Property prices for rent in Spirit Lake (Iowa)

The price per sq.feet in Spirit Lake has risen strongly during the last 6 months. In December, the average price per sq.feet was $0.97. In the following month the price per sq.feet rose considerably to $1.13. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.02 per sq.feet. The price per sq.feet has had a considerable rise of 130 % 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 $1.04 to $1.35 during April, and May.

When referring to the price in Spirit Lake (cities), this has risen in the last 6 months. The rent price in December is $985, rising in January till $1,056. During the following two months (February, March) the price has had an average rise from $1,020.5 to $1,138. 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 $1,079.25 and $1,050 between April and May.

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $930 they are 4 % more expensive than the average price for Spirit Lake. Following this ranking we find those properties with 2 at an average price of $985. The properties with the highest average price have 4 bedrooms, Their price is 86 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,698.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.5 / sq.feet price in Spirit Lake. The properties with the most affordable average prices have 1 bedroom. They are 3 % more affordable than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.

The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $930 it is 7 % more expensive than the average price in Spirit Lake. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $992 it is 83 % more expensive than the average price.

According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.