The rent prices in real estate in Boone, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Boone has risen strongly during the last 6 months. In October, the average price per sq.feet was $8.18. In the following month the price per sq.feet rose to $8.86. The price for the following two months in (December, January) had a considerable rise of 118 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $9.3 to $9.15 during February y March
When referring to the price in Boone (cities), this has risen considerably in the last 6 months. The rent price in October is $9,771, rising in November till $11,028. During the following two months (December, January) the price has had an average rise from $10,399.5 to $11,959. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $13,873 they are 91 % more affordable than the average price for Boone . The properties with the highest average price have 3 bedrooms, Their price is 89 % more expensive than the average. After that we have properties with 4 bedrooms priced at $16,364.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.14 / sq.feet, with an average $9.45 / sq.feet price in Boone. The properties with the most expensive average prices have 3 bedrooms. They are 185 % more expensive than the average followed by properties with 4 bedrooms with a price at $8.94 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $13,873 it is 92 % more affordable than the average price in Boone. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,193 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.74 / sq.feet followed by "House" priced at $16.31 / sq.feet. "House" is the most expensive type of property with a $16.31 / sq.feet value followed by "Apartment" with an average price of $1.74 / sq.feet.