The rent prices in real estate in Green Bay, in the Wisconsin region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Green Bay has had a strong fall during the last 6 months. In July, the average price per sq.feet was $6.04. In the following month the price per sq.feet fell considerably to $0.91. The price for the following two months in (September, October) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 51 % 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 $2.18 to $1.12 during November, and December.
When referring to the price in Green Bay (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $733. In August This price remains at $713. In the following two months the average price has hardly changed with regard to the previous two months from $723 to $737. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $785 they are 8 % more affordable than the average price for Green Bay . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $787.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.86 / sq.feet, with an average $1.08 / sq.feet price in Green Bay. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.86 / sq.feet.
According to average price per property type in Green Bay, "" priced at $787 is 0 % more expensive than the average price ($785) in this city.