The rent prices in real estate in Deadwood, in the South Dakota 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 Deadwood has had a strong fall during the last 6 months. In October, the average price per sq.feet was $6.59. In the following month the price per sq.feet rose considerably to $8.26. The price for the following two months in (December, January) had a considerable fall of 15 with regard to the previous two months. The price per sq.feet has had a considerable fall of 24 % 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 $4.28 to $1.03 during February, and March.
When referring to the price in Deadwood (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $13,294. During November the price went through a considerable rise reaching $17,258. During the following two months (December, January) the average price had a considerable fall of 7 % 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 $8,134.75 to $1,044.5, which means a 13 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,140 they are 66 % more affordable than the average price for Deadwood . The properties with the lowest average price have 1 bedroom, Their price is 19 % more affordable than the average. After that we have properties with 2 bedrooms priced at $395.
According to average price per property type in Deadwood, "" priced at $385 is 66 % lower than the average price ($1,140) in this city.