The rent prices in real estate in Cape Charles, 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 Cape Charles has risen during the last 6 months. In October, the average price per sq.feet was $1.83. In November this price barely changed remaining at $1.83 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $1.83 to $2.01 per sq.feet. The price per sq.feet has risen 108 % 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 $1.92 to $2.07 during February, and March.
When referring to the price in Cape Charles (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $1,871. In November This price remains at $1,871. During the following two months (December, January) the average price had a considerable rise of 119 % 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 118 % 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 $2,475 they are 41 % more affordable than the average price for Cape Charles . The properties with the lowest average price have 2 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,696.
With regard to the average prices per sq.feet those properties with 1 bedroom are 53 % more affordable than the average price of ($1 / sq.feet) in Cape Charles. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 53 % more affordable than the average value aforementioned.
According to average price per property type in Cape Charles, "" priced at $1,462 is 41 % lower than the average price ($2,475) in this city.