The rent prices in real estate in North Little Rock, in the Arkansas 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 North Little Rock has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.71. In the following month the price per sq.feet rose considerably to $0.97. In the following two months the price per sq.feet has risen 109 %, going from $0.84 to $0.92 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 $0.88 to $0.86 during February y March
When referring to the price in North Little Rock (cities), there have hardly been any changes in the last 6 months. The rent price in October is $881, rising in November till $931. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. 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 $876.5 and $841.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $872 they are 11 % more affordable than the average price for North Little Rock . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $979.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.64 / sq.feet, with an average $0.86 / sq.feet price in North Little Rock. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.77 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $872 it is 9 % more affordable than the average price in North Little Rock. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $922 it is 80 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.66 / sq.feet followed by "Apartment" priced at $1.08 / sq.feet. "Townhouse" is the most expensive type of property with a $10 / sq.feet value followed by "Apartment" with an average price of $1.08 / sq.feet.