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 May, the average price per sq.feet was $5. In the following month the price per sq.feet fell considerably to $4. The price for the following two months in (July, August) had a considerable fall of 44 with regard to the previous two months. 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 $3.25 to $1 during September, and October.
When referring to the price in Townsend (cities), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $1,991. In June This price remains at $1,989. During the following two months (July, August) the average price had a considerable fall of 83 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,821.75 to $1,552.5 in September and October.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more expensive than the average price of $1,953 in Townsend. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
According to average price per property type in Townsend, "" priced at $1,282 is 28 % lower than the average price ($1,787) in this city.