The rent prices in real estate in Smithville, in the Missouri 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 Smithville has fallen during the last 6 months. In November, the average price per sq.feet was $1.15. In December this price barely changed remaining at $1.15 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable rise of 148 % 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 $0.93 to $1.37 during March, and April.
When referring to the price in Smithville (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,757. In December This price remains at $1,780. In the following two months the average price has hardly changed with regard to the previous two months from $1,768.5 to $1,856. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $2,044 they are 67 % more affordable than the average price for Smithville . The properties with the lowest average price have 2 bedrooms, Their price is 26 % more affordable than the average. After that we have properties with 1 bedroom priced at $677.
According to average price per property type in Smithville, "" priced at $1,510 is 26 % lower than the average price ($2,044) in this city.