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 November, the average price per sq.feet was $1.84. In the following month the price per sq.feet fell to $1.73. The price for the following two months in (January, February) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.61 to $1.49 during March, and April.
When referring to the price in Columbia Falls (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,933. In December This price remains at $1,868. During the following two months (January, February) the average price had a considerable fall of 68 % 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 94 %, going from $1,594.5 to $1,495 in March and April.
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 $1,279 they are 14 % more affordable than the average price for Columbia Falls . The properties with the highest average price have 4 bedrooms, Their price is 232 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,287.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,279 it is 232 % more expensive than the average price in Columbia Falls. "Detached House" is seen as the second most expensive property type. The most expensive property type is "Detached House" followed by "". At a price of $4,246 it is 380 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Detached House with an average cost of $166 / sq.feet. "Detached House" at an average price of $166 / sq.feet has the highest price and would be directed at more affluent cities.