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.
The price per sq.feet in Charlottesville has risen during the last 6 months. In May, the average price per sq.feet was $1.33. In June this price barely changed remaining at $1.38 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.36 to $1.43 per sq.feet. The price per sq.feet has risen 110 % 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 $1.39 to $1.53 during September, and October.
When referring to the price in Charlottesville (cities), there have hardly been any changes in the last 6 months. The average price for May is $1,628. During June the price had a slight fall till $1,532. In the following two months the average price has hardly changed with regard to the previous two months from $1,580 to $1,593.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,786 they are 32 % more affordable than the average price for Charlottesville . The properties with the highest average price have 4 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,999.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.44 / sq.feet, with an average $1.66 / sq.feet price in Charlottesville. The properties with the most expensive average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $1.75 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,786 it is 68 % more affordable than the average price in Charlottesville. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,689 it is 4 % 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 $1.35 / sq.feet followed by "House" priced at $1.81 / sq.feet. "House" is the most expensive type of property with a $1.81 / sq.feet value followed by "Condo" with an average price of $1.35 / sq.feet.