The rent prices in real estate in Shelby, in the Montana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Shelby has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.93. In December this price barely changed remaining at $0.93 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.93 to $0.93 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $0.93 to during March, and April.
When referring to the price in Shelby (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $602. In December This price remains at $602. In the following two months the average price has hardly changed with regard to the previous two months from $602 to $622. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 9 % more affordable than the average price of $601 in Shelby. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 9 % more affordable than the average aforementioned.