The rent prices in real estate in Palmer Lake, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Palmer Lake has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.45. In December this price barely changed remaining at $1.43 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 3695 %. The price per sq.feet has had a considerable fall of 5 % 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 $27.32 to $1.5 during March, and April.
When referring to the price in Palmer Lake (cities), this has fallen considerably in the last 6 months. The average price for November is $3,311. During December the price had a considerable fall till $2,360. During the following two months (January, February) the average price had a considerable fall of 72 % 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 $2,443.75 to $1,874, which means a 77 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $1,616 in Palmer Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1733 % more expensive than the average price of ($55 / sq.feet) in Palmer Lake. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1733 % more expensive than the average value aforementioned.