The rent prices in real estate in Dothan, in the Alabama region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Dothan has risen during the last 6 months. In August, the average price per sq.feet was $0.65. In September this price barely changed remaining at $0.66 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $0.65 to $0.71 per sq.feet. The price per sq.feet has risen 112 % 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 $0.68 to $0.76 during December, and January.
When referring to the price in Dothan (cities), there have hardly been any changes in the last 6 months. The rent price in August is $857, rising in September till $903. During the following two months (October, November) the price has had an average rise from $880 to $937.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $908.75 to $850 in December and January.
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 $789 they are 13 % more affordable than the average price for Dothan . The properties with the highest average price have 4 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 3 bedrooms priced at $944.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.68 / sq.feet, with an average $0.78 / sq.feet price in Dothan. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.72 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $789 it is 12 % more affordable than the average price in Dothan. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of $697 it is 5 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $15 / sq.feet. "Commercial" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.