Property prices for rent in Pierre (South Dakota)

The rent prices in real estate in Pierre, in the South Dakota region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$707.4
Average price last 6 months
$1.14
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pierre has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose considerably to $1.28. The price for the following two months in (June, July) had a considerable fall of 45 with regard to the previous two months. The price per sq.feet has had a considerable rise of 130 % 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 $0.86 to $1.12 during August, and September.

Average price

When referring to the price in Pierre (cities), this has fallen considerably in the last 6 months. The rent price in April is $678, rising in May till $748. During the following two months (June, July) the average price had a considerable fall of 48 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 134 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $771 they are 13 % more affordable than the average price for Pierre . The properties with the highest average price have 1 bedroom, Their price is 8 % more expensive than the average. After that we have properties with 2 bedrooms priced at $743.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.87 / sq.feet, with an average $1.14 / sq.feet price in Pierre. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $771 it is 13 % more affordable than the average price in Pierre. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $670 it is 10 % more affordable than the average price.

According to the average area price by sq.feet the most affordable property type is "Land with an average cost of $1 / sq.feet. "Land" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Pierre
Number of properties used in region South Dakota
$771
$1.14
46
8,022
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value