The rent prices in real estate in Harrisonburg, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Harrisonburg has risen during the last 6 months. In May, the average price per sq.feet was $0.86. In the following month the price per sq.feet fell to $0.81. In the following two months the price per sq.feet has practically remained the same, going from $0.83 to $0.86 per sq.feet. The price per sq.feet has had a considerable rise of 126 % 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 $0.85 to $1.07 during September, and October.
When referring to the price in Harrisonburg (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $1,100. In June This price remains at $1,095. In the following two months the average price has hardly changed with regard to the previous two months from $1,097.5 to $1,053. 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 $1,075.25 and $1,027 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 $1,011 they are 4 % more affordable than the average price for Harrisonburg . The properties with the highest average price have 3 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,209.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.7 / sq.feet, with an average $1.05 / sq.feet price in Harrisonburg. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.09 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,011 it is 46 % more affordable than the average price in Harrisonburg. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,279 it is 32 % 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 / sq.feet followed by "Condo" priced at $1.02 / sq.feet. "Apartment" is the most expensive type of property with a $1.16 / sq.feet value followed by "Condo" with an average price of $1.02 / sq.feet.