Property prices for rent in Gibsonville (North Carolina)
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.
