Property prices for rent in Orange Beach (Alabama)
The rent prices in real estate in Orange Beach, in the Alabama 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 Orange Beach has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.52. In the following month the price per sq.feet rose to $1.65. The price for the following two months in (April, May) had a considerable rise of 121 %. The price per sq.feet has fallen 93 % 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 $1.75 to $1.63 during June, and July.
When referring to the price in Orange Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $3,008. During March the price went through a considerable rise reaching $3,496. During the following two months (April, May) the average price had a considerable rise of 120 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $3,579.75 to $3,335 in June and July.
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 $3,326 they are 73 % more affordable than the average price for Orange Beach . The properties with the lowest average price have 3 bedrooms, Their price is 69 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,040.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 540 % more expensive than the average price of ($11 / sq.feet) in Orange Beach. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 540 % 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 $3,326 it is 70 % more affordable than the average price in Orange Beach. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $995 it is 69 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $11 / sq.feet. "House" at an average price of $11 / sq.feet has the highest price and would be directed at more affluent cities.
