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 July, the average price per sq.feet was $0.98. In the following month the price per sq.feet fell to $0.89. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.9 per sq.feet. The price per sq.feet has fallen 93 % 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 $0.92 to $0.85 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 $1,126. During August the price had a considerable fall till $811. During the following two months (September, October) the average price had a considerable fall of 77 % 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 $859.5 to $685.5, which means a 80 % fall.
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 $726 they are 34 % more affordable than the average price for Marion . The properties with the highest average price have 3 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 2 bedrooms priced at $822.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.83 / sq.feet, with an average $0.9 / sq.feet price in Marion. The properties with the most expensive average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.83 / sq.feet.
According to average price per property type in Marion, "" priced at $662 is 9 % lower than the average price ($726) in this city.