The rent prices in real estate in Priest River, in the Idaho 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 Priest River has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1. In March this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 to $0.5 during June, and July.
When referring to the price in Priest River (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $2,395. In March This price remains at $2,292. During the following two months (April, May) the average price had a considerable fall of 76 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,061 and $1,993.5 between June and July.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,094 they are 68 % more affordable than the average price for Priest River . The properties with the lowest average price have 1 bedroom, Their price is 67 % more affordable than the average. After that we have properties with 2 bedrooms priced at $676.
According to average price per property type in Priest River, "" priced at $676 is 68 % lower than the average price ($2,094) in this city.