The rent prices in real estate in Henrico, in the North Carolina 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 Henrico has fallen during the last 6 months. In November, the average price per sq.feet was $1.21. In December this price barely changed remaining at $1.19 per sq.feet. The price for the following two months in (January, February) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.16 to $1.09 during March, and April.
When referring to the price in Henrico (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,264. In December This price remains at $1,222. During the following two months (January, February) the price has had an average rise from $1,243 to $1,361. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,499 they are 21 % more affordable than the average price for Henrico . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,503.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.08 / sq.feet price in Henrico. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.08 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,499 it is 19 % more affordable than the average price in Henrico. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,487 it is 17 % 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 $1.02 / sq.feet followed by "Condo" priced at $1.1 / sq.feet. "Apartment" is the most expensive type of property with a $1.32 / sq.feet value followed by "Condo" with an average price of $1.1 / sq.feet.