According an article published in the Idaho Business Review yesterday apartment vacancy rate is up slightly to 9.5%. I personally see a wide variety of apartments for rent in the Boise valley. From high end luxury apartments with all the country club amenities to more basic (somewhat older units). From what I am seeing applicants on some of our units are moving down in price point and amenities. Prospective tenants are very budget conscious. As a result I see vacancies higher in the luxury market that the quality mid range and a bit higher in the low end (older) units as the mid priced and newer units have adjusted in price.