The rent prices in real estate in Winnemucca, in the Nevada 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 Winnemucca has had a strong fall during the last 6 months. In July, the average price per sq.feet was $9.36. In the following month the price per sq.feet fell considerably to $1.05. The price for the following two months in (September, October) had a considerable rise of 154 %. The price per sq.feet has had a considerable fall of 68 % 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 $6.6 to $4.5 during November, and December.
When referring to the price in Winnemucca (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during July, is $1,106. During August the price went through a considerable rise reaching $1,667. During the following two months (September, October) the average price had a considerable fall of 48 % 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 $1,027.75 to $666.5, which means a 65 % fall.
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 $724 they are 21 % more affordable than the average price for Winnemucca . The properties with the highest average price have 2 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 3 bedrooms priced at $699.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1 / sq.feet price in Winnemucca. The properties with the most expensive average prices have 1 bedroom. They are 100 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Winnemucca, "" priced at $699 is 3 % lower than the average price ($724) in this city.