The rent prices in real estate in Bumpass, in the Virginia 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 Bumpass has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $2.32. The price for the following two months in (December, January) had a considerable fall of 37 with regard to the previous two months. The price per sq.feet has had a considerable rise of 631 % 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 $0.79 to $5 during February, and March.
When referring to the price in Bumpass (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,611. During November the price went through a considerable rise reaching $2,000. During the following two months (December, January) the price has had an average rise from $1,805.5 to $2,075. 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 $1,940.25 and $1,998.5 between February and March.
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 $2,535 they are 46 % more affordable than the average price for Bumpass . The properties with the lowest average price have 1 bedroom, Their price is 46 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,358.
According to average price per property type in Bumpass, "" priced at $1,358 is 46 % lower than the average price ($2,535) in this city.