The rent prices in real estate in Farragut, in the Iowa region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Farragut has risen during the last 6 months. In October, the average price per sq.feet was $1.32. In the following month the price per sq.feet rose to $1.43. In the following two months the price per sq.feet has risen 112 %, going from $1.38 to $1.53 per sq.feet. The price per sq.feet has fallen 94 % 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 $1.45 to $1.37 during February, and March.
When referring to the price in Farragut (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,319. During November the price had a slight fall till $2,160. During the following two months (December, January) the average price fell 90 % 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 increased 114 % 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 $2,412 they are 38 % more affordable than the average price for Farragut . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 13 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.37 / sq.feet price in Farragut. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more expensive than the average value aforementioned.
According to average price per property type in Farragut, "" priced at $1,624 is 33 % lower than the average price ($2,412) in this city.