The rent prices in real estate in Grand Junction, in the Colorado region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Grand Junction has risen during the last 6 months. In April, the average price per sq.feet was $3.15. In the following month the price per sq.feet rose considerably to $4.64. The price for the following two months in (June, July) had a considerable rise of 123 %. The price per sq.feet has had a considerable fall of 30 % 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 $4.35 to $1.31 during August, and September.
When referring to the price in Grand Junction (cities), this has risen in the last 6 months. The rent price in April is $927, rising in May till $1,029. In the following two months the average price has hardly changed with regard to the previous two months from $978 to $997. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $987.5 and $1,026 between August and September.
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 $1,023 they are 30 % more affordable than the average price for Grand Junction . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,317.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.3 / sq.feet price in Grand Junction. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.06 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,023 it is 24 % more affordable than the average price in Grand Junction. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $1,132 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $1.58 / sq.feet. "Apartment" is the most expensive type of property with a $33 / sq.feet value followed by "House" with an average price of $1.58 / sq.feet.