The rent prices in real estate in Lincoln, 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 Lincoln has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.73. In the following month the price per sq.feet rose to $0.78. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 142 % 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 $0.38 to $0.54 during March, and April.
When referring to the price in Lincoln (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,038. During December the price had a slight fall till $905. In the following two months the average price has hardly changed with regard to the previous two months from $971.5 to $954. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,077 they are 24 % more affordable than the average price for Lincoln . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 4 bedrooms priced at $822.
According to average price per property type in Lincoln, "" priced at $822 is 24 % lower than the average price ($1,077) in this city.