Property prices for rent in Wetumpka (Alabama)

The rent prices in real estate in Wetumpka, in the Alabama region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,405
Average price last 6 months
$4.38
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Wetumpka has had a strong fall during the last 6 months. In April, the average price per sq.feet was $5.62. In the following month the price per sq.feet rose to $6.38. In the following two months the price per sq.feet has practically remained the same, going from $6 to $5.91 per sq.feet. The price per sq.feet has had a considerable fall of 21 % 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 $5.96 to $1.24 during August, and September.

Average price

When referring to the price in Wetumpka (cities), this has risen considerably in the last 6 months. The average price for April is $962. During May the price had a slight fall till $828. During the following two months (June, July) the average price had a considerable rise of 123 % 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 had a strong increase of 223 % during the last two months.

Average price per bedrooms

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 $1,000 they are 29 % more affordable than the average price for Wetumpka . The properties with the highest average price have 4 bedrooms, Their price is 145 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,103.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.64 / sq.feet, with an average $0.66 / sq.feet price in Wetumpka. The properties with the most expensive average prices have 4 bedrooms. They are 42 % more expensive than the average followed by properties with 1 bedroom with a price at $0.88 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,000 it is 28 % more affordable than the average price in Wetumpka. "Commercial" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Commercial". At a price of $1,146 it is 63 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.54 / sq.feet followed by "House" priced at $0.76 / sq.feet. "Commercial" is the most expensive type of property with a $10 / sq.feet value followed by "House" with an average price of $0.76 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Wetumpka
Number of properties used in region Alabama
$1,000
$0.66
248
27,776
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value