The rent prices in real estate in Hilton Head Island, in the South Carolina region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Hilton Head Island has barely changed in the last 6 months. In February, the average price per sq.feet was $1.3. In March this price barely changed remaining at $1.35 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.33 to $1.29 per sq.feet. The price per sq.feet has risen 106 % 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 $1.31 to $1.39 during June, and July.
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 February, the average price is $1,762. In March This price remains at $1,820. In the following two months the average price has hardly changed with regard to the previous two months from $1,791 to $1,879. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,835 to $1,696 in June and July.
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 $1,699 they are 25 % more affordable than the average price for Hilton Head Island . The properties with the highest average price have 4 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,948.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.42 / sq.feet price in Hilton Head Island. The properties with the most expensive average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.42 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,699 it is 28 % more affordable than the average price in Hilton Head Island. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of $2,602 it is 211 % 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 $1.39 / sq.feet followed by "Apartment" priced at $1.43 / sq.feet. "Condo" is the most expensive type of property with a $2.29 / sq.feet value followed by "Commercial" with an average price of $2 / sq.feet.