The rent prices in real estate in Hannibal, in the Missouri 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 Hannibal has fallen during the last 6 months. In November, the average price per sq.feet was $1.09. In the following month the price per sq.feet fell to $1.03. The price for the following two months in (January, February) fell 88 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 to $1.08 during March, and April.
When referring to the price in Hannibal (cities), this has risen considerably in the last 6 months. The rent price in November is $1,063, rising in December till $1,206. During the following two months (January, February) the average price had a considerable rise of 117 % 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 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $950 in Hannibal. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 102 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 7 % more affordable than the average price of ($1 / sq.feet) in Hannibal. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more expensive than the average value aforementioned.