Introduction
Average Rental Price for a 1143 Sqft Home in 72450,where 72450 is a zip code.Now that you know the zip code 72450, let’s take a word about it. Situated in Paragould, Arkansas, this zip code is aware of the history of the place and its warm residents. Paragould is a city with an urban feel and a bit of rural flavor.
Factors Affecting Rental Prices
Several factors can influence the rental price of a home, including:
- Square Footage: The size of the home directly impacts its rental value. Larger homes generally command higher rents.
- Location: Homes in desirable neighborhoods or areas with good schools, transportation, and amenities tend to have higher rental prices.
- Amenities: The presence of features like a pool, garage, or updated appliances can increase the rental value.
- Condition: The overall condition of the home, including its maintenance and upkeep, affects its rental appeal.
- Market Demand: The demand for rental housing in a specific area can drive prices up or down.
Average Rental Price for a 1143 Sqft Home in 72450
Based on current market data, the average rental price for a 1143 square foot home in the 72450 zip code is approximately $1,000 per month. However, this is just an estimate, and actual prices can vary depending on the factors mentioned above.
Factors Affecting Rental Prices in 72450
- Proximity to Amenities: Homes closer to schools, parks, shopping centers, and restaurants may have higher rental prices.
- School Districts: Families with children often prioritize school districts when choosing a rental property. Homes in highly rated school districts can be more expensive.
- Property Age and Condition: Older homes may have lower rental prices compared to newer, more modern properties. The condition of the home, including its maintenance and updates, also plays a role.
- Neighborhood Safety: The safety and security of a neighborhood can significantly impact rental prices. Homes in safer areas tend to be more desirable and command higher rents.
Table: Average Rental Prices in 72450
| Home Size (sqft) | Average Monthly Rent |
|---|---|
| 800 | $800 |
| 1000 | $950 |
| 1200 | $1,100 |
| 1400 | $1,250 |
| 1600 | $1,400 |
Tips for Finding a Rental in 72450
- Start Early: Begin your search well in advance to allow ample time to find the right property.
- Set a Budget: Determine your monthly rental budget and stick to it.
- Consider Your Needs: Think about your lifestyle and preferences when choosing a home. Consider factors like proximity to work, schools, and amenities.
- Research Neighborhoods: Explore different neighborhoods in the 72450 zip code to find one that suits your needs and preferences.
- Be Prepared to Act Quickly: Desirable rental properties can be in high demand. Be prepared to act quickly when you find a home that meets your criteria.
FAQs
1. What is the average rental price for a 2-bedroom apartment in 72450?
The average rental price for a 2-bedroom apartment in 72450 is around $800 per month. However, prices can vary depending on the size, location, and amenities of the apartment.
2. Are there any affordable housing options available in 72450?
Yes, there are affordable housing options available in 72450. You can check with local housing authorities and non-profit organizations for information on affordable rental assistance programs and subsidized housing.
3. What is the average home price in 72450?
The average home price in 72450 is approximately $150,000. However, home prices can vary significantly depending on the size, location, and condition of the property.
4. Is 72450 a safe place to live?
72450 is generally considered a safe place to live. However, it’s always a good idea to research crime rates and talk to local residents to get a better sense of the neighborhood.
5. What are the best neighborhoods in 72450?
Conclusion
The average rental value of a 1143 square feet home in the 72450 zip code is about $1,000 a month. Still, this can only be a postulation since the difference in actual values can be reliant on locations, amenities, condition of properties, and demand in the market.