Property prices for rent in Wetumpka (Alabama)
The rent prices in real estate in Wetumpka, in the Alabama 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 Wetumpka has fallen during the last 6 months. In October, the average price per sq.feet was $1.11. In November this price barely changed remaining at $1.11 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.11 to $1.09 per sq.feet. The price per sq.feet has fallen 89 % 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 $1.1 to $0.98 during February, and March.
When referring to the price in Wetumpka (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $1,405. During November the price went through a considerable rise reaching $1,638. During the following two months (December, January) the average price fell 92 % 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 107 % 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 $1,672 they are 59 % more affordable than the average price for Wetumpka . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,334.
According to average price per property type in Wetumpka, "" priced at $1,463 is 12 % lower than the average price ($1,672) in this city.
