The rent prices in real estate in Hiawatha, in the Iowa 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 Hiawatha has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.96. In November this price barely changed remaining at $0.93 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.95 per sq.feet. The price per sq.feet has had a considerable fall of 53 % 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 $0.95 to $0.5 during February, and March.
When referring to the price in Hiawatha (cities), there have hardly been any changes in the last 6 months. The average price for October is $715. During November the price had a slight fall till $650. In the following two months the average price has hardly changed with regard to the previous two months from $682.5 to $688.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $714 they are 20 % more affordable than the average price for Hiawatha . The properties with the lowest average price have 1 bedroom, Their price is 19 % more affordable than the average. After that we have properties with 2 bedrooms priced at $577.
According to average price per property type in Hiawatha, "" priced at $574 is 20 % lower than the average price ($714) in this city.