The rent prices in real estate in Bay, in the Arkansas 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 Bay has had a strong fall during the last 6 months. In June, the average price per sq.feet was $4. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has practically remained the same, going from $2 to $2 per sq.feet. The price per sq.feet has had a considerable rise of 150 % 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 $2 to $3 during October, and November.
When referring to the price in Bay (cities), this has fallen considerably in the last 6 months. The average price for June is $3,892. During July the price had a considerable fall till . During the following two months (August, September) the average price had a considerable rise of 120 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 169 % 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 $3,888 they are 36 % more affordable than the average price for Bay . The properties with the highest average price have 4 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,287.
According to average price per property type in Bay, "" priced at $2,772 is 29 % lower than the average price ($3,888) in this city.