Property prices for rent in Ward (Arkansas)
The rent prices in real estate in Ward, in the Arkansas 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 Ward has had a strong fall during the last 6 months. In October, the average price per sq.feet was $16. In the following month the price per sq.feet fell considerably to $0.98. The price for the following two months in (December, January) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 10 % 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 $4.76 to $0.47 during February, and March.
When referring to the price in Ward (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,198. In November This price remains at $1,210. During the following two months (December, January) the average price fell 93 % 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 112 % 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 $1,365 they are 44 % more affordable than the average price for Ward . The properties with the lowest average price have 2 bedrooms, Their price is 41 % more affordable than the average. After that we have properties with 1 bedroom priced at $765.
According to average price per property type in Ward, "" priced at $799 is 41 % lower than the average price ($1,365) in this city.
