The rent prices in real estate in Iowa City, in the Iowa region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Iowa City has fallen during the last 6 months. In July, the average price per sq.feet was $1.36. In August this price barely changed remaining at $1.31 per sq.feet. The price for the following two months in (September, October) fell 92 % 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 $1.28 to $1.28 during November y December
When referring to the price in Iowa City (cities), there have hardly been any changes in the last 6 months. The average price for July is $1,223. During August the price had a slight fall till $1,074. In the following two months the average price has hardly changed with regard to the previous two months from $1,148.5 to $1,107.5. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
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 $1,230 they are 21 % more affordable than the average price for Iowa City . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,477.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.27 / sq.feet price in Iowa City. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.48 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,230 it is 8 % more affordable than the average price in Iowa City. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,213 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.15 / sq.feet followed by "House" priced at $1.45 / sq.feet. "House" is the most expensive type of property with a $1.45 / sq.feet value followed by "Condo" with an average price of $1.15 / sq.feet.