The rent prices in real estate in Layton, in the Utah region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Layton has risen during the last 6 months. In November, the average price per sq.feet was $1.35. In December this price barely changed remaining at $1.41 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.38 to $1.47 per sq.feet. The price per sq.feet has risen 110 % 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 $1.42 to $1.57 during March, and April.
When referring to the price in Layton (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,856. In December This price remains at $1,871. During the following two months (January, February) the average price fell 95 % 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 95 %, going from $1,813.75 to $1,719 in March and April.
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 $1,737 they are 19 % more affordable than the average price for Layton . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,799.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.2 / sq.feet, with an average $1.58 / sq.feet price in Layton. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.61 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,737 it is 25 % more affordable than the average price in Layton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,933 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.41 / sq.feet followed by "Townhouse" priced at $1.49 / sq.feet. "Apartment" is the most expensive type of property with a $1.59 / sq.feet value followed by "Condo" with an average price of $1.55 / sq.feet.