Property prices for rent in Grand Island (Nebraska)

The price per sq.feet in Grand Island has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.46. In November this price barely changed remaining at $1.41 per sq.feet. The price for the following two months in (December, January) fell 85 % 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 $1.33 to $1.17 during February, and March.

When referring to the price in Grand Island (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,324. In November This price remains at $1,359. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,270 to $1,159.5 in February and March.

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 $1,148 they are 23 % more affordable than the average price for Grand Island . The properties with the highest average price have 2 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,230.

With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % more affordable than the average price of ($1 / sq.feet) in Grand Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more affordable than the average value aforementioned.

According to average price per property type in Grand Island, "" priced at $794 is 31 % lower than the average price ($1,148) in this city.