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 November, the average price per sq.feet was $5. In December this price barely changed remaining at $5 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $2.5 to $2 during March, and April.
When referring to the price in Lead (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $452. In December This price remains at $452. During the following two months (January, February) the average price fell 87 % 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 165 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $380 in Lead. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
According to average price per property type in Lead, "" priced at $380 is 16 % lower than the average price ($451) in this city.