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 July, the average price per sq.feet was $6.2. The following month (August) the price had a considerable fall reaching $1.6 per sq.feet. The following two months (September, October) went through a considerable fall of 36 % 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 53 %. This has been obtained by comparing the price of $2.66 for the first four months of the sample with regard to the previous 4 months and the price of $1.42 per sq.feet for the last two months (November, December).
When referring to the price in Idaho(region), this has risen considerably in the last 6 months. In the first month sample for July the average price is $1,271. During August it went through a strong rise reaching $1,688 The average price for the following two months (September, October) rose from $1,479.5 to $1,666. During the last two months the price has gone up 106 % compared to the previous average values going from $1,572.75 a $1,671.5 in November y December.
The graph displaying the the average rent price per number of bedrooms shows that those with 2 bedrooms are the most affordable ones. They are 13 % cheaper than the average price in Idaho followed by those with 1 with an average price of $1,395. The most expensive properties have 4 bedrooms. They are 25 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,396.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.93 / sq.feet being $1.13 / sq.feet the average for Idaho. The properties with the highest average price are those with 1 bedroom. These are 86 % more expensive than the average followed by those with 2 bedrooms with a price of $1.31 / sq.feet.
The graph displaying the average rent price according to the property type shows "Farm" as the most affordable one. With an average cost of $1,448 it is 24 % cheaper than the average in Idaho. This is followed by "House" with a cost of $1,276. The most expensive property type is "Office" and is 93 % more costly than the average, followed by "Commercial" with a cost of $1,515.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.95 / sq.feet, followed by "Condo" with a price of $1.12 / sq.feet. "Farm" with an average price of $4 / sq.feet is the most expensive type of property followed by "House" at a price of $1.5 / sq.feet.