The rent prices in real estate in Rhinelander, in the Wisconsin 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 Rhinelander has fallen during the last 6 months. In November, the average price per sq.feet was $0.86. In the following month the price per sq.feet fell to $0.81. The price for the following two months in (January, February) had a considerable rise of 116 %. The price per sq.feet has had a considerable fall of 57 % 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 $0.9 to $0.51 during March, and April.
When referring to the price in Rhinelander (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $727. In December This price remains at $706. During the following two months (January, February) the average price had a considerable rise of 122 % 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 $797 and $757.5 between March and April.
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 $732 they are 6 % more affordable than the average price for Rhinelander . The properties with the lowest average price have 3 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $716.
According to average price per property type in Rhinelander, "" priced at $728 is 1 % lower than the average price ($732) in this city.