The rent prices in real estate in Cedar Rapids, in the Iowa region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Cedar Rapids has barely changed in the last 6 months. In May, the average price per sq.feet was $1.01. In the following month the price per sq.feet fell to $0.94. In the following two months the price per sq.feet has risen 107 %, going from $0.98 to $1.04 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.01 to $1.05 during September y October
When referring to the price in Cedar Rapids (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $882. In June This price remains at $883. During the following two months (July, August) the price has had an average rise from $882.5 to $971. 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 $926.75 and $906 between September and October.
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 $902 they are 12 % more affordable than the average price for Cedar Rapids . The properties with the highest average price have 3 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,125.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.85 / sq.feet, with an average $1.05 / sq.feet price in Cedar Rapids. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.97 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $902 it is 4 % more affordable than the average price in Cedar Rapids. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $870 it is 21 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.07 / sq.feet. "House" at an average price of $1.07 / sq.feet has the highest price and would be directed at more affluent cities.