The rent prices in real estate in Bellemont, in the Arizona region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Bellemont has had a strong fall during the last 6 months. In October, the average price per sq.feet was $75. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (December, January) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable rise of 154 % 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 $24 to $37 during February, and March.
When referring to the price in Bellemont (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $1,947. During November the price went through a considerable rise reaching $3,350. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,440.25 to $972.5, which means a 40 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,945 they are 14 % more affordable than the average price for Bellemont . The properties with the lowest average price have 1 bedroom, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,678.
With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % more affordable than the average price of ($28 / sq.feet) in Bellemont. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 62 % more affordable than the average value aforementioned.
According to average price per property type in Bellemont, "" priced at $1,678 is 14 % lower than the average price ($1,945) in this city.