The rent prices in real estate in Loxley, in the Alabama 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 Loxley has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1.15. In the following month the price per sq.feet fell to $1. The price for the following two months in (February, March) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 154 % 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 $0.79 to $1.21 during April, and May.
When referring to the price in Loxley (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $1,999. In January This price remains at $2,027. During the following two months (February, March) the average price had a considerable fall of 70 % 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 $1,712 and $1,754 between April and May.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 34 % more affordable than the average price of $1,225 in Loxley. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1632 % more expensive than the average price of ($22 / sq.feet) in Loxley. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1632 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,858 it is 35 % more affordable than the average price in Loxley. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,215 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $17 / sq.feet followed by "House" priced at $22 / sq.feet. "House" is the most expensive type of property with a $22 / sq.feet value followed by "Apartment" with an average price of $17 / sq.feet.