The rent prices in real estate in Arab, in the Alabama 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 Arab has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.93. In April this price barely changed remaining at $0.94 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has risen 114 % 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 $0.47 to $0.54 during July, and August.
When referring to the price in Arab (cities), this has fallen considerably in the last 6 months. The average price for March is $2,320. During April the price had a slight fall till $2,091. During the following two months (May, June) the average price had a considerable fall of 22 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,345.25 to $1,165 in July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,498 they are 70 % more affordable than the average price for Arab . The properties with the lowest average price have 1 bedroom, Their price is 58 % more affordable than the average. After that we have properties with 2 bedrooms priced at $444.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($1 / sq.feet) in Arab. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
According to average price per property type in Arab, "" priced at $444 is 70 % lower than the average price ($1,498) in this city.