Property prices for rent in Hope Mills (North Carolina)
The rent prices in real estate in Hope Mills, in the North 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 Hope Mills has risen during the last 6 months. In November, the average price per sq.feet was $1.04. In December this price barely changed remaining at $1.04 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.04 to $1.08 per sq.feet. The price per sq.feet has risen 108 % 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 $1.06 to $1.15 during March, and April.
When referring to the price in Hope Mills (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,519. In December This price remains at $1,551. In the following two months the average price has hardly changed with regard to the previous two months from $1,535 to $1,533.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $1,600 they are 29 % more affordable than the average price for Hope Mills . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,473.
According to average price per property type in Hope Mills, "" priced at $1,570 is 2 % lower than the average price ($1,600) in this city.
