The rent prices in real estate in River Falls, in the Wisconsin 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 River Falls has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.07. In March this price barely changed remaining at $1.06 per sq.feet. The price for the following two months in (April, May) had a considerable rise of 128 %. The price per sq.feet has risen 109 % 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 $1.22 to $1.32 during June, and July.
When referring to the price in River Falls (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $1,372. In March This price remains at $1,439. In the following two months the average price has hardly changed with regard to the previous two months from $1,405.5 to $1,383.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,394.5 to $1,188 in June and July.
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 $1,162 they are 25 % more affordable than the average price for River Falls . The properties with the highest average price have 3 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,117.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.69 / sq.feet, with an average $1.38 / sq.feet price in River Falls. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.34 / sq.feet.
According to average price per property type in River Falls, "" priced at $890 is 23 % lower than the average price ($1,162) in this city.