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 March, the average price per sq.feet was $0.62. In April this price barely changed remaining at $0.62 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.31 to during July, and August.
When referring to the price in Charles City (cities), there have hardly been any changes in the last 6 months. The rent price in March is $475, rising in April till $500. During the following two months (May, June) the average price fell 91 % 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 94 %, going from $465.5 to $436.5 in July and August.
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 $449 they are 14 % more affordable than the average price for Charles City . The properties with the highest average price have 2 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at $395.
According to average price per property type in Charles City, "" priced at $395 is 12 % lower than the average price ($449) in this city.