Property prices for rent in Burlington (Iowa)
The rent prices in real estate in Burlington, in the Iowa 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 Burlington has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.83. In the following month the price per sq.feet rose to $0.88. The price for the following two months in (December, January) had a considerable rise of 149 %. The price per sq.feet has risen 110 % 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 $1.06 to $1.17 during February, and March.
When referring to the price in Burlington (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $849. In November This price remains at $860. During the following two months (December, January) the average price had a considerable rise of 119 % 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 $937.5 and $974 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,106 they are 23 % more affordable than the average price for Burlington . The properties with the highest average price have 3 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,137.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.89 / sq.feet, with an average $1.49 / sq.feet price in Burlington. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.15 / sq.feet.
According to average price per property type in Burlington, "" priced at $853 is 23 % lower than the average price ($1,106) in this city.
