The rent prices in real estate in Waddell, in the Arizona 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 Waddell has had a strong fall during the last 6 months. In January, the average price per sq.feet was $61.18. In the following month the price per sq.feet fell considerably to $0.64. The price for the following two months in (March, April) had a considerable rise of 170 %. The price per sq.feet has risen 109 % 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 $41.71 to $45.5 during May, and June.
When referring to the price in Waddell (cities), there have hardly been any changes in the last 6 months. The rent price in January is $1,472, rising in February till $1,610. In the following two months the average price has hardly changed with regard to the previous two months from $1,541 to $1,466.5. 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 $1,503.75 and $1,462 between May and June.
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 $1,484 they are 3 % more affordable than the average price for Waddell . The properties with the lowest average price have 2 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,436.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $37 / sq.feet, with an average $52 / sq.feet price in Waddell. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $37 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,484 it is 1 % more affordable than the average price in Waddell. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "House". At a price of $1,462 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $57 / sq.feet followed by "Commercial" priced at $71 / sq.feet. "Commercial" is the most expensive type of property with a $71 / sq.feet value followed by "House" with an average price of $57 / sq.feet.