The rent prices in real estate in Dubuque, in the Iowa region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Dubuque has had a strong fall during the last 6 months. In October, the average price per sq.feet was $7.81. In the following month the price per sq.feet fell considerably to $2.28. The price for the following two months in (December, January) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 32 % 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 to $0.95 during February, and March.
When referring to the price in Dubuque (cities), this has fallen considerably in the last 6 months. The average price for October is $12,399. During November the price had a considerable fall till $6,837. During the following two months (December, January) the average price had a considerable fall of 10 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,274.75 to $956.5, which means a 18 % fall.
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 $928 they are 33 % more affordable than the average price for Dubuque . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,073.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.63 / sq.feet, with an average $0.93 / sq.feet price in Dubuque. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.74 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $928 it is 28 % more affordable than the average price in Dubuque. "Land" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "". At a price of $669 it is 15 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $6 / sq.feet. "Land" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.