The rent prices in real estate in Prairie Grove, in the Arkansas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Prairie Grove has barely changed in the last 6 months. In October, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose to $1.26. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.17 to $1.15 during February y March
When referring to the price in Prairie Grove (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,363. In November This price remains at $1,348. During the following two months (December, January) the price has had an average rise from $1,355.5 to $1,537.5. 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 $1,446.5 and $1,510 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,505 they are 30 % more affordable than the average price for Prairie Grove . The properties with the highest average price have 1 bedroom, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,467.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.13 / sq.feet price in Prairie Grove. The properties with the most expensive average prices have 4 bedrooms. They are 1758 % more expensive than the average followed by properties with 1 bedroom with a price at $1.78 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,505 it is 30 % more affordable than the average price in Prairie Grove. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,050 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $16 / sq.feet followed by "House" priced at $21 / sq.feet. "House" is the most expensive type of property with a $21 / sq.feet value followed by "Apartment" with an average price of $16 / sq.feet.