Property prices for rent in Fort Morgan (Colorado)

The rent prices in real estate in Fort Morgan, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,280.5
Average price last 6 months
$1.34
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fort Morgan has risen strongly during the last 6 months. In March, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.74. The price for the following two months in (May, June) had a considerable rise of 120 %. The price per sq.feet has had a considerable fall of 66 % 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 $1.51 to $1 during July, and August.

Average price

When referring to the price in Fort Morgan (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,196. In April This price remains at $1,249. During the following two months (May, June) the price has had an average rise from $1,222.5 to $1,285. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 17 % more expensive than the average price of $1,452 in Fort Morgan. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 17 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 2100 % more expensive than the average price of ($22 / sq.feet) in Fort Morgan. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2100 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Duplex" as the most expensive one. At an cost of $1,245 it is 14 % more expensive than the average price in Fort Morgan. "Condo" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Condo". At a price of $1,424 it is 17 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $8 / sq.feet followed by "House" priced at $22 / sq.feet. "Duplex" is the most expensive type of property with a $27 / sq.feet value followed by "House" with an average price of $22 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Fort Morgan
Number of properties used in region Colorado
$1,245
$1
66
169,856
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value