The rent prices in real estate in Lumberton, in the North Carolina region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Lumberton has fallen during the last 6 months. In October, the average price per sq.feet was $1.11. In November this price barely changed remaining at $1.14 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 95 % 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 $1.08 to $1.02 during February, and March.
When referring to the price in Lumberton (cities), this has risen in the last 6 months. The rent price in October is $1,195, rising in November till $1,348. During the following two months (December, January) the price has had an average rise from $1,271.5 to $1,406. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,338.75 and $1,300.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,264 they are 32 % more affordable than the average price for Lumberton . The properties with the highest average price have 4 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,261.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.82 / sq.feet, with an average $1.05 / sq.feet price in Lumberton. The properties with the most expensive average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,264 it is 41 % more affordable than the average price in Lumberton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $982 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.86 / sq.feet followed by "House" priced at $1.32 / sq.feet. "House" is the most expensive type of property with a $1.32 / sq.feet value followed by "Apartment" with an average price of $0.86 / sq.feet.