Property prices for rent in Little Rock (Arkansas)
The rent prices in real estate in Little Rock, in the Arkansas 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 Little Rock has fallen during the last 6 months. In November, the average price per sq.feet was $1.14. In December this price barely changed remaining at $1.09 per sq.feet. The price for the following two months in (January, February) fell 94 % 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 $1.08 to $1.08 during March y April
When referring to the price in Little Rock (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,175. In December This price remains at $1,131. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,111 to $1,048 in March and April.
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 $1,013 they are 10 % more affordable than the average price for Little Rock . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,292.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.07 / sq.feet price in Little Rock. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.11 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,013 it is 16 % more affordable than the average price in Little Rock. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,257 it is 94 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $1.08 / sq.feet followed by "House" priced at $1.11 / sq.feet. "Condo" is the most expensive type of property with a $1.99 / sq.feet value followed by "House" with an average price of $1.11 / sq.feet.
