The rent prices in real estate in Jefferson City, in the Missouri 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 Jefferson City has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.17. In November this price barely changed remaining at $1.21 per sq.feet. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 166 % 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 $1.13 to $1.88 during February, and March.
When referring to the price in Jefferson City (cities), this has risen considerably in the last 6 months. The average price for October is $1,055. During November the price had a slight fall till $978. During the following two months (December, January) the average price had a considerable rise of 120 % 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 256 % 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 $1,397 they are 62 % more affordable than the average price for Jefferson City . The properties with the highest average price have 2 bedrooms, Their price is 352 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,482.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 653 % more expensive than the average price of ($7 / sq.feet) in Jefferson City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 653 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,397 it is 61 % more affordable than the average price in Jefferson City. "Land" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Land". At a price of $646 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $1 / sq.feet followed by "Condo" priced at $2 / sq.feet. "Condo" is the most expensive type of property with a $2 / sq.feet value followed by "Land" with an average price of $1 / sq.feet.