The rent prices in real estate in Central City, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Central City has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.67. In the following month the price per sq.feet rose considerably to $2.27. In the following two months the price per sq.feet has practically remained the same, going from $1.97 to $2.07 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.02 to $2.08 during March y April
When referring to the price in Central City (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $2,317. In December This price remains at $2,383. During the following two months (January, February) the average price had a considerable fall of 77 % 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 $2,085 to $1,653.5, which means a 79 % 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 $1,615 they are 9 % more affordable than the average price for Central City . The properties with the lowest average price have 1 bedroom, Their price is 8 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,470.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $34 / sq.feet, with an average $2.06 / sq.feet price in Central City. The properties with the most expensive average prices have 1 bedroom. They are 2084 % more expensive than the average followed by properties with 4 bedrooms with a price at $34 / sq.feet.