Property prices for rent in Durango (Colorado)

The rent prices in real estate in Durango, in the Colorado region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,500.5
Average price last 6 months
$1.23
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Durango has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1.5. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (April, May) fell 94 % with regard to the previous two months. The price per sq.feet has risen 105 % 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 $1.21 to $1.27 during June, and July.

Average price

When referring to the price in Durango (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $1,447. In March This price remains at $1,420. During the following two months (April, May) the price has had an average rise from $1,433.5 to $1,635.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,534.5 to $1,432.5 in June and July.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,199 they are 19 % more expensive than the average price for Durango. Following this ranking we find those properties with 3 at an average price of $1,584. The properties with the highest average price have 4 bedrooms, Their price is 94 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,618.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.37 / sq.feet price in Durango. The properties with the most expensive average prices have 4 bedrooms. They are 3915 % more expensive than the average followed by properties with 3 bedrooms with a price at $5 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,199 it is 12 % more expensive than the average price in Durango. "Commercial" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Commercial". At a price of $1,394 it is 18 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $11 / sq.feet followed by "House" priced at $21 / sq.feet. "House" is the most expensive type of property with a $21 / sq.feet value followed by "Commercial" with an average price of $11 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Durango
Number of properties used in region Colorado
$1,199
$1.37
154
150,444
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value