The rent prices in real estate in Kernersville, in the North 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 Kernersville has risen strongly during the last 6 months. In May, the average price per sq.feet was $0.79. In June this price barely changed remaining at $0.8 per sq.feet. The price for the following two months in (July, August) had a considerable rise of 1356 %. The price per sq.feet has had a considerable rise of 130 % 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 $5.79 to $7.51 during September, and October.
When referring to the price in Kernersville (cities), this has fallen in the last 6 months. In our first sample month during May, the average price is $1,269. In June This price remains at $1,226. During the following two months (July, August) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,159.5 to $1,050.5 in September and October.
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 $1,039 they are 15 % more affordable than the average price for Kernersville . The properties with the highest average price have 4 bedrooms, Their price is 136 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,232.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $9.2 / sq.feet, with an average $7.5 / sq.feet price in Kernersville. The properties with the most expensive average prices have 3 bedrooms. They are 228 % more expensive than the average followed by properties with 1 bedroom with a price at $10.92 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,039 it is 8 % more affordable than the average price in Kernersville. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $960 it is 65 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $15 / sq.feet. "Apartment" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.