Property prices for rent in Petal (Mississippi)

The rent prices in real estate in Petal, in the Mississippi region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$998.5
Average price last 6 months
$3.88
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Petal has had a strong fall during the last 6 months. In July, the average price per sq.feet was $7.93. In the following month the price per sq.feet fell considerably to $0.76. The price for the following two months in (September, October) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable rise of 253 % 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 $2.57 to $6.5 during November, and December.

Average price

When referring to the price in Petal (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,023. In August This price remains at $1,027. In the following two months the average price has hardly changed with regard to the previous two months from $1,025 to $992.5. 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 $1,008.75 and $978 between November and December.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $903 in Petal. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.

Price per property type

According to average price per property type in Petal, "" priced at $903 is 16 % lower than the average price ($1,075) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Petal
Number of properties used in region Mississippi
$1,075
$8
168
16,134
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value