The average rent price in the South Carolina 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 South Carolina has fallen in the last 6 months. During September, the average price per sq.feet was $1.62. The following month the price fell to $1.52 per sq.feet. The following two months (November, December) went through a fall of 94 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has fallen 89 %. This has been obtained by comparing the price $1.52 for the first four months of the sample with regard to the previous 4 months and the price $1.36 per sq.feet for the last two months (January, February).
When referring to the price in South Carolina(region), there have hardly been any changes in the last 6 months. In the first month sample September the average price is $1,894. In October the price remains at $1,964. In the following two months the average price practically remained the same compared to the previous two going from $1,929 to $2,016. During the last two months the average price has not gone through any changes and has gone from $1,972.5 to $1,883.5 during January and February.
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 28 % cheaper than the average price in South Carolina followed by those with 2 with an average price of $1,667. The most expensive properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,942.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.11 / sq.feet being $1.38 / sq.feet the average for South Carolina. The properties with the highest average price are those with 1 bedroom. These are 40 % more expensive than the average followed by those with 2 bedrooms with a price of $1.58 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,926 it is 23 % cheaper than the average in South Carolina. This is followed by "Commercial" with a cost of $1,596. The most expensive property type is "Detached House" and is 90 % more costly than the average, followed by "Townhouse" with a cost of $3,259.
Based upon the average cost per sq.feet the most affordable property type is "House with a an average price of $1.15 / sq.feet, followed by "Commercial" with a price of $1.26 / sq.feet. "Townhouse" with an average price of $3 / sq.feet is the most expensive type of property followed by "Detached House" at a price of $2.19 / sq.feet.