The rent prices in real estate in Fairfield, 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 Fairfield has had a strong fall during the last 6 months. In October, the average price per sq.feet was $6. In the following month the price per sq.feet fell considerably to $0.89. The price for the following two months in (December, January) fell 87 % 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 $3.22 to during February, and March.
When referring to the price in Fairfield (cities), this has fallen considerably in the last 6 months. The average price for October is $1,152. During November the price had a considerable fall till $511. During the following two months (December, January) the average price had a considerable fall of 60 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 142 % 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 $922 they are 47 % more affordable than the average price for Fairfield . The properties with the lowest average price have 2 bedrooms, Their price is 19 % more affordable than the average. After that we have properties with 1 bedroom priced at $486.
According to average price per property type in Fairfield, "" priced at $600 is 35 % lower than the average price ($922) in this city.