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 February, the average price per sq.feet was $1.04. In the following month the price per sq.feet rose considerably to $1.22. In the following two months the price per sq.feet has practically remained the same, going from $1.13 to $1.14 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.14 to $1.11 during June y July
When referring to the price in Blacksburg (cities), this has risen considerably in the last 6 months. The average price for February is $1,486. During March the price had a slight fall till $1,334. During the following two months (April, May) the average price had a considerable rise of 139 % 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 115 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,760 they are 25 % more affordable than the average price for Blacksburg . The properties with the highest average price have 4 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,717.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.33 / sq.feet, with an average $1.2 / sq.feet price in Blacksburg. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.33 / sq.feet.
According to average price per property type in Blacksburg, "" priced at $1,239 is 30 % lower than the average price ($1,760) in this city.