The rent prices in real estate in Missoula, in the Montana region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Missoula has risen during the last 6 months. In October, the average price per sq.feet was $1.34. In November this price barely changed remaining at $1.32 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.33 to $1.39 per sq.feet. The price per sq.feet has risen 108 % 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 $1.36 to $1.48 during February, and March.
When referring to the price in Missoula (cities), this has risen in the last 6 months. The average price for October is $1,196. During November the price had a slight fall till $1,123. During the following two months (December, January) the average price had a considerable rise of 124 % 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 increased 107 % 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 $1,382 they are 28 % more affordable than the average price for Missoula . The properties with the highest average price have 4 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,682.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.29 / sq.feet, with an average $1.5 / sq.feet price in Missoula. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.52 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,382 it is 25 % more affordable than the average price in Missoula. "Office" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "". At a price of $1,031 it is 1035 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Office with an average cost of $8 / sq.feet. "Office" at an average price of $8 / sq.feet has the highest price and would be directed at more affluent cities.