Property prices for rent in Folly Beach (South Carolina)
The rent prices in real estate in Folly Beach, in the South 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 Folly Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.87. In the following month the price per sq.feet rose considerably to $3.6. In the following two months the price per sq.feet has practically remained the same, going from $3.23 to $3.37 per sq.feet. The price per sq.feet has had a considerable rise of 127 % 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 $3.3 to $4.18 during February, and March.
When referring to the price in Folly Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $5,500. In November This price remains at $5,563. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. 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 $5,347 and $5,241.5 between 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 $5,850 they are 46 % more affordable than the average price for Folly Beach . The properties with the lowest average price have 2 bedrooms, Their price is 15 % more affordable than the average. After that we have properties with 3 bedrooms priced at $3,252.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $4.84 / sq.feet price in Folly Beach. The properties with the most expensive average prices have 3 bedrooms. They are 644 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,850 it is 54 % more affordable than the average price in Folly Beach. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $2,666 it is 44 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $36 / sq.feet. "House" at an average price of $36 / sq.feet has the highest price and would be directed at more affluent cities.
