The rent prices in real estate in Huron, in the South Dakota 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 Huron has had a strong fall during the last 6 months. In October, the average price per sq.feet was $5.4. In the following month the price per sq.feet fell considerably to $4.47. The price for the following two months in (December, January) had a considerable fall of 16 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $2.87 to $1.14 during February, and March.
When referring to the price in Huron (cities), this has fallen considerably in the last 6 months. The average price for October is $12,969. During November the price had a considerable fall till $10,549. During the following two months (December, January) the average price had a considerable fall of 6 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,216.5 to $925.5, which means a 15 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,069 they are 44 % more affordable than the average price for Huron . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 2 bedrooms priced at $862.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.11 / sq.feet price in Huron. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.14 / sq.feet.
According to average price per property type in Huron, "" priced at $597 is 44 % lower than the average price ($1,069) in this city.