Property prices for rent in Albemarle (North Carolina)

The rent prices in real estate in Albemarle, in the North Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$996
Average price last 6 months
$2.06
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Albemarle has had a strong fall during the last 6 months. In December, the average price per sq.feet was $4. In the following month the price per sq.feet rose considerably to $5. The price for the following two months in (February, March) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $2.68 to $0.81 during April, and May.

Average price

When referring to the price in Albemarle (cities), this has fallen in the last 6 months. The average price for December is $1,044. During January the price had a considerable fall till $850. During the following two months (February, March) the price has had an average rise from $947 to $1,037.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $992.25 and $1,003.5 between April and May.

Average price per bedrooms

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 $850 they are 53 % more affordable than the average price for Albemarle . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 4 bedrooms priced at $674.

Price per property type

According to average price per property type in Albemarle, "" priced at $674 is 21 % lower than the average price ($850) in this city.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Albemarle
Number of properties used in region North Carolina
$850
$0.83
68
125,164
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value