The rent prices in real estate in Dothan, in the Alabama 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 Dothan has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.83. In December this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 784 %. The price per sq.feet has had a considerable rise of 524 % 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 $3.58 to $18.77 during March, and April.
When referring to the price in Dothan (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $711. During December the price went through a considerable rise reaching $827. During the following two months (January, February) the price has had an average rise from $769 to $868. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $969 they are 16 % more affordable than the average price for Dothan . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,003.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $11 / sq.feet, with an average $20.75 / sq.feet price in Dothan. The properties with the most expensive average prices have 2 bedrooms. They are 49 % more expensive than the average followed by properties with 1 bedroom with a price at $19 / sq.feet.
According to average price per property type in Dothan, "" priced at $687 is 29 % lower than the average price ($969) in this city.