The rent prices in real estate in Herndon, 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 Herndon has risen during the last 6 months. In October, the average price per sq.feet was $2.38. In November this price barely changed remaining at $2.47 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.42 to $2.54 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.48 to $2.54 during February y March
When referring to the price in Herndon (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,418. In November This price remains at $2,474. In the following two months the average price has hardly changed with regard to the previous two months from $2,446 to $2,555. 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 $2,500.5 and $2,463.5 between February and March.
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 $2,409 they are 13 % more affordable than the average price for Herndon . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,857.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.7 / sq.feet, with an average $2.51 / sq.feet price in Herndon. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.25 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,409 it is 34 % more affordable than the average price in Herndon. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $3,105 it is 45 % 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 $1.95 / sq.feet followed by "Detached House" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $2.68 / sq.feet value followed by "Condo" with an average price of $2.58 / sq.feet.