The rent prices in real estate in Hoover, in the Alabama region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Hoover has risen during the last 6 months. In October, the average price per sq.feet was $1.05. In November this price barely changed remaining at $1.1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.08 to $1.12 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.1 to $1.09 during February y March
When referring to the price in Hoover (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,368. In November This price remains at $1,366. In the following two months the average price has hardly changed with regard to the previous two months from $1,367 to $1,346. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,356.5 and $1,329.5 between February and March.
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 $1,327 they are 24 % more affordable than the average price for Hoover . The properties with the highest average price have 4 bedrooms, Their price is 111 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,711.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.04 / sq.feet, with an average $1.05 / sq.feet price in Hoover. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.18 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,327 it is 13 % more affordable than the average price in Hoover. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Land". At a price of $2,234 it is 117 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $1.03 / sq.feet. "Land" is the most expensive type of property with a $1.28 / sq.feet value followed by "House" with an average price of $1.03 / sq.feet.