The average rent price in the Mississippi region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Mississippi has fallen in the last 6 months. During July, the average price per sq.feet was $1.49. In August the price barely changed remaining at $1.54 per sq.feet. The following two months (September, October) went through a considerable fall of 77 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has risen 106 %. This has been obtained by comparing the price $1.34 for the first four months of the sample with regard to the previous 4 months and the price $1.42 per sq.feet for the last two months (November, December).
When referring to the price in Mississippi (region), this has fallen in the last 6 months. In the first month sample July the average price is $1,599. In August the price remains at $1,572. In the following two months the average price has fallen 85 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,464.75 to $1,517.5 during November and December.
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 3 % cheaper than the average price in Mississippi followed by those with 3 with an average price of $1,500. The most expensive properties have 4 bedrooms. They are 11 % more expensive than the average followed by those properties with 2 bedrooms priced at $1,577.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.9 / sq.feet being $1.36 / sq.feet the average for Mississippi. The properties with the highest average price are those with 1 bedroom. These are 46 % more expensive than the average followed by those with 2 bedrooms with a price of $1.47 / 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 $1,544 it is 36 % cheaper than the average in Mississippi. This is followed by "Condo" with a cost of $1,451. The most expensive property type is "House" and is 2 % more costly than the average, followed by "Condo" with a cost of $1,451.
Based upon the average cost per sq.feet the most expensive property type is "Condo with a an average price of $1.44 / sq.feet, followed by "House" with a price of $1.76 / sq.feet. "House" with an average price of $1.76 / sq.feet is the most expensive type of property followed by "Condo" at a price of $1.44 / sq.feet.