The rent prices in real estate in Riverton, in the Utah 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 Riverton has fallen during the last 6 months. In September, the average price per sq.feet was $1.41. In October this price barely changed remaining at $1.35 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.38 to $1.37 per sq.feet. The price per sq.feet has fallen 91 % 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 $1.38 to $1.25 during January, and February.
When referring to the price in Riverton (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,334. In October This price remains at $2,301. In the following two months the average price has hardly changed with regard to the previous two months from $2,317.5 to $2,312. 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 $2,314.75 and $2,228.5 between January and February.
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 $2,221 they are 30 % more affordable than the average price for Riverton . The properties with the highest average price have 4 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,248.
With regard to the average prices per sq.feet those properties with 1 bedroom are 20 % more affordable than the average price of ($1 / sq.feet) in Riverton. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 20 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,221 it is 11 % more affordable than the average price in Riverton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,363 it is 27 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.