Property prices for rent in Greensboro (North Carolina)

The rent prices in real estate in Greensboro, in the North Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Greensboro has had a strong fall during the last 6 months. In March, the average price per sq.feet was $27.52. In the following month the price per sq.feet fell considerably to $18.17. The price for the following two months in (May, June) had a considerable fall of 4 with regard to the previous two months. The price per sq.feet has fallen 85 % 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 $11.91 to $10.17 during July, and August.

Average price

When referring to the price in Greensboro (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,119. In April This price remains at $1,138. During the following two months (May, June) the average price had a considerable fall of 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

Average price per bedrooms

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 $1,328 they are 14 % more affordable than the average price for Greensboro . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,461.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.88 / sq.feet, with an average $19.29 / sq.feet price in Greensboro. The properties with the most affordable average prices have 1 bedroom. They are 10 % more affordable than the average followed by properties with 2 bedrooms with a price at $16.98 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,328 it is 35 % more affordable than the average price in Greensboro. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $1,433 it is 49 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.03 / sq.feet followed by "Apartment" priced at $1.16 / sq.feet. "Condo" is the most expensive type of property with a $132.16 / sq.feet value followed by "Townhouse" with an average price of $59 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Greensboro
Number of properties used in region North Carolina
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value