Property prices for rent in Abingdon (Virginia)
The rent prices in real estate in Abingdon, in the Virginia 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 Abingdon has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.42. In the following month the price per sq.feet fell to $1.32. The price for the following two months in (December, January) had a considerable rise of 135 %. The price per sq.feet has had a considerable rise of 217 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.61 to $3.5 during February, and March.
When referring to the price in Abingdon (cities), this has risen considerably in the last 6 months. The rent price in October is $1,385, rising in November till $1,464. During the following two months (December, January) the average price had a considerable rise of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 244 % 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 $5,982 they are 79 % more affordable than the average price for Abingdon . The properties with the highest average price have 2 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,211.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $5.46 / sq.feet price in Abingdon. The properties with the most expensive average prices have 2 bedrooms. They are 47 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,982 it is 85 % more affordable than the average price in Abingdon. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $1,298 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "House" priced at $6 / sq.feet. "House" is the most expensive type of property with a $6 / sq.feet value followed by "Land" with an average price of $1 / sq.feet.
