The rent prices in real estate in Box Elder, in the South Dakota 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 Box Elder has had a strong fall during the last 6 months. In July, the average price per sq.feet was $8.46. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (September, October) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $2.74 to $2.07 during November, and December.
When referring to the price in Box Elder (cities), this has risen considerably in the last 6 months. The average price for July is $1,500. During August the price had a slight fall till $1,422. During the following two months (September, October) the price has had an average rise from $1,461 to $1,545. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 358 % during the last two months.
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 $1,628 they are 48 % more affordable than the average price for Box Elder . The properties with the lowest average price have 3 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 2 bedrooms priced at $926.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $3 / sq.feet, with an average $0.79 / sq.feet price in Box Elder. The properties with the most expensive average prices have 1 bedroom. They are 406 % more expensive than the average followed by properties with 2 bedrooms with a price at $3 / sq.feet.
According to average price per property type in Box Elder, "" priced at $1,050 is 36 % lower than the average price ($1,628) in this city.