The rent prices in real estate in Hilton Head Island, in the South Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Hilton Head Island has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.9. In April this price barely changed remaining at $1.87 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.88 to $2 per sq.feet. The price per sq.feet has had a considerable rise of 254 % 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 $1.94 to $4.93 during July, and August.
When referring to the price in Hilton Head Island (cities), this has risen considerably in the last 6 months. The average price for March is $2,564. During April the price had a considerable fall till $1,792. During the following two months (May, June) the average price had a considerable rise of 128 % 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 had a strong increase of 181 % 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 $6,075 they are 78 % more affordable than the average price for Hilton Head Island . The properties with the lowest average price have 4 bedrooms, Their price is 12 % more affordable than the average. After that we have properties with 3 bedrooms priced at $2,224.
With regard to the average prices per sq.feet those properties with 1 bedroom are 87 % 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 87 % more affordable than the average value aforementioned.
According to average price per property type in Hilton Head Island, "" priced at $1,645 is 73 % lower than the average price ($6,075) in this city.