Property prices for rent in Alabama region

The price per sq.feet in Alabama has risen in the last 6 months. During December, the average price per sq.feet was $1.07. In January the price barely changed remaining at $1.11 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.09 to $1.11 per sq.feet. In the last two months, the price per sq.feet has risen 108 %. This has been obtained by comparing the price $1.1 for the first four months of the sample with regard to the previous 4 months and the price $1.18 per sq.feet for the last two months (April, May).

When referring to the price in Alabama(region), there have hardly been any changes in the last 6 months. In the first month sample December the average price is $1,415. In January the price remains at $1,415. In the following two months the average price practically remained the same compared to the previous two going from $1,415 to $1,366. During the last two months the price has gone up 106 % compared to the previous average values going from $1,390.5 a $1,478.5 in April y May.

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 26 % cheaper than the average price in Alabama followed by those with 2 with an average price of $1,339. The most expensive properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,488.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.99 / sq.feet being $1.17 / sq.feet the average for Alabama. The properties with the highest average price are those with 1 bedroom. These are 36 % more expensive than the average followed by those with 2 bedrooms with a price of $1.27 / sq.feet.

The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $1,523 it is 56 % cheaper than the average in Alabama. This is followed by "Condo" with a cost of $1,231. The most expensive property type is "Detached House" and is 31 % more costly than the average, followed by "Commercial" with a cost of $1,884.

Based upon the average cost per sq.feet the most affordable property type is "House with a an average price of $1 / sq.feet, followed by "Commercial" with a price of $1.04 / sq.feet. "Land" with an average price of $1.4 / sq.feet is the most expensive type of property followed by "Condo" at a price of $1.22 / sq.feet.