Property prices for rent in Glen Allen (Virginia)
The rent prices in real estate in Glen Allen, in the Virginia 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 Glen Allen has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.04. In the following month the price per sq.feet rose considerably to $4.73. The price for the following two months in (July, August) had a considerable rise of 116 %. The price per sq.feet has had a considerable fall of 34 % 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 $3.12 to $1.05 during September, and October.
When referring to the price in Glen Allen (cities), this has risen in the last 6 months. The rent price in May is $1,708, rising in June till $1,854. In the following two months the average price has hardly changed with regard to the previous two months from $1,781 to $1,823. 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 $1,802 and $1,775 between September and October.
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 $1,820 they are 33 % more affordable than the average price for Glen Allen . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,752.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % more affordable than the average price of ($1 / sq.feet) in Glen Allen. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,820 it is 18 % more affordable than the average price in Glen Allen. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,774 it is 3 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
