Property prices for rent in Fallon (Nevada)
The rent prices in real estate in Fallon, in the Nevada 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 Fallon has had a strong fall during the last 6 months. In July, the average price per sq.feet was $8.63. In the following month the price per sq.feet fell considerably to $1.17. The price for the following two months in (September, October) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has had a considerable rise of 170 % 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 $3.03 to $5.14 during November, and December.
When referring to the price in Fallon (cities), this has fallen in the last 6 months. The average price for July is $1,406. During August the price had a slight fall till $1,331. In the following two months the average price has hardly changed with regard to the previous two months from $1,368.5 to $1,345.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,357 to $1,132.5, which means a 83 % 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 $1,411 they are 42 % more affordable than the average price for Fallon . The properties with the lowest average price have 2 bedrooms, Their price is 19 % more affordable than the average. After that we have properties with 1 bedroom priced at $816.
According to average price per property type in Fallon, "" priced at $1,137 is 19 % lower than the average price ($1,411) in this city.
