The rent prices in real estate in Hurricane, in the Utah 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 Hurricane has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.07. In the following month the price per sq.feet fell considerably to $2.06. The price for the following two months in (December, January) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable rise of 126 % 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 $1.93 to $2.43 during February, and March.
When referring to the price in Hurricane (cities), this has fallen considerably in the last 6 months. The average price for October is $7,449. During November the price had a considerable fall till $4,685. During the following two months (December, January) the average price had a considerable fall of 32 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 143 % during the last two months.
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 $3,735 they are 73 % more affordable than the average price for Hurricane . The properties with the lowest average price have 4 bedrooms, Their price is 33 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,991.
According to average price per property type in Hurricane, "" priced at $2,166 is 42 % lower than the average price ($3,735) in this city.