The rent prices in real estate in Lone Tree, in the Iowa 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 Lone Tree has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3.94. In the following month the price per sq.feet rose considerably to $5.78. The price for the following two months in (January, February) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $4.05 to $1.98 during March, and April.
When referring to the price in Lone Tree (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,686. In December This price remains at $1,695. In the following two months the average price has hardly changed with regard to the previous two months from $1,690.5 to $1,681. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,685.75 and $1,697.5 between 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 $1,704 they are 7 % more affordable than the average price for Lone Tree . The properties with the highest average price have 4 bedrooms, Their price is 126 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,093.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.81 / sq.feet, with an average $2.01 / sq.feet price in Lone Tree. The properties with the most expensive average prices have 3 bedrooms. They are 5472 % more expensive than the average followed by properties with 4 bedrooms with a price at $57 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,704 it is 8 % more affordable than the average price in Lone Tree. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,183 it is 112 % 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 / sq.feet followed by "House" priced at $5 / sq.feet. "Townhouse" is the most expensive type of property with a $181 / sq.feet value followed by "House" with an average price of $5 / sq.feet.