CBRE | Hubbell Commercial's 2013 report on area apartment costs and vacancies is out and shows that in just a year the average monthly rent for a two bedroom apartment in the metro area has risen from $734.00 to $758.00. During the same period the number of vacant apartments for rent has fallen from 5.7% to 4.6% of the total market. These latest figures are bad news for low and moderate income families seeking affordable housing.