The rent prices in real estate in Clifton, in the Colorado 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 Clifton has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.14. In the following month the price per sq.feet fell considerably to $0.75. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.94 per sq.feet. The price per sq.feet has fallen 95 % 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 $0.94 to $0.89 during May, and June.
When referring to the price in Clifton (cities), there have hardly been any changes in the last 6 months. The average price for January is $873. During February the price had a considerable fall till $709. During the following two months (March, April) the price has had an average rise from $791 to $906. 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 $848.5 and $887 between May and June.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $840 in Clifton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 953 % more expensive than the average price of ($10 / sq.feet) in Clifton. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 953 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $911 it is 9 % more affordable than the average price in Clifton. "Detached House" is seen as the second most affordable property type. The most affordable property is "Detached House" followed by "Duplex". At a price of $826 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $9 / sq.feet followed by "Detached House" priced at $10 / sq.feet. "Detached House" is the most expensive type of property with a $10 / sq.feet value followed by "Duplex" with an average price of $9 / sq.feet.