Property prices for rent in Meridianville (Alabama)
The rent prices in real estate in Meridianville, in the Alabama 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 Meridianville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.18. In December this price barely changed remaining at $1.14 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $1.06 to $0.94 during March, and April.
When referring to the price in Meridianville (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,926. In December This price remains at $1,897. In the following two months the average price has hardly changed with regard to the previous two months from $1,911.5 to $1,908.5. 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 $1,910 and $1,814.5 between March and April.
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 $1,893 they are 43 % more affordable than the average price for Meridianville . The properties with the lowest average price have 2 bedrooms, Their price is 34 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,086.
According to average price per property type in Meridianville, "" priced at $1,248 is 34 % lower than the average price ($1,893) in this city.
