The rent prices in real estate in Elizabeth City, 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 Elizabeth City has risen during the last 6 months. In May, the average price per sq.feet was $0.73. In the following month the price per sq.feet fell to $0.65. In the following two months the price per sq.feet has risen 114 %, going from $0.69 to $0.79 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $0.74 to $0.87 during September, and October.
When referring to the price in Elizabeth City (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $743. In June This price remains at $752. In the following two months the average price has hardly changed with regard to the previous two months from $747.5 to $778. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $762.75 to $670 in September and October.
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 $700 they are 16 % more affordable than the average price for Elizabeth City . The properties with the highest average price have 4 bedrooms, Their price is 91 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,111.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.84 / sq.feet, with an average $0.86 / sq.feet price in Elizabeth City. The properties with the most expensive average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.87 / sq.feet.
According to average price per property type in Elizabeth City, "" priced at $806 is 15 % more expensive than the average price ($700) in this city.