know?”
Another posted this:
“My family is currently getting ready to move out of our 1 bed 1 bath apartment and we need to upgrade. It’s myself, my fiancé, and our 14 month old daughter. I have good credit and have worked for an established company in CDA for the last 6 years. Very quiet and mature family looking for a new home. We have lived here our entire…
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