The rent prices in real estate in Lovell, in the Wyoming 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 Lovell has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.09. In November this price barely changed remaining at $1.09 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.09 to $1.05 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $1.07 to during February, and March.
When referring to the price in Lovell (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $1,042. In November This price remains at $1,042. During the following two months (December, January) the price has had an average rise from $1,042 to $1,139.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 127 % during the last two months.
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 $1,091 they are 46 % more affordable than the average price for Lovell . The properties with the lowest average price have 2 bedrooms, Their price is 29 % more affordable than the average. After that we have properties with 3 bedrooms priced at $726.
According to average price per property type in Lovell, "" priced at $726 is 33 % lower than the average price ($1,091) in this city.