The rent prices in real estate in Bowling Green, in the Missouri 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 Bowling Green has had a strong fall during the last 6 months. In September, the average price per sq.feet was $12. In October this price barely changed remaining at $12 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $9 to during January, and February.
When referring to the price in Bowling Green (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $17,029. In October This price remains at $17,029. During the following two months (November, December) the average price had a considerable fall of 53 % 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 $13,008.25 to $1,070, which means a 8 % fall.
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 $963 they are 32 % more affordable than the average price for Bowling Green . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,376.
According to average price per property type in Bowling Green, "" priced at $703 is 27 % lower than the average price ($963) in this city.