The rent prices in real estate in Davidson, in the North Carolina 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 Davidson has risen during the last 6 months. In May, the average price per sq.feet was $1.05. In June this price barely changed remaining at $1.05 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.08 per sq.feet. The price per sq.feet has had a considerable rise of 122 % 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 $1.07 to $1.3 during September, and October.
When referring to the price in Davidson (cities), this has fallen considerably in the last 6 months. The average price for May is $1,784. During June the price had a slight fall till $1,642. During the following two months (July, August) the average price had a considerable fall of 82 % 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 $1,560 to $1,167.5, which means a 75 % fall.
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 $1,172 they are 16 % more affordable than the average price for Davidson . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,278.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.29 / sq.feet price in Davidson. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.29 / sq.feet.
According to average price per property type in Davidson, "" priced at $1,190 is 2 % more expensive than the average price ($1,172) in this city.