The rent prices in real estate in Marion, 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 Marion has had a strong fall during the last 6 months. In July, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has risen 105 %, going from $0.5 to $0.52 per sq.feet. The price per sq.feet has had a considerable rise of 211 % 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 $0.51 to $1.08 during November, and December.
When referring to the price in Marion (cities), this has fallen considerably in the last 6 months. The average price for July is $1,495. During August the price had a slight fall till $1,361. During the following two months (September, October) the average price had a considerable fall of 74 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,242.5 to $1,012, which means a 81 % 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 $981 they are 8 % more affordable than the average price for Marion . The properties with the highest average price have 3 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 1 bedroom priced at $930.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.07 / sq.feet price in Marion. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.04 / sq.feet.
According to average price per property type in Marion, "" priced at $908 is 7 % lower than the average price ($981) in this city.