The rent prices in real estate in Payson, in the Arizona 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 Payson has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.04. In the following month the price per sq.feet rose considerably to $5. The price for the following two months in (July, August) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable fall of 56 % 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 $2.14 to $1.21 during September, and October.
When referring to the price in Payson (cities), this has risen considerably in the last 6 months. The rent price in May is $1,074, rising in June till $1,203. In the following two months the average price has hardly changed with regard to the previous two months from $1,138.5 to $1,176. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 179 % 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 $1,745 they are 53 % more affordable than the average price for Payson . The properties with the highest average price have 4 bedrooms, Their price is 104 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,700.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.19 / sq.feet price in Payson. The properties with the most expensive average prices have 2 bedrooms. They are 45 % more expensive than the average followed by properties with 1 bedroom with a price at $1.32 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,745 it is 53 % more affordable than the average price in Payson. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $817 it is 33 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.31 / sq.feet. "House" at an average price of $1.31 / sq.feet has the highest price and would be directed at more affluent cities.