Property prices for rent in Columbus (Mississippi)
The rent prices in real estate in Columbus, in the Mississippi 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 Columbus has fallen during the last 6 months. In October, the average price per sq.feet was $1.1. In the following month the price per sq.feet fell to $0.97. In the following two months the price per sq.feet has practically remained the same, going from $1.03 to $1 per sq.feet. The price per sq.feet has risen 110 % 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 $1.02 to $1.12 during February, and March.
When referring to the price in Columbus (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,138. In November This price remains at $1,125. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $1,239 they are 43 % more affordable than the average price for Columbus . The properties with the highest average price have 4 bedrooms, Their price is 1332 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,509.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.03 / sq.feet, with an average $1.11 / sq.feet price in Columbus. The properties with the most expensive average prices have 4 bedrooms. They are 711 % more expensive than the average followed by properties with 1 bedroom with a price at $1.22 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,239 it is 33 % more affordable than the average price in Columbus. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $893 it is 20 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
