The rent prices in real estate in Jacksonville, in the Alabama region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Jacksonville has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.17. In the following month the price per sq.feet fell to $1.09. In the following two months the price per sq.feet has practically remained the same, going from $1.13 to $1.08 per sq.feet. The price per sq.feet has had a considerable rise of 1759 % 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 $1.11 to $19.44 during February, and March.
When referring to the price in Jacksonville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $843. During November the price went through a considerable rise reaching $1,022. During the following two months (December, January) the average price had a considerable rise of 129 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 712 % 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 $8,046 they are 96 % more affordable than the average price for Jacksonville . The properties with the lowest average price have 3 bedrooms, Their price is 92 % more affordable than the average. After that we have properties with 2 bedrooms priced at $432.
According to average price per property type in Jacksonville, "" priced at $643 is 92 % lower than the average price ($8,046) in this city.