Property prices for rent in Marion (Arkansas)
The rent prices in real estate in Marion, in the Arkansas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Marion has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.71. In the following month the price per sq.feet rose to $0.8. In the following two months the price per sq.feet has practically remained the same, going from $0.75 to $0.75 per sq.feet. The price per sq.feet has had a considerable rise of 147 % 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 $0.75 to $1.1 during February, and March.
When referring to the price in Marion (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,380, rising in November till $1,579. In the following two months the average price has hardly changed with regard to the previous two months from $1,479.5 to $1,463. During the last two months the average price has fallen greatly compared to the previous four going from $1,471.25 to $1,039, which means a 71 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $925 they are 4 % more affordable than the average price for Marion . The properties with the highest average price have 3 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 1 bedroom priced at $915.
According to average price per property type in Marion, "" priced at $893 is 3 % lower than the average price ($925) in this city.
