Property prices for rent in Janesville (Wisconsin)
The rent prices in real estate in Janesville, in the Wisconsin 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 Janesville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.52. In November this price barely changed remaining at $1.46 per sq.feet. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 83 % 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 $1.39 to $1.16 during February, and March.
When referring to the price in Janesville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,213. In November This price remains at $1,203. In the following two months the average price has hardly changed with regard to the previous two months from $1,208 to $1,225.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $1,330 they are 28 % more affordable than the average price for Janesville . The properties with the highest average price have 4 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,802.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.09 / sq.feet, with an average $1.17 / sq.feet price in Janesville. The properties with the most expensive average prices have 4 bedrooms. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,330 it is 47 % more affordable than the average price in Janesville. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,132 it is 32 % 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 $1.16 / sq.feet followed by "House" priced at $1.21 / sq.feet. "House" is the most expensive type of property with a $1.21 / sq.feet value followed by "Condo" with an average price of $1.16 / sq.feet.
