The rent prices in real estate in El Dorado, in the Arkansas 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 El Dorado has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.59. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 278 % 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 $0.15 to $0.41 during March, and April.
When referring to the price in El Dorado (cities), there have hardly been any changes in the last 6 months. The average price for November is $844. During December the price had a considerable fall till $704. In the following two months the average price has hardly changed with regard to the previous two months from $774 to $761. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % 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 $1,148 they are 60 % more affordable than the average price for El Dorado . The properties with the lowest average price have 3 bedrooms, Their price is 40 % more affordable than the average. After that we have properties with 4 bedrooms priced at $589.
According to average price per property type in El Dorado, "" priced at $589 is 49 % lower than the average price ($1,148) in this city.