The rent prices in real estate in Harrison, in the Arkansas 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 Harrison has had a strong fall during the last 6 months. In February, the average price per sq.feet was $0.82. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 220 % 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 $0.45 to $1 during June, and July.
When referring to the price in Harrison (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $518. During March the price went through a considerable rise reaching $928. During the following two months (April, May) the average price had a considerable rise of 289 % 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 $1,407.5 to $677, which means a 48 % 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 $677 they are 39 % more affordable than the average price for Harrison . The properties with the lowest average price have 2 bedrooms, Their price is 37 % more affordable than the average. After that we have properties with 1 bedroom priced at $413.
According to average price per property type in Harrison, "" priced at $427 is 37 % lower than the average price ($677) in this city.