The rent prices in real estate in Colonial Heights, 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 Colonial Heights has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.02. In the following month the price per sq.feet rose considerably to $1.21. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.15 per sq.feet. The price per sq.feet has had a considerable rise of 3410 % 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 $1.13 to $38.7 during February, and March.
When referring to the price in Colonial Heights (cities), this has risen considerably in the last 6 months. The average price for October is $967. During November the price had a slight fall till $914. During the following two months (December, January) the average price had a considerable rise of 116 % 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 122 % 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 $1,236 they are 35 % more affordable than the average price for Colonial Heights . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 3 bedrooms priced at $896.
According to average price per property type in Colonial Heights, "" priced at $896 is 28 % lower than the average price ($1,236) in this city.