The rent prices in real estate in Columbia Falls, in the Montana 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 Columbia Falls has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.55. In October this price barely changed remaining at $1.6 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $0.79 to $0.5 during January, and February.
When referring to the price in Columbia Falls (cities), this has fallen in the last 6 months. The average price during our first sample month during September, is $1,538. During October the price went through a considerable rise reaching $2,067. During the following two months (November, December) the average price had a considerable fall of 64 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,480.5 to $1,349.5 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 $1,765 they are 35 % more affordable than the average price for Columbia Falls . The properties with the highest average price have 4 bedrooms, Their price is 147 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,333.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,765 it is 147 % more expensive than the average price in Columbia Falls. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Apartment" followed by "". At a price of $4,361 it is 261 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $199 / sq.feet. "Apartment" at an average price of $199 / sq.feet has the highest price and would be directed at more affluent cities.