The rent prices in real estate in Rolla, in the Missouri 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 Rolla has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.64. In the following month the price per sq.feet rose to $0.7. In the following two months the price per sq.feet has risen 106 %, going from $0.67 to $0.71 per sq.feet. The price per sq.feet has had a considerable rise of 125 % 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 $0.69 to $0.87 during February, and March.
When referring to the price in Rolla (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $782. During November the price went through a considerable rise reaching $1,001. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $983 they are 38 % more affordable than the average price for Rolla . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,219.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($0.84 / sq.feet) in Rolla. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Rolla, "" priced at $1,059 is 8 % more expensive than the average price ($983) in this city.