The rent prices in real estate in Auburn, in the Alabama region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Auburn has risen during the last 6 months. In February, the average price per sq.feet was $0.94. In March this price barely changed remaining at $0.97 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $0.95 to $1.01 per sq.feet. The price per sq.feet has risen 111 % 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 $0.99 to $1.1 during June, and July.
When referring to the price in Auburn (cities), this has risen in the last 6 months. The rent price in February is $1,096, rising in March till $1,213. In the following two months the average price has hardly changed with regard to the previous two months from $1,154.5 to $1,205.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
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 $1,331 they are 9 % more affordable than the average price for Auburn . The properties with the highest average price have 4 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,480.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.93 / sq.feet, with an average $1.11 / sq.feet price in Auburn. The properties with the most expensive average prices have 1 bedroom. They are 98 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.3 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,331 it is 17 % more affordable than the average price in Auburn. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,448 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $1.14 / sq.feet. "Condo" is the most expensive type of property with a $1.19 / sq.feet value followed by "House" with an average price of $1.14 / sq.feet.