Property prices for rent in Basalt (Colorado)

The rent prices in real estate in Basalt, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$2,763
Average price last 6 months
$84.46
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Basalt has risen strongly during the last 6 months. In May, the average price per sq.feet was $2.78. In the following month the price per sq.feet rose considerably to $77. The price for the following two months in (July, August) had a considerable rise of 159 %. The price per sq.feet has had a considerable rise of 290 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $51.69 to $150 during September, and October.

Average price

When referring to the price in Basalt (cities), this has risen considerably in the last 6 months. The average price for May is $2,281. During June the price had a slight fall till $2,104. During the following two months (July, August) the average price had a considerable rise of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $3,250 they are 47 % more affordable than the average price for Basalt . The properties with the lowest average price have 2 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,730.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 65 % more affordable than the average price of ($53 / sq.feet) in Basalt. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 65 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,250 it is 25 % more affordable than the average price in Basalt. "Farm" is seen as the second most affordable property type. The most affordable property is "Farm" followed by "House". At a price of $2,423 it is 12 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $53 / sq.feet followed by "Farm" priced at $65 / sq.feet. "Farm" is the most affordable type of property with a $65 / sq.feet value followed by "House" with an average price of $53 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Basalt
Number of properties used in region Colorado
$3,250
$150
66
124,524
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value