Property prices for rent in Spearfish (South Dakota)
The rent prices in real estate in Spearfish, in the South Dakota 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 Spearfish has had a strong fall during the last 6 months. In March, the average price per sq.feet was $36.79. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable rise of 292 % 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 $9.74 to $28.5 during July, and August.
When referring to the price in Spearfish (cities), this has fallen considerably in the last 6 months. The average price for March is $2,333. During April the price had a considerable fall till $1,356. During the following two months (May, June) the price has had an average rise from $1,844.5 to $1,985. 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 $2,237 they are 78 % more affordable than the average price for Spearfish . The properties with the lowest average price have 3 bedrooms, Their price is 68 % more affordable than the average. After that we have properties with 2 bedrooms priced at $656.
According to average price per property type in Spearfish, "" priced at $724 is 68 % lower than the average price ($2,237) in this city.
