The rent prices in real estate in Greensboro, 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 Greensboro has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.98. In October this price barely changed remaining at $0.97 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 2923 %. The price per sq.feet has had a considerable rise of 189 % 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 $14.74 to $27.82 during January, and February.
When referring to the price in Greensboro (cities), this has risen considerably in the last 6 months. The rent price in September is $851, rising in October till $964. During the following two months (November, December) the average price had a considerable rise of 133 % 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 111 % during the last two months.
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 $1,170 they are 18 % more affordable than the average price for Greensboro . The properties with the highest average price have 4 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,467.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $17.09 / sq.feet, with an average $38.91 / sq.feet price in Greensboro. The properties with the most expensive average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $23.5 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,170 it is 26 % 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 $1,445 it is 31 % 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 $0.92 / sq.feet followed by "Apartment" priced at $25.92 / sq.feet. "Condo" is the most expensive type of property with a $101.74 / sq.feet value followed by "Townhouse" with an average price of $65 / sq.feet.