The rent prices in real estate in Polk City, in the Iowa 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 Polk City has risen strongly during the last 6 months. In August, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (October, November) had a considerable rise of 2400 %. The price per sq.feet has had a considerable fall of 11 % 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 $6.25 to $0.67 during December, and January.
When referring to the price in Polk City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $682. During September the price went through a considerable rise reaching $2,076. In the following two months the average price has hardly changed with regard to the previous two months from $1,379 to $1,313.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $1,857 they are 64 % more affordable than the average price for Polk City . The properties with the lowest average price have 2 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 1 bedroom priced at $672.
According to average price per property type in Polk City, "" priced at $1,846 is 1 % lower than the average price ($1,857) in this city.