The rent prices in real estate in Mead, in the Washington 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 Mead has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1. In October this price barely changed remaining at $1 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $0.75 to $0.5 during January, and February.
When referring to the price in Mead (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $3,187. During October the price went through a considerable rise reaching $4,495. In the following two months the average price has hardly changed with regard to the previous two months from $3,841 to $3,938.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,889.75 and $3,992 between January and February.
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 $3,742 they are 49 % more affordable than the average price for Mead . The properties with the lowest average price have 1 bedroom, Their price is 49 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,896.
According to average price per property type in Mead, "" priced at $1,896 is 49 % lower than the average price ($3,742) in this city.