The rent prices in real estate in Hot Springs Village, 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 Hot Springs Village has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.02. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (December, January) fell 85 % with regard to the previous two months. 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 $0.87 to $0.88 during February y March
When referring to the price in Hot Springs Village (cities), there have hardly been any changes in the last 6 months. The rent price in October is $977, rising in November till $1,087. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. 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 $1,004.25 and $1,009.5 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 $1,185 they are 37 % more affordable than the average price for Hot Springs Village . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,366.
According to average price per property type in Hot Springs Village, "" priced at $652 is 45 % lower than the average price ($1,185) in this city.