The rent prices in real estate in Bettendorf, in the Iowa 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 Bettendorf has had a strong fall during the last 6 months. In July, the average price per sq.feet was $10.57. In the following month the price per sq.feet fell considerably to $1.14. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $3.49 to $1.04 during November, and December.
When referring to the price in Bettendorf (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,012. In August This price remains at $1,024. In the following two months the average price has hardly changed with regard to the previous two months from $1,018 to $984.5. 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 $1,001.25 and $1,003.5 between November and December.
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 $1,016 they are 26 % more affordable than the average price for Bettendorf . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,421.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $1.07 / sq.feet price in Bettendorf. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.19 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,016 it is 18 % more affordable than the average price in Bettendorf. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $834 it is 5 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.08 / sq.feet. "House" at an average price of $1.08 / sq.feet has the highest price and would be directed at more affluent cities.