Property prices for rent in Valley (Alabama)
The rent prices in real estate in Valley, in the Alabama 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 Valley has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.31. In the following month the price per sq.feet rose to $1.4. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $1.24 to $0.86 during February, and March.
When referring to the price in Valley (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,392, rising in November till $1,519. During the following two months (December, January) the price has had an average rise from $1,455.5 to $1,560.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,508 to $1,143, which means a 76 % fall.
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 $1,031 they are 53 % more affordable than the average price for Valley . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $813.
According to average price per property type in Valley, "" priced at $656 is 36 % lower than the average price ($1,031) in this city.
