Property prices for rent in Spanish Fork (Utah)
The rent prices in real estate in Spanish Fork, 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 Spanish Fork has fallen during the last 6 months. In October, the average price per sq.feet was $1.12. In the following month the price per sq.feet fell considerably to $0.86. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $0.96 to $1.22 during February, and March.
When referring to the price in Spanish Fork (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $1,317. During November the price went through a considerable rise reaching $1,604. During the following two months (December, January) the price has had an average rise from $1,460.5 to $1,538. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,499.25 to $1,423.5 in 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 $1,449 they are 33 % more affordable than the average price for Spanish Fork . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,282.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.26 / sq.feet, with an average $1.19 / sq.feet price in Spanish Fork. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.26 / sq.feet.
According to average price per property type in Spanish Fork, "" priced at $1,519 is 5 % more expensive than the average price ($1,449) in this city.
