The rent prices in real estate in Lead, 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 Lead has had a strong fall during the last 6 months. In October, the average price per sq.feet was $10.79. In November this price barely changed remaining at $10.76 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 148 % 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 $5.39 to $8 during February, and March.
When referring to the price in Lead (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $21,120. In November This price remains at $21,100. During the following two months (December, January) the average price had a considerable fall of 5 % 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 158 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $34,098 they are 99 % more affordable than the average price for Lead . The properties with the lowest average price have 1 bedroom, Their price is 99 % more affordable than the average. After that we have properties with 2 bedrooms priced at $345.
According to average price per property type in Lead, "" priced at $345 is 99 % lower than the average price ($34,098) in this city.