The rent prices in real estate in Tonopah, in the Arizona region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Tonopah has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.34. In the following month the price per sq.feet rose to $1.51. The price for the following two months in (January, February) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable rise of 314 % 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 $1.25 to $3.94 during March, and April.
When referring to the price in Tonopah (cities), this has fallen considerably in the last 6 months. The average price for November is $2,500. During December the price had a slight fall till $2,225. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,278.5 to $1,789, which means a 79 % fall.
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 $2,250 they are 57 % more affordable than the average price for Tonopah . The properties with the lowest average price have 1 bedroom, Their price is 54 % more affordable than the average. After that we have properties with 2 bedrooms priced at $966.
According to average price per property type in Tonopah, "" priced at $960 is 57 % lower than the average price ($2,250) in this city.