The rent prices in real estate in Boise, in the Idaho region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Boise has risen during the last 6 months. In December, the average price per sq.feet was $1.57. In January this price barely changed remaining at $1.52 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.54 to $1.67 per sq.feet. The price per sq.feet has risen 105 % 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 $1.61 to $1.7 during April, and May.
When referring to the price in Boise (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,908. In January This price remains at $1,879. In the following two months the average price has hardly changed with regard to the previous two months from $1,893.5 to $1,881.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,887.5 and $1,858.5 between April and May.
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 $1,789 they are 24 % more affordable than the average price for Boise . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,228.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.38 / sq.feet, with an average $1.67 / sq.feet price in Boise. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.66 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,789 it is 30 % more affordable than the average price in Boise. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $1,820 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $1.7 / sq.feet followed by "House" priced at $1.76 / sq.feet. "Townhouse" is the most expensive type of property with a $145 / sq.feet value followed by "House" with an average price of $1.76 / sq.feet.