The rent prices in real estate in Grand Island, in the Nebraska 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 Grand Island has risen during the last 6 months. In October, the average price per sq.feet was $0.89. In the following month the price per sq.feet rose considerably to $1.04. In the following two months the price per sq.feet has practically remained the same, going from $0.96 to $0.95 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 $0.96 to $0.91 during February y March
When referring to the price in Grand Island (cities), this has fallen considerably in the last 6 months. The average price for October is $981. During November the price had a considerable fall till $694. During the following two months (December, January) the average price fell 89 % 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 109 % 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 $934 they are 21 % more affordable than the average price for Grand Island . The properties with the highest average price have 4 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $929.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $934 it is 12 % more affordable than the average price in Grand Island. "Condo" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $822 it is 7 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $2 / sq.feet. "Condo" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.