The average rent price in the Montana region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Montana has risen in the last 6 months. During February, the average price per sq.feet was $1.07. The following month (March) the price rose to $1.2 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.13 to $1.12 per sq.feet. In the last two months, the price per sq.feet has risen 108 %. This has been obtained by comparing the price $1.13 for the first four months of the sample with regard to the previous 4 months and the price $1.22 per sq.feet for the last two months (June, July).
When referring to the price in Montana(region), this has risen in the last 6 months. The average rent price in February is $1,105. In March the price rose to $1,197. In the following two months the average price practically remained the same compared to the previous two going from $1,151 to $1,157.5. During the last two months the price has gone up 106 % compared to the previous average values going from $1,154.25 a $1,220.5 in June y July.
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 23 % cheaper than the average price in Montana followed by those with 2 with an average price of $1,227. The most expensive properties have 4 bedrooms. They are 51 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,483.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.93 / sq.feet being $1.16 / sq.feet the average for Montana. The properties with the highest average price are those with 1 bedroom. These are 20 % 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 $1,195 it is 20 % cheaper than the average in Montana. This is followed by "" with a cost of $1,190. The most expensive property type is "Condo" and is 46 % more costly than the average, followed by "Land" with a cost of $1,392.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.05 / sq.feet, followed by "House" with a price of $1.12 / sq.feet. "Commercial" with an average price of $5 / sq.feet is the most expensive type of property followed by "Condo" at a price of $1.58 / sq.feet.