The rent prices in real estate in Gloucester, in the Virginia region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Gloucester has fallen during the last 6 months. In October, the average price per sq.feet was $1.16. In the following month the price per sq.feet fell to $1. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has risen 108 % 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 $1.04 to $1.12 during February, and March.
When referring to the price in Gloucester (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $1,518. During November the price went through a considerable rise reaching $1,848. In the following two months the average price has hardly changed with regard to the previous two months from $1,683 to $1,686.5. 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 $1,684.75 and $1,667.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 25 % more affordable than the average price of $1,379 in Gloucester. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
According to average price per property type in Gloucester, "" priced at $1,379 is 25 % lower than the average price ($1,846) in this city.