The rent prices in real estate in Miles City, in the Montana 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 Miles City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.56. In the following month the price per sq.feet rose to $1.66. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 68 % 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 $1.48 to $1 during February, and March.
When referring to the price in Miles City (cities), there have hardly been any changes in the last 6 months. The rent price in October is $673, rising in November till $746. During the following two months (December, January) the price has had an average rise from $709.5 to $775.5. During the last two months the average price has fallen greatly compared to the previous four going from $742.5 to $591, which means a 80 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 15 % more affordable than the average price of $521 in Miles City. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 11 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / sq.feet) in Miles City. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.