The rent prices in real estate in Des Moines, in the Iowa 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 Des Moines has fallen during the last 6 months. In July, the average price per sq.feet was $1.3. In the following month the price per sq.feet fell to $1.2. The price for the following two months in (September, October) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.21 to $1.12 during November, and December.
When referring to the price in Des Moines (cities), this has fallen in the last 6 months. The average price for July is $933. During August the price had a slight fall till $826. In the following two months the average price has hardly changed with regard to the previous two months from $879.5 to $868.5. 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 $874 and $844.5 between November and December.
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 $809 they are 7 % more affordable than the average price for Des Moines . The properties with the highest average price have 4 bedrooms, Their price is 89 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,334.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.11 / sq.feet price in Des Moines. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.11 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $809 it is 6 % more affordable than the average price in Des Moines. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,076 it is 90 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.12 / sq.feet. "House" at an average price of $1.12 / sq.feet has the highest price and would be directed at more affluent cities.