The rent prices in real estate in Chelan, in the Washington 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 Chelan has had a strong fall during the last 6 months. In September, the average price per sq.feet was $2.32. In October this price barely changed remaining at $2.22 per sq.feet. The price for the following two months in (November, December) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $2.17 to during January, and February.
When referring to the price in Chelan (cities), this has fallen in the last 6 months. The average price for September is $2,025. During October the price had a slight fall till $1,900. In the following two months the average price has hardly changed with regard to the previous two months from $1,962.5 to $1,926.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,944.5 to $1,662.5 in January and February.
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 $1,718 they are 42 % more affordable than the average price for Chelan . The properties with the lowest average price have 3 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,083.
According to average price per property type in Chelan, "" priced at $1,601 is 7 % lower than the average price ($1,718) in this city.