Property prices for rent in Advance (North Carolina)
The rent prices in real estate in Advance, 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 Advance has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.08. In December this price barely changed remaining at $1.07 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 27942 %. The price per sq.feet has had a considerable rise of 235 % 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 $150.73 to $353.5 during March, and April.
When referring to the price in Advance (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,892. In December This price remains at $1,833. During the following two months (January, February) the average price fell 94 % 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 increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,945 they are 26 % more affordable than the average price for Advance . The properties with the lowest average price have 1 bedroom, Their price is 16 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,444.
According to average price per property type in Advance, "" priced at $1,444 is 26 % lower than the average price ($1,945) in this city.
