The rent prices in real estate in Blackfoot, in the Idaho 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 Blackfoot has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.19. In the following month the price per sq.feet rose to $1.26. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 43 % 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 $1.16 to $0.5 during February, and March.
When referring to the price in Blackfoot (cities), this has fallen in the last 6 months. The average price for October is $1,518. During November the price had a slight fall till $1,355. In the following two months the average price has hardly changed with regard to the previous two months from $1,436.5 to $1,481.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,459 to $1,227.5, which means a 84 % 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 $1,303 they are 53 % more affordable than the average price for Blackfoot . The properties with the lowest average price have 1 bedroom, Their price is 52 % more affordable than the average. After that we have properties with 2 bedrooms priced at $617.
According to average price per property type in Blackfoot, "" priced at $617 is 53 % lower than the average price ($1,303) in this city.