Property prices for rent in Bay Minette (Alabama)
The rent prices in real estate in Bay Minette, in the Alabama region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Bay Minette has fallen during the last 6 months. In November, the average price per sq.feet was $1.27. In December this price barely changed remaining at $1.23 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.2 per sq.feet. The price per sq.feet has fallen 93 % 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 $1.22 to $1.14 during March, and April.
When referring to the price in Bay Minette (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,834. In December This price remains at $1,916. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,791.5 to $1,475, which means a 82 % fall.
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 $1,032 in Bay Minette. 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.
According to average price per property type in Bay Minette, "" priced at $1,032 is 31 % lower than the average price ($1,492) in this city.
