The rent prices in real estate in Marion, in the Iowa region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Marion has fallen during the last 6 months. In October, the average price per sq.feet was $1.39. In November this price barely changed remaining at $1.36 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.38 to $1.36 per sq.feet. The price per sq.feet has fallen 86 % 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 $1.37 to $1.18 during February, and March.
When referring to the price in Marion (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,031. In November This price remains at $997. In the following two months the average price has hardly changed with regard to the previous two months from $1,014 to $996. 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 $1,005 and $984.5 between February and March.
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 $1,006 they are 16 % more affordable than the average price for Marion . The properties with the highest average price have 3 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,352.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.06 / sq.feet, with an average $1.21 / sq.feet price in Marion. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.17 / sq.feet.
According to average price per property type in Marion, "" priced at $952 is 5 % lower than the average price ($1,006) in this city.