Property prices for rent in Albemarle (North Carolina)

The rent prices in real estate in Albemarle, 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.

$947.67
Average price last 6 months
$2.51
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Albemarle has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.61. In the following month the price per sq.feet rose to $0.67. The price for the following two months in (December, January) had a considerable rise of 1016 %. The price per sq.feet has had a considerable fall of 11 % 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 $3.57 to $0.4 during February, and March.

Average price

When referring to the price in Albemarle (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $967. In November This price remains at $994. In the following two months the average price has hardly changed with regard to the previous two months from $980.5 to $950. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $965.25 to $912.5 in February and March.

Average price per bedrooms

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 $730 they are 23 % more affordable than the average price for Albemarle . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 4 bedrooms priced at $683.

With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % more expensive than the average price of ($0.86 / sq.feet) in Albemarle. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % more expensive than the average value aforementioned.

Price per property type

According to average price per property type in Albemarle, "" priced at $683 is 6 % lower than the average price ($730) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Albemarle
Number of properties used in region North Carolina
$730
$0.79
92
93,744
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value