The rent prices in real estate in Boulder City, in the Nevada 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 Boulder City has had a strong fall during the last 6 months. In July, the average price per sq.feet was $10.11. In the following month the price per sq.feet fell considerably to $0.97. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable rise of 244 % 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 $3.28 to $8 during November, and December.
When referring to the price in Boulder City (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,663. In August This price remains at $1,594. During the following two months (September, October) the average price had a considerable rise of 126 % 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 $1,837 to $1,390.5, which means a 76 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,843 they are 24 % more affordable than the average price for Boulder City . The properties with the lowest average price have 1 bedroom, Their price is 24 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,399.
According to average price per property type in Boulder City, "" priced at $1,399 is 24 % lower than the average price ($1,843) in this city.