The rent prices in real estate in Gibsonville, 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 Gibsonville has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.08. In the following month the price per sq.feet rose to $1.21. The price for the following two months in (May, June) had a considerable rise of 118 %. The price per sq.feet has risen 109 % 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 $1.25 to $1.36 during July, and August.
When referring to the price in Gibsonville (cities), this has risen in the last 6 months. The average price during our first sample month during March, is $1,462. During April the price went through a considerable rise reaching $1,852. In the following two months the average price has hardly changed with regard to the previous two months from $1,657 to $1,644. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,650.5 to $1,447.5 in July and August.
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 $1,796 they are 61 % more affordable than the average price for Gibsonville . The properties with the lowest average price have 4 bedrooms, Their price is 42 % more affordable than the average. After that we have properties with 2 bedrooms priced at $994.
According to average price per property type in Gibsonville, "" priced at $1,048 is 42 % lower than the average price ($1,796) in this city.