The rent prices in real estate in Bentonville, in the Arkansas 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 Bentonville has risen during the last 6 months. In March, the average price per sq.feet was $4.9. In the following month the price per sq.feet fell considerably to $3.97. The price for the following two months in (May, June) had a considerable rise of 118 %. The price per sq.feet has had a considerable rise of 120 % 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 $4.82 to $5.79 during July, and August.
When referring to the price in Bentonville (cities), this has risen in the last 6 months. The rent price in March is $1,387, rising in April till $1,504. In the following two months the average price has hardly changed with regard to the previous two months from $1,445.5 to $1,500. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,472.75 and $1,417 between July and August.
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 $1,421 they are 16 % more affordable than the average price for Bentonville . 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 2 bedrooms priced at $1,606.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $6.8 / sq.feet price in Bentonville. The properties with the most expensive average prices have 4 bedrooms. They are 125 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.25 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,421 it is 20 % more affordable than the average price in Bentonville. "Office" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $1,482 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.52 / sq.feet followed by "Townhouse" priced at $2.39 / sq.feet. "Condo" is the most expensive type of property with a $14.21 / sq.feet value followed by "Land" with an average price of $9.61 / sq.feet.