The rent prices in real estate in Charles City, in the Iowa 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 Charles City has had a strong fall during the last 6 months. In July, the average price per sq.feet was $0.75. In the following month the price per sq.feet fell considerably to $0.62. The price for the following two months in (September, October) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $0.65 to $0.28 during November, and December.
When referring to the price in Charles City (cities), this has fallen considerably in the last 6 months. The average price for July is $527. During August the price had a slight fall till $449. During the following two months (September, October) the average price fell 90 % 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 $464.75 and $444.5 between November and December.
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 $526 they are 25 % more affordable than the average price for Charles City . The properties with the lowest average price have 2 bedrooms, Their price is 6 % more affordable than the average. After that we have properties with 3 bedrooms priced at $403.
According to average price per property type in Charles City, "" priced at $403 is 23 % lower than the average price ($526) in this city.