The rent prices in real estate in Monroe, in the North Carolina 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 Monroe has risen during the last 6 months. In October, the average price per sq.feet was $1.16. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has risen 108 %, going from $1.2 to $1.29 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.24 to $1.22 during February y March
When referring to the price in Monroe (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,848. In November This price remains at $1,902. In the following two months the average price has hardly changed with regard to the previous two months from $1,875 to $1,958. 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 $1,916.5 and $1,875.5 between February and March.
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 $1,899 they are 50 % more affordable than the average price for Monroe . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,893.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.15 / sq.feet, with an average $1.22 / sq.feet price in Monroe. The properties with the most expensive average prices have 2 bedrooms. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.26 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,899 it is 30 % more affordable than the average price in Monroe. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,958 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.12 / sq.feet followed by "House" priced at $1.26 / sq.feet. "Apartment" is the most expensive type of property with a $1.37 / sq.feet value followed by "House" with an average price of $1.26 / sq.feet.