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 $3.23. In the following month the price per sq.feet rose considerably to $7.09. In the following two months the price per sq.feet has practically remained the same, going from $5.16 to $4.95 per sq.feet. The price per sq.feet has fallen 89 % 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 $5.05 to $4.49 during June, and July.
When referring to the price in River Falls (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $899. During March the price went through a considerable rise reaching $1,229. During the following two months (April, May) the average price had a considerable rise of 118 % 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 increased 107 % during the last two months.
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 $1,466 they are 56 % more affordable than the average price for River Falls . The properties with the lowest average price have 2 bedrooms, Their price is 26 % more affordable than the average. After that we have properties with 3 bedrooms priced at $897.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $5.71 / sq.feet price in River Falls. The properties with the most affordable average prices have 2 bedrooms. They are 30 % more affordable than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
According to average price per property type in River Falls, "" priced at $897 is 39 % lower than the average price ($1,466) in this city.