The rent prices in real estate in Townsend, in the Montana 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 Townsend has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.45. In the following month the price per sq.feet fell to $1.37. In the following two months the price per sq.feet has practically remained the same, going from $1.41 to $1.46 per sq.feet. The price per sq.feet has had a considerable fall of 49 % 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 $1.43 to $0.71 during February, and March.
When referring to the price in Townsend (cities), this has fallen considerably in the last 6 months. The average price for October is $2,167. During November the price had a considerable fall till $1,833. During the following two months (December, January) the average price had a considerable fall of 67 % with regard to the previous two months. 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 $1,666.5 and $1,679 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $1,901 in Townsend. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
According to average price per property type in Townsend, "" priced at $1,220 is 41 % lower than the average price ($2,059) in this city.