The rent prices in real estate in Jefferson City, 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 Jefferson City has had a strong fall during the last 6 months. In June, the average price per sq.feet was $4. In the following month the price per sq.feet fell considerably to $3.31. 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 37 % 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 $2.13 to $0.79 during October, and November.
When referring to the price in Jefferson City (cities), this has risen in the last 6 months. The rent price in June is $598, rising in July till $652. During the following two months (August, September) the price has had an average rise from $625 to $699. 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 $662 and $676.5 between October and November.
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 $675 they are 23 % more affordable than the average price for Jefferson City . The properties with the highest average price have 3 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 1 bedroom priced at $754.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.73 / sq.feet, with an average $0.86 / sq.feet price in Jefferson City. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.73 / sq.feet.
According to average price per property type in Jefferson City, "" priced at $517 is 23 % lower than the average price ($675) in this city.