Property prices for rent in Elko (Nevada)

The price per sq.feet in Elko has fallen during the last 6 months. In October, the average price per sq.feet was $1.45. In the following month the price per sq.feet fell to $1.36. In the following two months the price per sq.feet has practically remained the same, going from $1.4 to $1.37 per sq.feet. The price per sq.feet has fallen 95 % 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 $1.38 to $1.32 during February, and March.

When referring to the price in Elko (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,133. During November the price went through a considerable rise reaching $1,491. During the following two months (December, January) the price has had an average rise from $1,312 to $1,470. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

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 $1,597 they are 39 % more affordable than the average price for Elko . The properties with the highest average price have 3 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,696.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.33 / sq.feet, with an average $1.31 / sq.feet price in Elko. The properties with the most expensive average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $1.36 / sq.feet.

According to average price per property type in Elko, "" priced at $824 is 48 % lower than the average price ($1,597) in this city.