The rent prices in real estate in Blacksburg, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Blacksburg has risen during the last 6 months. In September, the average price per sq.feet was $1.16. In October this price barely changed remaining at $1.21 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from $1.18 to $1.29 per sq.feet. The price per sq.feet has risen 110 % 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 $1.24 to $1.37 during January, and February.
When referring to the price in Blacksburg (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,358. In October This price remains at $1,407. In the following two months the average price has hardly changed with regard to the previous two months from $1,382.5 to $1,429.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,667 they are 46 % more affordable than the average price for Blacksburg . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,563.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % more affordable than the average price of ($1 / sq.feet) in Blacksburg. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,667 it is 41 % more affordable than the average price in Blacksburg. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,613 it is 7 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.