Property prices for rent in Polk City (Iowa)
The rent prices in real estate in Polk City, in the Iowa region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Polk City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $0.75 to $0.5 during February, and March.
When referring to the price in Polk City (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,397. During November the price had a considerable fall till $1,662. During the following two months (December, January) the average price had a considerable rise of 136 % 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 $2,393.75 and $2,487 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 $2,995 they are 77 % more affordable than the average price for Polk City . The properties with the lowest average price have 2 bedrooms, Their price is 39 % more affordable than the average. After that we have properties with 1 bedroom priced at $695.
According to average price per property type in Polk City, "" priced at $1,818 is 39 % lower than the average price ($2,995) in this city.
