The rent prices in real estate in Eldridge, 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 Eldridge has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1. In April this price barely changed remaining at $1.03 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.78 to during July, and August.
When referring to the price in Eldridge (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $677. During April the price went through a considerable rise reaching $1,033. In the following two months the average price has hardly changed with regard to the previous two months from $855 to $888.5. During the last two months the average price has fallen greatly compared to the previous four going from $871.75 to $693.5, which means a 80 % 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 $662 they are 6 % more affordable than the average price for Eldridge . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $697.
According to average price per property type in Eldridge, "" priced at $697 is 5 % more expensive than the average price ($662) in this city.