The rent prices in real estate in Canton, in the Mississippi 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 Canton has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.5. In November this price barely changed remaining at $1.45 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.48 to $1.42 per sq.feet. The price per sq.feet has had a considerable rise of 616 % 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 $1.45 to $8.93 during February, and March.
When referring to the price in Canton (cities), this has fallen considerably in the last 6 months. The average price for October is $1,939. During November the price had a slight fall till $1,720. During the following two months (December, January) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,688.75 to $1,459.5 in February and March.
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 $1,655 they are 36 % more affordable than the average price for Canton . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,639.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.41 / sq.feet price in Canton. The properties with the most expensive average prices have 3 bedrooms. They are 38198 % more expensive than the average followed by properties with 4 bedrooms with a price at $265 / sq.feet.
According to average price per property type in Canton, "" priced at $2,186 is 32 % more expensive than the average price ($1,655) in this city.