The rent prices in real estate in Great Falls, 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 Great Falls has had a strong fall during the last 6 months. In June, the average price per sq.feet was $6.15. In the following month the price per sq.feet rose to $6.64. The price for the following two months in (August, September) had a considerable fall of 16 with regard to the previous two months. The price per sq.feet has had a considerable fall of 29 % 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 $3.7 to $1.05 during October, and November.
When referring to the price in Great Falls (cities), this has fallen in the last 6 months. The average price for June is $967. During July the price had a slight fall till $861. During the following two months (August, September) the average price fell 94 % 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 93 %, going from $887.75 to $825 in October and November.
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 $727 they are 22 % more affordable than the average price for Great Falls . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 4 bedrooms priced at $968.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.74 / sq.feet, with an average $1.08 / sq.feet price in Great Falls. The properties with the most expensive average prices have 2 bedrooms. They are 1227 % more expensive than the average followed by properties with 1 bedroom with a price at $1.16 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $727 it is 27 % more expensive than the average price in Great Falls. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $924 it is 34 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $15 / sq.feet. "House" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.