The rent prices in real estate in Thermopolis, in the Wyoming 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 Thermopolis has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.54. In December this price barely changed remaining at $1.54 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $1.54 to $1.73 per sq.feet. The price per sq.feet has had a considerable fall of 31 % 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 $1.63 to $0.5 during March, and April.
When referring to the price in Thermopolis (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $786. In December This price remains at $768. In the following two months the average price has hardly changed with regard to the previous two months from $777 to $789. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $783 to $696 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $745 they are 24 % more affordable than the average price for Thermopolis . The properties with the highest average price have 1 bedroom, Their price is 7 % more expensive than the average. After that we have properties with 2 bedrooms priced at $569.
According to average price per property type in Thermopolis, "" priced at $569 is 24 % lower than the average price ($745) in this city.