The rent prices in real estate in Vicksburg, 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 Vicksburg has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.01. In the following month the price per sq.feet rose considerably to $5. The price for the following two months in (May, June) had a considerable rise of 1475 %. The price per sq.feet has had a considerable fall of 4 % 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 $23.66 to $1 during July, and August.
When referring to the price in Vicksburg (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $883. During April the price went through a considerable rise reaching $8,200. During the following two months (May, June) the average price had a considerable rise of 161 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,925.25 to $967, which means a 16 % fall.
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 $967 they are 26 % more affordable than the average price for Vicksburg . The properties with the lowest average price have 1 bedroom, Their price is 4 % more affordable than the average. After that we have properties with 2 bedrooms priced at $742.
According to average price per property type in Vicksburg, "" priced at $713 is 26 % lower than the average price ($967) in this city.