Property prices for rent in Charlottesville (Virginia)

The rent prices in real estate in Charlottesville, 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.

$1,593.17
Average price last 6 months
$2.52
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Charlottesville has risen during the last 6 months. In May, the average price per sq.feet was $2.32. In the following month the price per sq.feet rose considerably to $3.98. The price for the following two months in (July, August) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $3.05 to $1.47 during September, and October.

Average price

When referring to the price in Charlottesville (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,509. In June This price remains at $1,498. In the following two months the average price has hardly changed with regard to the previous two months from $1,503.5 to $1,545. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

Average price per bedrooms

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 $1,770 they are 31 % more affordable than the average price for Charlottesville . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,943.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.35 / sq.feet, with an average $1.45 / sq.feet price in Charlottesville. The properties with the most expensive average prices have 4 bedrooms. They are 21 % more expensive than the average followed by properties with 1 bedroom with a price at $1.62 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,770 it is 68 % more affordable than the average price in Charlottesville. "Commercial" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,775 it is 6 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $0.93 / sq.feet followed by "Office" priced at $1.08 / sq.feet. "House" is the most expensive type of property with a $1.69 / sq.feet value followed by "Condo" with an average price of $1.24 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Charlottesville
Number of properties used in region Virginia
$1,770
$1.45
4,234
147,110
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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