The rent prices in real estate in Rock Springs, in the Wyoming 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 Rock Springs has fallen during the last 6 months. In October, the average price per sq.feet was $1.06. In November this price barely changed remaining at $1.03 per sq.feet. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. 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 to $0.91 during February, and March.
When referring to the price in Rock Springs (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $987. In November This price remains at $1,025. In the following two months the average price has hardly changed with regard to the previous two months from $1,006 to $981. 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 $993.5 and $949 between February and March.
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 $1,010 they are 37 % more affordable than the average price for Rock Springs . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,009.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.78 / sq.feet, with an average $0.96 / sq.feet price in Rock Springs. The properties with the most expensive average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.97 / sq.feet.
According to average price per property type in Rock Springs, "" priced at $775 is 23 % lower than the average price ($1,010) in this city.