The rent prices in real estate in Rifle, 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 Rifle has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.19. The price for the following two months in (December, January) had a considerable rise of 125 %. The price per sq.feet has had a considerable rise of 115 % 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 $1.23 to $1.42 during February, and March.
When referring to the price in Rifle (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $740. During November the price went through a considerable rise reaching $1,341. During the following two months (December, January) the average price had a considerable rise of 158 % 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 123 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,820 they are 44 % more affordable than the average price for Rifle . The properties with the lowest average price have 3 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,400.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.4 / sq.feet, with an average $1.44 / sq.feet price in Rifle. The properties with the most expensive average prices have 4 bedrooms. They are 1497 % more expensive than the average followed by properties with 1 bedroom with a price at $1.4 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,820 it is 45 % more affordable than the average price in Rifle. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,017 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $13 / sq.feet followed by "House" priced at $23 / sq.feet. "House" is the most expensive type of property with a $23 / sq.feet value followed by "Townhouse" with an average price of $13 / sq.feet.