Property prices for rent in Colorado Springs (Colorado)
The rent prices in real estate in Colorado Springs, 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 Colorado Springs has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.17. In April this price barely changed remaining at $1.19 per sq.feet. The price for the following two months in (May, June) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 632 % 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 $1.14 to $7.18 during July, and August.
When referring to the price in Colorado Springs (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,595. During April the price had a slight fall till $1,500. In the following two months the average price has hardly changed with regard to the previous two months from $1,547.5 to $1,515.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $1,566 they are 23 % more affordable than the average price for Colorado Springs . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,724.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.7 / sq.feet, with an average $3.68 / sq.feet price in Colorado Springs. The properties with the most expensive average prices have 2 bedrooms. They are 31 % more expensive than the average followed by properties with 1 bedroom with a price at $3.56 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,566 it is 36 % more affordable than the average price in Colorado Springs. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,921 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.1 / sq.feet followed by "House" priced at $1.3 / sq.feet. "Townhouse" is the most expensive type of property with a $173.33 / sq.feet value followed by "House" with an average price of $1.3 / sq.feet.
