The rent prices in real estate in Mapleton, in the Utah 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 Mapleton has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.98. In November this price barely changed remaining at $0.97 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $0.74 to $0.57 during February, and March.
When referring to the price in Mapleton (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,049. During November the price had a slight fall till $1,932. In the following two months the average price has hardly changed with regard to the previous two months from $1,990.5 to $2,021.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $1,783 they are 22 % more affordable than the average price for Mapleton . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,390.
According to average price per property type in Mapleton, "" priced at $2,044 is 15 % more expensive than the average price ($1,783) in this city.