Property prices for rent in Lonoke (Arkansas)
The rent prices in real estate in Lonoke, 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 Lonoke has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.09. In the following month the price per sq.feet fell to $0.94. The price for the following two months in (January, February) had a considerable fall of 46 with regard to the previous two months. The price per sq.feet has had a considerable fall of 51 % 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 $0.74 to $0.38 during March, and April.
When referring to the price in Lonoke (cities), this has fallen considerably in the last 6 months. The average price for November is $1,215. During December the price had a slight fall till $1,089. During the following two months (January, February) the average price had a considerable fall of 83 % with regard to the previous two months. 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 $1,055.5 and $1,069.5 between March and April.
