The rent prices in real estate in Orange Beach, 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 Orange Beach has fallen during the last 6 months. In October, the average price per sq.feet was $1.02. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) fell 93 % 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 $0.98 to $0.92 during February, and March.
When referring to the price in Orange Beach (cities), this has fallen considerably in the last 6 months. The average price for October is $1,218. During November the price had a slight fall till $1,105. During the following two months (December, January) the average price had a considerable fall of 85 % 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 $1,073.5 and $1,042.5 between February and March.
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 $1,049 they are 17 % more affordable than the average price for Orange Beach . The properties with the highest average price have 3 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,079.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.9 / sq.feet, with an average $0.92 / sq.feet price in Orange Beach. The properties with the most expensive average prices have 4 bedrooms. They are 1422 % more expensive than the average followed by properties with 1 bedroom with a price at $0.97 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,049 it is 12 % 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 $923 it is 1 % 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 $14 / sq.feet. "House" at an average price of $14 / sq.feet has the highest price and would be directed at more affluent cities.