The rent prices in real estate in West Plains, in the Missouri 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 West Plains has had a strong fall during the last 6 months. In October, the average price per sq.feet was $6.16. In the following month the price per sq.feet rose considerably to $7.99. The price for the following two months in (December, January) had a considerable fall of 6 with regard to the previous two months. The price per sq.feet has had a considerable fall of 20 % 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 $3.75 to $0.74 during February, and March.
When referring to the price in West Plains (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $12,966. During November the price went through a considerable rise reaching $17,007. During the following two months (December, January) the average price had a considerable fall of 4 % 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 $7,765.25 to $519.5, which means a 7 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $473 they are 27 % more affordable than the average price for West Plains . The properties with the highest average price have 3 bedrooms, Their price is 108 % more expensive than the average. After that we have properties with 1 bedroom priced at $537.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.4 / sq.feet, with an average $0.72 / sq.feet price in West Plains. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.4 / sq.feet.
According to average price per property type in West Plains, "" priced at $985 is 108 % more expensive than the average price ($473) in this city.