Property prices for rent in Front Royal (Virginia)
The rent prices in real estate in Front Royal, 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 Front Royal has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.59. In the following month the price per sq.feet fell to $1.46. The price for the following two months in (December, January) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.3 to $1.19 during February, and March.
When referring to the price in Front Royal (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,823. During November the price went through a considerable rise reaching $2,336. During the following two months (December, January) the price has had an average rise from $2,079.5 to $2,198.5. 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 $2,139 and $2,229.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,283 they are 19 % more affordable than the average price for Front Royal . The properties with the highest average price have 3 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,165.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.27 / sq.feet price in Front Royal. The properties with the most expensive average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.23 / sq.feet.
According to average price per property type in Front Royal, "" priced at $1,655 is 28 % lower than the average price ($2,283) in this city.
