Property prices for rent in Pike Road (Alabama)

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

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pike Road has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.81. In May this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable rise of 137 % 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 $0.61 to $0.83 during August, and September.

Average price

When referring to the price in Pike Road (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,042. In May This price remains at $1,015. During the following two months (June, July) the price has had an average rise from $1,028.5 to $1,085.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 122 % during the last two months.

Average price per bedrooms

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 $1,536 they are 38 % more affordable than the average price for Pike Road . The properties with the lowest average price have 3 bedrooms, Their price is 17 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,187.

With regard to the average prices per sq.feet those properties with 4 bedrooms are 1624 % more expensive than the average price of ($15 / sq.feet) in Pike Road. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1624 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,536 it is 35 % more affordable than the average price in Pike Road. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $993 it is 23 % 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 $15 / sq.feet. "House" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Pike Road
Number of properties used in region Alabama
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value