Property prices for rent in Fayetteville (North Carolina)
The rent prices in real estate in Fayetteville, 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 Fayetteville has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.86. In the following month the price per sq.feet rose considerably to $1.08. In the following two months the price per sq.feet has risen 111 %, going from $0.97 to $1.08 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 $1.03 to $1.13 during March, and April.
When referring to the price in Fayetteville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,048. During December the price went through a considerable rise reaching $1,354. During the following two months (January, February) the price has had an average rise from $1,201 to $1,302.5. 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 $1,251.75 and $1,287.5 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 $1,324 they are 21 % more affordable than the average price for Fayetteville . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,464.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.99 / sq.feet, with an average $1.14 / sq.feet price in Fayetteville. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.17 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,324 it is 42 % more affordable than the average price in Fayetteville. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,184 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.05 / sq.feet followed by "Condo" priced at $1.36 / sq.feet. "Townhouse" is the most expensive type of property with a $12 / sq.feet value followed by "Condo" with an average price of $1.36 / sq.feet.
