The rent prices in real estate in Elkmont, 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 Elkmont has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In October this price barely changed remaining at $0.96 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.98 to $0.99 per sq.feet. The price per sq.feet has had a considerable rise of 922 % 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 $0.99 to $9.08 during January, and February.
When referring to the price in Elkmont (cities), this has fallen considerably in the last 6 months. The average price for September is $1,919. During October the price had a considerable fall till $1,400. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,592.75 to $1,389 in January and February.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $1,102 in Elkmont. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
According to average price per property type in Elkmont, "" priced at $1,102 is 31 % lower than the average price ($1,600) in this city.