The rent prices in real estate in Apache Junction, in the Arizona region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Apache Junction has had a strong fall during the last 6 months. In April, the average price per sq.feet was $8.37. In the following month the price per sq.feet rose to $9.54. In the following two months the price per sq.feet has risen 106 %, going from $8.95 to $9.51 per sq.feet. The price per sq.feet has had a considerable fall of 12 % 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 $9.23 to $1.09 during August, and September.
When referring to the price in Apache Junction (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,348. During May the price had a slight fall till $1,278. In the following two months the average price has hardly changed with regard to the previous two months from $1,313 to $1,287.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $976 in Apache Junction. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1775 % more expensive than the average price of ($21 / sq.feet) in Apache Junction. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1775 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,409 it is 38 % more affordable than the average price in Apache Junction. "Duplex" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Apartment". At a price of $977 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $3 / sq.feet followed by "House" priced at $21 / sq.feet. "Condo" is the most expensive type of property with a $27 / sq.feet value followed by "House" with an average price of $21 / sq.feet.