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 September, the average price per sq.feet was $1.81. In October this price barely changed remaining at $1.78 per sq.feet. The price for the following two months in (November, December) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 142 % 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 $1.75 to $2.49 during January, and February.
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 September, the average price is $1,567. In October This price remains at $1,523. In the following two months the average price has hardly changed with regard to the previous two months from $1,545 to $1,608.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,576.75 and $1,578 between January and February.
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 $1,618 they are 26 % more affordable than the average price for Elizabeth City . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,567.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.33 / sq.feet, with an average $3.08 / sq.feet price in Elizabeth City. The properties with the most expensive average prices have 4 bedrooms. They are 12923 % more expensive than the average followed by properties with 1 bedroom with a price at $70.69 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,618 it is 8 % more affordable than the average price in Elizabeth City. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,567 it is 96 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $3.4 / sq.feet followed by "Apartment" priced at $63.24 / sq.feet. "Apartment" is the most expensive type of property with a $63.24 / sq.feet value followed by "House" with an average price of $3.4 / sq.feet.