The rent prices in real estate in Morgantown, in the West Virginia 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 Morgantown has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.97. In the following month the price per sq.feet rose to $1.09. The price for the following two months in (June, July) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 58 % 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 $0.99 to $0.57 during August, and September.
When referring to the price in Morgantown (cities), this has fallen considerably in the last 6 months. The rent price in April is $1,036, rising in May till $1,099. During the following two months (June, July) the average price fell 93 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,032.5 to $555, which means a 54 % fall.