The rent prices in real estate in Elizabeth City, in the North Carolina 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 Elizabeth City has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose considerably to $4.11. The price for the following two months in (March, April) had a considerable rise of 212 %. The price per sq.feet has had a considerable fall of 27 % 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 $4.06 to $1.1 during May, and June.
When referring to the price in Elizabeth City (cities), this has fallen in the last 6 months. The rent price in January is $1,264, rising in February till $1,397. During the following two months (March, April) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,241.5 to $1,143 in May and June.
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 $1,362 they are 65 % more affordable than the average price for Elizabeth City . The properties with the lowest average price have 4 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,029.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 131 % more expensive than the average price of ($3 / sq.feet) in Elizabeth City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 131 % more expensive than the average value aforementioned.
According to average price per property type in Elizabeth City, "" priced at $798 is 41 % lower than the average price ($1,362) in this city.