The rent prices in real estate in Cardiff, 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 Cardiff has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.82. In the following month the price per sq.feet rose to $3.24. In the following two months the price per sq.feet has risen 105 %, going from $3.03 to $3.19 per sq.feet. The price per sq.feet has risen 106 % 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 $3.11 to $3.3 during March, and April.
When referring to the price in Cardiff (cities), there have hardly been any changes in the last 6 months. The average price for November is $4,098. During December the price had a considerable fall till $2,882. During the following two months (January, February) the price has had an average rise from $3,490 to $3,873.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % during the last two months.
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 $5,129 they are 62 % more affordable than the average price for Cardiff . The properties with the lowest average price have 4 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 3 bedrooms priced at $4,261.
According to average price per property type in Cardiff, "" priced at $5,002 is 2 % lower than the average price ($5,129) in this city.