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 October, the average price per sq.feet was $10. In November this price barely changed remaining at $10 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $5 to $4.5 during February, and March.
When referring to the price in Bowling Green (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $16,993. In November This price remains at $16,993. During the following two months (December, January) the average price had a considerable fall of 6 % 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 $9,025.75 and $8,968.5 between February and March.
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 $16,976 they are 96 % more affordable than the average price for Bowling Green . The properties with the lowest average price have 4 bedrooms, Their price is 90 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,350.
According to average price per property type in Bowling Green, "" priced at $690 is 96 % lower than the average price ($16,976) in this city.