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 June, the average price per sq.feet was $7.78. In July this price barely changed remaining at $7.9 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 9 with regard to the previous two months. The price per sq.feet has had a considerable fall of 17 % 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 $4.28 to $0.75 during October, and November.
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 June, the average price is $809. In July This price remains at $815. In the following two months the average price has hardly changed with regard to the previous two months from $812 to $841.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $826.75 to $775 in October and November.
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 $703 they are 47 % more affordable than the average price for North Platte . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $989.
According to average price per property type in North Platte, "" priced at $834 is 19 % more expensive than the average price ($703) in this city.