The rent prices in real estate in Fairfax Station, 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.
The price per sq.feet in Fairfax Station has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.38. In the following month the price per sq.feet rose considerably to $1.65. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 45 % 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 $1.4 to $0.63 during February, and March.
When referring to the price in Fairfax Station (cities), this has fallen in the last 6 months. The average price for October is $4,050. During November the price had a slight fall till $3,525. During the following two months (December, January) the price has had an average rise from $3,787.5 to $4,249.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $4,018.5 to $3,600.5 in February and March.
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 $3,413 they are 49 % more affordable than the average price for Fairfax Station . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,730.
According to average price per property type in Fairfax Station, "" priced at $3,562 is 4 % more expensive than the average price ($3,413) in this city.