The rent prices in real estate in Mason City, in the Iowa 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 Mason City has risen strongly during the last 6 months. In August, the average price per sq.feet was $0.5. In September this price barely changed remaining at $0.49 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 454 %. The price per sq.feet has had a considerable rise of 365 % 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 $5 during December, and January.
When referring to the price in Mason City (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during August, is $885. During September the price went through a considerable rise reaching $1,208. During the following two months (October, November) the average price fell 85 % 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 $969.25 to $812, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $751 in Mason City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 40 % more expensive than the average price of ($7 / sq.feet) in Mason City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 40 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $812 it is 21 % more affordable than the average price in Mason City. "Detached House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Detached House". At a price of $746 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "House" priced at $7 / sq.feet. "House" is the most expensive type of property with a $7 / sq.feet value followed by "Detached House" with an average price of $2 / sq.feet.