The rent prices in real estate in Kingwood, in the West Virginia 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 Kingwood has risen during the last 6 months. In November, the average price per sq.feet was $1.17. In December this price barely changed remaining at $1.18 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $1.17 to $1.34 per sq.feet. The price per sq.feet has risen 113 % 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 $1.26 to $1.42 during March, and April.
When referring to the price in Kingwood (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,955. In December This price remains at $1,985. During the following two months (January, February) the average price had a considerable fall of 83 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,801 to $1,515.5, which means a 84 % fall.
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 $1,464 they are 21 % more affordable than the average price for Kingwood . The properties with the highest average price have 4 bedrooms, Their price is 84 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,833.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.03 / sq.feet, with an average $1.45 / sq.feet price in Kingwood. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.37 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,464 it is 6 % more affordable than the average price in Kingwood. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,503 it is 525 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.48 / sq.feet. "House" is the most expensive type of property with a $15 / sq.feet value followed by "Apartment" with an average price of $1.48 / sq.feet.