The rent prices in real estate in Fairfield, in the Alabama 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 Fairfield has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.88. In the following month the price per sq.feet rose to $1. The price for the following two months in (May, June) had a considerable fall of 83 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 $0.86 to during July, and August.
When referring to the price in Fairfield (cities), there have hardly been any changes in the last 6 months. The rent price in March is $990, rising in April till $1,131. During the following two months (May, June) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $995.25 and $1,028.5 between July and August.
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 $930 they are 44 % more affordable than the average price for Fairfield . The properties with the highest average price have 3 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 2 bedrooms priced at $898.
According to average price per property type in Fairfield, "" priced at $609 is 35 % lower than the average price ($930) in this city.