The rent prices in real estate in North Salt Lake, in the Utah region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in North Salt Lake has fallen during the last 6 months. In November, the average price per sq.feet was $1.69. In December this price barely changed remaining at $1.65 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.67 to $1.6 per sq.feet. The price per sq.feet has fallen 86 % 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 $1.63 to $1.41 during March, and April.
When referring to the price in North Salt Lake (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,820. In December This price remains at $1,781. In the following two months the average price has hardly changed with regard to the previous two months from $1,800.5 to $1,850.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,062 they are 35 % more affordable than the average price for North Salt Lake . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,067.
With regard to the average prices per sq.feet those properties with 1 bedroom are 24 % more affordable than the average price of ($1 / sq.feet) in North Salt Lake. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 24 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,062 it is 17 % more affordable than the average price in North Salt Lake. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,207 it is 13 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.