The rent prices in real estate in Heber Springs, 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 Heber Springs has had a strong fall during the last 6 months. In October, the average price per sq.feet was $29.48. In November this price barely changed remaining at $29.34 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 37 with regard to the previous two months. The price per sq.feet has had a considerable fall of 47 % 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 $20.13 to $9.43 during February, and March.
When referring to the price in Heber Springs (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $24,169. In November This price remains at $24,144. During the following two months (December, January) the average price had a considerable fall of 63 % 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 $19,711.5 to $12,428, which means a 63 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 91 % more affordable than the average price of $638 in Heber Springs. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 91 % more affordable than the average aforementioned.
According to average price per property type in Heber Springs, "" priced at $638 is 91 % lower than the average price ($7,356) in this city.