The rent prices in real estate in Anchorage, in the Alaska region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Anchorage has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.36. In January this price barely changed remaining at $1.4 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 532 %. The price per sq.feet has had a considerable fall of 74 % 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 $4.36 to $3.2 during April, and May.
When referring to the price in Anchorage (cities), this has fallen in the last 6 months. In our first sample month during December, the average price is $1,448. In January This price remains at $1,401. In the following two months the average price has hardly changed with regard to the previous two months from $1,424.5 to $1,367. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,395.75 to $1,309 in April and May.
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 $1,261 they are 16 % more affordable than the average price for Anchorage . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,579.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.36 / sq.feet price in Anchorage. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.35 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,261 it is 10 % more affordable than the average price in Anchorage. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,677 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $1.37 / sq.feet followed by "House" priced at $1.4 / sq.feet. "House" is the most expensive type of property with a $1.4 / sq.feet value followed by "Townhouse" with an average price of $1.37 / sq.feet.