Property prices for rent in Charlotte (North Carolina)

The price per sq.feet in Charlotte has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.44. In the following month the price per sq.feet rose considerably to $1.67. In the following two months the price per sq.feet has risen 105 %, going from $1.55 to $1.64 per sq.feet. The price per sq.feet has risen 114 % 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 $1.6 to $1.83 during July, and August.

When referring to the price in Charlotte (cities), this has risen in the last 6 months. The average price during our first sample month during March, is $1,777. During April the price went through a considerable rise reaching $2,185. In the following two months the average price has hardly changed with regard to the previous two months from $1,981 to $2,075.5. 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 $2,028.25 to $1,920 in July and August.

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 $1,668 they are 10 % more affordable than the average price for Charlotte . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,257.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.84 / sq.feet price in Charlotte. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.69 / sq.feet.

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,668 it is 0 % more affordable than the average price in Charlotte. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Duplex" followed by "". At a price of $2,481 it is 51 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.31 / sq.feet followed by "Townhouse" priced at $1.66 / sq.feet. "House" is the most affordable type of property with a $1.84 / sq.feet value followed by "Duplex" with an average price of $1.68 / sq.feet.