The rent prices in real estate in Fallon, in the Nevada region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Fallon has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose considerably to $64.6. The price for the following two months in (May, June) had a considerable rise of 250 %. The price per sq.feet has had a considerable fall of 37 % 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 $57.56 to $21.23 during July, and August.
When referring to the price in Fallon (cities), this has risen considerably in the last 6 months. The rent price in March is $1,253, rising in April till $1,381. During the following two months (May, June) the average price had a considerable rise of 141 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 148 % 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 $2,358 they are 67 % more affordable than the average price for Fallon . The properties with the lowest average price have 2 bedrooms, Their price is 56 % more affordable than the average. After that we have properties with 1 bedroom priced at $770.
According to average price per property type in Fallon, "" priced at $1,045 is 56 % lower than the average price ($2,358) in this city.