Property prices for rent in Northport (Alabama)
The rent prices in real estate in Northport, in the Alabama 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 Northport has fallen during the last 6 months. In October, the average price per sq.feet was $1.24. In the following month the price per sq.feet fell to $1.14. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.13 to $1.07 during February, and March.
When referring to the price in Northport (cities), this has risen in the last 6 months. The rent price in October is $1,295, rising in November till $1,384. During the following two months (December, January) the price has had an average rise from $1,339.5 to $1,421.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,489 they are 23 % more affordable than the average price for Northport . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,674.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.08 / sq.feet price in Northport. The properties with the most expensive average prices have 1 bedroom. They are 85 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.12 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,489 it is 47 % more affordable than the average price in Northport. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $1,243 it is 16 % 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 $0.99 / sq.feet followed by "Land" priced at $1.27 / sq.feet. "Land" is the most expensive type of property with a $1.27 / sq.feet value followed by "House" with an average price of $0.99 / sq.feet.
