The rent prices in real estate in Tuscaloosa, in the Alabama 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 Tuscaloosa has fallen during the last 6 months. In October, the average price per sq.feet was $1.12. In November this price barely changed remaining at $1.08 per sq.feet. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.07 to $1.02 during February y March
When referring to the price in Tuscaloosa (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,070. In November This price remains at $1,026. During the following two months (December, January) the average price fell 92 % 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 115 % 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 $1,160 they are 22 % more affordable than the average price for Tuscaloosa . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,348.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.03 / sq.feet price in Tuscaloosa. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 4 bedrooms with a price at $0.99 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $1,160 it is 21 % more affordable than the average price in Tuscaloosa. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,295 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.02 / sq.feet followed by "Detached House" priced at $3 / sq.feet. "Detached House" is the most expensive type of property with a $3 / sq.feet value followed by "Condo" with an average price of $1.02 / sq.feet.