The rent prices in real estate in Lihue, in the Hawaii 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 Lihue has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.26. In the following month the price per sq.feet rose to $3.5. The price for the following two months in (January, February) had a considerable rise of 1053 %. The price per sq.feet has had a considerable rise of 190 % 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 $19.49 to $37.1 during March, and April.
When referring to the price in Lihue (cities), this has risen considerably in the last 6 months. The average price for November is $2,900. During December the price had a slight fall till $2,467. During the following two months (January, February) the average price had a considerable rise of 679 % 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 178 % 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 $2,997 they are 44 % more affordable than the average price for Lihue . The properties with the lowest average price have 3 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,994.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3 / sq.feet price in Lihue. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Lihue, "" priced at $1,755 is 41 % lower than the average price ($2,997) in this city.