The rent prices in real estate in Queen Creek, in the Arizona region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Queen Creek has fallen during the last 6 months. In October, the average price per sq.feet was $1.75. In November this price barely changed remaining at $1.72 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $1.59 to $1.41 during February, and March.
When referring to the price in Queen Creek (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,299. In November This price remains at $2,356. In the following two months the average price has hardly changed with regard to the previous two months from $2,327.5 to $2,299. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $2,446 they are 33 % more affordable than the average price for Queen Creek . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,379.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.21 / sq.feet, with an average $1.44 / sq.feet price in Queen Creek. The properties with the most expensive average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.76 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,446 it is 16 % more affordable than the average price in Queen Creek. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,626 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.27 / sq.feet followed by "Apartment" priced at $1.66 / sq.feet. "Apartment" is the most expensive type of property with a $1.66 / sq.feet value followed by "House" with an average price of $1.27 / sq.feet.