Property prices for rent in Danville (Virginia)

The rent prices in real estate in Danville, in the Virginia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,900
Average price last 6 months
$1.86
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Danville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $5.68. In the following month the price per sq.feet fell considerably to $1.21. The price for the following two months in (December, January) had a considerable fall of 31 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 $2.25 to $1.09 during February, and March.

Average price

When referring to the price in Danville (cities), this has fallen considerably in the last 6 months. The average price for October is $4,675. During November the price had a considerable fall till $1,503. During the following two months (December, January) the average price had a considerable fall of 42 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,185.75 to $1,328.5, which means a 61 % fall.

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 $1,367 they are 40 % more affordable than the average price for Danville . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,349.

Price per property type

According to average price per property type in Danville, "" priced at $899 is 34 % lower than the average price ($1,367) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Danville
Number of properties used in region Virginia
$1,367
$1.02
250
271,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value