The rent prices in real estate in Fort Smith, in the Arkansas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Fort Smith has barely changed in the last 6 months. In September, the average price per sq.feet was $0.74. In October this price barely changed remaining at $0.77 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.75 to $0.79 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.77 to $0.77 during January y February
When referring to the price in Fort Smith (cities), this has risen considerably in the last 6 months. The rent price in September is $711, rising in October till $776. During the following two months (November, December) the average price had a considerable rise of 134 % 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 $871.25 and $889 between January and February.
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 $958 they are 48 % more affordable than the average price for Fort Smith . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,241.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.75 / sq.feet, with an average $0.81 / sq.feet price in Fort Smith. The properties with the most expensive average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.84 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $958 it is 42 % more affordable than the average price in Fort Smith. "Commercial" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "". At a price of $556 it is 27 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $1 / sq.feet. "Commercial" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.