The rent prices in real estate in Clarksdale, in the Mississippi 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 Clarksdale has had a strong fall during the last 6 months. In July, the average price per sq.feet was $4.58. In the following month the price per sq.feet fell considerably to $0.43. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable rise of 269 % 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 $1.49 to $4 during November, and December.
When referring to the price in Clarksdale (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $633. In August This price remains at $650. During the following two months (September, October) the price has had an average rise from $641.5 to $680. 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 $660.75 and $632 between November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $611 in Clarksdale. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
According to average price per property type in Clarksdale, "" priced at $611 is 3 % lower than the average price ($632) in this city.