The rent prices in real estate in Fayetteville, 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 Fayetteville has risen during the last 6 months. In November, the average price per sq.feet was $0.93. In the following month the price per sq.feet rose to $0.98. In the following two months the price per sq.feet has practically remained the same, going from $0.95 to $0.99 per sq.feet. The price per sq.feet has risen 110 % 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 $0.97 to $1.07 during March, and April.
When referring to the price in Fayetteville (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,108, rising in December till $1,211. In the following two months the average price has hardly changed with regard to the previous two months from $1,159.5 to $1,158. 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 $1,158.75 and $1,104 between March and April.
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 $1,170 they are 24 % more affordable than the average price for Fayetteville . The properties with the highest average price have 4 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,340.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.88 / sq.feet, with an average $1.05 / sq.feet price in Fayetteville. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.08 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,170 it is 33 % more affordable than the average price in Fayetteville. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,011 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.98 / sq.feet followed by "House" priced at $1.19 / sq.feet. "Townhouse" is the most expensive type of property with a $24 / sq.feet value followed by "House" with an average price of $1.19 / sq.feet.