The rent prices in real estate in Johnstown, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Johnstown has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $1.55. The price for the following two months in (December, January) had a considerable rise of 118 %. The price per sq.feet has had a considerable rise of 132 % 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 $1.38 to $1.83 during February, and March.
When referring to the price in Johnstown (cities), this has fallen considerably in the last 6 months. The average price for October is $3,085. During November the price had a considerable fall till $2,167. During the following two months (December, January) the average price had a considerable fall of 81 % 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 $2,379 to $1,794.5, which means a 75 % fall.
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 $1,812 they are 10 % more affordable than the average price for Johnstown . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,473.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.68 / sq.feet, with an average $1.86 / sq.feet price in Johnstown. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.68 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,812 it is 24 % more affordable than the average price in Johnstown. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,370 it is 52 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $8 / sq.feet. "Townhouse" at an average price of $8 / sq.feet has the highest price and would be directed at more affluent cities.