Property prices for rent in El Dorado (Arkansas)
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 $5. In the following month the price per sq.feet fell considerably to $4. The price for the following two months in (January, February) had a considerable fall of 44 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % 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 $3.25 to $0.75 during March, and April.
When referring to the price in El Dorado (cities), this has risen in the last 6 months. The rent price in November is $654, rising in December till $729. In the following two months the average price has hardly changed with regard to the previous two months from $691.5 to $672.5. Based on an analysis of the first four prices and the last two months the average price has increased 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 $750 they are 52 % more affordable than the average price for El Dorado . The properties with the lowest average price have 3 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 4 bedrooms priced at $615.
According to average price per property type in El Dorado, "" priced at $615 is 18 % lower than the average price ($750) in this city.
