The rent prices in real estate in Mena, 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 Mena has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.45. In the following month the price per sq.feet fell considerably to $1.05. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.26 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.26 to $1.2 during February y March
When referring to the price in Mena (cities), this has fallen considerably in the last 6 months. The average price for October is $1,204. During November the price had a considerable fall till $869. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 2 bedrooms. It is 27 % more affordable than the average price of $847 in Mena. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / sq.feet) in Mena. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.