Property prices for rent in Hillsborough (North Carolina)
The rent prices in real estate in Hillsborough, 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 Hillsborough has fallen during the last 6 months. In October, the average price per sq.feet was $2.05. In November this price barely changed remaining at $2.02 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.04 to $1.94 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 $1.99 to $1.89 during February y March
When referring to the price in Hillsborough (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,631, rising in November till $2,873. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. 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 $2,671.5 and $2,739.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,907 they are 42 % more affordable than the average price for Hillsborough . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,375.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $1.82 / sq.feet price in Hillsborough. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.83 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,907 it is 29 % more affordable than the average price in Hillsborough. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $10,503 it is 491 % 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 "Detached House" priced at $2 / sq.feet. "Detached House" is the most expensive type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.
