Property prices for rent in Chugiak (Alaska)
The rent prices in real estate in Chugiak, in the Alaska region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Chugiak has fallen during the last 6 months. In October, the average price per sq.feet was $2.01. In the following month the price per sq.feet fell to $1.85. In the following two months the price per sq.feet has practically remained the same, going from $1.93 to $1.99 per sq.feet. The price per sq.feet has had a considerable fall of 83 % 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 $1.96 to $1.62 during February, and March.
When referring to the price in Chugiak (cities), this has risen in the last 6 months. The average price for October is $2,525. During November the price had a slight fall till $2,395. During the following two months (December, January) the average price had a considerable rise of 122 % 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 $2,725.25 and $2,837 between February and March.
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 $2,374 they are 37 % more affordable than the average price for Chugiak . The properties with the lowest average price have 2 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,490.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 2100 % more expensive than the average price of ($22 / sq.feet) in Chugiak. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 2100 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,374 it is 32 % more affordable than the average price in Chugiak. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,776 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $2 / sq.feet followed by "Condo" priced at $17 / sq.feet. "House" is the most expensive type of property with a $22 / sq.feet value followed by "Condo" with an average price of $17 / sq.feet.
