The rent prices in real estate in Tonopah, in the Arizona 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 Tonopah has had a strong fall during the last 6 months. In September, the average price per sq.feet was $92.82. In the following month the price per sq.feet fell considerably to . The price for the following two months in (November, December) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable rise of 580 % 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 $23.86 to $138.51 during January, and February.
When referring to the price in Tonopah (cities), this has risen in the last 6 months. The average price during our first sample month during September, is $1,947. During October the price went through a considerable rise reaching $2,247. In the following two months the average price has hardly changed with regard to the previous two months from $2,097 to $2,110.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,103.75 and $2,148 between January and February.
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 $2,111 they are 55 % more affordable than the average price for Tonopah . The properties with the lowest average price have 1 bedroom, Their price is 52 % more affordable than the average. After that we have properties with 2 bedrooms priced at $956.
According to average price per property type in Tonopah, "" priced at $950 is 55 % lower than the average price ($2,111) in this city.