The rent prices in real estate in Cortez, in the Colorado region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Cortez has fallen during the last 6 months. In November, the average price per sq.feet was $1.46. In the following month the price per sq.feet rose to $1.57. The price for the following two months in (January, February) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 68 % 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 $1.46 to $1 during March, and April.
When referring to the price in Cortez (cities), this has risen considerably in the last 6 months. The average price for November is $1,938. During December the price had a considerable fall till $1,634. During the following two months (January, February) the average price had a considerable rise of 183 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,523.25 to $1,874.5, which means a 74 % fall.
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 $2,141 they are 73 % more affordable than the average price for Cortez . The properties with the lowest average price have 3 bedrooms, Their price is 59 % more affordable than the average. After that we have properties with 2 bedrooms priced at $767.
According to average price per property type in Cortez, "" priced at $880 is 59 % lower than the average price ($2,141) in this city.