The rent prices in real estate in Tupelo, in the Mississippi 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 Tupelo has risen strongly during the last 6 months. In January, the average price per sq.feet was $0.79. In the following month the price per sq.feet rose considerably to $0.98. In the following two months the price per sq.feet has risen 112 %, going from $0.88 to $0.99 per sq.feet. The price per sq.feet has risen 110 % 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 $0.94 to $1.03 during May, and June.
When referring to the price in Tupelo (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $636. During February the price went through a considerable rise reaching $979. During the following two months (March, April) the average price had a considerable rise of 117 % 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 increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 20 % more affordable than the average price of $849 in Tupelo. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
According to average price per property type in Tupelo, "" priced at $849 is 20 % lower than the average price ($1,058) in this city.