Property prices for rent in Alabama region

The average rent price in the Alabama region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.

$1,053.67
Average price last 6 months
$2.16
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alabama has fallen considerably in the last 6 months. During May, the average price per sq.feet was $4.92. The following month (June) the price had a considerable fall reaching $2.76 per sq.feet. The following two months (July, August) went through a considerable fall of 46 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 31 %. This has been obtained by comparing the price of $2.8 for the first four months of the sample with regard to the previous 4 months and the price of $0.88 per sq.feet for the last two months (September, October).

Average price

When referring to the price in Alabama(region), this has risen in the last 6 months. In the first month sample for May the average price is $976. During June it went through a strong rise reaching $1,200 The average price for the following two months (July, August) fell 93 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,050.75 to $1,059.5 during September and October.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 14 % cheaper than the average price in Alabama followed by those with 2 with an average price of $963. The most expensive properties have 4 bedrooms. They are 43 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,084.

Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.77 / sq.feet being $0.86 / sq.feet the average for Alabama. The properties with the highest average price are those with 1 bedroom. These are 42 % more expensive than the average followed by those with 2 bedrooms with a price of $0.91 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,020 it is 8 % cheaper than the average in Alabama. This is followed by "Office" with a cost of $995. The most expensive property type is "Commercial" and is 89 % more costly than the average, followed by "Condo" with a cost of $1,106.

Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.74 / sq.feet, followed by "Condo" with a price of $0.75 / sq.feet. "Office" with an average price of $1.07 / sq.feet is the most expensive type of property followed by "House" at a price of $0.92 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in region Alabama
$1,020
$0.86
30,836
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Montgomery, Al. 3 Bed, 2 Bath
 32
Brand New Home In Montgomery, Al. 3 Bed, 2 Bath
$169,500
Montgomery, Alabama - For Sale - House - 1,448 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the azalea plan by goodwyn building, and is located in the community of the dexter ridge at 1337 pondcypress...
Brand New Home In Montgomery, Al. 4 Bed, 2 Bath
 42
Brand New Home In Montgomery, Al. 4 Bed, 2 Bath
$199,500
Montgomery, Alabama - For Sale - House - 1,764 sq.feet - 4 bedrooms - 2 bathrooms
This new construction, quick delivery home is the savannah plan by goodwyn building, and is located in the community of the somerhill at 6621 berrydale drive,...
Brand New Home In Prattville, Al. 3 Bed, 2 Bath
 11
Brand New Home In Prattville, Al. 3 Bed, 2 Bath
$182,938
Prattville, Alabama - For Sale - House - 1,517 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the oak plan by goodwyn building, and is located in the community of the oaks of buena at 458 buena vista way,...
Brand New Home In Prattville, Al. 5 Bed, 3 Bath
 66
Brand New Home In Prattville, Al. 5 Bed, 3 Bath
$437,301
Prattville, Alabama - For Sale - House - 4,291 sq.feet - 5 bedrooms - 4 bathrooms
This new construction, quick delivery home is the kensington plan by stone martin builders, and is located in the community of the glennbrooke at 502 mercer...
Brand New Home In Montgomery, Al. 3 Bed, 2 Bath
 36
Brand New Home In Montgomery, Al. 3 Bed, 2 Bath
$170,968
Montgomery, Alabama - For Sale - House - 1,448 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the azalea plan by goodwyn building, and is located in the community of the somerhill at 6466 triston way,...