The rent prices in real estate in South Sioux City, in the Nebraska region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in South Sioux City has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.69. In the following month the price per sq.feet fell considerably to $1.2. The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.34 to $1.22 during January, and February.
When referring to the price in South Sioux City (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $841. In October This price remains at $839. During the following two months (November, December) the price has had an average rise from $840 to $909.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $919 they are 30 % more affordable than the average price for South Sioux City . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,070.
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 $1.21 / sq.feet price in South Sioux City. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.05 / sq.feet.
According to average price per property type in South Sioux City, "" priced at $640 is 30 % lower than the average price ($919) in this city.