The rent prices in real estate in Spokane, in the Washington region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Spokane has risen during the last 6 months. In December, the average price per sq.feet was $1.35. In January this price barely changed remaining at $1.31 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $1.33 to $1.5 per sq.feet. The price per sq.feet has risen 107 % 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 $1.41 to $1.51 during April, and May.
When referring to the price in Spokane (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $1,240. In January This price remains at $1,215. During the following two months (February, March) the price has had an average rise from $1,227.5 to $1,295.5. Based on an analysis of the first four prices and the last two months the average price has increased 113 % 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 $1,498 they are 28 % more affordable than the average price for Spokane . The properties with the highest average price have 3 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,488.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.84 / sq.feet, with an average $1.49 / sq.feet price in Spokane. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.5 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,498 it is 5 % more affordable than the average price in Spokane. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,420 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.59 / sq.feet. "House" at an average price of $1.59 / sq.feet has the highest price and would be directed at more affluent cities.