The rent prices in real estate in Smithville, 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 Smithville has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $3. The price for the following two months in (May, June) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $1.25 to $0.5 during July, and August.
When referring to the price in Smithville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,372. During April the price went through a considerable rise reaching $1,864. During the following two months (May, June) the price has had an average rise from $1,618 to $1,707.5. 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 $1,662.75 and $1,742 between July and August.
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 $1,946 they are 61 % more affordable than the average price for Smithville . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,752.
According to average price per property type in Smithville, "" priced at $1,138 is 42 % lower than the average price ($1,946) in this city.