The rent prices in real estate in Fountain Hills, in the Arizona region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Fountain Hills has fallen during the last 6 months. In October, the average price per sq.feet was $2.53. In the following month the price per sq.feet fell to $2.3. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $2.34 to $2.07 during February, and March.
When referring to the price in Fountain Hills (cities), this has fallen in the last 6 months. The average price for October is $3,714. During November the price had a slight fall till $3,393. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,439.5 to $2,903.5, which means a 84 % fall.
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 $2,679 they are 36 % more affordable than the average price for Fountain Hills . The properties with the highest average price have 4 bedrooms, Their price is 136 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,921.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.94 / sq.feet, with an average $1.97 / sq.feet price in Fountain Hills. The properties with the most expensive average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.05 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,679 it is 16 % more affordable than the average price in Fountain Hills. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $4,048 it is 101 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.92 / sq.feet. "Townhouse" is the most expensive type of property with a $128 / sq.feet value followed by "House" with an average price of $2.19 / sq.feet.