The rent prices in real estate in Hilton Head Island, in the South Carolina 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 Hilton Head Island has risen during the last 6 months. In July, the average price per sq.feet was $1.42. In the following month the price per sq.feet rose to $1.54. In the following two months the price per sq.feet has risen 111 %, going from $1.48 to $1.65 per sq.feet. The price per sq.feet has fallen 86 % 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 $1.57 to $1.35 during November, and December.
When referring to the price in Hilton Head Island (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,699. In August This price remains at $1,730. During the following two months (September, October) the average price fell 93 % 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 110 % 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 $1,492 they are 11 % more affordable than the average price for Hilton Head Island . The properties with the highest average price have 4 bedrooms, Their price is 260 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,319.
With regard to the average prices per sq.feet those properties with 1 bedroom are 31 % more affordable than the average price of ($1 / sq.feet) in Hilton Head Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 31 % more affordable than the average value aforementioned.
According to average price per property type in Hilton Head Island, "" priced at $1,659 is 11 % more expensive than the average price ($1,492) in this city.