The rent prices in real estate in Vicksburg, in the Mississippi 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 Vicksburg has fallen during the last 6 months. In October, the average price per sq.feet was $1.07. In November this price barely changed remaining at $1.04 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.05 per sq.feet. The price per sq.feet has fallen 89 % 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 $1.05 to $0.94 during February, and March.
When referring to the price in Vicksburg (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,002. In November This price remains at $975. In the following two months the average price has hardly changed with regard to the previous two months from $988.5 to $951.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $970 to $886 in 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 $844 they are 26 % more affordable than the average price for Vicksburg . The properties with the highest average price have 3 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 2 bedrooms priced at $837.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.7 / sq.feet, with an average $0.87 / sq.feet price in Vicksburg. The properties with the most expensive average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.79 / sq.feet.
According to average price per property type in Vicksburg, "" priced at $680 is 19 % lower than the average price ($844) in this city.