The average rent price in the Nebraska region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.
The price per sq.feet in Nebraska has fallen considerably in the last 6 months. During June, the average price per sq.feet was $4.87. The following month (July) the price had a considerable rise reaching $6.2 per sq.feet. The following two months (August, September) went through a considerable fall of 19 % 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 $3.29 for the first four months of the sample with regard to the previous 4 months and the price of $1.03 per sq.feet for the last two months (October, November).
When referring to the price in Nebraska(region), there have hardly been any changes in the last 6 months. The average rent price in June is $995. In July the price rose to $1,064. In the following two months the average price practically remained the same compared to the previous two going from $1,029.5 to $994.5. During the last two months the average price has not gone through any changes and has gone from $1,012 to $971.5 during October and November.
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 Nebraska followed by those with 2 with an average price of $904. The most expensive properties have 4 bedrooms. They are 75 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,224.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.85 / sq.feet being $1.05 / sq.feet the average for Nebraska. The properties with the highest average price are those with 1 bedroom. These are 10 % more expensive than the average followed by those with 2 bedrooms with a price of $0.94 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $951 it is 7 % cheaper than the average in Nebraska. This is followed by "" with a cost of $912. The most expensive property type is "Office" and is 2000 % more costly than the average, followed by "Commercial" with a cost of $2,607.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.62 / sq.feet, followed by "Condo" with a price of $0.69 / sq.feet. "Office" with an average price of $17.2 / sq.feet is the most expensive type of property followed by "House" at a price of $1.07 / sq.feet.