The rent prices in real estate in Council Bluffs, in the Iowa region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Council Bluffs has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.3. In the following month the price per sq.feet fell considerably to $0.96. The price for the following two months in (March, April) had a considerable rise of 394 %. The price per sq.feet has had a considerable rise of 222 % 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 $2.79 to $6.18 during May, and June.
When referring to the price in Council Bluffs (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $915. In February This price remains at $904. During the following two months (March, April) the price has had an average rise from $909.5 to $984.5. 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 $947 and $935.5 between May and June.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $915 they are 5 % more affordable than the average price for Council Bluffs . The properties with the highest average price have 2 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 1 bedroom priced at $900.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $4 / sq.feet, with an average $6.45 / sq.feet price in Council Bluffs. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.34 / sq.feet.
According to average price per property type in Council Bluffs, "" priced at $868 is 5 % lower than the average price ($915) in this city.