The rent prices in real estate in North Platte, in the Nebraska 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 North Platte has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.75. In April this price barely changed remaining at $0.77 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 49 with regard to the previous two months. The price per sq.feet has had a considerable rise of 132 % 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 $0.57 to $0.75 during July, and August.
When referring to the price in North Platte (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $690. In April This price remains at $705. In the following two months the average price has hardly changed with regard to the previous two months from $697.5 to $696.5. 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 $697 and $706.5 between July and August.
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 $705 they are 48 % more affordable than the average price for North Platte . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $985.
According to average price per property type in North Platte, "" priced at $830 is 18 % more expensive than the average price ($705) in this city.