The rent prices in real estate in Niwot, in the Colorado 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 Niwot has risen during the last 6 months. In November, the average price per sq.feet was $1.97. In the following month the price per sq.feet fell to $1.77. In the following two months the price per sq.feet has practically remained the same, going from $1.87 to $1.88 per sq.feet. The price per sq.feet has had a considerable rise of 136 % 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 $1.87 to $2.56 during March, and April.
When referring to the price in Niwot (cities), this has fallen considerably in the last 6 months. The average price for November is $5,788. During December the price had a slight fall till $5,386. During the following two months (January, February) the average price had a considerable fall of 73 % 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 $4,843.5 to $1,765.5, which means a 36 % fall.
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 $1,673 they are 9 % more affordable than the average price for Niwot . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 112 % more expensive than the average aforementioned.