The average rent price in the Idaho region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.
The price per sq.feet in Idaho has fallen considerably in the last 6 months. During February, the average price per sq.feet was $1.75. The following month (March) the price had a considerable fall reaching $1.39 per sq.feet. The following two months (April, May) went through a fall of 90 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 79 %. This has been obtained by comparing the price of $1.49 for the first four months of the sample with regard to the previous 4 months and the price of $1.17 per sq.feet for the last two months (June, July).
When referring to the price in Idaho(region), this has fallen considerably in the last 6 months. February has an average price of $1,681. During Marchthe price had a strong fall till $1,414. The average price for the following two months (April, May) fell 93 % compared to the previous two. During the last two months the price has had a considerable fall of 84 % with respect to the previous four months going from $1,492.25 a $1,254.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 20 % cheaper than the average price in Idaho followed by those with 2 with an average price of $1,136. The most expensive properties have 4 bedrooms. They are 52 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,457.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.96 / sq.feet being $1.17 / sq.feet the average for Idaho. The properties with the highest average price are those with 1 bedroom. These are 32 % more expensive than the average followed by those with 2 bedrooms with a price of $1.16 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,227 it is 17 % cheaper than the average in Idaho. This is followed by "Condo" with a cost of $1,210. The most expensive property type is "" and is 281 % more costly than the average, followed by "Land" with a cost of $1,498.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.06 / sq.feet, followed by "Condo" with a price of $1.13 / sq.feet. "House" with an average price of $1.22 / sq.feet is the most expensive type of property followed by "Condo" at a price of $1.13 / sq.feet.