Property prices for rent in Florence (Montana)
The rent prices in real estate in Florence, in the Montana 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 Florence has had a strong fall during the last 6 months. In October, the average price per sq.feet was $5.14. In the following month the price per sq.feet rose considerably to $6.29. The price for the following two months in (December, January) had a considerable fall of 9 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $3.11 to $2.5 during February, and March.
When referring to the price in Florence (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $11,196. During November the price went through a considerable rise reaching $13,896. During the following two months (December, January) the average price had a considerable fall of 10 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $6,893.25 to $6,064.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $10,785 they are 88 % more affordable than the average price for Florence . The properties with the lowest average price have 2 bedrooms, Their price is 87 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,284.
According to average price per property type in Florence, "" priced at $1,274 is 88 % lower than the average price ($10,785) in this city.
