The rent prices in real estate in Watford City, in the North Dakota region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Watford City has fallen during the last 6 months. In October, the average price per sq.feet was $1.26. In November this price barely changed remaining at $1.2 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.23 to $1.21 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.22 to $1.18 during February y March
When referring to the price in Watford City (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,236. In November This price remains at $1,218. In the following two months the average price has hardly changed with regard to the previous two months from $1,227 to $1,218. 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 $1,222.5 and $1,192 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,152 they are 16 % more affordable than the average price for Watford City . The properties with the highest average price have 4 bedrooms, Their price is 88 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,588.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.16 / sq.feet price in Watford City. The properties with the most affordable average prices have 2 bedrooms. They are 3 % more affordable than the average followed by properties with 1 bedroom with a price at $1.09 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,152 it is 2 % more affordable than the average price in Watford City. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "". At a price of $1,124 it is 6 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.