The rent prices in real estate in Luray, in the Virginia 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 Luray has risen strongly during the last 6 months. In February, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $289. The price for the following two months in (April, May) had a considerable rise of 243 %. The price per sq.feet has had a considerable rise of 119 % 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 $247.5 to $295 during June, and July.
When referring to the price in Luray (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $147. During March the price went through a considerable rise reaching $4,345. During the following two months (April, May) the average price had a considerable rise of 236 % 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 128 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,361 they are 2 % more affordable than the average price for Luray . The properties with the lowest average price have 1 bedroom, Their price is 1 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,331.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $25 / sq.feet, with an average $40 / sq.feet price in Luray. The properties with the most affordable average prices have 1 bedroom. They are 25 % more affordable than the average followed by properties with 4 bedrooms with a price at $25 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,361 it is 21 % more affordable than the average price in Luray. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,081 it is 2 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $25 / sq.feet. "House" with an average price of $25 / sq.feet has the most affordable price and would be directed at less affluent cities.