The rent prices in real estate in Bon Air, in the Alabama region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bon Air has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.24. In November this price barely changed remaining at $1.29 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 126 %. 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 $1.43 to $1.72 during February, and March.
When referring to the price in Bon Air (cities), this has fallen considerably in the last 6 months. The average price for October is $2,208. During November the price had a considerable fall till $1,798. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. 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 $1,868.5 and $1,878.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 17 % more affordable than the average price of $1,527 in Bon Air. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 15 % more affordable than the average price of ($1.41 / sq.feet) in Bon Air. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27 % more expensive than the average value aforementioned.