The rent prices in real estate in Waterloo, in the Iowa 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 Waterloo has fallen during the last 6 months. In May, the average price per sq.feet was $1.05. In the following month the price per sq.feet rose to $1.15. The price for the following two months in (July, August) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 85 % 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 $1.01 to $0.86 during September, and October.
When referring to the price in Waterloo (cities), this has fallen in the last 6 months. The rent price in May is $817, rising in June till $860. During the following two months (July, August) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $803.75 to $737.5 in September and October.
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 $752 they are 19 % more affordable than the average price for Waterloo . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $897.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.67 / sq.feet, with an average $0.86 / sq.feet price in Waterloo. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.85 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $752 it is 11 % more affordable than the average price in Waterloo. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $732 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.79 / sq.feet followed by "House" priced at $0.81 / sq.feet. "Apartment" is the most expensive type of property with a $0.89 / sq.feet value followed by "House" with an average price of $0.81 / sq.feet.